Asia-Pacific Smart Meters Market is growing due to advanced communication tech and government push for smart grid upgrades during the 2026–2030F forecast period. According to the TechSci Research report titled “Asia-Pacific Smart Meters Market – By Country, Competition, Forecast and Opportunities, 2020-2030F,” the Asia-Pacific Smart Meters Market was valued at USD 11.67 billion in 2024… Read More »
Asia-Pacific Water Tube Chemical Boiler Market is growing due to a shift to biomass-fueled boilers and adoption of smart boiler management systems from 2026 to 2030F. According to the TechSci Research report titled “Asia-Pacific Water Tube Chemical Boiler Market – By Country, Competition, Forecast and Opportunities, 2020-2030F”, the Asia-Pacific water tube chemical boiler market was… Read More »
Steam Methane Reforming (SMR) Market grows with rising hydrogen demand in energy, refining & chemicals, supported by cost-effective, tech-advanced SMR production methods. According to the TechSci Research report, “Steam Methane Reforming Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F,” the global steam methane reforming (SMR) market was valued at USD 123.56… Read More »
According to TechSci Research report, “India Microfinance Market– By Region, Competition Forecast and Opportunities, 2019-2029F,” India microfinance market was valued at USD46.12 Billion in 2023 and is anticipated to grow with a CAGR of 7.20% through 2029. Request For Sample Copy of Report For More Detailed Market insight: https://www.techsciresearch.com/sample-report.aspx?cid=3210#requestform Industry Key Highlights The microfinance industry in India has witnessed… Read More »
Industry Key Highlights According to TechSci Research report, “Global Sukuk Market – Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the Global Sukuk Market was valued at USD 1.13 Billion in 2024 and is expected to reach USD 2.33 Billion by 2030 with a CAGR of 12.8% during the forecast period. Request For Sample Copy of Report… Read More »
Commercial Gensets Market is growing due to rising demand for reliable backup power in commercial buildings, data centers, and healthcare facilities. According to the TechSci Research report, “Commercial Gensets Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F,” the global commercial gensets market was valued at USD 16.88 billion in 2024 and is projected to reach USD 26.04 billion by 2030, growing at a CAGR of 7.33% during the forecast period. This robust growth is largely driven by the rising need for reliable and uninterrupted power supply across commercial sectors, particularly in environments where downtime can result in significant financial losses and operational disruptions. In today’s digitally connected and highly competitive world, the demand for consistent power has become more critical than ever. Commercial enterprises such as data centers, hospitals, financial institutions, and large-scale retail establishments are increasingly relying on gensets to ensure business continuity. Power outages, even short-term ones, can severely impact operations, lead to revenue loss, damage sensitive equipment, and compromise data integrity or customer safety. As a result, gensets have emerged as an indispensable component in commercial infrastructure, offering a dependable backup power solution. One of the key drivers of market growth is the exponential rise in data traffic and digital services. Data centers, the backbone of the global digital economy, require uninterrupted power to maintain servers and ensure high availability. Likewise, hospitals and other healthcare facilities must maintain continuous operation of life-saving medical equipment. In the banking and financial services sector, high uptime is vital to manage transactions, ATM networks, and digital payment infrastructures. In all these scenarios, commercial gensets offer the reliability needed to safeguard operations during grid failures. Moreover, the ongoing construction boom, particularly in emerging economies, has led to an increasing need for gensets in commercial developments. From office buildings and shopping complexes to hospitality venues and logistics centers, commercial gensets are essential during both the construction and operational phases. As urbanization accelerates in regions such as Asia-Pacific and Latin America, gensets are being deployed for both temporary power during building construction and as long-term backup systems post-completion. Market Segmentation by Application: Pumps & Power Generation Segment Leads Among various application areas, the Pumps & Power Generation segment accounted for the largest market share in 2024 and is expected to maintain its dominance through 2030. This segment benefits from its extensive use in industries that rely heavily on pumps, such as water treatment, oil and gas, agriculture, mining, and chemical processing. In these sectors, pumps are vital for transporting fluids, dewatering, and