Rising global energy demand, highly volatile oil & gas prices, increasing complicated regulatory and environmental pressure have put great "deal" to other alternative energy sources in this decade. There is increased awareness and commitments across ....see more
The high-voltage circuit breaker market is projected to grow from USD 3.68 billion in 2025 to USD 4.68 billion by 2030, at a CAGR of 5.0% during the forecast period. The key players include Eaton (Ireland), Schneider Electric (France), Siemens (Germany), ABB (Switzerland), Mitsubishi Electric Corporation (Japan), Toshiba Corporation (Japan), GE Vernova (USA), and LS ELECTRIC Co., Ltd. (South Korea).
The Europe shore power market size is projected to reach USD 0.94 billion by 2030, at a CAGR of 10.8% between 2025 and 2030. The Key Players include General Electric Company (US), Siemens (Germany), Schneider Electric (France), ABB (Switzerland), Cavotec SA (Switzerland), Eaton (Ireland), Wärtsilä (Finland), Hitachi Energy Ltd (Switzerland),
The Asia Pacific Hydrogen Generation market is projected to reach USD 109.43 billion by 2030, growing at a CAGR of 8.4% from 2025 to 2030. The key players include Linde PLC (Ireland), Air Liquide (France), Air Products and Chemicals, Inc. (US), Iwatani Corporation (Japan), and Petroliam Nasional Berhad (PETRONAS) (Indonesia), Iberdrola S.A. (Spain), and BP p.l.c. (UK), among others.
The US cryogenic equipment market is projected to be valued at USD 2.84 billion in 2025 and USD 4.65 billion by 2030, registering a CAGR of 10.4% during the forecast period. The Key Players Linde plc (Ireland), Chart Industries (US), Cryofab Inc. (US), Air Products and Chemicals, Inc (US), and Taylor-Wharton (US).
The US variable frequency drive market is projected to reach USD 4.92 billion by 2030 from USD 4.08 billion in 2025, exhibiting a CAGR of 3.8% during the forecast period. The Key Players Rockwell Automation (US), General Electric (US), Parker Hannifin Corp (US), and Anaheim Automation (US).
US Power Rental Market
The industrial portable generator market was valued at USD 0.56 billion in 2025 and is projected to reach USD 0.75 billion by 2030, registering a CAGR of 6.1% during the forecast period. The key players include Generac (US), Caterpillar Inc (US), and Cummins (US).
Europe Energy as a Service (EaaS) Market
The North America portable generator market is expected to grow at a CAGR of 6.5% during the forecast period, increasing from an estimated USD 0.86 billion in 2024 to USD 1.26 billion in 2030. The key players include Generac (US), Caterpillar Inc (US), and Cummins (US).
The US portable generator market is expected to grow at a CAGR of 6.8% during the forecast period, from an estimated USD 0.63 billion in 2024 to USD 0.93 billion by 2030. The flexibility of portable generators is driving the market growth.
The power generator rental market is projected to be valued at USD 8.99 billion in 2025 and is projected to reach USD 11.96 billion by 2030, at a CAGR of 5.9% during the forecast period. The report profiles key players, such as Aggreko (UK), Ashtead Group plc (UK), United Rentals, Inc. (US), Caterpillar (US), and Cummins Inc. (US).
US Energy as a Service (EAAS) Market
The electric centrifugal pump market is projected to reach USD 45.44 billion by 2030 from USD 33.07 billion in 2025, at a CAGR of 6.6% during the forecast period. The key players include Grundfos (Denmark), Xylem (US), Ebara Corporation, Flowserve Corporation, ITT Inc.
The Europe centrifugal pump market is projected to reach USD 15.00 billion by 2030 from an estimated USD 11.31 billion in 2025, at a CAGR of 5.8% during the forecast period. The key players include Xylem (US), Grundfos Holding A/S (Denmark), Flowserve Corporation (US), KSB SE & Co. KGaA (Germany), and Wilo SE (Germany).
The Europe variable frequency drive market is projected to grow from USD 5.50 billion in 2025 to USD 6.78 billion by 2030, at a CAGR of 4.3% from 2025 to 2030.
The medium-voltage circuit breaker market is projected to reach USD 4.62 billion by 2030 from USD 3.51 billion in 2025, at a CAGR of 5.7% during the forecast period. The key players include Eaton (Ireland), Schneider Electric (France), Siemens (Germany), ABB (Switzerland), Mitsubishi Electric Corporation (Japan), and emerging startups focusing on digital and eco-friendly breaker technologies.
