Hydrogen Generation Market Analysis: Size, Share and Forecast for 2023-2028
The global hydrogen generation market size is projected to reach USD 257.9 billion by 2028 from an estimated USD 158.8 billion in 2023, at a CAGR of 10.2% during the forecast period. The growing emphasis on environmental sustainability, rising adoption of fuel cell vehicles, and intermittent renewable energy integration accelerate the growth of the hydrogen generation market.
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Revealed: Solid Oxide Fuel Cell Industry Growth Opportunities
The global solid oxide fuel cell industry is projected to reach USD 5.4 billion by 2028 from an estimated USD 1.4 billion in 2023, at a CAGR of 31.0% during the forecast period. The growing use of electronic devices in emergency, off-grid, and automotive applications will benefit the fuel cell generator business.
Key Market Players
Bloom Energy (US)
AISIN CORPORATION (Japan)
KYOCERA...
Hydrogen IC Engines Market to Generate $327 Million Revenue by 2035
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The global Hydrogen IC Engines Market is anticipated to grow at a higher level. There are various drivers responsible for the growth of the market such...
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The global High Voltage Power Transformer Market in terms of revenue was estimated to be worth $9.1 billion in 2024 and is poised to reach $12.3 billion by 2029, growing at a CAGR of 6.3% from 2024 to 2029 according to a new report by MarketsandMarkets™.
This growth is primarily driven by the need to strengthen power distribution networks to keep up with the rising global demand for electricity....
Hydrogen Generation Set to Reach New Heights in Response to Increasing Energy Needs
The growing emphasis on environmental sustainability, rising adoption of fuel cell vehicles, and intermittent renewable energy integration accelerate the growth of the hydrogen generation industry.
The global market for hydrogen generation is projected to reach USD 257.9 billion by 2028 from an estimated USD 158.8 billion in 2023, at a CAGR of 10.2% during the forecast period.
Key Market...
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The global lithium iron phosphate batteries market is projected to reach USD 35.5 billion by 2028 from an estimated USD 17.7 billion in 2023, at a CAGR of 14.9% during the forecast period. The growing investments in building offshore wind farms will positively impact the lithium iron phosphate batteries market.
Key Market Players
The major players in the lithium iron phosphate batteries market...
Hydrogen Fueling Station Market Size to Hit $1.8 billion by 2030
According to a research report “Hydrogen Fueling Station Market by Supply Type (On-site, Off-site [Gas, Liquid]), Station Type (Fixed, Mobile), Station Size (Small, Mid-sized, Large), Pressure (High, Low), Solution (EPC, Components), Region – Global Forecast & Trends to 2030″ published by MarketsandMarkets, the hydrogen fueling stations market is expected to grow from USD 0.5...
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The driving factors for the protective relay market include the growing demand for electricity, the increasing use of renewable energy sources,...
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Green ammonia may be produced using renewable energy sources such as wind and solar power. This integration promotes the use of excess renewable energy, which...
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The global Bifacial Solar Market is anticipated to grow at a higher level. There are various drivers responsible for the growth of the market such as government...