Generator Sales Market Will Generate Massive Revenue In Future 2023-2030
New Revenue Pockets:
The global generator sales 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 sales market is driven by growing demand for constinuous power supply and evolving new technologies such as fuel cell generators.
Increasing demand for uninterrupted and reliable...
Carbon Offset/Carbon Credit Market to Reach $1,602.7 Billion by 2028
The global Carbon Offset/Carbon Credit Market is projected to reach USD 1,602.7 billion in 2028 from USD 414.8 billion in 2023 at a CAGR of 31.0% according to a new report by MarketsandMarkets™. The Carbon Offset/Carbon Credit Market growth has been attributed to rising global warming and the need to remove carbon from the atmosphere. The market is driven by factors such as growing compliance...
Grid-forming Inverter Market worth $1,042 Million by 2028
The global Grid-forming Inverter Market is projected to reach USD 1,042 million in 2028 from USD 680 million in 2023 at a CAGR of 8.9% according to a new report by MarketsandMarkets™. Grid-forming inverters actively regulate the grid’s frequency and voltage to ensure that it remains within acceptable operating limits, even under varying renewable energy output or load conditions. Unlike...
Circuit Breaker Market worth $8.6 Billion by 2028
The global Circuit Breaker Market is projected to reach USD 8.6 billion in 2028 from USD 6.5 billion in 2023 at a CAGR of 5.5% according to a new report by MarketsandMarkets™. Key drivers for this growth include increasing investments in smart grid technologies aimed at protecting and controlling power equipment, as well as the replacement of aging infrastructure. Additionally, the demand...
Power Management System Market worth $7.5 Billion by 2028
The global Power Management System Market is projected to reach USD 7.5 billion in 2028 from USD 5.8 billion in 2023 at a CAGR of 5.4% according to a new report by MarketsandMarkets™. Power Management System (PMS) is a set of hardware and software components designed to optimize and control the distribution and consumption of electrical power within a given system or facility. It plays a crucial...
Energy Management Systems Market worth $75.6 Billion by 2028
The global Energy Management Systems Market is projected to reach USD 75.6 billion in 2028 from USD 40.7 billion in 2023 at a CAGR of 13.2% according to a new report by MarketsandMarkets™. EMS determines the most cost-effective configuration for power production, transmission, and distribution throughout the network, considering the required criteria for system stability, safety, and reliability....
Hydrogen Market to touch USD 410.6 Billion at a 7.8% CAGR by 2030
The global hydrogen market is projected to reach USD 410.6 billion by 2030 from an estimated USD 242.7 billion in 2023, at a CAGR of 7.8% during the forecast period.
Hydrogen is the lightest and most abundant element in the universe. Hydrogen gas has an excellent energy carrying capacity. It can be produced in large quantities and supplied to large-scale industries for various operations. It can...
Fuel Cell Generator Market worth $2.1 Billion by 2030
The global Fuel Cell Generator Market is projected to reach USD 2.1 billion in 2030 from USD 0.4 billion in 2023 at a CAGR of 25.4% according to a new report by MarketsandMarkets™. The chemical energy of a fuel is converted directly into electricity by a fuel cell generator, which is an electrical power generation system that makes use of fuel cell technology. It is made up of a stack of fuel...
Hydraulic Fracturing Market Size to Reach $74.4 billion by 2028
According to a research report “Hydraulic Fracturing Market by Well Type (Horizontal Well, and Vertical Well), Technology (Plug and Perf, and Sliding Sleeve), Application (Shale gas, Tight Oil, and Tight gas) and Region – Global Trends and Forecast to 2028″ published by MarketsandMarkets, the global hydraulic fracturing market is projected to reach USD 74.4 billion by 2028 from an...
AC Circuit Breaker Market worth $5.3 Billion by 2028
The global AC Circuit Breaker Market is projected to reach USD 5.3 billion in 2028 from USD 4.1 billion in 2023 at a CAGR of 5.3% according to a new report by MarketsandMarkets™. An AC circuit breaker is a switch that interrupts or breaks the flow of electrical energy. The AC power system uses alternating current (AC) and it must be interrupted by an approved device for safety reasons. It...