The bioenergy market size was valued at $102.5 billion in 2020, and is projected to reach $217.8 billion by 2030, growing at a CAGR of 7.6% from 2021 to 2030. Bioenergy refers to energy derived from biomass, which is organic matter derived from living or recently living organisms. This renewable energy source harnesses the energy …
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The cast resin dry type transformer market size was valued at $3.0 billion in 2020, and is projected to reach $5.0 billion by 2030, growing at a CAGR of 5.3% from 2021 to 2030. Cast resin dry type transformers are magnetic core transformers in which the windings and core are kept in a sealed tank …
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The mobile battery market size was valued at $21.2 billion in 2020, and is projected to reach $38.6 billion by 2030, growing at a CAGR of 6.3% from 2021 to 2030. Mobile batteries are the batteries used to provide electric power to mobile phones for their operations. Mobile phones or smartphones have become the most …
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The power distribution unit market size was valued at $4.1 billion in 2020, and is projected to reach $7.9 billion by 2030, growing at a CAGR of 6.9% from 2021 to 2030 A power distribution unit is an electrical device that has multiple sources of integrated power outputs. Each power output socket can be connected …
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The Global Surge Protector Market size was valued at $3.9 billion in 2020 and is anticipated to generate $6.8 billion by 2030. The market is projected to experience growth at a CAGR of 5.4% from 2021 to 2030. Power surge protector is designed to protect electrical appliances from voltage spikes. These protectors limit voltage supplied …
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As per the report published by Allied Market Research, the global PA66 market was pegged at $5.9 billion in 2021, and is expected to reach $9.8 billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031. The report provides an in-depth analysis of top segments, changing market trends, value chain, key investment …
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According to the report published by Allied Market Research, the global metal casting market was estimated at $129.5 billion in 2021 and is expected to hit $226.8 billion by 2031, registering a CAGR of 5.8% from 2021 to 2030. The key market players analyzed in the global metal casting market report Dynacast International, ahresty corporation, …
The liquefied petroleum gas market is anticipated to witness considerable growth during the forecast period. This is attributed to factors such as rise in demand for LPG from various applications such as residential, commercial, and industrial. In addition, government initiatives to encourage the commercialization of LPG as cooking and auto fuel promote the growth of …
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The global traction battery market is expected to possess high growth potential in the coming years, owing to its use in electric vehicles, industrial, and locomotives. The increasing awareness for environment-friendly vehicles and rising volatility in fuel prices have surged the demand for electric vehicles. Moreover, factors, such as electrification of the transport sector and …
The solar panel recycling market is anticipated to witness considerable growth during the forecast period. This is attributed to factors such as rise in demand for solar photovoltaic panels from residential, commercial, industrial applications. In addition, increase in government activities toward the production of solar energy across the globe fuels the growth of the market. …