The global hybrid cell market size was valued at over USD 3 billion in 2024 and projected to grow at a significant CAGR of around 11% during the forecast period from 2024 to 2030. The market is an emerging segment within the renewable energy and telecommunications industries, characterized by its combination of energy storage technologies… Read More »
Key Findings: The market size was valued at over USD 6 Bn in 2023 and register a CAGR of ~ 7% by 2030 By application, the electric vehicles (EVs) segment is estimated to grow at a robust CAGR over the forecast period Geographically, the Asia Pacific is accounted to hold the largest market share in… Read More »
The global virtual power plants market is anticipated to grow at a higher CAGR during the forecast period from 2022 to 2028. The increasing adoption of renewable energy sources in the power generation sector and the decreasing solar energy generation cost are some major factors driving the market growth. Furthermore, the sustainable shift toward renewable… Read More »