Environmental Technology Market Likely to Boost Future Growth by 2026
The global Environmental Technology
Market is estimated at USD 552.1 billion in 2021 and is projected to
reach USD 690.3 billion by 2026, at a CAGR of 4.6% during the forecast period.
Increase in demand from different verticals and a stringent government
regulation is one of the major factors contributing to the high growth of the environmental
technology market.
Based on technological solutions,...
Offshore Wind Market to Witness Massive Growth by 2026
The global Offshore
Wind Market is expected to grow from an estimated USD 31.8 billion in 2021
to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. Offshore
wind is a crucial pillar in energy mix together with onshore wind for regions
such as Europe, Asia Pacific, and North America to achieve their goals
pertaining to climate neutrality. Offshore wind turbines are increasingly...
Energy as a Service Market to See Revolutionary Growth by 2024
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...
Energy as a Service Market Size to Grow $86.9 Billion by 2024
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...
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...
Solar Backsheet Market Size to Grow $2.40 Billion by 2023
The global solar
backsheet market is estimated to be USD 1.71 Billion in 2018 and is
projected to reach USD 2.40 Billion by 2023, growing at a CAGR of 7.02%, from
2018 to 2023. An increase in solar PV installation along with policy support
from governments for the adoption of renewable technologies would contribute to
the growth of the solar backsheet market. Asia Pacific would continue to be the
largest...
At CAGR of 29.68%, Virtual Power Plant Market to exceed $709.2 Million by 2021
The global virtual
power plant market is expected to grow from USD 193.4 million in 2016 to
USD 709.2 million by 2021, at a CAGR of 29.68% from 2016 to 2021. North America
is estimated to be the largest market for virtual power plants, followed by
Europe in 2016. This trend is expected to continue till 2021. The growth of the
virtual power plant market is driven by increasing share of renewable energy...
Offshore Wind Market will surge to $56.8 Billion by 2026
According to the new market research report
“Offshore
Wind Market by Component (Turbines (Nacelle, Rotors & Blades, Tower),
Substructure, Electrical Infrastructure), Location (Shallow Water, Transitional
Water, & Deepwater) and Region (North America, Asia Pacific, & Europe)
– Global forecast to 2026“, published by
MarketsandMarkets™, the global offshore wind market...
At CAGR of 27.1%, Renewable Drones Market to Hit $148 Million by 2025
The global Renewable Drones Market is projected to reach a size of USD 148 million by 2025, at a CAGR of 27.1%, from an estimated USD 45 million in 2020. The rising adoption of drones for reducing inspection, increasing focus on asset optimization are the driving factors for the renewable drones market, globally. Technological developments software for drone data analytics, and rapid development of...
Environmental Technology Market Projected to Hit $690.3 Billion by 2026
According to the new market research report
“Environmental Technology Market by Component (Solutions, Services),
Technological Solutions (Waste Valorization, Greentech, Nuclear Energy, Bioremediation),
Application, Vertical (Municipal, Industrial), and Region – Global Forecast to
2026″, published by
MarketsandMarkets™, the Environmental
Technology Market is estimated at USD...