Power Industry Reports

Increasing use of lithium-ion batteries in cars to drive the growth of global lithium-ion battery market in the forecast period, 2022-2026. According to TechSci Research report,  “ Lithium-Ion Battery Market  - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026”  The global lithium-ion battery market stood at USD42.30 billion in 2020 and is expected to grow at a CAGR of 26.04% during the forecast period on account of increasing sales of electric vehicles and adoption of lithium-ion batteries in energy storage system, consumer electronics and other applications. The growing demand for lithium-ion batteries for electric vehicles, consumer electronics, among others is expected to drive the market growth through 2026. Additionally, increasing focus of automakers on manufacturing electrical vehicles with lithium-ion battery in comparison to other battery alternatives is contributing to the growth of the market. Lithium and carbon are commonly...

Increasing government initiatives towards infrastructure development and low capital investment etc., is expected to drive the India diesel genset rental market through forecast period. According to TechSci Research report,  “ India Diesel Genset Rental Market  - By Region, Competition, Forecast & Opportunities, 2017-2027 ”,  the India diesel genset rental market is anticipated to grow at a CAGR of 5.92% in the forecast period to reach USD616.15 billion by 2027. Stringent emission norms and ongoing infrastructure development projects are driving the demand for the India diesel genset rental market. Leading authorities are adopting the measures to become the global manufacturing hub by 2030 by introducing supportive initiatives. The introduction of the ‘Make in India’ scheme by the government to boost the local manufacturing industries and reduce the dependency on the import of goods is expected to act as a positive driver for the India diesel genset rental market. Als...

Global wood pellet fuel market is expected to grow with increasing advancements in energy and power generations. According to TechSci Research report,  “ Wood Pellet Fuel Market  - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ”,  Global wood pellet fuel market is expected to register growth at 7.73% CAGR value during the forecast period, 2023-2027F, to achieve the market value of USD16789.59 million by the year 2027F. The rising demand for energy-efficient solutions and power generation is actively driving the growth of the global wood pellet fuel market in the upcoming five years. The rising demand for eco-friendly alternatives further supports the growth of the global wood pellet fuel market in the next five years. Additionally, increasing deployment of renewable energy facilities around the globe would further enhance the product penetration and thus aids the growth of the global wood pellet fuel market in the future five years. Industrial ...

High demand from transportation & logistics industry and increasing demand for connected forklift truck is expected to drive the demand of Canada forklift battery market in the forecast period, 2023-2027. According to TechSci Research report,  “ Canada Forklift Battery Market  By Type (Curled on Forklift Battery and Pressed on Forklift Battery), By Demand Category (OEM, Replacement), By Vehicle Type (Forklifts, Lawn Mowers, Golf Carts, Baby Carriages, Wheelbarrows, Others), By Application (Mining Vehicle, Construction Vehicle, Others), By Region, Competition Forecast & Opportunities, 2027 ” , the Canada forklift battery market is anticipated to witness a growth of steady CAGR in the forecast period, 2023-2027. The surge in the use of forklift batteries in the automobile sector and the changing consumer preference for greener options are the key factors driving the growth of the Canada forklift battery market. The government and other organizations have implemented stri...

Saudi Arabia Electric Motors Market is anticipated to grow with increasing use of electric appliances. According to TechSci report on, “ Saudi Arabia Electric Motors Market  -  By Region, Competition Forecast & Opportunities, 2027”  Saudi Arabia Electric motors market may flourish with an impressive CAGR during the forecast period of 2023-2027, on the backbone of rapidly increasing usage of electronic machines and power generating equipment. Expanding automotive industry and growing manufacturing of the automobiles due to higher sales of the automotives also actively drive the growth of the Saudi Arabia electric motors market in the upcoming five years. Increasing industrialization, growing infrastructural growth, expanding end use industries like construction industry, also facilitate the growth of the Saudi Arabia electric motors market in the next five years. Growing demands for power generation and increasing energy consumption for various purposes residential, an...

India Battery Market is expected to show robust growth due to surging demands for efficient power and energy storage solutions.   According to TechSci report on, “ India  Battery Market , By Region, Competition Forecast & Opportunities, 2018 - 2028”  India battery market may achieve an anticipated market value by 2028F growing with an impressive CAGR during the forecast period, 2024-2028. Rising demands for the efficient power storage solutions along with the growing concerns for higher energy consumptions, are driving the growth of the India battery market in the upcoming five years. During the fiscal year 2019-20, the gross electricity generation through utilities in the country was 1383.5 TWh and total electricity generation in India was 1598 TWh. Out of this energy generation, gross electricity consumption in the fiscal year 2019 was 1208 KWh per capita. Increasing consumption of the electrical energy and growing concerns for the energy storage further suppor...

Rapid industrialization and increased prevalence of cancer are expected to drive the demand for the UAE dosimeter market in the forecast period, 2023-2027.  According to TechSci Research report,  “ UAE Dosimeter Market  By Region, Competition Forecast & Opportunities, 2027 ” , the UAE dosimeter market is expected to witness robust growth in the forecast period, 2023-2027. Factors such as massive demand from the healthcare industry and a surge in awareness about occupational safety are driving the demand for the UAE dosimeter market. UAE has four nuclear power plants, out of which two are operating, and two are almost completed. A dosimeter is used to supervise the radiation exposed by workers in a controlled area in nuclear power plant. The rise in the emphasis on the possibility of energy generation from nuclear power plants is expected to fuel the demand for the dosimeters in the next five years. A dosimeter is an instrument for monitoring and measuring the ionizing...