The clean energy transition is gaining momentum due to nations' active interest in climate change issues. In 2024, significant breakthroughs in the green energy transformation research and development sector are commendable. Transition in the transportation and energy sector will gradually create compelling results in 2024. In light of the green energy transformation, hydrogen trust will surpass renewable energy development in 2024.

According to a recent survey on hydrogen trust, the investment in hydrogen trust focuses on funds for clean hydrogen generation. It is to be noted that investment in hydrogen has a strong hold over the funds market. Data reported that Hydrogen Trust's annual growth has been 3.6 percent since 2023. Since 2024…

The growing concerns over climate change in 2024 are increasing the demand for rechargeable batteries. There has been a surge in lithium-ion batteries since the beginning of 2024. Several studies have developed a substitute for lithium-ion batteries to meet the growing market expectations for 2024. Hence, China's battery production surged in 2024. However, China decided to lower the battery production in 2024 due to the overcapacity of batteries in the market.

According to a survey in 2024, China's battery market surpasses the global demand, which can lead to an oversupply of batteries in the market. Hence, Chinese authorities have decided to put a full stop to battery production in 2024. Chinese authorities have drawn specific guidelines…

The renewable energy industry is gaining momentum due to the transition of clean energy worldwide. The nations globally aim to achieve net zero emissions by the end of 2050. In the United States, the targets of clean energy transition are to be completed by 2035. Hence, global green energy is rapidly moving day by day. The energy market will witness more investment in renewables in 2024. Large companies like Amazon are setting themselves up as one of the most prominent investors in renewables. Amazon has invested in solar and wind energy for the past four years to support green energy transformation. Studies have proven that Amazon will be the most significant corporate investor in renewable energy for the fourth time in 2024

There is a growing demand for smartphones in the era of artificial intelligence. The technology-driven market prioritizes smartphones and personal computers (PCs) over tablets. It is due to consumers' convenience to reach out to smaller or larger versions, skipping the middle version devices. However, tablets have been a dispensable part of remote work culture in the past two to three years. The survey notes that tablet sales have declined in the market in a decade in 2024. It shows that tablet shipments worldwide have dropped to 128.5 million by 2023. However, the first quarter of 2024 shows signs of improvement with a 0.5 percent year-on-year growth percentage.

According to the survey on tablet shipment, the market suffered a sharp…

Lithium-ion batteries are gaining momentum due to increasing demand for electric vehicles in light of the clean energy transition. However, the industrial sector is finding different alternatives to lithium-ion batteries for various applications. A study finds sodium-ion batteries with high power and energy as a robust alternative to lithium-ion batteries in 2024.

Lithium-ion batteries have grown with the progress in clean energy transition. This is due to electric vehicle development for the greener transformation as it causes fewer emissions. However, lithium-ion batteries have certain demerits that force researchers to find a better replacement for untroubled clean energy transition in 2024. Researchers develop a better alternative to…

Most countries see a drop in smoking, except for Indonesia, which is expected to increase the number of people smoking by 2030. According to the data released by a recent study, revenue in the smoking Tobacco segment amounts to USD 59.33 billion in 2023. China has generated the most revenue in the smoking tobacco segment, which is USD 13,110 million in 2023 in the global comparison.

Globally, there will be a slow shift away from smoking tobacco over the coming years. It is forecasted that there will be a decrease of between 3 to 4 million smokers between 2021 and 2030. In the United States, smokers are expected to fall from 67 million to 63 million by the end of 2030. But a recent data also shows that U.S. adults are the biggest spenders…

Artificial intelligence has controlled the growth and fall of technological companies for the last five years, and 2024 is expected to see a rapid ascendance in technical companies. The new technological advancements reflect the growth of specialized companies to flourish further in 2024 with new developmental plans on the list.

According to surveys, 2023 was essential for technological advancements, with different ventures and new developments throughout. The year 2024 is expected to be balanced with a different position of artificial intelligence in the market. Experts believe that investment in artificial intelligence will be less as the prices of AI-based companies skyrocket in 2024. However, other sources mention investments of around…

The global e-commerce market is projected to grow faster in 2024. The gross domestic product (GDP) in economically stable nations like Italy, Brazil, Canada, or Russia is expected to increase less compared to 2023. Amazon is reported to be the dominating e-commerce organization in 2024.

