The global artificial photosynthesis market size was estimated at USD 80.8 million in 2023 and is estimated to grow at a CAGR of 13.2% from 2024 to 2030. Global focus on reductions of carbon emissions is expected to remain a key driver for the market. With climate change becoming a ... Read More »
August 2024The global cable conduit systems market size was estimated at USD 7.90 billion in 2023 and is projected to grow at a CAGR of 8.0% from 2024 to 2030. The global infrastructure development, particularly in emerging economies, has been a significant driver for the market growth. As countrie... Read More »
August 2024The global digital substation market size was estimated at USD 6.90 billion in 2023 and expected to grow at a CAGR of 7.55% from 2024 to 2030. The increasing digital transformation of various operations and processes with respect to electricity production and distribution to enhance thei... Read More »
August 2024The global HVDC transmission market size was estimated at USD 11.98 billion in 2023 and is expected to grow at a CAGR of 4.5% from 2024 to 2030. An increasing demand for efficient long-distance power transmission is driving the growth of the market.... Read More »
August 2024The global electrical grid market size was estimated at USD 268.27 billion in 2023 and is estimated to grow at a CAGR of 5.6% from 2024 to 2030. Increasing demand for electricity globally, supported by rapid urbanization, and industrialization is expected to drive the market over the com... Read More »
August 2024The global commercial airport lighting market size was estimated at USD 681.81 million in 2023 and is expected to grow at a CAGR of 5.7% from 2024 to 2030. The market is propelled by increasing air traffic, stringent aviation safety regulations, and a growing emphasis on operational effi... Read More »
August 2024The global electrical conduit market size was estimated at USD 7.44 billion in 2023 and is estimated to grow at a CAGR of 6.7% from 2024 to 2030. Market growth is primarily driven by the rising demand for safe and secure electrical wiring systems in residential, commercial, and industria... Read More »
August 2024The global offshore wind turbine market size was estimated at USD 17.81 billion in 2023 and expected to grow at a CAGR of 11.5% from 2024 to 2030. The market is expected to expand accounting to rising interest in reducing the global carbon footprint and increasing demand for renewable en... Read More »
August 2024The global hydrogen compressor market size was valued at USD 1.85 billion in 2023 and is projected to grow at a CAGR of 3.9% from 2024 to 2030. As the world shifts toward a more sustainable energy system, hydrogen is increasingly viewed as a vital component of the future energy mix. It c... Read More »
August 2024The global shunt reactor market size was estimated at USD 2.66 billion in 2023 and is estimated to grow at a CAGR of 6.2% from 2024 to 2030. This growth is driven by increasing demand across various applications, particularly in power transmission and distribution systems. The surge is f... Read More »
August 2024The global Volt VAR management market size was estimated at USD 481.0 million in 2023 and is forecasted to grow at a CAGR of 5.0% from 2024 to 2030. The market is primarily driven by the growing demand for energy efficiency in power distribution systems. As utilities and grid operators s... Read More »
August 2024The global vacuum contactor market size was estimated at USD 4.26 billion in 2023 and is estimated to grow at a CAGR of 6.6% from 2024 to 2030. Rising need for energy efficiency in industrial applications is expected to benefit the market growth over the coming years.... Read More »
August 2024The global wind turbine tower market size was estimated at USD 27.78 billion in 2023 and is projected to grow at a CAGR of 8.1% from 2024 to 2030. The global market is primarily driven by the increasing demand for clean, renewable energy sources as countries worldwide aim to reduce their... Read More »
August 2024The global well cementing services market size was estimated at USD 8.8 billion in 2023 and is projected to grow at a CAGR of 4.1% from 2024 to 2030. The global rise in crude oil prices is the pivotal factor that propelled the market growth. The increase in oil prices led several oil &am... Read More »
August 2024The global small-scale LNG market size was estimated at USD 52.51 billion in 2023 and is expected to grow at a CAGR of 14.1% from 2024 to 2030. Increasing demand for cleaner energy sources, particularly in remote areas and emerging economies is driving the growth of market. Besides, smal... Read More »
August 2024The global bifacial solar market size was estimated at USD 16.07 billion in 2023 and is expected to grow at a CAGR of 15.1% from 2024 to 2030. Increasing demand for solar energy as countries and businesses aim to transition to cleaner energy sources, bifacial solars are gaining popularit... Read More »
August 2024The global synchronous condenser market size was estimated at USD 679.1 million in 2023 and is forecasted to grow at a CAGR of 2.7% from 2024 to 2030. This growth is attributed to the growing complexity and variability in power generation across the globe. Synchronous condensers help mai... Read More »
July 2024The global silicon anode battery market size was estimated at USD 279.29 million in 2023 and is expected to grow at a CAGR of 47.1% from 2024 to 2030. The market is experiencing significant growth, driven by the increasing demand for high-energy density batteries across industries such a... Read More »
July 2024The global alkaline water electrolysis market size was estimated at USD 140.45 million in 2023 and expected to grow at a CAGR of 19.6% from 2024 to 2030. The market is primarily driven by the increasing demand for clean and sustainable energy solutions, particularly the production of gre... Read More »
July 2024The global small modular reactor market size was estimated at USD 6.14 billion in 2023 and is expected to grow at a CAGR of 3.3% from 2024 to 2030. This growth is attributed to their potential to provide a more flexible and cost-effective solution for nuclear power generation. These are ... Read More »
July 2024