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...
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...
Industrial Burner Market Trends to Watch Through 2027
New Revenue Pockets:
The global industrial burner market is expected to grow at a CAGR of 6.1% to USD 7.9 billion by 2027, up from an estimated USD 5.9 billion in 2022. The increasing power generation worldwide fueling demand for industrial burners to drive the demand for global Industrial burner
Various types of industrial burners are available in the market that can be customized according...
Small Hydropower Market Expected to Reach $3.0 Billion by 2024
The global small hydropower market is projected to reach USD 3.0 billion by 2024 from an estimated market size of USD 2.6 billion in 2019, at a CAGR of 2.4% during the forecast period. The global market is set to witness significant growth owing to the application of small hydropower projects for rural electrification, financial incentives and policy initiatives, and investments in hydropower projects...
High-Speed Engine Market worth $27.1 Billion by 2026
The global High-Speed Engine Market is projected to reach USD 27.1 billion by 2026 from an estimated USD 21.1 billion in 2021, at a CAGR of 5.1% during the forecast period. Rising demand for reliable and uninterrupted power, growth in international marine freight transport, and growth in maritime tourism are the major drivers of the High-Speed Engine Markets. Increased demand for backup power...
Environmental Technology Market Expected to Grow $690.3 Billion by 2026
The global Environmental Technology Market is estimated at USD 552.1 billion in 2021 and is projected to reach USD 690.3 billion by 2026, at a CAGR of 4.6% during the forecast period. Increase in demand from different verticals and a stringent government regulation is one of the major factors contributing to the high growth of the environmental technology market.
Based on technological...
Smart Grid Market Size to Reach $103.4 Billion by 2026
The global smart grid market is expected to grow from an estimated USD 43.1 billion in 2021 to USD 103.4 billion by 2026, at a CAGR of 19.1% during the forecast period. The modernization of aging grid infrastructure is one of the primary factors driving the smart grid market growth. Moreover, the government across the world is encouraging investments in smart grids.
Smart grid technology...
Gas Turbine Market Growth is Driven by Rising Demand for Power Generation
The global Gas Turbine Market is expected to grow from an estimated USD 18.9 Billion in 2021 to USD 22.5 Billion by 2026, at a CAGR of 3.6% during the forecast period, owing to an increase in demand of gas turbines in power generation. However, they are also used for mechanical drive purposes and in jet engines.
Power generation segment is expected to lead the gas turbine market
The increase...
Wave Energy Converter Market worth $28 Million by 2030
The
global Wave Energy Converter Market is projected to grow from USD 20 million in 2022 to USD 28 million
by 2030, at a CAGR of 4.3% according to a new report by MarketsandMarkets™. The Wave Energy Converter Market has promising growth potential
due to the rising global energy demand, increasing demand to maximize the
energy production from renewable and green energy sources.
The
oscillating...
Gas Insulated Switchgear Market worth $31.3 Billion by 2027
The
global Gas Insulated Switchgear Market is projected to grow from USD 23.1 billion in 2022 to USD 31.3 billion
by 2027, at a CAGR of 6.3% according to a new report by MarketsandMarkets™. The Gas Insulated Switchgear Market is expected to witness
significant growth during the forecast period, owing to the power distribution
infrastructure, which is expected to strengthen in the upcoming years...