Electrolyzers Market to Show Massive Growth by 2028

Electrolyzers Market

The global Electrolyzers Market is projected to reach USD 23.6 billion in 2028 from USD 1.2 billion in 2023 at a CAGR of 80.3% according to a new report by MarketsandMarkets™. The Electrolyzers Market has promising growth potential due to the rising deployment of electrolyzers …

Diesel Engines Market is Booming Across the Globe and Witness Huge Growth

Diesel Engines Market

The global Diesel Engines Market is projected to reach USD 78.8 billion in 2028 from USD 63.9 billion in 2023 at a CAGR of 4.3% according to a new report by MarketsandMarkets™.  The market growth has been attributed to the growing demand for commercial vessels, …

Pad-Mounted Switchgear Market: Installation of Underground Distribution Systems to Reduce Energy Losses and Enhance Safety

Pad-Mounted Switchgear Market

The global Pad-Mounted Switchgear Market is projected to reach USD 7.1 billion in 2028 from USD 5.6 billion in 2023 at a CAGR of 5.1% according to a new report by MarketsandMarkets™.  Pad-mounted switchgear systems provide easy access to cable connections and operating apparatus, while …

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 …

Small Gas Engines Market: High Demand for Lawn Mowers to Fuel the Market Growth

Small Gas Engines Market

The global Small Gas Engines Market is projected to reach USD 4.3 billion in 2028 from USD 3.3 billion in 2023 at a CAGR of 5.4% according to a new report by MarketsandMarkets™. The Small Gas Engines Market has promising growth potential due to the …

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 …

Pressure Control Equipment Market Surge Towards Solid Growth by 2027

Pressure Control Equipment Market

The global Pressure Control Equipment Market is projected to reach USD 8.9 billion in 2027 from USD 6.8 billion in 2022 at a CAGR of 5.4% according to a new report by MarketsandMarkets™. Pressure control equipment helps in maintaining the required pressure levels inside a …

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 …

Demand For Green Hydrogen to Drive Global Electrolyzers Market

Electrolyzers Market

An electrolyzer system utilizes electricity to break water molecules into hydrogen and oxygen. Through this process, the electrolyzer system produces hydrogen, and the leftover oxygen is released into the atmosphere or can be captured or stored to supply other industrial processes or even medical gases, …

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 …

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 …

Circuit Breaker Market Outlook and Evolving Industry Trends

Circuit Breaker Market

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. Circuit breakers protect electrical circuits from overloading or short-circuiting. They are critical …