Category Archives: Energy & Environment Press Release

Organic Fertilizers Market Analysis by Trends, share, Top key players & Forecast to 2025

Growing awareness regarding the nutritional advantages of organic fertilizers and innovations in manufacturing process of organic fertilizers will increase the ****** Organic Fertilizers Market in upcoming year. Moreover, shifting preference among farmers for biological farming owing to rise demand for non -chemical food products will influence organic fertilizers market growth. Additionally, environmental benefits and reduced soil degradation are among key properties driving product adoption. Further, Technological advancements and product innovation to improve soil fertility has further encouraged product demand. Environmental policies to minimize non-biodegradable raw material consumption and reduce health hazards caused due to chemical agricultural inputs will support business growth. However, lower nutrient content, plant growth and efficiency as compared to chemical alternatives may hamper business growth. According to BlueWeave Consulting, The ****** Organic Fertilizers Market is expected to grow with a significant rate during the forecast period,2018-2025, owing to government and non-profit organization’s initiatives to promote and support natural based farming practices will propel the organic fertilizers market growth.

Cables and Accessories Market Growth Prospects 2022 and Projected to Reach $158.25 billion

The ****** cables and accessories market is estimated to reach USD 121.63 Billion in 2017, and is further projected to reach USD 158.25 Billion by 2022 growing at a CAGR of 5.40%. The market is set to witness growth, due to increasing urbanization, industrialization, and rising demand for electricity from the industrial, commercial, and residential sectors.

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Blockchain in Energy Market worth $7,110.1 Million by 2023

The blockchain in energy market is expected to grow from an estimated USD 394.3 million in 2018 to USD 7,110.1 million by 2023, at a CAGR of 78.32%. Increasing popularity of the blockchain technology in the energy sector and the rising security concerns across the globe are likely to drive the blockchain in energy market.

 

The services segment led the blockchain in energy market in 2017, as most of the companies are tying up with various blockchain startups to implement blockchain operations such as energy trading, grid management, and supply chain management. Energy trading includes peer-to-peer energy trading, smart contracts, and real-time pricing, which would help increase transparency between transactions, data management, data visibility, and inter-system communications.

Offshore ROV Market worth $943.1 Million by 2023

The offshore ROV market is estimated to be USD 802.9 million in 2018 and is projected to reach USD 943.1 million by 2023, at a CAGR of 3.27% from 2018 to 2023. The market is set to grow due to increasing offshore oil & gas discoveries in prominent countries and rise in demand for oil & gas.

 

The offshore ROV market has been segmented, by application, into Drilling and Well Completion Support, Construction Support, Inspection Repair & Maintenance Services, Remote Subsea Intervention Tooling Design and Build, and Subsea Engineering Services. The Drilling and Well Completion Support segment is estimated to hold the largest market share by 2023. The market growth in the segment is driven by the increasing deep water offshore activities in Angola and ultradeep water in Brazil.

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Offshore Wind Market to Witness a Massive Growth by 2022

The offshore wind market is projected to reach USD 55.11 billion by 2022, at a CAGR of 15.32% from 2017 to 2022. The offshore wind market has been rapidly growing, especially in Europe as it contributed the European Union (EU) to meet its   renewable energy targets for 2020. The ****** demand for electric power is increasing due to various factors such as urbanization, increased industrialization, and economic development among others. Rising energy demand and energy efficiency mandates drive the demand for the offshore wind market. The offshore wind market is gaining acceptance due to its high capacity factor which makes it an important renewable resource to help in the reduction of CO2 emissions. Moreover, countries like China and the U.S. are also focusing on emission reduction.

Distributed Generation Market worth $103.38 Billion by 2022

The distributed generation market is expected to grow from an estimated USD 60.04 Billion in 2017 to USD 103.38 Billion by 2022, at a CAGR of 11.48%. The market is set to witness growth, due to increasing mandates to reduce ****** greenhouse gas emissions and rising demand for electricity from the industrial, commercial, and residential sectors.

 

The on-grid segment is expected to hold the largest share of the distributed generation market, by application, during the forecast period

DC Circuit Breaker Market worth $3.2 billion by 2024

According to the new market research report DC Circuit Breaker Market by Voltage (Medium Voltage and High Voltage), Type (Solid-State and Hybrid), Insulation (Vacuum and Gas), End-User (T&D utilities, Power generation, Renewables, and Railways) and Region – ****** Forecast to 2024″, published by MarketsandMarkets™, the DC Circuit Breaker Market is expected to grow from an estimated USD 2.3 billion in 2019 to USD 3.2 billion by 2024, at a CAGR of 6.54%. Increasing investments in the electrical networks, increasing demand for reliable and secure power supply worldwide, and growing adoption of renewable energy sources across the globe are likely to drive the DC Circuit Breaker Market.  Aging Power Infrastructure, rising electrification projects and adoption of the HVDC technology, can lead to opportunities in the DC Circuit Breaker Market.

Variable Frequency Drive (VFD) Market Latest Trends and Forecast 2018 – 2023

The ****** variable frequency drive (VFD) market is projected to reach USD 27.57 billion by 2023, at a CAGR of 5.87%, from an estimated USD 20.73 billion in 2018, by value. The growth of the VFD market is mainly driven by the increased usage of VFDs across major industry verticals, industrialization and urbanization, and increasing focus on energy efficiency.