At a CAGR of 5.9% Functional Beverages Market is projected to reach USD 200,080.3 Million by 2030 | Says AMR

According to a new report published by Allied Market Research, titled, “Functional Beverages Market by Type, Distribution channel and End user: Global Opportunity Analysis and Industry Forecast, 2021-2030,” The functional beverages market share is expected to reach $200,080.3 million by 2030, registering a CAGR of 5.9% from 2021 to 2030. Functional beverages are nonalcoholic drinks …

Europe was the highest contributor in Specialty Malt Market Revenue of USD 4.8 Billion & CAGR of 4.7% up to 2026 | Says AMR

A new report published by Allied Market Research, titled, ” Specialty Malt Market by Source, Form, Application and Product: Opportunity Analysis and Industry Forecast, 2019-2026,” The specialty malt market size was valued at $3.3 billion in 2018 and is projected to reach $4.8 billion by 2026, growing at a CAGR of 4.7% from 2019 to …

Capacitor Bank Market Worth $6 Bn by 2031

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 …

AI in Energy Market Grow – CAGR Of 17.4%

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 …

Portable Power Station Market Worth $5.9 Bn by 2031

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 …

Lithium-ion Battery Recycling Market Growth Is Skyrocketing Beyond Predictions, 2030

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 …

Solar (PV) Inverter Market Grow – CAGR Of 8.8%

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 …

Transformer Market Worth $103 Bn by 2031

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 …

Lead–Acid Battery Market Growth Is Skyrocketing Beyond Predictions, 2026

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. …

Utility Poles Market Worth $58.8 Bn by 2026

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. …