Concentrating Solar Power Market to Reach $7.6 billion by 2025; Integration of CSP in Hybrid Power Plants to Augment Growth

Concentrating Solar Power Market
According to the new market research report “Concentrating Solar Power Market by Technology (Power Towers, Concentrating Systems, Stirling Dish), Operation (Stand-alone, Storage), Capacity (Less than 50MW, 50-99MW, 100MW&Above), End-User (Utilities, EOR & Others) and Region – Global Forecast to 2025″, size is expected to grow from an estimated USD 3.5 billion in 2020...

At CAGR of 27.1%, Renewable Drones Market to Hit $148 Million by 2025

Renewable Drones Market
The global Renewable Drones Market is projected to reach a size of USD 148 million by 2025, at a CAGR of 27.1%, from an estimated USD 45 million in 2020. The rising adoption of drones for reducing inspection, increasing focus on asset optimization are the driving factors for the renewable drones market, globally. Technological developments software for drone data analytics, and rapid development of...

Thermal Energy Storage Market Likely to Boost Future Growth by 2025

Thermal Energy Storage Market
The global Thermal Energy Storage Market size is projected to reach USD 369 million by 2025, at a CAGR of 14.4%, from an estimated USD 188 million in 2020. The growth of the thermal energy storage market is majorly driven by increasing demand for energy storage technologies, rising number of CSP projects, and increasing HVAC applications. Thermal energy storage in concentrating solar power (CSP)...

Environmental Technology Market Projected to Hit $690.3 Billion by 2026

Environmental Technology Market
According to the new market research report “Environmental Technology Market by Component (Solutions, Services), Technological Solutions (Waste Valorization, Greentech, Nuclear Energy, Bioremediation), Application, Vertical (Municipal, Industrial), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the  Environmental Technology Market is estimated at USD...

Thermal Energy Storage Market Size to Reach $369 Million by 2025

Thermal Energy Storage Market
According to the new market research report “Thermal Energy Storage Market by Technology (Sensible, Latent, Thermochemical), Storage Material (Water, Molten Salts, PCM), Application (Power Generation, District Heating & Cooling, Process Heating & Cooling), End User and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the global Thermal Energy Storage...

Renewable Drones Market to Grow $148 Million by 2025

Renewable Drones Market
The global Renewable Drones Market size will grow to USD 148 million by 2025 (forecast year) from USD 45 million in 2020 (estimated year), at a CAGR of 27.1% during 2020-2025. The rising adoption of drones for reducing inspection, increasing focus on asset optimization are the driving factors for the Renewable Drones Market, globally. Increasing adoption of drones for reducing cost of inspection operation...

Microgrid Market: Market Shares, Trends, Top Key Players, Industry Overview and Global Forecast to 2023

The microgrid market is expected to grow from USD 22.22 billion in 2018 to USD 39.10 billion by 2023, at a CAGR of 11.97% between 2018 and 2023. Increasing demand for reliable and secure power supply worldwide; widespread industrialization and population growth fueling demand for energy storage systems; government initiatives to reduce carbon footprint; the convergence of IoT in enhancing microgrid...