District Heating Market Growth, Price, Industry Report 2017 – 2024. Shifting trends toward the adoption of sustainable energy will stimulate District Heating Market.
District heating is the process of supplying hot water from one source to a group of commercial or residential complexes or to an entire district. The growing need to recycle waste energy along with the implementation of environmental norms regarding the amount of carbon content in the atmosphere will favor the market trends. The rising requirement to fulfill the surging energy requirement will also stimulate district heating industry size.
According to Global Market Insights, Inc., “Worldwide district heating market, having had a revenue collection of USD 200 billion in 2016, will surpass a revenue generation of USD 280 billion by 2024.” Micro Combined Heat and Power Market Size - Industry Report 2024. Global Micro Combined Heat And Power Market size is set to grow substantially during the forecast timeframe.
Micro combined heat and power (CHP) technology generates both heat and usable electricity. Natural gas is used as a fuel for the generation of heat and power. Micro CHP is a small heat engine that drives the generator to produce heat and electricity. Changing energy scenario and attempts from government for sustainable utilization of existing resources will increase the business growth.
Need for low carbon emission technologies will drive the micro combined heat and power market in the forecast period. Fuel cell based and engine based are two types of micro CHP systems. Based on technology, global micro combined heat and power market is segmented into Stirling Engine, Rankine Cycle Engine, Internal Combustion Engine, Proton Exchange Membrane Fuel Cell (PEMFC) and Solid Oxide Fuel Cell (SOFC).
Generator Market Size, Share – Industry Analysis Report 2024. Global Generator Market size is anticipated to witness growth owing to increasing demand for continuous and stable power supply.
Rapid industrialization and urbanization are responsible to encourage electricity demand. Increasing demand for off grid infrastructure in remote areas will propel global generator market share. In sub-Saharan Africa, more than 600 million people live without electricity access. Rising concerns for environmental pollution coupled with strict regulatory framework may hamper the growth of global generator market. Increased government regulations concerning with environmental pollution may also among the major restraint. Based on type, generator market can be segmented into single phase and three phase generators. Based on fuel, generator market can be segmented into gasoline, natural gas, propane and diesel. Based on applications, generator market can be segmented into commercial, military, residential, industrial, marine and others. Combined Heat And Power Market Size - CHP Growth Potential 2024.
Power And Control Cable Market Size – Industry Share Report 2024. Industry Trends Power And Control Cable Market size for 2016 was valued over USD 80 billion and is set to witness gain over 9% by 2024.
Russia Power And Control Cable Market, By Voltage, 2016 (USD Billion) Growing investments towards development of electric and communication network will stimulate the global power and control cable market size. In the past ten years, global electricity consumption has witnessed a substantial growth of over 5% with China contributing over 40% of total demand. In 2015, Government of China had spent USD 68.7 billion towards the development of new grid infrastructure. Drill Pipe Market Trends, Statistics, Analysis Report 2025. Drill Pipe Market representing a noteworthy share in the oil & gas industry is gaining tremendous momentum, owing to rapid developments made in the field of onshore & offshore drilling.
Increasing exploration and production activities for unconventional resources within countries such as Canada, Russia, U.S., UAE, Saudi Arabia, Iran, China, Mexico, and Brazil, is likely to jack up the worldwide drill pipe industry trends. In addition to this, large scale bidding of contracts worth millions in offshore drilling projects is amplifying the overall industry outlook. As per a report by Global Market Insights Inc., in 2015, Drill pipe industry share was worth USD 1.7 billion and is set to record a CAGR of 2% over the timeframe of 2016-2025. Taking in to account the geographic trends, the drill pipe industry is experiencing extensive adoption across the globe with heavy investments in oil & gas projects.
Lithium Ion Battery Market Trends, Statistics, Research Report 2024. With the product benefits of excellent load characteristics and efficient energy utilization over conventional batteries, lithium ion battery market is on a definite upswing.
Conventional vehicles are the prime source of environmental pollution driven by carbon emissions through the combustion of crude oil. Growing awareness regarding the potential environmental hazards due to carbon footprints coupled with government regulations regarding the same will fuel the demand for electric vehicles. This in turn, will significantly stimulate lithium ion battery industry share. As per the report by Global Market Insights, Inc., “Worldwide lithium ion battery market was worth USD 23 billion in 2015 and is predicted to exhibit an annual growth rate of more than 9% over the period of 2016 to 2024.” In addition, the escalating adoption of smartphones, laptops, and other portable devices will influence the lithium ion battery industry size noticeably. Written By : Sunil Hebbalkar. Nuclear Waste Management Market Size – Industry Share Report 2024. Global Nuclear Waste Management Market size is set to witness substantial growth during the forecast timeline subject to increased radio-active waste volume coupled with large scale energy-producing technologies.
Nuclear wastes are the residues generated by burning nuclear fuel in a reactor and account for 15% of world’s electricity. The waste management costs are around 5% of total cost of electricity generated. Nuclear waste management (NWM) refers to disposal facilities widely adopted to store hazardous waste away from public. Rising energy requirements through nuclear power plants will augment the growth in nuclear waste management market. Soaring demand for electricity subject to rising global population will positively impact the business growth. Nuclear waste is radioactive and should be disposed over a longer time duration for effective neutralization.
