The global smart grid market is expected to grow from an estimated USD 43.1 billion in 2021 to USD 103.4 billion by 2026, at a CAGR of 19.1% during the forecast period. The modernization of aging grid infrastructure is one of the primary factors driving the market …
The global Wave Energy Converter Market is projected to grow from USD 20 million in 2022 to USD 28 million by 2030, at a CAGR of 4.3% according to a new report by MarketsandMarkets™. The Wave Energy Converter Market has promising growth potential due to …
The global Energy as a Service Market is projected to grow from USD 64.7 billion in 2022 to USD 105.6 billion by 2027, at a CAGR of 10.3% according to a new report by MarketsandMarkets™. Increasing distributed energy resources, new revenue generation streams for utilities, …
The global Offshore Wind Market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. Offshore wind is a crucial pillar in the energy mix together with onshore wind for …
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 …
The global distributed generation market is expected to grow from an estimated USD 60.04 Billion in 2017 to USD 103.38 Billion by 2022, at a CAGR of 11.48%. This growth can be attributed to the increased global demand for electricity, decreasing costs of solar technology, …
The global Green Ammonia Market size is projected to grow from USD 16 million in 2021 to reach USD 5,415 million by 2030, at a CAGR of 90.2% during the forecast period. Green hydrogen projects are increasing as many countries are focusing on investing in …
The global Renewable Drones Market size will grow to USD 148 million by 2025 from USD 45 million in 2020, at a CAGR of 27.1% during the forecast period. The rising adoption of drones for reducing inspection, increasing focus on asset optimization are the driving factors …
The global Circuit Breaker Market size is expected to grow from an estimated USD 5.7 billion in 2020 to USD 7.7 billion by 2025, at a CAGR of 5.9%, during the forecast period. Growing investments in smart grid technologies to protect and control power equipment …
The global Green Ammonia Market size is projected to grow from USD 16 million in 2021 to reach USD 5,415 million by 2030, at a CAGR of 90.2% during the forecast period. Green hydrogen projects are increasing as many countries are focusing on investing in …
The global Thermal Energy Storage Market size is projected to reach USD 369 million by 2025, at a CAGR of 14.4%, from an estimated USD 188 million in 2020. The growth of the thermal energy storage market is majorly driven by increasing demand for energy …
The global Energy as a Service Market is projected to grow from USD 52.0 billion in 2019 to reach USD 86.9 billion by 2024, at a CAGR of 10.8% during the forecast period. The growth of energy as a service market is driven by the new revenue …
The global Offshore Support Vessel Market is expected to grow from an estimated USD 22.0 billion in 2021 to USD 26.8 billion by 2026, at a CAGR of 4.0%, during the forecast period. The market growth is driven by robust investments in the offshore oil & gas …
The global Environmental Technology Market is estimated at USD 552.1 billion in 2021 and is projected to reach USD 690.3 billion by 2026, at a CAGR of 4.6% during the forecast period. Increase in demand from different verticals and a stringent government regulation is one …