Energy as a Service: A Game Changer For Energy Industry
What is Energy as a Service market?
Energy as a Service (EaaS) is the process in which customers pay for energy services by means of subscription or pay-per-use, rather than installing a large piece of energy infrastructure. This in effect provides businesses and consumers access to energy solutions like renewable energy generation, energy efficiency upgrades, and energy management systems without...
Powering Efficiency: The Rise of Distributed Generation & Thermal Recovery in the Combined Heat and Power Market
The global Combined Heat and Power (CHP) market—also known as cogeneration—has been steadily gaining momentum, projected to grow from USD 30.4 billion in 2024 to USD 39.2 billion by 2029 at a CAGR of 5.2%.
At its core, CHP involves the simultaneous production of electricity and useful heat from the same energy source. Unlike traditional power plants, which waste significant heat energy,...
New Report: Challenges and Opportunities in the Generator Industry
🏛 STRATEGIC OVERVIEW
The generator industry is in a phase of robust expansion, driven by the escalating need for standby power solutions, especially in the face of grid instability, rapid urbanization, and the digitalization of critical infrastructure. Diesel generators and industrial generators remain the backbone of emergency power systems for sectors ranging from healthcare and data centers...
Engines and Gensets Industry Outlook 2025: Trends & Predictions
The Engines and Gensets Outlook highlights that both industries are experiencing significant growth driven by the rising demand for fuel-efficient, low-emission engines and reliable power solutions. Engine, which convert fuel into mechanical energy, play a crucial role in industries such as automotive, marine, aerospace, and power generation, thanks to their durability, scalability, and ability to...
Engines Market will surge to $477.89 Billion by 2029
The global engines market is projected to reach USD 477.89 billion by 2029 from an estimated USD 377.24 billion in 2024, at a CAGR of 4.8% during the forecast period. The driving factor behind this growth is the growing demand for fuel-efficient and low-emission engines across various end-use industries, such as automotive, marine, power generation, and aviation. Investments in advanced engine technologies,...
New Report: Challenges and Opportunities in the Surge Protection Devices Market
According to new report, The global surge protection devices market is estimated to be valued at USD 2.98 billion in 2025 and is projected to reach USD 3.95 billion by 2030, growing at a CAGR of 5.8% during the forecast period.
The surge protection devices market is expected to grow significantly due to the rising adoption of sensitive electronic equipment and the increasing occurrence of power...
Safeguarding the Future: Trends and Innovations in the Wind Turbine Protection Market
Wind turbine protection are primarily used to protect the turbines from factors like lightning strikes, high winds, and extreme temperatures. Wind turbine protection keeps turbines functional, protects investments, safeguards workers and wildlife, and contributes to a stable and reliable power grid.
According to a latest research, The wind turbine protection market is forecast to reach USD 2.8...
The Industrial Boiler Market in 2025: Trends, Growth, and Key Industrial Boiler Companies to Watch
The industrial boiler market plays a crucial role in various industries, including power generation, food processing, and chemical manufacturing. These boilers are essential for steam and heat production, which drive industrial operations and ensure efficient energy utilization. As of 2022, the global industrial boiler market was valued at USD 15.3 billion and is projected to reach USD 19.8 billion...
Power Factor Correction Market Set to Reach $3.3 billion by 2030
The power factor correction market is booming! Projections show it reaching a substantial USD 3.3 billion by 2030, a significant jump from USD 2.4 billion in 2024. This represents a compound annual growth rate (CAGR) of 5.5%, indicating strong and steady expansion.
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What’s Driving This Growth?
Several...
Energy as a Service Market Size, Share, Trends & Analysis Report, 2030
The global Energy as a Service Market is anticipated to grow from estimated USD 51.88 billion in 2024 to USD 100.34 billion by 2030, at a CAGR of 11.6% during the forecast period. Major forces driving the Energy as a Service Market include the increased need for energy efficiency, surging energy prices, and global trends toward carbon neutrality and sustainability. Business houses are adopting...