Power Grid System Market in Subsea Size, Share and Forecast to 2027
The increased deepwater oil and gas exploration activities due to depleting onshore fossil fuel reserves and favorable government policies for offshore renewable power production, especially using wind energy is expected to drive the demand for global power grid system market in subsea. According to the BP Statistical Review of 2021, the top countries with the most untapped oil reserves include the...
Hydrogen Fueling Station Market Size to Reach $1,129 million by 2030
According to a research report “Hydrogen Fueling Station Market by Supply Type, Station Size (Small Stations, Mid-Sized Stations, Large Stations), Station Type (Fixed Hydrogen Stations, Mobile Hydrogen Stations), Pressure, Solution (EPC, Components) and Region – Global Forecast to 2030″ published by MarketsandMarkets, the global hydrogen fueling station market is projected to reach...
Biomass Power Generation Market Size to Hit $105.7 billion by 2028
According to a research report “Biomass Power Generation Market by Technology (Combustion, Gasification, Anaerobic Digestion, Pyrolysis), Feedstock (Agricultural Waste, Forest Waste, Animal Waste, Municipal Waste), Fuel (Solid, Liquid, Gaseous) and Region – Global Forecast to 2028″ published by MarketsandMarkets, the global biomass power generation market is projected to reach USD...
The Rise of Hydrogen Generation: Opportunities and Challenges in the Energy Industry
The factors driving the growth for hydrogen generation market is Increasing hydrogen demand in the petroleum refineries and rising demand for hydrogen in transportation and power generation applications.
According to a new market research, ‘The global hydrogen generation market is projected to reach USD 263.5 Billion by 2027, at a CAGR of 10.5% between 2022 to 2027′.
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Closing in on Power Outages: Exploring the Latest Recloser Market Trends
The increase in energy consumption and the growth in renewable power generation lead to the rising demand for recloser. As global renewable power capacity increases each year, the demand for power distribution, generation, and transmission grows exponentially in every industry. A recloser is mainly designed for use in overhead distribution lines, distribution substation applications, and smart grid...
Power Device Analyzer Market to touch $600 million by 2027 at a 5.0% CAGR by 2027
According to a research report “Power Device Analyzer Market by Type (Both AC and DC, AC and DC), Current (Below 1000A and Above 1000A), End User (Automotive, Energy, Telecommunication, Consumer Electronics and Appliances, Medical) and Region – Global Forecast to 2027″ published by MarketsandMarkets, the Power Device Analyzer market size will grow to USD 600 million by 2027 from...
Relay Market Size Worth $14.7 Billion by 2030 | Increasing power demand and investments in smart grid infrastructure
According to a research report “Relay Market by Type (Electromechanical, Thermal, Reed, Time, PhotoMOSFET, Solid State, MEMS), Application, Voltage Range (Low, Medium, High), Mounting Type (Panel, PCB, DIN Rail, Plug-In) and Region – Global Forecast to 2030″ published by MarketsandMarkets, the relay market size is estimated to be USD 9.0 billion by 2022 and is projected to reach...
Geothermal Energy Market Likely to Boost Future Growth by 2027
There are numerous market opportunities available in the geothermal energy market globally. A few important opportunity areas include:
Emergence of advanced technologies and rise of Geothermal 2.0
Enhanced geothermal systems (EGS) provide a tremendous opportunity for harvesting the vast, untapped heat stored in the shallow continental crust. Enhanced or engineered geothermal systems (EGS)...
Circuit Breaker Market Trends, Analysis, and Growth through 2025
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 are electrical devices that protect electrical systems and equipment from damage by interrupting the flow of current in the event of an overload, short circuit, or ground fault. The global circuit breaker market...
Biorefinery Market worth $210.3 Billion by 2027
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 of the biofuel market and the development of new biofuel production technologies. Concepts related to plant infrastructure of chemical plants...