Green Ammonia Market Size to Reach $17.9 Billion by 2030
The global Green Ammonia Market is expected to grow from an estimated USD 0.3 billion in 2023 to USD 17.9 billion by 2030, at a CAGR of 72.9% according to a new report by MarketsandMarkets™. 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...
Hydrogen Energy Storage Market to Grow $196.8 billion by 2028
According to a research report “Hydrogen Energy Storage Market by Form (Gas, Liquid, Solid), Technology (Compression, Liquefaction, Material Based), Application (Stationary Power, Transportation), End User (Electric Utilities, Industrial, Commercial) Region – Global Forecast to 2028″ published by MarketsandMarkets, the global hydrogen energy storage market is projected to reach USD...
Biofuel Market Size to Hit $225.9 billion by 2028
According to a research report “Biofuel Market by Fuel Type (Ethanol, Biodiesel, Renewable Diesel, and Biojets), Generation (First Generation, Second Generation, Third Generation), End-use, Application (Transportation, Aviation) and Region – Global Forecast to 2028″ published by MarketsandMarkets, the global biofuel market is projected to reach USD 225.9 billion by 2028 from an estimated...
Transformer Oil Market Projected to Reach $3.0 Billion by 2030
The global Transformer Oil Market is projected to reach USD 3.0 billion in 2030 from USD 2.0 billion in 2023 at a CAGR of 5.9. Transformer oil is a special kind of oil that is primarily used in transformers to facilitate insulation and cooling. Transformer oil caters to the T&D, railways and metros, power generation, industrial, and commercial end users. The most commonly used transformer...
Small Marine Engines Market Size, Share, Trends and Future Growth Predictions till 2027
The global small marine engines market is expected to reach USD billion 10.3 billion by 2027 from an estimated USD 7.8 billion in 2022, at a CAGR of 5.5% from 2022 to 2027. Recreational boats, fishing boats, coastal boats, and support vessels utilize small marine engines primarily for propulsion from one port to another. The primary reason for the growth of the market in the region is its growing...
Blue Ammonia Market worth $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...
Portable Generator Market Receive Fuel Flexibility Boost – Bringing Power to the Leading Players
The global portable generator market is expected to grow at a CAGR of 6.0% during the forecast period, from an estimated USD 2.2 billion in 2022 to USD 2.9 billion in 2027. Construction activities needs electric power to operate the various equipments and machinery used at working sites where construction is taking place. These sites are not accessible to grid supply as they are often in remote areas...
Servo Motors and Drives Market: An Exclusive Study on Upcoming Trends and Growth Opportunities
The increasing demand for smart manufacturing integrated with energy-efficient devices in the industrial sector is an important driver for the servo motors and drives market.
The global servo motors and drives market size will grow to USD 15.8 Billion by 2027 from USD 12.0 Billion in 2022, at a CAGR of 5.7% during the forecast period.
Key Market Players:
The servo motors and drives market...
Ring Main Unit Market Shows Enormous Growth with Leading Players ABB, Siemens, Eaton
The global ring main unit market is expected to grow at a CAGR of 6.0% to USD 3.0 billion by 2027, up from an estimated USD 2.3 billion in 2022. The market growth for ring main units can be attributed to the increasing capacity additions and enhancement plans for distribution networks and modernization of existing power infrastructure.
Key Market Players:
The leading players in the global ring...
Dry Type Transformer Market worth $9.2 Billion by 2028
The global Dry Type Transformer Market is expected to grow from an estimated USD 6.6 billion in 2023 to USD 9.2 billion by 2028, at a CAGR of 6.8% according to a new report by MarketsandMarkets™. Countries across the globe continue to invest in upgrading and expanding their electrical grids to meet the rising energy demand and integrate renewable energy sources. Surging demand for energy efficient...