Sustainable Fuel Market Size to Hit $299.9 billion by 2029 | ADM, Shell plc, Siemens Energy AG, Saudi Arabian Oil Co.
According to a research report “Sustainable Fuel Market by Type (Renewable Fuels, Low Carbon Fossil Fuels), Fuel Type (Biofuels, E-Fuels, Hydrogen, Biomethane, CNG), End User (Road transportation, Marine, Aviation), State (Liquid, Gas) and Region – Global Forecast to 2029″ published by MarketsandMarkets, the global Sustainable Fuel Market is projected to reach USD 299.9 billion by...
Thermoelectric Generators Market Growth Analysis: 2022-2027 Trends and Projections
Thermoelectric technology, capable of converting heat into electricity and vice versa, has garnered global attention for its applications in power generation and solid-state cooling. Its versatility spans across various sectors, from terrestrial to space exploration, making it a key player in energy solutions.
The Thermoelectric Generators Market is experiencing remarkable growth, projected...
Synchronous Condenser Market Analysis, Share, Growth, Demand & Forecast 2030
The global Synchronous Condenser Market is estimated to grow from USD 661 million in 2022 to USD 811 million by 2030, at a CAGR of 2.6% during the forecast period. Synchronous condensers ensure a stable supply to the transmission grid. They can also supply and absorb reactive power and deliver voltage support and dynamic regulation. In addition, many renewable resources are remotely...
Instrument Transformers Market to Witness Exponential Growth by 2030
New Revenue Pockets:
The global market for instrument transformers is projected to reach USD 10.6 billion by 2030, showing a growth from the estimated USD 7.1 billion in 2023, with a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. The instrument transformers market is expected to grow due to a rise in the electricity demand, grid modernization, and the growing focus on renewable...
Hydrogen Market To Witness CAGR Tremendous 7.8% CAGR By 2030
New Revenue Pockets:
The global hydrogen market is projected to reach USD 410.6 billion by 2030 from an estimated USD 242.7 billion in 2023, at a CAGR of 7.8% during the forecast period. The development of hydrogen infrastructure across various countries such as China, India, US, Germany etc. is fueling to the growth of hydrogen market.
Key Market Players
Key players in this market include...
Green Ammonia: The Next Big Thing in Renewable Energy
Green ammonia refers to the production of renewable and carbon-free ammonia. It is produced by generating energy from solar/wind/hydropower, which is then fed into an electrolyzer. It extracts hydrogen from water, while nitrogen is removed from the air using an air separation unit. In this process, hydrogen and nitrogen react at high temperatures and pressures to produce ammonia. Rising investment...
Air Insulated Switchgear Market worth $85.9 Billion by 2029
The global Air Insulated Switchgear Marketis expected to grow from an estimated USD 67.3 billion in 2024 to USD 85.9 billion by 2029, at a CAGR of 5.0% during the forecast period according to a new report by MarketsandMarkets™.
The air insulated switchgear market is poised for substantial growth during this period, primarily due to the development of power distribution infrastructure in...
Synthetic Natural Gas Market worth $68.4 Billion by 2029
The global Synthetic Natural Gas Market in terms of revenue was estimated to be worth $23.9 billion in 2024 and is poised to reach $68.4 billion by 2029, growing at a CAGR of 23.4% from 2024 to 2029 according to a new report by MarketsandMarkets™.
The global Synthetic Natural Gas Market is anticipated to grow at a higher level. There are various drivers responsible for the growth of the market...
Circuit Breaker Industry: From Tradition to Innovation
The global Circuit Breaker Market size is expected to grow from an estimated USD 6.5 billion in 2023 to USD 8.6 billion by 2028, at a CAGR of 5.5% during the forecast period. Key drivers for this growth include increasing investments in smart grid technologies aimed at protecting and controlling power equipment, as well as the replacement of aging infrastructure. Additionally, the demand for...
Bioenergy Breakthrough: Biomass Gasification Market Leading the Charge
The global Biomass Gasification Market is expected to grow from USD 29 million in 2022 to USD 45 million by 2027, at a CAGR of 8.9% during the forecast period. The biomass gasification market size refers to the total market value of biomass gasification systems, which are used to transform biomass feedstocks such as wood chips, agricultural waste, and municipal solid waste into a clean-burning...