Biorefinery Market will Escalate Rapidly in the Near Future

Biorefinery Market

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 …

Green Ammonia Market worth $17.9 Billion by 2030

Green Ammonia Market

Green ammonia refers to the production of renewable and carbon-free ammonia. It is produced by generating energy from solar/wind/hydropower, which is then fed into an electrolyzer. It extracts hydrogen from water, while nitrogen is removed from the air using an air separation unit. In this …

Pad-Mounted Switchgear Market worth $7.1 Billion by 2028

Pad–Mounted Switchgear Market

The global Pad-Mounted Switchgear Market is projected to reach USD 7.1 billion in 2028 from USD 5.6 billion in 2023 at a CAGR of 5.1% according to a new report by MarketsandMarkets™.  Pad-mounted switchgear systems provide easy access to cable connections and operating apparatus, while …

Blower Market Forecast to Surpass $4.6 billion by 2028

According to a research report “Blower Market by Product Type (Positive Displacement Blowers, Centrifugal Blowers, High-speed Turbo Blowers, Regenerative Blowers), Pressure, Distribution Channel, End-user Industry and Region – Global Forecast to 2028″ published by MarketsandMarkets, the Blower is projected to reach USD 4.6 billion by …

Here is Vacuum Contactor Market Forecast Looks Like In 2028

New Revenue Pockets: The vacuum contactor market is anticipated to reach a value of USD 4.1 billion in 2023 and is expected to expand to USD 5.5 billion by 2028, exhibiting a CAGR of 6.1%. The market growth is propelled by the decreasing costs of …

Smart Meter Market worth $36.3 Billion by 2028

Smart Meter Market

The global Smart Meter Market is expected to grow from an estimated USD 23.1 billion in 2023 to USD 36.3 billion by 2028, at a CAGR of 9.4% during the forecast period. The smart meters are able to communicate with the utility company in real time, allowing for …

Carbon Offset/Carbon Credit Market Size to Grow $1602.7 Billion by 2028

Carbon Offset/Carbon Credit Market

The global Carbon Offset/Carbon Credit Market is expected to grow from an estimated USD 414.8 billion in 2023 to USD 1,602.7 billion by 2028, at a CAGR of 31.0% during the forecast period. The Carbon Offset/Carbon Credit Market growth has been attributed to rising global warming and the need …

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 …

Hydrogen Fueling Station Market Size will Escalate Rapidly in the Near Future

Hydrogen Fueling Station Market Scenario The global hydrogen fueling station market is projected to reach USD 1,129 million by 2030 from an estimated USD 380 million in 2023, at a CAGR of 16.8% during the forecast period. The surge in hydrogen fueling station market is …

Variable Frequency Drive Market Size, Share, Analysis, Regional Outlook and Forecast 2022-2027

Variable Frequency Drive Market

Global Variable Frequency Drive Market Size, Share and Industry Analysis The global variable frequency drive market is expected to grow at a CAGR of 4.8% to USD 26.8 billion by 2027, up from an estimated USD 21.2 billion in 2022. The increasing power generation worldwide …

Brushless DC Motor Market worth $17.6 Billion by 2028

Brushless DC Motor Market

The global Brushless DC Motor Market is expected to reach USD 17.6 billion by 2028 from USD 12.1 billion in 2023 at a CAGR of 7.9% during the 2023–2028 period according to a new report by MarketsandMarkets™. The increasing adoption of Brushless DC motors is driven by their …

Relay Market Recent Developments & Emerging Trends To 2030

Relay Market

Global Relay Market Overview According to a research report, the relay market size is estimated to be USD 9.0 billion by 2022 and is projected to reach USD 14.7 billion by 2030, at a CAGR of 6.3%. A relay is an electronic control device that …

What is Going on in the Carbon Credit Trading Platform Industry?

Increasing carbon emissions are the primary driver for global warming across the globe. Anthropogenic greenhouse gas emissions have increased since the pre-industrial era, driven largely by economic and population growth, and are now higher than ever. There is an urgent need to minimize the impact …

Electrolyzers Market worth $57.2 Billion by 2030

Electrolyzers Market

The global Electrolyzers Market is expected to reach USD 57.2 billion by 2030 from USD 0.5 billion in 2023 at a CAGR of 97.7% during the 2023–2030 period according to a new report by MarketsandMarkets™. The growing demand for cleaner fuels is one of the major factors driving …