The global wind energy market size was valued at $62.1 billion in 2019, and is projected to reach $127.2 billion by 2027, growing at a CAGR of 9.3% from 2020 to 2027. Wind energy is a renewable energy source that harnesses the power of wind to generate electricity. Wind turbines are used to convert the …
Continue reading “Wind Energy Market Future Trends, Demands & Forecast to 2027”
Industrial oils are produced using hydrotreated or hydrocracked base oils, which offer a separate quality benefit over other comparable goods produced through the use of standard base oils. The presence of developing countries in Asia-Pacific such as China and India, which are the hub for industrial oils production owing to the rapid expansion of chemical, …
Continue reading “Industrial Oils Market Predicted to Accelerate Growth by 2021 – 2031”
Solar energy is one of the most efficient ways of generating power because solar energy is renewable energy and offers a big contribution in reducing carbon emission and thereby ensuring a sustainable energy future. Solar energy can be utilized for heating, cooling, lighting, transportation, and various other applications; this varied utilization of solar energy also …
The USB wall charger (USB wall socket) refers to a universal power adapter that enables users to plug into multiple varieties of an electrical socket. A USB wall charger optimally delivers power requirements as much as the device needs. A USB wall charger is designed in a way so that it is compatible with a …
Continue reading “USB Wall Socket Market Set to Surge Significantly During 2031”
Variable frequency drive (VFD) is an electrical equipment that is used with electric motors, which change the applied voltage supplied to the motor. It helps to control the operating speed to reduce energy consumption. Variable frequency drive market players have undergone digitization to monitor the functioning of speed, and thus improve its overall efficiency. The …
Continue reading “Variable Frequency Drive Market Strategic Plan for Positive Growth 2031”
Solar Photovoltaic (PV) Installations Market Overview The solar photovoltaic installations market was valued at $131,818 million in 2016, and is projected to reach $393,594 million by 2023, growing at a CAGR of 17.4% from 2017 to 2023. Solar photovoltaic (PV) installations are systems that use solar panels to convert sunlight into electricity. Solar PV panels …
The global Concentrated Solar Power Market is projected to reach $ 8,046.7 million by 2026, growing at a CAGR of 10.3% from 2019 to 2026. The MEA region accounted for nearly 21.0% market share in 2018. Concentrated solar power (CSP) is a technology that uses mirrors or lenses to concentrate sunlight onto a small area, …
SCR power controller consists of thyristor the main component of controller, control circuit, heat dissipation element, and protective circuit. Heat sensor sends a signal to the temperature controller specifying the amount of heat required by the load. The controller uses this signal to calculate the rate needed to switch electric current on and off to …
Solar reflective glass refers to the specially coated glass that reflects a substantial share of sunlight and declines the amount of heat entering inside to make it more comfortable. It makes the indoor space brighter and fresher. Solar reflective glasses are used in numerous applications, such as commercial, residential, and automotive, to decrease the amount …
Continue reading “Solar Reflective Glass Market: Global Forecast Over 2031”
Solar energy is stored in a battery by pumping solar energy into the battery to initiate a chemical reaction among the component of the battery and discharge the power as per requirement. It is made of lithium-ion or lead acid. It is rechargeable and can be generally used in solar cell systems to store excess …
Continue reading “Solar Energy Storage Market to Incur Rapid Extension During 2031”