Dual carbon battery is relatively cheaper to manufacture and are environment friendly. These batteries are used improve the range and charging times of electric vehicles. This battery technology is newer to the market but has the potential of becoming prominent in the coming years due to its qualitative features. For instance, a Japanese company, Power Japan Plus has come up with new dual carbon batteries which are at its initial phase and has the capability of eating up the market share of…

The global Electrostatic Precipitator market size is expected to grow at ~ 4.00% CAGR during the forecast period.

Based on component, the electrostatic precipitator (ESP) market is segmented as hardware, software & services. Hardware segment is estimated to dominate the market during the forecast period due to high requirement of hardware component in manufacturing several types of electrostatic precipitators. Hardware component such as high voltage electrical systems, discharge…

Intelligent pigging is a technique wherein an inspection probe, commonly known as smart pig, is involved in pipeline inspection, measuring pipe wall thickness, and metal loss by direct measurement of the thickness of the pipe wall. This market has various advantages such as it helps in cleaning and inspecting the pipelines without the need to stop the flow of product. It also has the ability to provide a accurate value for local wall thickness whilst being small, lightweight, and easy to…

Vacuum Contactor is an electrical device that is used for load breaking through the help of a controlled switch. Vacuum interrupting contacts are enclosed inside a vacuum bottle, which prevents the development of arc when there is a voltage fluctuation. Some of the major applications of vacuum contactors are in motors, transformers, capacitors, reactors, and resistive loads, among others. Many industries such as oil and gas, commercial, mining, utilities, and others require vacuum contactors…

Market Research Future published a half-cooked research report on global solar backsheet market. The solar backsheet market size is expected to expand at ~ 7.20% CAGR during the period 2018 to 2023. Solar backsheet is used in solar power plants to generate electricity for various applications such as residential, commercial, military, industrial, and utilities. Solar backsheet is used to protect the photovoltaic module from UV radiations, moisture penetration, electrical insulation, and…

Market Research Future (MRFR) anticipates the global traction transformer market 2020 to progress at a consistent rate throughout the forecast period (2017 to 2025).

Growth Boosters and Top Barriers

Promising advancement rate of rail infrastructure ion various countries along with the hike in the demand for better and faster commuting networks is helping the traction power transformer market gain traction across the globe. A number of original equipment manufacturers (OEMs)…

Market Research Future published a half-cooked research report on global steam boiler market. The steam boiler market size is expected to expand at ~ 4.10% CAGR during the period 2018 to 2023.

Market Highlights

Steam boiler is defined as a vessel in which water or other fluid is heated under pressure. It is generally used to generate power in steam engines. The advantages of steam boiler include easy maintenance with lesser downtime, ideal for larger set ups, and no need for…

Electrical bushings are insulating devices that allow an electrical conductor to pass through barriers like a circuit breaker or a transformer and reduce stress in the electric field. They are made from porcelain, paper, resin insulation, and are capable of withstanding high voltage. As the population rises, the needs for electrical powers are also increasing, which is one of the primary factors boosting the market. The increasing demand for high loads from various industries has increased…

The global demand response management system market size is expected to exhibit a strong 7.8% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global demand response management system market was valued at USD 21.8 billion in 2017 and is expected to rise to a valuation of USD 45.6 billion by 2023. The global demand response management system market trends is studied in great detail in the latest report from Market…

The transformation of the energy value chain is estimated to motivate the crude oil carrier market. The drilling, intervention and completion reports are made by Market Research Future, which includes market options for progress. A 4.2% CAGR is predicted to garner income worth USD 247.5 billion for the crude oil carrier market size by 2023.

The escalation of crude oil extraction activities around the world is predicted to transform the crude oil carrier market growth in the near…

Market research Future (MRFR), in its latest report on the global gas insulated transformer market 2020 reveals the impact COVID 19 disease outbreak on it for the years to come. As per MRFR analysis, the gas insulated transformer market size is likely to rise at 5.23% CAGR across the study period.

Non-explosive and non-flammable gas used in gas insulated transformer eliminates the need for regular checks of oil. This is expected to boost the expansion of the market through the…

The FSRU (floating storage and regasification unit) market is anticipated to grow rapidly at a CAGR of 13.88% CAGR during the forecast period. The global FSRU (floating storage and regasification unit) market is driven by use of LNG in automobiles and its benefits over fossil fuel. These factors have helped shape the FSRU (floating storage and regasification unit) market and are expected to boost the growth. Companies in the FSRU (floating storage and regasification unit) market could also…

Industry Insight

While 2020 is being an incredibly action-packed year for data analytics due to COVID-19 breakthrough, the Hydrogen and Fuel Cells Market Research 2020 is screening some positive instincts, when studied by Market Research Future. As per COVID-19 impact analysis, the market has the potential to show enormous growth, which is recorded at a rate of 25.09% and is capable of reaching a towering valuation by 2027. The growth period has been approximate from the years 2011 to…

According to Market Research Future (MRFR), the global load break switch market size is projected to surpass a valuation of USD 1 Bn with 5.25% CAGR from 2017 to 2023 (forecast period). The report describes the crucial factors likely to improve or impede the growth of the global load break switch industry. The report also throws light on the potential impact of COVID-19 on the development of the global load break switch industry.

Load break switch refers to a disconnect switch, the…

The global virtual power plant market size is predicted to grow at a healthy 22.6% CAGR between 2019- 2026 states the recent Market Research Future (MRFR) analysis. Virtual power plants or VPP are used for optimizing the generation of power from existing sources, integrating different renewable energy sources, and finally reducing the carbon footprint on the environment.

Various factors are propelling the global virtual power plant market growth. As per the current MRFR report, such…

The ease in maintaining digital substations is predicted to transform the global digital substation market 2020. The power generation, transmission and distribution reports are made by Market Research Future, which includes market options for expansion. A 7.5% CAGR is estimated to shape the digital substation market size in the upcoming period.

The change of the power generation to an optical system from a wired is predicted to transform the digital substation market size. The…

The global fuel management system market size will develop at a 4% CAGR between the forecast period 2017- 2023, according to the new Market Research Future (MRFR) analysis. A fuel management system is used for controlling, monitoring, and maintaining the fuel consumption and storing in big number of industries that use transport such as water, road, rail, and air as a medium of commerce trade. These systems are basically designed for managing the proper use of fuel and also effectively used…

The offshore wind market 2020 could possibly reach a solid valuation of USD 59.94 Billion by 2025, evaluates Market Research Future (MRFR). MRFR says that the offshore wind market research report can expect to advance at a rate of 15.34% from 2019 to 2025 (appraisal period). We will provide covid-19 impact analysis with the report. The COVID-19 impact on the market has been studied in the report, which offers an in-depth analysis post the coronavirus disease outbreak.

Top Boosters and…

The need for stability in electricity generation is estimated to motivate the frequency converter market growth 2020. The energy & power industry reports are created by Market Research Future, which centers on the market option for development. A 9 % CAGR is predicted to alter the market in the coming period.

The surge in demand for electricity in industries is estimated to spur the frequency converter market share. Moreover, the demand for marine frequency converter is expected…

The data analysts at Market Research Future Reports (MRFR) have revealed that the global drill pipe market is speculated to value approximately USD 1,019.6 million by the end of 2025. Further, the market is estimated to rise at a CAGR of 3.52% during the assessment period. The rising optimization of drilling operations due to technological advancement is the most significant factor driving the global drill pipe market 2020. Besides, the increasing urbanization, the expanding automotive…