Wave Energy Market to Witness Massive Growth in Near Future

Wave Energy Market

The global Wave Energy Market size is expected to grow from estimated revenue of USD 44 million in 2020 to USD 107 million by 2025, at a CAGR of 19.3% during the forecast period. The factors driving the growth for wave energy are Likewise, increasing …

Green Ammonia Market to Grow Immensely Backed by Growing Demand for long-term Storage of Renewable Energy

Green Ammonia Market

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 …

Switchgear Market Analysis by Size, Status and Forecast to 2025

Global Switchgear Market Overview: The global switchgear market size will grow to  USD 88.5 billion by 2025 (forecast year) from USD 67.5 billion in 2020 (estimated year), at a post COVID-19 CAGR of 5.5% during the forecast period. Replacement of aging infrastructure in North America, …

Residential Energy Storage Market is Booming with Strong Growth Prospects

Residential Energy Storage Market

Residential Energy Storage Market Overview: The global residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period. This growth can be attributed to the declining …

Bright future for Thermal Energy Storage Market | CAGR 14.4%

Thermal Energy Storage Market

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 …

Power-to-gas Market Development Leads to High Demand

power-to-gas market

According to the new market research report ‘Power-to-gas Market is projected to reach USD 42 million by 2024 from an estimated USD 26 million in 2019, at a CAGR of 10.1% during the forecast period.’ Effective utilization of renewable energy resources and integrated management of …

Lead Acid Battery Market to Set Strong Growth by 2024

The global lead acid battery market is expected to grow from an estimated USD 41.6 billion in 2019 to USD 52.5 billion by 2024, at a CAGR of 4.7% during the forecast period. The growth of this market is driven by burgeoning expansion in the …

Small Modular Reactor Market to Witness Revolutionary Growth by 2026

The report “Small Modular Reactor Market by Reactor (HWR, LWR, HTR, FNR, MSR), Deployment (Single, Multi), Connectivity (Grid, Off-grid), Location (Land, Marine), Application (Power Generation, Desalination, Process Heat), and Region – Global Forecast to 2026” The small modular reactor market is projected to reach USD …

Bright future for Energy as a Service Market | CAGR 10.8%

Energy as a Service Market

The global Energy as a Service Market is projected to reach USD 86.9 billion by 2024 from an estimated USD 52.0 billion in 2019, at a CAGR of 10.8% from 2019 to 2024. The growth of energy as a service market is driven by the …

Hydrogen Energy Storage Market Is Grabbing New Opportunities By International Key Players

Hydrogen Energy Storage Market Overview: The global hydrogen energy storage market is projected to reach USD 18.2 billion by 2024 from an estimated USD 13.8 billion in 2019, at a CAGR of 5.8% during the forecast period. The growth is attributed to the increase in …

Green Ammonia Market to witness Revolutionary Growth through 2030

According to the new market research report “Green Ammonia Market by Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), and Solid Oxide Electrolysis (SOE)), End User (Transportation, Power Generation, and Industrial Feedstock) and Region – Global Forecast to 2030″, published by MarketsandMarkets™, The global …

Smart Meters Market Showing Robust Growth in Future

Smart Meters Market

According to the new market research report “Smart Meters Market by Type (Electric, Gas, Water), Communication Type (RF, PLC, Cellular), Component (Hardware, Software), Technology (AMR, AMI), End user (Residential, Commercial, Industrial), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, The Smart Meters Market …

Hydrogen Generation is the Next Big Trend $150bn Potential Opportunity is Opening UP

Disruption – Potential opportunity worth USD 5 Bn is expected to open up for green hydrogen, as hydrogen production using renewables cost heads to USD 1.3/kg. The green hydrogen market is projected to be valued at USD 4,373 Mn by 2026, at a CAGR of …

Distributed Energy Resource Management System Market – Increasing power consumption to Boost Market

Distributed Energy Resource Management System Market

Global Distributed Energy Resource Management System Market Scenario: The global distributed energy resource management system market size will grow to USD 750 million by 2026 (forecast year) from USD 286 million in 2021 (estimated year), at a CAGR of 21.2% during the forecast period. The …