The biomass gasification market was valued at USD 107.7 billion in 2022, and this number is projected to reach USD 187.3 billion by 2030, advancing at a CAGR of 7.16% during 2022–2030, according to P&S Intelligence. This development can be credited to the growing environmental awareness among the people, increasing GHG releases, and rising acceptance of eco-friendly power sources. The...

An innovative technique called carbon capture and storage is utilized to capture and store carbon dioxide (CO2) created during the combustion of fossil fuels in the production of energy and industrial activities. Approximately 90% of the Emissions of co2 may be captured by the device, preventing it from entering the environment. The CO2 is either used to make valuable goods later on or is kept...

The rising prevalence of road accidents and the increasing awareness amongst the people about passenger and vehicle safety are some of the key factors fuelling the rising demand for airbags in cars in India. The vehicular population in the country has tripled over the last decade and this is one of the major factors responsible for the heavy road traffic congestion in the country. Moreover, the...

The European Heart Network (EHN) estimates that cardiovascular diseases (CVDs) are responsible for 3.9 million deaths in Europe each year. Furthermore, the Cancer Atlas reveals that nearly 3.9 million new cancer cases and around 1.9 million cancer deaths were recorded in Europe in 2018. Additionally, the World Health Organization (WHO) states that approximately 60 million people in Europe are...

In 2021, the size of the fertigation and chemigation market was $12,005 million, and will reach about $21,435 million by the year 2030, advancing with a growth rate of about 7% in the coming years. This can be credited to the cumulative use of fertilizers for additional crop production and increasing consciousness concerning water use and scarcity. Furthermore, the increasing popularity of drip...

Factors such as the escalating concerns over the rising greenhouse gas emissions and mounting need for biodiesel-based fuel, owing to the environmental concerns associated with fossil fuel combustion, will steer the biodiesel market growth during the forecast period (2021–2030). According to P&S Intelligence, the market revenue reached around $39.0 billion in 2020. Besides, the...

The hydrogen energy storage market was valued at USD 14,100 million in 2022, and it is set to reach USD 304,108 million by 2030, growing at a CAGR of 46.80% between 2022 and 2030, according to a research report by P&S Intelligence.  Hydrogen energy storage solutions are projected to experience extensive acceptance in the future, owing to reasons, including growing concentration on...

In 2022, the solid oxide fuel cell market was worth around USD 470 million, and it is projected to advance at a 34.4% CAGR from 2022 to 2030, hitting USD 5,005 million by 2030, according to P&S Intelligence.  This growth can be credited to the long-term constancy, greater effectiveness, and fuel flexibility of solid oxide fuel cells, the growing government grants and research and...

The increasing number of construction activities in the emerging economies is fueling the surge in the sales of fire extinguishers. In countries such as India, Indonesia, and China, huge investments are being made in the construction sector. These investments are also being made in many developed countries such as Japan, Saudi Arabia, and the U.S. With the rapid development of commercial...

Traditionally, water meters are challenging to read and not accurate. People are not very comfortable with a meter reader entering their property for getting a reading. Modern smart meters offer a variety of benefits for customers. Smart meters are part of the IoT, and they transmit data through wireless networks and the internet directly to the provider. This blog will help you understand the...