Technotrends

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About Technotrends

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Power Plant Boiler Market Is Expected to Grow Tremendously By 2031 - General Electric, Doosan Corp.,

Technotrends21 Aug, 2023Business

A power plant boiler is a device that generates steam by heating water to produce electricity. The steam produced is then used to drive turbines that generate electricity. Power plant boilers are critical components of thermal power plants and are used to produce steam at high temperatures and pressures.

Hydrogen Generation Market to Register Unwavering Growth During To 2031

Technotrends21 Aug, 2023Business

Hydrogen production is the family of industrial methods for generating hydrogen gas. As of 2020, the majority of hydrogen (?95%) is produced from fossil fuels by steam reforming of natural gas and other light hydrocarbons, partial oxidation of heavier hydrocarbons, and coal gasification. The hydrogen generation market size was valued at $136.3 billion in 2021, and the hydrogen generation industry is estimated to reach $262.0 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031.

Residential Heat Pump Market Foreseen to Grow Exponentially Over 2030

Technotrends17 Aug, 2023News

A residential heat pump is a highly efficient and versatile heating and cooling system that provides comfort and energy savings for homes. It operates by extracting heat from the outdoor air or ground and transferring it indoors during cold weather and reverses the process to provide cooling during hot weather. The heat pump works by utilizing a refrigeration cycle to absorb heat from one area and release it in another, providing a consistent and comfortable indoor environment throughout the year.

Solid State Battery Market to Discern Magnified Growth During 2020 – 2030

Technotrends11 Aug, 2023News

Solid state battery is a technology, which utilizes both solid electrodes and solid electrolytes. It is an ideal substitute of conventional lithium-ion battery. Solid state batteries are smaller, have higher capacity, and cheaper compared to current liquid-based lithium-ion batteries. Industry giants focus on developing a battery, which contains solid electrolyte and is non-inflammable. Current lithium-ion batteries are flammable and produce lot of heat. As a result, manufacturers focus on developing and using improved solid-state batteries.

Lighting Transformer Market Growth, Trends, Opportunities, and Forecast to 2031

Technotrends11 Aug, 2023Business

Lighting transformers are transformers that are specifically utilized to work with lighting. A transformer that is used to decouple two circuits is known as an isolation & illumination transformer. These transformers frequently have symmetrical windings with a ratio of 1:1. Increase in the application of transformers in residential and commercial areas is expected to offer opportunities for growth of the market in the near future.

Fusion Energy Market Detailed Insights on Upcoming Trends 2030 – 2040

Technotrends08 Aug, 2023Business

The fusion energy market is gaining worldwide attention from private billionaires to governments and institutions. The investments are pouring in for research and development activities and for conducting experiments. However, the market is in the nascent stage, and many executives advocating fusion energy as the future of power generation are claiming to have the process ready by the end of this decade. The market is being encouraged owing to support from the government as well which is in continuous pursuit of finding clean energy sources with little to no carbon emissions.

Digital Utility Market to Undertake Strapping Growth During 2032

Technotrends08 Aug, 2023News

Digital utility refers to the multifaceted use and integration of digital technologies and data-driven solutions to enhance the efficiency, effectiveness, and overall value of various services, processes, and systems in both the public and private sectors. It involves leveraging digital tools, such as advanced analytics, automation, cloud computing, artificial intelligence (AI), Internet of Things (IoT), and other emerging technologies, to optimize resource allocation, improve decision-making, streamline operations, and deliver personalized experiences to users. The digital utility market was valued at $214.19 million in 2022 and is estimated to reach $594.2 million by 2032, growing at a CAGR of 10.8% from 2023 to 2032.

Cast Resin Dry Type Transformer Market to Discern Magnified Growth during 2021 - 2030

Technotrends04 Aug, 2023Business

Cast resin dry type transformers are magnetic core transformers in which the windings and core are kept in a sealed tank that uses air as a cooling medium instead of oil or other liquids as in a typical liquid-filled transformer. In a cast resin dry type transformer, high-voltage (HV) and low-voltage (LV) windings are completely impregnated and cast under vacuum in epoxy resin. This encapsulation helps prevent moisture to penetrate the winding material. The insulating material offers excellent fire hazard protection; thereby, suitable for indoor installations. This makes them the preferred choice for underground or city-building substations that require site-specific fire prevention and fire contingency-management strategies.

Thermal Power Plant Market to Undertake Strapping Growth during 2030

Technotrends04 Aug, 2023Business

The global thermal power plant market is expected to head toward expansion in the coming years, owing to a rise in demand for electricity from residential, commercial, and industrial sectors. Upcoming power generation projects, a rise in industrialization, and an increase in consumption of electricity on account of the rise in energy needs in day-to-day life, especially from developing markets, is expected to have a positive impression on the market growth.

Gasification Market to Witness Huge Growth by 2032

Technotrends02 Aug, 2023News

The global gasification market size was valued at $472.20 billion in 2022 and is estimated to reach $836.6 billion by 2032, growing at a CAGR of 5.7% from 2023 to 2032. Gasification is a process that converts carbonaceous materials, such as coal, biomass, or municipal solid waste, into a gaseous fuel called syngas (synthetic gas). It involves heating the feedstock at high temperatures in an oxygen-limited environment, resulting in the partial oxidation of the material. During gasification, the carbonaceous material reacts with a controlled amount of oxygen or steam, producing a mixture of gases composed mainly of carbon monoxide (CO), hydrogen (H2), carbon dioxide (CO2), methane (CH4), and other trace gases. The ratio of oxygen to carbon is carefully regulated to achieve the desired composition of the syngas.