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 global marine engines market size is projected to reach USD 15.2 billion by 2029, exhibiting a Compound Annual Growth Rate (CAGR) of 3.0% during the forecast period. Key players in the global marine engines market include Caterpillar (US), Wärtsilä (Finland), Man Energy Solutions (Germany), Rolls-Royce Plc (UK), AB Volvo Penta (Sweden), HDHyundai Heavy Industries Co., Ltd. (South Korea), Mitsubishi Heavy Industries, Ltd. (Japan), Cummins Inc. (US), Daihatsu Diesel Mfg. Co., Ltd. (Japan), and Deutz AG (Germany).
The Americas Cables market size is projected to reach USD 10.9 billion by 2029 from an estimated USD 8.7 billion in 2024, at a CAGR of 4.5% during the forecast period. Some of the major players in the Americas Cables market are Prysmian Group (Italy), Southwire Company, LLC (US), Nexans (France), LS Cable & System Ltd (South Korea) and NKT a/s (Denmark). The major strategies adopted by these players include sales contracts and agreements.
The global recloser market size is projected to reach USD 1.5 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 5.0% during the forecast period. Schneider Electric (France), Eaton (Ireland), Siemens (Germany), NOJA Power Switchgear Pty Ltd (Australia), ABB (Switzerland), General Electric (US), Hubbell (US), S&C Electric company (US), Tavrida Electric (US), ENTEC Electric & Electronic (South Korea), G&W Electric (US), and Arteche Group (Spain)
The global hydrogen fuel cell vehicle demand is projected to grow from 20 thousand units in 2022 to 1,280 thousand units by 2035, at a CAGR of 37.6%. Established firms such as Linde plc (Ireland), Air Products and Chemicals, Inc. (US), Air Liquide (France), Chevron Corporation (US), Saudi Arabian Oil Co. (Saudi Arabia), and Uniper SE (Germany) dominate the hydrogen upstream and midstream space.
The gas engine market size is projected to reach USD 6.3 billion by 2029, a compound annual growth rate (CAGR) of 4.5% during the forecast period. to . Key players in the global gas engine market include Caterpillar (US), Rolls-royce Holdings (UK), Siemens Energy (Germany), Wartsila (Finland), and Cummins (US).
The global digital oilfield market size is projected to reach USD 43.0 billion by 2029; it is expected to record a CAGR of 6.3% during the forecast period. Some of the major players in the digital oilfield market are SLB (US), Weatherford (US), Baker Hughes Company(US), Halliburton (US), NOV Inc. (US). The major strategies adopted by these players include new product launches, contracts, agreements, partnerships, and expansions.
The global industrial filtration market size is projected to reach USD 47.1 billion by 2029, at a CAGR of 4.9% during the forecast period. Some of the major players in the industrial filtration market are Eaton (US), Danaher (US), Parker - Hannifin (US), 3M (US), Cummins (US). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The global heat pump market is projected to reach USD 157.8 billion by 2029, at a CAGR of 11.8% during the forecast period. Some of the major players in the heat pump market are SAMSUNG (South Korea), DENSO CORPORATION (Japan), Midea (China), Panasonic Holdings Corporation (Japan), and Mitsubishi Electric Corporation (Japan). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global e-fuel demand size is projected to reach USD 44.0 billion by 2035, at a CAGR of 22.1 % during the forecast period. Saudi Arabian Oil Co. (Saudi Arabia), Audi AG (Germany), Siemens Energy (Germany), Sunfire Gmbh (Germany), Mitsubishi Corporation (Japan), Repsol (Spain), and Norsk E-Fuel (Norway) are among the leading peers in the e-fuels business.
The global power rental market size is projected to reach USD 14.2 billion by 2029, at a CAGR of 5.6% during the forecast period. Some of the major players in the power rental market include companies such as Aggerko (UK), Ashtead Group plc (UK), United Rentals, Inc. (US), Caterpillar (US), Cummins Inc (US). The major strategies adopted by these players include sales contract, product launches, investments, collaborations, partnerships, and expansions.
