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
The global solar pump market was valued at $1.21billion in 2019, and is projected to reach $2.05 billion by 2027, registering a CAGR of 6.8% from 2020 to 2027. Solar-powered pump run on power generated by photovoltaic panels or the radiated thermal energy from collected sunlight in place of grid strength or diesel run water pump. The operation of solar pump is low budget and has much less environm...
The global waste-to-energy market was valued at $35.1 billion in 2019, and is projected to reach $50.1 billion by 2027, growing at a CAGR of 4.6% from 2020 to 2027. Waste-to-energy is the process of energy generation by the primary treatment of municipal solid waste. This process produces electricity or heat directly by combustion. In addition, it produces combustible fuel commodities such as meth...
The global low voltage circuit breaker market was valued at $3.4 billion in 2019, and is projected to reach $4.4 billion by 2027, growing at a CAGR of 4.9% from 2020 to 2027. A circuit breaker is a programmed automatic electric switch, which is utilized to protect an electrical circuit from damage by excess current. The basic function of circuit breaker is to stop the flow of current after a fault...
The global dry type transformer market was valued at $5.4 billion in 2019, and is projected to reach $7.3 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027. Dry type transformer is a type of transformer that is designed on a comparatively modern technology that uses natural or forced air cooling instead of oil. Unlike liquid fill transformers that require oil or liquid to cool, dry type...
The global gel battery market was valued at $1.8 billion in 2019, and is projected to reach $2.6 billion by 2027, growing at a CAGR of 4.2% from 2020 to 2027. A gel battery is one of the types of valve regulated lead acid (VRLA) battery. It is maintenance free, as well as versatile. Gel battery produces less fumes and can be used in applications without much ventilation. The electrolyte in the g...
The global virtual power plant market was valued at $1.3 billion in 2019, and is projected to reach $5.9 billion by 2027, growing at a CAGR of 21.3% from 2020 to 2027. Virtual power plant, an aggregated decentralized power plant, consisting of decentralized power systems with the purpose to integrate different distributed energy sources such as solar PV cells, wind turbines, and hydroelectric pla...
The mining drilling services market was valued at $2.5 billion in 2019, and is projected to reach $4.4 billion by 2030, growing at a CAGR of 6.7% from 2020 to 2030. Drilling services can be defined as drilling activities carried out on contract basis for various mining customer base, operating across a broad range of commodities. The wide ranges of commodities are coal; metals such as copper, nick...
The global planned LNG market was valued at $102.2 billion in 2019, and is projected to reach $58.9 billion by 2030, growing at a CAGR of 9.9% from 2020 to 2030. Planned LNG can be defined as expansion of regasification and liquefaction terminal capacities. Some of the factors such as cost advantage of LNG over other energy sources for end-use industries, environmental benefits, monetary system ...
The global heat pump market was valued at $52.3 billion in 2018 and is projected to reach $94.6 billion by 2026, growing at a CAGR of 7.74% from 2019 to 2026. A heat pump is a device that transfers heat energy from one source to another. It is used in both industrial and residential areas. It offers an energy-efficient alternative to furnaces and air conditioners. The heat pumps are used to trans...
Global lithium-ion battery market was valued $36.7 billion in 2019, and is projected to reach $129.3 billion by 2027, at a CAGR of 18.0% from 2020 to 2027. Lithium-ion (Lithium-ion) batteries are rechargeable batteries with high energy density and are majorly used in portable equipment. The market for these batteries is expected to witness a significant growth during the forecast period, owing to ...
The global power transformer market size was valued at $27.7 billion in 2019, and is expected to reach $50.8 billion by 2027, registering a CAGR of 7.9% from 2020 to 2027. Power transformer is a type of transformer used primarily to receive low voltage generator electric power and transmit it across distribution channels across the power grid network. It forms a crucial part of the power grid and...
The global high voltage cable market was valued at $14.6 billion in 2019, and is projected to reach $23.4 billion by 2027, registering a CAGR of 6.0% from 2020 to 2027. High voltage cable (HVC) is used for electric power transmission at high voltage over long distances, to meet the electricity demand at the respective loads. The high voltage cable market is largely driven by ongoing industrializat...
The global Macrofiltration market was valued $6.2 billion in 2019, and is projected to reach $9.9 billion by 2027, at a CAGR of 6.2% from 2020 to 2027. Macrofiltration is the process of filtration of insoluble solid particles larger than 1.0 micron from water. These microns are passed through porous medium. There are different types of filters used for macrofiltration. These include bag filter, be...
The global redox flow battery market was valued at $130.4 million in 2018, and is projected to reach $403.0 million by 2026, growing at a CAGR of 15.2% from 2019 to 2026. A redox flow battery is an electrochemical energy storage equipment, which converts chemical energy into electrochemical energy using an electrochemical cell through reversible oxidation and reduction of working fluid. It is mor...
The global battery recycling market was valued at $8.0 billion in 2018, and is projected to reach $18.3billion by 2026, growing at a CAGR of 10.9% from 2019 to 2026. Batteries consist of number of heavy metals and toxic chemicals such as lead and sulfuric acid. Disposing them by the same process as regular waste can negatively impacts the environment. Hence, battery recycling process is adopted ...
