In 2022, the worldwide carbon capture and storage market is expected to be worth roughly $4.2 billion. With increasing global use of carbon capture and storage technologies, overall demand is expected to grow at a CAGR of over 14% from 2022 to 2032, reaching a valuation of over US$ 9 billion by 2032. Globally, large quantities of …
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DC Power Supplies Market is Predicted to Reach a Value of US$ 605 Million by the end of 2032
According to the reports of FMI, the global DC power supplies market is expected to reach USD US$ 605 Mn by 2032, up from USD 378 million in 2021, at a CAGR of 4.3% during the forecast period. The DC power supplies market’s expansion can be attributed to rising demand for wireless communication and infrastructure, as well as aerospace and defence, in countries such as the United …
Gas Generator Sets Market is Forecast to Reach a Valuation of US$ 18.9 Billion by the end of 2032
Between 2022 and 2032, the gas generator sets market is expected to develop at a 7% compound annual growth rate (CAGR). By 2032, the global gas generator sets market is expected to deploy 635 thousand units per year. The market expansion would be aided by rising data center outage costs and rising natural gas exploration activity. Because many manufacturing …
Generator Sales Market will Grow Gradually at 5.8% CAGR during the Forecast Period of 2022-2032
As per a recent global market study on generator sales by Future Market Insights, the industry is expected to reach US$ 28.6 billion in 2027, up from US$ 21.6 billion in 2022, with a CAGR of 5.8% over the forecast period. Generator sales and service systems are in high demand due to the continually developing industrial sector. The …
Green Building Materials Market to Thrive at a Robust CAGR of 11.8%, Reaching US$ 823 Bn by 2032
According to a recent analysis issued by FMI, the green building materials market size is likely to reach US$ 823 Bn by 2032, up from US$ 265 Bn in 2021, accounting for 11.8% CAGR through 2022-2032. Green construction materials play an essential role in the growth of such structures. From design through demolition, green building materials are necessary …
Battery Leasing Service Market move forward rapidly with a CAGR of 19.6% During Forecast Period From 2022-2032
According to the battery leasing service market report by Future Market Insights (FMI), the market is anticipated to move forward rapidly with a CAGR of 19.6% during the forecast period 2022-2032. Government initiatives that support the market, like the European Union’s CO2 emission regulations, China’s New Energy Vehicles mandate, etc., are boosting the battery leasing service market statistics. …
Briquetting Press Market Strategies Being Used By Major Players And The Product Portfolio Offered
A briquetting press is generally of three types- mechanical, screw, and hydraulic. A mechanical briquetting press is used more often in industries due to its higher performance, stability, and lower maintenance. It is used to create briquettes of different shapes and sizes using a stamping operation. Screw briquetting press creates molds of briquettes with the help of …
Residential Solar PV Inverter Market Analysis, Share & Top Players: ABB Ltd, Schneider Electric SE, Siemens AG
According to the residential solar PV inverter market survey by Future Market Insights (FMI), the residential solar PV inverter market is anticipated to register a CAGR of 3.8% during the forecast period 2022-2032. The residential solar PV inverter market outlook will be bolstered by ongoing technological advancements, changing regulatory and consumer proximity, and the deployment of efficient inverter units. …
Artificial Wood Beams Market Must-Have Information For Market Players To Sustain And Enhance Their Market Footprint
Artificial wood beams, commonly known as faux wood beams are especially used for decorative purpose. Artificial wood beams are luxury grade building material with better quality and overall value, and are widely adopted in residential and commercial sector. In Commercial sector it has a huge application in healthcare, hospitality, retail and offices, and other applications. …
PV Inverter Market is Expected to Increase at a CAGR of 5.1% during the Forecast Period of 2022-2032
The global PV Inverter market is poised to grow at a moderate CAGR of over 5.1% during the forecast period of 2022-2032, reaching a value of about US$ 2.15 Bn in 2032 from the US$ 1.28 Bn in 2021. Solar (PV) inverters are the heart of photovoltaic panels installed for harnessing solar energy by converting direct current …