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 …
The global Green Ammonia Market is expected to grow from an estimated USD 0.3 billion in 2023 to USD 17.9 billion by 2030, at a CAGR of 72.9% according to a new report by MarketsandMarkets™. Green ammonia refers to the production of renewable and carbon-free ammonia. It is produced by …
The global biofuel market is projected to reach USD 225.9 billion by 2028 from an estimated USD 167.4 billion in 2023, at a CAGR of 6.2% during the forecast period. The growing demand for cleaner fuels is one of the major factors driving the biofuels …
The global Blue Ammonia Market is expected to grow from an estimated USD 78 million in 2023 to USD 7,664 million by 2030, at a CAGR of 62.3% according to a new report by MarketsandMarkets™. Blue ammonia is a type of ammonia that is produced …
The global Dry Type Transformer Market is expected to grow from an estimated USD 6.6 billion in 2023 to USD 9.2 billion by 2028, at a CAGR of 6.8% according to a new report by MarketsandMarkets™. Countries across the globe continue to invest in upgrading …
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 …
The global Smart Grid Market size is projected to reach USD 103.4 billion by 2026 from USD 43.1 billion in 2021 at a CAGR of 19.1% during the forecast period. Smart grid technology enables the transition from a traditional energy distribution network to an intelligent …
The global Carbon Offset/Carbon Credit Market is projected to reach USD 1,602.7 billion in 2028 from USD 414.8 billion in 2023 at a CAGR of 31.0% according to a new report by MarketsandMarkets™. The Carbon Offset/Carbon Credit Market growth has been attributed to rising global …
The global Grid-forming Inverter Market is projected to reach USD 1,042 million in 2028 from USD 680 million in 2023 at a CAGR of 8.9% according to a new report by MarketsandMarkets™. Grid-forming inverters actively regulate the grid’s frequency and voltage to ensure that it …
The global Circuit Breaker Market is projected to reach USD 8.6 billion in 2028 from USD 6.5 billion in 2023 at a CAGR of 5.5% according to a new report by MarketsandMarkets™. Key drivers for this growth include increasing investments in smart grid technologies aimed …
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 …
The global Fuel Cell Generator Market is projected to reach USD 2.1 billion in 2030 from USD 0.4 billion in 2023 at a CAGR of 25.4% according to a new report by MarketsandMarkets™. The chemical energy of a fuel is converted directly into electricity by …
The global Offshore Support Vessel Market is projected to reach USD 31.4 billion by 2028 from USD 22.6 billion in 2023 at a CAGR of 6.7% according to a new report by MarketsandMarkets™. An offshore support vessel (OSV) is specially designed to support offshore exploration, …
The global Green Ammonia Market is projected to reach USD 17.9 billion in 2030 from USD 0.3 billion in 2023 at a CAGR of 72.9% according to a new report by MarketsandMarkets™. The Green Ammonia Market has promising growth potential due to the rising deployment …