Fossil fuel

Electric Heat Tracing Market worth $4.34 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 25, 2024

In self-regulating heat tracing systems, heating cables are designed to automatically adapt their heat output in response to changes in ambient temperature.

Key Points: 
  • In self-regulating heat tracing systems, heating cables are designed to automatically adapt their heat output in response to changes in ambient temperature.
  • As a result, the market for self-regulating heat tracing cables is poised to capture the largest market share and demonstrate the highest CAGR throughout the forecast period.
  • Oil & Gas industry is projected to have the largest market share of electric heat tracing market during forecast period.
  • In the forecasting period, the electric heat tracing market within the oil & gas industry is poised to dominate the market share.

Electric Heat Tracing Market worth $4.34 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 25, 2024

In self-regulating heat tracing systems, heating cables are designed to automatically adapt their heat output in response to changes in ambient temperature.

Key Points: 
  • In self-regulating heat tracing systems, heating cables are designed to automatically adapt their heat output in response to changes in ambient temperature.
  • As a result, the market for self-regulating heat tracing cables is poised to capture the largest market share and demonstrate the highest CAGR throughout the forecast period.
  • Oil & Gas industry is projected to have the largest market share of electric heat tracing market during forecast period.
  • In the forecasting period, the electric heat tracing market within the oil & gas industry is poised to dominate the market share.

Global Vehicle to Grid Market 10 Year Forecast Report 2024-2034 - Supportive Government Regulations and Financial Incentives for V2G Deployment

Retrieved on: 
Tuesday, March 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.

Key Points: 
  • 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.
  • Supportive Government Regulations and Financial Incentives for V2G Deployment.
  • Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising vehicle-to-grid (V2G) prices and recent developments.

Environmental Risk and Compliance Strategy Expert Tapped for Leadership at J.S. Held

Retrieved on: 
Wednesday, March 13, 2024

Held, proudly celebrating 50 transformative years, elevates Executive Vice President John Peiserich, Esq ., to oversee the Environmental, Health & Safety (EHS) practice.

Key Points: 
  • Held, proudly celebrating 50 transformative years, elevates Executive Vice President John Peiserich, Esq ., to oversee the Environmental, Health & Safety (EHS) practice.
  • Held environmental risk and compliance strategy experts, John holds a J.D.
  • "John's background as a practicing environmental attorney best positions John to understand, anticipate, and discuss with counsel the ever-changing legal landscape surrounding environmental risk and compliance strategy," observes Paul Banks.
  • John has extensive experience evaluating the risk associated with potential and ongoing compliance obligations, developing strategies around those obligations, and working to implement a client-focused compliance strategy.

Vallourec Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Friday, March 1, 2024

In Q4 2023, Vallourec recorded a €153 million income related to the reversal of previously-booked impairments.

Key Points: 
  • In Q4 2023, Vallourec recorded a €153 million income related to the reversal of previously-booked impairments.
  • In Q4 2023, Vallourec recorded a (€185) million charge predominantly related to its restructuring efforts in Germany.
  • Over the full year 2023, Vallourec recorded revenues of €5,114 million, up 5% year-on-year (+6% at constant exchange rates).
  • This estimate includes the impact of the provisions and charges recorded in Fourth Quarter 2023.

Spectaire Enhances Production to 500 Units Monthly Due to Unprecedented Market Demand

Retrieved on: 
Thursday, February 29, 2024

To meet this extraordinary demand and guarantee prompt delivery to its clientele, Spectaire is substantially upgrading its production facilities.

Key Points: 
  • To meet this extraordinary demand and guarantee prompt delivery to its clientele, Spectaire is substantially upgrading its production facilities.
  • "Elevating our production to 500 units monthly by August 2024 is a significant achievement for Spectaire.
  • Moreover, Spectaire acknowledges the collaboration with partners and customers in developing the latest Oil & Gas units.
  • With flexible subscription plans ranging from $100 monthly to $10000 annually per unit, Spectaire is set to make a significant impact on global emissions reduction efforts.

