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Miller Brian

About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corpo




  • Articles Posted: 9
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All-Vanadium Redox Flow batteries was esteemed at USD 163.73 million out of 2020 and will develop with a CAGR of 7.45%

  • 30 Sep 2021
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Market overview:Vanadium redox battery (VRB) (or vanadium flow battery) is a sort of battery-powered flow battery that stores substance potential energy definitively by utilizing vanadium particles in different oxidation states. In arrangement, vanadium can exist in four diverse oxidation states. Vanadium redox flow batteries utilize this property of vanadium to make a battery with a solitary electroactive component rather than two. Vanadium redox flow batteries are widely used in applications that require large-scale energy storage because they have several other advantages including long life cycle, high efficiency, flexible design, and improved safety.Recent developments:Transmission and conveyance network administrator Hokkaido Electric Power has contracted Sumitomo Electric Industries to supply a matrix scale

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energy consumption market is expected to reach USD 86.9 billion by 2026, up from USD 52.0 billion in 2020, with a CAGR of 10.8%.

  • 29 Sep 2021
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Market overview:In the context of global warming and the global commitment to mitigate the adverse effects of climate change, promoting the transition from energy consumption to clean and renewable alternatives is an imperative mission. The Energy Consumption Structure (ECS) is defined as the composition and proportion of each type of energy consumed (such as coal, oil, natural gas, nuclear energy and other renewable energies) in relation to the total energy consumption.Recent developments:Schneider Electric, a leader in the digital transformation of energy management and automation, announced today at CES 2021 the expansion of its Wiser smart home ecosystem, deepening the discussions around the smart and sustainable home. The Wiser line marks

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marine engine market CAGR of 3.18% during the conjecture time frame (2021 - 2026).

  • 23 Sep 2021
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Market overview:The primary variables driving the development of the marine engine market incorporate the development of worldwide freight transportation, the development of oceanic tourism, and the expanding reception of brilliant engines for situational awareness and security.Recent developments:MAN has introduced the successor to its 48 / 60CR engine in the company's range of high-performance four-stroke diesel engines.Market Drivers and Restrains:Shipping is considered the backbone of international trade. According to data published by the International Chamber of Shipping (United Kingdom), around 90% of the global volume of merchandise trade is carried out by sea, as this route is cheaper than rail and road transport. The countries of Asia and the Pacific have become the main suppliers

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synthetic quartz market is expected to reach $ 95.0 million in 2022, at a CAGR of 5.6% from 2017 to 2022.

  • 21 Sep 2021
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Market overview:Quartz is the second most abundant mineral available in the earth's crust and is made up mainly of materials such as oxygen and silicon and has the chemical formula Sio2. Quartz are categories in both natural and synthetic form. Synthetic quartz is produced in the autoclave reactor through the hydrothermal process. The key raw materials for making synthetic quartz are dolomite, sodium carbonate, and silica sand.Recent developments:Taiwan-based quartz component supplier TXC is expected to hit a new revenue record in the fourth quarter of 2020 after sales hit a record NT $ 3.14 billion (US $ 110.06 million) in the quarter above, due to availability.Market Drivers and Restrains:The

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endoscopy equipment market Value and Growth-2021

  • 02 Sep 2021
  • 0

Market overview:The global endoscopy equipment market to reach USD 35.23 billion by 2024 from an estimated USD 25.59 billion in 2019 at a CAGR of 6.6% during the forecast period. Endoscopy is a minimally invasive medical procedure to diagnose, prevent, and treat complications related to internal organs. In this procedure, an endoscope is used to examine an internal hollow organ or cavity in the body. The device is placed in the body through a natural hole.Market Drivers and Restraints:The endoscopic procedure is less invasive and saves money in terms of perioperative care and length of hospital stay. Additionally, these procedures

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