According to surveys, the global e-commerce market was reportedly at USD 2.5 trillion and USD 3 trillion in 2023. The projections for market value in 2024 are less compared to 2023, as per the survey results. Experts believe Amazon will be an essential company in 2024's economy due to its excellent performance in the e-commerce market throughout 2023. Amazon in 2023 is reported to generate a net income of USD 30 billion annually from total revenues of USD…

Geothermal energy is gaining momentum with the rising trend of the clean energy transition. Industries are adopting renewable sources of energy to reduce the rate of harmful emissions. In 2024, geothermal energy production has increased in the different regions of the world. Latin America tends to increase the rate of geothermal energy production throughout 2024.

Based on surveys, investments in geothermal energy production are expected to soar higher in Latin America by 2024. It is anticipated that Latin America will have a good hold over renewable sources of energy. Geothermal energy production surges in 2024 can be the main factor accelerating Latin America's investment for its production. Studies report that Latin America has an…

The oil industry experiences growing demands from different sectors in the market. Geopolitical issues are affecting oil transportation, leading to oil market fluctuations in 2024. According to market observations, the oil market may experience increasing demand in the middle of 2024. However, the clean energy transition is a hurdle for the oil market. Due to the fast transition pace in the energy market, there is a low demand for conventional energy. However, research suggests that oil demand may grow again in 2024 due to insufficient renewable energy sources to meet consumer demand. Surveys in 2024 indicate that two significant sectors in the energy market driving the conventional fuel demand are transportation and static sectors (such as…

The global cloud market is dominated by Amazon Web Services (AWS), Google Cloud, and Microsoft at the beginning of 2024. The cloud infrastructure has grown over the years with the latest developments in the technical field. It is necessary to keep up with the cloud infrastructure in this world of artificial intelligence in 2024. Survey shows that Amazon web services rank higher in the cloud industry, leaving behind others in 2024. Retailers find Amazon Web Services to be a trustworthy cloud platform. Thus, Amazon's web services will be the most sought-after cloud platform in 2024.

Based on the surveys, amazon web services surpass other cloud industries to rank higher in position for the first quarter of 2024. AWS overcomes Microsoft as the…

The clean energy transition aims to transform the nation's energy sector globally. It aims at decarbonization, countries adopting up to 80 percent renewable energy sources, and others. Researchers have developed a new solar cell to transform power conversion efficiency up to 27.1 percent in 2024. It can convert solar energy into such energy per one square centimeter of solar energy absorption area. Researchers from the University of Singapore found this triple-junction perovskite tandem solar cell that transforms energy.

According to the research data, the study involved the team experimenting with the new cyanate-infused perovskite solar cell to get the results. It is energy efficient and, at the same time, stable. Solar cells have the…

Nickel prices are facing downward momentum in the metal market in 2024. The prices for nickel in the market have grown in the past months but have fallen again. Therefore, surveys from the March 2024 metal market show mixed signals for the stainless steel market in 2024.

According to a survey conducted in 2024, the stainless steel market faces a shaking position in the metal market. It is due to the changing prices of nickel in the first half of 2024. Nickel prices have created a balance in the past months with the growing momentum of market prices. However, nickel prices fell due to a bearish outlook in the metal market. The overall situation of the metal market faced a downfall in demand throughout 2023. It is expected that the same…

Clean energy transitions are increasing the energy sector's potential to find different ways to advance the transformation process in 2024. Recently, reconductoring has gained much attention to be adopted by various investors in the energy sector. This is due to the growth and transformation happening in the energy sector of different economies. Researchers found a new method to increase the grid capacity in the United States in 2024. The latest study suggests upgrading older power lines in the United States in 2024.

The process of reconductoring includes replacing the existing conductors carrying currents with higher-capacity conductors in the transmission lines. The new method of adapting the idea of reconductoring will involve replacing…