Blue Ammonia Market Share Expected to Reach $7,664 Million by 2030
The global Blue Ammonia Market is expected to grow from an estimated USD 78 million in 2023 to USD 7,664 million by 2030, at a CAGR of 62.3% according to a new report by MarketsandMarkets™. Blue ammonia is a type of ammonia that is produced using natural gas as a feedstock, but with the carbon dioxide emissions from the production process captured and stored. This makes blue ammonia a lower-carbon...
Exclusive Growth Opportunity Driving the Future of Carbon Offset/Carbon Credit Industry
The global Carbon Offset/Carbon Credit Industry is expected to grow from USD 414.8 billion in 2023 to USD 1,602.7 billion by 2028, at a CAGR of 31.0% from 2023 to 2028. The voluntary carbon market continues to play a critical role in that transition by helping to channel funding into projects that reduce carbon emissions or remove carbon from the atmosphere. Since, the need to curb global warming...
Exclusive Growth Opportunity Driving the Future of Combined Heat and Power Industry
The market for Combined heat and power industry is propelled by factors such as increased demand for energy efficiency and environmental regulations, energy security, cost savings, and technological advancements. They offer advantages such as improved reliability, enhanced energy independence, and reduced environmental impact, further driving market growth.
The global Combined heat and power market...
Electric Motors Market Size to Hit $206.4 billion by 2029
The global Electric Motors Market by value, is estimated to be USD 152.2 billion in 2024 and is projected to reach USD 206.4 billion by 2029, growing at a CAGR of 6.3% from 2024 to 2029. Due to the growing demand for electric motors within the global automotive, manufacturing, and renewable energy sectors, among others, the electric motor market has bloomed forth globally. All these sectors inherit...
Efficiency and Reliability of Synchronous Generators: A Comparative Analysis
Synchronous generators are pivotal components in modern power systems, transforming mechanical energy into electrical energy. Their efficiency and reliability are paramount for ensuring a stable and efficient power supply. This article delves into a comparative analysis of synchronous generators, examining their different types, factors influencing their efficiency and reliability, and strategies...
Exploring the Growth of Electrolyzer Market Size Amidst the Hydrogen Revolution
The global Electrolyzer Market Size is expected to reach USD 57.2 billion by 2030 from USD 0.5 billion in 2023 at a CAGR of 97.7% during the 2023–2030 period. The growing demand for cleaner fuels is one of the major factors driving the Electrolyzers Market. Global electrolyzers demand has been increasing gradually due to goals set to achieve net zero emissions in recent years. Governments worldwide...
With 5.4% CAGR, Diesel Generator Market to Reach $23.4 Billion by 2029
The global Diesel Generator Market is expected to reach USD 23.4 billion by 2029 from USD 17.9 billion in 2024 at a CAGR of 5.4% during the forecast period according to a new report by MarketsandMarkets™. Diesel generators are essential because they provide reliable and constant source of electricity during power outages and emergencies. The longevity and durability of diesel generators allow...
Pressure Vessels Market Outlook: Market Dynamics and Growth Opportunities
The global Pressure Vessels Marketis projected to reach USD 62.7 billion in 2028 from USD 50.3 billion in 2023 at a CAGR of 4.5% according to a new report by MarketsandMarkets™. Pressure vessel is a closed container which are designed to hold fluids or gases at a pressure that is significantly different from the ambient pressure. It is constructed to withstand the internal pressure exerted...
Synchronous Generator Industry Growth Analysis With Investment Opportunities For 2023-2028
Synchronous Generator Industry Report 2023: Size, Share, Trends, Growth Drivers, Forecast to 2028
The Synchronous Generator Industry has experienced robust growth in recent years, expanding from $4.7 billion in 2023 to $5.9 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. A synchronous generator, also called an AC generator or alternator, is an electromechanical energy conversion...
Air Quality Control Systems: Driving Innovation for a Sustainable Future
The global Air Quality Control Systems Industry in terms of revenue was estimated to be worth $107.4 billion in 2024 and is poised to reach $150.7 billion by 2029, growing at a CAGR of 7.0% from 2024 to 2029 according to a new report by MarketsandMarkets™.
The demand for air quality control systems is on the rise due to various factors. Expansion in industries like manufacturing, automotive,...