The global energy as a service (EAAS) market size was valued at $54.4 billion in 2020, and is projected to reach $112.7 billion by 2030, growing at a CAGR of 7.6% from 2021 to 2030. Energy as a Service (EaaS) is a business model and concept that involves providing energy-related services and solutions to customers, …
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The global capacitor bank market was valued at $3.9 billion in 2021, and is projected to reach $6.0 billion by 2031, growing at a CAGR of 4.3% from 2022 to 2031. A capacitor bank is a collection of capacitors connected together in parallel or series to store and release electrical energy quickly. Capacitor banks are …
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The AI in energy market size was valued at $4 billion in 2021, and is estimated to reach $19.8 billion by 2031, growing at a CAGR of 17.4% from 2022 to 2031. Artificial Intelligence (AI) is playing an increasingly significant role in the energy sector, bringing about improvements in efficiency, reliability, sustainability, and cost-effectiveness. Get …
The portable power station market size was valued at $4 billion in 2021, and portable power station industry is estimated to reach $5.9 billion by 2031, growing at a CAGR of 3.9% from 2022 to 2031. A portable power station, also known as a portable solar generator or a portable battery generator, is a compact …
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The lithium-ion battery recycling market size was valued at $1.33billion in 2020, and is projected to reach $38.21billion by 2030, growing at a CAGR of 36.0% from 2021 to 2030. Lithium-ion battery recycling is the process of recovering valuable materials from used or end-of-life lithium-ion batteries in order to reuse them and minimize the environmental …
The solar (PV) inverter market size was valued at $7.7 billion in 2020, and is projected to reach $17.9 billion by 2030, growing at a CAGR of 8.8% from 2021 to 2030. A solar inverter, also known as a photovoltaic (PV) inverter, is an essential component of a solar power system. Its primary function is …
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The transformer market was valued at $58.6 billion in 2021, and is estimated to reach $103.0 billion by 2031, growing at a CAGR of 6.1% from 2022 to 2031. A transformer is an electrical device that transfers electrical energy between two or more circuits through electromagnetic induction. It works on the principle that when an …
The global lead–acid battery market size was valued at $39.7 billion in 2018, and is projected to reach $59.7 billion by 2026, growing at a CAGR of 5.24% from 2019 to 2026. A lead-acid battery is a type of rechargeable battery that uses lead electrodes and sulfuric acid electrolyte to store and release electrical energy. …
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The global utility poles market was valued at $45.6 billion in 2018, and is projected to reach $58.8 billion by 2026, growing at a CAGR of 3.2% from 2019 to 2026. Utility poles, also known as power poles or telephone poles, are tall structures used to support various utility cables and equipment above ground level. …
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Allied Market Research published a report, titled, “Reinforced Plastics Market by Fiber Type (Glass Fiber, Carbon Fiber, Aramid Fiber, and Others), Polymer (Thermoset and Thermoplastic) and Application (Automotive, Building & Construction, Aerospace & Aviation, Wind Energy, Marine, Electrical & Electronics, and Others): Global Opportunity Analysis and Industry Forecast 2020–2027.” The global reinforced plastics industry garnered …