https://www.barchart.com -
The global Electrolyzers Market Share is expected to grow from estimated USD 3.75 billion in 2024 to USD 78.01 billion by 2030, at a CAGR of 65.9% during the forecast period. This growth mainly comes in response to supportive government initiatives that encourage renewable energy technologies as well as advancements in the electrolysis process. Electrolyzers play a crucial role in the production of hydrogen since they split water into hydrogen...
https://www.newschannelnebraska.com -
The global Gas Insulated Switchgear Market Share is expected to grow from estimated USD 24.93 billion in 2024 to USD 33.53 billion by 2029, at a CAGR of 6.1% during the forecast period. This is attributed to the increase in strength across the power distribution infrastructure to meet the high demand for electricity, in addition to increasing investments into renewables and industrial production. In addition, the rapid growth in the deployment...
https://www.newsnetmedia.com -
The global Energy as a Service Market is anticipated to grow from estimated USD 51.88 billion in 2024 to USD 100.34 billion by 2030, at a CAGR of 11.6% during the forecast period. Major forces driving the Energy as a Service Market include the increased need for energy efficiency, surging energy prices, and global trends toward carbon neutrality and sustainability. Business houses are adopting EaaS solutions in order to bring their energy...
https://www.prnewswire.com -
/PRNewswire/ -- The global Smart Meter Market is anticipated to grow from estimated USD 26.36 billion in 2024 to USD 46.14 billion by 2030, at a CAGR of 9.8% during the forecast period. Utilization of electric, gas and water smart meters transformed how utility operations are conducted. The advancement of smart meters combined with sensors and control systems and communication components lets utility systems operate in real-time. These...
https://www.prnewswire.com -
/PRNewswire/ -- The global Screw Compressor Market is anticipated to grow from estimated USD 12.74 billion in 2025 to USD 16.30 billion by 2030, at a CAGR of 5.0% during the forecast period. The market is growing due to Industrialization, demand for energy-efficient solutions, and growth in the manufacturing, oil and gas, and construction industries. Strict emission regulations and the necessity for low-maintenance, high-performance...
https://www.globenewswire.com -
Delray Beach, FL, Feb. 28, 2025 (GLOBE NEWSWIRE) -- The global Heat Pump Market size is projected to grow from USD 90.1 billion in 2024 to USD 157.8 billion by 2029, at a CAGR of 11.8% according to a new report by MarketsandMarkets™. Heat Pump is a more reliable way of heating & cooling on a large scale. The versatile nature of heat pump could enable the transition to a cleaner world and a stronger global economy this is pivotal in...
https://www.globenewswire.com -
(GLOBE NEWSWIRE) -- The global Electric Motors Market size is projected to grow from USD 152.2 billion in 2024 to USD 206.4 billion by 2029, at a CAGR of 6.3% according to a new report by MarketsandMarkets™. The rising demand for HVAC systems among residential, commercial, and industrial end-users, the growing demand for electric motors in manufacturing industries, and the increasing demand for energy-efficient motors are the major...
https://www.barchart.com -
The global High Voltage Power Transformer Market in terms of revenue was estimated to be worth $9.1 billion in 2024 and is poised to reach $12.3 billion by 2029, growing at a CAGR of 6.3% from 2024 to 2029 according to a new report by MarketsandMarkets™. This growth is primarily driven by the need to strengthen power distribution networks to keep up with the rising global demand for electricity. Furthermore, the market stands to gain...
