Innovations in Hydrogen Energy Storage for a Greener Future
Hydrogen energy storage is rapidly evolving as a key technology for achieving a low-carbon energy system. Several innovations are driving this transformation, improving efficiency, reducing costs, and making hydrogen a more practical solution for large-scale energy storage.
Hydrogen energy storage refers to the process of storing energy in the form of hydrogen, which can be produced through methods...
Power Factor Correction Market Size to Grow $3.3 billion by 2030 at a CAGR of 5.5%
The global Power Factor Correction Market is projected to reach USD 3.3 billion by 2030 from an estimated USD 2.4 billion in 2024, at a CAGR of 5.5% during the forecast period.
The demand for power factor is on the rise due to various factors such as the globally increasing level of energy consumption, fostered by the rapid process of industrialization as well as urbanization, is additionally pressuring...
A Deeper Look At Superconducting Wire Industry Size, Forecast to 2028
The growth of the superconducting wire market is driven by growing demand for Superconductor-based magnetic resonance imaging (MRI) Systems. Expansion of offshore wind farms using superconducting technologies, and rising implementation of superconducting wire over conventional wires creates new opportunities for superconducting wire manufacturing companies
According to a new report,
The global...
Synchronous Generator Industry Growth Analysis With Investment Opportunities For 2023-2028
Synchronous Generator Industry Report 2023: Size, Share, Trends, Growth Drivers, Forecast to 2028
The Synchronous Generator Industry has experienced robust growth in recent years, expanding from $4.7 billion in 2023 to $5.9 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. A synchronous generator, also called an AC generator or alternator, is an electromechanical energy conversion...
Hydrogen Industry Size to Undertake Strapping Growth During 2030
MarketsandMarkets Research titled, “Hydrogen Industry by Sector (Generation Type (Gray, Blue, Green), Storage (Physical, Material), Transportation (Long, Short)), Application (Energy (Power, CHP), Mobility, Chemical & Refinery (Refinery, Ammonia, Methanol)), Region – Global Forecast to 2030“. The global hydrogen industry in terms of revenue was estimated to be worth $242.7 billion...
Hydrogen Generation Market Analysis: Size, Share and Forecast for 2023-2028
The global hydrogen generation market size is projected to reach USD 257.9 billion by 2028 from an estimated USD 158.8 billion in 2023, at a CAGR of 10.2% during the forecast period. The growing emphasis on environmental sustainability, rising adoption of fuel cell vehicles, and intermittent renewable energy integration accelerate the growth of the hydrogen generation market.
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Revealed: Solid Oxide Fuel Cell Industry Growth Opportunities
The global solid oxide fuel cell industry is projected to reach USD 5.4 billion by 2028 from an estimated USD 1.4 billion in 2023, at a CAGR of 31.0% during the forecast period. The growing use of electronic devices in emergency, off-grid, and automotive applications will benefit the fuel cell generator business.
Key Market Players
Bloom Energy (US)
AISIN CORPORATION (Japan)
KYOCERA...
Hydrogen IC Engines Market to Generate $327 Million Revenue by 2035
The global Hydrogen IC Engines Market in terms of revenue was estimated to be worth $12 million in 2024 and is poised to reach $327 million by 2035, growing at a CAGR of 34.7% from 2024 to 2035 according to a new report by MarketsandMarkets™.
The global Hydrogen IC Engines Market is anticipated to grow at a higher level. There are various drivers responsible for the growth of the market such...
Global Energy Perspective 2024: High Voltage Power Transformer Outlook
The global High Voltage Power Transformer Market in terms of revenue was estimated to be worth $9.1 billion in 2024 and is poised to reach $12.3 billion by 2029, growing at a CAGR of 6.3% from 2024 to 2029 according to a new report by MarketsandMarkets™.
This growth is primarily driven by the need to strengthen power distribution networks to keep up with the rising global demand for electricity....
Hydrogen Generation Set to Reach New Heights in Response to Increasing Energy Needs
The growing emphasis on environmental sustainability, rising adoption of fuel cell vehicles, and intermittent renewable energy integration accelerate the growth of the hydrogen generation industry.
The global market for hydrogen generation is projected to reach USD 257.9 billion by 2028 from an estimated USD 158.8 billion in 2023, at a CAGR of 10.2% during the forecast period.
Key Market...