Distributed Control System Market Will Hit Big Revenues In Future | Siemens, ABB, Schneider Electric
A distributed control system (DCS) is an industrial automation solution widely utilized in process industries. Its main function is to enable plant control through a network of supervisory and control elements distributed throughout the facility. DCS is commonly employed in industries like food & beverages, pharmaceuticals, and petrochemicals, where it efficiently manages manufacturing processes....
Green Ammonia Market May Reach to $6.2 Billion by 2030 at CAGR of 66.0%
The global Green Ammonia Market in terms of revenue was estimated to be worth $0.3 billion in 2024 and is poised to reach $6.2 billion by 2030, growing at a CAGR of 66.0% from 2024 to 2030 according to a new report by MarketsandMarkets™.
Green ammonia may be produced using renewable energy sources such as wind and solar power. This integration promotes the use of excess renewable energy, which...
Smart Grid Market Size to Grow $185.0 Billion by 2029
The global Smart Grid Market in terms of revenue was estimated to be worth $71.8 billion in 2024 and is poised to reach $185.0 billion by 2029, growing at a CAGR of 20.8% from 2024 to 2029 according to a new report by MarketsandMarkets™.
The demand for smart grid is on the rise due to various factors. Expansion in industries like manufacturing, automotive, and construction contributes to increased...
Bifacial Solar Market worth $37.6 Billion by 2029
The global Bifacial Solar Market in terms of revenue was estimated to be worth $18.5 billion in 2024 and is poised to reach $37.6 billion by 2029, growing at a CAGR of 15.2% from 2024 to 2029 according to a new report by MarketsandMarkets™.
The global Bifacial Solar Market is anticipated to grow at a higher level. There are various drivers responsible for the growth of the market such as government...
Diesel Power Engine Market May Reach to $25.2 Billion by 2029 at CAGR of 4.5%
New Revenue Pockets:
The global diesel power engine market is projected to reach USD 25.2 billion by 2029, showing a growth from the estimated USD 20.1 billion in 2024, with a compound annual growth rate (CAGR) of 4.5% from 2024 to 2029. The diesel power engine market is evolving, and several new revenue pockets are emerging, driven by advancements in technology, shifting market demands,...
Produced Water Treatment Market Size to Grow $13.4 billion by 2029 | SLB, Baker Hughes, TechnipFMC
According to a research report “Produced Water Treatment Market by Application (Onshore, Offshore), Source (Conventional, Unconventional), Treatment (Primary treatment, Secondary treatment, Tertiary treatment) and Region – Global Forecast to 2029″ published by MarketsandMarkets, the produced water treatment market is forecast to reach USD 13.4 billion by 2029 from an estimated USD...
Sustainable Fuel Market Size to Hit $299.9 billion by 2029 | ADM, Shell plc, Siemens Energy AG, Saudi Arabian Oil Co.
According to a research report “Sustainable Fuel Market by Type (Renewable Fuels, Low Carbon Fossil Fuels), Fuel Type (Biofuels, E-Fuels, Hydrogen, Biomethane, CNG), End User (Road transportation, Marine, Aviation), State (Liquid, Gas) and Region – Global Forecast to 2029″ published by MarketsandMarkets, the global Sustainable Fuel Market is projected to reach USD 299.9 billion by...
Thermoelectric Generators Market Growth Analysis: 2022-2027 Trends and Projections
Thermoelectric technology, capable of converting heat into electricity and vice versa, has garnered global attention for its applications in power generation and solid-state cooling. Its versatility spans across various sectors, from terrestrial to space exploration, making it a key player in energy solutions.
The Thermoelectric Generators Market is experiencing remarkable growth, projected...
Synchronous Condenser Market Analysis, Share, Growth, Demand & Forecast 2030
The global Synchronous Condenser Market is estimated to grow from USD 661 million in 2022 to USD 811 million by 2030, at a CAGR of 2.6% during the forecast period. Synchronous condensers ensure a stable supply to the transmission grid. They can also supply and absorb reactive power and deliver voltage support and dynamic regulation. In addition, many renewable resources are remotely...
Instrument Transformers Market to Witness Exponential Growth by 2030
New Revenue Pockets:
The global market for instrument transformers is projected to reach USD 10.6 billion by 2030, showing a growth from the estimated USD 7.1 billion in 2023, with a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. The instrument transformers market is expected to grow due to a rise in the electricity demand, grid modernization, and the growing focus on renewable...