Power SCADA Market worth $2.9 Billion by 2028
The global Power SCADA Market is expected to grow from an estimated USD 2.1 billion in 2023 to USD 2.9 billion by 2028, at a CAGR of 7.1% during the 2023–2028 period according to a new report by MarketsandMarkets™. Key to this growth is the increasing emphasis on the modernization and digitization of power infrastructure. Acknowledging the crucial role of SCADA systems,...
Virtual Power Plant Market worth $5.5 Billion by 2029
The global Virtual Power Plant Market is expected to grow from an estimated USD 1.9 billion in 2024 to USD 5.5 billion by 2029, at a CAGR of 23.4% during the 2024–2028 period according to a new report by MarketsandMarkets™. Virtual power plants are essential because they provide enhanced grid stability by optimizing and integrating diverse energy sources, contributing to increased energy...
Carbon Footprint Management Market Trend, Explosive Growth at a CAGR of 22.2%, Opportunity Forecast to 2028
Carbon Footprint Management Market Forecast to 2028
An increase in government initiatives for emissions reduction, increasing demand for energy consumption by industries, and implementation of COP27 targets to limit global warming are the major drivers of the carbon footprint management markets. A general shift toward cloud computing and paperless economy is another factor that would provide opportunities...
Green Energy Revolution: US Electrolyzers Industry Pioneers Hydrogen Economy
The electrolyzers market in the U.S. is a thriving sector within the global market that is expected to grow significantly due to the growing demand from the mobility industry, the presence of big players, and the implementation of stringent environmental regulations emphasizing the use of electrolyzer technology for green hydrogen production. Among the end-use industries, the energy and mobility sector...
Driving Change: The Rise of E-Fuels Market in the US Energy Landscape
The e-fuels market in the U.S. is a thriving sector within the North American e-fuels market that is expected to grow at a significant growth rate due to several factors, such as increasing focus on reducing GHG emissions and rising investments in R&D of e-fuel technologies. Among the end use application, chemical and transportation is anticipated to dominate in the U.S. market. The U.S....
Energy Management Systems Market worth $75.6 Billion by 2028
The global Energy Management Systems Market is expected to grow from an estimated USD 40.7 billion in 2023 to USD 75.6 billion by 2028, at a CAGR of 13.2% during the forecast period. Several laws and regulations aimed at reducing energy consumption and spreading awareness regarding energy conservation have been enacted by regional governments worldwide. These regulations and policies function...
Energy as a Service Market worth $105.6 Billion by 2027
Increasing distributed energy resources, new revenue generation streams for utilities, availability of federal and state tax benefits for energy-efficiency projects and decreasing cost of renewable power generation and storage solutions are driving the demand for energy as a service globally.
The global Energy as a Service Market is expected to grow from USD 64.7 billion in 2022 to USD...
Generator Market Size, Share, Analysis, Regional Outlook and Forecast 2023-2030
The global generator market is projected to reach USD 34.5 billion by 2030 from an estimated USD 23.1 billion in 2023, at a CAGR of 5.9% during the forecast period. The growth of the generator market is driven by growing demand for continuous power supply and evolving new technologies such as fuel cell generators.
Increasing demand for uninterrupted and reliable power supply, rapid industrialization...
Biorefinery Market worth $210.3 Billion by 2027
The global biorefinery market is expected to witness significant growth during the forecast period due to increased government initiatives and increased need for environmental sustainability as well as technological advancements and increased investments in the biorefinery market.
The global Biorefinery Market is projected to grow from USD 141.8 billion in 2022 to USD 210.3...
Green Ammonia Market worth $17.9 Billion by 2030
The global Green Ammonia Market is expected to grow from an estimated USD 0.3 billion in 2023 to USD 17.9 billion by 2030, at a CAGR of 72.9% according to a new report by MarketsandMarkets™. Green ammonia refers to the production of renewable and carbon-free ammonia. It is produced by generating energy from solar/wind/hydropower, which is then fed into an electrolyzer. It...