The solar EV charging market size is estimated to reach $330.9 million by 2031, growing at a CAGR of 8.1% from 2022 to 2031. Solar electric vehicle (EV) charging refers to the practice of using solar energy to charge electric vehicles. It involves integrating solar panels with EV charging infrastructure to harness renewable energy directly …
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The global hydrogen fuel cell market size was valued at $2.7 billion in 2021, and projected to reach $5.7 billion by 2031, with a CAGR of 8.1% from 2022 to 2031. A hydrogen fuel cell is a device that generates electricity through an electrochemical process using hydrogen and oxygen as fuel. It is a clean …
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The line heaters market was valued at $20.8 million in 2021, and is estimated to reach $34.4 million by 2031, growing at a CAGR of 5.4% from 2022 to 2031. Line heaters are devices used in the oil and gas industry to heat pipelines and help maintain the temperature of the transported fluids, which are …
The global carbon capture, utilization, and storage market is expected to head toward expansion in the coming years, owing to rising industrialization along with soaring investments toward introduction of emission control machineries will create significant market opportunities across various sectors including oil & gas, chemical and power generation across the globe. In addition, increasing industrialization …
The global battery racks market is expected to head toward expansion in the coming years, owing to increase in awareness of versatile battery rack solutions for efficient storage and maintenance of batteries in various industries. In addition, major players operating in the market are focusing on increased production of quality products to meet rising demand …
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The biodegradable batteries market size is estimated to reach $406.7 million by 2031, growing at a CAGR of 11.3% from 2022 to 2031. Biodegradable batteries are a type of battery that can decompose naturally after use, without causing harm to the environment. These batteries are typically made from materials that can be broken down by …
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The biogas plant market size is estimated to reach $5.6 billion by 2032, growing at a CAGR of 4.3% from 2023 to 2032. A biogas plant is a facility that generates biogas, a renewable energy source, from organic waste materials through a process called anaerobic digestion. Organic waste materials can include food waste, animal manure, …
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significant enrichment in industrial sectors in developing Asia-Pacific countries has significantly strengthened the global supply chain. Many countries, particularly those in Europe and North America are now reliant on importing raw materials or finished products from Asia-Pacific countries such as China and India, owing to their huge production capacity and significantly lower prices. Many nations …
Some of the states in the U.S. are boosting its solar energy capacity which might increase the demand for solar batteries. The California plans to boost its solar power capacity in 2021 to meet the target of 50% renewable generation by 2025. In addition, the California Independent System Operator (CAISO) is also aiming to add …
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There is an increase in the procurement of these residential generators as a result of expansion of urbanisation in the emerging nations, leading to market expansion, particularly in Asia-Pacific. The region is predicted to be the largest residential generators market in the world due to rise in population and a continual demand-supply mismatch for power. …