Diesel generator market is anticipated to grow at a significant CAGR of 14.1% during the forecast period (2024-2031). The market growth is attributed to the increasing investments in producing efficient energy management across various applications with backup power in industries and businesses. The demand for an uninterrupted power supply and frequent power outages in developing […]
Category Archives: Business
Power rental market is anticipated to grow at a CAGR of 6.5% during the forecast period (2024-2031). The power Rental or power hiring market comprises renting power equipment over purchase due to initial cost-benefit and low to no maintenance cost. Most industries prefer to rent power equipment due to flexibility in power rating, lack of […]
Next-generation solar cell market is anticipated to grow at a significant CAGR of 12.2% during the forecast period (2024-2031).The market growth is attributed to the increasing advancement in solar cell technologies and increasing investment in high-efficiency perovskite solar cells. According to the International Energy Agency (IEA), in July 2023, Global solar PV cell investments in […]
Power grid market is anticipated to grow at a moderate CAGR of 5.5% during the forecast period (2024-2031). Power grids are used to deliver electricity from power plants to houses and businesses across the country. It is at the core of any nation to transport electricity throughout the nation, which is enabled by power grid […]
Synthetic natural gas (SNG) market is anticipated to grow at a significant CAGR of 13.8% during the forecast period (2024-2031). The market growth is attributed to the increasing Innovation in waste management and a rise in government efforts to spend heavily on the development of renewable energy sources to reduce carbon emissions and provide a […]
Battery leasing service Market is anticipated to grow at a significant CAGR of 21.6% during the forecast period (2024-2031). Battery leasing is an alternative to a traditional acquaintance of battery along with the vehicle, wherein, a consumer can lease the battery instead of purchasing it. The market has seen phenomenal growth in recent years contributed […]
Carbon credit trading platform market is anticipated to grow at a significant CAGR of 15.4% during the forecast period (2024-2031). Carbon credit trading platforms are used by various industries aiming to reduce greenhouse gas emissions, enabling the trading of emission units (carbon credits), which are certificates representing emission reductions. Trading enables entities to reduce emissions […]
Hydro turbine market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period (2024-2031). Hydro turbines are devices used in hydroelectric generation plants that transfer the energy from moving water to a rotating shaft to generate electricity. These turbines rotate or spin as a response to water being introduced to their […]
Hydraulic turbine market is anticipated to grow at a significant CAGR of 10.7% during the forecast period (2024-2031). The growth of the hydraulic turbine market is attributed to the global trend toward renewable energy sources, such as hydropower, that has fueled demand for hydraulic turbines. The hydraulic turbine sector is undergoing digital transformation. This involves […]
Submarine battery market is anticipated to grow at a moderate CAGR of 4.6% during the forecast period (2024-2031). A submarine battery is a high-capacity, specialized power source that propels the vessel underwater and provides auxiliary power. These batteries are designed for extended submerged use with strict safety and performance requirements. Get Free Sample link @ […]