Market Research Future Insights According to MRFR analysis, the global Offshore Wind market is expected to register a CAGR of ~21% from 2022 to 2030 and hold a value of over USD  117.6 billion by 2030.  Offshore wind refers to the process of generating electricity from wind turbines located in the ocean or sea. Offshore wind farms are usually situated in shallow waters near...

Market Research Future Insights: The global Genset market is quite dynamic and is anticipated to grow rapidly over the coming years. The increased need for a consistent and dependable power source has a significant impact on the increased use of generator sets across numerous industries. Additionally, there is a growing demand for power backup devices, which are supplied by generator...

Market Synopsis As per the research by Market Research Future Reports (MRFR), the global portable solar charger market is estimated to value USD 0.9 million by 2032 with a rising CAGR of 17.50% from 2023 to 2032. The most important growth factors of the global portable solar charger market 2023 comprise of increase in the adoption of smart and portable solar equipment. The global...

Market overview: The Distributed Control System Market to reach USD 35,241.3 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 6.1% during the estimated time frame. The central point driving the appropriated control framework market incorporates thriving force areas and expanded force age limits worldwide, developing a modern foundation in developing business sectors, and...

Global Diesel Generator Market Driven by Continuous Power Outages Diesel generator solutions leverages the internet to control the environment in offices and homes using parameters of amount of natural light, occupancy, temperature, and movement. MRFR’s report on the diesel generator market outlines drivers and opportunities for the forecast period (2023-2030). The sudden...

Market Overview The Smart Meters Market Report by Market Research Future (MRFR), states different factors that can impact the market across the assessment period, along with the impact of COVID-19 on it. The rise of the Smart Meters Market Size and change in the Smart Meters Market Share in different regions are expected are elaborated in the report. The increase in popularity of...

A diesel genset is a type of generator that uses a diesel engine to generate electricity. The engine drives an alternator that produces electrical power, which can be used as a backup power source in case of a power outage or off-grid applications. The COVID-19 pandemic has had a significant impact on the diesel genset market, with both positive and negative effects.  The...

Market Research Future Insights The industry and related activities involved in the creation, creation, and deployment of hydrogen-based energy storage devices are collectively referred to as the hydrogen energy storage market. These systems collect hydrogen from renewable energy sources, such wind or solar energy, store it, and then use it to power fuel cells or combustion processes to make...

A solar hybrid inverter is an electronic device that combines the functions of a solar inverter and a battery inverter, allowing homeowners and businesses to store excess solar energy for use later when the sun is not shining. Solar hybrid inverters are becoming increasingly popular as they allow for greater energy independence and allow users to take advantage of the benefits of both solar...

HVDC (High-Voltage Direct Current) transmission is a technology that is used to transmit electrical power over long distances using direct current (DC) rather than alternating current (AC). HVDC transmission is used to connect remote renewable energy sources to the power grid, as well as to transmit power between countries and continents.  The global HVDC Transmission market is...