The Recycling water filtration market size is projected to reach USD 3.8 billion by 2028, at a CAGR of 7.5% during the forecast period. Some of the major players in the recycling water filtration market are Veolia (France), TORAY INDUSTRIES, INC. (Japan), Xylem (US), DuPont (US), and KUBOTA Corporation (Japan). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The global nuclear power plant control system market is projected to reach USD 825 million by 2028, at a CAGR of 5.3% during the forecast period. Some of the major players in the nuclear power plant control system market are Siemens (Germany), ABB (Switzerland), General Electric (US), Fortum (Finland), and Framatome (France). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The instrument transformers market size is projected to reach USD 10.6 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period. Key players in the global instrument transformers market include ABB (Switzerland), General Electric (US), Siemens (Germany), Schneider Electric (France), and Mitsubishi Electric (Japan).
The Inverter market size is projected to reach USD 39.6 billion by 2028, at a CAGR of 16.0% during the forecast period. Some of the major players in the Inverter market are Huawei Technologies Co., Ltd. (China), SUNGROW (China), SMA Solar Technology AG (Germany), Power Electronics S.L. (Spain), and Fimer Group (Italy).The major strategies adopted by these players include sales contracts and agreements.
The global direct air capture market is projected to reach USD 1,727 million by 2030; it is expected to record a CAGR of 60.9% during the forecast period. Some of the major players in the direct air capture market are Climeworks (Switzerland), Carbon Engineering ULC. (Canada), Global thermostat (US), Heirloom Carbon Technologies (US), Skytree (Netherlands). The major strategies adopted by these players include new product launches, contracts, agreements, partnerships, and expansions.
The global hydrogen compressors market is projected to reach USD 2.6 billion by 2028; it is expected to record a CAGR of 4.5% during the forecast period. Some of the major players in the hydrogen compressors market are Atlas Copco AB (Sweden), Linde plc (Ireland), Siemens Energy (Germany), Air Products and Chemicals, Inc. (US), and Ingersoll Rand (US). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The power SCADA market is projected to reach USD 2.9 billion by 2028, a notable compound annual growth rate (CAGR) of 7.1% during the forecast period. Key players in the global power SCADA market include ABB (Switzerland), Rockwell Automation (US), Siemens (Germany), Schneider Electric (France), and Emerson (US).
The global virtual power plant (VPP) market is projected to reach USD 5.5 billion by 2029, at a CAGR of 23.4% during the forecast period. Some of the major players in the virtual power plant market are Siemens (Germany), Schneider Electric (France), General Electric (US), Shell (UK), Tesla (US). The major strategies adopted by these players include sales contract, product launches, investments, collaborations, partnerships, and expansions.
The oil immersed power transformer market is projected to reach USD 28.3 billion by 2028, at a compound annual growth rate (CAGR) of 6.0% over the course of the forecast period. Key players in the global oil immersed power transformer market include ABB (Switzerland), General Electric (US), Siemens (Germany), Schneider Electric (France), and Eaton (Ireland).
The global heat pump water heater market is projected to reach USD 10.2 billion by 2028; it is expected to record a CAGR of 14.4% during the forecast period. Some of the major players in the heat pump water heater market are Panasonic Corporation (Japan), LG Electronics (South Korea), Johnson Controls–Hitachi Air Conditioning (Japan), Mitsubishi Electric Corporation (Japan), Trane Technologies plc (Ireland). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global Solar encapsulation market is projected to reach USD 7.2 billion by 2028; it is expected to record a CAGR of 8.0% during the forecast period. Some of the major players in the solar encapsulation market are Mitsui Chemicals, Inc. (Japan), Elkem ASA (Norway), Dow (US), 3M (US), and DuPont (US). The major strategies these players adopt include new product launches, contracts, agreements, partnerships, and investments & expansions.
