Carbon Nanotube Market Soars: Unravelling the Growth Trajectory
In the ever-evolving landscape of nanotechnology, the Carbon Nanotube (CNT) market is emerging as a key player, driving significant strides in various industries. As of 2023, the market stood at a noteworthy USD 1.1 billion, and projections indicate an impressive growth trajectory, with expectations to reach a staggering USD 2.3 billion by 2028, boasting a Compound Annual Growth Rate (CAGR)...
Transformer Oil Market Size, Share, Growth, Analysis & Global Forecast to 2030
The global Transformer Oil Market size is projected to reach USD 3.0 billion in 2030 from USD 2.0 billion in 2023 at a CAGR of 5.9% according to a new report by MarketsandMarkets™. Transformer oil is a special kind of oil that is primarily used in transformers to facilitate insulation and cooling. Transformer oil caters to the T&D, railways and metros, power generation,...
Portable Power Station Market Size, Share, Industry Growth Through 2028
The global Portable Power Station Market size is projected to reach USD 1.1 billion in 2028 from USD 0.5 billion in 2023 at a CAGR of 18.4% according to a new report by MarketsandMarkets™. Portable power stations are portable and compact devices that function as independent power sources. Their purpose is to store electrical energy obtained from diverse sources such as solar panels, wall outlets,...
Building the Future: Why 3D Printing is Poised to Revolutionize Construction
Imagine a world where houses are printed, not built. Where intricate concrete structures rise from the ground in a matter of hours, not weeks. Where sustainable materials seamlessly integrate with cutting-edge design, minimizing waste and maximizing efficiency. This isn’t science fiction – it’s the burgeoning reality of 3D printing in construction.
3D printing construction...
Residential Energy Storage Market Size, Unveiling the Potential Scope for 2023-2028
The global Residential Energy Storage Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 18.3% during the forecast period, to reach USD 2,028 million by 2030 from USD 898 million in 2023.
The growing production of electric vehicles and the rising demand for solar PV systems are expected to be the main drivers of this growth. These factors are expected to act as key catalysts...
Reed Relay Market May See a Big Move: ABB, Standex International Corporation, Siemens, Schneider
New Revenue Pockets:
The global reed relay market size is estimated to be USD 352 million in 2022 and is projected to reach USD 1,125 million by 2030, at a CAGR of 15.6% during the forecast period. The reed relay market is driven by the growth of increasing adoption of EVs. Reed relays are used in the batteries of EVs. According to International Energy Agency’s Tracking Clean Energy Progress...
Current Trends: A Deep Dive into the High Voltage Cables and Accessories Market
Global Growth Factors:
Factors such as increased investments in electricity grids and growth of offshore wind farms is driving the need for high voltage cables and accessories. It offer insulation and protection to prevent electrical leakage and reduce power losses. Accessories are essential components utilized to establish secure connections and maintain the seamless flow of power, ensuring the...
Shredder Blades Market Size to Grow $557 million by 2028
According to a research report “Shredder Blades Market by Shaft Count (Single shaft, Double shaft), Blade Design (Hook, Square), End User Industry (Waste Management & Recycling, Food Industry), Application (Plastic, Rubber, Metal, Wood, E-waste) & Region – Global Forecast to 2028″ published by MarketsandMarkets, the Shredder blades market is projected to reach USD 557 million...
Upcoming Growth Trends in the Dairy Processing Equipment Industry
The dairy processing equipment market is a part of the larger food processing equipment industry. The market for dairy processing equipment involves the manufacturing and distribution of machinery used in the processing of dairy products such as milk, cheese, yogurt, and butter. The global dairy processing equipment industry size is valued at USD 10.7 billion in 2023, showcases a significant...
Distribution Automation Market Sets New Record, Projected at $28.1 Billion By 2027 at 12.2% CAGR
The global distribution automation market is estimated to be valued at USD 15.8 billion in 2022 (estimated year) and is projected to reach USD 28.1 billion by 2027 (forecast year); growing at a CAGR of 12.2% during the forecast period.
The distribution automation market has promising growth potential due to the rising deployment of smart grid technologies and increasing demand for the electricity...