Today, enterprises such as GEs Energy Consulting are relying heavily on technology advancements to be able to serve a diverse requirements or customers base with a robust domestic presence. Big Market Research weighs up on the different forces driving the present and future performance of the market. The market status of across different regions is also evaluated in these reports. Critical business factors such as market size and share, capability, product value, technology advancements, manufacturing technology, segmentation among others form an important part of the report.
No of Reports 170
According to this latest study, the 2021 growth of Molten Salt Energy Storage Systems will have significant change from previous year. By the most conservative estimates of global Molten Salt Energy Storage Systems market size (most likely outcome) will be a year-over-year revenue growth rate of % in 2021, from US$ million in 2020. Over the next five years the Molten Salt Energy Storage Systems ...
The global thermal power plant market was valued at $1,345.0 billion in 2020, and is projected to reach $1,820.7 billion by 2030, growing at a CAGR of 3.2% from 2021 to 2030. Thermal power plants convert the heat energy of primary fuels such as coal, to electric power. In most of the thermal power plants, combustion of primary fuels heats the water and transforms it to steam. The steam drives ste...
The global static VAR compensator market was valued at $758.2 million in 2020, and is projected to reach $1,135.4 million by 2030, growing at a CAGR of 4.1% from 2021 to 2030. Parallel combination of controlled reactor and shunt capacitor that is fixed forms the assembly for static VAR compensator. Adjustment of output helps to maintain and control parameters of electrical power system. Static VAR...
The global space-based solar power market accounted for $425.7 million in 2020, and is projected to reach $902.2 million by 2030, growing at a CAGR of 7.8% from 2021 to 2030. The extraction of solar power from space with the help of space-based solar power system components such as solar transmitting satellites, receiving stations, radio frequency (RF) power transmission system, and photovoltaic c...
The solid electrolyte market was valued at $17.8 million in 2020, and is projected to reach $56.6 million by 2030, at a CAGR of 12.1% from 2021 to 2030. Electrolytes are chemicals that, when dissolved in a polar solvent, disintegrate into ions capable of conducting electricity. They are mostly utilized in batteries and cells to act as a catalyst, encouraging the passage of ions between electrodes ...
The global solar PV module market was valued at $127.9 billion in 2020, and is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 to 2030. Photovoltaic (PV) materials are devices, which convert sunlight into electrical energy. These are also known as solar cells and are made of several semiconductor materials. Single photovoltaic device is known as a cell, which is maj...
The global renewable energy certificate market size was valued at $9.3 billion in 2020, and renewable energy certificate market forecast projected to reach $103.2 billion by 2030, with global renewable energy certificate market forecast expected at a CAGR of 27.2% from 2021 to 2030. Renewable energy certificate is a tool for marketing and tracking the green attribute energy resources. RECs can be ...
The global rechargeable batteries market was valued at $90.0 billion in 2020, and is projected to reach $150.0 billion by 2030, growing at a CAGR of 5.3% from 2021 to 2030. Rechargeable batteries (also known as secondary cells) are batteries that potentially consist of reversible cell reactions that allow them to recharge, or regain their cell potential, through the work done by passing currents ...
The global pump jack market was valued at $3.0 billion in 2020, and is projected to reach $5.1 billion by 2030, growing at a CAGR of 5.2% from 2021 to 2030. Pumpjacks are the subsurface mechanical drive which pumps up fluids from oil well in onshore and offshore applications. These are also known as nodding donkeys. Submersible pumps in the deep ground are driven by motors above the ground and hen...
The global portable battery market was valued at $10.8 billion in 2020, and is projected to reach $27.5 billion by 2030, registering a CAGR of 10.4% from 2021 to 2030. Portable battery is a type of electrical battery that can be hand-carried. Portable battery finds its applications the electronic, telecommunication, and automotive sectors. Increase in concerns regarding the environment has led to ...
The global Perovskite solar cell market size was valued at $0.4 billion in 2020, and is forecasted to reach $6.6 billion by 2030, growing at a CAGR of 32.4% from 2021 to 2030. Perovskite solar cell (PSC) includes the perovskite-structured material as an active layer based on the solution processed by tin or halide. Perovskite materials offer excellent light absorption, charge-carrier mobilities, ...
The global neoprene market was valued at $1.9 billion in 2020, and is projected to reach $2.4 billion by 2030, growing at a CAGR of 2.5% from 2021 to 2030. Neoprene, also known as polychloroprene, is a synthetic rubber that is produced from the polymerization of chloroprene monomers. It exhibits high physical toughness, resistance to hydrocarbon oil, enhanced chemical stability, superior resistan...
The global lithium sulfur battery market size was valued at $0.4 billion in 2020 and is projected to reach $5.6 billion by 2030, with a CAGR of 30.1% from 2021 to 2030. Lithium sulfur battery is a type of rechargeable battery with high specific energy. The low atomic weight of lithium and moderate atomic weight of sulfur means that lithium sulfur batteries are relatively light. Increasing applicat...
The global liquefied petroleum gas market was valued at $130.1 billion in 2020, and is projected to reach $243.4 billion by 2030, growing at a CAGR of 6.5% from 2021 to 2030. Liquefied petroleum gas is the by-product of propane and butane that is extracted through refineries of crude oil and natural gas. It is a green fuel, cost-effective, and eco-friendly alternative for the conventional fuels su...
