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Global Vehicle to Grid Market 10 Year Forecast Report 2024-2034 - Supportive Government Regulations and Financial Incentives for V2G Deployment
Mar 19, 2024
DUBLIN, March 18, 2024 /PRNewswire/ -- The "Vehicle to Grid (V2G) Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering. World revenue for Vehicle-to-Grid (V2G) Market is forecast to surpass US$ 4.31 billion in 2024, with strong revenue growth through to 2034. Escalating Demand for Electricity, Coupled With a Global Commitment to Reduce Reliance on Fossil Fuels, Resulting in a Surge in the Adoption of Electric VehiclesThe vehicle-to-grid (V2G) market is witnessing unprecedented growth driven by a confluence of factors shaping the future of sustainable transportation and power management. Key drivers include the escalating demand for electricity, coupled with a global commitment to reduce reliance on fossil fuels, resulting in a surge in the adoption of electric vehicles (EVs). This market is characterized by opportunities that lie in the integration of renewable energy sources, such as solar and wind, to meet energy demands, while also addressing challenges associated with the variable nature of these sources.The primary driver for the V2G market is the escalating demand for electricity worldwide. Governments and industries are increasingly recognizing the need for sustainable and low-emission solutions, driving the widespread adoption of EVs. The electrification of the transportation sector not only addresses environmental concerns but also provides a unique opportunity for EVs to serve as mobile energy storage units. This bidirectional flow of power, where EVs can both draw and supply energy to the grid, is a key driver propelling the V2G market forward.Opportunities in the V2G market are abundant, particularly in the integration of renewable energy sources. As countries strive to meet ambitious renewable energy targets, V2G technology becomes an enabler for managing the intermittent nature of solar and wind power. This creates opportunities for smart grid solutions and advanced energy storage systems. Additionally, the idle times of parked EVs present an untapped opportunity for bidirectional ...Full story available on Benzinga.com
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Business
Middle East and Africa Renewable Energy Industry Report 2023-2033: Insights into the Region's Increasing Commitment to Sustainable Development, Energy Security, and Energy Source Diversification
Mar 16, 2024
DUBLIN, March 15, 2024 /PRNewswire/ -- The "Middle East and Africa Renewable Energy Market - A Regional and Country Level Analysis, 2023-2033" report has been added to ResearchAndMarkets.com's offering. The Middle East and Africa (MEA) renewable energy market is experiencing substantial growth driven by a combination of factors that reflect the region's increasing commitment to sustainable development, energy security, and the diversification of energy sources. Governments across the MEA region are actively investing in renewable energy projects as part of their broader efforts to reduce dependency on fossil fuels and mitigate the environmental impact of traditional energy sources. The abundance of solar and wind resources in the region makes these renewable technologies particularly attractive for power generation, contributing significantly to the market's growth.The global push towards decarbonization and the Paris Agreement's goals have prompted many MEA nations to set ambitious renewable energy targets. Governments are implementing favorable policies, incentives, and regulatory frameworks to encourage private investment in renewable projects. This supportive environment is fostering the development of solar, wind, and other renewable energy projects, creating a conducive atmosphere for market growth.Technological advancements and declining costs in renewable energy technologies are key drivers of market expansion. The decreasing cost of solar photovoltaic (PV) panels and wind turbines, coupled with advancements in energy storage solutions, are making renewable energy more economically viable. This trend is attracting both public and private investments, driving the deployment of large-scale renewable projects in the MEA region.Furthermore, the growing awareness of the economic benefits of renewable energy, including job creation and energy independence, is contributing to the market's growth. Analyst PerspectiveThe Middle East and Africa region are ...Full story available on Benzinga.com
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Business
Global Electric Scooter Market 2024-2031: 3.6 kW to 7.2 kW Segment is Projected to Exhibit the Highest Growth Rate
Mar 14, 2024