The global circuit breakers market was valued at $9.8 billion in 2018, and is projected to reach $14.8 billion by 2026, growing at a CAGR of 5.30% from 2019 to 2026. Circuit breakers are programmed automatic electric switches which are utilized to protect an electrical circuit from harm or damage by excess current from an overload or short circuit. The basic function of circuit breakers is to sto...
The global aviation fuelmarket sizewas valued at $179.2billion in 2018 and is anticipated to generate $238.5 billion by 2026 growing at a CAGR of 3.5% from 2019 to 2026.Aviation fuel is a type of petroleum-based fuel used to energize an aircraft. It has better quality than other fuels used in any other medium of transport. The additives used in aviation fuel reduce the risk of icing or explosion d...
The global utility poles market was valued at $45.6 billion in 2018, and is projected to reach $58.8 billion by 2026, growing at a CAGR of 3.2% from 2019 to 2026. A utility pole is a rod, column, or shaft-like structure used to bear all the weight of overhead power lines and different public utilities, such as fiber optic cable, electrical cable, and related equipment such as street lights and tr...
The global geothermal power market was valued at $4.6 billion in 2018 and is projected to reach $6.8 billion by 2026, growing at a CAGR of 5.0% from 2019 to 2026. Geothermal energy is defined as the energy derived from the natural heat of the earth, owing to decay of the natural radioactive isotopes of uranium, thorium, and potassium. Power generated by geothermal energy is referred to as geotherm...
The global forklift battery market was valued at $4.3 billion in 2018, and is projected to reach $7.4 billion by 2026, growing at a CAGR of 7.04% from 2019 to 2026. Battery used in the forklift truck is ideally known as a forklift battery. It is known for two main functions—providing battery source to a forklift truck and providing mass to forklift as a counterweight that further aids in its l...
The global lead–acid battery market was valued at $39. 7 billion in 2018, and is projected to reach $59.7 billion by 2026, growing at a CAGR of 5.24% from 2019 to 2026. Lead–acid batteries are the most popular and large-capacity rechargeable batteries. They are very inexpensive on a cost-per-watt-base, which makes them cost-effective energy sources for automobiles, electrical vehicles, forkl...
The global solar tracker installation was valued at $162.7 billion in 2018, and is projected to reach $379.2 billion by 2025, growing at a CAGR of 11.1% from 2019 to 2026. Solar tracking is the process of generating power from sunlight. A solar tracker is the device that directs solar panels, mirrors of heliostat, and Fresnel reflectors toward the sun. These solar trackers are used to capture the ...
The global flow meter market was valued at $7.3 billion in 2018, and is projected to reach $11.9 billion by 2026, growing at a CAGR of 6.3% from 2019 to 2026. A flow meter is a device or equipment used to measure the volume or mass of the gas or liquid. It is also known as a flow indicator, flow rate sensor, liquid meter, and flow gauge; that is dependent on its use in any particular industry. Fl...
The global UV disinfection equipment market was valued at $1.1 billion in 2018 and is projected to reach $3.4 billion by 2026, growing at a CAGR of 15% from 2019 to 2026. Ultraviolet disinfection means killing or rendering harmful microorganisms in a dedicated environment. These microorganisms can range from bacteria and viruses to algae and protozoa. UV disinfection is used in air and water purif...
The global dosing pumps market was valued at $5.90 billion in 2018, and is projected to reach $8.99 billion by 2026, growing at a CAGR of 5.4% from 2019 to 2026. A dosing pumps is employed for the purpose of allowing uniform flow of chemical or volume of products into the flow of water, steam, and gas in processing plants. It is also known as dosing pump or metering pump, and is a type of positiv...
Photovoltaic (PV) glass integrates solar cells to convert solar energy into electricity. The solar cells are fixed between two glass panes with a filling of special resin. These resins securely wrap solar cells from all sides. Each cell is connected with two electrical connections and is attached to other cells to form a module. Supportive government regulations toward installation of solar PV p...
Global busbar market accounted for revenue of $14.0 billion in 2018 and is anticipated to generate $23.6 billion by 2026. The global busbar market is projected to experience growth at a CAGR of 6.1% from 2019 to 2026. Busbar consists of a strip or bar of conductor made of aluminum, copper, or brass. It is covered by insulators that connect electrical loads and distribute power in an integrated ele...
Solar Energy Market Outlook - 2026 The global solar energy market was valued at $52.5 billion in 2018 and is projected to reach $223.3 billion by 2026, growing at a CAGR of 20.5% from 2019 to 2026. Solar energy is the radiant energy emitted from the sun, which is harnessed by using various technologies such as solar heating, photovoltaic cells, and others. It is an efficient form of unconventiona...
The global shale gas processing equipment market was valued at $4.5 billion in 2018, and is projected to reach $13.5 billion by 2026, growing at a CAGR of 14.8% from 2019 to 2026. Shale gas is a natural gas, trapped within shale formation deep inside the earth. It is drilled and extracted by breaking the shale formation, refined, processed, and transported for commercial purposes. Apart from pro...
The global photovoltaic market was valued at $53,916.0 million in 2018, and is projected to reach $333,725.1 million by 2026, growing at a CAGR of 25.1% from 2019 to 2026. Photovoltaic energy is the energy produced by the sun’s radiation, which is transformed into electricity in photovoltaic cells. The electricity is then fed into the electricity network for can then be used in electrical equip...