The Indian solar energy market generated revenue of USD 10.4 billion in 2023, which is expected to witness a CAGR of 13.4% during 2024–2030, to reach USD 24.9 billion by 2030. The primary reason for the growth is the government’s policies...
The South African charcoal briquettes market stood at USD 165.1 million in 2023, and it is expected to reach USD 301.1 million by 2030, demonstrating a CAGR of 9.0% during the forecast period (2024–2030). The rich tradition of barbecued food an...
India High-Capacity Inverter Market Analysis The Indian non-solar high-capacity inverter market generated revenue of USD 452.3 million in 2023, which is expected to witness a CAGR of 8.0% during 2024–2030, to reach USD 769.2 million by ...
The global compressed air energy storage market revenue is estimated to have stood at USD 6,027.4 million in 2023, and it is predicted to reach USD 26,605.3 million by 2030, advancing at a CAGR of 23.7% during 2024–2030. ...
The global hybrid power solutions market value is estimated to have stood at USD 2,506.2 million in 2023, and it is expected to reach USD 5,020.3 million by 2030, advancing at a CAGR of 10.6% during 2024–2030. ...
The electrolyzers market size stood at USD 496.7 million in 2023, and it is expected to advance at a compound annual growth rate of 94.7% during 2024–2030, to reach USD 51,992.8 million by 2030. ...
The synthetic fuels market is expected to generate an estimated revenue of USD 48.6 billion in 2023. Further, during the forecast period 2024–2030, it will grow at a CAGR of 5.6%, to reach USD 70.6 billion by 2030. ...
The global offshore wind turbine market generated revenue of USD 6,762.0 million in 2023, which will reach USD 24,603.5 million by 2030, advancing at 21.0% CAGR between 2024 and 2030. ...
The global environmental remediation market was valued at USD 110.67 billion in 2022, and the market size is expected to reach USD 198.11 billion by 2030, advancing at a CAGR of 7.5% during 2022–2030. ...
The wave energy converter market size stood at USD 21.08 million in 2022, and it is expected to grow at a CAGR of 4.70% during 2022–2030, to reach USD 30.44 million by 2030. ...
The blue hydrogen market size stood at USD 17,654 million in 2022, and it is expected to grow at a compound annual growth rate of 11.70% during 2022–2030, to reach USD 42,783 million by 2030. ...
The energy as a service market size stood at USD 68.41 billion in 2022, and it is expected to witness a compound annual growth rate of 10.26% during 2022–2030, to reach USD 149.45 billion by 2030. ...
The energy storage market size stood at 36,774 MW (Megawatts) in 2022, and it is expected to grow at a CAGR of 35.2% during 2022–2030, to reach 410,543 MW by 2030. ...
The global floating solar panels market is estimated to be USD 2,731 million in 2022, and the market size is predicted to reach USD 40,662 million by 2030, advancing at a CAGR of 40.2% during 2022–2030. ...
The global hydrogen energy storage market size is estimated to generate $14,100 million in 2022, and it is expected to reach $304,108 million by 2030, advancing at a growth rate of 46.80% during 2022–2030. ...
The global wind tower market was valued at $24,974.3 million in 2021, which is further expected to increase to $51,972.4 million by 2030, advancing at a CAGR of 8.5% during the forecast period. ...
The global carbon capture, utilization, and storage market size was valued at $2,037.0 million in 2021, and it is expected to advance at a CAGR of 27.3% during 2021–2030, to reach $17,835.6 million by 2030. ...
The data center UPS market size stood at $5,729.0 million in 2021, and it is expected to rise at a compound annual growth rate of 6.5% during 2021–2030. ...
The global flywheel energy storage market was valued around $300.0 million in 2020. This is driven by the increasing need for electricity in remote places, rising government policies related to the production of electricity, and surging need to chang...
The global bioethanol market stood around $38.0 billion in 2020, and is expected to grow at a significant rate during the forecast period. The major factors responsible for the growth of the market are the increasing need for sustainable alternative ...
The global biodiesel market generated revenue of around $39.0 billion in 2020. The major factors responsible for the growth of the market are the increasing demand for biodiesel to replace crude oil, surging research and development (R&D) activit...
