The market growth can be attributed to the increasing renewable energy capacity additions and enhancement plans for distribution networks and the modernization of existing power infrastructure.
Energy & Green Renewable Technology Market News
The global dry type transformer market is expected to grow from an estimated USD 6.6 billion in 2023 to USD 9.2 billion by 2028, at a CAGR of 6.8% during the forecast period.
The global blue ammonia market is expected to grow from an estimated USD 78 million in 2023 to USD 7,664 million by 2030, at a CAGR of 62.3% from 2024 to 2030.
Battery Materials Market is expected to show high growth in next five years. Its market is segmented by different types of lithium battery materials which include cathode, anode, electrolyte, separator, binders, and packaging material.
The Global Peat Market size is expected to grow from USD 7.44 Million in 2022 to USD 23.08 Million by 2030, at a CAGR of 15.2% during the forecast period (2023-2030).
Electric Vehicle Market by Component, Vehicle Type, Vehicle Class, Propulsion (BEV, PHEV, FCEV), Vehicle Drive Type (FWD, RWD, AWD), Vehicle Top Speed (<125 mph, >125 mph), Charging Point Type, Vehicle Connectivity, End Use, Region - Global Forecast 2030
The Global Energy Trading and Risk Management (ETRM) Market size is expected to grow from USD 1.39 billion in 2022 to USD 1.98 billion by 2030, at a CAGR of 4.5% during the forecast period (2023-2030).
The global Artificial Lift Market is projected to reach USD 9.0 billion in 2028 from USD 7.3 billion in 2023 at a CAGR of 4.4% during the forecast period.
The factors driving the growth for large-scale natural refrigerant heat pump market is increasing visibility of contribution of large-scale natural refrigerant heat pump technology in reducing the carbon footprint.
The coating equipment market size is estimated to be USD 18.9 Billion in 2021 and is projected to reach USD 24.7 Billion by 2026, at a CAGR of 5.6%.
- Geothermal Energy Market worth $9400 Million by 2027
- Diesel Generator Market to capture a CAGR of 5.43%, while touching approximately USD 27.52 billion by 2030
- Offshore Wind Market projected to reach $56.8 billion by 2026 according to a new research report
- MarketsandMarkets™ reveals $500+ billion opportunity in the Hydrogen Future Economy Value Chain and Hydrogen Technologies – Upstream, Midstream, and Downstream
- Global EV Power Inverter Market is projected to reach USD 21.12 billion by 2030