The biopellet energy market is witnessing a global surge, driven by the ever-increasing demand for renewable energy sources. However, within this landscape, Europe stands out as the undisputed leader, holding the dominating share in the biopellet energy market. This dominance can be attributed to a confluence of factors that have fostered a thriving biopellet industry within the European Union...

According to a new report by UnivDatos Market Insights, the Bifacial Solar Market was valued at USD 9.2 Billion in 2023 and growing at a CAGR of 15.83%. The solar energy market has been developing constantly during the past ten years with the help of technology that influenced the prices and effectiveness of energy. One of the most promising is bifacial solar technology which has attracted...

The Syngas Market was valued at USD 48 Billion in 2023 and is expected to grow at a CAGR of 6.3% during the forecast period (2024-2032). The syngas market, which plays a vital role in the global energy and chemical industries, has been drawing considerable interest in recent years due to its applications and the need for new sources of clean energy. Syngas also known as synthesis gas, CO, H2,...

According to a new report by UnivDatos Market Insights, the Middle East Natural Gas Storage Market was valued at USD 4.6 Billion in 2023 and growing at a CAGR of 3.2%. Middle Eastern regions considered to be highly endowed with hydrocarbons are witnessing major changes in the natural gas storage market. Due to increasing global trends towards the use of clean energy sources, natural gas is now...

According to a new report by UnivDatos Market Insights, the India Heat Transfer Fluids Market was valued at USD 840 Million in 2023 and growing at a CAGR of 3.2%. The market for heat transfer fluids (Heat transfer fluids) in India is growing steadily due to the significant industrialization taking place and the need for more effective thermal management throughout many industries. Heat...

The market for gear motors around the world has expanded in the recent past due to technological developments and increasing demand, increasing automation, and increasing demands for energy-efficient solutions. Gear motors can be described as a motor and a gear system that work hand in hand in most industries as they provide accuracy, reliability, and efficiency in operations. This article...

According to a new report by UnivDatos Market Insights, the Middle East Solid State Transformer Market was valued at USD 100 million in 2023 and growing at a CAGR of 12.3%. The Middle Eastern market has a growing need for solid-state transformers owing to their several benefits compared to conventional oil-immersed transformers. The efficiency of solid-state transformers is higher due to...

According to a new report by UnivDatos Market Insights, India's gas-insulated switchgear Market was valued at USD 2 Billion in 2023 and growing at a CAGR of 6.5%. The Indian gas-insulated switchgear (GIS) market is in the progressive phase of its life cycle with more advanced technology, government-supporting policy, and growing requirements for effective power systems. Thus, the...

According to a new report by UnivDatos Market Insights, the India LPG Market was valued at USD  15 Billion in 2023 and growing at a CAGR of 3.4%. Indian LPG market has in recent years witnessed tremendous growth and dynamic change. PMUY has been one of the most effective government schemes to boost the uptake of LPG in India. PMUY was launched in 2016, giving over 90 million new LPG...

According to a new report by UnivDatos Market Insights, Small Hydropower Market, is expected to reach USD 3.7 Billion in 2032 by growing at a CAGR of 3.1%. The global small hydropower market is driven by the increasing demand for renewable energy, supportive government policies and incentives, and the need for sustainable power generation solutions. Regions with abundant water resources, such...