Industrial Power Supply Market Expected to Grow $14.5 Billion by 2027
The global Industrial Power Supply Market is expected to grow from USD 10.8 billion in 2022 to USD 14.5 billion by 2027, at a CAGR of 6.0% during the forecast period. The growth of the industrial power supply market can be attributed to growing investments in energy-efficient devices in the industrial sectors and the adoption of robots across several industries. The growing sale...
Blue Hydrogen Market worth $44.5 Billion by 2030
The
global Blue Hydrogen Market is projected to grow from USD 18.2 billion in 2022 to USD 44.5 billion
by 2030, at a CAGR of 11.9% according to a new report by MarketsandMarkets™. The factors driving the growth of the Blue Hydrogen Market are the
increasing hydrogen demand in petroleum refineries and transportation and Power
Generation Facilities applications.
SMR is
estimated to be the fastest-growing...
Thermal Energy Storage Market worth $369 Million by 2025
The global Thermal Energy Storage Market size is projected to reach USD 369 million by 2025, at a CAGR of 14.4%, from an estimated USD 188 million in 2020. The growth of the thermal energy storage market is majorly driven by increasing demand for energy storage technologies, rising number of CSP projects, and increasing HVAC applications.
Thermal energy storage in concentrating solar...
Brushless DC Motor Market worth $15.2 Billion by 2025
The global brushless DC Motor market size is expected to grow from an estimated USD 9.6 billion in 2020 to USD 15.2 billion by 2025, at a CAGR of 9.5%, during the forecast period. Increasing industrial applications of these motors and surging adoption of brushless DC motors in HVAC, automotive, and consumer electronics applications are expected to be the key factors driving the brushless...
Energy as a Service Market Expected to Grow $105.6 Billion by 2027
The global Energy as a Service Market is expected to grow from USD 64.7 billion in 2022 to USD 105.6 billion by 2027, at a CAGR of 10.3% according to a new report by MarketsandMarkets™. 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...
Inverter Market size to grow by $33.8 Bn; Evolving Opportunities with SMA Solar Technology, Huawei Technologies, Sungrow Power Supply and FIMER
New Revenue Pockets:
The global inverter market is expected to grow at a CAGR of 15.7% to USD 33.8 billion by 2027, up from an estimated USD 16.3 billion in 2022. The increasing investments in the renewable energy sector and the rise in the number of solar installations attributed to government led incentives and schemes worldwide fueling demand for inverters to drive the demand for global inverters.
With...
Green Ammonia Market worth $5415 Million by 2030
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...
Protective Relay Market worth $2.7 Billion by 2025
The global Protective Relay Market is projected to reach USD 2.7 billion by 2025 from an estimated market size of USD 2.0 billion in 2020, at a CAGR of 5.7% during the forecast period. The global Protective Relay Market is set to witness significant growth owing to increased renewable capacity addition, substation automation, and replacement of older electromechanical relays with new and...
Power Plant Boiler Market worth $22.8 Billion by 2025
The global Power Plant Boiler Market size is expected to grow from an estimated USD 18.1 billion in 2020 to USD 22.8 billion by 2025, at a CAGR of 4.8%, during the forecast period. Increasing demand for electricity and growing focus on clean fossil fuels such as natural gas, which helps reduce greenhouse gas emissions, are the key factors driving the power plant boiler market. Power plant...
Portable Power Station Market worth $494 Million by 2026
The global Portable
Power Station Market size is projected to grow from USD 358 million in
2021 to USD 494 million by 2026, at a CAGR of 6.7% according to a new report by
MarketsandMarkets™. North America is expected to lead the portable power
station market, followed by Asia Pacific and Europe. The market in North
America is also expected to grow at the highest rate during the forecast
period....