The global electric motors market is expected to grow from USD 134.0 billion in 2022 to USD 186.0 billion by 2027, at a CAGR of 6.8% during the forecast period.
Energy & Green Renewable Technology Market News
Opportunities: Increasing adoption of digital solutions such as industrial internet of things, digital twin, and predictive maintenance
The global pressure vessels market is expected to grow from USD 50.3 billion in 2023 to USD 62.7 billion by 2028, at a CAGR of 4.5% during the forecast period.
Nino conditions have developed in the tropical Pacific for the first time in seven years, making Australia more vulnerable to frequent extreme weather events and natural disasters such as bushfires and floods. Last year, for example, Australia experienced four major floods and had losses totaling $11.7 billion, according to global reinsurance company Munich Re.
Global Hydrogen Generation Market Size Was Valued at USD 140.89 Billion In 2022 And Is Projected to Reach USD 270.59 Billion By 2030, Growing at A CAGR of 8.5% From 2023 To 2030.
Global Power Distribution Unit (PDU)Market Size Was Valued at USD 1.70 Billion In 2022 And Is Projected to Reach USD 2.82 Billion By 2030, Growing at A CAGR of 6.5% From 2023 To 2030.
EV Charging Station Market by Application, Level of Charging, Charging Point, Charging Infrastructure, Operation, Electric Bus Charging, DC Fast Charging, Connectivity, Connection Phase, Service, Installation and Region - Global Forecast to 2027
Are you planning to buy an electric vehicle? or are you planning to install an EV charging station for business/commercial purposes?
The Global Nuclear Power Market size is expected to grow from USD 80.55 billion in 2022 to USD 211.12 billion by 2030, at a CAGR of 12.8% during the forecast period (2023-2030).
The Global Renewable Energy Market size is expected to grow from USD 1.29 billion in 2022 to USD 2.35 billion by 2030, at a CAGR of 7.8% during the forecast period (2023-2030).
- Ring Main Unit Market surge towards solid growth by 2027 according to a new research report
- Dry Type Transformer Market worth $9.2 Billion by 2028 according to a new research report
- Blue Ammonia Market worth $7,664 Million by 2030 according to a new research report
- Battery Materials Market (lithium battery) applications & geography
- Global Peat Market projected to hit USD 23.08 million at a 15.2% CAGR by 2030