The huge increase in the demand for electricity in developed and developing countries is attributed to the rising pace of industrialization and urbanization in these sovereign states. Moreover, the shift toward renewables has further created new opportunities for growth in the energy and power domain. Allied Market Research recently published a newsletter highlighting the impact of certain industries on the development of the sector. The study provides detailed insights into the various factors driving the landscape.

Shore Power Market

The AMR report on the shore power market offers an in-depth analysis of the latest advancements, key developments, and upcoming trends in the industry. The information is provided to help companies stay updated with the recent happenings in the landscape and gain a competitive edge over their peers in the long run.

Transformer Bushing Market

The transformer bushing market report by AMR places special emphasis on the various growth drivers, restraints, and investment opportunities in the industry to aid companies in developing a complete understanding of the landscape. Furthermore, the primary research provided in the study is backed by facts, data, and statistics obtained from interviews conducted with major stakeholders in the market.

The AMR report on the transformer bushing market states that the industry held a revenue of $1.8 billion in 2023 and is predicted to amass a sum of $3.0 billion by 2033, citing a CAGR of 5.1% from 2024 to 2033. The increasing investments in renewable energy infrastructure have impacted the landscape positively. Moreover, advancements in bushing materials are anticipated to open new avenues for growth in the industry.

Heat Exchanger Market

Allied Market Research recently published a report on the heat exchanger market , dividing the industry into segments based on type, material, and end-use industry. Each of the segments is analyzed in detail by highlighting the various factors influencing the landscape. The exercise is aimed at assisting companies in identifying the key investment areas, thus increasing their footprint globally.

As per the study, the industry is estimated to gather a revenue of $33.2 billion by 2033. The market held a revenue of $19.7 billion in 2023 and is projected to surge at a CAGR of 5.4% during 2024-2033. The rapid pace of technological advancements in the automotive sector is anticipated to bring in numerous opportunities in the industry. Additionally, the rising applicability of heat exchangers in solar energy systems has strengthened the foothold of the landscape in 2024.

The AMR study also states that the landscape, which accounted for $1.1 trillion in 2023, is estimated to gather a sum of $2.5 trillion by 2033, registering a CAGR of 8.5% during 2024-2033. In the last few years, companies and commercial enterprises across the globe have increasingly invested in renewable projects to achieve their environmental, social, and governance (ESG) goals. Furthermore, the rising integration of renewable energy into smart grids is estimated to widen the scope of the market in the coming period.

Hydropower Turbines Market

The AMR report on the hydropower turbines market throws light on the latest developments in the industry, including the notable projects completed across the globe in the last few years. Additionally, the regulations, legislations, laws, and norms enacted by various governments across the globe are also analyzed as part of this exercise.

The study further adds that the market held a revenue share of $3.2 billion in 2023 and is estimated to amass a sum of $5.2 billion by 2033, citing a CAGR of 4.9% during 2024-2033. The persistent demand for sustainable power generation solutions has improved the growth rate of the landscape in 2024. Furthermore, increasing governmental investments in hydropower turbines is predicted to play a major role in the expansion of the market.

According to the report, the market is anticipated to reach $1.4 trillion by 2032 at a CAGR of 9.1% during 2023-2032. The industry held a revenue of $0.6 trillion in 2022. The rapid pace of technological advancements in clean energy systems such as solar panels, wind turbines, battery solutions, etc., is predicted to contribute to the growth of the landscape in the coming period. Moreover, the transition toward electric vehicles has increased the demand for clean energy storage solutions, thus accelerating the market’s growth and success in 2024.

Carbon Capture and Storage (CCS) in the Power Generation Market

Allied Market Research published a report on the carbon capture and storage (CCS) in the power generation market which throws light on the competitive scenario of the industry using scientific analytical tools such as Porter’s five forces. The primary motive behind this exercise is to aid new entrants in understanding how multinational giants operate in this dynamic industry.

The report further adds that the market, which held a revenue share of $131.2 million in 2022, is expected to gather a sum of $450.5 million by 2032, citing a CAGR of 11.7% during 2023-2032. The overall increase in awareness regarding the importance of environmental sustainability to reduce the pace of global warming and climate change is anticipated to augment the growth rate of the industry. Furthermore, the financial support provided by various governments to CCS projects in their countries has expanded the scope of the industry globally.

Cylindrical Li-ion Battery Market

The cylindrical Li-ion battery market report by Allied Market Research provides a comprehensive segmental analysis of the industry based on type, capacity, and end-use. The main aim of this endeavor is to aid companies in making the right investment decisions and taking a lead over their peers in the landscape.

As per the study, the market was valued at $9.1 billion in 2023 and is estimated to surge at a CAGR of 18.6% during 2024-2033. By 2033, the industry is expected to gather a revenue of $49.7 billion. The rising adoption of electric vehicles for private and public transportation has contributed to the growth of the industry in 2024. Moreover, innovations in battery design and manufacturing are anticipated to create several investment opportunities in the landscape in the future.

Heat Pump Market

The Allied Market Research report on the heat pump market highlights the latest industry updates, including strategic alliances and product launches to aid companies in understanding the evolving dynamics of the industry. Furthermore, the report is designed to help new players learn how multinational corporations execute their plans and ultimately dominate the landscape.

The report also indicates that the heat pump industry is estimated to surge at a CAGR of 11.1% during 2023-2032. The market held a revenue share of $71.2 billion in 2022 and is predicted to amass a sum of $201.5 billion by 2032. The growing adoption of smart building systems has increased the demand for heat pumps, thus helping the landscape flourish. Additionally, the integration of advanced technologies such as IoT in heat pumps to monitor various performance parameters has improved the efficiency of these systems, thereby increasing their applicability in various end-use sectors.

AI in Energy Market

Allied Market Research published a report on the AI in energy market which emphasizes the impact of current trends, key drivers, and prevailing investment opportunities in the industry. Furthermore, the study also throws light on the potency of buyers and suppliers in the landscape to aid companies in making customer-centric policies and business decisions.

As per the report, the AI in energy market, which accounted for $5.4 billion in 2023, is estimated to reach $14.0 billion by 2029, registering a CAGR of 17.2% during 2024-2029. The increasing integration of AI-based tools and machine learning algorithms in renewable energy systems has boosted the revenue share of the landscape in 2024. Moreover, the growing adoption of distributed energy resources (DERs) is predicted to bring in new investment opportunities in the market in the coming period.

Contact our experts for in-depth insights into the upcoming trends and investment opportunities in the domain!