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 electrolyzers market is expected to grow from USD 2.08 billion in 2025 to USD 14.48 billion by 2031, at a compound annual growth rate (CAGR) of 38.2% during the forecast period. The Key Players thyssenkrupp nucera (Germany), Siemens Energy (Germany), John Cockerill, Nel (Norway), and Cummins Inc. (US).
The global lithium iron phosphate batteries market is projected to reach USD 160.30 billion by 2030 from an estimated USD 65.03 billion in 2024, at a CAGR of 14.2% during the forecast period. Some major players in the lithium iron phosphate batteries market are BYD Company Ltd. (China), Contemporary Amperex Technology Co., Limited (China), Gotion, Inc. (US), CALB (China), and A123 Systems LLC (US). The major strategies adopted by these players include product launches, contracts, agreements, and expansions.
The global hydrogen fueling stations market is estimated to be worth USD 1.01 billion in 2025 and is projected to reach USD 2.76 billion by 2035, expanding at a CAGR of 10.6%. The hydrogen fueling stations market is dominated by major players with a wide geographical presence. Some key players in the market are Air Liquide (France), Linde PLC (Ireland), Air Products and Chemicals, Inc. (US), Nel (Norway), MAXIMATOR Hydrogen GmbH (Germany), and HYDROGEN REFUELING SOLUTIONS SA (France).
The hydrogen generation market is projected to grow from USD 157.81 billion in 2025 to USD 226.37 billion by 2030 at a CAGR of 7.5% during the forecast period. Some major players in the hydrogen generation market are Linde plc (Ireland), Air Liquide (France), Saudi Arabian Oil Co. (Saudi Arabia), Air Products and Chemicals, Inc. (US), Shell plc (UK), ENGIE (France), Chevron Corporation (US), Řrsted A/S (Denmark), and Messer SE & Co. KGaA (Germany). Major strategies adopted by these players include acquisitions, sales contracts, collaboration, investments, agreements, partnerships, and expansions.
The e-fuels market is projected to grow from USD 24.49 billion in 2025 to USD 66.25 billion by 2030 at a CAGR of 22.0% during the forecast period. Some of the major players in the e-fuels market are Saudi Arabian Oil Co. (Saudi Arabia), AUDI AG (Germany), Repsol (Spain), Sunfire SE (Germany), Electrochaea GmbH (Germany), Uniper SE (Germany), Řrsted A/S (Denmark), Yara (Norway), Perstorp (Sweden), HIF Global (US), and INFINIUM (US). These players adopt major strategies, including acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The geothermal energy market is estimated to grow from USD 9.81 billion in 2024 to USD 13.56 billion by 2030, at a CAGR of 5.3% during the forecast period. Companies such as Ormat (US), Mitsubishi Heavy Industries, Ltd. (Japan), and SLB (US) are leading the geothermal energy market.
The solid oxide fuel cell market is projected to grow from USD 2.98 billion in 2025 to USD 11.61 billion by 2030, registering a robust CAGR of 31.2% during the forecast period. The solid oxide fuel cell market is dominated by major players with a wide regional presence. Some key players in the market are Bloom Energy (US), Mitsubishi Heavy Industries, Ltd. (Japan), AISIN Corporation (Japan), and Kyocera Corporation (Japan).
The fuel cell generator market is projected to grow from USD 0.63 billion in 2025 to USD 1.80 billion by 2030, at a CAGR of 23.3%. Some of the major players in the fuel cell generator market are Bloom Energy (US), PowerCell Sweden AB (Sweden), Nedstack Fuel Cell Technology (Netherlands), Ballard Power Systems (US), Plug Power Inc. (US), ABB (Switzerland), Siemens Energy (Germany), Cummins Inc. (US), AFC Energy (UK), Toshiba Energy Systems & Solutions Corporation (Japan), and Proton Motor Fuel Cell GmbH (Germany). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The global fuel cell market is projected to reach USD 18.16 billion by 2030 from USD 5.66 billion in 2025, registering a CAGR of 26.3%. The fuel cell market is dominated by major players with a wide regional presence. Some key players in the market are Bloom Energy (US), Plug Power Inc. (US), AISIN CORPORATION (Japan), Doosan Fuel Cell Co., Ltd. (South Korea), and SFC Energy AG (Germany).
The global wind turbine operations and maintenance (O&M) market is projected to reach USD 59.67 billion by 2030, registering a CAGR of 8.5% during the forecast period. The wind turbine operations and maintenance market is dominated by major players that have a wide regional presence. Some of the key players in the wind turbine operations and maintenance market are Siemens Gamesa Renewable Energy, S.A.U. (Spain), Vestas (Denmark), GE Vernova (US), Nordex SE (Germany), Suzlon Energy Limited (India), Envision Group (China), SANY Renewable Energy Co., Ltd. (China), and Goldwind (China).