The Europe cryogenic equipment market is projected to be valued at USD 3.94 billion in 2025 and USD 5.95 billion by 2030, growing at a CAGR of 8.6% during the forecast period. The Key Players Air Liquide (France), Wessington Cryogenics (UK), Sulzer Ltd. (Switzerland), Air Products and Chemicals, Inc. (US), and Parker Hannifin Corp. (US).
The Asia Pacific power rental market is projected to reach USD 2.94 billion in 2025 and USD 4.14 billion by 2030, at a CAGR of 7.1% during the forecast period. The Key Players Aggreko (UK), Caterpillar (US), Cummins (US), and Atlas Copco (Sweden).
The North America shore power market is projected to be valued at USD 0.74 billion in 2025 and USD 1.30 billion by 2030, exhibiting a CAGR of 11.9% between 2025 and 2030. The Key Players General Electric Company (US), Siemens (Germany), Schneider Electric (France), ABB (Switzerland), Cavotec SA (Switzerland), Eaton (Ireland), Wärtsilä (Finland), and Hitachi Energy Ltd (Switzerland).
The Asia Pacific cryogenic equipment market is expected to be valued at USD 5.32 billion in 2025 and USD 8.72 billion by 2030, exhibiting a CAGR of 10.4% during the forecast period. The Key Players Air Liquide (France), Linde plc (Ireland), Chart Industries (US), Cryofab Inc. (US), and Taylor-Wharton (US).
The shoreside shore power market is expected to be valued at USD 1.78 billion in 2025 and USD 3.03 billion by 2030, at a CAGR of 11.2% during the forecast period.
The Asia Pacific portable generator market is expected to grow at a CAGR of 7.5% during the forecast period, increasing from an estimated USD 0.62 billion in 2025 to USD 0.89 billion in 2030. The key players include Generac (US), Caterpillar Inc. (US), Kirloskar (India), and Cummins (US).
The Power Variable Frequency Drive market is projected to reach USD 7.08 billion by 2030 from an estimated USD 5.26 billion in 2025, at a CAGR of 6.1% during the forecast period (2025–2030). The Key Players Rockwell Automation (US), General Electric (US), Parker Hannifin Corporation (US), and Anaheim Automation (US).
The China hydrogen generation market is projected to reach USD 73.29 billion by 2030 from USD 46.69 billion in 2024, at a CAGR of 7.8%. The key players include Linde PLC (Ireland), Air Liquide (France), Air Products and Chemicals, Inc. (US), Iwatani Corporation (Japan), Petroliam Nasional Berhad (PETRONAS) (Indonesia), Iberdrola S.A. (Spain), and BP p.l.c. (UK), among others.
The commercial energy as a service (EaaS) market size is projected to reach USD 55.04 billion by 2030, at a CAGR of 11.4% between 2024 and 2030. The commercial energy as a service market is dominated by major players with a wide regional presence. Some key players in the market include Johnson Controls (Ireland), ENGIE (Paris), Veolia (France), Schneider Electric (France), Ameresco (US), Siemens (Germany), Centrica plc (UK), rsted A/S (Denmark), and Enel X S.r.l. (Italy).
The low-voltage circuit breaker market is projected to grow from USD 16.38 billion in 2025 to USD 21.02 billion by 2030, at a compound annual growth rate (CAGR) of 6.3% during the forecast period. The key players include Eaton (Ireland), Schneider Electric (France), Siemens (Germany), ABB (Switzerland), and Mitsubishi Electric Corporation (Japan).
The US hydrogen generation market is projected to reach USD 33.27 billion by 2030 from USD 21.74 billion in 2024; it is expected to grow at a CAGR of 7.2% from 2025 to 2030. The key players include Linde plc (Ireland), Air Liquide (France), Air Products and Chemicals, Inc. (US), Chevron Corporation (US), Exxon Mobil Corporation (US), Iberdrola, S.A. (Spain), and BP p.l.c. (UK), among others.
The Europe Portable generator market is projected to grow at a CAGR of 6.3% from an estimated USD 0.53 billion in 2025 to USD 0.77 billion in 2030. The key players include include Generac (US), Caterpillar Inc. (US), and Cummins (US).
The Middle East & Africa Power Rental Market is projected to reach USD 2.82 billion by 2030 from an estimated USD 2.17 billion in 2025, at a CAGR of 5.4% during the forecast period (2025–2030). The Key Players Aggreko plc (UK), APR Energy (USA), Caterpillar Inc. (USA), Cummins Inc. (US), Atlas Copco AB (Sweden), and Rental Solutions & Services (RSS) (UAE).