The laminated busbar market is projected to reach USD 1,296 million by 2030, reflecting a compound annual growth rate (CAGR) of 6.0% throughout the forecast period. Key players in the global laminated busbar market include Amphenol Corporation (US), Methode Electronics, Inc. (US), Mersen Group (France), Rogers Corporation (US), Zhuzhou CRRC Times Electric Co., Ltd. (China), and Sun.King Technology Group Limited (China).
The global brushless DC motor market is projected to reach USD 17.6 billion by 2028, at a CAGR of 7.9% during the forecast period. Some of the major players in the Brushless DC Motor market are Ametek Inc. (US), Allied Motion, Inc. (US), NIDEC Corporation (Japan), MinebeaMitsumi Inc. (Japan), and Johnson Electric Holdings Limited (China). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The global electrolyzers market is projected to reach USD 57.2 billion by 2030; it is expected to record a CAGR of 97.7% during the forecast period. Some of the major players in the electrolyzers market are thyssenkrupp nucera (Germany) , John Cockerill (Belgium), Nel ASA (Norway), Plug Power Inc. (US), and Siemens Energy (Germany). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global Fuel Cell market is projected to reach USD 8.7 billion by 2028; it is expected to record a CAGR of 21.7% during the forecast period. Some of the major players in the fuel cell market are Bloom Energy (US), AISIN CORPORATION (Japan), KYOCERA Corporation (Japan) and Cummins Inc. (US). The major strategies these players adopt include new product launches, contracts, agreements, partnerships, and investments & expansions.
The global switchgear monitoring system market is projected to reach USD 2.7 billion by 2028; it is expected to record a CAGR of 8.4% during the forecast period. Some of the major players in the Switchgear Monitoring System market are ABB (Switzerland), Siemens Energy (Germany), Schneider Electric (France), General Electric (US), and Eaton (Ireland). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The Shredder Blades market is projected to reach USD 557 million by 2028, at a CAGR of 5.3% during the forecast period. Eurotools Ltd. (Slovenia), Augus Engineering Ltd. (UK), and Mastercut Cutting Systems Ltd. (UK) are some of the companies that manufacture shredder blades.
The global blower market is projected to reach USD 4.6 billion by 2028, at a CAGR of 4.8% during the forecast period. Some of the major players in the blower market are Atlas Copco (Sweden), Ingersoll Rand (US), Kaeser Kompressoren (Germany), Aerzen (Germany), and Xylem (US). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The Transformer Monitoring market is projected to reach USD 3.7 billion by 2028, at a CAGR of 9.1% during the forecast period. Some of the major players in the transformer monitoring market are GE (US), ABB (Switzerland), Siemens Energy AG (Germany), Schneider Electric (France), and Eaton (Ireland). The major strategies adopted by these players include sales contracts and agreements.
The motor monitoring market is projected to reach USD 3.5 billion by 2028, at a CAGR of 8.7% during the forecast period. Some of the major players in the motor monitoring market are Dynarpar (US), KCF Technologies (US), Pheonix Contact (Germany), Allied Reliability (US), and KONCAR (Croatia). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The global oil and gas pumps market is projected to reach USD 10.9 billion by 2028; it is expected to record a CAGR of 4.7% during the forecast period. Some of the major players in the oil and gas pumps market are including Atlas Copco AB (Sweden); Flowserve Corporation (US); Sulzer Ltd (Switzerland); KSB SE & Co. KGaA (Germany); Nikkiso Co., Ltd. (Japan). The major strategies adopted by these players include contracts, agreements, partnership, collaborations, and expansions.
The switchgear market is projected reach to USD 119.9 billion by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. Key players in the global switchgear market include ABB (Switzerland), General Electric (US), Siemens (Germany), Schneider Electric (France), and Eaton (Ireland).
