Energy and Power Industry News

  The global  cryogenic equipment market  size stood at USD 17.24 billion in 2021. The market is estimated to rise from USD 18.06 billion in 2021 to USD 32.86 billion by 2028 at 8.9% CAGR during the forecast period. Fortune Business Insights™ has delved into these insights in its latest research report, titled, “Cryogenic equipment Market, 2021-2028.” According to the analysis increasing investments in LNG power plants and rising focus on processing and manufacturing industries to foster market development. The rising demand for clean energy power is anticipated to boost the market in the near future. The transportation, storage, and regasification applications for generating clean energy hold substantial potential for the growth of the market. List of Key Companies Profiled in the Market Report:  Chart Industries, Inc. (U.S.) Cryofab, Inc. (U.S.) Linde (Germany) Nikkisso Cryoquip (U.S.) Nikkiso Co. Ltd (Japan) SHI Cryogenics Group (Japan) HEROSE GMBH (Germany) Wessi...

  According to latest report published by Fortune Business Insights, the global  Lithium-Ion Battery market  was valued USD 36.90 billion in 2020, and the market is forecast to grow worth USD 193.13 billion by 2028, at CAGR of 23.3% during forecast period. The increasing demand for EVs, driven by the need to reduce carbon emissions, is expected to drive the growth of the lithium-ion battery market during forecast period. Also the development of new and more advanced lithium-ion battery technologies, such as solid-state batteries, is expected to increase the efficiency and performance of lithium-ion batteries driving the growth of the market. According to our analysts, the incessant demand for power supply for numerous applications, augmented demand for electric vehicles, surging necessity of battery-operated equipment and machinery in automotive industries, and the usage of lithium-ion batteries in renewable energy applications are sustaining the lithium-ion battery marke...

  The global  solar photovoltaic (PV) market  size is projected to reach  USD 1,000.92 billion  by 2028 , exhibiting a CAGR of 25.9% during the forecast period. Rising demand for renewable energy resources and dependence upon electricity is likely to fuel market progress. Fortune Business Insights™ provides this information in its report titled "Solar Photovoltaic (PV) Market, 2021-2028."  Solar Photovoltaic is a technology that converts sunlight into electricity. It is considered the most reliable energy resource because of its effectiveness in extracting electricity. It eliminates pollution emissions and reduces dependence on fossil fuels by providing sustainable energy resources. Germany, Spain, U.S., and China account for the countries possessing major solar resources globally. The rising demand for effective fossil fuels is likely to fuel solar photovoltaic (PV) technology. Further, the dependence upon electricity is increasing rapidly globally. The de...

  A rise in the investments by public and private sectors on the field of renewable energy resources is one of the driving forces of the global wave and tidal energy market. According to a report by Fortune Business Insights, titled, “ Wave and Tidal Energy Market  Size, Share and Global Trend by Type (Wave Energy, Tidal Energy), by Technology (Tidal Stream Generator, Pendulor Device, Oscillating Water Columns, Barrage, Others), by End User (Residential, Commercial, Industrial), and Geography Forecast till 2026,” a rise in the awareness regarding environmental hazards due to the emission of carbon dioxide from burning fossil fuels is projected to boost the global wave and tidal energy market during the forecast period. Also, an increasing exhausting of fossil fuels across the globe is anticipated to drive the global wave and tidal energy market. The whole world is battling with the novel coronavirus, leaving numerous industries in distraught. The authorities of several countri...

  The global  Circuit Breaker Market  size is expected to reach  USD  24.59 billion  by 2028, exhibiting a CAGR of  6.9%  during the forecast period. The market value stood at  USD 13.99 billion  in 2020 and reached  USD 15.41 billion  by 2021. Increasing awareness regarding safety awareness and measures, rising construction activities, and dependence upon electricity are expected to foster market development.  Fortune Business Insights ™  provides this information in its report titled “ Circuit Breaker Market, 2021-2028. ” The circuit breaker is electrical switching devices that regulate electricity flow and send specified amounts of electricity to buildings. Increasing construction activities and rising dependence upon electricity are expected to boost the device’s demand. It helps avoid failures, malfunctions, and short circuits and boosts residents’ safety. Further, the rising awareness regarding safety may boost ...

  The global   Industrial Gases Market  was USD 88.05 billion in 2020. The global market size is expected to grow from USD 91.29 billion in 2021 and projected to reach USD 148.16 billion by 2028, exhibiting a CAGR of 7.2% during the forecast period from 2021-2028. This information is provided by Fortune Business Insights, in its report, titled, “Industrial Gases Market, 2021-2028.” According to our analysts, the global industrial gases market is set to gain traction from the high demand for crude oil and the urgent need to refine it for usage in various applications. At the same time, the expansion of the oil and gas industry would affect growth positively. Drivers and Restraints: Increasing Demand from Healthcare Sector to Add Impetus to Market An increase in the prices of crude oil and a rise in the need for refining have propelled the demand for industrial gases, especially from the oil and gas industry. Additionally, they are also used for various purposes, such as co...

