Power Grid Market Surge Towards Solid Growth by 2028

Power Grid Market

The global Power Grid Market is projected to reach USD 367.4 billion in 2028 from USD 282.1 billion in 2023 at a CAGR of 5.4% according to a new report by MarketsandMarkets™.  The power grid delivers on-demand electricity from power plants to homes and businesses …

Energy Efficient Motor Market Likely to Boost Future Growth by 2028

Energy Efficient Motor Market

The global Energy Efficient Motor Market is projected to reach USD 59.3 billion in 2028 from USD 41.7 billion in 2023 at a CAGR of 7.3% according to a new report by MarketsandMarkets™. An energy efficient motor is a type of electric motor that is …

High-Speed Engine Market Surge Towards Solid Growth by 2028

High-Speed Engine Market

The global High-Speed Engine Market is projected to reach USD 29.9 billion in 2028 from USD 23.6 billion in 2022 at a CAGR of 4.0% according to a new report by MarketsandMarkets™. Rising demand for reliable and uninterrupted power, growth in maritime tourism and international …

Blower Market Soaring to $4.3 Billion by 2027: A Comprehensive Industry Analysis and Forecast

The blower market size is estimated to be USD 3.5 Billion in 2022 and is projected to reach USD 4.3 Billion by 2027; it is projected to grow at a CAGR of 4.3% during the forecast period. The key drivers for the blower market increasing …

Nuclear Power Plant Equipment Market to Show Promising Growth in Near Future

Hydrogen Generation Market

The global Nuclear Power Plant Equipment Market is projected to reach USD 18.6 billion in 2027 from USD 15.7 billion in 2022 at a CAGR of 3.5% according to a new report by MarketsandMarkets™. The global Nuclear Power Plant Equipment Market is being pushed by …

Blue Hydrogen: A Clean and Sustainable Energy Solution for the Future

Blue Hydrogen Market

The global Blue Hydrogen Market is expected to grow from USD 18.2 billion in 2022 to USD 44.5 billion by 2030, at a CAGR of 11.9% during the forecast period. The blue hydrogen market has a promising growth potential due to several factors, including the role of blue …

Growing Need to Reduce Global Warming and Carbon Emissions to Drive the Carbon Offset/Carbon Credit Market Growth

Waste Management Market

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 …

Revolutionizing the Shipping Industry: The Rise of Smart Ports

Smart Port Market

The global smart port market is projected to reach USD 5.7 billion by 2027 from an estimated USD 1.9 billion in 2022, at a CAGR of 24.3% during the forecast period. The global smart port market is primarily being driven by increasing international maritime trade …

Superconducting Wire Market Pegged for Robust Expansion by 2028

According to a research report “Superconducting Wire Market by Type (Low-temperature Superconductor, Medium-temperature Superconductor, High-temperature Superconductor), End User (Energy, Medical, Transportation, Research), Sales Channel and Region – Global Forecast to 2028″ published by MarketsandMarkets, the global superconducting wire market is projected to reach USD 1.7 …

Carbon Footprint Management Market to Reach $30.8 billion in 2028

Carbon Footprint Management 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 …

Relay Market worth to Witness Comprehensive Growth by 2030

Circuit Breaker Market

The relay market size is estimated to be USD 9.0 billion by 2022 and is projected to reach USD 14.7 billion by 2030, at a CAGR of 6.3%. A relay is an electronic control device that has a control system (also called an input loop) …

Distribution Automation Market worth $28.1 billion by 2027 | Rapid growth of technologies in AsiaPacific to Stoke Demand

Distribution Automation Market Trends

The distribution automation market has promising growth potential due to the rising deployment of smart grid technologies and increasing demand for the electricity in remote areas. According to the latest market research, the global distribution automation market is estimated to be valued at USD 15.8 …

Carbon Credit Trading Platform Market Will Reach USD 317 Million by 2027

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New Revenue Pockets:  The global carbon credit trading platform market is expected to reach USD 317 million by 2027 from an estimated USD 106 million in 2022, at a CAGR of 24.4% from 2022 to 2027. Increasing carbon emissions are the primary driver for global …

GEOTHERMAL ENERGY—FUTURE PROSPECT FOR ALTERNATIVE SOURCE OF POWER

Geothermal Energy Market

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 …