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Showing posts from November, 2023

Chokes Market Expected to Witness Sustainable Growth Over 2031

 The market for chokes is anticipated to expand over the upcoming years due to a rise in demand for renewable energy such as solar and wind for power generation. In addition, the surge in portable consumer electronics production across the globe and their rapid utilization through IoT has had a significant impact on the telecommunication industry. Hence, the growth of the consumer electronics and telecommunication industry is projected to boost the demand for the chokes market in the forecast period. The  chokes market  size was valued at $1.5 billion in 2021, and the chokes industry is estimated to reach $2.6 billion by 2031, growing at a CAGR of 5.8% from 2022 to 2031. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch.com/request-sample/54185 Chokes are passive electronic components that are used to regulate the flow of current in electrical circuits. They are also known as inductors or reactors. A choke is...

Chokes Market Expected to Witness Sustainable Growth Over 2031

 The market for chokes is anticipated to expand over the upcoming years due to a rise in demand for renewable energy such as solar and wind for power generation. In addition, the surge in portable consumer electronics production across the globe and their rapid utilization through IoT has had a significant impact on the telecommunication industry. Hence, the growth of the consumer electronics and telecommunication industry is projected to boost the demand for the chokes market in the forecast period. The  chokes market  size was valued at $1.5 billion in 2021, and the chokes industry is estimated to reach $2.6 billion by 2031, growing at a CAGR of 5.8% from 2022 to 2031. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch.com/request-sample/54185 Chokes are passive electronic components that are used to regulate the flow of current in electrical circuits. They are also known as inductors or reactors. A choke is...

Energy Storage Systems Market Present Scenario and Growth Prospects 2021 – 2030

 The energy storage systems market is anticipated to witness considerable growth during the forecast period. This is attributed to factors such as rise in demand for energy storage systems, owing to surge in need for continuous power supply. In addition, rapid investment in the renewable energy sector in Europe and Asia-Pacific fuels the growth of the energy storage systems market. However, high cost associated with installation of battery energy storage system is restraining the growth of the market globally. Conversely, increase in investment on power infrastructure network and rapid growth of electric vehicle sector are anticipated to provide potential opportunities in the upcoming years. The  energy storage systems market  size was valued at $188.5 billion in 2020, and is projected to reach $435.4 billion by 2030, growing at a CAGR of 8.3% from 2021 to 2030. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch...

Space-Based Solar Power Market to Witness an Outstanding Growth during 2021 – 2030

 The space-based solar power market is anticipated to witness considerable growth during the forecast period. This is attributed to factors such as rise in demand for electricity from developing economies and better alternative to power generating sources. In addition, R&D towards space based solar power technologies across the globe fuels the growth of the space-based solar power market. However, High cost and disadvantages associated with space-based solar power is restraining the growth of the market globally during the forecast period. Conversely, technological advancements in space-based solar power systems and rise in investment towards research work are anticipated to provide potential growth opportunities in the upcoming years. The  space-based solar power market  size was valued at $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. Space-based solar power generation involves the use of solar ...

Solar Reflective Glass Market 2021 – 2031: Global Consumption Value, and Key Companies Profile: NSG, Magna Mirrors Holding GmbH, PPG Industries, Heliotrope Technologies

 The  solar reflective glass market  size was valued at $5.3 billion in 2021, and is estimated to reach $10.6 billion by 2031, growing at a CAGR of 7.3% from 2022 to 2031. Solar reflective glass refers to the special coated glass that reflects a substantial share of sunlight and declines the amount of heat entering inside to make it more comfortable. It makes the indoor space brighter and fresher. Solar reflective glasses are used in numerous applications, such as commercial, residential, and automotive, to decrease the amount of solar heat entering the room. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch.com/request-sample/17660 Solar reflective glass is lightweight, delivers an amusing & comfortable environment, and provides high levels of natural light. Various types of coated solar glass are available, exhibiting different aesthetics such as reflective, tinted, and neutral. The coated solar reflect...

Geothermal Heat Pump Market Poised to Garner Maximum Revenues during 2021 - 2031

 The  geothermal heat pump market  size was valued at $6.0 billion in 2021, and the geothermal heat pump industry is estimated to reach $12.5 billion by 2031, growing at a CAGR of 7.6% from 2022 to 2031. A central water heating system that uses geothermal energy to heat the water is known as a geothermal heat pump (GHP) or ground source heat pump. Geothermal heat pumps are popular in many heating applications for surface water, recycled water, retention basin stormwater, sewage treatment plants, and rainwater harvesting. They are also energy efficient. Geothermal heat pumps may be utilized alone or in conjunction with other hybrid systems, such as solar geothermal heat pumps. The hybrid setups have advantages in terms of cost and high performance. The earth's mild temperatures are used by geothermal heat pumps as cooling and heating sources. Instead of always coming from the center of the earth's crust, the geothermal heat pump's primary source of heat is the sun. Some of...

