Insights on the Solid Oxide Fuel Cell Market to 2027: Rising Distributed Power Generation Applications Across Regions to Offer Growth Opportunity

New Revenue Pockets: The solid oxide fuel cell market size will grow to USD 6.5 billion by 2027 from USD 1.5 billion in 2022, at a CAGR of 33.9 % during the forecast period. The global solid oxide fuel cell market is driven by the …

Offshore Decommissioning Market: Fluctuations in Oil Prices to Boost the Offshore Decommissioning Activities

Offshore Decommissioning Market

The global offshore decommissioning market size is expected to grow from an estimated USD 5.2 billion in 2021 to USD 8.0 billion by 2027, at a CAGR of 7.4%. Aging offshore oil & gas infrastructure and maturing fields are driving the offshore decommissioning industry. Low …

Thermal Energy Storage Market will Escalate Rapidly in Near Future

Thermal Energy Storage Market

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 …

Brushless DC Motor Market to Show Strong Growth in Near Future

Brushless DC Motor Market

The global brushless DC Motor market size is expected to grow from an estimated USD 9.6 billion in 2020 to USD 15.2 billion by 2025, at a CAGR of 9.5%, during the forecast period. Increasing industrial applications of these motors and surging adoption of brushless …

Small Modular Reactor Market to Gain Traction; Rising Emphasis on Flexible Power Generation Will Augment Healthy Growth

New Revenue Pockets: The global small modular reactor market is projected to reach USD 11.3 billion by 2026 from an estimated USD 9.7 billion in 2021, at a CAGR of 3.2 % during the forecast period. The global small modular reactor market is driven by …

Permanent Magnet Motor Industry to 2026: Increasing Demand In Industrial, Commercial & Residential, Healthcare Driving the growth of Industry

The report, global permanent magnet motor market is projected to reach USD 64.6 billion by 2026 from an estimated value of USD 41.2 billion in 2021, at a CAGR of 9.4% during the forecast period. Increasing demand for energy-efficient motors and growing implementation of permanent …

Generator Sales Market to Reach a Value of $28.6 Billion by 2027 | CAGR of 5.8%

The generator sales market is expected to grow from an estimated USD 21.6 billion in 2022 to USD 28.6 billion in 2027, at a CAGR of 5.8% during the forecast period. Generators are machines that convert mechanical energy into electrical energy. They play a major …

Gas-insulated Switchgear Market to Show Strong Growth in Near Future

Gas-Insulated Switchgear Market

The global gas-insulated switchgear market is projected to grow from USD 16.9 billion in 2020 to USD 26.5 billion by 2025, at a CAGR of 9.5%. The growing investments in renewable energy and government initiatives to reduce carbon emissions is likely to drive the market …

Artificial Lift Market to Show Strong Growth in Near Future

Artificial Lift Market

The global Artificial Lift Market is expected to grow from an estimated USD 8.0 billion in 2020 to USD 10.3 billion by 2025, at a CAGR of 5.0% during the forecast period. Increasing efforts by upstream companies to enhance the production from the mature fields …

Well Intervention Market Development Opportunities Accelerate in 2026

New Revenue Pockets: The global well intervention market is projected to reach USD 9.3 billion by 2026 from an estimated USD 7.6 billion in 2021, at a CAGR of 4.2 % during the forecast period. The global well intervention market is driven by the upsurge …

Meter Data Management System Market to Observe Tremendous Growth in Near Future

Meter Data Management System Market

The global Meter Data Management System Market is projected to reach $428 million by 2023 from an estimated $169 million in 2018, at a CAGR of 20.48% from 2018 to 2023. This growth can be attributed to the increased government policies and supportive mandates for smart meter …

Hydrogen Generation Market Size, Industry Overview & Growth – 2025

Power Plant Boiler Market

Global Hydrogen Generation Market Scenario: The hydrogen generation market size is expected to grow from an estimated USD 130 billion in 2020 to USD 201 billion by 2025, at a CAGR of 9.2% during the forecast period. Increasing fuel cell power generation application as well …

Energy as a Service Market will Escalate Rapidly in Near Future

Energy as a Service Market

The global Energy as a Service Market is projected to grow from USD 52.0 billion in 2019 to reach USD 86.9 billion by 2024, at a CAGR of 10.8% during the forecast period. The growth of energy as a service market is driven by the new revenue …

Hydrogen Energy Storage Market 2022 Size Expected To Grow at a CAGR of 54.0% to 2027

Hydrogen Energy Storage Market

Global Hydrogen Energy Storage Market Overview: The global hydrogen energy storage market is projected to reach USD 119.2 Billion by 2027 from an estimated market size of USD 13.8 Billion in 2022, at a CAGR of 54.0% during the forecast period. The factors driving the …