Green ammonia refers to the production of renewable and carbon-free ammonia. It is produced by generating energy from solar/wind/hydropower, which is then fed into an electrolyzer. It extracts hydrogen from water, while nitrogen is removed from the air using an air separation unit. In this …
The global Power Transformer Market is expected to grow from an estimated USD 27.9 billion in 2024 to USD 37.7 billion by 2029, at a CAGR of 6.2% during the forecast period according to a new report by MarketsandMarkets™. This growth is primarily driven by the …
The Global Hydrogen Generation Market 2028 Research Report Analysis and Outlook Insights | Latest Updated Report | is segmented into by Technology (SMR, ATR, POX, Coal Gasification, Electrolysis), Application (Refinery, Ammonia, Methanol, Transportation, Power Generation), Source (Blue, Green, Gray), Generation Mode Region. The report presents the …
The global Air Insulated Switchgear Marketis expected to grow from an estimated USD 67.3 billion in 2024 to USD 85.9 billion by 2029, at a CAGR of 5.0% during the forecast period according to a new report by MarketsandMarkets™. The air insulated switchgear market is poised …
New Revenue Pockets: The global marine engines market is projected to reach USD 15.2 billion by 2029, showing a growth from the estimated USD 13.1 billion in 2024, with a compound annual growth rate (CAGR) of 3.0% from 2024 to 2029. Traditionally, after-sales services like …
The global Synthetic Natural Gas Market in terms of revenue was estimated to be worth $23.9 billion in 2024 and is poised to reach $68.4 billion by 2029, growing at a CAGR of 23.4% from 2024 to 2029 according to a new report by MarketsandMarkets™. The …
According to a research report, Distribution Automation Market is estimated to be valued at USD 19.3 billion in 2024 and is projected to reach USD 36.5 billion by 2029; growing at a CAGR of 13.6% during the forecast period. Distribution automation (DA) refers to a …
The global Circuit Breaker Market size is expected to grow from an estimated USD 6.5 billion in 2023 to USD 8.6 billion by 2028, at a CAGR of 5.5% during the forecast period. Key drivers for this growth include increasing investments in smart grid technologies aimed at protecting …
An offshore support vessel (OSV) is specially designed to support offshore exploration, drilling, production, and construction activities in the oil & gas industry. These vessels provide a range of services, such as transportation of personnel, equipment and supplies, maintenance and repair, and oil spill response. …
The global Artificial Lift Market growth is projected to be USD 9.0 billion by 2028, growing from USD 7.3 billion in 2023, at a CAGR of 4.4% during the forecast period. The need for the artificial lift method to optimize production and enhance the recovery rate from …
The global Biomass Gasification Market is expected to grow from USD 29 million in 2022 to USD 45 million by 2027, at a CAGR of 8.9% during the forecast period. The biomass gasification market size refers to the total market value of biomass gasification systems, which are used …
The global district cooling market is projected to reach USD 1,177 million by 2026 from an estimated market size of USD 931 million in 2021, at a CAGR of 3.4% during the forecast period. The factors driving the growth for district cooling are the Surging …
Global Micro Combined Heat and Power Market Overview The Micro Combined heat and power market is projected to reach USD 4.8 billion by 2029 from an estimated USD 3.1 billion in 2024, at a CAGR of 9.4% during the forecast period. The demand for Micro …
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% during the forecast period. An energy efficient motor is a type of electric motor that is designed to consume less electrical …