Hydrogen Fueling Station Market To Observe Exponential Growth By 2023-2030
The global hydrogen fueling station market is projected to reach USD 1,129 million by 2030 from an estimated USD 380 million in 2023, at a CAGR of 16.8% during the forecast period. Factors such as stringent government regulations to control greenhouse gas emissions and increasing implementation of national hydrogen strategies across various countries is significantly contributing to the growth of...
Distributed Energy Resource Management System Market Set to Reach New Heights in Response to Increasing Energy Needs
The need for energy efficiency and increasing investments to upgrade aging grid infrastructure are expected to drive the growth of the distributed energy resource management system market during the forecast period.
The global distributed energy resource management system market is projected to reach USD 750 million by 2026 from an estimated USD 286 million in 2021, at a CAGR of 21.2% during the...
Hydrogen Energy Storage Market: Trends, Challenges, and Opportunities
Hydrogen has been gaining increasing attention as a potential energy carrier for the transition towards a more sustainable and decarbonized energy system. In addition to its use as a fuel for transportation, hydrogen can also be utilized for energy storage, either directly or through conversion to other forms of energy such as electricity or heat.
According to a report, the global hydrogen energy...
Electrolyzers Market Offers Lucrative Opportunities for Major Economies to Achieve Net Zero Emission Targets
An electrolyzer system utilizes electricity to break water molecules into hydrogen and oxygen. Through this process, the electrolyzer system produces hydrogen, and the leftover oxygen is released into the atmosphere or can be captured or stored to supply other industrial processes or even medical gases, in some cases. There are four main ways that electrolyzers can be commercialized: power to mobility,...
Hydrogen Fueling Station Market Size to Reach $1,129 million by 2030
According to a research report “Hydrogen Fueling Station Market by Supply Type, Station Size (Small Stations, Mid-Sized Stations, Large Stations), Station Type (Fixed Hydrogen Stations, Mobile Hydrogen Stations), Pressure, Solution (EPC, Components) and Region – Global Forecast to 2030″ published by MarketsandMarkets, the global hydrogen fueling station market is projected to reach...
Thermal Energy Storage Market worth $369 Million by 2025
The global Thermal Energy Storage Market size is projected to reach USD 369 million by 2025, at a CAGR of 14.4%, from an estimated USD 188 million in 2020. The growth of the thermal energy storage market is majorly driven by increasing demand for energy storage technologies, rising number of CSP projects, and increasing HVAC applications.
Thermal energy storage in concentrating solar...
Energy as a Service Market Expected to Grow $105.6 Billion by 2027
The global Energy as a Service Market is expected to grow from USD 64.7 billion in 2022 to USD 105.6 billion by 2027, at a CAGR of 10.3% according to a new report by MarketsandMarkets™. 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...
Meter Data Management System Market to Exceed $428 Million by 2023
The global Meter Data Management System Market is expected to grow from USD 169 million in 2018 to USD 428 million by 2023, at a CAGR of 20.48% during the forecast period. This growth can be attributed to the increased government policies and supportive mandates for smart meter installations and the need for accurate utility bill generation.
Europe is projected to be the second largest...
Advanced Energy Storage Systems Market to Surpass $19.04 Billion by 2022
The global advanced energy storage systems market is expected to grow from USD 12.7 billion in 2017 to USD 19.0 billion by 2022, at a CAGR of 8.4% during the forecast period. The growth of the advanced energy storage systems market is attributed to increasing renewable energy investments and growth in the electric vehicles market globally and regulatory changes demanding energy efficiency.
The...
Energy as a Service Market worth $105.6 Billion by 2027
The
global Energy as a Service Market is projected to grow from USD 64.7 billion in 2022 to USD 105.6 billion
by 2027, at a CAGR of 10.3% according to a new report by MarketsandMarkets™. 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...