The global instrument transformers market was valued at $7.0 billion in 2020, and is projected to reach $13.0 billion by 2030, growing at a CAGR of 6.5% from 2021 to 2030. Instrument transformers are electricity-based devices used to isolate or transform voltage and current levels. Major applicability of instrument transformers is to operate instruments along with safely & securely carrying out m...
The global industrial solar generator market was valued at $195.2 million in 2020, and is projected to reach $907.0 million by 2030, growing at a CAGR of 16.9% from 2021 to 2030. A solar generator is a device that, when used in conjunction with solar panels, provides crucial automatic backup power to industries at times when they are most needed, such as during power outages. They come with the o...
The global high-pressure pumps market was valued at $2.5 billion in 2020, and is projected to reach $3.4 billion by 2030, growing at a CAGR of 3.1% from 2021 to 2030. High-pressure pumps are designed to generate high-pressure to either compress or create flow for fluids. The selection of pumps depends on type and volatility of liquid to be pumped, and available space at installation site. Moreove...
The global energy harvesting system market was valued at $511.6 million in 2020, and is projected to reach $1,057.7 million by 2030, growing at a CAGR of 7.5% from 2021 to 2030. Energy harvesting (energy scavenging) is the translation of ambient energy, which is derived from external resources existing in the atmosphere into electrical energy. Growth of the global energy harvesting system marke...
The global electrostatic precipitator market was valued at $6.6 billion in 2020, and is projected to reach $10.0 billion by 2030, growing at a CAGR of 4.3% from 2021 to 2030. Electrostatic precipitator (ESP), also known as electrostatic air cleaner, is a device that is used to remove dust and smoke from stream of flowing gas. It uses electric charge to remove impurities coming out from smokestacks...
The global electric water heater market was valued at $23.2 billion in 2020, and is projected to reach $40.1 billion by 2030, growing at a CAGR of 5.6% from 2021 to 2030. Electric water heater is a device that is used to transform electrical power to water tank or reservoir of water to heat up water. There are various types of electric water heaters used on the basis of end user requirements such ...
The global electric scooter battery market was valued at $1.0 billion in 2020, and is projected to reach $7.3 billion by 2030, growing at a CAGR of 21.6% from 2021 to 2030. An electric scooter battery is a power storage unit used to provide voltage (power) to the DC motor, controller, lights, and other scooter accessories. It is made up of individual cells and electronics called a battery manageme...
The global distributed energy generation market size was valued at $246.4 billion in 2020, and is projected to reach $919.6 billion by 2030, growing at a CAGR of 14.2% from 2021 to 2030. Distributed energy generation refers to various technologies that generate electricity at or near the place of use, such as solar panels and cogeneration. Distributed energy generation can serve a single structur...
The cuttings re-injection services market was valued at $180.6 million in 2020, and is projected to reach $259.7 million by 2030, growing at a CAGR of 3.6% from 2021 to 2030. Cuttings re-injection is the only economical and environmentally sound process for dumping of drilled cuttings and drilling waste at the rig site. It is the waste disposal method where oilfield wastes and drill cuttings are b...
The global cable accessories market was valued at $49.5 billion in 2020, and is projected to reach $99.3 billion by 2030, growing at a CAGR of 7.2% from 2021 to 2030. Cable accessories are the components that are used to strengthen power cables and protect them from deterioration. Types of cable accessories used for power cables are cable glands, plugs & connectors, cable tools, cable conduit, cab...
The global building integrated photovoltaics market was valued at $14.0 billion in 2020, and is projected to reach $86.7 billion by 2030, growing at a CAGR of 20.1% from 2021 to 2030. Building-integrated photovoltaics can be referred to as an application of photovoltaics where PV elements become an important part of construction and are installed in the roof, walls of buildings, or façade. Build...
The global bioenergy market was valued at $102.5 billion in 2020, and is projected to reach $217.8 billion by 2030, growing at a CAGR of 7.6% from 2021 to 2030. Bioenergy is a type of renewable energy, which is produced from organic materials such as biomass, biofuels, biogas, and other plant & animal feedstocks. Bioenergy finds application in transportation, power generation, heating applications...
The global advanced metering infrastructure market size was valued at $ 17.1 billion in 2020, and is projected to reach $ 52.4 billion by 2030, growing at a CAGR of 12.0% from 2021 to 2030. Advanced metering infrastructure (AMI) is an integrated system of smart meters, communications networks, and data management systems that allows utilities and consumers to communicate in two directions. The sy...
The global circulating fluidized bed boiler market was valued at $450.4 million in 2020, and is projected to reach $1,042.0 million by 2030, growing at a CAGR of 8.8% from 2021 to 2030. In this report, the revenue (US$ Mn) and volume (Megawatt) represents total number of installed circulating fluidizing bed boilers and their installed capacities globally. Circulating fluidized bed (CFB) is a proce...
The global cogeneration equipment market was valued at $21.2 bn in 2020, and is projected to reach $51.9 bn by 2030, growing at a CAGR of 9.4% from 2020 to 2030. Cogeneration equipment are the equipment used in the cogeneration such as steam turbine, pump, gas turbine, air compressor, a gas chamber and many other. Cogeneration system use such equipment to produce electricity and heat with efficie...
The global multi fuel generator market was valued at $1,038.7 million in 2020, and is projected to reach $1,880.6 million by 2030, growing at a CAGR of 6.2% from 2021 to 2030. Generators are highly dependable source of backup and acts as primary energy all around the world in case of power failure. Grid-scale energy is generated in numerous nations using generators with very high-power ratings (o...