DUBLIN, March 14, 2024 /PRNewswire/ -- The "Global Electric Scooter Market by Vehicle Type (Electric Motorcycles, E-Kick scooters & Bikes, Electric Mopeds), Power Output (Less Than 3.6kW, 3.6kW to 7.2kW), Battery Technology, Motor Type, Charging Type, End-user, and Geography - Forecast to 2031" report has been added to ResearchAndMarkets.com's offering. The global electric Scooter market is projected to reach $408.1 billion by 2031, at a CAGR of 21.6% from 2024-2031. By volume, this market is expected to reach 298.5 million units by 2031 at a CAGR of 18.1% during the forecast period 2024 to 2031. The growth of the global electric scooters market is driven by the increasing localization of electric scooter manufacturing in emerging economies, the increasing consumer acceptance of electric two-wheelers compared to ICE two-wheelers, and the rising inclination of developed economies toward electric-powered two-wheelers. However, the growing reliability issues among consumers due to increasing incidents of accidents involving electric two-wheelers and inadequate investment by legacy two-wheeler manufacturers toward electric scooters restrain the growth of this market. The rise in government initiatives to mitigate traffic congestion and pollution is expected to generate market growth opportunities. However, the lack of charging infrastructure poses a major challenge for the market's growth. The market in North America is projected to register the highest growth rate during the forecast period. The growth of this regional market can be attributed to rapid urbanization, increasing environmental consciousness, and the need for flexible and sustainable transportation options. Cities across the U.S. and Canada have embraced electric scooters as a viable solution to address the challenges of traffic congestion and the last-mile commute. The electric motorcycles segment is projected to register the highest CAGR during the forecast period. The growth of this segment is attributed to increasing government policies aimed at promoting electric mobility, growing awareness regarding the need to reduce greenhouse gas emissions and environmental pollution, rising demand for electric motorcycles among consumers, ...Full story available on Benzinga.com
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Business
Bio-Plasticizer Market Trends, Forecast and Competitive Analysis 2024-2030: Key Market Drivers Include Increasing Demand for PVC and Growing Need for Non-Toxic Alternative for Phthalates Plasticizers
Mar 14, 2024
DUBLIN, March 14, 2024 /PRNewswire/ -- The "Bio-Plasticizer Market: Trends, Forecast and Competitive Analysis [2024-2030]" report has been added to ResearchAndMarkets.com's offering. The future of the global bio-plasticizer market looks attractive with opportunities in the packaging, medical device, consumer goods, wire & cable, and building & construction industries. The global bio-plasticizer market is expected to reach an estimated $3.4 billion by 2030 with a CAGR of 6% from 2024 to 2030. The major drivers for this market are increasing demand for PVC, growing need for non-toxic alternative for phthalates plasticizer, stringent environment regulations, and increasing health concern. Bio-Plasticizer Market Insight ESBO is forecast to remain the largest material and it is the expected to witness the highest growth over the forecast period with growth in packaging materials, medical devices, consumer goods, and ban or restriction on phthalate plasticizer expected to driver the demand for bio-plasticizer. Packaging materials will remain the largest end use industries and it is also expected to witness highest growth during the forecast period supported by increasing demand in the food and beverages, household products, personal care, and pharmaceuticals packaging. Asia Pacific is expected to be the largest region by value and volume and will experience the highest growth over the forecast period supported by increasing demand for PVC plastic in construction, automotive, packaging, food and medical end use market in emerging countries, such as China and India. Key Report Features Market Size Estimates: Bio-plasticizer market size estimation in terms of volume (kilotons) and value ($M) shipment. Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions. Segmentation Analysis: Market size by various segments, such as material, end use industry, and regions in terms of value and volume. Regional Analysis: Bio-plasticizer market breakdown by North America, Full story available on Benzinga.com
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Business
Global Cleanroom Lighting Market Forecast Report to 2029: Rising Adoption of Sensors and Automation in Cleanroom Lighting Solutions
Mar 12, 2024
