According to a new report by UnivDatos Market Insights, The Uninterruptible Power Supply Market, is expected to reach USD 14.0 Billion in 2030 by growing at a CAGR of 3.4%. UPS stands for Uninterruptible Power Supply, which is a device that maintains power in the event of a failure, such as a power outage or drop in voltage. A UPS …
According to a new report by UnivDatos Market Insights, Submarine Power Cable Market is expected to reach USD 19,767.42 Million in 2030 by growing at a CAGR of 10.3%. As the world’s population continues to grow, the energy demand is also increasing, creating a enormous demand for submarine power cables to connect islands with the main grids and increasing cross-border …
Solar power is booming. The global solar PV capacity increased from 1.4 GW in 2000 to 760 GW in 2020, and solar power currently generates nearly 4% of the world’s electricity. Currently, more than 90% of photovoltaic (PV) panels depend on crystalline silicon and have a life span of about 25 years. These panel will reach their end-of-life after that …
According to a new report by UnivDatos Market Insights, the Nuclear Fusion Market is expected to reach USD XX Billion in 2040 by growing at a CAGR of 6%. Furthermore, the increasing need for sustainable energy sources and rising concerns over climate change and depleting fossil fuel reserves have catapulted nuclear fusion into the mainstream due to its potential to …
According to a new report by UnivDatos Market Insights, the MENA Port Equipment Market is expected to reach USD 2.64 Billion in 2030 by growing at a CAGR of 6.10%. The Middle East and North Africa (MENA) region have emerged as crucial hubs in global trade, fostering substantial development in port infrastructure. The demand for port equipment within MENA has …
Solar Energy Overview Solar power is one of the most promising sources of renewable energy, and solar PV cells are at the heart of this technology. These cells are made up of photovoltaic materials that convert sunlight into electricity, and they have the potential to provide a clean, sustainable source of energy for decades to come. The importance of solar …
According to a new report by UnivDatos Market Insights, Biomethane Market, is expected to reach USD 5,082.2 Million in 2030 by growing at a CAGR of 4.4%. Biomethane is a climate-friendly fuel because it has a low influence on global warming, as methane traps heat in the atmosphere 25 times more effectively than carbon dioxide. It also contributes to various …
Arcelor Mittal is a steelmaking company that aims to achieve net zero emissions by 2050. To reach this goal, the company plans to transition from blast furnaces to green hydrogen-based steelmaking in Europe and Canada. However, there is a concern as the company is still building coal-consuming blast furnaces in India. In 2020, Arcelor Mittal Europe announced its CO2 technology …
North America has a well-established research and development infrastructure, which has enabled the development of advanced fuel cell technology. The region has many several leading research institutions and universities that are conducting research into fuel cell technology, as well as government agencies that are providing funding and support for this research. Additionally, there is a growing demand for fuel cell-powered …
The oil and gas accumulator is defined as hydro-pneumatic equipment and is used to store non-compressible fluid under extreme conditions. Additionally, the oil and gas accumulator is used to monitor, control, and seal oil wells from high pressure in order to prevent the release of crude oil from the oil wells. The oil and gas accumulator is also able to …