The global industrial robotics market is experiencing a remarkable surge, with projections indicating a valuation exceeding US$ 220 billion by 2033. This unprecedented growth is propelled by a compelling Compound Annual Growth Rate (CAGR) of 18.9% over the ten-year forecast period from 2023 to 2033. The driving force behind this upward trajectory is closely intertwined with the...

Outage Management System Market Highlights Outage Management System Market is projected to be worth USD 4.41 billion by 2030, registering a CAGR of 21.3% during the forecast period (2022 - 2030). A computer system or an outage management system (OMS) is used by operators of electric distribution systems to assist in restoration of power. It provides the capability to efficiently identify...

Virtual Power Plant Market Analysis Virtual Power Plant Market is expecting total revenue of USD 709.2 million by 2027, with a high CAGR of approximately 29.68% by the end of 2027. COVID-19 Analysis The sudden COVID-19 outbreak has affected the worldwide economy adversely and has disrupted several businesses in different countries. Owing to the government imposed lockdown across the...

Hydrogen Energy Storage Market Overview: Hydrogen Energy Storage Market share is projected to be worth USD 27.18 billion, registering a CAGR of 8.50% during the forecast period (2023 - 2030). The hydrogen energy storage market is growing rapidly. Hydrogen energy storage (HES) increases sustainable energy supply systems in the electric grid, gas pipeline systems, and transportation fuels....

Solar PV Mounting Systems Market Overview: Solar PV Mounting Systems Market share is set to arrive at a valuation of USD 13,426.80 Million by 2030, with a CAGR of 8.7% during the conjecture time frame. The market for solar PV mounting solutions is growing. Share is based on the growth of its parent market, solar-powered electricity. The global market for solar-powered photovoltaics...

Battery Recycling Market Analysis: Battery Recycling Market is projected to be worth USD 34.77 billion by 2030, registering a CAGR of 5.35% during the forecast period (2023 - 2030). MRFR’s report on the battery recycling market highlights trends and opportunities for companies looking to cut costs and pursue sustainable production methods during the forecast period (2023-2030). The...

Solar Battery Market Overview Solar Battery Market is projected to be worth USD 375.83 Million, at a CAGR of 16.17% during the forecast period (2022 – 2030). Several sizes and chemicals make up solar batteries, each with a unique set of benefits and drawbacks. Simply put, a solar battery is just a storage system that receives power from solar panels and can store extra energy...

Global Solar Thermal Collectors Market Overview The Solar Thermal Collectors Market size is expected to attain a global CAGR of 8.15% during the ongoing forecast period of 2021-2028. The solar thermal collectors market is growing rapidly. Solar thermal collectors offer several advantages over Photovoltaic (PV), such as financial and carbon emissions savings, which act as major...

Heat Pump Market Overview Heat Pump Market share is expected to grow at USD 118.4 Billion with 11.37% CAGR during the forecast period. Growth demand for energy-efficient and economical space heating, as well as cooling applications within residential and commercial housing, is anticipated to fuel market expansion. The many lockdown measures implemented by governments throughout...

Gear Motor Market Overview  During the ongoing forecast period of 2022-2030, the Gear Motor Market is likely to attain a global CAGR of 5.80% and reach a global market value worth USD 64.6 billion.  The gear motors are electrical machinery that is capable of producing high torque at low motor speed. The Gear Motor Market caters to the field of home appliances and...