Global investments in renewable power and clean energy continue to grow all over the world with continued upgrade in energy policies. Decreasing costs, continued research in technology improvements, and influence of new financin ....see more
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 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 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 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 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.
The market for residential energy storage is expected projected reach of USD 2,081 million by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 18.3% during the forecast period. The major players in the global residential energy storage market are Tesla (US), Panasonic Holdings Corporation (Japan), Sonnen GmbH (Germany), VARTA AG (Germany) and Enphase Energy (US).
The global Lithium iron phosphate batteries market is projected to reach USD 35.5 Billion by 2028; it is expected to record a CAGR of 14.9% during the forecast period. The lithium iron phosphate batteries market is dominated by a few major players that have a wide regional presence. The major players in the lithium iron phosphate batteries market include BYD Company Ltd. (China), Contemporary Amperex Technology Co., Limited. (China), Gotion, Inc. (US), CALB (China), and A123 Systems LLC (US). Between 2018 and 2022, Strategies such as contracts, agreements, partnership, product launches, and expansions are followed by these companies to capture a larger share of the lithium iron phosphate batteries market.
The Energy Management Systems market is projected to reach USD 75.6 billion by 2028, at a CAGR of 13.2 % during the forecast period. The Energy Management Systems Market is dominated by a few major players that have a wide regional presence. The major players in the Energy Management Systems Market are ABB (Switzerland), Siemens (Germany), Schneider Electric (France), General Electric (US), and Emerson (US). Between 2019 and 2022, 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 Energy Management Systems Market.
The small modular reactor market is projected to reach USD 6.8 billion by 2030, at a CAGR of 2.3% during the forecast period. The overall key players are Westinghouse Electric Company LLC (US), NuScale Power, LLC. (US), Terrestrial Energy Inc. (Canada), Moltex Energy (Canada), GE Hitachi Nuclear Energy (US), X Energy, LLC. (US), X Energy, LLC. (US), General Atomics (US), ARC Clean Energy, Inc. (Canada), LeadCold Reactors (Sweden), Rolls-Royce (UK), Ultra Safe Nuclear (US), Toshiba Energy Systems & Solutions Corporation (Japan), Tokamak Energy Ltd. (UK), SNC-Lavalin Group (Canada), Afrikantov OKB Mechanical Engineering (Russia), China National Nuclear Corporation (China), Framatome (France), U-BATTERY (UK), and Seaborg Technologies (Denmark).
The global fuel cell generator market is projected to reach USD 2.1 billion by 2030, at a CAGR of 25.4% during the forecast period. The fuel cell generator market is dominated by a few major players that have a wide regional presence. The major players in the fuel cell generator market include Bloom Energy (US), Doosan Fuel Cell Co., Ltd. (South Korea), Ballard Power Systems (Canada), ABB (Switzerland), and Loop Energy Inc. (Canada). Between 2018 and 2022, Strategies such as contracts, agreements, partnership, merger, acquisitions, and expansions are followed by these companies to capture a larger share of the fuel cell generator market.
The pad–mounted switchgear market size is projected to reach USD 7.1 billion by 2028, at a CAGR of 5.1 % during the forecast period. The overall key players are Eaton (Ireland), Hubbell (US), ABB (Switzerland), G&W Electric (US), S&C Electric (US), Powell (US), Federal Pacific (US), Entec Electric & Electronic (South Korea), NOJA Power (Australia), TIEPCO (Saudi Arabia), Ghorit Electricals (China), Ningbo Tianan Group (China), Trayer Switchgear (US), KDM Steel (China), Switchgear Power Systems (US), Park Detroit and Park Electric (US), Beijing Kylin Power & Technology (China), Telawne Power Equipments Pvt. Ltd. (India), Ormazabal (Brazil), and Actom (Boksburg).
The global carbon offset/carbon credit market size is projected to reach USD 1,602.7 billion by 2028; it is expected to record a CAGR of 31.0% during the forecast period. Some of the major players in the carbon offset/carbon credit market are South Pole Group (Switzerland), 3Degrees (US), Finite Carbon (US), EKI Energy Services Ltd. (India), and NativeEnergy (US) to boost their position in the carbon offset market. Companies operating in this market also focus on product launches, agreements, and contracts to increase their market shares and expand their geographic presence.
