Environmental Technology Market worth $690.3 Billion by 2026
The global Environmental Technology Market is estimated at USD 552.1 billion in 2021 and is projected to reach USD 690.3 billion by 2026, at a CAGR of 4.6% during the forecast period. Increase in demand from different verticals and a stringent government regulation is one of the major factors contributing to the high growth of the environmental technology market.
Based on technological...
Nuclear Power Plant Control System Market worth $825 Million by 2028
The global Nuclear Power Plant Control System Market is expected to reach USD 825 million by 2028 from USD 636 million in 2023 at a CAGR of 5.3% during the 2023–2028 period according to a new report by MarketsandMarkets™. Nuclear energy as clean energy is a more reliable way of producing electricity on a large scale. The versatile nature of nuclear energy could enable the...
Virtual Power Plant Market worth $5.5 Billion by 2029
The global Virtual Power Plant Market is expected to grow from an estimated USD 1.9 billion in 2024 to USD 5.5 billion by 2029, at a CAGR of 23.4% during the 2024–2028 period according to a new report by MarketsandMarkets™. Virtual power plants are essential because they provide enhanced grid stability by optimizing and integrating diverse energy sources, contributing to increased energy...
Green Energy Revolution: US Electrolyzers Industry Pioneers Hydrogen Economy
The electrolyzers market in the U.S. is a thriving sector within the global market that is expected to grow significantly due to the growing demand from the mobility industry, the presence of big players, and the implementation of stringent environmental regulations emphasizing the use of electrolyzer technology for green hydrogen production. Among the end-use industries, the energy and mobility sector...
Energy as a Service Market worth $105.6 Billion by 2027
Increasing distributed energy resources, new revenue generation streams for utilities, availability of federal and state tax benefits for energy-efficiency projects and decreasing cost of renewable power generation and storage solutions are driving the demand for energy as a service globally.
The global Energy as a Service Market is expected to grow from USD 64.7 billion in 2022 to USD...
Biorefinery Market worth $210.3 Billion by 2027
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
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...
Electrolyzers Market worth $57.2 Billion by 2030
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...
Biomethane Market worth $60.2 Billion by 2030
The global Biomethane Market is expected to grow from an estimated USD 10.3 billion in 2023 to USD 60.2 billion by 2030, at a CAGR of 28.7% according to a new report by MarketsandMarkets™. This anticipated expansion underscores the increasing prominence and adoption of biomethane as a renewable energy source. Several factors contribute to this robust growth trajectory, including heightened...
Biorefinery Market Size to Reach $210.3 Billion by 2027
The global Biorefinery Market is projected to grow from USD 141.8 billion in 2022 to USD 210.3 billion by 2027, at a CAGR of 8.2% according to a new report by MarketsandMarkets™. Increasing demand for biofuels to achieve net zero emissions are the primary driver for the global biorefinery market across the globe. Governments of various countries across the...