The hydrogen automotive testing, inspection, and certification (TIC) market is projected to grow from USD 18.3 million in 2024 to USD 35.8 million by 2030 at a CAGR of 11.8% during the forecast period. Some of the major players in the hydrogen automotive Testing, Inspection, and Certification (TIC) market are TÜV SÜD (Germany), UL LLC (US), Applus+ (Spain), TÜV Rheinland (Germany), Kiwa (Netherlands), Intertek Group plc (UK), DEKRA IN (Germany), Société Générale de Surveillance (SGS) SA (Switzerland), Southwest Research Institute (SwRI) (US), and Apave (France). The major strategies these players adopt include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The solar tracker market is projected to reach USD 22.87 billion by 2029, at a CAGR of 17.3% during the forecast period. Some major players in the solar tracker market are Nextracker Inc. (US), Array Technologies Inc. (Mexico), PVHardware (Spain), Soltec (US), Trinasolar (China), ADES TEMPERO GROUP (Spain), Gamechange Solar (US), Aivatechnology (US), and ArcelorMittal (Luxembourg). The major strategies these players adopt include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The global renewable energy certificate (REC) market is projected to reach USD 45.45 billion in 2030; it is estimated to grow at a CAGR of 10.2% during the forecast period. Some of the major players in the renewable energy certificate (REC) market are 3Degrees, Inc. (US), Ecohz (Norway), Statkraft (Norway), Shell Energy (UK), EDF Trading Limited (UK), ENGIE (France), Enel Spa (Italy), STX Group (Netherlands). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The biorefinery market is projected to reach USD 314.62 billion by 2029, at a CAGR of 8.2% during the forecast period. Some of the major players in the biorefinery market are Chevron (US), ADM (US), Valero (US), Neste (Finland), and TotalEnergies (France) among others. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The worldwide green ammonia market is projected to reach USD 6.16 billion by 2030, expanding at a CAGR of 66.0% during the forecasting period. Some of the major players in the Green Ammonia market are Siemens Energy (Germany), ACME Group (India), Iberdrola, S.A. (Spain), ThyssenKrupp AG (Germany), Nel ASA (Norway), and Yara (Norway) among others. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The Energy as a service market is projected to reach USD 100.34 billion by 2030, at a CAGR of 11.6% during the forecast period. The energy as a service market is dominated by major players that have a wide regional presence. Some of the key players in the energy as a service market are 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) among others.
The global bifacial solar market size is projected to reach USD 37.6 billion by 2029; the market is estimated to expand at a CAGR of 15.2% during the forecast period. Some of the major players in the bifacial solar market are LONGi (China), Trinasolar (China), Canadian Solar (Canada), JA SOLAR Technology Co., Ltd. (China), and SHARP CORPORATION (Japan). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The building integrated photovoltaic market is projected to reach USD 27.41 billion by 2029, at a CAGR of 17.0% during the forecast period. The building integrated photovoltaic market is dominated by a few major players that have a strong geographical presence. The major players in the building integrated photovoltaic market include LONGi (China), JinkoSolar (China), JA SOLAR Technology Co., Ltd. (China), AGC Inc. (Japan), and Canadian Solar (Canada). Between 2020 and 2024, strategies such as new product launches, contracts, agreements, acquisitions, and expansions are followed by these companies to capture a larger share of the building integrated photovoltaic market.
The Energy Management System market is projected to reach USD 84.34 billion by 2029, at a CAGR of 13.8 % during the forecast period. The Energy Management System market is dominated by a few major players that have a wide regional presence. The major players in the Energy Management System market are ABB (Switzerland), Siemens (Germany), Schneider Electric (France), General Electric Company (US), and Emerson (US). Between 2020 and 2024, Strategies such as product launches, contracts, agreements, partnerships, collaborations and acquisition sare followed by these companies to capture a larger share of the Energy Management System market.
The long duration energy storage (LDES) market is projected to reach USD 10.43 billion by 2030, at a CAGR of 13.6% during the forecast period. The report profiles key players such as The Sumitomo Electric Industries, Ltd. (Japan), ESS Tech, Inc. (US), Energy Vault, Inc. (US), Eos Energy Enterprises (US), Invinity Energy Systems (England), MAN Energy Solutions (Germany), Highview Power (UK), Primus Power (US), CMBlu Energy AG (Germany), and Malta Inc. (US) among others.
The nuclear power market is projected to reach USD 44.71 billion by 2029, which translates into a CAGR of 2.9% during the forecast period. The report profiles key players such as The State Atomic Energy Corporation ROSATOM (Russia), EDF (France), MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan), AtkinsRéalis (Canada), Westinghouse Electric Company LLC. (US), Rolls-Royce plc (UK), NuScale Power, LLC. (US), China National Nuclear Corporation (China), Holtec International (US), ULTRA SAFE NUCLEAR (US), and Seaborg Technologies (Denmark) Among others.
The residential energy storage market is projected to reach USD 4.58 billion by 2030 at a CAGR of 9.3% during the forecast period. Some of the major players in the residential energy storage market are Panasonic Holdings Corporation (Japan), Tesla (US), Sonnen GmbH (Germany), BYD Company Ltd. (China), and Enphase Energy (US) among others. The major strategies adopted by these players include new product launches, acquisitions, joint ventures, and expansions.
