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Demand Response Management System Market Will Witness Growth Based On Increased Demand In Residential Sector Till 2025:Grand View Research, Inc.

The global demand response management system (DRMS) market size is expected to reach USD 35.9 billion by 2025, according to a new report by Grand View Research, Inc. The integration of Demand Response (DR) with smart grids and the rising awareness and adoption of automated DRMS by utilities and customers are believed to be the key growth […]

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Pressure Vessel Market To Experience Lucrative Growth Due To The Rising Demand In Oil & Gas Industries Till 2024: Grand View Research, Inc.

The global pressure vessel market is expected to reach USD 225.84 billion by 2024, according to a new report by Grand View Research, Inc. Increasing investment in energy sector is anticipated to be the major driving factor for the industry growth. These vessels are containers designed to hold liquids or gases at high pressure. They have wide […]

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Wind Power Market Driven By Increasing Need To Replace Conventional Sources Of Energy With Renewable Energy Till 2020: Grand View Research, Inc.

Global wind power market is expected to reach 760.35 GW by 2020 on account of increasing regulatory support from governments particularly in Europe in order to reduce carbon emissions. Furthermore, financial incentives and tax benefits in countries such as U.K., Italy, Brazil, Spain, U.S. and China have fuelled growth leading to a significant market share in overall […]

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Solar Cell Market To Be Driven By Rising Penetration Of Renewable Energy Sources Owing To Environmental Benefits Till 2022: Grand View Research, Inc.

Global solar cell industry is expected to reach over 1,087.0 GW by 2022 owing to increasing demand for electricity coupled with rising consumer awareness regarding environmental benefits of renewable energy sources. Stringent government regulations in various economies to encourage use of solar energy through incentives and feed-in-tariffs is also anticipated to drive demand over the forecast period. […]

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Well Cementing Services Market Size Will Reach USD 11.08 Billion By 2024: Grand View Research, Inc.

The global well cementing services market is expected to reach USD 11.08 billion by 2024, according to a new report by Grand View Research, Inc. Rising drilling activities to recover unconventional hydrocarbons such as shale and tight gas coupled with rehabilitation activities in existing oil & gas fields is expected to remain a key driving factor for […]

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Lead Acid Battery Market To Witness Growth Based On Rising Utilization Of Energy Storage Systems In Industries Including Mining And Oil & Gas Till 2025: Grand View Research, Inc.

The global lead acid battery market is expected to reach USD 84.46 billion by 2025, according to a new report by Grand View Research, Inc. Expansion of the automotive industry in China, India, Brazil, Mexico, South Africa, Indonesia, and Germany is anticipated to drive industry growth. Furthermore, increasing utilization of energy storage systems and UPS in industries […]

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Flue Gas Desulfurization (FGD) Market Demand Is Expected To Increase Owing To Growth In Demand For Electricity Till 2020: Grand View Research, Inc.

The Global Flue Gas Desulfurization (FGD) Market is expected to reach USD 23.69 billion by 2020, according to a new study by Grand View Research, Inc. Flue gas desulfurization market demand is expected to increase owing to growth in demand for electricity. In addition, stringent government regulations regarding emissions of harmful gases in the environment are also expected […]

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Fuel Cell Market Will Witness Growth Based On Rising Demand For Unconventional Energy Sources Till 2025: Grand View Research, Inc.

The global fuel cell market is expected to reach USD 24.81 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for unconventional energy sources is one of the key factors driving the global fuel cell market. Fuel cell is one of the fastest growing alternate backup power options primarily due to […]