Generator Market Size, Share, Analysis, Regional Outlook and Forecast 2023-2030

The global generator market is projected to reach USD 34.5 billion by 2030 from an estimated USD 23.1  billion in 2023, at a CAGR of 5.9% during the forecast period. The growth of the generator market is driven by growing demand for continuous power supply and evolving new technologies such as fuel cell generators. Increasing demand for uninterrupted and reliable power supply, rapid industrialization...

Biorefinery Market worth $210.3 Billion by 2027

Biorefinery Market
The global biorefinery market is expected to witness significant growth during the forecast period due to increased government initiatives and increased need for environmental sustainability as well as technological advancements and increased investments in the biorefinery market. The global Biorefinery Market is projected to grow from USD 141.8 billion in 2022 to USD 210.3...

Green Ammonia Market worth $17.9 Billion by 2030

Green Ammonia Market
The global Green Ammonia Market is expected to grow from an estimated USD 0.3 billion in 2023 to USD 17.9 billion by 2030, at a CAGR of 72.9% according to a new report by MarketsandMarkets™. Green ammonia refers to the production of renewable and carbon-free ammonia. It is produced by generating energy from solar/wind/hydropower, which is then fed into an electrolyzer. It...

Smart Meter Market Size to Grow $36.3 Billion by 2028

Smart Meter Market
The global Smart Meter Market is expected to grow from an estimated USD 23.1 billion in 2023 to USD 36.3 billion by 2028, at a CAGR of 9.4% during the forecast period. The smart meters are able to communicate with the utility company in real time, allowing for accurate and up-to-date energy usage data. This can help the utility company better manage its power grid and detect and respond...

Carbon Offset/Carbon Credit Market worth $1602.7 Billion by 2028

Carbon Offset/Carbon Credit Market
The global Carbon Offset/Carbon Credit Market is expected to grow from an estimated USD 414.8 billion in 2023 to USD 1,602.7 billion by 2028, at a CAGR of 31.0% during the forecast period. The Carbon Offset/Carbon Credit Market growth has been attributed to rising global warming and the need to remove carbon from the atmosphere. The market is driven by factors such as growing compliance...

Portable Power Station Market worth $1.1 Billion by 2028

Portable Power Station Market
The global Portable Power Station Market is projected to reach USD 1.1 billion in 2028 from USD 0.5 billion in 2023 at a CAGR of 18.4% according to a new report by MarketsandMarkets™.  Portable power stations are portable and compact devices that function as independent power sources. Their purpose is to store electrical energy obtained from diverse sources such as solar panels, wall outlets,...

Brushless DC Motor Market worth $17.6 Billion by 2028

Brushless DC Motor Market
The global Brushless DC Motor Market is expected to reach USD 17.6 billion by 2028 from USD 12.1 billion in 2023 at a CAGR of 7.9% during the 2023–2028 period according to a new report by MarketsandMarkets™. The increasing adoption of Brushless DC motors is driven by their precise speed control, low maintenance requirements, and high efficiency. Brushless DC motors offer enhanced...

Exploring the Opportunities in the Generator Market

The generator market has been experiencing significant growth in recent years, and this trend is expected to continue in the coming decade. According to market research, the generator market size was valued at $23.1 billion in 2023 and is projected to reach $34.5 billion by 2030. This represents a compound annual growth rate (CAGR) of 5.9% from 2023 to 2030. One of the primary drivers of the generator...

Electrolyzers Market worth $57.2 Billion by 2030

Electrolyzers Market
The global Electrolyzers Market is expected to reach USD 57.2 billion by 2030 from USD 0.5 billion in 2023 at a CAGR of 97.7% during the 2023–2030 period according to a new report by MarketsandMarkets™. The growing demand for cleaner fuels is one of the major factors driving the Electrolyzers Market. Global electrolyzers demand has been increasing gradually due to goals set to achieve...

Blower Market May Reach to $4.6 Billion by 2028 at a CAGR of 4.8%

Blower Market
New Revenue Pockets: The global blower market is projected to reach USD 4.6 billion by 2028 from an estimated USD 3.7 billion in 2023, at a CAGR of 4.8% during the forecast period. The market for blowers is propelled by factors such as rising industrialization, stringent environmental norms mandating efficient air and gas handling, and a surge in infrastructure projects. These dynamics foster increased...