Screw Compressor Market Share Expected to Reach $16.30 Billion by 2030
The global Screw Compressor Market is projected to grow from estimated USD 12.74 billion in 2025 to USD 16.30 billion by 2030, at a CAGR of 5.0% during the forecast period. The market is growing due to Industrialization, demand for energy-efficient solutions, and growth in the manufacturing, oil and gas, and construction industries. Strict emission regulations and the necessity for low-maintenance,...
Power Factor Correction Market Set to Reach $3.3 billion by 2030
The power factor correction market is booming! Projections show it reaching a substantial USD 3.3 billion by 2030, a significant jump from USD 2.4 billion in 2024. This represents a compound annual growth rate (CAGR) of 5.5%, indicating strong and steady expansion.
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What’s Driving This Growth?
Several...
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...
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...
Power Quality Equipment Market Size to Grow $52.47 billion by 2030
The Power Quality Equipment Market is anticipated to grow from an estimated USD 38.19 billion in 2025 to USD 52.47 billion by 2030, at a compound annual growth rate (CAGR) of 6.6% during the forecast period. The growth of the market is mainly fueled by the increasing use of sensitive electronic equipment in industrial, commercial, and residential applications, which requires better power quality solutions...
Continuous Thermal Monitoring Market to Attain US$1.49 Billion Showing a 6.8% CAGR Forecast By 2024-2030
The Continuous Thermal Monitoring Market is projected to reach USD 1.49 billion by 2030 from an estimated USD 1.00 billion in 2024, at a CAGR of 6.8% during the forecast period (2024–2030).
The market is growing due to predictive maintenance and equipment reliability within industry trends worldwide. With relatively emerging thermal sensors and infrared cameras, coupled with analytics powered...
Offsite Data Center Power Infrastructure Industry Unlocking Growth Exploring Future Market Size for New Opportunities
The global offsite data center power infrastructure market is projected to reach USD 35.4 billion by 2030, showing a growth from the estimated USD 13.4 billion in 2024, with a compound annual growth rate (CAGR) of 17.6% from 2024 to 2030. Various new revenue pockets within the global offsite data center power infrastructure market are emerging as a result of several changing trends and demand determinants....
DERMS Market Anticipated to Reach $1.44 billion by 2029, Witnessing a CAGR of 18.8% During 2024 to 2029
The Distributed energy resource management systems (DERMS) market is expected to grow from an estimated in USD 0.61 billion in 2024 to USD 1.44 billion by 2029, at a CAGR of 18.8% during the forecast period. The market for DERMS is thus growing rapidly. Some of the key factors driving the market are increased adoption of renewable energy sources such as solar and wind power, which are considered significant...
Residential Energy Storage Market Continues Steady Growth – Projected to Hit $4.58 billion by 2030
The global Residential Energy Storage market is anticipated to grow from an estimated USD 2.69 billion in 2024 to USD 4.58 billion by 2030, at a CAGR of 9.3% during the forecast period.
Rapid developments in battery technologies, especially in lithium-ion systems, have led to cost decline at levels that see energy storage systems increasingly come closer to the residential customer. Improvements...