Global Marine Battery Industry Report 2024-2029: Growing Demand for Electric Propulsion Systems, Expansion of the Electric and Hybrid Vessels Gaining Momentum

Retrieved on: 
Tuesday, March 5, 2024

Key factors influencing the market include the global push towards electrification in shipping, advancements in battery technology, government policies promoting emission reductions, and the expansion of electric and hybrid vessel fleets.

Key Points: 
  • Key factors influencing the market include the global push towards electrification in shipping, advancements in battery technology, government policies promoting emission reductions, and the expansion of electric and hybrid vessel fleets.
  • As a critical component in the transition towards greener marine technologies, the marine battery market is poised for substantial growth and innovation.
  • Growing Demand for Electric Propulsion Systems in Marine Applications:
    Environmental Regulations: Stringent regulations, like the IMO's sulfur cap and decarbonization initiatives, drive the adoption of cleaner technologies.
  • Expansion of the Electric and Hybrid Vessel Market:
    Fuel Efficiency and Cost Reduction: Electric and hybrid propulsion systems offer fuel efficiency and operational cost savings.

Neil Manning Appointed as CEO of Cellula Robotics Ltd., Elevating Leadership Role

Retrieved on: 
Tuesday, March 5, 2024

Neil Manning joined Cellula Robotics Ltd.

Key Points: 
  • Neil Manning joined Cellula Robotics Ltd.
  • We are excited that Neil is now positioned to lead Cellula into a new era of innovation and growth."
  • During his time as Corporate Development Officer, Neil Manning played a pivotal role in shaping Cellula's strategic direction, driving business development initiatives and fostering key partnerships.
  • Under Neil Manning's leadership, Cellula Robotics Ltd. is poised to build upon its strong foundation and accelerate its growth trajectory.

Lantronix Reports Record Revenue for Second Quarter of Fiscal 2024

Retrieved on: 
Thursday, February 8, 2024

Second Quarter Net Revenue of $37 Million, up 12 Percent Sequentially and up 18 Percent Year-Over-Year

Key Points: 
  • Second Quarter Net Revenue of $37 Million, up 12 Percent Sequentially and up 18 Percent Year-Over-Year
    Second Quarter GAAP EPS of ($0.07) vs. ($0.07) in the Prior Year
    Second Quarter Non-GAAP EPS of $0.08 vs. $0.04 in the Prior Year
    IRVINE, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions that target high-growth applications in Smart Cities, Automotive and Enterprise, today reported results for its second quarter of fiscal 2024.
  • GAAP EPS of ($0.07), compared to ($0.07) in the prior year and ($0.05) in the prior quarter.
  • For the third fiscal quarter of 2024, the company expects revenue in a range of $38 million to $42 million and non-GAAP EPS of $0.09 to $0.13 per share.
  • Management will host an investor conference call and audio webcast on Thursday, Feb. 8, 2024, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its results for the second quarter of fiscal 2024 that ended Dec. 31, 2023.

RBC Climate Action Institute Releases Inaugural Climate Action Report

Retrieved on: 
Tuesday, February 6, 2024

TORONTO, Feb. 6, 2024 /CNW/ - Today, the RBC Climate Action Institute released its Climate Action 2024 report, offering an unprecedented look at Canada's climate progress and readiness.

Key Points: 
  • TORONTO, Feb. 6, 2024 /CNW/ - Today, the RBC Climate Action Institute released its Climate Action 2024 report, offering an unprecedented look at Canada's climate progress and readiness.
  • Informed by population-level surveys, industry data, and tailored research methodologies, the team of researchers at RBC's new RBC Climate Action Institute reveal many findings that explore Canada's climate readiness.
  • In addition to a macro analysis of decarbonization pathways, Climate Action 2024 profiles some Canadian companies at the forefront of climate action.
  • However, climate action isn't happening fast enough," said Myha Truong-Regan, head of Climate Research, RBC Climate Action Institute.