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Showing posts from May, 2023

Power and Distribution Transformer Market is Anticipated to Register Robust Growth

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Rising demand of electricity generation and increasing adoption of renewable power generation drive the  Global Power & Distribution Transformer  market in the forecast period of 202 3-2028. According to TechSci Research report, “ Power & Distribution Transformer Market – Global industry Size, Share, Trend, Opportunities and Forecast 2018-2028.  ,The Global Power & Distribution Transformer market is expected to maintain a high CAGR during the forecast period owing to maximum efficiency of power & distribution transformer, rising demand of electricity generation, increasing adoption of renewable power generation among others across the world. A specific kind of transformer called a power transformer is used primarily to transport low voltage generating electricity through distribution lines inside the power grid network. As a result, power transformers are necessary for the transmission of electricity. Government efforts in North American nations to increas...

Biomass Gasification Market to Grow with an Exceptional CAGR Through 2028

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  The increase in environment awareness is a significant factor driving the growth of the Global Biomass Gasification market in the forecast period of 2024-2028. According to the TechSci Research report, " Biomass Gasification Market – Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028, "  The Global Biomass Gasification Market is anticipated to expand in the coming years. The rapid increase in population, poses significant challenges such as steadily increasing demand for food, energy, and water, contributing to climate change, which is also  becoming an alarming situation for the world. Therefore, the government and the world need to take actions to reduce greenhouse gas emissions (GHG). Society and economy tend to rely heavily on energy from fossil fuels. According to EIA, 84% of the world's energy comes from fossil fuels, and the demand is surely expected to rise as global energy consumption rises by 53% by 2035. Moreover,...

Commercial Industry to Lead Global Energy as a Service (EaaS) Market

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Efforts toward decarbonization due to rapid industrialization and the introduction of renewable energy are the major factors driving the market during the forecast period. According to TechSci Research report,   Energy as a Service (EaaS) Market - Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018-2028, the Global Energy as a Service  Market  is expected to register robust growth during the forecast period, 2024-2028.   Increasing adoption of distributed generation in the commercial and industrial sectors, along with stringent energy efficiency regulations and supportive government initiatives, are expected to drive the market over the forecast period. However, the lack of awareness and the high cost of technology in developing...

Solar Panel Recycling Market Forecast By Top Companies, Trends, and Growth Analysis

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The increase in environment awareness is a significant factor expected to drive the growth of the Global Solar Panel Recycling Market during the forecast period of 2024-2028. According to the TechSci Research report,  " Solar Panel Recycling Market – Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, FY2018-FY2028F ", the Global Solar Panel Recycling Market is anticipated to expand in the coming years. The electronic waste produced by discarded solar panels is referred to as solar waste. They are traded in as scrap. With the growing climate change and energy needs there is a increasing environmental concern. One such alternative is solar energy. Solar energy is inexpensive, fossil fuel and emission-free, and boosts sustainability efforts. According to the International Renewable Energy Agency (IRENA), there is an estimate that USD 15 billion could be recovered from recycling solar modules by the year 2050. Moreover, the National Renewable Energy Lab...

LPG Vaporizer Market Dominated By Growing LPG usage in the Industrial Sector

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Increasing technological advancements in LPG vaporizer features and rising awareness of environmental concerns are the factors propelling the market's growth in the forecast period. According to TechSci Research report,  “Global  LPG Vaporizer Market   - By Region, Competition Forecast & Opportunities, 2018-2028,”  the Global LPG Vaporizer Market  is expected to register robust growth during the forecast period, 2023-2028. owing to the increased demand for vaporizers in the healthcare industry. The market for liquefied petroleum gas vaporizers is primarily driven by the rising usage of Liquefied Petroleum Gas (LPG), which necessitates high-pressure vaporization of the gas. The LPG industry's equipment market, gas distribution, storage, terminal, and marketing are just a few of the divisions where the industry's expanding gas advancements have opened up investment prospects. Liquefied petroleum gas (LPG) is vaporized using an LPG vaporizer as fuel for h...

Biorefinery Market to Grow with an Exceptional CAGR Through 2028

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The increase in environment awareness is a significant factor driving the growth of the Global Biorefinery market in the forecast period of 2024-2028. According to the TechSci Research report,  " Biorefinery Market – Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028F " , the Global Biorefinery Market is anticipated to expand in the coming years. The rapid increase in population poses significant challenges, such as steadily increasing demand for food, energy, and water, contributing to climate change and it becomes an alarming situation for the world. Therefore, the government and world needs to take action to reduce greenhouse gas emissions (GHG). Society and the economy rely heavily on energy, from fossil fuels. According to EIA, 84% of the world's energy comes from fossil fuels, and demand is expected to rise as global energy consumption rises by 53% by 2035. Moroever, unconventional fossil resources such as tar sand oil, shale gas,...

Biomass Briquettes Market Propelled By Rising Need to Replace Old Water Infrastructure

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  The increasing demand for coal alternatives and biofuels for cooking and other uses is likely to drive growth in the Global Biomass Briquettes Market during the forecast period of 2024–2028. According to TechSci Research report,  “ Biomass Briquettes Market - Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018–2028F”,  the Global Biomass Briquettes is anticipated to register a robust growth during the forecast period, 2024-2028. The increased usage of biomass briquettes as a cleaner fuel for power production, resulting in fewer GHG emissions, is driving the growth of the biomass briquettes market. Furthermore, government policy formulations favoring biomass as an alternative energy source will drive market expansion throughout the projected period. Biomass molding fuel is manufactured from agriculture and forestry leftovers such as rice stalk, straw, cotton stalk, bamboo sawdust, wood flour, ramie stalk, peanut husk, and so on. After going through many...