E-fuels Market Share Expected to Reach $49.4 Billion by 2030

The global E-fuels Market is projected to grow from USD 6.2 billion in 2023 to USD 49.4 billion by 2030, at a CAGR of 34.5% during the 2023-2030. The potential for e-fuels to address carbon emissions and energy storage concerns is driving up demand for them. E-fuels, which are synthetic fuels made from renewable energy, provide a way to decarbonize sectors that rely significantly on liquid fuels,...
Biorefinery Market Share Expected to Reach $314.62 Billion by 2029

The global Biorefinery Market Share is anticipated to grow from estimated USD 212.05 billion in 2024 to USD 314.62 billion by 2029, at a CAGR of 8.2% during the forecast period. The growth in the market will be attributed to the rise of demand for biofuels and biobased chemicals and material across various geographies. Government policies and regulations for the adoption of biofuels across various...
Energy Efficient Motor Market Share to Reach $59.3 Billion by 2028

The global Energy Efficient Motor Market Share will grow to USD 59.3 Billion by 2028 from USD 41.7 Billion in 2023, at a CAGR of 7.3% during 2023-2028. An energy efficient motor is a type of electric motor that is designed to consume less electrical energy while providing the same level of output as a standard motor. Energy-efficient motors help achieve significant energy savings, reduce greenhouse...
Blue Ammonia Market Share Expected to Reach $7,664 Million by 2030

The global Blue Ammonia Market is expected to grow from an estimated USD 78 million in 2023 to USD 7,664 million by 2030, at a CAGR of 62.3% according to a new report by MarketsandMarkets™. Blue ammonia is a type of ammonia that is produced using natural gas as a feedstock, but with the carbon dioxide emissions from the production process captured and stored. This makes blue ammonia a lower-carbon...
Exclusive Growth Opportunity Driving the Future of Carbon Offset/Carbon Credit Industry

The global Carbon Offset/Carbon Credit Industry is expected to grow from USD 414.8 billion in 2023 to USD 1,602.7 billion by 2028, at a CAGR of 31.0% from 2023 to 2028. The voluntary carbon market continues to play a critical role in that transition by helping to channel funding into projects that reduce carbon emissions or remove carbon from the atmosphere. Since, the need to curb global warming...
Exclusive Growth Opportunity Driving the Future of Combined Heat and Power Industry

The market for Combined heat and power industry is propelled by factors such as increased demand for energy efficiency and environmental regulations, energy security, cost savings, and technological advancements. They offer advantages such as improved reliability, enhanced energy independence, and reduced environmental impact, further driving market growth.
The global Combined heat and power market...
Electric Motors Market Size to Hit $206.4 billion by 2029

The global Electric Motors Market by value, is estimated to be USD 152.2 billion in 2024 and is projected to reach USD 206.4 billion by 2029, growing at a CAGR of 6.3% from 2024 to 2029. Due to the growing demand for electric motors within the global automotive, manufacturing, and renewable energy sectors, among others, the electric motor market has bloomed forth globally. All these sectors inherit...
Efficiency and Reliability of Synchronous Generators: A Comparative Analysis

Synchronous generators are pivotal components in modern power systems, transforming mechanical energy into electrical energy. Their efficiency and reliability are paramount for ensuring a stable and efficient power supply. This article delves into a comparative analysis of synchronous generators, examining their different types, factors influencing their efficiency and reliability, and strategies...
Exploring the Growth of Electrolyzer Market Size Amidst the Hydrogen Revolution

The global Electrolyzer Market Size 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. 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 net zero emissions in recent years. Governments worldwide...
With 5.4% CAGR, Diesel Generator Market to Reach $23.4 Billion by 2029

The global Diesel Generator Market is expected to reach USD 23.4 billion by 2029 from USD 17.9 billion in 2024 at a CAGR of 5.4% during the forecast period according to a new report by MarketsandMarkets™. Diesel generators are essential because they provide reliable and constant source of electricity during power outages and emergencies. The longevity and durability of diesel generators allow...