Lithium Iron Phosphate Batteries Market Size to Grow $160.30 billion by 2030
According to a research report “Lithium Iron Phosphate Batteries Market by Industry (Automotive, Power, Industrial, Consumer Electronics, Aerospace, Marine), Application (Portable, Stationary), Voltage (Low, Medium, High), Capacity, Design, and Region – Global Forecast to 2030″, the lithium iron phosphate batteries market is projected to reach USD 160.30 billion by 2030 from an estimated...
Gas Engine Market Set for Robust Growth Driven by Cleaner Power Demand
The gas engine market is experiencing robust growth driven by increasing demand for cleaner energy solutions and the transition towards sustainable power generation. As industries and governments worldwide prioritize environmental sustainability, gas engines have emerged as a viable alternative to traditional fossil fuel-based power generation systems. This shift is further fueled by advancements...
Powering Efficiency: The Rise of Distributed Generation & Thermal Recovery in the Combined Heat and Power Market
The global Combined Heat and Power (CHP) market—also known as cogeneration—has been steadily gaining momentum, projected to grow from USD 30.4 billion in 2024 to USD 39.2 billion by 2029 at a CAGR of 5.2%.
At its core, CHP involves the simultaneous production of electricity and useful heat from the same energy source. Unlike traditional power plants, which waste significant heat energy,...
Next-Gen Thermal Solutions: Plate & Frame Heat Exchangers
As industries across the globe push for energy efficiency, compact solutions, and easy maintenance, Plate & Frame Heat Exchangers (PHEs) have emerged as the go-to technology in thermal exchange systems. These versatile units are engineered to transfer heat between two fluids without mixing them—making them ideal for applications in power plants, food processing, chemical refineries, HVAC...
Powering the Green Revolution: How the Inverter Market is Transforming Energy and Mobility
The global push toward clean energy and electrification is reshaping industries, and at the heart of this transformation lies a critical but often overlooked technology: the inverter. As the world accelerates its adoption of renewable energy and electric vehicles, the inverter market is experiencing unprecedented growth, innovation, and competition.
Explosive Growth Driven by Renewables and Electrification
The...
Safeguarding the Future: Trends and Innovations in the Wind Turbine Protection Market
Wind turbine protection are primarily used to protect the turbines from factors like lightning strikes, high winds, and extreme temperatures. Wind turbine protection keeps turbines functional, protects investments, safeguards workers and wildlife, and contributes to a stable and reliable power grid.
According to a latest research, The wind turbine protection market is forecast to reach USD 2.8...
The Rise of Long Duration Energy Storage: Market Growth and Innovations
The long duration energy storage market is forecasted to reach USD 10.43 billion by 2030 from an estimated USD 4.84 billion in 2024, at a CAGR of 13.6% during the forecast period (2024-2030).
With urbanization, industrialization, and transportation electrification, growing demand for global energy causes a need for stable continuous power supply. LDES is an economical way of storing excesses of...
The Industrial Boiler Market in 2025: Trends, Growth, and Key Industrial Boiler Companies to Watch
The industrial boiler market plays a crucial role in various industries, including power generation, food processing, and chemical manufacturing. These boilers are essential for steam and heat production, which drive industrial operations and ensure efficient energy utilization. As of 2022, the global industrial boiler market was valued at USD 15.3 billion and is projected to reach USD 19.8 billion...
Lithium Iron Phosphate (LFP) Batteries: Powering the Future of Energy
The world is undergoing a significant shift in how it generates and consumes energy. With increasing concerns about climate change and the need for sustainable solutions, lithium iron phosphate (LFP) batteries are emerging as a key technology in various industries. A recent report by MarketsandMarkets projects the global LFP battery market to grow from USD 17.7 billion in 2023 to USD 35.5 billion...
Residential Energy Storage Market Showing Impressive Growth during Forecast Period 2024 – 2030
The residential energy storage market is expected to grow from an estimated in USD 2.67 billion in 2024 to USD 4.30 billion by 2030, at a CAGR of 8.2% during the forecast period. With growing popularity of solar photovoltaic (PV) systems for residential consumption, the necessity to solve the energy storage problem has emerged. After all, the generation of solar energy is time dependent and varies...