maintaining system pressure. However, any disruption in power supply can lead to significant operational, safety, and environmental consequences. Commercial gensets serve as a crucial backup in such scenarios, ensuring that pump systems continue operating seamlessly. The oil and gas sector, in particular, frequently utilizes gensets in upstream exploration and drilling operations, especially in remote areas where access to grid power is either limited or non-existent. Similarly, mining activities often occur in off-grid regions and require dependable genset-powered pump systems for slurry handling and water management. The expanding infrastructure footprint in emerging economies is also contributing to increased demand for such systems in construction, municipal water supply, and irrigation projects. Additionally, growing awareness around energy efficiency and emission control is pushing the market toward the adoption of advanced genset technologies. Manufacturers are now offering natural gas-powered and hybrid genset systems that integrate with renewable energy sources such as solar and wind. These hybrid systems are particularly valuable for supporting pumps in areas where grid power is inconsistent or when solar generation is unavailable due to weather conditions. The push toward sustainability is also encouraging industries to invest in gensets that meet stricter environmental standards. Features such as low emissions, fuel efficiency, automated controls, and remote diagnostics are becoming standard in modern gensets. With automation and predictive maintenance features, commercial gensets now offer greater reliability, reduced downtime, and longer operational lifespans, making them increasingly attractive for demanding pump applications. Browse over XX Market data Figures spread through XX Pages and an in-depth TOC on the “Global Commercial Gensets Market.”https://www.techsciresearch.com/report/commercial-gensets-market/28818.html Regional Insights: Asia-Pacific Emerges as a High-Growth Region Regionally, Asia-Pacific stands out as the fastest-growing market for commercial gensets. Rapid urbanization, infrastructure expansion, and a booming industrial sector across countries like China, India, Indonesia, and Vietnam are creating strong demand for backup power solutions. Frequent electricity outages and unstable grid networks in certain parts of the region have underscored the need for reliable and autonomous power systems. In sectors such as manufacturing, commercial real estate, telecommunications, and healthcare, gensets are widely used to support mission-critical operations. The growing penetration of data centers and the increasing digitization of public services further contribute to genset adoption. In addition, government-led infrastructure investments in smart cities, transportation, and healthcare facilities are further driving market demand. Genset manufacturers are responding by expanding local production capabilities and offering customized solutions that meet regional energy needs and regulatory requirements. Moreover, Asia-Pacific is witnessing rising environmental awareness and policy pressure to adopt low-emission technologies. As a result, the demand for cleaner-burning gensets, including those powered by natural gas or hybrid systems, is expected to grow significantly, especially in urban centers facing air quality concerns. Conclusion The global commercial gensets market is on a strong growth trajectory, fueled by the rising need for energy reliability, expanding infrastructure development, and increasing reliance on digital systems. As industries and commercial enterprises strive to reduce downtime and ensure operational continuity, gensets are becoming a cornerstone of modern energy resilience strategies. The market is further being shaped by advances in technology, the integration of renewable energy sources, and a growing emphasis on sustainability. With strong momentum across sectors like healthcare, data centers, manufacturing, and utilities—along with surging demand from high-growth regions like Asia-Pacific—the commercial gensets market is poised for sustained expansion through 2030 and beyond. Major companies operating in the Global Commercial Gensets Market are: Aggreko LtdAshok Leyland LimitedCaterpillar Inc.Cummins… Read More »
According to TechSci Research report, “Global Supply Chain Finance Market – Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global Supply Chain Finance Market stood at USD 5.7 billion in 2023 and is anticipated to grow with a CAGR of 8.7% in the forecast period, 2025-2029. This trajectory underscores the strategic importance of SCF solutions in… Read More »
