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 …
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 …
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 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 …
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 …
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 …
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 …
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 …
The global carbon credit trading platform market is expected to reach USD 200.6 billion by 2027 from an estimated USD 67.3 billion in 2022, at a CAGR of 24.4% from 2022 to 2027. The global carbon credit trading platform market is expected to witness significant …
The global smart meters market is projected to reach USD 30.2 billion by 2026 from USD 19.6 billion in 2021, at a CAGR of 9.0% during the forecast period. Smart Meters is increasingly being installed and is showing robust growth. Governments worldwide are undertaking several initiatives to …
The global Electric Motors Market is expected to grow from USD 134.0 billion in 2022 to USD 186.0 billion by 2027, at a CAGR of 6.8% according to a new report by MarketsandMarkets™. This market is mainly driven by increasing investments in electric vehicles and …
According to the new market research report, the residential energy storage market is estimated to be valued at USD 719 million in 2022 and is projected to reach USD 1,828 million by 2027 growing at a CAGR of 20.5%. Declining costs of lithium-ion batteries and …
The global Offshore Pipeline Market is expected to grow from USD 14.8 billion in 2022 to USD 18.6 billion by 2027, at a CAGR of 4.7% according to a new report by MarketsandMarkets™. The Offshore Pipeline Market has promising growth potential due to the rising …
The global Blue Hydrogen Market is projected to grow from USD 18.2 billion in 2022 to USD 44.5 billion by 2030, at a CAGR of 11.9% according to a new report by MarketsandMarkets™. The factors driving the growth of the Blue Hydrogen Market are the …