Rising global energy demand, highly volatile oil & gas prices, increasing complicated regulatory and environmental pressure have put great "deal" to other alternative energy sources in this decade. There is increased awareness and commitments across ....see more
The AC motor market is projected to reach USD 6.60 billion by 2029, at a CAGR of 7.5% during the forecast period. The report profiles key players such as ABB (Switzerland), Siemens (Germany), GE Vernova (US), WEG (Brazil) and NIDEC (Japan).
The nuclear power market is projected to reach USD 44.71 billion by 2029, which translates into a CAGR of 2.9% during the forecast period. The report profiles key players such as The State Atomic Energy Corporation ROSATOM (Russia), EDF (France), MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan), AtkinsRéalis (Canada), Westinghouse Electric Company LLC. (US), Rolls-Royce plc (UK), NuScale Power, LLC. (US), China National Nuclear Corporation (China), Holtec International (US), ULTRA SAFE NUCLEAR (US), and Seaborg Technologies (Denmark) Among others.
The residential energy storage market is projected to reach USD 4.58 billion by 2030 at a CAGR of 9.3% during the forecast period. Some of the major players in the residential energy storage market are Panasonic Holdings Corporation (Japan), Tesla (US), Sonnen GmbH (Germany), BYD Company Ltd. (China), and Enphase Energy (US) among others. The major strategies adopted by these players include new product launches, acquisitions, joint ventures, and expansions.
The pumps market is projected to reach USD 79.01 billion by 2029, growing at a CAGR of 5.2% during the forecast period. Diversified strategies are being used by key players in the global pumps market, including Grundfos Holding A/S (Denmark), Xylem (US), Flowserve Corporation (US), KSB Limited (India), and Sulzer Ltd (Switzerland) for maintaining the competitive advantage. These companies are continuous innovators and focus on investing in R&D efforts to launch energy-efficient and digitally enabled pumps to align with the growth of sustainable and IoT-integrated solutions. They are also building their geographic footprint through strategic acquisitions and partnerships in order to expand market reach and respond to region-specific requirements, especially in new markets across Asia and the Middle East. In addition, many are giving greater priority to expansion of after-sales service and customized offerings in areas ranging from water treatment to oil and gas. Sustainability initiatives, including the development of eco-friendly and energy-efficient pumps, remain at the heart of their approach as environmental regulations worldwide are becoming ever stringent. The companies therefore enable these companies to increasingly cater to changing customer needs, thereby maintaining leadership in such a competitive marketplace across the world.
The Electrolyzers market is projected to reach USD 78.01 billion by 2030, at a CAGR of 65.9% during the forecast period. Some of the major players in the Electrolyzers market as Siemens Energy (Germany), Nel ASA (Norway), thyssenkrupp nucera (Germany), John Cockerill (Belgium), Plug Power Inc. (US), among others. The major strategies adopted by these players include new product launches, acquisitions, joint ventures, and expansions.
The Variable Frequency Drive market is projected to reach USD 30.36 billion by 2029, at a CAGR of 5.3% during the forecast period. The report profiles key players such as ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Danfoss (Denmark), and Rockwell Automation (US).
The Distributed energy resource management systems (DERMS) market is projected to reach USD 1.44 billion by 2029, at a CAGR of 18.8% during the forecast period. Some of the major players in the DERMS market Siemens (Germany), General Electric Company (US), Schneider Electric (France), ABB (Switzerland), and Hitachi, Ltd. (Switzerland), among others. The major strategies adopted by these players include new product launches, acquisitions, joint ventures, and expansions.
The gas-insulated switchgear market is projected to reach USD 33.53 billion by 2029. The projected CAGR during the said period stands at 6.1% during the forecast period. Key players in the global gas insulated switchgear market include ABB (Switzerland), Hitachi Ltd. (Japan), Siemens (Germany), Schneider Electric (France), and Eaton (Ireland).
The global shore power market is projected to reach USD 3.58 billion by 2029, growing at a CAGR of 12.0% during the forecast period. The world shore power market is influenced by strategic moves of key players, including ABB (Switzerland), Siemens (Germany), Schneider Electric (France), GE (US), and Cavotec SA (Switzerland), which focus on developing shore power solutions with the state-of-the-art technology to fully meet demand from ports regarding cleaner and more efficient energy supply. Some of the strategies include very innovative products such as advanced frequency converters and energy management systems to reduce emissions from docked ships. Other major approaches towards the expansion of their technological capability and increasing market reach are acquisitions and partnerships by which they can cater to more diverse geographic regions and stricter environmental regulations across the globe.
The small modular reactor market is projected to reach USD 7.14 billion by 2030 at the CAGR of 3.0% during the forecast period. Some of the major players in the small modular reactor market are State Atomic Energy Corporation Rosatom (Russia), China National Nuclear Corporation (China), Westinghouse Electric Company (US), MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan), GE Hitachi Nuclear Energy (US) among others. The major strategies adopted by these players include partnerships, contracts , acquisitions, joint ventures, and expansions.
