Green Ammonia Market worth $17.9 Billion by 2030
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.
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Power generation to...
Electrolyzers Market worth $23.6 Billion by 2028
The global Electrolyzers Market is projected to reach USD 23.6 billion in 2028 from USD 1.2 billion in 2023 at a CAGR of 80.3% according to a new report by MarketsandMarkets™. The Electrolyzers Market has promising growth potential due to the rising deployment of electrolyzers for the green hydrogen production.
Proton exchange menbrane has the second larget Electrolyzers Market, by technology,...
Nuclear Power Plant Equipment Market worth $18.6 Billion by 2027
The global Nuclear Power Plant Equipment Market is projected to reach USD 18.6 billion in 2027 from USD 15.7 billion in 2022 at a CAGR of 3.5% according to a new report by MarketsandMarkets™. The global Nuclear Power Plant Equipment Market is being pushed by increased demand for and generation of clean electricity around the world. As the demand for energy rises, governments seek clean and efficient...
Electrolyzers Market Offers Lucrative Opportunities for Major Economies to Achieve Net Zero Emission Targets
An electrolyzer system utilizes electricity to break water molecules into hydrogen and oxygen. Through this process, the electrolyzer system produces hydrogen, and the leftover oxygen is released into the atmosphere or can be captured or stored to supply other industrial processes or even medical gases, in some cases. There are four main ways that electrolyzers can be commercialized: power to mobility,...
Geothermal Energy Market Likely to Boost Future Growth by 2027
There are numerous market opportunities available in the geothermal energy market globally. A few important opportunity areas include:
Emergence of advanced technologies and rise of Geothermal 2.0
Enhanced geothermal systems (EGS) provide a tremendous opportunity for harvesting the vast, untapped heat stored in the shallow continental crust. Enhanced or engineered geothermal systems (EGS)...
Biorefinery Market worth $210.3 Billion by 2027
The global Biorefinery Market is projected to grow from USD 141.8 billion in 2022 to USD 210.3 billion by 2027, at a CAGR of 8.2% according to a new report by MarketsandMarkets™. New integrated biorefineries must be built in order to meet the expected growth of the biofuel market and the development of new biofuel production technologies. Concepts related to plant infrastructure of chemical plants...
Reed Relay Market Size to Grow $1,125 million by 2030
According to a new marketresearch report “Reed Relay Market by Voltage (200 V, 200 V–500 V, 500 V–1 Kv, 1 kV–7.5 kV, & 7.5 kV–10 kV, & Above 10 kV), Application (Industrial, Household Appliances, Test & Measurement, Mining, Automotive, EV, Medical, Renewables), & Geography – Global Forecast to 2030″ the reed Relay market size is estimated to be USD 352 million...
Thermal Energy Storage Market worth $369 Million by 2025
The global Thermal Energy Storage Market size is projected to reach USD 369 million by 2025, at a CAGR of 14.4%, from an estimated USD 188 million in 2020. The growth of the thermal energy storage market is majorly driven by increasing demand for energy storage technologies, rising number of CSP projects, and increasing HVAC applications.
Thermal energy storage in concentrating solar...
Energy as a Service Market Expected to Grow $105.6 Billion by 2027
The global Energy as a Service Market is expected to grow from USD 64.7 billion in 2022 to USD 105.6 billion by 2027, at a CAGR of 10.3% according to a new report by MarketsandMarkets™. Increasing distributed energy resources, new revenue generation streams for utilities, availability of federal and state tax benefits for energy-efficiency projects and decreasing cost of renewable power generation...
Inverter Market size to grow by $33.8 Bn; Evolving Opportunities with SMA Solar Technology, Huawei Technologies, Sungrow Power Supply and FIMER
New Revenue Pockets:
The global inverter market is expected to grow at a CAGR of 15.7% to USD 33.8 billion by 2027, up from an estimated USD 16.3 billion in 2022. The increasing investments in the renewable energy sector and the rise in the number of solar installations attributed to government led incentives and schemes worldwide fueling demand for inverters to drive the demand for global inverters.
With...