According to the report published by Allied Market Research, the global battery recycling market generated $11.1 billion in 2020, and is estimated to generate $66.6 billion by 2030, witnessing a CAGR of 19.5% from 2021 to 2030. The report offers a detailed analysis of changing market trends, value chain, top segments, key investment pockets, regional scenarios, and …
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Allied Market Research published a report, titled, “Redox Flow Battery Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2019–2026.” According to the report, the global redox flow battery industry generated $130.4 million in 2018, and is expected to garner $403.0 million by 2026, registering a CAGR of 15.2% from 2019 to 2026. Surge in adoption of vanadium redox flow …
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According to the report published by Allied Market Research, the global low voltage circuit breaker market generated $3.4 billion in 2019, and is estimated to reach $4.4 billion by 2027, registering a CAGR of 4.9% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and …
Allied Market Research recently published a report, titled, “Wave Energy Market by Technology, Location, and Application: Global Opportunity Analysis and Industry Forecast, 2020–2027”. As per the report, the global wave energy industry was pegged at $43.8 million in 2019, and is projected to reach $141.1 million by 2027, growing at a CAGR of 17.8% from 2020 to 2027. By technology, the oscillating …
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Rise in urbanization and increase in industrialization in emerging countries are the key factors increasing the fuel consumption. As the oil &gas industry has one of the most severe impacts on the environment, which will drive the growth of the drilling mud desander and desilter market. Moreover, fluctuation in prices of crude oil has an …
The navigation satellite systems are used to identify the geographical location of a user anywhere in the world. Also, the global navigation satellite systems (GNSS) use geospatial frequencies to find the actual location of a person by electrical receivers. Each satellite system transmits coded signals at accurate intervals to provide immediate communication. On receiving the …
Unmanned aerial vehicles are aircrafts without a human pilot, which flies around and collects required images and data. Large unmanned aerial vehicles have been found useful in combat training and military testing programs, whereas the smaller or nano unmanned aerial vehicles are utilized in extreme covert operations. Also, these mini unmanned aerial vehicles are developed …
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The rise in deepwater and ultra-deepwater exploration and production activities is one of the major reasons for the deepwater and ultra-deepwater drilling market growth. Governments of various countries are taking initiatives to improve energy security and increase oil & gas production, due to increase in population and industrial developments are increasing the global demand for …
Air insulated switchgear (AIS) has low manufacturing cost and is easy to maintain, due to which there is increase in production, thereby boosting the air insulated switchgear market during the forecast period. Increase in demand for air insulated switchgears due to their widespread usage in areas where space, environmental conditions, and weather conditions are not …
An emergency locator transmitter is an equipment used for broadcasting different signals on designated frequencies. While this can be manually activated by a user, the emergency locator transmitter automatically activates itself depending on the application in cause of an impact. Emergency locator transmitters are minimal components in an aircraft, which enables great safety features. Innovations …