Energy Management Systems Market worth $75.6 Billion by 2028

Energy Management Systems Market

The global Energy Management Systems Market is projected to reach USD 75.6 billion in 2028 from USD 40.7 billion in 2023 at a CAGR of 13.2% according to a new report by MarketsandMarkets™.  EMS determines the most cost-effective configuration for power production, transmission, and distribution throughout the network, …

Gas Turbine Market worth $22.5 Billion by 2026

Gas Turbine Market

The global Gas Turbine Market is expected to grow from an estimated USD 18.9 Billion in 2021 to USD 22.5 Billion by 2026, at a CAGR of 3.6% during the forecast period, owing to an increase in demand of gas turbines in power generation. However, they are …

Hydrogen Generation Market: Global Value $257.9 Billion by 2028, and 10.2% CAGR Over 2023-2028

Blue Hydrogen Market

According to a research report “Hydrogen Generation Market by Technology (SMR, ATR, POX, Coal Gasification, Electrolysis), Application (Refinery, Ammonia, Methanol, Transportation, Power Generation), Source (Blue, Green, Gray), Generation Mode Region – Global Forecast to 2028″ published by MarketsandMarkets, the global hydrogen generation market is projected …

Biomass Gasification Market worth $45 Million by 2027

Biomass Gasification Market

The global Biomass Gasification Market is projected 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 size refers to the total market value of biomass gasification systems, which are used to transform …

Relay Market Surge Towards Solid Growth by 2030

New Revenue Pockets:  The global relay market size is estimated to be USD 9.0 billion in 2022 and is projected to reach USD 14.7 billion by 2030, at a CAGR of 6.3% during the forecast period. The relay market is driven by the rising investments …

Blue Hydrogen Market worth $44.5 Billion by 2030

Blue Hydrogen Market

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™.  Hydrogen has long been recognized as a possible low-carbon transportation fuel. Blue hydrogen is primarily produced from …

Electrolyzers Market worth $23.6 Billion by 2028

Electrolyzers Market

The global electrolyzers market size is expected to grow from an estimated USD 1.2 billion in 2023 to USD 23.6 billion in 2028, at a CAGR of 80.3% according to a new report by MarketsandMarkets™. An electrolyzer system utilizes electricity to break water molecules into hydrogen and oxygen. …

Biorefinery Market worth $210.3 Billion by 2027

Biorefinery Market

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™. Increasing demand for biofuels to achieve net zero emissions are the primary driver for the global biorefinery market across the globe. …

Industrial Burner Market Size, Trends and Market Overview

New Revenue Pockets: The global industrial burner market is expected to grow at a CAGR of 6.1% to USD 7.9 billion by 2027, up from an estimated USD 5.9 billion in 2022. The increasing power generation worldwide fueling demand for industrial burners to drive the …

Carbon Offset/Carbon Credit Market worth $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 …

Geothermal Energy Market: Rising Demand for Power Generation through Clean Energy

Geothermal Energy Market

The global Geothermal Energy Market is expected to grow from an estimated USD 7.0 billion in 2022 to USD 9.4 billion in 2027, at a CAGR of 5.9% according to a new report by MarketsandMarkets™. Increasing use of geothermal energy for power generation, Favourable government policy, and increasing …

Remote Power Panel Market to Grow Exponentially by 2023-2030

Remote Power Panel Market New Revenue Pockets: 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 play an important …

Air Circuit Breaker Market worth $4.1 Billion by 2028

Air Circuit Breaker Market

The global Air Circuit Breaker Market is expected to reach USD 4.1 billion by 2028 from USD 3.2 billion in 2023 at a CAGR of 5.0% during the 2023–2028 period according to a new report by MarketsandMarkets™.  Key growth catalysts include rising investments in smart grid technologies aimed …

Solid Oxide Fuel Cell Market Size to Reach $5.4 billion by 2028

Solid Oxide Fuel Cell Market Size

Solid oxide fuel cells are the electrochemical devices that use fuel cell technology to generate electricity. Solid oxide fuel cells are electrochemical devices that convert the chemical energy of a fuel, typically hydrogen, into electrical energy through a chemical reaction. These fuel cells can provide …