North America Commercial Scale Non-Metal Electrical Conduit Market to be led by U.S., driven by infrastructure growth and demand for efficient, low-cost solutions (2026–2030). According to the TechSci Research report, “North America Commercial Scale Non-Metal Electrical Conduit Market – By Country, Competition, Forecast & Opportunities, 2020-2030F”, the North America Commercial Scale Non-Metal Electrical Conduit Market was valued at USD 123.59 million in 2024 and is projected to reach USD 192.99 million by 2030, growing at a compound annual growth rate (CAGR) of 7.71% during the forecast period. A primary driver behind the market’s robust growth is the tightening of fire safety regulations and evolving building codes across North America. Government authorities and local municipalities are placing a stronger emphasis on electrical safety, fire resistance, and hazard mitigation in commercial buildings. In response, construction and engineering firms are increasingly turning to non-metallic electrical conduit systems—made from materials like thermosetting plastics and fiberglass composites—that can meet these rigorous safety standards. These non-metal conduits are designed to resist high heat, limit flame spread, and emit significantly less toxic smoke compared to some metallic counterparts. Their performance in fire-prone environments makes them an ideal solution for facilities where safety and operational integrity are critical, such as hospitals, educational institutions, commercial office complexes, and hotels. These conduits are often specified for use in plenum areas, ceilings, and enclosed spaces where fire-rated solutions are a regulatory requirement. Moreover, the shift from prescriptive building codes to performance-based criteria has further accelerated innovation in the non-metal conduit space. Manufacturers are developing new formulations and features that exceed minimum safety benchmarks, aligning with emerging codes and standards. Building engineers and project developers are responding by integrating these systems in early-stage design plans to ensure faster approvals, cost predictability, and long-term safety compliance. In parallel, the growing implementation of smart building technologies is reinforcing the demand for non-metal electrical conduit systems in commercial environments. As North American businesses invest in modernizing infrastructure with intelligent systems—such as smart lighting, HVAC automation, security controls, and IoT-enabled devices—the need for flexible and safe wiring infrastructure becomes paramount. Non-metal conduits are particularly suited for these applications because they support the safe routing of low-voltage and data cabling. These systems offer key advantages, including lightweight construction, enhanced flexibility, and compatibility with modular cabling layouts. Unlike rigid metallic conduits, non-metal variants enable easier rerouting during system upgrades or when adding new components to smart systems. Their inherent dielectric properties also reduce electromagnetic interference, which is vital for sensitive data transmission in connected building environments. In this context, the demand for non-metal conduit systems is being fueled by both new construction and retrofit projects. From commercial real estate developments to smart hospitals and retail chains, stakeholders are recognizing the value of scalable conduit solutions that integrate seamlessly with digital infrastructure and energy-efficient building systems. Many manufacturers are also launching products with added features such as internal lubricants for smoother cable pulls, fire-resistant coatings, and improved memory retention, which are designed specifically for use in technologically advanced facilities. Segment Analysis: ENT Gaining Ground Rapidly Among the various configurations, the Electrical Non-Metallic Tubing (ENT) segment stands out as the fastest-growing product category in the North American market. ENT conduits have gained widespread popularity due to their combination of affordability, durability, and ease of installation. Their lightweight and flexible nature reduces labor costs and time on-site, making them a go-to choice for large-scale projects. ENT is widely used for applications such as lighting circuits, data and communication cabling, and general electrical wiring in commercial buildings. Its adaptability to different construction scenarios, including being embedded in concrete or used in wall partitions, makes it extremely versatile. ENT is particularly favored in energy-efficient construction practices where ease of routing and minimal material usage are essential. It is compatible with emerging sustainability goals while delivering cost savings for contractors and facility owners alike. As the construction industry continues to embrace prefab methods and integrated design models, ENT conduits offer practical advantages. Their flexibility, reusability, and compatibility with fast-track construction schedules make them a preferred option not just for new builds but also for complex renovation projects. Given these benefits, the ENT segment is expected to maintain its upward trajectory well into the forecast period. Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the “North America Commercial Scale Non-Metal Electrical Conduit Market”https://www.techsciresearch.com/report/north-america-commercial-scale-non-metal-electrical-conduit-market/28861.html Country Spotlight: Mexico Emerging as a Growth Leader While the United States dominates the market due to its mature construction ecosystem and strong enforcement of building codes, Mexico is rapidly becoming the fastest-growing country in the North America Commercial Scale Non-Metal Electrical Conduit Market. The country’s construction and infrastructure sectors are experiencing robust growth, spurred by increasing foreign direct investment, government-backed infrastructure initiatives, and a push toward industrial modernization. Mexico’s expanding manufacturing base, combined with growth in telecom infrastructure and residential developments, is generating consistent demand for reliable, cost-effective electrical conduit solutions. As sustainability and cost-efficiency take center stage, developers and contractors are increasingly turning to non-metal conduit options like ENT to reduce installation time and comply with safety and energy efficiency mandates. Moreover, Mexico is benefiting from trade policies and regional supply chain shifts, such as nearshoring trends, which are bringing more manufacturing operations to the country. This industrial momentum is contributing to a surge in demand for non-metal conduit solutions across commercial factories, warehouses, and processing facilities. Conclusion In conclusion, the North America Commercial Scale Non-Metal Electrical Conduit Market is poised for substantial growth through 2030, supported by regulatory reforms, smart building adoption, and infrastructure expansion. With technological advancements and product innovations aligning with evolving building standards, non-metal conduit solutions—particularly ENT—are set to play a critical role in shaping the future of commercial electrical infrastructure in North America. As countries like Mexico accelerate their clean infrastructure and smart development goals, the market will continue to diversify and expand in both scale and scope. Key market players in the North America Commercial Scale… Read More »
Industry Key Highlights According to TechSci Research report, “India Light Commercial Vehicle Market – By Region, Competition, Forecast, and Opportunities, 2019-2029F,” India Light Commercial Vehicle Market is growing at a considerable rate as a result of fast-growing logistic industry and rising tourism in the country. Request For Sample Copy of Report For More Detailed Market insight: https://www.techsciresearch.com/sample-report.aspx?cid=3161#requestform This substantial expansion… Read More »
North America Material-based Hydrogen Energy Storage Market to be led by the U.S., driven by tech advances and clean energy policies during 2026–2030F. According to the latest report from TechSci Research titled “North America Material-based Hydrogen Energy Storage Market – By Country, Competition, Forecast & Opportunities, 2020-2030F,” the market was valued at USD 121.52 million in 2024 and is projected to reach USD 229.59 million by 2030, expanding at a compound annual growth rate (CAGR) of 11.19% during the forecast period. This rapid growth is being driven by strong policy support for clean energy, growing interest in renewable integration, and increasing demand for zero-emission energy storage solutions across multiple sectors. Clean Energy Transition Drives Market Momentum The market’s growth is rooted in North America’s ongoing transition towards a low-carbon economy. With growing environmental concerns and global commitments to reduce greenhouse gas emissions, the region is witnessing a strategic shift from fossil fuels to renewable energy sources such as wind and solar. However, the intermittent nature of these energy sources necessitates advanced energy storage systems to maintain grid stability and ensure a consistent power supply. Material-based hydrogen energy storage systems offer a compelling solution to this challenge. These systems store excess renewable energy in the form of hydrogen during periods of high generation and release it when demand peaks or renewable output is low. The result is an efficient, scalable, and environmentally friendly solution for managing energy variability and improving the reliability of power supply across the grid. Moreover, material-based hydrogen storage—utilizing advanced compounds such as metal hydrides, chemical hydrides, and other solid-state storage materials—offers notable benefits in terms of energy density, safety, and long-term storage capability compared to traditional gaseous or liquid hydrogen storage methods. Transportation and Industrial Sectors Fuel Hydrogen Demand In addition to grid-level applications, hydrogen energy storage plays