What are the challenges in deploying microgrids?
Microgrids are becoming an increasingly important part of modern energy infrastructure, offering localized power generation, improved grid resilience, and the ability to integrate renewable energy sources. Despite their many advantages, the deployment of microgrids comes with several challenges that can hinder widespread adoption. These challenges span technical, financial, regulatory, and operational...
Hydrogen Truck Market Size, Share, Trends & Forecast 2035
The global hydrogen truck market is projected to grow from USD 1.9 billion in 2024 to USD 10.8 billion in 2035, at a CAGR of 16.9%.
Hydrogen Truck market is growing due to expansion in hydrogen refuelling infrastructure and advancements in fuel cell technology, R&D in liquid hydrogen technology, along with rising consumer interest in zero-emission vehicles. Also, the shift towards hydrogen...
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...
New Report: Permanent Magnet Motor Market to Reach $93.75 billion in 2030
The global Permanent Magnet Motor Market is anticipated to grow from estimated USD 58.68 billion in 2025 to USD 93.75 billion by 2030, at a CAGR of 9.8% during the forecast period. The Permanent Magnet Motor Market is experiencing significant global growth due to the increasing demand for high-performance and energy-efficient motors across various applications. Permanent magnet motors utilize permanent...
Powering Progress: A Deep Dive into the Global Relay Market & the Rise of Electromechanical, Solid‑State, and Protection Relays
The global relay market is undergoing significant transformation, driven by the rapid expansion of industrial automation, smart grid infrastructure, electric vehicles (EVs), and renewable energy integration. According to latest report, the relay market is projected to grow from USD 10.12 billion in 2024 to USD 15.20 billion by 2030, at a CAGR of 7.0%. This growth is fueled by the increasing demand...
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...
Wind Turbine Operations and Maintenance Market Size to Grow $59.67 billion by 2030
The global Wind Turbine Operations and Maintenance Market Size is projected to grow from estimated USD 39.61 billion in 2025 to USD 59.67 billion by 2030, at a CAGR of 8.5% during the forecast period. The major factors driving the Wind Turbine Operations and Maintenance Market include the increased need for energy efficiency and the global trends toward carbon neutrality and sustainability. There...
Powering the Green Revolution: How the Inverter Market is Transforming Energy and Mobility
The global push toward clean energy and electrification is reshaping industries, and at the heart of this transformation lies a critical but often overlooked technology: the inverter. As the world accelerates its adoption of renewable energy and electric vehicles, the inverter market is experiencing unprecedented growth, innovation, and competition.
Explosive Growth Driven by Renewables and Electrification
The...
EV Battery Market Size, Share, Trends & Analysis Report, 2035
The global EV battery market is projected to grow from USD 132.6 Billion in 2023 to USD 508.8 Billion by 2033, registering a CAGR of 14.4%. The EV battery market is a powerhouse propelling the green revolution, and its growth trajectory is fueled by a complex interplay of forces. Governments worldwide are tightening regulations on carbon emissions, pushing carmakers towards cleaner alternatives like...