The Generator market is projected to reach USD 32.98 billion by 2030, registering a CAGR of 5.4% during the forecast period. The report profiles key players such Caterpillar (US), Cummins Inc. (US), Rolls-Royce Holdings (UK), Generac (US), Mitsubishi Heavy Industries (Japan), MAN Energy Solutions (Germany) and Briggs & Stratton (US).
The relay market is projected to reach USD 15.20 billion by 2030 at the CAGR of 7.0% during the forecast period. Some of the major players in the relay market are Panasonic Holdings Corporation (Japan), HONGFA (China), TE Connectivity (Switzerland), OMRON Corporation (Japan), and GE Vernova Inc. (US) among others. The major strategies adopted by these players include new product launches, acquisitions, joint ventures, and expansions.
The engine market is projected to reach USD 477.89 billion by 2029, at a CAGR of 4.8% during the forecast period. The report profiles key players such as Caterpillar (US), Cummins Inc. (US), General Electric Company (US), RTX (US), General Motors (US), Rolls-Royce Plc (UK), Mitsubishi Heavy Industries, Ltd. (Japan), Honeywell International Inc. (US), AB Volvo (Sweden), Scania (Sweden).
The plastic hot and cold pipe market is projected to reach USD 9.96 billion by 2029, at a CAGR of 6.6% during the forecast period. The report profiles key players such as Georg Fischer Ltd. (Switzerland), Genuit Group (UK), Wienerberger (Austria), Advanced Drainage Systems (US), Aliaxis (Belgium), RWC. (Australia), RIFENG Enterprise Group Co., Ltd. (China), supreme.co.in (India), Chevron Philips Chemical Company LLC. (US), REHAU (Switzerland).
The global busbar market size is projected to reach USD 19.70 billion by 2029 at a CAGR of 5.5% over the forecast period. Some of the major players across the globe in this busbar market are ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Eaton (Ireland), and Mersen (France). These companies have aggressively embraced various strategies to enhance their presence and respond to the increasing demand for efficient power distribution systems. Key strategic steps include the development of new products for advanced busbar technology, a strategic acquisition that broadens the present product offerings, and partnerships that expand their reach into newer markets.
The bulk filtration market is projected to reach USD 18.76 billion by 2030 at the CAGR of 5.5% during the forecast period. Some of the major players in the bulk filtration market are Parker Hannifin Corp (US), Donaldson Company, Inc. (US), Filtration Group (US), MANN+HUMMEL (US), Eaton (Ireland) among others. The major strategies adopted by these players include new product launches, acquisitions, joint ventures, and expansions.
The biorefinery market is projected to reach USD 314.62 billion by 2029, at a CAGR of 8.2% during the forecast period. Some of the major players in the biorefinery market are Chevron (US), ADM (US), Valero (US), Neste (Finland), and TotalEnergies (France) among others. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The African centrifugal pump market is projected to reach USD 903.1 million by 2030. at compound annual growth rate (CAGR) of 5.5% during the forecast period. Grundfos Holding A/S (Denmark), Xylem Inc. (US), Sulzer (Switzerland), KSB (Germany), Wilo (Germany), Weir (UK), Ruhrpumpen Group (US), and EBARA Corporation (Japan) are the major companies in the centrifugal pump market in Africa.
The Energy Management System market is projected to reach USD 84.34 billion by 2029, at a CAGR of 13.8 % during the forecast period. The Energy Management System market is dominated by a few major players that have a wide regional presence. The major players in the Energy Management System market are ABB (Switzerland), Siemens (Germany), Schneider Electric (France), General Electric Company (US), and Emerson (US). Between 2020 and 2024, Strategies such as product launches, contracts, agreements, partnerships, collaborations and acquisition sare followed by these companies to capture a larger share of the Energy Management System market.
The electric motors market is projected to reach USD 206.4 billion by 2029, at a CAGR of 6.3% during the forecast period (2024-2029). Some of the major players in the electric motors market are ABB (Switzerland), Siemens (Germany), WEG (Brazil), Wolong Electric (China), and NIDEC CORPORATION (Japan). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The power factor correction market is expected to grow from an estimated USD 3.3 billion by 2030 from an estimated USD 2.4 billion in 2024, at a CAGR of 5.5% during the forecast period. Some of the major players in the power factor correction market are GE Vernova (US), ABB (Switzerland), Hitachi Energy Ltd (Switzerland), Schneider Electric (France), and Eaton (Ireland) among others. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The building integrated photovoltaic market is projected to reach USD 27.41 billion by 2029, at a CAGR of 17.0% during the forecast period. The building integrated photovoltaic market is dominated by a few major players that have a strong geographical presence. The major players in the building integrated photovoltaic market include LONGi (China), JinkoSolar (China), JA SOLAR Technology Co., Ltd. (China), AGC Inc. (Japan), and Canadian Solar (Canada). Between 2020 and 2024, strategies such as new product launches, contracts, agreements, acquisitions, and expansions are followed by these companies to capture a larger share of the building integrated photovoltaic market.
