Rising Demand for Lithium Iron Phosphate Batteries Drives Market Growth

Lithium Iron Phosphate Batteries Market

The global lithium iron phosphate batteries market is expanding rapidly due to rising demand for rechargeable batteries in a variety of end-use sectors such as automotive, power, and electronics. Lithium iron phosphate (LFP) batteries are a type of rechargeable battery that has a high energy …

Revolutionizing the Shipping Industry: The Rise of Smart Ports

Smart Port Market

The global smart port market is projected to reach USD 5.7 billion by 2027 from an estimated USD 1.9 billion in 2022, at a CAGR of 24.3% during the forecast period. The global smart port market is primarily being driven by increasing international maritime trade …

Superconducting Wire Market Pegged for Robust Expansion by 2028

According to a research report “Superconducting Wire Market by Type (Low-temperature Superconductor, Medium-temperature Superconductor, High-temperature Superconductor), End User (Energy, Medical, Transportation, Research), Sales Channel and Region – Global Forecast to 2028″ published by MarketsandMarkets, the global superconducting wire market is projected to reach USD 1.7 …

Carbon Footprint Management Market to Reach $30.8 billion in 2028

Carbon Footprint Management Market

According to a research report “Carbon Footprint Management Market Component (Solutions, and Services), Deployment Mode (On-premises, and Cloud), Organization Size (Corporates/Enterprises, Mid-Tier Enterprises, Small Businesses), Vertical & Region – Global Forecast to 2028″ published by MarketsandMarkets, the global carbon footprint management market is estimated to …

Power Device Analyzer Market to Continue Growth through 2027

According to a research report “Power Device Analyzer Market by Type (Both AC and DC, AC and DC), Current (Below 1000A and Above 1000A), End User (Automotive, Energy, Telecommunication, Consumer Electronics and Appliances, Medical) and Region – Global Forecast to 2027″ published by MarketsandMarkets, the …

Relay Market worth to Witness Comprehensive Growth by 2030

Circuit Breaker Market

The relay market size is estimated to be USD 9.0 billion by 2022 and is projected to reach USD 14.7 billion by 2030, at a CAGR of 6.3%. A relay is an electronic control device that has a control system (also called an input loop) …

Distribution Automation Market worth $28.1 billion by 2027 | Rapid growth of technologies in AsiaPacific to Stoke Demand

Distribution Automation Market Trends

The distribution automation market has promising growth potential due to the rising deployment of smart grid technologies and increasing demand for the electricity in remote areas. According to the latest market research, the global distribution automation market is estimated to be valued at USD 15.8 …

Carbon Credit Trading Platform Market Will Reach USD 317 Million by 2027

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New Revenue Pockets:  The global carbon credit trading platform market is expected to reach USD 317 million by 2027 from an estimated USD 106 million in 2022, at a CAGR of 24.4% from 2022 to 2027. Increasing carbon emissions are the primary driver for global …

GEOTHERMAL ENERGY—FUTURE PROSPECT FOR ALTERNATIVE SOURCE OF POWER

Geothermal Energy Market

The global energy demand mainly depends on fossil fuels. Over-dependence on fossil resources increases economic and environmental risks throughout the world. Also, in the present scenario of electricity production, it is difficult to meet the increasing demand. In this circumstance, the effective utilization of renewable …

Empowering Industry: Exploring the Industrial Control Transformer Market

Circuit Breaker Market

The global industrial control transformer market is projected to reach USD 1.2 billion by 2027 from an estimated USD 0.9 billion in 2022, at a CAGR of 5.0% during the forecast period. The global industrial control transformer market is primarily being driven by increasing energy …

Empowering Energy Efficiency: The Growing Power Quality Equipment Market

Circuit Breaker Market

The main drivers for the power quality equipment market are improving power quality to reduce the overall carbon footprint of electrical devices and maximising cost and energy savings.During the forecast period, the power quality equipment market is expected to benefit from increased adoption of smart …

Massive Growth in Hydraulic Fracturing Market

Offshore Pipeline Market

The hydraulic fracturing market is expected to grow from an estimated USD 34.8 billion in 2021 to USD 50.2 billion by 2026, at a CAGR of 7.6% during the forecast period. The growing energy demand has led to technological developments in horizontal drilling, shale oil …