DUBLIN, March 12, 2024 /PRNewswire/ -- The "Global Cleanroom Lighting Market by Light Source (LED, Fluorescent), Mounting Type (Recessed and Surface Mounted), End User (Healthcare & Life Science, Industrial Manufacturing, Food & Beverages), Offering and Region - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. The Cleanroom Lighting market is projected to reach USD 1.1 billion by 2029 from USD 0.9 billion in 2024; it is expected to grow at a CAGR of 5.4% from 2024 to 2029. Advancements in cleanroom lighting technology, government support from across the globe towards building cleanrooms for industries such as semiconductors fabrication and pharmaceuticals, along with the Increasing adoption of sensors and automation in cleanroom lighting are expected to drive the market in the coming years. Increased demand for energy efficient cleanrooms to drive the growth of Cleanroom Lighting marketThe increased demand for energy-efficient cleanrooms is poised to be a significant driver of growth in the cleanroom lighting market. As industries across pharmaceuticals, biotechnology, semiconductor manufacturing, and healthcare increasingly prioritize sustainability and energy efficiency, cleanroom facilities are adopting technologies that minimize environmental impact. Cleanroom lighting, being an integral component of these controlled environments, is witnessing a surge in demand for energy-efficient solutions.The growing awareness of the impact of energy-efficient practices on operational costs and environmental sustainability is influencing decision-makers in various industries to invest in cleanroom lighting solutions that offer both precision in controlled environments and reduced energy consumption. This alignment of technological advancements, regulatory requirements, and industry priorities positions the cleanroom lighting market to experience notable growth as the demand for energy-efficient cleanrooms continues to rise globally. The Recessed Mounted segment holds the largest market in 2023One of the key drivers for the growth of recessed mounting types is their ability to optimize space within cleanrooms. By seamlessly integrating into the ceiling, recessed fixtures contribute to a clutter-free environment, allowing for efficient use of floor and wall space. This feature is particularly important in industries such as pharmaceuticals, biotechnology, and electronics, where precision and organization are paramount. The aesthetic appeal of recessed lighting, coupled with its ability to provide uniform illumination, enhances the overall visual environment within cleanrooms. Additionally, recessed fixtures offer flexibility in terms of customization, enabling them to be strategically placed to achieve optimal lighting distribution. The Hardware segment of Cleanroom Lighting market is expected to hold largest market share during the forecast periodThe cleanroom lighting ...Full story available on Benzinga.com
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Media
Cillian Murphy on Oppenheimer, sex scenes and self-doubt: ‘I’m stubborn and lacking in confidence – a terrible combination’
Jul 08, 2023
If Peaky Blinders made the Irish actor a household name, will Christopher Nolan’s nuclear blockbuster send him into the stratosphere? He talks about extreme weight loss, hating school and why his next character won’t be a smoker Cillian Murphy is struggling with what he can and can’t say about his title role in Oppenheimer, the latest Christopher Nolan epic, such is the secrecy surrounding this film. Murphy is under “strict instructions” not to talk about the content. Which is awkward when you’ve flown to his home in Ireland to interview him specifically about playing the physicist who oversaw the creation of the atomic bomb, later detonated over Hiroshima and Nagasaki. It’s not clear who issued these instructions. Nolan? The studio? The US government? All I know is that as well as Murphy being gagged by hefty NDAs, I am not allowed to see it (“bit unfortunate”, he concedes).So, yes, here we sit in an empty upstairs room of a restaurant near his house in Monkstown, Dublin, working out how to do this. The room is dark, the sun shining through a solitary Velux lighting his features like a Géricault. The only background noise is the low hum of a wine refrigerator. Murphy loathes interviews, looks visibly tortured at points. But he relaxes when I ask if he’s pleased with Oppenheimer. “I am, yeah,” he says. “I don’t like watching myself – it’s like, ‘Oh, fucking hell’ – but it’s an extraordinary piece of work. Very provocative and powerful. It feels sometimes like a biopic, sometimes like a thriller, sometimes like a horror. It’s going to knock people out,” he adds. “What [Nolan] does with film, it fucks you up a little bit.” Continue reading...
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