8.7% during the forecast period, states
Fortune Business Insights™ in its report, titled “
Middle East and CIS Power Generator Rental Market, 2021-2028”. The report also states that the value of the market stood at
USD 2.54 billion in 2020.
Rising Investments in Renewables in the Middle East to Boost Market Growth
The oil-rich countries of the Middle East are taking active steps to wean their economies off the dependence on hydrocarbons to renewable, clean energy sources. As a result, investments in renewables in Middle Eastern countries have been steadily increasing. According to the International Renewable Energy Agency (IRENA), the Arab countries invested just USD 1.2 billion in renewables in 2008; in 2016, these investments stood at USD 11 billion in the region. Similarly, in its World Energy Investment Report 2020, the International Energy Agency (IEA) has reported that countries in the Middle East have reduced their spending on gas-fired power generation systems. P
Global Solar Highway Market (2021 to 2026) - Featuring Solar Roadways, Colas and Shandong Pavenergy Among Others
April 07, 2021 05:13 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
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Global solar highway market is projected to witness a double-digit compound annual growth rate during the forecast period. According to a recent study in 2016, 80% of the Earth s surface is without roads.
It is estimated that from 2010 - 2050 the roads will increase globally by more than 60%. Although roads aid in connectivity they also cause a lot of damage to the natural habitat. This innovation of Solar Highways has a positive impact on the environment.
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The global solar energy market is expected to grow at a compound annual growth rate of 5.12% over the forecast period to reach a market size of US$267.747 billion in 2026 from US$68.579 billion in 2019.
The global solar energy market is growing at a significant rate in the recent years and have been expected to increase more in the upcoming years. The major driving forces for such a growth in this market are increasing concerns of the economies towards the environment sustainability and decarbonization making the power energy companies to improvise their technology towards renewable sources in an efficient way. To support this, governments are also providing the rebate policies to further promote the renewable energy market. Solar energy comes up as third renewable source of energy across the world, and one of the reliable sources from household consumption s point of view. People can have solar energy syst
Press release content from Business Wire. The AP news staff was not involved in its creation.
Worldwide Rapid Liquid Printing Industry to 2026 - Featuring 3D Systems, Autodesk and Dassault Systemes Among Others - ResearchAndMarkets.com
April 9, 2021 GMT
DUBLIN (BUSINESS WIRE) Apr 9, 2021
The rapid liquid printing market is set to expand at a promising growth rate of 36.28% to reach US$607.119 million by 2026 from US$69.542 million in 2019.
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Rapid liquid printing can be defined as the next generation 3D printing technology. It was developed by the Self-Assembly Lab from the Massachusetts Institute of Technology (MIT) in collaboration with Steelcase, a company known for furniture and interior design. Rapid liquid printing makes use of a viscous gel, this gel, when kept in a tank or vat, allows us to draw shapes which are then chemically cured into the solid product we desire. This final product can then be removed from the vat easily. This process enables building u
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The global circuit breaker market is projected to reach US$8.196 billion by 2026, at a CAGR of 6.08%, from an estimated US$5.422 billion in 2019.
The market is expected to be driven by the increasing projects of renewable energy, efficient energy infrastructure and increasing developmental projects, as they are in turn increasing the demand for the electricity consumption (especially in developing countries). Rapid industrialization and urbanization in the countries along with the use of the sustainable energy sources (renewable energy) caters the increase in demand for power consumption in the economies, which in turn is increasing the demand for the circuit breakers in the upcoming years. Though, intense competition from the gray market and stringent environmental and safety regulations are impacting the market.