Energy as a Service Market Size, Share, Trends & Analysis Report, 2030
The global Energy as a Service Market is anticipated to grow from estimated USD 51.88 billion in 2024 to USD 100.34 billion by 2030, at a CAGR of 11.6% during the forecast period. Major forces driving the Energy as a Service Market include the increased need for energy efficiency, surging energy prices, and global trends toward carbon neutrality and sustainability. Business houses are adopting...
Nuclear Power Market Share Expected to Reach $44.71 billion by 2029
The global Nuclear Power Market Share is expected to grow from estimated USD 38.84 billion in 2024 to USD 44.71 billion by 2029, at a CAGR of 2.9% during the forecast period. The major factors driving the market growth of the nuclear power market include various driving factors such as many governments view nuclear power as a strategic constituent of their energy policy, and provide subsidies,...
Electrolyzers Market Share Expected to Reach $78.01 billion by 2030
The global Electrolyzers Market Share is expected to grow from estimated USD 3.75 billion in 2024 to USD 78.01 billion by 2030, at a CAGR of 65.9% during the forecast period. This growth mainly comes in response to supportive government initiatives that encourage renewable energy technologies as well as advancements in the electrolysis process. Electrolyzers play a crucial role in the production...
Global Engines & Gensets Industry Outlook
The global Engines and Gensets Outlook is expected to grow from estimated USD 401.95 billion in 2024 to USD 417.31 billion by 2025, at a YoY increase of 3.8%. The engines and gensets outlook highlights that both industries are experiencing significant growth driven by the rising demand for fuel-efficient, low-emission engines and reliable power solutions. Engine, which convert fuel into mechanical...
Hydrogen Truck Market Size, Share, Trends, Demand & Forecast 2035
The global hydrogen truck market size is projected to grow from USD 1.9 billion in 2024 to USD 10.8 billion in 2035, at a CAGR of 16.9%.
Hydrogen Truck market is growing due to expansion in hydrogen refuelling infrastructure and advancements in fuel cell technology, R&D in liquid hydrogen technology, along with rising consumer interest in zero-emission vehicles. Also, the shift towards hydrogen...
Electric Scooter Motor Market Size, Share, Trends & Demand 2030
The global Electric Scooter Motor Market Size is projected to grow from USD 416.0 million in 2024 to USD 1,201.2 million by 2030, registering a CAGR of 19.3%.
The surging popularity of electric two-wheelers, due to their affordability, convenience, and eco-friendliness, is directly fuelling the demand for electric scooter motors. Advancements in motor technology, resulting in improved efficiency,...
North America Will Dominate The Heat Pump Market Projected to Reach $157.8 Billion by 2029
The global Heat Pump Market is expected to reach USD 157.8 billion by 2029 from USD 90.1 billion in 2024 at a CAGR of 11.8% during the 2024-2029 period. The heat pump market in the US witnessed substantial growth owing to the growing adoption of energy-efficient systems, favorable governmental incentives for renewable energy adoption, and the need to reduce carbon emissions. As such, heat pumps are...
Green Revolution in North America: Biorefinery Industry to Reach $314.62 Billion by 2029
The global Biorefinery Industry is expected to grow from estimated USD 212.05 billion in 2024 to USD 314.62 billion by 2029, at a CAGR of 8.2% during the forecast period. The US biorefinery market is an emerging sector in the global market and is expected to grow exponentially with increased demand for renewable energy fuels that biorefineries can produce biofuels and bio-based products. Feedstocks...
Hydrogen Energy Storage Market – Europe Market Scenario With Key Players and Market Trend
The European hydrogen energy storage market is an emerging sector within the global market that is expected to grow significantly due to the rise in fuel cell adoption, strict regulations related to emission control, and the inclination toward cleaner fuels.
The European countries have their energy policies in various phases of development, while the EU region has set a binding target for reducing...
North America Leads the Charge: Portable Power Station Market Share to Reach $1.1 billion by 2028
The global Portable Power Station Market is projected to grow from USD 0.5 billion in 2023 to USD 1.1 billion by 2028, at a CAGR of 18.4% during the 2023-2028. The portable power station market in the U.S. is experiencing significant growth, driven by several factors. The rising popularity of outdoor activities such as camping and recreation, stringent emission control regulations, and increasing...