Perpetual Industries Inc. (PRPI) Corporate Media Kit
Market Considerations Perpetual Industries is an incubator of new technology and solutions relevant for integration and application across a wide variety of sectors. Leveraging its proprietary XYO Mechanical Balancing Technology and expertise in the development of low-cost, efficient energy product solu- tions, the company intends to target opportunity in multiple industries. According to Allied Market Research, the global renewable energy market was valued at $928 billion in 2017 and is projected to expand at a 6.1% CAGR to reach $1.5 trillion by 2025 ( https://ibn.fm/C06xF) . Among the segments of the global renewable energy industry, hydroelectric power is projected to be the most lucrative, followed by the wind, bioenergy, solar and geothermal sectors. The U.S. classic car market has recorded steady expansion over recent years. According to Statista, the sector accounts for revenue of approx- imately $12.63 billion in 2020 and is projected to grow at a greater than 7% CAGR to hit $15.52 billion by 2023 ( https://ibn.fm/Fydhj ). U.S.-based classic car dealers have cornered a significant portion of this market opportunity, which, according to IBISWorld, was valued at $2.1 billion in 2021, achieving a CAGR of 1.5% from 2016 to 2021 ( https://ibn.fm/k30F5) .
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