Green Ammonia Market to grow at a CAGR of 54.9% by 2030

Green Ammonia Market

According to the new market research report “Green Ammonia Market by Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), and Solid Oxide Electrolysis (SOE)), End User (Transportation, Power Generation, and Industrial Feedstock), and Region – Global Forecast to 2030″,published by MarketsandMarkets™, the Green Ammonia …

Power Distribution Unit Market to Witness a Pronounce Growth During 2019-2024

Power Distribution Unit Market

The Power Distribution Unit Market is projected to reach USD 5.2 billion by 2024 from an estimated USD 3.7 billion in 2019, at a CAGR of 7.1% during the forecast period. The rising concerns overpower stability for uninterrupted business operations; rising power distribution unit installations …

Shore Power Market to Grow at a CAGR of 6.7% during 2020–2025

Shore Power Market

The global Shore Power Market is projected to reach USD 1.4 billion by 2025 from USD 1.1 billion in 2020, at a CAGR of 6.7%. The factors driving the growth of the Shore Power Market are the growing focus on reducing air and noise pollution …

Gas-insulated Switchgear Market is Expected to Grow $26.5 Billion by 2025

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 factors driving market growth are the growing investments in renewable energy and government initiatives to reduce carbon emissions …

Energy as a Service Market to Witness Significant Growth of $86.9 Billion by 2024

The global Energy as a Service Market is projected to reach USD 86.9 billion by 2024 from an estimated USD 52.0 billion in 2019, at a CAGR of 10.8%. This growth can be attributed to the new revenue generation streams for utilities, increased distributed energy …

Air Circuit Breaker Market To Witness Significant Growth In Near Future

Air Circuit Breaker Market

The global Air Circuit Breaker Market size is projected to reach USD 3.9 billion by 2024 from an estimated USD 3.0 billion in 2019, at a CAGR of 5.2% during the forecast period. Asia Pacific is estimated to be the largest market for air circuit …

Pad-Mounted Switchgear Market: Advanced Technologies & Growth Opportunities by 2024

The global pad-mounted switchgear market is projected to reach USD 7.2 billion by 2024 from an estimated market size of USD 5.5 billion in 2019, at a CAGR of 5.4% during the forecast period. The factors driving the market include increasing investments in distribution infrastructure …

Small Hydropower Market: Rising Impressive Business Opportunities by 2024

The global small hydropower market is projected to reach USD 3.0 billion by 2024 from an estimated market size of USD 2.6 billion in 2019, at a CAGR of 2.4% during the forecast period. The global market is set to witness significant growth owing to …

Pressure Vessel Market to Register Substantial Growth by 2025

The global Pressure Vessel Market size is projected to reach USD 53.3 billion by 2025 from an estimated USD 42.7 billion in 2020, at a CAGR of 4.5% during the forecast period. Increasing construction of refinery & chemical plants and the adoption of supercritical and …

Protective Relay Market to See Major Growth by 2025 | ABB, GE, Schneider Electric, Siemens, and SEL.

The global Protective Relay Market is projected to reach USD 2.7 billion by 2025 from an estimated market size of USD 2.0 billion in 2020, at a CAGR of 5.7% during the forecast period. The global Protective Relay Market is set to witness significant growth …

COVID-19 Impact on Renewable Energy Market: Future Scope and Industry Growth during 2020-2021

As renewable energy is the best and environment-friendly alternative to oil, the demand for renewable energy and related projects is likely to increase in the near future. This renewable energy market will be less impacted during the COVID-19 period. The COVID-19 Impact on Renewable Energy …

COVID-19 Impact on Smart Grid Market: Emerging Trends and Industry Growth during 2020-2021

Smart grids enabletwo-way communication between utilities and end-users, whereas the traditional system consists of electrical wires, wires, cables, towers, and distribution lines. Increased investments in the digitalization of the grid by implementing advanced communication technology will fuel the growth of smart grid market. The smart …

Smart Meters Market Insights with statistics and Growth Prediction 2020 to 2025

Smart Meters Market

According to the new market research report “Smart Meters Market, By Type (Electric, Gas, Water), By Communication Type (RF, PLC, Cellular), By Component (Hardware, Software), By Technology (AMR, AMI), By End-user (Residential, Commercial, Industrial), and Region – Global Forecast To 2025″The global Smart Meters Market …

Offshore Wind Market Booming Worldwide with A Massive Growth of 15.32% by 2022 | Siemens AG, ABB Ltd., MHI Vestas, General Electric, EEW Group, A2Sea, Nexans, among others.

The offshore wind market has been rapidly growing, especially in Europe as it contributed the European Union (EU) to meet its renewable energy targets for 2020.  The market in Europe was estimated to be the largest market for offshore wind, followed by Asia-Pacific in 2016. …