Energy Management Systems Market Share Expected to Reach $84.34 billion by 2029
The global Energy Management Systems Market Share is expected to grow from USD 44.19 billion in 2024 to USD 84.34 billion by 2029, at a CAGR of 13.8% from 2024 to 2029. The global energy management system market is mainly pushed through the increasing emphasis on power efficiency and the growing need to reduce operational prices across diverse industries. As energy expenses keep to differ and regulatory...
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...
Blower Market Size Set to Reach USD 4.6 Billion by 2028, Growing at a CAGR of 4.8%
According to a research report, the blower market size is projected to reach USD 4.6 billion by 2028 from an estimated USD 3.7 billion in 2023, at a CAGR of 4.8% during the forecast period.
The increasing demand for blowers across various industries is spurred by their versatile applications. From ventilation and cooling in manufacturing plants to combustion support in furnaces, blowers play a...
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...
Cryogenic Equipment Market: Rapid Growth and Key Research Insights
The global cryogenic equipment market is projected to reach $16.6 billion in 2028, growing at a CAGR of 6.9% from 2023 to 2028, according to MarketsandMarkets research.
The rising adoption of liquefied natural gas (LNG) as a clean and efficient energy source, along with the increasing use of industrial gases in metallurgy, oil & gas, and energy & power sectors, is fueling the expansion...
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...
Small Modular Reactor Market Size to Hit $7.14 billion by 2030
According to a research report, the global small modular reactor market is anticipated to grow from estimated USD 6.00 billion in 2024 to USD 7.14 billion by 2030, at a CAGR of 3.0% during the forecast period. The growth in the market will be attributed to the the growing demand for clean, reliable energy and the need for greater flexibility in power generation. Their compact design allows for easier...
Sustainable Fuel Market Size to Grow $299.9 billion by 2029
According to a latest research, the global Sustainable Fuel Market Size is projected to reach USD 299.9 billion by 2029 from an estimated USD 193.8 billion in 2024, at a CAGR of 9.1% during the forecast period, published by MarketsandMarkets.
Globally, stronger environmental regulations and policies need a reduction in carbon emissions. Governments enforce this through carbon price, emissions trading...
Connected Tires Market Size, Share, Growth, Report 2028
The global connected tires market size is projected to grow from USD 4 million in 2023 to USD 54 million by 2028, at a CAGR of 67.1%. Connected tires will grow in demand due to their ability to enhance various aspects of driving, vehicle performance, and overall safety. These tires provide real-time monitoring of essential parameters such as tire pressure, tread wear, and temperature. By continuously...
Automatic Tire Inflation System Market Size, Share, Report Forecast 2028
The automatic tire inflation system market size is projected to grow from USD 82 million in 2023 to USD 138 million by 2028, at a CAGR of 10.7% during the forecast period. The increasing demand for automatic tire inflation systems is driven by various factors, including tire and drivetrain life, vehicle fuel economy, demand for safety features, and improved performance on different driving surfaces.
Rapid...