Group items tagged

The Global Nuclear Medicine Market is projected to witness a compound annual growth rate of 7.80% during the forecast period to reach a total market size of US$8.537 billion by 2023, increasing from US$5.440 billion in 2017. The global nuclear medicine market is expected to attain a larger market size in the coming years owing to higher incidences of cancer and cardiac ailments, and higher adoption of SPECT and PET scans with improved technologies

Northrook, IL -- (SBWIRE) -- 03/13/2020 -- According to the market report published by MarketsandMarkets™ "Grid-Scale Battery Market by Type (Lithium-Ion, Lead Acid, Flow Battery, Sodium-Based), Ownership-Model (Third-Party, Utility), Application (Renewable Integration, Peak Shift, Ancillary Services, Back-Up Power), and Region - Global Forecast to 2023", the global grid-scale battery market is expected to be valued at USD 1.37 billion in 2018 and is likely to grow at a CAGR of 33.52% during the forecast period to reach USD 5.82 billion by 2023. Factors driving the growth of the market include the increasing investments in renewable energy, reducing costs of grid-scale battery owing to technological advancements and expanded deployment.

The permanent magnet motor market is expected to grow from an estimated market size of USD 29.50 Billion in 2018 to USD 45.13 Billion by 2023, at a CAGR of 8.87%, from 2018 to 2023. The global market is set to witness a significant growth because of the increasing implementation of permanent magnet motors across industries. Growing robotics technology presents a significant opportunity for the permanent magnet motor market.

The current Medical Aesthetic Industry is worth $53.3 billion for both service and product revenue. Over the next five years a CAGR of 5.5% is expected and the market will hit $73.6 billion in 2022. Currently, invasive aesthetic procedures generated revenues of over $27.8 billion, annually. Our analysis indicate that by 2022, invasive aesthetic procedures will grow at a CAGR of 4.3%.

Indian healthcare market is expected to increase threefold to touch $372 billion by 2022, registering a growth of 22% annually

the Oil & Gas Sensors Market is expected to grow from USD 7.4 billion in 2018 to USD 9.4 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period. Download PDF Brochure @ The major factors driving the Oil & Gas Sensors Market include growing IoT in the oil & gas industry. IoT in the oil and gas industry helps in improving operational efficiency, revenue, real-time data, and decreasing safety risk, and environmental footprint.

the grid-scale battery market is expected to grow from USD 1.37 Billion in 2018 to USD 5.82 Billion by 2023, at a CAGR of 33.52% during the forecast period. The growth of this market can be attributed to the increasing investments in renewable energy, reducing costs of grid-scale battery owing to technological advancements and expanded deployment, and government subsidies and regulations for enhancing energy efficiency.

the Oil & Gas Sensors Market is expected to grow from USD 7.4 billion in 2018 to USD 9.4 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period.

The market for vacuum contactor is expected to witness significant growth, with an estimated value of USD 4.1 billion in 2023 and a projected reach of USD 5.5 billion by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 6.1%.

The market for vacuum contactor is expected to witness significant growth, with an estimated value of USD 4.1 billion in 2023 and a projected reach of USD 5.5 billion by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 6.1%. According to a research report "Vacuum Contactor Market by Voltage Rating (1-5 kV, 5.1-10 kV, 10.1-15 kV, 15.1-24 kV), Configuration, Application (Motors, Transformers, Capacitors, Reactors, Resistive Loads), End Users (Utilities, Industrial, Oil & Gas) Region - Global Forecast to 2028″ published by MarketsandMarkets, the global vacuum contactor market is estimated to be valued at USD 4.1 billion in 2023 (Estimate Year) and is projected to reach USD 5.5 billion by 2028 (Forecast Year) growing at a CAGR of 6.1% during the forecast period.

The market for residential energy storage is expected to witness significant growth, with an estimated value of USD 898 million in 2023 and a projected reach of USD 2,081 million by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 18.3%.

The MOSFET relay market is driven by the growth of the increasing adoption of EVs. MOSFET relay relays are used in the batteries of EVs. According to International Energy Agency's Tracking Clean Energy Progress report, EV sales doubled and made up 9% of the car market by the end of 2021 with more cars being sold in the European and Chinese markets. The share of EV car sales is expected to grow by 6% annually until 2031 to reach net zero by 2050. The IEA's scenario for reaching net zero by 2050 sets out a milestone of EVs making up 60% of new car sales by 2030, with more than 300 million EVs on the road by that point. Due to such reasons, the growing EV market is likely to drive the demand of MOSFET relay relays.