The global Hydrogen fueling station market size is projected to reach USD 1,129 million by 2030; it is expected to record a CAGR of 16.8% during the forecast period. Some of the major players in the hydrogen fueling station market are Air Liquide (France), Air Products and Chemicals, Inc. (US), Linde plc (Ireland), Nel ASA (Norway), and McPhy Energy S.A. (France). The major strategies adopted by these players include acquisitions, contracts, product launches, agreements, joint ventures, partnerships, investments and expansions.
The global Biomass power generation market size is projected to reach USD 105.7 Billion by 2028; it is expected to record a CAGR of 3.0% during the forecast period. The biomass power generation market is dominated by a few major players that have a wide regional presence. The major players in the biomass power generation market ENGIE (France), Babcock & Wilcox Enterprises, inc. (US), Xcel Energy Inc. (US), EPH (Czechia) and Ørsted A/S (Denmark). Between 2018 and 2022, 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 biomass power generation market.
The global carbon footprint management market is projected to reach USD 30.8 billion by 2028, at a CAGR of 22.2% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players, such as Schneider Electric (France), SAP (Germany), IBM (US), Salesforce (US) and ENGIE (France) along with other prominent vendors of carbon footprint management.
The global electrolyzers market is projected to reach USD 23.6 billion by 2028, growing at a CAGR of 80.3% during the forecast period. The Electrolyzers market is dominated by a few major players that have a wide regional presence. The leading players in the electrolyzers market are Siemens Energy (Germany), Nel ASA (Norway), Plug Power Inc. (US), Enapter S.r.l. (Italy), Cummins Inc. (US), and others.
The global green ammonia market is projected to reach USD 17.9 billion by 2030, growing at a CAGR of 72.9% during the forecast period. The Green ammonia market is dominated by a few major players that have a wide regional presence. The leading players in the green ammonia market are Siemens Energy (Germany), NEL ASA (Norway), ThyssenKrupp AG (Germany), ITM Power (UK), YARA International (Norway), and BASF SE (Germany) and others.
The relay market is projected to reach USD 14.7 billion by 2030, at a CAGR of 6.3% during the forecast period. Panasonic Corporation (Japan), Xiamen Hongfa Electroacoustic Co., Ltd. (China), TE connectivity (Switzerland), Fuji Electric (Japan), and OMRON Industrial Automation (Japan) are the key players in the global relay market.
The geothermal energy market is projected to reach USD 9.4 billion by 2027; it is expected to record a CAGR of 5.9% during the forecast period. The companies such as Ormat (US), Mitsubishi Heavy Industries (Japan), Baker Hughes Company (US), NIBE Group (Sweden), and SLB (US) are leading the geothermal energy market.
The global Nuclear power plant equipment market is projected to reach USD 18.6 billion by 2027, at a CAGR of 3.5% during the forecast period. The leading players in the Nuclear power plant equipment market such as General Electric (US), Mitsubishi Heavy Industries (Japan), Toshiba Energy System & Solutions Corporation (Japan), Doosan Corporation (South Korea). Westinghouse Electric Company (US), Shanghai Electric (China).
The global hydrogen storage tanks and transportation market size is projected to reach USD 4,155 million by 2030, growing at a CAGR of 48.6% during the forecast period. The Hydrogen storage tanks and transportation market is dominated by a few major players that have a wide regional presence. The leading players in the hydrogen storage tanks and transportation market are Worthington Industries, Inc. (US), Plastic Omnium (France), Hexagon Purus (Norway), Tenaris (US), NPROXX (Germany).
The biorefinery market is projected to reach USD 210.3 billion by 2027, at a CAGR of 8.2% during the forecast period. Valero (US), Renewable Energy Group (US), Neste (Finland), TotalEnergies (France), Renewable Energy Group, (US), Vivergo Fuel (England), Borregard AS (Norway), Wilmar International Ltd. (Singapore), Godavari Biorefineries Ltd. (India), Sekab (Sweden), Cargill, Incorporated, (US), Clariant (Switzerland), Abengoa (Spain), and Green Plains (US).
