Safeguarding the Future: Trends and Innovations in the Wind Turbine Protection Market
Wind turbine protection are primarily used to protect the turbines from factors like lightning strikes, high winds, and extreme temperatures. Wind turbine protection keeps turbines functional, protects investments, safeguards workers and wildlife, and contributes to a stable and reliable power grid.
According to a latest research, The wind turbine protection market is forecast to reach USD 2.8...
The Rise of Long Duration Energy Storage: Market Growth and Innovations
The long duration energy storage market is forecasted to reach USD 10.43 billion by 2030 from an estimated USD 4.84 billion in 2024, at a CAGR of 13.6% during the forecast period (2024-2030).
With urbanization, industrialization, and transportation electrification, growing demand for global energy causes a need for stable continuous power supply. LDES is an economical way of storing excesses of...
The Industrial Boiler Market in 2025: Trends, Growth, and Key Industrial Boiler Companies to Watch
The industrial boiler market plays a crucial role in various industries, including power generation, food processing, and chemical manufacturing. These boilers are essential for steam and heat production, which drive industrial operations and ensure efficient energy utilization. As of 2022, the global industrial boiler market was valued at USD 15.3 billion and is projected to reach USD 19.8 billion...
Lithium Iron Phosphate (LFP) Batteries: Powering the Future of Energy
The world is undergoing a significant shift in how it generates and consumes energy. With increasing concerns about climate change and the need for sustainable solutions, lithium iron phosphate (LFP) batteries are emerging as a key technology in various industries. A recent report by MarketsandMarkets projects the global LFP battery market to grow from USD 17.7 billion in 2023 to USD 35.5 billion...
Residential Energy Storage Market Showing Impressive Growth during Forecast Period 2024 – 2030
The residential energy storage market is expected to grow from an estimated in USD 2.67 billion in 2024 to USD 4.30 billion by 2030, at a CAGR of 8.2% during the forecast period. With growing popularity of solar photovoltaic (PV) systems for residential consumption, the necessity to solve the energy storage problem has emerged. After all, the generation of solar energy is time dependent and varies...
Long Duration Energy Storage Market Share to Reach $10.43 billion by 2030
The Long Duration Energy Storage Market is forecasted to reach USD 10.43 billion by 2030 from an estimated USD 4.84 billion in 2024, at a CAGR of 13.6% during the forecast period (2024-2030).
The major factors driving the market growth of the long duration energy storage market include various driving factors such as it involves growing requirements of grid stability and resilience as it increases...
DERMS Market Anticipated to Reach $1.44 billion by 2029, Witnessing a CAGR of 18.8% During 2024 to 2029
The Distributed energy resource management systems (DERMS) market is expected to grow from an estimated in USD 0.61 billion in 2024 to USD 1.44 billion by 2029, at a CAGR of 18.8% during the forecast period. The market for DERMS is thus growing rapidly. Some of the key factors driving the market are increased adoption of renewable energy sources such as solar and wind power, which are considered significant...
E-fuels Market Share Expected to Reach $49.4 Billion by 2030
The global E-fuels Market is projected to grow from USD 6.2 billion in 2023 to USD 49.4 billion by 2030, at a CAGR of 34.5% during the 2023-2030. The potential for e-fuels to address carbon emissions and energy storage concerns is driving up demand for them. E-fuels, which are synthetic fuels made from renewable energy, provide a way to decarbonize sectors that rely significantly on liquid fuels,...
Exclusive Growth Opportunity Driving the Future of Carbon Offset/Carbon Credit Industry
The global Carbon Offset/Carbon Credit Industry is expected to grow from USD 414.8 billion in 2023 to USD 1,602.7 billion by 2028, at a CAGR of 31.0% from 2023 to 2028. The voluntary carbon market continues to play a critical role in that transition by helping to channel funding into projects that reduce carbon emissions or remove carbon from the atmosphere. Since, the need to curb global warming...