Nuclear power plants in more than 30 countries are powering appliances in number of households, factories and offices. Mooring System Market Size – Industry Share Report 2017-2024. Global Mooring System Market size is estimated to grow rapidly with the increase in subsea production and exploration activities in deep and ultra-deep waters.
Increasing consumption of energy owing to rising population and economies is estimated to boost the mooring system market. Lucrative high investment regions in Middle East and Africa have impacted the industry outlook positively. Rising demand for crude oil owing to excessive consumption will propel the offshore mooring system market. As per the International Energy Agency (IEA), global demand for oil was 92.6 million bpd in 2014 and 94 million bpd in 2015. Rapid technological advancements in drilling and production capabilities of rigs to aid production and exploration in deep water areas will drive the mooring system market to generate revenue.
Onshore hydrocarbon reserves have been explored for many years, with gradual reduction in natural reserves, thereby making offshore activities more prevalent. Levant Power Cable Market Size – Industry Share Report 2024. Industry Trends Levant Power Cable Market size for 2016 was valued over USD 3 billion and is set to witness gain over 8% by 2024.
Syria Cable Market Size, By Application, 2016 (USD Million) Growing investments towards infrastructure development among war affected countries including Syria and Iraq will drive the levant power cable market size. As per, the United Nation, investment of over USD 180 billion is required to rebuild Syria economy to pre-war levels. Similarly, Anbar province in Iraq alone require USD 22 billion for reconstruction. Power Rental Market Size – Industry Share Report 2024. Global Power Rental Market size is anticipated to witness robust growth owing to growing electricity demand subject to frequent power outages and grid failure.
According to a report by the Department of Energy (DOE), the U.S. electric grid loses 285% more power than in 1984. The number of power outages have risen from 76 in 2007 to 307 in 2011. Growing investments towards infrastructure development will subsequently drive the global power rental market size during the forecast timeframe. Demand for the reliable and cheap electricity across the construction site will attract the demand for generators. In Aug 2015, Majid Al Futtaim group based in Dubai announced plans to invest USD8.17 billion over the next 10 years. Low Voltage Cable Market Size – Industry Share Report 2024. Global Low Voltage Cable Market size anticipated to witness significant growth owing to increase in adoption of renewable energy technologies to improve energy security by reducing fossil fuel dependence. Increase in electricity demand coupled with favorable green energy policies will complement the industry outlook.
In 2016, globally USD 30 billion was invested in offshore wind generation. In 2016, the EU added 21.07 GW capacity from renewable sources out of total 24.5 GW capacity produced. Upgradation of transmission and distribution system to increase the reliability and efficiency of grid structures will augment the low voltage cable market. The government and numerous financial institutions are making aggressive investments to improve existing grid infrastructure, which will favor the industry size over the forecast timeframe. The growing application across the automotive segment will further encourage the low voltage cable market size over the forecast period.
District Heating Market Share, Size – Industry Growth Report 2017-2024. Geothermal Energy Market Size – Industry Analysis Report 2024. Global geothermal energy market size is predicted to witness growth owing to increasing electricity demand coupled with growing population. In Europe, total electricity production was reached 3,791 TWh in 2015 from 3719 TWh in 2014.
Increasing exploration in the industry will further complement the industry growth. In May 2014, International Development Association (IDA) invested $200 million for the development of alternate energy resources in Ethiopia. U.S. Commercial Boiler Market Size, Share - Price Trends Report 2024. Industry Trends U.S. Commercial Boiler Market size was over USD 850 million in 2016 and the annual installation is set to exceed 80,000 units by 2024. East South Central Commercial Boiler Market size, By Capacity, 2016 & 2024 (USD Million) Gas Insulated Substation Market Size - Industry Share Report 2024. Geothermal Heat Pump Market Size, Share - Industry Report 2017-2024. Industrial Gas Turbine Market Outlook, Trends, Industry Report 2024. High energy requirements along with the growing popularity of gas turbine powered cogeneration technologies will foster industrial gas turbine market development.
Global efforts to replace fossil fuel power plants with new gas generation facilities will chart a profitable roadmap for the industry. Enhanced Oil Recovery Market Size – Industry Share Report 2024. Global enhanced oil recovery market size is projected to witness significant growth over the forecast period due to increasing demand of crude oil across developing countries.
It has been anticipated that during the forecast period the import of crude oil will experience exponential growth across non-producing regions which will further enhance the business size. In 2016, Canadian government launched an online map of Clean Energy Resources and Projects (CERP) which stated the Weyburn-Midale project to be the largest CO2 flooding enhanced oil recovery (EOR) project and carbon storage project (CCS) with above 30 million stored CO2. Growing investments to raise the production from the matured and aging wells will drive global enhanced oil recovery market over the forecast timeframe. The method permits to extract the trapped oil from the geological pore spaces. Combined Heat And Power Market Size - CHP Growth Potential 2024. Combined Heat And Power Market Size - CHP Growth Potential 2024. U.S. Industrial Boiler Market Outlook, Industry Research Report 2024. Digital Oilfield Market Size, Trends – Industry Analysis Report 2024.
Power Transmission Components Market, Price Trends, Report 2024. High demand for sustainable energy resulting in large-scale expansion of grid network infrastructure will push Power Transmission Components Market growth. Furthermore, escalating need for electricity as a result of the rapid rise in population will further stimulate the industry trends.