The global biomass gasification market is projected to reach USD 45 million by 2027, growing at a CAGR of 8.9% during the forecast period. The major players in the global biomass gasification market are Valmet (Finland), EQTEC (Ireland), thyssenkrupp AG (Germany), Mitsubishi Heavy Industries, Ltd. (Japan), Enerkem (Canada), and Ankur Scientific Technology (India).
The carbon credit trading platform market is projected to reach USD 317 million by 2027, at a CAGR of 24.4% during the forecast period. Intercontinental Exchange, Inc. (US), Nasdaq, Inc. (US), CME Group (US), AirCarbon Exchange (ACX) (Singapore), Xpansiv (US), and Carbon Trade Exchange (CTX) (UK) are the key players in the global carbon credit trading platform market.
The global blue hydrogen market is projected to reach USD 44.5 billion by 2030 and USD 18.2 billion by 2022, at a CAGR of 11.9% from 2022 to 2030. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the blue hydrogen market. These players include Shell Plc (UK), Linde plc (Ireland), ExxonMobil Corporation (US), Air Liquide (France), and Air Products Inc. (US).
The global scrubber system market is projected to reach USD 6.7 billion by 2027, at a CAGR of 6.1% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the scrubber system market. These include Alfa Laval (Sweden), Wartsila (Finland), GEA (Germany), Babcock & Wilcox (US), and Valmet (Finland). The leading players are trying to establish themselves in the markets of developed countries and are adopting various strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions to increase their respective market shares. Scrubber
The global wave energy converter market is size is projected to reach USD 28 million by 2030 growing at a CAGR of 4.3% during the forecast period. The major players in the global wave energy converter market are Ocean Power Technologies (US), Eco Wave Power (Israel), CorPower Ocean (Sweden), Wello Oy (Finland) and CalWave (US).
The global concentrating solar power market size is projected to reach USD 19.9 billion by 2027; it is projected to grow at a CAGR of 26.9% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the concentrating solar power market. These include Abengoa (Spain), BrightSource Energy (US), ACWA Power (Saudi Arabia), SolarReserve (US), and Aalborg CSP (Denmark). The leading players are trying to establish themselves in the markets of developed countries and are adopting various strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions to increase their respective market shares.
The global hydrogen generation market is projected to reach USD 263.5 billion by 2027, at a CAGR of 10.5% during the forecast period. The major players in the hydrogen generation market are Siemens Energy (Germany), Linde plc (Ireland), ENGIE (France), Air Liquide (France), and Air Products Inc. (US). Between 2018 and 2021, the companies adopted growth strategies such as contracts & agreements, investments & expansions, partnerships, collaborations, alliances & joint ventures to capture a larger share of the hydrogen generation market.
The global pool & spa market is expected to grow from USD 19.1 billion in 2022 to USD 23.6 billion by 2027, at a compound annual growth rate (CAGR) of 4.3% during the forecast period.The Key Players Harvia Group (Finland), Pentair (US), Fluidra (Spain), KLAFS GmbH & Co. KG (Germany), TyloHelo (Sweden)
The global fuel cell market is expected to grow from USD 2.9 billion in 2022 to USD 9.1 billion by 2027 at a compound annual growth rate (CAGR) of 26.0% during the forecast period. The key players Bloom Energy (US), Aisin Corporation (Japan), Doosan Fuel Cell Co., Ltd. (South Korea), KYOCERA Corporation (Japan), Plug Power Inc. (US), Ceres (UK), Ballard Power Systems (Canada), and Powercell Sweden AB (Sweden)
The artificial photosynthesis market is expected to grow from USD 62 Million in 2022 to USD 185 Million by 2030, at a CAGR of 14.6% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top manufacturers in the artificial photosynthesis market. These players include Panasonic Corporation (Japan), FUJITSU (Japan), and ENGIE (France).
The solid oxide fuel cell marke is expected to grow from USD 1.5 billion in 2022 to USD 6.5 billion by 2027, at a compound annual growth rate (CAGR) of 33.9 % during the forecast period.The Major Players Bloom Energy (US), Ceres(UK), Mitsubishi Power (Japan), Aisin Corporation (Japan), and Hitachi Zosen Corporation (Japan).
The global Combined Heat and Power (CHP) Market is expected to reach USD 35.2 billion by 2026, at a CAGR of 5.8% during the forecast period. The key players include GE (US), Siemens Energy (Germany), Veolia (France), Wärtsilä (Finland), and 2G Energy (Germany).