The biomethane market is anticipated to witness substantial growth, projected to reach USD 60.2 billion by 2030, reflecting a compound annual growth rate (CAGR) of 28.7% throughout the forecast period. Key players in the global biomethane market include Air Liquide (France), Gasum Ltd. (Finland), Archae Energy (Texas), and OPAL Fuels (US).
The global e-fuels market is projected to reach USD 49.4 billion by 2030; it is expected to record a CAGR of 34.5% during the forecast period. Some of the major players in the e-fuels market are including Saudi Arabian Oil Co. (Saudi Arabia); Audi AG (Germany); Siemens Energy (Gemany); Chart Industries (US); Sunfire Gmbh (Germany); Mitsubishi Corporation (Japan); Repsol (Spain); and Norsk E-Fuel (Norway). The major strategies adopted by these players include contracts, agreements, partnership, collaborations, and expansions.
The global top 10 high and medium voltage products market is projected to reach USD 349.7 billion by 2028; it is expected to record a CAGR of 5.8% during the forecast period. Some of the major players in the top 10 high & medium voltage products market are Siemens (Germany), ABB (Switzerland), Hitachi (Switzerland), Schneider Electric (France), and Prysmian S.p.A. (Italy). The major strategies adopted by these players include sales contract, product launches, investments, collaborations, partnerships, and expansions.
The global hydrogen generation market is projected to reach USD 257.9 billion by 2028; it is expected to record a CAGR of 10.2% during the forecast period. Some of the major players in the hydrogen generation market are Air Liquide (France), Linde plc (Ireland), Air Products and Chemicals, Inc. (US), Shell plc (UK), and Saudi Arabian Oil Co. (Saudi Arabia). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global cryogenic equipment market is projected to reach USD 16.6 billion by 2028, it is expected to record a CAGR of 6.9% during the forecast period. Some of the major players in the cryogenic equipment market are including Linde plc (Ireland); Air Liquide (France); Air Products and Chemicals, Inc. (US); Chart Industries (US); Parker Hannifin Corp. (US); Flowserve Corporation (US); Nikkiso Co., Ltd. (Japan); and INOX India Limited (India). The major strategies adopted by these players include contracts, agreements, partnership, collaborations, and expansions.
The global air circuit breaker market size is projected to reach USD 4.1 billion by 2028, with a projected Compound Annual Growth Rate (CAGR) of 5.0% during the forecast period. ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Mitsubishi Electric (Japan), and Eaton (Ireland) stand out as major contributors to the industry. These companies have established themselves as leaders in the field and are known for their cutting-edge technologies and comprehensive product portfolios. In addition to these industry giants, there are several other notable players that play significant roles in the global air circuit breaker market. These include CG Power and Industrial Solutions (India), LS ELECTRIC (South Korea), Fuji Electric (Japan), Havells (India), Hitachi (Japan), C&S Electric (France), Toshiba Corporation (Japan), Entec Electric & Electronics (India), and various others.
The global Solid oxide fuel cell market is projected to reach USD 5.4 billion by 2028; it is expected to record a CAGR of 31.0% during the forecast period. Some of the major players in the solid oxide fuel cell market are Bloom Energy (US), AISIN CORPORATION (Japan), KYOCERA Corporation (Japan), MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan), and MIURA CO., LTD. (Japan). The major strategies these players adopt include new product launches, contracts, agreements, partnerships, and investments & expansions.
The Marine VFD market is projected to reach USD 1.6 billion by 2030, at a CAGR of 5.0% during the forecast period. The Marine VFD market is dominated by a few major players that have a wide regional presence. The major players in the Marine VFD market are Siemens (Germany), ABB (Switzerland), Danfoss (Denmark), General Electric (US), and Rockwell Automation (US). Between 2019 and 2023, Strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions are followed by these companies to capture a larger share of the Marine VFD market.
