The global renewable energy market size was estimated at USD 1.21 trillion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 17.2% from 2024 to 2030. The shift toward low-carbon fuels and the presence of stringent environmental regulations in most of the develope... Read More »
November 2023The global solar PV panels market size was estimated at USD 170.25 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2030. Growing demand for renewables-based clean electricity coupled with government policies, tax rebates, and incentive... Read More »
November 2023The global wind turbine operations and maintenance market size was valued at USD 15.86 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.0% from 2023 to 2030. Repairing and maintenance of turbines is an integral part of the wind energy project. Efficien... Read More »
November 2023The global offshore pipeline market size was estimated at USD 13.97 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030. The global rising demand for energy, particularly oil and natural gas is expected to increase the demand for... Read More »
November 2023The global LNG bunkering market was valued at USD 1,150.1 million in 2022 and is expected to grow at a CAGR of 28.67% over the forecast period. LNG bunkering involves supplying liquefied natural gas as a fuel source for a vessel's self-use. The primary benefit of using LNG as a fuel lies...Read More »
The global oil refining market was valued at USD 1,687.7 billion in 2022 and is expected to grow at a CAGR of 4.28% over the forecast period. This market is characterized by its intricate processes, vast infrastructure, and its role as a crucial link in the supply chain of energy and pet...Read More »
The global tidal energy market was estimated at 127 GWh in 2022, with tidal energy generation expected to grow at a CAGR of 1.64% from 2023 to 2030. Increasing investments in tidal farms and demonstration projects across Europe, Canada, and South Korea is driving power generation through...Read More »
The U.S. solar PV market size was estimated at USD 29.68 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 13.7% from 2023 to 2030. Favorable policies and incentive schemes at the state and federal levels coupled with decreasing prices of solar panels ar... Read More »
October 2023The global floating LNG power vessel market size was estimated at USD 728.02 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 2.9% from 2023 to 2030. The insufficient power generation infrastructure in developing nations, reduced pollution levels, and th... Read More »
October 2023The Asia Pacific food grade carbon dioxide market size was valued at USD 428.8 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. Growing demand in the freezing and chilling application stimulated by rising disposable income is e... Read More »
October 2023The global solar backsheet films market size was estimated at USD 1.87 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030. The demand for solar PV backsheet films are propelled by their rising demand for renewable energy for the manu... Read More »
October 2023The global flow battery market size was valued at USD 328.1 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 22.6% from 2023 to 2030. The rising demand for energy storage systems globally is the primary factor for market growth. According to the U.S. ... Read More »
October 2023The global battery separator market size was estimated at USD 4.21 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 15.8% from 2023 to 2030. The product demand is propelled by its wide-scale usage in the end-use industries, such as automotive, consumer e... Read More »
October 2023The global diesel fuel market size was estimated at USD 225.62 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 3.96% from 2023 to 2030. The increasing usage of diesel fuel in industrial applications and the availability of diesel manufacturing faciliti... Read More »
October 2023The global offshore wind market size was estimated at USD 36.39 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.97% from 2023 to 2030. The market is anticipated to expand due to growing interest in decreasing the global carbon footprint and increased... Read More »
October 2023The global sustainable aviation fuel market size was estimated at 576.18 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 57.50% from 2023 to 2030. The rise in environmental concerns, regulatory support, and increasing demand for clean, sustainable fuels... Read More »
October 2023The global e-fuel market size was estimated at USD 113.94 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 19.0% from 2023 to 2050. This growth is attributed to the growing demand for clean and sustainable e-fuels to reduce the dependence of countries ... Read More »
September 2023The global pipeline pigging services market size was valued at USD 9.7 billion in 2018 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.7% from 2019 to 2025. Pipeline pigging is a practice of using a device, known as the “pig”, to clean the pipes and pe... Read More »
September 2023The U.S. motive lead acid battery market size was valued at USD 1,190.22 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.3% from 2023 to 2030. Lead acid batteries find application in uninterruptible power supply (UPS) systems as they provide high powe... Read More »
September 2023The hydrogen storage market size was valued at USD 4.0 billion in 2015 and is expected to witness significant growth over the forecast period. Increasing demand for renewable energy is anticipated to drive the market over the coming years. A shift in focus towards alternative energy sour... Read More »
September 2023