The global distributed energy resource management system market is expected to grow from USD 286 million in 2021 to USD 750 million by 2026, at a compound annual growth rate (CAGR) of 21.2% during the forecast period.Some of the key players are Siemens (Germany), Schneider Electric (France), General Electric (US), ABB (Switzerland), Emerson (US)
The Offshore Wind Market is expected to grow from USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. The key players include General Electric (US), Vestas (Denmark), Siemens Gamesa (Spain), Goldwind (China), Shanghai Electric Wind Power Equipment Co. (China). The leading players are adopting various strategies to increase their share in the offshore wind market.
The Waste Management Market is expected to grow from USD 423.4 billion in 2021 to USD 542.7 billion by 2026, at a CAGR of 5.1% during the forecast period. The key players in the waste management market include companies such as Waste Management (US), Veolia (France), Republic Services (US), SUEZ (France), and Waste Connections (US).
The environmental technology market is projected to reach USD 690.3 billion by 2026, at a CAGR of 4.6% during the forecasting period. The key market players in this market are AECOM (US), Lennox International (US), Teledyne Technologies Incorporated (US), Thermo Fisher Scientific Inc. (US), Abatement Technologies (US), Veolia (France), Waste Connections (US), Total SA (France), Covanta Holding Corporation (US), SUEZ (US), Biffa (England) and Hitachi Zosen Corporation (Japan), Carbon Clean (UK), Cypher Environmental (Canada), Svante Inc. (Canada), CarbonCure Technologies Inc. (Nova Scotia), Sunfire GmbH (Germany), BacTech Inc. (Canada), TRC Companies, Inc. (US), and Arcadis N.V. (Netherlands). These players have adopted expansions, joint ventures, mergers, acquisitions, agreements, collaborations, product launches, and partnerships as their growth strategies.
The Residential Energy Management Market is expected to grow from USD 2.2 billion in 2020 to USD 4.1 billion by 2025, at a CAGR of 12.9% during the forecast period. Some of the key players are ABB (Switzerland), Eaton (Ireland), Schneider Electric (France), Honeywell International (US), and Siemens (Germany).The leading players are adopting various strategies to increase their share in the residential energy management market. Partnership & collaboration, and new product launches have been a widely adopted strategy by the major players in the residential energy management market.
The Heat Pump Water Heater Market is expected to grow from USD 1.4 billion in 2020 to USD 2.1 billion by 2026, at a CAGR of 6.8% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the heat pump water heater such as Midea Group (China), RHEEM Manufacturing Company (US), Daikin (Japan), A.O. Smith Corporation (US), Bosch Industries (Germany), and Ingersoll Rand (US), etc. and other players such as Viessmann Group (Germany), NIBE Energy Systems (Sweden), Valliant Group (Germany), Daikin (Japan), Mitsubishi Electric (Japan), Glen Dimplex (Ireland), Stiebel Eltron (Germany), and more.
The global renewable drones market is expected to grow USD 148 million by 2025, at a CAGR of 27.1% during the forecasting period. Some of the key players are DJI Enterprise (China), Terra Drone (Japan), Aerodyne Measure (US), and DroneDeploy (US).The leading players are adopting various strategies to increase their share in the renewable drones market.
The global commercial water heaters market size is expected to grow a size of USD 7.7 billion by 2026, at a CAGR of 6.1% during the forecasting period, To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the comercial water heaters such as A.O. Smith Corporation (US), RHEEM Manufacturing Company (US), Rinnai Corporation (Japan), Solahart Industries (Australia), Carrier Global (US), Stiebel Eltron (Germany), etc. and other players such as Viessmann Group (Germany), NIBE Energy Systems (Sweden), Danfoss (Denmark), Valliant Group (Germany), American Water Heaters (US), Daikin (Japan), Mitsubishi Electric (Japan), Andrewes Water Heaters (Baxi Heating) (UK), and more.