The data center circuit breaker market is projected to grow from USD 0.49 billion in 2025 to USD 1.02 billion by 2030, at a CAGR of 15.8% during the forecast period. The key players include Eaton (Ireland), ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Mitsubishi Electric (Japan), Emerson Electric (US), Rockwell Automation (US), and GE Vernova (US).
The gas circuit breaker market is projected to grow from USD 4.30 billion in 2025 to USD 5.74 billion by 2030, at a CAGR of 5.9% during the forecast period. Key players operating in the gas circuit breaker market include ABB (Switzerland), Eaton (Ireland), Siemens (Germany), Schneider Electric (France), Mitsubishi Electric Corporation (Japan), General Electric (US), Alstom (France), Toshiba (Japan), Hitachi (Japan), Larsen & Toubro (India), Powell Industries (US), Fuji Electric (Japan), CG Power (India), Efacec (Portugal), and Hyosung Heavy Industries (South Korea). These players adopt strategies, such as partnerships, business expansions, and product launches, to reinforce their presence in the global market.
The merchant hydrogen generation market is projected to reach USD 36.46 billion by 2030, at a CAGR of 8.0% from 2025 to 2030. The key players include Linde PLC (Ireland), Air Products and Chemicals, Inc. (US), Chevron Corporation (US), Exxon Mobil Corporation (US), Air Liquide (France), Plug Power Inc. (US), Petroliam Nasional Berhad (PETRONAS) (Indonesia), among others.
The North America centrifugal pumps market is projected to reach USD 12.21 billion by 2030 from an estimated USD 8.93 billion in 2025, at a CAGR of 6.5% during the forecast period. The key players include Xylem (US), Grundfos Holding A/S (Denmark), Flowserve Corporation (US), KSB SE & Co. KGaA (Germany), and Wilo SE (Germany).
The North America energy as a service market is expected to grow from USD 23.47 billion in 2025 to USD 37.94 billion by 2030, at a compound annual growth rate (CAGR) of 10.1% during the forecast period. The Key Players Johnson Controls (Ireland), Veolia (France), Schneider Electric (France), Ameresco (US), Siemens (Germany), EDF Energy (US), Edison International (US), GE Vernova (US), Honeywell International Inc. (US), Centrica plc (UK), Alpiq Holding AG (Switzerland), and Duke Energy Corporation (US).
The North America Variable Frequency Drive market is projected to reach USD 6.01 billion by 2030 from an estimated USD 4.95 billion in 2025, at a CAGR of 4.0% during the forecast period (2025–2030).
The US shore power market is projected to be valued at USD 0.53 billion in 2025 and USD 0.96 billion by 2030, at a CAGR of 12.6% between 2025 and 2030.The Key Players General Electric Company (US), Siemens (Germany), Schneider Electric (France), ABB (Switzerland), Cavotec SA (Switzerland), Eaton (Ireland), and Wartsila (Finland).
The market size for US circuit breakers is estimated to reach USD 5.78 billion by 2030 from USD 4.34 billion in 2025, at a CAGR of 5.9% from 2025 to 2030. The key players in the US circuit breaker market include Schneider Electric (France), ABB (Switzerland), Siemens AG (Germany), Eaton Corporation (Ireland), Mitsubishi Electric (Japan), and General Electric (US).
The US centrifugal pump market is projected to reach USD 9.85 billion by 2030 from an estimated USD 7.16 billion in 2025, at a CAGR of 6.6% during the forecast period. Leading manufacturers such as Xylem Inc., Flowserve Corp., ITT Corp., Grundfos, and KSB SE & Co. KGaA have an expansive presence throughout the US, including significant operations for manufacturing, distribution, and after-sales services.
The nitrogen cryogenic equipment market is projected to grow from USD 4.14 billion in 2025 to USD 6.20 billion by 2030, at a CAGR of 8.4% during the forecast period. The Key Players Linde plc (Ireland), Chart Industries (US), Parker Hannifin Corporation (US), Air Products and Chemicals, Inc. (US), and INOX India Limited (India).
The Europe circuit breaker market is projected to reach USD 7.16 billion by 2030 from USD 5.53 billion in 2025, at a CAGR of 5.3% from 2025 to 2030. The key players in the Europe circuit breaker market include Eaton (Ireland), Schneider Electric (France), Siemens (Germany), ABB (Switzerland), and Mitsubishi Electric Corporation (Japan).
