Energy and Power
Explore Trends & Outlook from Energy and Power industry
Explore Trends & Outlook from Energy and Power industry
The gradual transition toward renewable and green energy has been one of the major factors influencing the growth of the energy and power domain in recent times. The innovative products and technologies launched by several private companies and governmental agencies impacted the domain positively in the first quarter of 2025.
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The growth of the energy and power domain is attributed to the gradual shift toward renewable power sources and nuclear energy. The rising electricity demand due to the surge in the global population is expected to boost the market share of the sector in the coming period. Furthermore, the emergence of advanced technologies such as AI and machine learning has become one major factor influencing the expansion of the landscape in Q1 2025.
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Waste-to-energy is a process that converts municipal solid waste, industrial waste, and biomass into usable energy through incineration, gasification, pyrolysis, and anaerobic digestion. This sustainable solution reduces landfill overflow, lowers greenhouse gas emissions, and provides electricity and heat. Countries like Sweden, China, and the U.S. are investing heavily in waste-to-energy projects, integrating advanced technologies such as plasma gasification and AI-driven waste sorting.
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In Q4 2024, the energy and power industry witnessed significant growth, driven by AI integration, renewable energy projects, and strategic mergers. Key developments such as EV adoption, ambitious global sustainability goals, and innovative product launches showcased a global transition toward decarbonization. Moreover, the increased focus on energy efficiency and advanced technologies by key players across multiple regions throughout the quarter is expected to drive the sector toward a sustainab
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In the last few years, the energy and power domain has grown exponentially owing to the increasing demand for electricity from residential and industrial sectors. In addition, the introduction of AI in power generation processes and the gradual transition toward renewable energy is anticipated to bring numerous growth opportunities to the landscape.
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The article highlights key trends in the global energy sector, with a significant shift toward renewable sources like wind and solar, which are expected to become the dominant energy providers by 2030. The rise in clean energy is supported by innovations in energy technologies and growing investments in regions such as East Asia, Europe, and North America. It also addresses challenges in raw material supply chains for renewable energy technologies and emphasizes the role of digitization, decar
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The exponential rise in the global population growth rate has generated new investment opportunities in the energy and power domain. The advent of new technologies such as cylindrical Li-ion batteries, heat exchangers, etc., is predicted to accelerate the growth of the landscape. Allied Market Research has identified five such trends in the sector that have significantly transformed the domain in Q4 2024.
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Portable batteries, also known as power banks, are compact, rechargeable devices designed to supply power to electronic gadgets such as smartphones, tablets, and other mobile devices on the go. These batteries are essential for businesses that rely on mobile technology, providing a reliable backup power source for employees in the field, during travel, or in environments where access to traditional power outlets is limited. They help ensure the continuous operation of essential devices, support
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The growing pace of urbanization and industrialization around the world is the major reason behind the exponential growth of the energy and power domain. Furthermore, the sector has witnessed huge growth in Q3 2024 on account of the growing number of industrial electrification projects across the globe. Additionally, the emergence of high-tech packaged substations and flow meters have created numerous investment opportunities in the landscape.
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Hydrogen is a versatile and clean energy carrier increasingly recognized for its potential to decarbonize various industries. It offers significant opportunities for businesses looking to innovate in sectors such as transportation, power generation, and industrial processes. By utilizing hydrogen technologies, companies can enhance their sustainability, reduce emissions, and gain a competitive edge in the evolving energy landscape.
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