Search results for: 'CHINA pharmaceutical market'

Energy security and the energy transition are the key drivers of investments in the hydrogen industry. Hydrogen is considered a key pillar of decarbonization because it is one of the few routes available for decarbonization of some sectors like oil and gas, mining, iron and steel, and heavy transport. Its energy density and phase changeability faci...

19 Nov 2018  |  Global  |  Market Research

Global Nuclear Power Market, Forecast to 2030

Capacity Additions in Developing Nations Hold the Key to Market Growth

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Nuclear power will continue to play an important role in the energy mix, despite the rise of renewable energy. By 2030, it will continue to account for 7% of the global electricity generated, and in 15–20 countries, it will be a primary source of electricity. The fastest growth is expected in Asia, as nations there are expected to move towards nucl...

24 Nov 2017  |  Global  |  Market Research

Global Wind Power Services Market, Forecast to 2025

A $25 billion Market by 2025, Driven by a Higher Installed Capacity and Increasing Repowering of the Ageing Installed Base

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The global wind services market is expected to be worth $25 billion by 2025, up from $9 billion in 2016, driven by an ageing installed base in Europe and North America (including a significant potential for repowering projects) and substantial new capacity additions in Asia-Pacific. There will also be incremental innovations that will drive revenue...

27 Sep 2017  |  Global  |  Market Research

Global Flow Battery Market, Forecast to 2023

Utility-scale Projects by Vanadium Redox Chemistry Dominate the Market Accounting for Over 80% of Revenue

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The importance of utility-based energy storage is driving demand for multiple options of efficient, cost-effective, and long standing storage solutions. The flow battery, with all its attractive features, is to become the most preferred chemistry for utility-based storage. Thus, the global flow battery market will witness a steady growth in unit vo...

15 Dec 2021  |  Global  |  Market Research

Growth Opportunities in the Global Wind Services Market

Increasing Adoption of Digital Technologies and Technological Innovations to Drive the Global Wind Services Market

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Continued concerns over increasing carbon emissions and the need to mitigate climate change have forced governments to accelerate investments in renewable energy. Wind and solar energy, in particular, are expected to play a crucial role in the global race toward decarbonization. Over the last ten years, wind energy capacity additions have gained mo...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in proton exchange membrane electrolysis, fuel cells, lithium-metal batteries, battery energy storage systems, thermal energy storage systems, nuclear microreactors, offshore solar, microgrids and their optimization, compressed air energy storage, among ...

2023 was a record-breaking year for power generation investment, with $840 billion invested in projects globally, up from $611 billion in 2022. Renewable energy dominated investment in 2023; solar PV and wind power combined accounted for $528 billion. Climate commitments and supportive regulations are the mainstays of global growth. China has signi...

The Asia-Pacific Renewable Energy (RE) inverters market is entering the mature stage, especially in developed countries such as Australia and Japan. However, growth potential still exists in Southeast Asia, as RE adoption growth is still promising. The market registered a revenue that was close to $2.5 billion and is forecasted to expand by less th...

23 Apr 2019  |  Global  |  Market Research

Growth Opportunities in the Stationary Fuel Cell Market, Forecasts to 2030

Increasing Acceptability and Falling Costs to Drive the Market for Fuel Cells

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Fuel cells are expected to see significant growth over the next decade, as countries move toward cleaner power to diversify their power mix away from fossil fuels. The market is expected to witness steady growth due to the construction and installation of fuel cell power by companies along with the declining cost of new/existing technologies, leadi...