The global hydrogen energy storage market is projected to reach USD 196.8 billion by 2028; it is expected to record a CAGR of 76.8% during the forecast period. Some of the major players in the hydrogen energy storage market are Linde plc (Ireland), Plug Power Inc. (US), ENGIE (France), Iwatani Corporation (Japan), and FuelCell Energy, Inc. (US). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, and expansions.
The submarine power cable market is projected to reach USD 22.3 billion by 2028, at a CAGR of 11.5% during the forecast period. Some of the major players in the Submarine power cable market are Prysmian S.p.A (Itlay), Sumitomo Electric Industries Ltd. (Japan), LS cable & system Ltd. (South Korea), NKT A/S (Denmark), and Nexans (France). The major strategies adopted by these players include sales contract, product launches, investments, collaborations, partnerships, and expansions.
The global biofuel market is projected to reach USD 225.9 billion by 2028; it is expected to record a CAGR of 6.2% during the forecast period. Some of the major players in the biofuel market are ADM (US), Chevron (US), Valero (US), Neste (Finland), and Cargill, Incorporated (US). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global dry type transformer market is projected to reach USD 9.2 billion by 2028; it is expected to record a CAGR of 6.8% during the forecast period. Some of the major players in the dry type transformer market are Schneider Electric (France), Siemens Energy (Germany), Hitachi, Ltd. (Japan), Eaton (Ireland), TOSHIBA CORPORATION (Japan). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, and expansions.
The global Blue ammonia market is projected to reach USD 7,664 million by 2030; it is expected to record a CAGR of 62.3% during the forecast period. Some of the major players in the blue ammonia market are Yara International ASA (Norway), Saudi Arabian Oil Company Saudi Aramco (Saudi Arabia), MA'ADEN Ma'aden (Saudi Arabia), CF Industries Holdings, Inc. CF Industries (US), Qatar Fertiliser Company (QAFCO) Qatar Fertiliser Company (Qatar), Shell plc (United Kingdom), Air Products and Chemicals, Inc. Air Products and Chemicals (US), and OCI (Netherlands). The major strategies these players adopt include mergers & acquisitions, contracts, agreements, partnerships, and investments & expansions.
The market for vacuum contactor is projected reach of USD 5.5 billion by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period. ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Schneider Electric (France), GE (US), and Mitsubishi Electric (Japan) are a few of the major players. The market's top players are using a variety of tactics to gain market share for vacuum contactor.
The global artificial lift market is projected to reach USD 9.0 billion by 2028; it is expected to record a CAGR of 4.4% during the forecast period. Some of the major players in the artificial lift market are SLB (US), Baker Hughes Company (US), Halliburton (US), Weatherford (US), and ChampionX (US). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, collaborations, and expansions.
The grid-forming inverter market is projected to reach USD 1,042 billion by 2028, at a CAGR of 8.9% during the forecast period. Major players operating in the grid-forming Inverter market include Huawei Technologies Co. Ltd. (China), General Electric (US), SMA Solar Technology (Germany), Games Electric (Spain) and FIMER Group (Italy).
The hybrid power solutions market is projected to reach USD 4.0 billion by 2028, at a CAGR of 10.4% during the forecast period. Some of the major players in the hybrid power solutions market are General Electric (US), Vertiv Group Corp. (US), Vestas (Denmark), Wärtsilä (Finland), and SMA Solar Technology AG (Germany). The major strategies adopted by these players include sales contract, product launches, investments, collaborations, partnerships, and expansions.
The global Hydrogen market size is projected to reach USD 410.6 billion by 2030; it is expected to record a CAGR of 7.8% during the forecast period. Some of the major players in the hydrogen market are Linde plc (Ireland), Air products and Chemicals, Inc. (US), Air Liquide (France), Worthington Industries (US), Cryolor (France), Hexagon Purus (Norway), and NPROXX (Netherlands). The major strategies these players adopt include merger & acquisitions, contracts, agreements, partnerships, and investments & expansions.