The COVID-19 Impact on the Battery Energy Storage Market is expected to grow from USD 5.7 billion in 2020 to USD 7.3 billion by 2021, at a CAGR of 13.7% during the forecast period. The Asia Pacific region is projected to be the fastest growing market for battery energy storage during the forecast period. The market in Asia Pacific is expected to witness a moderate decline due to COVID-19 during the forecast period. The region is the largest market for battery energy storage systems and home to some of the fastest growing economies in the world. Asia Pacific also plans for electrification in remote areas, which are majorly off-grid in several countries. The governments of various countries are focusing on minimizing the adverse effects of the energy sector on the environment. Some of the major battery energy storage system manufacturers based in Asia Pacific are Samsung SDI, LG Chem, Hitachi, Panasonic, and NEC Corporation.
The renewable energy market is expected to grow from USD 184.3 billion in 2020 to USD 226.1 billion by 2021 at a compound annual growth rate (CAGR) of 22.7% during the forecast period.Key players in the global renewable energy market include Siemens Gamesa (Spain), Goldwind (China), General Electric (US), Orsted (Denmark), Canadian Solar (Canada), Jinko Solar (China), Vestas (Denmark), and SolarEdge (Israel). These players have broad industry coverage and high operational and financial strength.
The small hydropower market is expected to grow from USD 2.6 billion in 2019 to USD 3.0 billion by 2024, at a compound annual growth rate (CAGR) of 2.4% during the forecast period.To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the small hydropower market. These include Voith (Germany), ANDRITZ (Austria), GE Renewable Energy (France), Toshiba (Japan), Siemens(Germany), BHEL (India), Gilbert Gilkes & Gordon (UK), and Flovel (India). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their respective market share.
The power-to-gas market is expected to grow from USD 26 million in 2019 to USD 42 million by 2024, at a compound annual growth rate (CAGR) of 10.1% during the forecast period.To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players, such as Hydrogenics (Canada), ITM Power (UK), McPhy Energy (France), Siemens (Germany),MAN Energy Solutions (Germany), Nel Hydrogen (Norway), ThyssenKrupp (Germany), Electrochaea (Germany), Exytron (Germany), and GreenHydrogen (Denmark) along with other prominent providers of power-to-gas technology.
The global heat meters market is expected to grow from an estimated USD 849.1 million in 2018 to USD 1,218.9 million by 2023, at a CAGR of 7.50%. In 2017, the market in Asia Pacific is estimated to be the largest, followed by Europe. Factors such as requirement for accurate measurement of heat consumption, legislative mandates to install heat meters, and increased savings through heat conservation are driving the market for heat meters. The global heat meter market is dominated by a few major players that have a wide regional presence. The leading players in heat meters market are Siemens (Germany), Diehl (Germany), Danfoss (Denmark), Kamstrup (Denmark), and Wasion Group (China). New product development was the most commonly adopted strategy by the top players. This was followed by investments & expansions and contracts & agreements.
The global grid-scale battery market is expected to be valued at USD 1.37 Billion in 2018 and is likely to grow at a CAGR of 33.52% during the forecast period to reach USD 5.82 Billion by 2023. The growth of this market can be attributed to the increasing investments in renewable energy, reducing costs of grid-scale batteries owing to technological advancements and expanded deployment, and government subsidies and regulations for enhancing energy efficiency. For an in-depth understanding of the competitive landscape, profiles of some of the top players in the grid-scale battery market have been included in the report. The major market players include LG Chem (South Korea), Samsung (South Korea), Panasonic (Japan), Fluence (US), Tesla (US), and BYD Company (China).
The global solar backsheet market is projected to grow at a CAGR of 7.02%, from 2018 to 2023, to reach a market size of USD 2.40 Billion by 2023, from an estimated market size of USD 1.71 Billion in 2018. The global market growth is driven by increasing global solar PV installations as well as policy support from governments to enable the adoption of renewable technologies, coupled with the rising need to reduce carbon emissions. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the solar backsheet market including Cybrid (China), Jolywood (China), Coveme (Italy), Krempel (Germany), and Hangzhou First (China).
The global bioliquid heat and power generation market is estimated to be USD 1.67 Billion in 2017 and is projected to grow at a CAGR of 6.54%, from 2017 to 2022, to reach a market size of USD 2.29 Billion by 2022. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the bioliquid heat and power generation market. These include REG (US), Neste (Finland), Kraton (US), BTG (Netherlands), and Olleco (UK). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their market shares.