Research Support Specialist, USA
The global portable lithium power station market was prized by USD 108.2 million in 2020. It is estimated to witness 13.2% CAGR from 2021 to 2028. The rising infiltration of smart electronic apparatuses can be credited to the enlargement of the market for portable lithium power station. These power stations offer a reliable power supply which is having USB ports for output and AC input.Read More »
With reference to the report published, the global shale gas market was prized by USD 68.3 billion in 2019. It is estimated to witness 8.5% CAGR from 2020 to 2027.A move towards alternative natural gas assets like coal bed methane, shale gas, and tight gas, is caused by the reducing reserves of usual gas, as well as globally growing demand for the energy.Read More »
The global gas turbine market size was generated a revenue of USD 19.6 billion in 2019. It is also estimated to register a 5.4% CAGR from 2020 to 2027. The rising power demand across various industrial sectors and favorable initiatives undertaken by statutory governing bodies for reducing greenhouse emissions are projected to drive the demand for gas turbines.Read More »
The global air electrode battery market size was accounted for USD 1.01 billion in 2019. The market is anticipated to grow at 9.0% CAGR over the forecast duration, 2020 to 2027. Increasing investment in research and development to manufacture advanced batteries and growing end-use applications of air electrode batteries are attributing to the growth of the market.Read More »
The global oil storage market size was worth USD 1682 million cubic meters in 2019. The market is estimated to witness 5.3% CAGR over the forecast years, 2020 to 2027. The rise in the production of oil & gas owing to their increasing demand from various end-use industries is attributing to the market growth. Owing to the rising use of crude oil, the demand for storage has surged in the past few years. Read More »
The global fuel cell market size was USD 10.48 billion in 2019. The market is estimated to expand at 15.5% CAGR from 2020 to 2027. Rising demand for unconventional energy source is fueling the product demand. Further, increasing partnerships between private and public authorities are anticipated to supplement product demand. Governments worldwide are providing financial support to develop fuel cell technology. Moreover, favorable government regulations are projected to play a key role in the development of fuel-cell technology.Read More »
The U.S. lead acid battery market size was accounted for USD 9.98 billion in 2018. Further, it is projected to witness 5.3% CAGR from 2019 to 2025. Growing demand from the automotive industry, energy storage system and the uninterrupted power supply system are driving the demand for lead-acid batteries.Read More »
The global lead acid battery market size was worth USD 58.95 billion in 2019. Increasing demand for lead-acid batteries in USP and automobile is attributing to the growth of the market. Additionally, rising demand for these batteries in off-grid power generation is also bolstering their demand. Increasing demand for energy storage coupled with development in the transportation industry is likely to spur the market growth over the forecast duration. Further, growing demand from commercial vehicles, passenger cars and motorcycle manufacturing industries is anticipated to bode well for the growth of the industry.Read More »
The U.S. advanced battery energy storage system market size was worth USD 172.5 million in the year 2015. It is anticipated to observe substantial growth from during the projected period due to the alarming need for lowering dependency on fossil fuels and increasing the use of clean particulates in the energy mix.Read More »
The global demand for energy storage systems market was accounted for 176,897.6 MW in the year 2017 and is anticipated propel at the CAGR of 2.3% from 2018 to 2026. Growing awareness regarding energy-efficient solutions in the commercial and residential sector is primarily supporting the market growth.Read More »
The global electrolytic manganese dioxide market size was worth USD 1.25 billion in 2018. The market is projected to ascend at a CAGR of 7.0% during the forecast period. The rise in demand for batteries from different end-user industries such as automotive and electrical is estimated to supplement market growth.Read More »
The global battery recycling market size was valued at USD 8.74 billion in 2016 and is anticipated to reach USD 21.04 billion by 2025, with a CAGR of 10.4%.Read More »
The global Thermal Energy Storage Market was appreciated at US$ 3.20 billion in 2016 and will touch the value of US$ 12.50 billion by the completion of the year 2025. The storage of thermal energy is a machinery comprising the storing of energy by way of cooling or heating medium with the aim of the stored energy to be utilized at a later step for the purpose of generation of power. It also simplifies the balancing amidst the demand and supply of energy.Read More »
The global Lead Acid Battery Market size is expected to value at USD 84.46 billion by 2025. The market is subject to witness a substantial growth due to the increasing adoption in the automotive industry, shifting trend towards electrically operated vehicles. The rise in use of electric vehicles is attributed to the progress of research & development activities and various schemes embarked to enhance the current electric vehicle models for better performance and efficiency.Read More »
The global Battery Management System Market size is expected to value at USD 11.17 billion by 2025. The battery management system industry is subject to witness a substantial growth due to the growing industrialization, mainly in manufacturing industry, and rise in need for high performance electronic devices.Read More »
Global Hydrogen Storage Market is anticipated to reach USD 6.47 billion by 2025. Hydrogen storage is a key technology for the development of fuel and hydrogen cell technologies in applications comprising portable power, transportation, and stationary power. The factors that propel the growth of the hydrogen storage market include surge in the consumption of oil across the globe, increase in the demand for transportation fuels, decline of global crude oil quality, and strict environmental standards for the production of cleaner fuels.Read More »
The global market size of carbon capture and storage (CCS) industry was 61,150 kilo tons in 2015. Rising pressure on nations to cut down carbon dioxide emission coupled with demand for clean energy is expected to drive the global carbon capture and storage market. Uprising in global demand to bring down carbon emissions owing to climate change threats, are augmenting the growth of the global CCS market.Read More »
The global Flywheel Energy Storage Market is anticipated to reach USD 477.8 million during the forecast period. Energy storage systems (ESS) enables a means of enhancing the competency level of electrical systems in cases of imbalance between demand and supply. Fundamentally, they are the vital elements to enhance the permanence and quality in electrical networks. Flywheels have a high life, durability and augmented efficiency and readily stores loads of energies when aligned with storage banks. Read More »
The global Flywheel Energy Storage Market is anticipated to reach USD 477.8 million during the forecast period. Energy storage systems (ESS) enables a means of enhancing the competency level of electrical systems in cases of imbalance between demand and supply. Fundamentally, they are the vital elements to enhance the permanence and quality in electrical networks. Flywheels have a high life, durability and augmented efficiency and readily stores loads of energies when aligned with storage banks. Read More »
Global Pressure Vessel Market is anticipated to reach USD 225.84 billion by 2024. Pressure vessels, as the name suggests, store high-pressure gases and liquids. The factors that propel the growth of the market include rising demand for power generation capacity and growing upstream & downstream activities in oil & gas manufacturing. Read More »