The global fuel cell market size was estimated at USD 7.35 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 27.1% from 2024 to 2030. Increasing demand for unconventional energy sources is one of the key factors driving the growth. Growing private-public ... Read More »
January 2024The global carbon footprint management market size was valued at USD 11.06 billion in 2023 and is projected to grow at a compound annual growth rate CAGR of 9.2% from 2024 to 2030. Increasing concerns regarding detrimental effect of carbon emissions on environment have prompted adoption ... Read More »
November 2023The North America wires and cables market size was valued at USD 32.96 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 3.4% from 2023 to 2030. Over the past years, several developments have occurred in the wires and cables industry. The increase in r... Read More »
November 2023The global battery recycling market size was estimated at USD 1.83 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 37.6% from 2024 to 2030. The industry is expected to grow rapidly during the forecast period owing to increasing popularity of electric ve... Read More »
November 2023The Global hydrogen generation market size was estimated at USD 170.14 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.3% from 2024 to 2030. Demand for cleaner fuel and increasing government regulations for desulphurization of petroleum products. Hydr... Read More »
November 2023The global PV inverter market size was estimated at USD 13.09 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 18.3% from 2024 to 2030. The growing awareness regarding environmental issues and need to reduce carbon emissions is driving demand for clea... Read More »
November 2023The global lithium iron phosphate (LiFePO4) battery market size was estimated at USD 8.25 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2030. An increasing demand for hybrid electric vehicles (HEVs) and electric veh... Read More »
November 2023The global microgrid market size was estimated at USD 76.88 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. Rising power demand in developing countries including Mexico, China, India, and Russia as a result of growth in househol... Read More »
November 2023The global lithium-ion battery market size was estimated at USD 54.4 billion in 2023 and is projected to register a compound annual growth rate (CAGR) of 20.3% from 2024 to 2030. Automotive sector is expected to witness significant growth owing to the low cost of lithium-ion batteries. G... Read More »
November 2023The global hydrogen energy storage market size was estimated at USD 15.97 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030. The growth can be primarily attributed to the swift industrialization of developing countries and increasin... Read More »
November 2023The U.S. residential solar PV market size was estimated at USD 7.45 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2030. A rise in environmental concerns about increased carbon emissions caused by the use of conventional fuels for tr... Read More »
November 2023The U.S. battery energy storage system market size was estimated at USD 711.9 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 30.5% from 2024 to 2030. Growing use of battery storage systems in industries to support equipment with critical power supply i... Read More »
November 2023The global gas turbine market size was estimated at USD 10.19 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2030. A gas turbine is an engine, which heats a mixture of fuel and outside air at a very high temperature to ge... Read More »
November 2023The global biogas market size was estimated at USD 65.53 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2030. The industry is expected to witness growth due to increasing product demand from various application ... Read More »
November 2023The global bio-LNG market size was estimated at USD 1.37 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 41.1% from 2024 to 2030. As more organic waste streams become available, such as agricultural and forestry residues and food waste, there is an i... Read More »
November 2023The Africa diesel generator market size was estimated at USD 6.49 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2030. Datacenter end-use registered a high growth rate owing to an increase in momentum towards digitalization in the Afr... Read More »
November 2023The global renewable energy market size was estimated at USD 1.21 trillion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 17.2% from 2024 to 2030. The shift toward low-carbon fuels and the presence of stringent environmental regulations in most of the develope... Read More »
November 2023The global biofuels market size was estimated at USD 99.53 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 11.3% from 2024 to 2030. The market is anticipated to be driven by the demand for cleaner fuel, coupled with increasing governmental regulations f... Read More »
November 2023The global solar PV panels market size was estimated at USD 170.25 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2030. Growing demand for renewables-based clean electricity coupled with government policies, tax rebates, and incentive... Read More »
November 2023The global wind turbine operations and maintenance market size was valued at USD 15.86 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.0% from 2023 to 2030. Repairing and maintenance of turbines is an integral part of the wind energy project. Efficien... Read More »
November 2023