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iRAP PRESS RELEASE

 INNOVATIVE RESEARCH AND PRODUCTS, INC.

P.O. Box 16760, Stamford, CT 06905-8760, USA

 (203) 569-7909; marketing@innoresearch.net, www.innoresearch.net

 

PRESS RELEASE

 

THE GLOBAL MARKET FOR MUNICIPAL WASTE TO ENERGY TECHNOLOGIES TO EXPAND TO $41.5 BILLION BY 2021.

 

According to a new market research report published by Innovative Research and Products, titled ‘Municipal Waste to Energy – A Technology, Industry and Market Analysis’, the global market is expected to expand from $30.2 billion in 2016 to about $41.5 billion by 2021 at about a 6.5% compound annual growth rate (CAGR) over the next five years.

 

Technology processes that convert municipal waste to energy represent some of the most promising methods to solve environmental problems and to address increasing energy demand caused a growing human population coupled with increasing economic activity.

 

Municipal waste-to-energy (MWTE) is a renewable energy source which obtained from resources that are essentially unlimited, since it consists of human-generated solid waste that is produced in every country around the globe. MWTE can be used to generate thermal energy and/or electricity.

 

The municipal waste to energy (MWTE) technologies industry has sustained significant growth in the last decade and is likely to continue to expand in the future because of the increasing demands for energy and for environmental solutions. In addition to countries in Asia and in the Americas that are undergoing economic expansions, population growth is a major driver. Among the countries where we see increased human consumption, holding the potential for positively impacting the MWTE technologies industry, are China, India and Brazil.

 

Within the MWTE sector, there has been continuous innovation in the technologies for waste to energy conversion processes, which has resulted in systems having greater efficiencies.  In turn, this has increased the scope of waste to energy technology applications.

 

A number of MWTE technologies are available to communities in the United States and other global regions. These include combustion technologies, landfill gas technologies, plasma gasification technologies, pyrolysis gasification technologies and refuse-derived fuels.

 

According to the Irap report, Global market for Municipal Waste to Energy Technologies was estimated to have reached $30.2 billion in 2016 and will reach $41.5 billion by 2021 with a growth rate of 6.5% compound annual growth rate (CAGR) over the next five years.

 

In terms of region wise market share, the Asian region offers the greatest opportunities for growth, a trend that is expected to continue through 2021 followed by Europe and The Americas and The Middle East and Africa as distant 4th and 5th position. In terms of technologies used, the Combustion Technology dominates the market.

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Published: October 2017 Report ID: EN-108 Pages: 301  

 

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ULTRACAPACITORS FOR STATIONARY, INDUSTRIAL, CONSUMER AND TRANSPORT ENERGY STORAGE – AN INDUSTRY, TECHNOLOGY AND MARKET ANALYSIS

 

INNOVATIVE RESEARCH AND PRODUCTS, INC.
P.O. Box 16760, Stamford, CT 06905-8760, USA

http://www.innoresearch.net/Press_Release.aspx?id=20

Global market for ultracapitors to grow at an AAGR of over 20% through 2014
Ultracapacitors and electric double-layer capacitors (EDLCs) fill an important and otherwise vacant niche in the current set of energy storage devices, bridging the gap between batteries and conventional capacitors. They offer greater energy densities than electrostatic capacitors, making them a better choice for back-up applications. They also possess higher power densities than batteries, allowing them to perform a role in load-leveling of pulsed currents. They can help to improve battery performance when combined in hybrid power sources, or they can provide an efficient and long-lasting means of energy storage when used on their own.
According to a recently published report from iRAP, Inc  ET-111 Ultracapacitors for Stationary, Industrial, Consumer and Transport Energy Storage – An Industry, Technology and Market Analysis, the global market for ultracapacitors will grow from an estimated $275 million in 2009 to $725 million in 2014, at an AAGR (average annual growth rate) of over 20% through the forecast period.
There are four major markets where ultracapacitors are needed – stationary, industrial, consumer and transport energy storage power management. Each has its own specific requirements. From 2009 to 2014, transport energy applications, which are mostly automotive applications, will show the highest growth rates, 27.7% AAGR, followed by stationary energy storage at 23.7%, consumer electronics at 22.7% and industrial applications at 14.1%.
The stationary energy storage market needs ultracapacitors for short duration applications of energy storage, which are characterized by the need for high power for short periods of time. These include power quality ride-through applications, power stabilization, adjustable speed drive support, temporary support of DR (distributed resources) during load steps, voltage flicker mitigation and many other applications. UPS (uninterruptible power supply) systems and power management systems used in distributed generation, wind and solar energy generating stations employ a combination battery and ultracapacitor bank whereby the battery is used for long duration interruptions and the capacitor is used for voltage sag support and momentary interruptions. This reduces the cycling duty on the battery, thereby extending its life.
Industrial applications need ultracapacitors to improve power quality, specifically using ultracapacitors to handle power surges and short-term power loss. Since electricity is transmitted at 60Hz or 120Hz, this market also needs high frequency devices based on aqueous electrodes, on a much larger scale
The consumer electronics and computer market needs small high frequency devices in order to reduce battery size. Typical applications are pagers, personal data assistance devices and cell phones. The GSM phone will require a 200Hz response time to improve the transmit burst in a digital phone system. In these devices, high power is more important than energy density. Therefore, to get the desired frequency response, ultracapacitors will use aqueous electrolytes that provide much lower resistance. To attain these frequencies, carbon electrodes need to be thin, with large pores for rapid ion transport through the material.
The   transport energy storage market aims to use ultracapacitors as load-leveling devices with batteries in electric and hybrid vehicles. By far the highest value target for ultracapacitor technology is the global automobile industry. Automotive applications range from hybrid drive trains to power network stabilization to the “electrification” of braking, steering, air conditioning and other subsystems to improve the fuel efficiency and reliability of the 50 to 60 million passenger vehicles that roll off assembly lines around the world each year.
Global market FOR ultracapacitors by application, 2009 and 2014
($ millions)
Market domain
2009
($ millions)
2009
(%)
2014
($ millions)
2014
(%)
AAGR (%)
2009-14
Stationary energy storage
60.0
23.6
174.0
25.3
23.7
Industrial energy storage
112.4
40.8
217.5
30.0
14.1
Consumer electronic energy storage
28.0
8.5
79.75
9.7
23.2
Transport energy storage
74.6
27.1
253.75
35.0
27.7
Total
275.0
100.0
725.0
100.0
21.4
Source: iRAP, Inc.
Global market FOR ultracapacitors, by application, 2009 and 2014
($ millions)
 