Next Generation Biofuels Market to Witness Huge Growth by 2030

 The global  next generation biofuels market  has driven by the factors, such as the sustainable and clean source of fuel, easy availability of raw materials that are non-food crops & wastes, the lesser concentration of greenhouse gases as compared to conventional fuels, and governmental incentives that support the development of advanced biofuel production technologies. Biofuels are fuels produced by a biochemical reaction using biological sources such as raw materials. By production, biofuels can be categorized into first-, second-, and third-generation biofuels. First-generation biofuels, also known as conventional biofuels, are prepared using food crops, such as soy, rapeseed, corn, and similar others. Second-generation or advanced biofuels are produced from non-food crops and waste, such as forest residues, non-edible oils, crops, such as Miscanthus, and others. Third-generation biofuels are derived from algae, which have proven to be the most efficient source ...

Solar Energy Market to Witness Growth Acceleration during 2023 - 2032

 Solar energy is the energy that is derived from the rays of the sun, which is renewable and sustainable. It is an alternative source of energy that has gained popularity across the globe due to its environmental benefits and cost-effectiveness. Solar energy may be harnessed in different ways, such as through solar panels or solar thermal systems, to generate electricity or heat for residential, commercial, and industrial use. The use of solar energy reduces the dependence on fossil fuels and helps to mitigate climate change by reducing greenhouse gas emissions. The  solar energy market  size was valued at $94.6 billion in 2022, and solar energy industry is estimated to reach $300.3 billion by 2032, growing at a CAGR of 12.3% from 2023 to 2032. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch.com/request-sample/117 The solar energy market has witnessed significant growth over the years, driven by several fac...

Lithium Sulfur Battery Market to Witness an Outstanding Growth During 2021 - 2030

 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. There are increasing future applications of lithium sulfur battery in planetary landers, planetary rovers, planetary orbiteers, and other satellite equipment. The rapid innovation and development of aerospace technologies led to the increase in space-based activities, which boosted the need for highly efficient power source to drive the equipment. The presence of top aerospace manufacturing companies, such as SpaceX, Boeing, and Airbus, with rapid innovations in the aerospace sector has increased the demand for high energy density storage batteries. In addition, the gradual depletion of resources on the planet and increasing population led to a search of suitable habitation places on other celestial bodies, which is also one of the driving factors for the growth of the lithium sulfur battery market. In ...

Bio Jet Fuels Market to Receive Overwhelming Hike in Revenues By 2030

 Bio Jet Fuel is made from sustainable sources such as vegetable oils, sugars, animal fats and even waste biomass which can be used in existing jet engines without modification. It is a renewable aviation fuel which is different from conventional jet fuel as they are not made form petroleum, yet are molecularly identical. Bio jet fuel or Sustainable Aviation Fuel is specialized form of petroleum based fuel used for powering jet and turbo propelled engine aircraft. The need for sustainable green energy development is increasing considerably across the world. The increasing CO2 content in the environment lead to the surge in the global warming in recent years, around 60-70% of the CO2 emissions across the globe is mostly due to the use of conventional aviation fuel flights. The global  bio jet fuels market  size was valued at $166.5 million in 2020, and projected to reach $837.7 million by 2030, with a CAGR of 17.9% from 2021 to 2030. Get a PDF brochure for Industrial Ins...

Blue Hydrogen Market to Register Unwavering Growth During To 2031

 The  blue hydrogen market  size was valued at $0.9 billion in 2021, and blue hydrogen industry is estimated to reach $3.5 billion by 2031, growing at a CAGR of 14.1% from 2022 to 2031. Blue hydrogen is an industry term for hydrogen produced from natural gas and supported by carbon capture and storage. The CO2 generated during the manufacturing process is captured and stored permanently underground. The result is low-carbon hydrogen that produces no CO2. Blue hydrogen is touted as a low-carbon fuel that is used for generating electricity, heating buildings, and powering cars, trains, trucks, and others. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch.com/request-sample/16376 Hydrogen is used in the production of ammonia and methanol. Ammonia’s potential as a carbon-free fuel, hydrogen carrier, and energy store represents an opportunity for renewable hydrogen technologies to be deployed at an even greater sc...