Power Industry Reports

 Growing public awareness of environmental aspects and a rise in demand for power energy consumption is expected to drive the market during the forecast period 2022-2027. According to TechSci Research report, " Biomass Pellet Market  –   Global Industry Size, Share, Trends, Opportunity, and Forecast. 2017–2027", the biomass pellet market is expected to witness robust growth during the forecast period, 2022-2027.  A renewable energy source, biomass pellets like agricultural waste, may provide heat and electrical energy. The usage of renewable energy sources has become the new focus of industries as a result. In addition to being the primary source for creating thermal energy, biomass pellets are also the most significant source of acquiring electricity .  The increase in the need for biomass-based power generation and conventional methods of power generation using fossil fuels is likely to drive the expansion of the biomass pellet market globally.  By 2...

  Growing energy requirements and rapid urbanization and industrialization are expected to drive the demand for the UAE cogeneration equipment market over the forecast period, 2023-2027.  According to TechSci Research report,  “ UAE Cogeneration Equipment Market By Fuel Type (Natural Gas, Biogas, Coal, Diesel and Others), By Capacity (Up to 30MW, 31MW to 50MW, Above 50MW), By Technology (Steam Turbine, Gas Turbine, Combined Cycle Gas Turbine and Reciprocating Engine), By Application (Commercial, Industrial and Residential), By Region, Competition Forecast & Opportunities, 2027 ” , the UAE cogeneration equipment market is expected to witness robust growth in the forecast period, 2023-2027. Cogeneration is also known as combined heat and power and utilizes energy in two different forms simultaneously and combines thermal energy and mechanical energy in a cost-effective and environment-friendly way. The equipment used in the cogeneration system, including compressor, mot...

Rising energy consumption, growing Usage of Smart Grids and Smart Meters, rising investment towards improving energy, are expected to drive the Europe Advanced Energy Management System market through forecast period. According to TechSci Research report, “ Europe Advanced Energy Management System Market - By Country, Competition Forecast & Opportunities, 2017-2027,” Europe Advanced Energy Management System Market stood at USD 11,763.59 million in 2021 and is expected to register a CAGR of 9.42% during the forecast period owing to increasing electricity consumption and growing demand for energy efficiency in end-use industries. The need for energy management during peak electricity demand as well as the transition from traditional fossil fuels to renewable & bio-based energy sources, is expected to drive demand for advanced energy management systems in Europe. Additionally, the growing need to reduce GHG emissions and reliance on fossil fuels is expected to boost market growth...

 According to TechSci Research report,  “Global  Battery Separator Market  By Type (Lithium-Ion Battery Separator and Lead-Acid Battery Separator), By Material (Polyethylene, Polypropylene and Others), By End-use Industry (Automotive, Consumer Electronics, Industrial and Others), By Region, Forecast & Opportunities, 2025” , the market is expected to undergo a double digit CAGR during the forecast period. Key factors driving the growth of global battery separator market are increasing demand and production of consumer electronic gadgets, growing vehicle electrification and improvement in li-ion batteries. Furthermore, advancement in technology and utilization of batteries in energy storage devices are anticipated to provide profitable growth opportunities for battery separator manufacturers in the coming years. Apart from that, automakers are investing billions on the manufacturing of electronic vehicles owing to increase in GHG emissions and incentives being prov...

Rapid urbanization, supportive government Initiatives, increasing high-rise buildings & apartments are driving the growth of India Electrical Switches Market in India in the forecast period, 2023-2030. According to TechSci Research report, “ India Electrical Switches Market - By Region, Competition Forecast & Opportunities, 2017-2030F”,  the India electrical switches market was valued INR 56,394 million in FY2022 and is predicted to grow at a CAGR of 7.99% to reach INR 1,02,917 million by 2030. The growing commercial and industrial sector, combined with rapid urbanization, is fueling the growth of the electrical switches market in India. Major factors driving the growth of electrical switches in India are the advent of integrated lighting control systems, ongoing and upcoming smart city projects, and growing awareness about energy savings among consumers and government, among others.  Some of the major smart city projects in the country are Diamond Research Mercantile...

  Growing demand for coal production and ongoing technological advancements are expected to drive the demand for the Japan mining drilling services market in the forecast period, FY2023-FY2027. According to TechSci Research report,  “ Japan Mining Drilling Services Market  By Region, Competition Forecast & Opportunities, FY2027 ” , the Japan mining drilling services market is anticipated to grow at a steady rate in the forecast period, FY2023-FY2027. Metal production, metal trade, and metal investing are the key driving factors for the Japan mining drilling services market. Mining drilling service providers offer innovative solutions to tackle technical drilling challenges in the most complex operating environments in the country. By availing the services of mining drilling, the cost of buying excessive, costly equipment and services is expected to lower down thereby increasing its adoption in the country. They have superior, technologically advanced, high-quality dri...

  Rise oil and gas production and growing use of advanced technologies in drilling operations are driving the growth of Global Hardbanding Services Market in the forecast period, 2023-2027. According to TechSci Research report,  “ Hardbanding Services Market  - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 ” , the Global Hardbanding Services Market is anticipated to grow at a robust CAGR during the forecast period, 2023-2027. Hardbanding process in the one in which wear-resistant alloy is applied to the tool joints of the drill pipe or the drill collars to enhance the life of the oilfield tubular. The drilling and tripping process involves rotational and axial friction, which creates excessive abrasive wear between the drill string and the casing or between the rock and the drill string, thereby requiring the process of Hardbanding. Advanced welding techniques are employed on the points of greatest contact to apply the hard alloy over the r...