Global investments in renewable power and clean energy continue to grow all over the world with continued upgrade in energy policies. Decreasing costs, continued research in technology improvements, and influence of new financin ....see more
The top 10 power generation technologies market is expected to grow from an estimated USD 64.15 Billion in 2016 to USD 85.40 Billion by 2021. Factors such as increase in electricity consumption and subsequent investment in power generation capacity, and modernization of existing power generation infrastructure are driving the market worldwide.
The hybrid power solutions market is expected to grow from an estimated USD 466.5 Million in 2016 to USD 689.5 Million by 2021, registering a CAGR of 8.1% from 2016 to 2021. The global market is witnessing significant growth due to growth in hybrid power generation in off-grid sites, reliable power generation with minimized fuel, reduced operation and maintenance cost, and reduction in carbon emission.
The string inverter market is expected to grow from an estimated USD 2.61 Billion in 2016 to USD 3.89 Billion by 2021, registering a CAGR of 8.29% from 2016 to 2021. The global market is witnessing significant growth due to decrease balance of system cost, remove systems monitoring capabilities, and easy installation & customization.
The size of the global carbon capture & sequestration market is estimated to be USD 4.25 Billion in 2016, and is projected to grow at a CAGR of 13.6% from 2016 to 2021, to reach USD 8.05 Billion by 2021. Market growth is driven by factors such as the growing demand for power & CO2-EOR techniques and rising environmental concerns worldwide.
The Direct Methanol Fuel Cells (DMFC) market is expected to reach USD 188.82 Million by 2020, at a CAGR of 15.3% from 2015 to 2020. The growing demand for clean energy has been accompanied by depletion of fossil fuels, which has shifted the focus toward fuel cell markets. The DMFC market is still in its initial development phase in all the regions due to slow infrastructure development for refueling of fuel cells, technical limitations, and use of expensive materials for its manufacturing. Government initiatives and grants for fuel cell research, investments from financial institutions, high-energy storage density as compared with batteries and other fuel cells, growing demand for clean energy, and use of cheaper metals for its manufacturing are driving the growth of the global DMFC market.
Solar energy is amongst the most reliable and clean energy resources, and proves to be a viable alternative to fossil fuels that are currently responsible for polluting the environment and contributing to global warming. Solar energy is generated through various technologies viz. solar PV, solar thermal, concentrated solar thermal/power, and concentrated PV.
The report 'Coal Bed Methane (CBM) Market by Technology, Geography, Application, Regulation, Market Trends & Global Forecasts (2011 – 2021)' by MarketsandMarkets focuses on current reserves, basins, project developments, production as well as future potential. It identifies major drivers, restraints, opportunities and their current and future impacts. The report also includes company profiles for top players, competitive landscape and patent analysis.
Increasing demand of electricity and environmental concerns has put the pressure on countries to increase the focus on renewable energy. Governments support in terms of favorable policies and incentives, and advantages over other renewable energies are continuously increasing the production capacity of biofuels worldwide.
Waste-to-energy (WtE) is the process wherein waste is treated to generate energy. This report looks at the WtE current and emerging technologies, key players in the market and the commercialization of such technologies.
The growing demand for energy is expected to exhaust the world’s crude oil reserves in another 40 years. The market price of crude oil reached $145 per barrel in the third quarter of 2008. Though the cost per barrel was around $60 in 2009, it is expected to rise in the next few years. These factors and fluctuating costs have created the need for other resources to meet the growing demand for fuel oil.
Global Wind Turbine Market, a rapidly growing market segment of global energy, has recorded double digit annual growth in past ten years and the market is expected to maintain this growth till 2015 by reinstalling and addition of new generation turbines as well as increasing the size and efficiency of the turbines.
This report provides indepth market assessment of the renewable energy. In this report, we have analysed the commercilisation angle for the technologies including Hydroelectricity, solar hot water/heating, geothermal energy, wind power, solar power, and ocean energy.