The generator market has been experiencing significant growth in recent years, and this trend is expected to continue in the coming decade. According to market research, the generator market size was valued at $23.1 billion in 2023 and is projected to reach $34.5 billion by 2030. This represents a compound annual growth rate (CAGR) of 5.9% from 2023 to 2030. One of the primary drivers of the generator industry is the growing demand for dependable and uninterrupted power supply across a variety of sectors. Generators serve an important role in providing backup power during emergencies or power outages, allowing key operations to continue uninterrupted. This is especially critical in industries like healthcare, manufacturing, data centers, and telecommunications, where even a short power loss can have serious effects.

The MOSFET relay market size is estimated to be USD 237 million in 2022 and is projected to reach USD 474 million by 2030, at a CAGR of 9.1% during the forecast period. The MOSFET relay market is driven by the growth of the increasing adoption of EVs. MOSFET relay relays are used in the batteries of EVs. According to International Energy Agency's Tracking Clean Energy Progress report, EV sales doubled and made up 9% of the car market by the end of 2021 with more cars being sold in the European and Chinese markets. The share of EV car sales is expected to grow by 6% annually until 2031 to reach net zero by 2050. The IEA's scenario for reaching net zero by 2050 sets out a milestone of EVs making up 60% of new car sales by 2030, with more than 300 million EVs on the road by that point. Due to such reasons, the growing EV market is likely to drive the demand of MOSFET relay relays.

The carbon credit trading platform market is experiencing rapid growth as global efforts to combat climate change intensify. These platforms facilitate the buying and selling of carbon credits, which represent the reduction of one metric ton of carbon dioxide emissions. This market plays a crucial role in enabling businesses and countries to meet their emission reduction targets cost-effectively. Market Size and Growth Projections The carbon credit trading platform market is expected to grow to USD 317 million by 2027, with representing a compound annual growth rate (CAGR) of 24.4%​. This growth is driven by increased regulatory pressures, corporate sustainability initiatives, and advancements in trading technologies.

According to a new market research report, the global market for instrument transformers is projected to reach USD 10.6 billion by 2030, showing a growth from the estimated USD 7.1 billion in 2023, with a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. The instrument transformers market is expected to grow due to a rise in the electricity demand, grid modernization, and the focus on renewable energy integration.

Chicago, Aug. 08, 2024 (GLOBE NEWSWIRE) -- The global Hydrogen Compressors Market size is expected to grow from USD 2.1 billion in 2023 to USD 2.6 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 4.5% according to a new report by MarketsandMarkets™. The growth of the Hydrogen Compressors Market is propelled by various factors. A significant driver is the rising demand for hydrogen across diverse sectors, including energy generation, transportation, petrochemicals, and chemicals. This demand surge is a pivotal force behind the market's expansion. The push for clean energy solutions and the establishment of more hydrogen production plants and pipelines further contribute to the market's upward trajectory. Additionally, advancements in technology and the emergence of innovative hydrogen production methods, such as electrolysis using solar and wind power, present growth opportunities for the market. The Asia Pacific region is anticipated to take a leading role in the Hydrogen Compressor Market, driven by substantial demand from countries like China, India, and Japan. Despite the initial high costs associated with compressors, the increasing global demand for hydrogen and the ongoing development of hydrogen technology are key factors propelling the market's growth.

The global hydrogen generation market size was valued at $158.8 billion in 2023 and is expected to hit around $257.9 billion in 2028, growing at a compound annual growth rate (CAGR) of 10.2% from 2023 to 2028.

The MOSFET relay market size is estimated to be USD 237 million in 2022 and is projected to reach USD 474 million by 2030, at a CAGR of 9.1% during the forecast period. The MOSFET relay market is driven by the growth of the increasing adoption of EVs. MOSFET relay relays are used in the batteries of EVs. According to International Energy Agency's Tracking Clean Energy Progress report, EV sales doubled and made up 9% of the car market by the end of 2021 with more cars being sold in the European and Chinese markets. The share of EV car sales is expected to grow by 6% annually until 2031 to reach net zero by 2050. The IEA's scenario for reaching net zero by 2050 sets out a milestone of EVs making up 60% of new car sales by 2030, with more than 300 million EVs on the road by that point. Due to such reasons, the growing EV market is likely to drive the demand of MOSFET relay relays.