Latest Publications

The Market for power rentals is expected to grow at a CAGR of 7.6% from an anticipated USD 11.4 billion in 2023 to USD 16.8 billion in 2030. The demand for the global power leasing market is anticipated to be driven by the industrial sector's quick expansion and the rising need for a consistent and dependable power supply. The option of temporarily renting power plants or generato . . .

Grid-scale batteries are expected to grow at a CAGR of 37.8% from a market worth of USD 2.1 billion in 2023 to USD 9.8 billion by 2030. Reduced grid-scale battery costs, rising investments in renewable energy, and government subsidiaries, among other factors, are responsible for the market's rapid rise. Along with that, the rise of the grid-scale battery business is also being aided by go . . .

The Qatar Facility Management Market is predicted to grow at 9.24% CAGR during the forecast period with the market size reaching USD 12.1 billion by 2030. Different services such as property, cleaning, environmental management, security, support, catering, and others are majorly contributing to the facility management market size. The market has witnessed significant demand for property over . . .

The size of the global Variable Frequency Drive Market was estimated at USD 24.9 billion in 2023, and it is anticipated to increase at a CAGR of 5.5% by 2030. Growing demand for variable frequency drives (VFD) due to their benefits such as adjustable speed, dynamic torque control, and energy-saving from sectors such as power generation, automotive, and oil & gas are crucial factors expect . . .

The global Concentrated Photovoltaic (CPV) Market is expected to grow from USD 76 billion in 2023 to USD 143 billion by 2030, at a CAGR of 8.0% during the forecast period. CPV technology uses optics such as curved mirrors or lenses for vast amounts of sunlight to generate energy from a small area of solar photovoltaic (PV) cells. The advantages of CPV systems over non-concent . . .

The global Instrument Transformers Market was valued at USD 11.1 Billion in 2023 and is projected to reach USD 18.2 Billion by 2030, at a CAGR of 7.9% during the forecast period 2025- 2030. The transformers are used in the CA system to calculate voltage, current, power, capacity, power factor, frequency, and electrical quantities. AC Device voltage and current are the basic features of . . .

The global Water Treatment Systems Market is expected to reach around USD 21.9 billion in the year 2023 and is expected to account for a value of USD 45.3 billion by 2030, with an 8.5% CAGR from 2025-2030. Some of the key drivers factoring to this growth in this market are increasing global demand for clean water, stringent regulatory rules and issues, and rising concerns about the env . . .

The global Mining Machinery Market size was valued at USD 29 billion in 2023 and by 2030 it is projected to grow to USD 41 billion at a compound annual growth rate (CAGR) of 4.4%. Over the next few years, continuing digital mining progress is expected to change the main facets of mining. Increased investment is expected to trigger demand for mining equipment over the forecast peri . . .

The Global Facility Management Market is anticipated to grow from USD 47.8 billion in 2023 to USD 88.9 billion in 2030, with a CAGR of 12.9% during the forecast period. Facility Management involves overseeing and maintaining physical assets to ensure optimal functionality and efficiency. It includes various services such as maintenance, cleaning, security, and space management. By optimizing re . . .

The Global Energy Storage System Market size is expected to grow to USD 440.5 billion by 2030 from USD 205.5 billion in 2023. It will register a CAGR of 9% during the forecast period 2025-2030. The energy storage system is a device designed to store energy in several forms such as mechanical and electrochemical, enabling its flexible application as needed. These systems find applications in mee . . .