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 …

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 …

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 …

Circuit Breaker Market Outlook and Evolving Industry Trends

Circuit Breaker Market

The global circuit breaker market size is expected to grow from an estimated USD 5.7 billion in 2020 to USD 7.7 billion by 2025, at a CAGR of 5.9%, during the forecast period. Circuit breakers protect electrical circuits from overloading or short-circuiting. They are critical …

MOSFET Relay Market Surge Towards Solid Growth by 2030

MOSFET relays are the semiconductor relays which consist of an LED coupled optically to a MOSFET and are used primarily as signal relay replacements. Having no flexible contacts, MOSFET relays have long-term reliability than mechanical relays. MOSFET relay is a type of photocoupler which comprises …

Biorefinery Market Likely to Boost Future Growth by 2027

Biorefinery Market

The global Biorefinery Market is projected to grow from USD 141.8 billion in 2022 to USD 210.3 billion by 2027, at a CAGR of 8.2% according to a new report by MarketsandMarkets™. New integrated biorefineries must be built in order to meet the expected growth …

Solid Oxide Fuel Cell Market to Flourish with an Impressive CAGR during 2022-2027

The solid oxide fuel cell market size will grow to USD 6.5 billion by 2027 from USD 1.5 billion in 2022, at a CAGR of 33.9 % during the forecast period. Government subsidies and increased R&D on fuel cell programs; fuel flexibility and increasing demand …

Biomass Gasification Market to Witness Strong Growth by 2027

Biomass Gasification Market

The global Biomass Gasification Market is expected to grow from USD 29 million in 2022 to USD 45 million by 2027, at a CAGR of 8.9% according to a new report by MarketsandMarkets™. The biomass gasification market has promising growth potential due to the rising …

Hydrogen Storage Tanks and Transportation Market Latest Trends, Development, Growth Analysis And Forecast by 2030

Hydrogen Storage Tanks and Transportation Market Trends

New Revenue Pockets: The hydrogen storage tanks and transportation market is estimated to be valued at USD 174 million in 2022 and is projected to reach USD 4,155 million by 2030 growing at a CAGR of 48.6%. Rising hydrogen refuelling stations and fuel cell vehicles …