Insightful Marketer

Hydropower generation market  Hydropower generation uses the energy of flowing water to generate electricity through hydro turbines which converts the kinetic energy of flowing water into electrical energy. Hydropower is a renewable and reliable source of energy and plays a crucial role in reducing greenhouse gas emissions by offsetting fossil fuel-based power generation. It provides numerous advantages such as low operational cost, no fuel cost, high efficiency, and can be used for peak as well as base load power applications. With growing population and rapid industrialization, the demand for energy is increasing exponentially across the globe. The global hydropower generation market is estimated to be valued at US$ 251.99 Bn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The opportunity of increasing energy demand presents a lucrative growth pathw...

Seismic survey market The seismic survey market is estimated to be valued at  US$ 21.86 Bn in 2023  and is expected to exhibit a  CAGR of 4.7%  over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Seismic surveys are widely used in oil and gas exploration projects to map potential underground oil and natural gas reserves. They help determine locations and shapes of geological formations and structures beneath the Earth's surface. Seismic surveys provide geophysical data that are used in exploration and production activities like drilling and monitoring of oilfields. Market key trends: One of the key trends driving growth of the seismic survey market is the increasing number of exploration projects across the globe. Oil and gas companies are actively investing in exploration of new reserves to meets rising energy demand. According to the International Energy Agency (IEA), global oil demand is pro...