The Asia Pacific hydrogen storage tanks and transportation market is projected to reach USD 3.17 billion by 2030 from USD 0.40 billion in 2025, at a CAGR of 51.1%. The key players operating across Asia Pacific; for example, Hexagon Purus (Norway), Worthington Enterprises (US), Plastic Omnium (France), Tenaris (US), and Luxfer Holdings PLC (UK), among others.
The Europe hydrogen generation market is projected to reach USD 42.38 billion by 2030, growing at a CAGR of 8.1% from 2025. The European hydrogen generation market is dominated by major players with a wide regional presence. Some key players in this market are Linde PLC (Ireland), Air Liquide (France), Air Products and Chemicals, Inc. (US), ENGIE (France), Ørsted A/S (Denmark), Iberdrola S.A. (Spain), and BP p.l.c. (UK), among others.
The Europe indoor air and gas ring main unit market is projected to reach USD 0.30 billion by 2031, up from an estimated USD 0.23 billion in 2026, at a 5.7% CAGR from 2026 to 2031. Key players in the Europe indoor air and gas ring main unit market include ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Eaton (Ireland), Ormazabal (Spain), Lucy Electric Ltd. (UK), LS ELECTRIC Co., Ltd. (South Korea), Switchgear Company SGC (Belgium), SEL S.p.A. (Italy), NATUS GmbH & Co. KG (Germany), KONCAR (Croatia), Bonomi Eugenio S.p.A. (Italy), CG Power & Industrial Solutions Ltd. (India), Europower Enerji ve Otomasyon Teknolojileri (Turkey), and LND Energy GmbH (Germany).
The Asia Pacific shore power market is projected to be valued at USD 0.80 billion in 2025 and USD 1.56 billion by 2030, registering a CAGR of 14.2% between 2025 and 2030. The Key Players ABB (Switzerland), Siemens (Germany), Schneider Electric (France), GE (US), Cavotec SA (Switzerland), Eaton (Ireland), Wartsila (Finland), and Hitachi Energy Ltd. (Switzerland).
The Asia Pacific centrifugal pump market is estimated to reach USD 26.17 billion by 2030, growing from USD 18.86 billion in 2025, with a CAGR of 6.8% during the forecast period (2025-2030). Some of the major players in the Asia Pacific centrifugal pump market are Xylem (US), Grundfos Holding A/S (Denmark), Flowserve Corporation (US), KSB SE & Co. KGaA (Germany), Wilo SE (Germany).
The North America circuit breaker industry is projected to grow from USD 5.28 billion in 2025 to USD 6.94 billion by 2030, at a compound annual growth rate (CAGR) of 5.6% during the forecast period. The key players include ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Schneider Electric (France), Mitsubishi Electric Corp. (Japan), Toshiba (Japan), Powell Industries (USA), CG Power and Industrial Solutions (India), Fuji Electric (Japan), BRUSH Group (UK), and Tavrida Electric (Russia).
The North America hydrogen generation market is projected to reach USD 45.34 billion by 2030, growing at a CAGR of 7.0% from 2025. The key players include Linde PLC (Ireland), Air Products and Chemicals, Inc. (US), Chevron Corporation (US), Exxon Mobil Corporation (US), Air Liquide (France), Plug Power Inc. (US), and Petroliam Nasional Berhad (PETRONAS) (Indonesia), among others.
The Europe hydrogen storage tanks & transportation market is projected to reach USD 379.4 million by 2030 from USD 34.9 million in 2025, at a CAGR of 61.2% from 2025 to 2030. The key players include Hexagon Purus (Norway), Plastic Omnium (France), Luxfer Holdings PLC (UK), NPROXX (Germany), and Tenaris (US).
The North America power rental market is projected to be valued at USD 3.63 billion in 2025 and USD 4.69 billion by 2030, exhibiting a CAGR of 5.3% during the forecast period. The Key Players United Rentals, Inc. (US), Aggreko (UK), Herc Rentals Inc. (US), Generac Power Systems, Inc. (US), and Caterpillar (US).
The captive hydrogen generation market is projected to reach USD 189.91 billion by 2030 from USD 123.39 billion in 2024, at a CAGR of 7.4%. The key players include Chevron Corporation (US), and Exxon Mobil Corporation (US), Shell plc (UK), BP p.l.c. (UK), and ENGIE (France), Iwatani Corporation (Japan), TotalEnergies (France), Saudi Arabian Oil Co. (Saudi Arabia), and Reliance Industries Limited (India), among others.