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, …
The carbon offset/carbon credit market growth has been attributed to rising global warming and the need to remove carbon from the atmosphere. The market is driven by factors such as growing compliance requirements and regulatory schemes across the regions. The global Carbon Offset/Carbon Credit Market …
According to a research report “Carbon Footprint Management Market Component (Solutions, and Services), Deployment Mode (On-premises, and Cloud), Organization Size (Corporates/Enterprises, Mid-Tier Enterprises, Small Businesses), Vertical & Region – Global Forecast to 2028″ published by MarketsandMarkets, the global carbon footprint management market is estimated to …
The global energy demand mainly depends on fossil fuels. Over-dependence on fossil resources increases economic and environmental risks throughout the world. Also, in the present scenario of electricity production, it is difficult to meet the increasing demand. In this circumstance, the effective utilization of renewable …
The global industrial control transformer market is projected to reach USD 1.2 billion by 2027 from an estimated USD 0.9 billion in 2022, at a CAGR of 5.0% during the forecast period. The global industrial control transformer market is primarily being driven by increasing energy …
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 …
The global Biomass Gasification Market is expected to grow from USD 29 million in 2022 to USD 45 million by 2027, at a CAGR of 8.9% according to a new report by MarketsandMarkets™. The biomass gasification market has promising growth potential due to the rising …
The global carbon credit trading platform market is expected to reach USD 200.6 billion by 2027 from an estimated USD 67.3 billion in 2022, at a CAGR of 24.4% from 2022 to 2027. The global carbon credit trading platform market is expected to witness significant …
The global smart meters market is projected to reach USD 30.2 billion by 2026 from USD 19.6 billion in 2021, at a CAGR of 9.0% during the forecast period. Smart Meters is increasingly being installed and is showing robust growth. Governments worldwide are undertaking several initiatives to …
The global Electric Motors Market is expected to grow from USD 134.0 billion in 2022 to USD 186.0 billion by 2027, at a CAGR of 6.8% according to a new report by MarketsandMarkets™. This market is mainly driven by increasing investments in electric vehicles and …
According to the new market research report, the residential energy storage market is estimated to be valued at USD 719 million in 2022 and is projected to reach USD 1,828 million by 2027 growing at a CAGR of 20.5%. Declining costs of lithium-ion batteries and …
The global Industrial Power Supply Market is expected to grow from USD 10.8 billion in 2022 to USD 14.5 billion by 2027, at a CAGR of 6.0% during the forecast period. The growth of the industrial power supply market can be attributed to growing investments in energy-efficient devices …
The global Offshore Pipeline Market is expected to grow from USD 14.8 billion in 2022 to USD 18.6 billion by 2027, at a CAGR of 4.7% according to a new report by MarketsandMarkets™. The Offshore Pipeline Market has promising growth potential due to the rising …
The global Blue Hydrogen Market is projected to grow from USD 18.2 billion in 2022 to USD 44.5 billion by 2030, at a CAGR of 11.9% according to a new report by MarketsandMarkets™. The factors driving the growth of the Blue Hydrogen Market are the …