Electric Traction Motor Market Gains Traction with the Rise of Electric Vehicles

The electric traction motor market has grown significantly in recent years, owing to the growing popularity of electric vehicles (EVs) worldwide. Electric traction motors are a critical component of electric vehicles, providing the necessary power to drive the wheels and propel the vehicle forward. According to a latest research, ‘The global electric traction motor market is projected to...

Geothermal Energy Market Likely to Boost Future Growth by 2027

Geothermal Energy Market
There are numerous market opportunities available in the geothermal energy market globally. A few important opportunity areas include: Emergence of advanced technologies and rise of Geothermal 2.0 Enhanced geothermal systems (EGS) provide a tremendous opportunity for harvesting the vast, untapped heat stored in the shallow continental crust. Enhanced or engineered geothermal systems (EGS)...

Biomass Gasification Market worth $45 Million by 2027

Biomass Gasification Market
The global Biomass Gasification Market is expected to grow from USD 29 million in 2022 to USD 45 million by 2027, at a CAGR of 8.9% according to a new report by MarketsandMarkets™. The biomass gasification market has promising growth potential due to the rising deployment of combined heat and power plants and the rising use of bioethanol. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=105152418 Fixed-bed...

Green Ammonia Market worth $5415 Million by 2030

Green Ammonia Market
The global Green Ammonia Market size is projected to grow from USD 16 million in 2021 to reach USD 5,415 million by 2030, at a CAGR of 90.2% during the forecast period. Green hydrogen projects are increasing as many countries are focusing on investing in the development of a hydrogen-based economy. Investments in hydrogen infrastructure will subsequently bring opportunities for green ammonia...

Offshore Wind Market to Witness Massive Growth by 2026

Offshore Wind Market
The global Offshore Wind Market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. Offshore wind is a crucial pillar in energy mix together with onshore wind for regions such as Europe, Asia Pacific, and North America to achieve their goals pertaining to climate neutrality. Offshore wind turbines are increasingly...

Green Ammonia Market to Surge at 90.2% CAGR till 2030

Green Ammonia Market
The global Green Ammonia Market size is projected to grow from USD 16 million in 2021 to reach USD 5,415 million by 2030, at a CAGR of 90.2% during the forecast period. Green hydrogen projects are increasing as many countries are focusing on investing in the development of a hydrogen-based economy. Investments in hydrogen infrastructure will subsequently bring opportunities for green ammonia production...

Power Plant Control System Market: Technological Innovation Leads to High Demand

power plant control system
Power Plant Control System Market New Revenue Pockets : The global power plant control system market is projected to reach USD 10.2 billion by 2026 from an estimated USD 7.2 billion in 2021, at a CAGR of 7.3% during the forecast period. The growing need for zero downtime power supply solutions for critical power applications is the major driver of the rotary or power plant control system market....

Green Ammonia Market expected to Grow $5,415 Million by 2030

Green Ammonia Market
According to the new market research report “Green Ammonia Market by Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), and Solid Oxide Electrolysis (SOE)), End User (Transportation, Power Generation, and Industrial Feedstock) and Region – Global Forecast to 2030″, published by MarketsandMarkets™, The global Green Ammonia Market size is projected to...

Solid Oxide Fuel Cell Market is Projected to Register a CAGR Value of 30.1% During Forecast Period

solid oxide fuel cell
Solid Oxide Fuel Cell Market New Revenue Pockets The global solid oxide fuel cell market size is projected to reach USD 2,881 million by 2025, at a CAGR of 30.1%, from an estimated USD 772 million in 2020. Government subsidies and increased R&D on fuel cell programs; fuel flexibility and increasing demand for energy-efficient power generation and stringent emission norms in Europe & North...

Distributed Energy Resource Management System Market Witnessing a CAGR of 21.2% During 2021 to 2026

Distributed Energy Resource Management System Market
According to the new market research report “Distributed Energy Resource Management System Market by Application (Solar PV, Wind, Energy Storage, CHP, EV Charging), Software (Analytics, Management & Control, VPP), End User (Industrial, Commercial, Residential), and Region – Global Forecast to 2026” The global distributed energy resource management system market size will...