The global distributed solar power generation market is projected to showcase a strong growth during the forecast period (2021–2030), on account of increasing installation of solar panels. ...
The hydrogen market revenue stood at $136,185.0 million in 2019, and it is expected to witness a CAGR of 4.3% during 2020–2030. ...
The global ultra-thin solar cells market valued $30.0 million in 2019, and it is expected to grow at a CAGR of 56.9% during the forecast period (2020–2030). The declining prices of such photovoltaic (PV) panel components and rising demand fo...
Increasing demand for energy storage, microgrid and artificial intelligence (AI) technologies, and digitization, and falling costs of installation of renewable energy solutions are some of the key trends observed in the global renewable energy mar...
A prominent trend observed in the global mechanical energy storage market is the utility application of energy storage and associated grid technologies. As utility-scale solar technology maintains and gains popularity, utility asset owners are now...
The major trend identified in the global solar tracker market is the development of the solar trackers for non-standard sites, such as capped landfills. Traditionally, solar trackers are mounted on posts that are driven directly into the ground or...
In the global smart solar market, the increasing demand for energy from residential and industrial end users and depleting natural resources have resulted in the need to control the energy consumption and switch to more efficient and cleaner energ...
The perovskite solar cell (PSC) market holds a high potential for growth during the forecast period, due to the increasing research and development activities for PSCs, along with the increasing awareness on the advantages offered by these over si...
A solar pump or a solar-powered pump is a system, which operates on electricity generated by photovoltaic panels, in order to pump water. It is a suitable alternative to traditional generators that run on fossil fuels for pumping water, since it g...
Prominent market trends identified in the global biogas market include mergers and acquisitions between market players, and technology transfer by major companies to sustain or strengthen their market share. A number of these activities are supported...
Growing adoption of rooftop solar photovoltaics (PV) panels in residential and commercial installations for generation of power using solar energy and increased investment by major players in the solar energy industry for the development of rooftop s...
Major trend being witnessed in the global green energy market is increased investment in the development of power projects associated with clean and green energy. Owing to the limited availability of the conventional fuels such as oil, gas, and coal ...
Increasing environmental awareness among customers, provision of government incentives and tax rebates to install solar panels, and significantly reducing prices of key components to make solar cells/modules, such as silver and polysilicon, are the k...
The global dye-sensitized solar cells market was valued at $28,451.4 thousand in 2017 and is projected to reach $60,589.4 thousand by 2023, witnessing a CAGR of 13.2% during the forecast period. ...
Advanced biofuel are the fuels, which can be produced from various types of non-food biomass such as agricultural waste streams, lignocellulose, woody crops, and others. This type of biofuel is known as second-generation biofuel. ...
The global solar panel recycling market is estimated to be valued at $80.7 million in 2017 and is projected to reach $269.8 million by 2023, witnessing a CAGR of 22.0% during the forecast period. Increasing adoption of solar power as a source of e...
The global solar encapsulant market was valued at $1,036.0 million in 2017, and is expected to surpass $4,555.4 million by 2023 with a CAGR of 28.4% between 2018 and 2023. ...
The global planar solid oxide fuel cell (SOFC) market stood at $379.9 million in 2015, and it is expected to reach $804.9 million by 2022, demonstrating a CAGR of 11.4% during the forecast period (2016–2022). ...
The global wind energy foundation market is projected to grow at a significant level, during the forecast period, on account of increasing demand for clean energy resources and rising number of installations in the wind power sector. Wind energy is e...
The global air core drilling market is poised to grow at a robust pace during the forecast period (2016 - 2022) on account of increasing requirement for effective techniques for extraction in applications such as mines and oil and gas wells. Addition...
According to the U.S. Department of Energy (DOE), CSP is a technology that generates solar power by using mirrors to reflect and concentrate sunlight onto receivers. The technology is gaining traction in the global concentrating solar power market. C...
The global string inverter market is expected to grow at a robust pace, during the forecast period (2016-2022). Several characteristic features such as easy installation and customization, decline in system cost and removal of efforts in system monit...