Source: iRAP, Inc.

Published Date: February 2010                                                      Price (Hard Copy): $3,650

LARGE-FORMAT RECHARGEABLE LITHIUM-ION BATTERIES FOR ELECTRIC ENERGY STORAGE IN TRANSPORT – TYPES, APPLICATIONS, NEW DEVELOPMENTS, INDUSTRY STRUCTURE AND GLOBAL MARKETS

INNOVATIVE RESEARCH AND PRODUCTS, INC.
P.O. Box 16760, Stamford, CT 06905-8760, USA

http://www.innoresearch.net/Press_Release.aspx?id=19

Global market for large-format, rechargeable, lithium batteries for transportation to cross $330 million by 2014
Low-cost, long-life lithium batteries are seen as essential for accelerated development of alternative power vehicles, ranging from the now familiar gasoline-electric hybrids that double normal fuel economy to hydrogen fuel cell vehicles that use no petroleum.
Efficient energy storage systems for hybrid drives will acquire increasing significance in the future. It is precisely storage systems such as lithium-ion technology that will greatly affect the performance and costs of hybrid vehicles, plug-in hybrids and electric vehicles. Preferably, small and light systems with a simultaneously high capacity for charging and discharging are required. Besides increasing the performance, the development work centers on the service life of the battery systems in various drive cycles and temperature ranges.
According to a latest study from iRAP, Inc., Large-Format Rechargeable Lithium-Ion Batteries for Electric Energy Storage in Transport–Types, Applications, New Developments, Industry Structure and Global Markets, the global market for large-format, rechargeable, lithium batteries used in the transport sector is estimated at $77 million in 2009. In spite of the recession, iRAP estimates the market to reach $332 million in 2014, for an average annual growth rate (AAGR) of 33.9%. Midway through the projection period, it is estimated that Li-ion batteries for HEVs, PHEVs and EVs will be in wider use, thereby providing a large growth rate.
Customized batteries for off-road vehicles and industrial vehicles such as electric fork lifts, golf carts and motorized wheel chairs, will have highest market share, reaching 51.9% of the market in 2009; by 2014, this share will decrease to 15%. In 2014, large-format lithium batteries for HEVs, PHEVs and EVs will have a 26.6% share of the global market, at $87 million.
Plug-in hybrid electric vehicles (PHEVs) and electric cars need more robust lithium batteries than conventional hybrids, because the batteries undergo a more severe duty cycle, charged to the brim and then nearly drained. Today’s large-format, rechargeable lithium batteries have a modular embedded micro-controller battery management system (BMS), with thousands of lithium cells connected in-loop to take care of proprietary safety, state-of-charge, state-of-health, balancing and diagnostics algorithms, which together serve to maximize the utility and reliability of  systems solutions. They also have a variety of available communications interfaces (CAN, J1939, RS-232, etc.) to facilitate the seamless integration of the battery into the vehicle system.
MARKET for large-format, rechargeable lithium batteries by type of vehicle, through 2014
($ millions)
Vehicle Type
2009
2014
AAGR %
2009-2014
Heavy duty hybrid electric vehicles
(trucks, buses, train carriages, utility vehicles)
27
150
40.9
Off-road vehicles and  industrial vehicles, e.g., electric fork lifts, golf carts, motorized wheel chairs
40
50
4.5
LEVs, e.g., Ebikes and scooters
10
44
34.4
Others (HEV, PHEV, etc.)
(#)
87
Total
77
331
33.9
Notes: (#) Lithium batteries in vehicles are in fleet testing stage; commercialization of vehicles fitted with lithium batteries will start in early 2010.
MARKET FOR large-format, rechargeable lithium batteries by type of vehicles used, 2009 and 2014 ($ million)
Source: iRAP, Inc.