Power to Roam: Portable Power Station Market Revolutionizing Travel in the US
The global portable power station market is expected to grow from an estimated USD 0.5 billion in 2023 to USD 1.1 billion in 2028, at a CAGR of 18.4% during the forecast period. The US is witnessing robust growth in the broader North American portable power station market. This expansion can be attributed to several factors, including the increasing popularity of outdoor activities such as camping...
Virtual Power Plant Market worth $5.5 Billion by 2029
The global Virtual Power Plant Market is expected to grow from an estimated USD 1.9 billion in 2024 to USD 5.5 billion by 2029, at a CAGR of 23.4% during the 2024–2028 period according to a new report by MarketsandMarkets™. Virtual power plants are essential because they provide enhanced grid stability by optimizing and integrating diverse energy sources, contributing to increased energy...
Oil Immersed Power Transformer Market worth $28.3 Billion by 2028
The global Oil Immersed Power Transformer Market is expected to reach USD 28.3 billion by 2028 from USD 21.2 billion in 2023 at a CAGR of 6.0% during the 2023–2028 period according to a new report by MarketsandMarkets™. This robust growth is attributed to the anticipated reinforcement of power distribution infrastructure, responding to the escalating global demand for electricity. Additionally,...
Electrification Era: Brushless DC Motor Market Spark Growth in the US
The brushless DC motor market in the U.S. is a thriving sector within the global market that is expected to grow at a significant growth rate due to the rapid proliferation of motor drives across diverse industries such as automotive, consumer electronics, medical devices, manufacturing, and others. Among the end use industries, automotive and consumer electronics is anticipated to dominate...
Green Energy Revolution: US Electrolyzers Industry Pioneers Hydrogen Economy
The electrolyzers market in the U.S. is a thriving sector within the global market that is expected to grow significantly due to the growing demand from the mobility industry, the presence of big players, and the implementation of stringent environmental regulations emphasizing the use of electrolyzer technology for green hydrogen production. Among the end-use industries, the energy and mobility sector...
Laminated Busbar Market Amplifies US Electrical Infrastructure
Laminated busbars are a critical component of any electrical utility infrastructure. These busbars are current-carrying conductors coated or laminated with insulation mediums such as epoxy powder coating, polyester film, among others which help eliminate interference and reduce losses, resulting in increased system efficiency.
The laminated busbar market in the US is a thriving sector within the...
Driving Change: The Rise of E-Fuels Market in the US Energy Landscape
The e-fuels market in the U.S. is a thriving sector within the North American e-fuels market that is expected to grow at a significant growth rate due to several factors, such as increasing focus on reducing GHG emissions and rising investments in R&D of e-fuel technologies. Among the end use application, chemical and transportation is anticipated to dominate in the U.S. market. The U.S....
Energy Management Systems Market worth $75.6 Billion by 2028
The global Energy Management Systems Market is expected to grow from an estimated USD 40.7 billion in 2023 to USD 75.6 billion by 2028, at a CAGR of 13.2% during the forecast period. Several laws and regulations aimed at reducing energy consumption and spreading awareness regarding energy conservation have been enacted by regional governments worldwide. These regulations and policies function...
Energy as a Service Market worth $105.6 Billion by 2027
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 and storage solutions are driving the demand for energy as a service globally.
The global Energy as a Service Market is expected to grow from USD 64.7 billion in 2022 to USD...
Biorefinery Market worth $210.3 Billion by 2027
The global biorefinery market is expected to witness significant growth during the forecast period due to increased government initiatives and increased need for environmental sustainability as well as technological advancements and increased investments in the biorefinery market.
The global Biorefinery Market is projected to grow from USD 141.8 billion in 2022 to USD 210.3...