  The global  HVAC  electronically commutated motor market  size is projected to reach  USD 13.13 billion  by 2028, exhibiting a CAGR of  7.5%  during the forecast period.  Fortune Business Insights ™  shares this information in its report, titled “ HVAC Electronically Commutated Motor (ECM) Market, 2021-2028 ”. The value of the market stood at  USD 7.10 billion  in 2020, as per the report’s findings. Rising Indoor Pollution Levels Worldwide to Boost the Market Household air pollution has become a major threat to public health, emerging as one of the most prominent causes of premature deaths worldwide. According to the World Health Organization (WHO), indoor air pollution kills approximately 4 million people every year. The leading cause for these deaths, as highlighted by the WHO, is the widespread use of fossil fuel-based stoves by roughly 3 billion people around the globe. In the US, according to the US Environmental Protect...

  Virtual Reality Content Market  Development Strategy Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, Type, Application, and Leading 20 Countries covers and analyzes the potential of the global Virtual Reality Content industry, providing statistical information about market dynamics, growth factors, major challenges, PEST analysis and market entry strategy Analysis, opportunities and forecasts. The biggest highlight of the report is to provide companies in the industry with a strategic analysis of the impact of COVID-19. At the same time, this report analyzed the market of leading 20 countries and introduce the market potential of these countries. “ Virtual Reality Content market size was valued at USD 29446.72 million in 2022 and is expected to expand at a CAGR of 6.62% during the forecast period, reaching USD 52427.82 million by 2031. ” Get a Sample Copy of the Report at  – https://www.globalgrowthinsights.com/enquiry/request-sample/100188  ...

 The global  solar power market size projected to grow USD 373.84 billion 2029 from its value USD 234.86 billion in 2022, exhibiting a CAGR of 6.9%. This solar power market growth is attributed to factors such as, technological advancements in solar technology, rising electricity costs, growing adoption in developing countries, increasing demand for renewable energy. This information is presented by Fortune Business Insights inn its recently published report “Global Solar Power Market, 2022-2029” Increasing concerns to reduce the dependency on fossil fuels and minimize carbon emissions from burning them are expected to propel the market course in a growing direction. The growing adoption of renewable sources for power generation is expected to facilitate market development. Get More Info: https://www.fortunebusinessinsights.com/industry-reports/solar-power-market-100764   Drivers and Restraints Increase the Limit of Average Surface Temperature to Drive Market Expansion C...

  Flower Pots and Planters Market Latest Overview: Flower Pots and Planters market was estimated at USD 622.23 million, and its anticipated to reach USD 980.38 million in 2031, with a CAGR of 5.18% during the forecast years. New research publication on  Flower Pots and Planters Market 2023   with 121 pages and enriched with user-friendly Tables and charts in Smart format. In the Study you will find new evolving Growth, Drivers, Restraints, Current Scope, Manufacturers, Opportunities generated by targeting market associated stakeholders. The growth of the Flower Pots and Planters market was mainly driven by the increasing R&D spending across the world. Major Key Players of the Market: Harshdeep Pennington Yixing Wankun Pacific Home and Garden GCP Stefanplast Hongshan Flowerpot BENITO URBAN Scheurich Southern Patio/Ames Wonderful The HC Companies Novelty Global Outdoors, Inc Yorkshire Grosfillex ELHO Shenzhen Fengyuan Lechuza Jieyuan Yongcheng Keter Lee’s Pottery/Trends...

Global  B2B Cleaning Machine Market  (2023-2031) latest research report, analyses several areas such as drivers, challenges, opportunities, and threats to provide an in-depth assessment of the market. It contains growth, trends, competitive landscape research, and significant region expansion status. The research includes numerical industry analysis and statistics for developing strategies to boost market growth and success. B2B Cleaning Machine Market organizes data into segments based on type, application, and region. Market investment scenario by market share and market growth (value and volume) are stated in the B2B Cleaning Machine Market research. This report is the result of extensive primary and secondary research into the B2B Cleaning Machine market. It offers an in-depth assessment of the market's current and future objectives, along with an industry competitive analysis broken down by application, type, and regional trends. Who are the leading players in the B2B Cle...

 The utility vegetation management market size size was valued at USD 22.87 billion in 2021 and USD 24.28 billion in 2022. The market is expected to reach USD 39.27 billion by 2029 with a CAGR of 7.1% during the forecast period. Utility vegetation management refers to the analysis of vegetation growth and safe removal. Increasing number of investments in distributed energy resources has boosted the mileage of power lines, which is propelling the demand for vegetation management in utilities. Fortune Business Insights™ shares this information in its report titled “Utility Vegetation Management Market, 2022-2029.” Industry Developments: November 2022: AiDash announced a strategic investment of USD 10 million from SE Ventures, backed by Schneider Electric. AiDash is a provider of satellite and AI-powered operations, maintenance, and sustainability solutions. The fund will be used to augment its satellite- and AI-powered vertical SaaS products. Drivers and Restraints: Increasing Numb...