Rapidly growing demand for power to run power consuming manufacturing industries across the developing and developed countries is one of the major factors fueling the demand for Captive power generation market. The surge in industrialization and urbanization across the developing countries and shift in the movement of individuals from the rural to urban areas led …
Category Archives: Renewable Energy
Diaphragm Pump Market Growth, Trends, Opportunities and Forecast to 2030
Rapidly growing Urbanization and industrialization play a vital for every sector and nation since urbanization led to increase the water and wastewater activities which led to increase the demand of diaphragm pump. The global diaphragm pump market size was valued at $5.4 billion in 2020, and global diaphragm pump market forecast projected to reach $9.3 …
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Nuclear Power Plant and Equipment Market Growth, Trends, Opportunities and Forecast to 2030
Rise in demand for low-cost energy, reliable, zero carbon emissions, and high energy density energy across the world led to increase in the demand for nuclear energy. In addition, the increase in demand for electricity caused in part by the increase in population, and by economic development also led to increase the demand of nuclear …
Oilfield Auxiliary Rental Equipment Market to Witness Comprehensive Growth by 2030
The oilfield auxiliary rental equipment market is anticipated to witness considerable growth during the forecast period. This is attributed to factors, such as rise in demand for crude oil and other oil & gas products from developing regions, including Asia-Pacific and Latin America. In addition, rapid growth of hybrid or dual fuel vehicles across the …
Ozone Generation Market to Witness Robust Expansion Throughout the Forecast Period 2021 – 2030
The global ozone generation market size was valued at $1.5 billion in 2020, and is projected to reach $2.5 billion by 2030, at a CAGR of 5.3% from 2021 to 2030. Ozone, also known as trioxygen, has the chemical formula O3 and is composed of three oxygen atoms. Ozone gas is naturally unstable at normal …
Nanotechnology in Energy Market: A Breakthrough for Sustainable Development
The global nanotechnology in energy market size was valued at $139.7 million in 2020, and is projected to reach $384.8 million by 2030, with global nanotechnology in energy market forecast expected at a CAGR of 10.7% from 2021 to 2030. Nanotechnology has the potential to revolutionize the energy industry by enabling the development of more …
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The Role of Government Policies in Shaping the Hydropower Generation Market
The global hydropower generation market was valued at $202.4 billion in 2019, and is projected to reach $317.8 billion by 2027, growing at a CAGR of 5.9% from 2020 to 2027. Hydropower generation, also known as hydroelectric power generation, is the process of harnessing the energy of flowing water to generate electricity. It is one …
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Exploring the Key Drivers of Bioenergy Market Expansion
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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Cast Resin Dry Type Transformer Market Strategic Plan for Positive Growth 2030
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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Mobile Battery Market to Witness a Pronounce Growth During 2021 To 2030
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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