Global Lawn and Garden Equipment Market

GLOBAL REPORT
Michael Aistrup

The global lawn and Garden Equipment Market, which includes commercial and residential equipment, is projected by Power Systems Research to reach sales of $46.16 billion by 2030. This is a projected increase of $15.96 billion dollars from 2023 to 2030, an increase of 52.8%.

The global impact of COVID-19 is stating to wane and the market is returning to a normal growth rate. Individual homeowners are still interested in lawn and garden care, just not as much as during COVID-19. More people are returning to recreational activities.

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Are Sodium Ion Batteries Viable Alternative to Lithium?

ALTERNATIVE POWER REPORT
Guy Youngs
Guy Youngs

Despite lithium ion battery prices continuing to fall, interest in sodium ion (Na-ion) energy storage has not waned. Sodium ion batteries are undergoing a critical period of commercialization as industries from automotive to energy storage bet big on the technology. Sodium ion looks well placed, with superior safety, raw material costs, and environmental credentials.

Sodium ion cells, produced at scale, could be 20% to 30% cheaper than the dominant stationary storage battery technology, lithium ferro/iron-phosphate (LFP), primarily due to abundant sodium and low extraction and purification costs. Sodium ion batteries can use aluminum for the anode current collector instead of copper, which is used in lithium ion batteries, further reducing costs and supply chain risks.

Source: PV Magazine: Read The Article

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