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 […]
Category Archives: Energy & Power
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 […]
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 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 […]
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 […]
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 […]
The global portable power station market is anticipated to grow at a CAGR of 4.5% during the forecast period. The global electronic industry is growing rapidly as consumers are adopting smart gadgets such as personal computers, video game systems, smartphones, portable Bluetooth speakers, smart cars, and other gadgets in their daily routines. These applications require consumers to […]
The global solar-powered vaccine refrigerator market is anticipated to grow at a CAGR of nearly 6.5% during the forecast period (2021-2027). The solar-powered vaccine refrigerator plays an important role during the COVID-19 pandemic. As per the article published by Solarkiosk Solutions GmbH, in December 2020, around 75% of the population across the globe must be vaccinated. A […]
The global PV inverter market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period (2021-2027). Factor such as supportive government initiatives for PV inverters in the market is favoring the growth of the market over the forecast period. In emerging nations such as India, both the Central Government and State Nodal […]
The global power cords extension cords market is anticipated to grow at a CAGR of 1. 4 % during the forecast period (2022-2028). Power cords extension help to power the device even if they’re far away from an outlet. The global power cords extension cords market is growing due to the increasing use of power […]