Grid-forming Inverter Market worth $1,042 Million by 2028

Grid-forming Inverter Market
The global Grid-forming Inverter Market is projected to reach USD 1,042 million in 2028 from USD 680 million in 2023 at a CAGR of 8.9% according to a new report by MarketsandMarkets™.  Grid-forming inverters actively regulate the grid’s frequency and voltage to ensure that it remains within acceptable operating limits, even under varying renewable energy output or load conditions. Unlike...

Shining a Light on the Growing Landscape: The Evolving Concentrating Solar Power Market

New Revenue Pockets: The global concentrating solar power market size is estimated to be USD 6.0 Billion in 2022 and is projected to reach USD 19.9 Billion by 2027; it is projected to grow at a CAGR of 26.9% during the forecast period. The key drivers for the concentrating solar power market include environmental concerns over carbon emissions and efforts to reduce air pollution, and integration...

Carbon Credit Trading Platform Market: Everything You Need To Know

Pressure Vessels Market
The global carbon credit trading platform market is expected to reach USD 317 million by 2027 from an estimated USD 106 million in 2022, at a CAGR of 24.4% from 2022 to 2027. The global carbon credit trading platform market is expected to witness significant growth during the forecast period due to the surge in demand for carbon credits resulting from the increased investments in the carbon capture...

Circuit Breaker Market worth $8.6 Billion by 2028

Circuit Breaker Market
The global Circuit Breaker Market is projected to reach USD 8.6 billion in 2028 from USD 6.5 billion in 2023 at a CAGR of 5.5% according to a new report by MarketsandMarkets™.  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...

Hybrid Power Solutions Market Size to Reach $4.0 billion by 2028

Hybrid Power Solutions Market
“Hybrid Power Solutions Market by System Type (Solar-Fossil, Wind-Fossil, Solar-Wind-Fossil, Solar-Wind, Others), Grid Connectivity (On-Grid, Off-Grid), Capacity (Upto 100kW, 100kW-1MW, Above 1MW), End User & Region – Global Forecast to 2028″, the hybrid power solutions market is projected to reach USD 4.0 billion by 2028 from an estimated USD 2.4 billion in 2023, at a CAGR of...

Hydrogen Market to touch USD 410.6 Billion at a 7.8% CAGR by 2030

Hydrogen Market
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. Hydrogen is the lightest and most abundant element in the universe. Hydrogen gas has an excellent energy carrying capacity. It can be produced in large quantities and supplied to large-scale industries for various operations. It can...

Fuel Cell Generator Market worth $2.1 Billion by 2030

Fuel Cell Generator Market
The global Fuel Cell Generator Market is projected to reach USD 2.1 billion in 2030 from USD 0.4 billion in 2023 at a CAGR of 25.4% according to a new report by MarketsandMarkets™.  The chemical energy of a fuel is converted directly into electricity by a fuel cell generator, which is an electrical power generation system that makes use of fuel cell technology. It is made up of a stack of fuel...

Portable Power Station Market worth $1.1 Billion by 2028

Portable Power Station Market
The global Portable Power Station Market is projected to reach USD 1.1 billion in 2028 from USD 0.5 billion in 2023 at a CAGR of 18.4% according to a new report by MarketsandMarkets™.  Portable power stations are portable and compact devices that function as independent power sources. Their purpose is to store electrical energy obtained from diverse sources such as solar panels, wall outlets,...

Remote Power Panel Market May See a Big Move

Remote power panels play an important role in data centers by providing power distribution and monitoring capabilities. These data centers typically feature remote power panels that can be easily configured and monitored from a central location. This allows organizations to quickly and easily scale their IT infrastructure to meet ever-changing demand while also reducing the cost and complexity of...

Green Ammonia Market worth $17.9 Billion by 2030

Green Ammonia Market
The global Green Ammonia Market is projected to reach USD 17.9 billion in 2030 from USD 0.3 billion in 2023 at a CAGR of 72.9% according to a new report by MarketsandMarkets™. The Green Ammonia Market has promising growth potential due to the rising deployment of fuel cell vehicles. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=118396942 Power generation to...