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Showing posts from March, 2024

Solar PV Mounting Systems Market to Witness Growth Acceleration During 2024 - 2030

Solar PV Mounting Systems Industry Overview: The Solar PV Mounting Systems Market Research Report Information by End-User, Technology, Product, Component, and Region - Forecast, according to the study materials from MRFR The market for solar PV mounting systems is expected to grow significantly between 2022 and 2032, at a strong compound annual growth rate of over 7.60%. According to study documents, the global market is expected to reach a market value of USD 24,026.70 million by the end of 2032, based on increasing revenue statistics. As per the reports, the market was priced at almost USD 12,368.90 Million in 2022. The Solar PV Mounting Systems market has recently advanced. The main feature causing a rise in market performance is the growing adoption and advancement of renewable energy sources, with solar panels being among the most adopted forms of renewable energy. Furthermore, the requirement for increasing solar power generation capacity leads to a growth in the number of ...

Water Desalination Market Projected to be Resilient During 2024 - 2030

Water Desalination Market Insights The water desalination market refers to the global industry involved in the process of removing salt and other impurities from seawater or brackish water to produce freshwater suitable for various applications. Desalination technologies, such as reverse osmosis and distillation, are used to extract clean water from saline sources. The COVID-19 pandemic had a limited direct impact on the water desalination market. According to MRFR analysis, the global Water Desalination Market is expected to register a CAGR of ~8.93% from 2023 to 2030 and hold a value of over USD 33.38 billion by 2030. While the demand for freshwater remained constant, there were disruptions in the supply chain and delays in project implementations due to travel restrictions and lockdown measures. However, the pandemic highlighted the importance of water security and resilience, leading to increased awareness and investments in desalination projects. The post-pandemic era is ...

OCTG Market to Witness Increase in Revenues by 2032

Market Research Future Insights: The OCTG market is expected to register a CAGR of 5.95% during the forecast period (2023 - 2032). The market size was valued at USD 17.6 billion in 2022 and is projected to grow to USD 29.61 billion by 2032. OCTG are seamless rolled products that include casing, drill pipe, and tubing that are exposed to different loading requirements depending on the use. OCTG is used in oil and gas exploration and production activities to transport oil and gas from the reservoir to the surface, to support the wellbore, and to protect the well from collapse. The demand for oil and gas services is stimulated by increased oil and gas investment in the prospective region, including the Middle East and Africa. The main obstacles to market expansion, however, are the rising emphasis on the generation of renewable energy sources and the fluctuating price of crude oil. The global market for oil country tubular products is anticipated to grow quickly over the foreca...

Genset Market Projected to Discern Stable Expansion During 2024 - 2030

Genset Market Overview: The global genset market is expected to grow from USD 24,567.9 Million in 2024 to USD 34,357.3 Million by 2030, exhibiting a compound annual growth rate (CAGR) of 5.5% during the forecast period. The growth of the genset market is primarily attributed to the increasing demand for uninterrupted and reliable power supply in various industries, including commercial, industrial, and residential. Additionally, the rising frequency of power outages and the growing need for backup power solutions in developing countries are driving the market growth. Additionally, there is a growing demand for power backup devices, which are supplied by generator sets, due to the rise in power outages and failures in emerging and poor nations worldwide. According to a study by Market Research Future Diesel generators are readily available, and their low cost has increased demand, which has benefited the worldwide generator market. In addition to adding control and a digital mo...

Innovations in Battery Recycling Methods and Technologies

Battery Recycling Market Overview According to a Comprehensive Research Study by Market Research Future (MRFR), Battery Recycling Market Information by Chemistry, Application, and By Region - Forecast till 2032 . The battery recycling industry size could touch USD 54.20 Billion by 2032, at a decent rate of 11.70% between 2023 and 2032. For many years, waste management regulations and environmental consciousness have driven the task of battery recycling. As people's awareness of environmental issues grows, sustainable resource management is receiving more and more attention. The public's growing concern also extends to the hazardous qualities of metals and other substances, a concern that undoubtedly includes all types of batteries. All batteries are classified as hazardous waste by European (and possibly global) regulations, meaning they must be treated before being disposed of. Battery Recycling Market Competitive Landscape: ·        Call2Rec...

Sustainable Development through Offshore Wind Energy Environmental and Economic Benefits

Offshore Wind Market Overview According to a Comprehensive Research Study by Market Research Future (MRFR), Offshore Wind Market Information by Components, by Location, and By Region - Forecast till 2030. The offshore wind industry size will rise from the valuation of USD 30.9 Billion in 2022 to touch USD 117.6 billion by 2030, with a CAGR of 21.0% from 2022 to 2030. Long-term drivers of the market's growth include advantageous government policies, rising investment in soon-to-be offshore wind power projects, and falling wind energy costs, which have encouraged the use of wind energy. Given that both South America and Africa are experiencing rapid economic growth and a rise in the demand for electricity, the wind power industry has a lot of potential in these developing regions. These countries include Brazil, South Africa, and Chile. Market Competitive Landscape: ·        General Electric (US) ·        Siemens ...