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According to a recent report published by Progressive Markets on the materials and chemicals sector, which titled, "Global Liquefied Petroleum Gas Cylinder Valve Market- Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025", the industry is expected to increase at a CAGR of 4.5% during the period, 2017–2025. It is suitable for manufacturers and stakeholders owing to comprehensive analysis it offers of factors that increase or decrease growth of the market.

Fuel cell is a device that converts chemical energy from fuel into electricity through a chemical reaction. Positively charged hydrogen ions react with hydrogen or other oxidizing agents to convert fuel into electricity, thus being an ecofriendly source of energy. The demand for fuel cells is on a rise to minimize the dependency on nonrenewable energy sources. Applications of these cells are growing in power, cogeneration, automobile, and distributed generation. Moreover, a fuel cell produces less carbon emissions and noise pollution, and is approximately eight times efficient as compared to conventional batteries.

Hydropower turbine are the most prevailing source of production of energy through nonpolluting sources such as low-head turbines, small hydro plants, and run-of river hydro plants. Manufacturers focus on R&D activities to provide better quality of service, reliability, portability, accessibility, and performance. The effects of carbon emissions are taken into consideration and the need to adopt renewable energy technologies is determined. Government agencies promote use of hydropower turbines for energy generation to reduce carbon emission.

Floating, production, storage, and offloading (FPSO) unit is used in oil & gas industry to manufacture and process hydrocarbons and for storage of oil. This unit is designed to accumulate hydrocarbons produced by the production plant, and stores them until they are offloaded into a tanker or transferred through a pipeline. In addition, these units are effective in deep water or remote locations, where seabed pipelines are not affordable. Moreover, the need to install long-distance pipelines from the processing facility to onshore points is eliminated, which presents an affordable solution for smaller oil fields. Furthermore, on depletion of fields, the unit can be shifted to a new location.

Solar cell is an electrical device that absorbs energy from sun to generate electricity. These cells are made up of one or more layer of thin photovoltaic material including glass, metal, and plastics. Electrical characteristics such as resistance, current, and voltage vary depending upon the intensity of light. It is used to manufacture solar panels that produce electrical power from sunlight. Rise in need of sustainable energy fuels the adoption of solar cells. Technological advancements to reduce costs and increase in applications in space present new opportunities in the industry.

Hybrid solar wind system combines solar power and wind source to produce energy. This system is preferred over standalone solar electric system or wind electric system, as it provides continuous electric power supply by combining multiple sources. It is not feasible to supply electric power continuously through standalone systems with constantly varying wind supply and sunlight. In addition, fossil fuels generate maximum energy, which are nonrenewable resources; thus, it is essential to use solar and wind energies to produce power. The energy generated from both sources can be utilized to provide intermittent power supply.

The volume of oil produced exceeds the demand from end users, which has enforced producers to enhance their storage capabilities. Huge storage capabilities offer an advantage of protection against short-term supply fluctuations. Emerging economies adopt strategy of storage for minimization of the price inconsistency and ensure continuous supply to end user industries. Oil storage system manufacturers focus on regulations of governments and regulatory bodies for compliance and prevent leakage in huge storage tanks.

Solar street lighting generates electricity with the help of photovoltaic (PV) mountings on its structure. Solar energy is used to charge PV panels and the energy stored is used to generate electricity at night. Solar street lights are turned on or off by sensing light with the help of fuzzy logic technology or wireless technology. The lighting is less operational, involves low maintenance costs, does not cause pollution, and reduces the risk of accidents. As the electricity is generated with the help of renewable source, energy is also saved. PV panels are mounted based on surrounding conditions and store maximum energy.

Rapid urbanization, industrialization, and high power consumption, and the rise in environmental concerns have catalyzed the demand to the shift of preference toward renewable energy sources. Waste to energy is an innovative way to tackle this issue and many organizations are investing significantly and endeavoring to obtain energy from waste. Energy is generated in terms of heat or electricity by treatment of waste. Governments are funding projects to improve waste management systems and focus on alternative sources of energy. The WTE plants have witnessed a rise primarily across North America and Europe.

Hydraulic cylinder is a mechanical actuator in which unidirectional stroke is used to provide unidirectional force. The demand for these cylinders has increased in industries such as construction, mining, aerospace & defense, and others in China and India to reduce labor costs, thus providing growth opportunities for small-scale companies. Developed countries outsource their needs in these countries to increase profitability. Furthermore, organizations relocate their manufacturing base in emerging countries owing to low manufacturing costs and availability of skilled labor.