Remote Power Panel Market Size to Hit $1.4 billion by 2028

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The global remote power panel market is projected to reach USD 1.4 billion by 2028 from an estimated USD 1.1 billion in 2023, at a CAGR of 4.8% during the forecast period. Remote power panels (RPPs) connect power distribution extensions from power distribution units (PDUs) …

Exploring the Advancements and Opportunities in the Biomass Power Generation Market

Biomass Power Generation Market

According to a research report “Biomass Power Generation Market by Technology (Combustion, Gasification, Anaerobic Digestion, Pyrolysis), Feedstock (Agricultural Waste, Forest Waste, Animal Waste, Municipal Waste), Fuel (Solid, Liquid, Gaseous) and Region – Global Forecast to 2028″ published by MarketsandMarkets, the global biomass power generation market …

Demand For Green Hydrogen to Drive Global Electrolyzers Market

Electrolyzers Market

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, …

Energy as a Service Market: New Revenue Generation Streams for Utilities

Energy as a Service Market

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%. Increasing distributed energy resources, new revenue generation streams for utilities, availability of federal and state tax benefits for energy-efficiency projects …

Heat Pump Market to Show Healthy Growth in Near Future

Heat Pump Market

The global heat pump market is expected to grow from USD 53.2 billion in 2021 to USD 83.5 billion by 2026, at a CAGR of 9.5% during the forecast period. The factors driving the growth for heat pump market are the Contribution of heat pump technology to …

Energy Management Systems Market to Show Tremendous Growth in Near Future

Energy Management Systems Market

The global Energy Management Systems Market size is estimated to be USD 75.0 billion by 2027 from USD 38.6 billion in 2022, at a CAGR of 14.2% during the forecast period. The Energy Management Systems Market, is expected to witness significant growth during the forecast period. With …

Energy as a Service Market Likely to Boost Future Growth by 2027

Energy as a Service Market

The global Energy as a Service Market is projected 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, …

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 …

Heat Pump Market to Show Robust Growth in Near Future

Heat Pump Market

The global heat pump market is expected to grow from USD 53.2 billion in 2021 to USD 83.5 billion by 2026, at a CAGR of 9.5% during the forecast period. The factors driving the growth for heat pump market are the Contribution of heat pump …

Energy Management Systems Market Outlook and Evolving Industry Trends to 2027

Energy Management Systems Market

According to the new market research report “Energy Management Systems Market by Component, Type (Home Energy Management Systems, Building Energy Management Systems, Industrial Energy Management Systems), Deployment, End-User Industry and Region – Global Forecast to 2027″, published by MarketsandMarkets™, the global Energy Management Systems Market …

Energy Efficient Motor Market Surge Towards Solid Growth in Near Future

Energy Efficient Motor Market

The global energy efficient motor market is projected to reach USD 41.6 billion by 2023 from USD 30.3 billion in 2018, at a CAGR of 6.5% between 2018 and 2023. The major factors driving the growth of the energy-efficient motor market are energy savings and …

Variable Frequency Drive Market To Observe Exponential Growth By 2022-2027

According to the new market research report, global Variable Frequency Drive Market is expected to grow at a CAGR of 4.8% during the forecast period, from an estimated USD 21.2 billion in 2022 to USD 26.8 billion in 2027. Variable frequency drives are increasingly being …

Advanced Energy Storage Systems Market to Show Robust Growth in Near Future

Advanced Energy Storage Systems Market

The global advanced energy storage systems market to grow from USD 12.7 billion in 2017 to USD 19.0 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 8.4% during 2017 to 2022. The growth of the advanced energy storage systems market is attributed to …

Energy Efficient Motor Market to See Huge Growth by 2023

Energy Efficient Motor Market

The global energy-efficient motor market is projected to reach USD 41.6 billion by 2023 from USD 30.3 billion in 2018, at a CAGR of 6.5% between 2018 and 2023. The major factors driving the growth of the energy-efficient motor market are energy savings and the …