Category Archives: Energy & Power

Renewable Renaissance: Biomass Power Generation on the Rise

Biomass is a renewable and sustainable form of energy used to create electricity and power. In the biomass power plant, wood waste and other wastes are burnt to produce steam, which runs a turbine to make electricity. The rising energy and power demand and increased demand for clean energy are increasing the demand for biomass […]

Wind Turbine Adhesive Market Share 2022: Trends, Key Players, Industry Analysis and Forecast 2022-2028

The global wind turbine adhesive market is anticipated to grow at a significant CAGR during the forecast period. The wind turbine business has changed drastically in recent years as a result of significant technological advancement and greater governmental and private sector investment. As a result, these factors are pushing down the cost of wind energy, […]

Thermoplastic Pipe Market Is Likely to Experience a Tremendous Growth by 2028

The global thermoplastic pipe market is anticipated to grow at a CAGR of around 4.5% during the forecast period. The major factor that is accelerating the growth of the global thermoplastic pipe market includes the presence of prominent market players serving end-user industries with their innovative product developments. For these, the players are also incorporating market strategies […]

Power Plant Control System Market Trends, Future Outlook, COVID-19 Impact Analysis, Forecast 2022-2028

The global power plant control system market is anticipated to grow at a CAGR of 5.4% during the forecast period. The power plants are rapidly adopting the power plant control systems to ease their operations. For instance, in August 2021, Arevon Energy, Inc. announced to use Nextracker’s NX Horizon smart solar trackers with TrueCapture and […]

Power Quality Equipment Market Value Projected to Expand by 2028

The global power quality equipment market is anticipated to grow at a CAGR of 7.1% during the forecast period. Major companies operating in the power quality equipment sector are focused on developing new technological solutions such as high-speed transient monitoring, and others to meet end-customer demands and strengthen their market position. For instance, in January 2020, Schneider […]

Cooling Tower Market to Signify Strong Growth by 2022-2028

The global cooling tower market is anticipated to grow at a considerable CAGR of 3.2% during the forecast period. One of the major uses of cooling towers is in the nuclear and thermal power plants. A cooling water system is also bee utilized in the cell of the thermoelectric power plant that utilizes a steam turbine to […]

ORC Industrial Waste Heat to Power Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2022 to 2028)

The global ORC industrial waste heat to power market is anticipated to grow at a CAGR of 5.1% during the forecast period. One of the key factors that are boosting the market is the growing demand for clean energy. These energies are zero-emission energy which offers several benefits such as no wastage of energy, no pollution, and […]

Direct Drive Wind Turbine Market Sluggish Growth Rate Foreseen by 2022-2028

Direct drive wind turbine market is anticipated to grow at a CAGR of 15.1% during the forecast period. The high demand for energy across the globe is a significant factor that is anticipated to propel the direct drive of wind turbine market growth in the forthcoming years. Rapid industrialization, favourable regulations on energy efficiency, and […]

Biopellet Energy Market Sluggish Growth Rate Foreseen by 2022-2028

The global biopellet energy market is anticipated to grow at a significant CAGR during the forecast period. Biopellet or pellet fuels are biofuels made from biomass. Pellets are generally made from various biomass substances such as agricultural residues, energy crops, food waste and virgin lumber. Wood pallete considered as one of the best biopelletes and […]

Foundry Tools Market Value Projected to Expand by 2028

The global foundry tools market is anticipated to grow at a CAGR of 2.5% during the forecast period (2022-2028). Apex Tool Group, BOMAG GmbH, Freeman Manufacturing & Supply Co., GIBA, Hitachi Construction Machinery Co., Ltd., Holmatro B.V., and so on are the key players operating in the global foundry tools market. With the growing demand for foundry […]