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Brett leeHow Does the Sale of Electric Vehicle Boost Demand for Second Life Electric Vehicle Battery?
The rapid adoption of EVs over the coming decades will cause the accessibility of terawatt-hours of batteries which no longer match the requirements for use in... moreHow Does the Sale of Electric Vehicle Boost Demand for Second Life Electric Vehicle Battery?
The rapid adoption of EVs over the coming decades will cause the accessibility of terawatt-hours of batteries which no longer match the requirements for use in an EV. To put this into perspective, countries like the U.S. consume several such terawatts of energy storage systems over the course of an entire year. Therefore, this is a significant amount of available energy storage.
Finding uses for these still functional batteries can add value significantly and ultimately help drive down storage costs to enable more integration of renewable energy into our grids.
Battery life for EVs is challenging. Lithium-ion batteries in EV usage deteriorate significantly within the first five years of operation and are often designed for a decade of usable life despite being exposed to severe operating temperatures, dozens of partial cycles annually, and fluctuating discharge rates.
Brett leeWastewater Treatment Plants Market Share, Growing Demand, and Top Key Players
The value from effluent treatment plants is in excess of 50% of the overall wastewater treatment plants market. This is for the reason that a huge amount of wastewater is... moreWastewater Treatment Plants Market Share, Growing Demand, and Top Key Players
The value from effluent treatment plants is in excess of 50% of the overall wastewater treatment plants market. This is for the reason that a huge amount of wastewater is produced from manufacturing units. As per the forecasts made in the UN World Water Development Report of 2021, water withdrawals for industrial usage are likely to double by the year 2030. Moreover, in the majority of the countries, according to government regulations, the wastewater generated from industries has to undergo treatment before it can be put into the water bodies.
At present, centralized treatment plants are the leaders of the wastewater treatment plants market, accounting for more than 80%. The value from decentralized treatment plants will rise significantly at a growth rate of 6%, in the years to come. The Decentralized ones are easy to fit and movable and treat wastewater produced from houses, apartments, and hotels. Moreover, they... less
Brett leePlant-Based Protein Market Share, Growing Demand, and Top Key Players
COVID-19 led to a rise in the demand for alternative proteins because of the way the coronavirus disrupted the food chain worldwide. Because of the long duration of the outbreak, many... morePlant-Based Protein Market Share, Growing Demand, and Top Key Players
COVID-19 led to a rise in the demand for alternative proteins because of the way the coronavirus disrupted the food chain worldwide. Because of the long duration of the outbreak, many people searching for healthy food items have started to find alternative sources of protein. Thus, the revenue generated by the plant-based protein market was $11,104.3 million in 2020, and it is predicted to grow at a CAGR of 9.2% and reach $26,721.3 million during the forecast period. This is credited to the increasing inclination toward plant-based food as compared to animal-based food.
Based on source, soybean had the largest share in the plant-based protein market in 2020, because it is a rich source of proteins and close to animal-based food in taste and texture. Apart from that, it is also rich in fiber and, thus, good for the digestive system. Hence, the demand for soybean to produce protein products is increasing, as they are being... less
Brett leeVirtual Power Plant Market Analysis by Trends, Size, Share, Growth Opportunities, and
Emerging Technologies
The virtual power plant market will power at a rate of 16.9% in the years to come, reaching USD 12,273.3 million by 2030, as stated by P&S... moreVirtual Power Plant Market Analysis by Trends, Size, Share, Growth Opportunities, and
Emerging Technologies
The virtual power plant market will power at a rate of 16.9% in the years to come, reaching USD 12,273.3 million by 2030, as stated by P&S Intelligence.
This is because of the increasing acceptance of cutting-edge technologies such as IoT and cloud platforms in the power sector, the increasing consciousness toward the advantages of renewable power, the availability ease of power through VPP platforms, and the growing emphasis on cost-efficiency in generation of power.
The demand response category had the largest share of revenue, about 65%, in 2022, and it will maintain its dominance in the years to come.
Power evacuation infra, characterized by power transmission and distribution networks, is either outdated or insufficient. In the majority of cutting-edge countries, power transmission... less
Peripheral intravenous (I.V.) catheters are primarily used for blood sampling and therapeutic purposes, such as administration of blood components, fluids,... morePeripheral I.V. Catheter Market Projection, Technological Innovation And Emerging Trends
Peripheral intravenous (I.V.) catheters are primarily used for blood sampling and therapeutic purposes, such as administration of blood components, fluids, antibiotics, psycholeptics, and analgesics. These catheters/cannulae are inserted into a minute peripheral vein for therapeutic purposes. The advent of these catheters has reduced the incidence of bloodstream infections and hematoma-related complications. Additionally, the usage of integrated/closed and short peripheral I.V. catheters helps in preventing the transfer of blood-borne pathogens to other patients in healthcare facilities.
According to P&S Intelligence, North America dominated the peripheral I.V. catheter market in the past, and it will continue to do so in the coming years. This can be credited to the spurring demand for injectable... less
May 19, 2023
Brett leeMattress Market Growth, Development and Demand Forecast Report 2030
The size of the mattress market was USD 40,810.1 million in 2022, and it will reach USD 69,077.7 million by 2030, propelling at a rate of 6.80% in the years to come. As per P&S... moreMattress Market Growth, Development and Demand Forecast Report 2030
The size of the mattress market was USD 40,810.1 million in 2022, and it will reach USD 69,077.7 million by 2030, propelling at a rate of 6.80% in the years to come. As per P&S Intelligence.
This has a lot to do with the growth of the tourism sector, resulting in the increasing number of hotels and, in order, snowballing the sales of mattresses.
Memory foam mattresses dominated the industry in the past. This is due to the fact that people having orthopedic conditions, including joint discomfort, often make use of memory foam variants since they bid greater comfort than other variants.
Additionally, these products are used in the commercial sector due to their ease of availability and affordability.
Most people are busy; consequently, they aren’t able to visit dissimilar retail stores to find their preferred mattresses. Therefore, online... less
May 11, 2023
Brett leeSports Drinks Market Growth, Development and Demand Forecast Report 2030
The total size of the sports drinks market was $24,656.8 million in 2021, and it will propel at a rate of 6% in the near future, to reach $41,833.8 million by 2030, as per a... moreSports Drinks Market Growth, Development and Demand Forecast Report 2030
The total size of the sports drinks market was $24,656.8 million in 2021, and it will propel at a rate of 6% in the near future, to reach $41,833.8 million by 2030, as per a research report by P&S Intelligence.
The growth of the industry can be mainly ascribed to the increase in the inclination of the consumer toward physical wellbeing and increase in the total count of health clubs and fitness centers.
Isotonic drinks had the largest share, approximately 60%, because of the snowballing requirement for them and growing emphasis on their quality. These drinks have the similar concentrations of salt and sugar, while hypertonic and hypotonic hold higher and lower amounts by volume, correspondingly.
Furthermore, isotonic drinks deliver carbs and aid in rapidly replacing the fluids which are lost during high-intensity training sessions. This is mostly favored by athletes, particularly middle- and long-distance runners and the ones... less
