Generator Sales Market Size to Hit $34.5 billion by 2030

Generator Sales Market
According to a research report “Generator Sales Market by Fuel Type (Diesel, Gas, LPG, biofuels), Power Rating (Up to 50 kW, 51–280 kW, 281-500 kW, 501-2000 kW, 2001-3500 kW, Above 3500 kW), Application, End-User Industry, Design, Sales Channel Region – Global Forecast to 2030″ published by MarketsandMarkets, the global generator sales  market is projected to reach USD 34.5 billion...

Green Ammonia Market worth $17.9 Billion by 2030

Green Ammonia Market
The global Green Ammonia Market is projected to reach USD 17.9 billion in 2030 from USD 0.3 billion in 2023 at a CAGR of 72.9% according to a new report by MarketsandMarkets™. The Green Ammonia Market has promising growth potential due to the rising deployment of fuel cell vehicles. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=118396942 Power generation to...

Electrolyzers Market worth $23.6 Billion by 2028

Electrolyzers Market
The global Electrolyzers Market is projected to reach USD 23.6 billion in 2028 from USD 1.2 billion in 2023 at a CAGR of 80.3% according to a new report by MarketsandMarkets™. The Electrolyzers Market has promising growth potential due to the rising deployment of electrolyzers for the green hydrogen production. Proton exchange menbrane has the second larget Electrolyzers Market, by technology,...

Diesel Engines Market worth $78.8 Billion by 2028

Diesel Engines Market
The global Diesel Engines Market is projected to reach USD 78.8 billion in 2028 from USD 63.9 billion in 2023 at a CAGR of 4.3% according to a new report by MarketsandMarkets™.  The market growth has been attributed to the growing demand for commercial vessels, which will anticipate maritime tourism, and will eventually drive the demand for diesel engines used in the marine industry. Power...

Power Grid Market worth $367.4 Billion by 2028

Power Grid Market
The global Power Grid Market is projected to reach USD 367.4 billion in 2028 from USD 282.1 billion in 2023 at a CAGR of 5.4% according to a new report by MarketsandMarkets™.  The power grid delivers on-demand electricity from power plants to homes and businesses nationwide. It ensures the optimum use of energy resources, provides greater power supply capacity, and makes power system operations...

Navigating the Future: Insights into the Booming Fuel Cell Market

The emissions from vehicles account for more than 15% of the global greenhouse emissions. Hence, governments all over the world are finding alternative power sources for use in the transportation sector. The adoption of fuel cell vehicles (FCVs) in the sector is expected to increase in the near future, as there is zero owing to the absence of CO2 emissions during vehicle operation. Therefore,...

Variable Frequency Drive Market Foreseen to Grow Exponentially by 2027

Adhesion Barrier Market
The global variable frequency drive market is projected to reach USD 26.8 billion by 2027 from an estimated USD 21.2 billion in 2022, at a CAGR of 4.8% during the forecast period. Variable frequency drives enable motors to run based on required current demand, rather than running at full speed and reducing output using mechanical controls such as throttles, dampers, or gears. Electric motors can be...

High-Speed Engine Market worth $29.9 Billion by 2028

High-Speed Engine Market
The global High-Speed Engine Market is projected to reach USD 29.9 billion in 2028 from USD 23.6 billion in 2022 at a CAGR of 4.0% according to a new report by MarketsandMarkets™. Rising demand for reliable and uninterrupted power, growth in maritime tourism and international marine freight transport, and increasing urbanization and industrialization are amongst the major drivers of the High-Speed...

Synchronous Generator Market Size to Hit $5.9 Billion by 2028

Synchronous Generator Market
Synchronous Generator Market size is estimated to be USD 4.7 billion by 2023 and is projected to reach USD 5.9 billion by 2028, at a CAGR of 4.6% according to a new report by MarketsandMarkets™.  A synchronous generator, also called an AC generator or alternator, is an electromechanical energy conversion device that converts mechanical energy from sources such as engines and turbines into electrical...

Biomass Power Generation Market Outlook, Growth, Trends And Forecast 2023-2028

The global biomass power generation market is projected to reach USD 105.7 billion by 2028 from an estimated USD 91.3 billion in 2023, at a CAGR of 3.0% during the forecast period. The growth of the biomass power generation market is driven by the focus of governments worldwide on net zero carbon emissions and their related initiatives such as policies, subsidies etc. The biomass power generation...