a crucial role in the transportation and industrial sectors, both of which are major contributors to carbon emissions. Hydrogen fuel cells, which convert stored hydrogen into electricity with zero emissions, are increasingly being adopted in the automotive sector. North America is witnessing a rise in hydrogen-powered vehicles, including passenger cars, heavy-duty trucks, and public transportation buses. This trend is supported by tightening emissions regulations, particularly in the United States and Canada, where federal and state governments are offering incentives to promote clean mobility. As a result, there is growing demand for reliable hydrogen storage systems that can serve transportation infrastructure such as refueling stations and mobile applications. These developments are further propelling the material-based hydrogen storage market across North America. Energy Storage Systems: A Key Application Segment Among various applications, energy storage systems represent the fastest-growing segment in the North America Material-based Hydrogen Energy Storage Market. The increasing deployment of renewable energy projects—especially large-scale solar and wind farms—has created an urgent need for flexible storage technologies that can manage surplus power effectively. Material-based hydrogen systems are increasingly being chosen for their ability to store large quantities of energy over extended periods, enabling better load balancing and peak shaving. The segment’s growth is also being supported by government investments in utility-scale hydrogen infrastructure, research initiatives on advanced storage materials, and the development of smart grids. Technologies such as metal-organic frameworks (MOFs) and solid-state hydrogen carriers are gaining traction due to their ability to store hydrogen at lower pressures and higher energy densities, offering a safe and efficient alternative to conventional storage methods. Furthermore, the alignment of hydrogen energy storage systems with long-term sustainability and decarbonization goals is leading to their increasing adoption by power utilities and grid operators. These systems enable renewable energy to play a more consistent and reliable role in national energy mixes, reinforcing the sector’s position as a cornerstone of future clean energy strategies. Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the “North America Material-based Hydrogen Energy Storage Market”https://www.techsciresearch.com/report/north-america-material-based-hydrogen-energy-storage-market/28855.html Mexico: A Rising Leader in Hydrogen Storage Innovation While the United States currently dominates the regional market, Mexico is emerging as the fastest-growing country in the North America Material-based Hydrogen Energy Storage Market. Mexico’s rapid progress is underpinned by its commitment to the clean energy transition, as the country leverages its vast renewable energy potential—especially in solar and wind power—to drive green hydrogen production. The Mexican government has launched supportive policies and funding initiatives aimed at accelerating the development of hydrogen infrastructure. Strategic partnerships with international technology providers and energy companies are further enhancing Mexico’s capability in this space. These collaborations are aimed at both domestic deployment and export-oriented hydrogen production, positioning Mexico as a strategic player in the regional hydrogen value chain. Mexico’s focus on modernizing its energy grid, coupled with growing investment in renewable energy and storage technologies, is expected to propel significant growth in the country’s hydrogen storage sector over the coming years. The combination of policy support, technological innovation, and natural resource availability makes Mexico a key growth frontier in the regional hydrogen storage landscape. Future Outlook and Strategic Opportunities As the hydrogen economy gains traction globally, the North America Material-based Hydrogen Energy Storage Market is poised for sustained growth. The combination of renewable energy expansion, policy incentives, and technological innovation is creating a favorable environment for the adoption of hydrogen-based solutions. Key market participants are expected to focus on material science advancements, cost reduction strategies, and scaling production capabilities to meet the growing demand. Moreover, cross-border collaborations, R&D initiatives, and increased public-private partnerships will likely play a crucial role in shaping the future of the market. In conclusion, with rising clean energy targets, evolving transportation technologies, and increasing investments in sustainable infrastructure, the North America Material-based Hydrogen Energy Storage Market is set to play a pivotal role in the region’s transition to a carbon-neutral future. Key market players in the North America Material-based… Read More »