The global shore power market is projected to reach USD 3.58 billion by 2029, growing at a CAGR of 12.0% during the forecast period. The world shore power market is influenced by strategic moves of key players, including ABB (Switzerland), Siemens (Germany), Schneider Electric (France), GE (US), and Cavotec SA (Switzerland), which focus on developing shore power solutions with the state-of-the-art technology to fully meet demand from ports regarding cleaner and more efficient energy supply. Some of the strategies include very innovative products such as advanced frequency converters and energy management systems to reduce emissions from docked ships. Other major approaches towards the expansion of their technological capability and increasing market reach are acquisitions and partnerships by which they can cater to more diverse geographic regions and stricter environmental regulations across the globe.
The small modular reactor market is projected to reach USD 7.14 billion by 2030 at the CAGR of 3.0% during the forecast period. Some of the major players in the small modular reactor market are State Atomic Energy Corporation Rosatom (Russia), China National Nuclear Corporation (China), Westinghouse Electric Company (US), MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan), GE Hitachi Nuclear Energy (US) among others. The major strategies adopted by these players include partnerships, contracts , acquisitions, joint ventures, and expansions.
The global climate adaptation market is projected to reach USD 40.4 billion by 2030, at a CAGR of 9.7% during the forecast period. Key players in the global Climate adaptation market include Baker Hughes Company (US), Exxon Mobil Corporation (US), Climeworks (Switzerland), INTERNATIONAL BUSINESS MACHINES CORPORATION (US), and Vaisala (Finland).
The wind turbine protection market is projected to reach USD 2.8 billion by 2029, at a CAGR of 10.5% during the forecast period. Some of the major players in the wind turbine protection market are BASF SE (Germany), 3M (US), Akzo Nobel N.V. (Netherlands), Trelleborg AB (Sweden), Hempel A/S (Denmark). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The global carbon credit validation, verification, certification market is projected growth to USD 884 million by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 25.5% during the forecast period. Key players in the global carbon credit validation, verification, certification market include VERRA (US), Gold Standard (Switzerland), DNV GL (Norway), TÜV SÜD (Germany), SGS Société Générale de Surveillance SA. (Switzerland), Intertek Group plc (UK), Bureau Veritas (France), The ERM International Group Limited (UK), SCS Global Services (US), ACR (American Carbon Registry) (US), Climate Action Reserve (US), RINA S.p. A. (Italy), Aenor (Spain), SustainCERT (Luxembourg), Aster Global Environmental Solutions, Inc. (US), Carbon Check (India), Ancer Climate, LLC (US), Carbon trust (UK), First Environment Inc. (US), CRS (US), Cotecna (Switzerland), and Carbon credit Capital (US).
The global hydrogen IC engines market is projected to reach USD 327 million by 2035, at a CAGR of 34.7% during the forecast period. Some of the major players in the hydrogen IC engines market are Wärtsilä (Finland), GARRETT MOTION INC. (Switzerland), BeHydro (Belgium), DEUTZ AG (Germany), MAN Energy Solutions (Germany). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global sustainable fuel market is projected to reach USD 299.9 billion by 2029; it is expected to record a CAGR of 9.1% during the forecast period. Some of the major players in the sustainable fuel market are ADM (US), Shell plc (UK), Siemens Energy AG (Germany), Saudi Arabian Oil Co. (Saudi Arabia), and Chevron Corporation (US) among others. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global synthetic natural gas market is projected to reach USD 68.4 billion by 2029, at a CAGR of 23.4% during the forecast period. Some of the major players in the synthetic natural gas market are Basin Electric Power Cooperative (US), Air Liquide (France), EnviTec Biogas AG (Germany), Verbio SE (Germany), Kinder Morgan (US). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global solid biomass feedstock market size is projected to reach USD 36.2 billion by 2029; it is expected to record a CAGR of 6.3% during the forecast period. Some of the major players in the solid biomass feedstock market are Stora Enso (Finland), Drax Group plc (UK), Segezha Group (UK), Enviva Inc. (US), and Lignetics, Inc. (US). The major strategies adopted by these players include new product launches, contracts, agreements, partnerships, and expansions.
The global Hydrogen Storage tanks and transportation market is projected to reach USD 4.4 billion by 2030, at a CAGR of 52.4% during the forecast period. Some of the major players in the Hydrogen Storage Tanks and Transportation market are Hexagon Purus (Norway), Worthington Enterprises (US), Plastic Omnium (France), Tenaris (US), and Luxfer Holdings PLC (England). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global Waste Management Market is projected to reach USD 1598.1 billion by 2029, at a CAGR of 5.6% during the forecast period. Some of the major players in the waste management market are WM Intellectual Property Holdings, L.L.C. (US), Suez (France), Veolia (France), Republic Services (US) & Waste Connections (US) are the market leaders in the Waste management market. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, 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 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 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 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 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 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 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 Řrsted 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 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 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