Energy as a Service Market Size to Grow $86.9 Billion by 2024

Energy as a Service Market
The global Energy as a Service Market is projected to reach USD 86.9 billion by 2024 from an estimated USD 52.0 billion in 2019, at a CAGR of 10.8% from 2019 to 2024. The growth of energy as a service market is driven by the new revenue generating streams for utilities, increased distributed energy resources, decreasing cost of renewable power generation and storage solutions, and availability of federal...

High Focus on Clean Energy Generation for Transportation & Power Generation to Drives Fuel Cells Market

Fuel Cells Market
New Revenue Pockets: The global fuel cells market with focus on advcens in fuel cell technology market size is expected to grow from estimated revenue of USD 263 million in 2020 to USD 848 million by 2025, at a CAGR of 26.4% during the forecast period. The market has been analysed with key focus on advancements in fuel cell technologies such as PEMFC, PAFC, AFC, and MFC. The growing demand for...

DC Switchgear Market to Hit $14.8 billion by 2026; Growing Demand for Renewable Power Generation to Augment Market Growth

DC Switchgear Market
According to the new market research report “DC Switchgear Market by Voltage (Up to 750 V, 750 V to 1,800 V, 1,800 V to 3,000 V, 3,000 V to 10 kV and Above 10 kV), Deployment Type (Fixed Mounting, Plug-In, and Withdrawable Units), Application, and Region – Global Forecast to 2026” The global DC switchgear market is projected to reach USD 14.8 billion by 2026 from an estimated...

Electrical Digital Twin Market to Hit $1.3 Billion by 2026

Electrical Digital Twin Market
According to the new market research report “Electrical Digital Twin Market by Twin Type (Gas & Steam Power Plant, Wind Farm, Digital Grid, Others), Usage Type (Product, Process, System), Deployment Type (Cloud, On-Premises), End User, Application, and Geography – Global Forecast to 2026″, published by MarketsandMarkets™, The Electrical Digital Twin Market size will grow to  USD...

Green Ammonia Market expected to Grow $5,415 Million by 2030

Green Ammonia Market
According to the new market research report “Green Ammonia Market by Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), and Solid Oxide Electrolysis (SOE)), End User (Transportation, Power Generation, and Industrial Feedstock) and Region – Global Forecast to 2030″, published by MarketsandMarkets™, The global Green Ammonia Market size is projected to...

Gas Turbine Market to Hit $22.5 Billion by 2026

Gas Turbine Market
According to the new market research report “Gas Turbine Market by Technology (Open Cycle and Combined Cycle), Design Type (Heavy Duty and Aeroderivative), End User (Power Generation, Oil & Gas), Rated Capacity (1–40 MW, 40–120 MW, 120–300 MW, Above 300 MW) and Region – Global Forecast to 2026″, published by MarketsandMarkets™, The global Gas Turbine Market is projected...

Increasing Fuel Cell Power Generation Trends Continue to Boost Gains for Hydrogen Generation

Hydrogen Generation Market
Increasing fuel cell power generation application is driving the growth of the market. Moreover, increasing adoption of electric vehicles leads to renewable energy deployment at large scale in Asia Pacific region, creates opportunities for hydrogen generation market. Global Hydrogen Generation Market Overview: The hydrogen generation market size is projected to reach USD 201 billion by...

Generator Sales Market: Owing to Increasing Uninterrupted and reliable Power to Drive Market

Generator Sales Market
The global generator sales market is projected to reach USD 26.5 billion by 2026 from an estimated USD 19.9 billion in 2021, at a CAGR of 5.9% during the forecast period. The report titled, “Generator Sales Market by Type (Diesel, Gas), Application (Standby, Peak Shaving, Continuous), Power Rating (<100 KVA, 100-350 KVA, 350-1000-2500 KVA, 2500-5000 KVA, >5000 KVA), Sales Channel...

Electrical Digital Twin Market to Reach $1.3 Billion by 2026

Electrical Digital Twin Market
According to the new market research report “Electrical Digital Twin Market by Twin Type (Gas & Steam Power Plant, Wind Farm, Digital Grid, Others), Usage Type (Product, Process, System), Deployment Type (Cloud, On-Premises), End User, Application, and Geography – Global Forecast to 2026″, published by MarketsandMarkets™, The Electrical Digital Twin Market size will grow to  USD...

Volt/VAr Management Market is Expected to Create New Prospects in Near Future

Global Volt/VAr Management Market Scenario: The global volt/VAr management market is estimated to be worth USD 427 million in 2019 and is projected to reach USD 568 million by 2024, growing at a CAGR of 5.9%, during the forecast period. The market is set to grow due to a focus on the reduction of electricity losses in power distribution, a need to optimize power factor, and rising electricity...