The worldwide hydrogen fueling station market is projected to reach USD 1.8 billion by 2030, expanding at a CAGR of 23.8% during the forecast period. Some of the major players in the Hydrogen fueling stations market are Air Liquide (France), Linde PLC (Ireland), Air Products and Chemicals, Inc. (US), Nel ASA (Norway), MAXIMATOR Hydrogen GmbH (Germany) and Hydrogen Refueling Solutions (France) among others. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The air starter market is projected to reach USD 559 million by 2029, at a CAGR of 4.5% during the forecast period. Some of the major players in the Air Starter market are Ingersoll Rand (US), Caterpillar (US), Rheinmetall AG (Germany), Honeywell International Inc. (US), TLD (France), Maradyne (US), SPICO (South Korea), JetAll (US), Guinalt (France), MASCO (US), KH Equipment (Australia), TDI (US), Hilliard Corporation (US), Textron Specialized vehicles (US) among others. The major strategies adopted by these players include new product launches, joint ventures, collaborations, investments, and expansions.
The global offsite data center power infrastructure market is projected to reach USD 35.4 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 17.6% during the forecast period. Key players in the offsite data center power infrastructure market include ABB (Switzerland), Schneider Electric (France), Eaton (Ireland), Vertiv (US), Huawei Digital Power Technologies Co., Ltd. (China), Comfort Systems USA (UK), Johnson Controls (US), Yondr (Netherlands), Hubbell (US), Modubuild (Ireland), Altron A.S. (Czech Republic), InnovIT AG (Germany), Delta Electronics, Inc. (Norway), and Rittal (Germany).
The global protective relay market is projected to reach USD 3.9 billion by 2030, at a CAGR of 5.7% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the protective relay market. These include ABB (Switzerland), Siemens (Germany), General Electric Company (US), Eaton (Ireland), and Schneider Electric (France). The leading players are trying to establish themselves in the markets of developed countries and are adopting various strategies to increase their respective market shares.
The district cooling market is projected to reach USD 1.3 billion by 2029, at a CAGR of 3.6% during the forecast period. Emirates Central Cooling Systems Corporation PJSC (UAE), Tabreed (UAE), Emicool (UAE), Shinryo Corporation (Japan), LOGSTOR Denmark Holding ApS (Denmark). The companies are majorly following product launches, investments, expansions, contracts, agreements, partnerships, funding, initial public offering, and acquisition as the strategy to grow and expand the market.
The global climate adaptation market is projected to reach USD 40.4 billion by 2030, at a CAGR of 9.7% during the forecast period. Key players in the global Climate adaptation market include Baker Hughes Company (US), Exxon Mobil Corporation (US), Climeworks (Switzerland), INTERNATIONAL BUSINESS MACHINES CORPORATION (US), and Vaisala (Finland).
The wind turbine protection market is projected to reach USD 2.8 billion by 2029, at a CAGR of 10.5% during the forecast period. Some of the major players in the wind turbine protection market are BASF SE (Germany), 3M (US), Akzo Nobel N.V. (Netherlands), Trelleborg AB (Sweden), Hempel A/S (Denmark). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The global bifacial solar market is projected to reach USD 37.6 billion by 2029, at a CAGR of 15.2% during the forecast period. Some of the major players in the bifacial solar market are LONGi (China), Trinasolar (China), Canadian Solar (Canada), JA SOLAR Technology Co., Ltd. (China), and SHARP CORPORATION (Japan). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global carbon credit validation, verification, certification market is projected growth to USD 884 million by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 25.5% during the forecast period. Key players in the global carbon credit validation, verification, certification market include VERRA (US), Gold Standard (Switzerland), DNV GL (Norway), TÜV SÜD (Germany), SGS Société Générale de Surveillance SA. (Switzerland), Intertek Group plc (UK), Bureau Veritas (France), The ERM International Group Limited (UK), SCS Global Services (US), ACR (American Carbon Registry) (US), Climate Action Reserve (US), RINA S.p. A. (Italy), Aenor (Spain), SustainCERT (Luxembourg), Aster Global Environmental Solutions, Inc. (US), Carbon Check (India), Ancer Climate, LLC (US), Carbon trust (UK), First Environment Inc. (US), CRS (US), Cotecna (Switzerland), and Carbon credit Capital (US).
The worldwide green ammonia market is projected to reach USD 6.2 billion by 2030, expanding at a CAGR of 66.0% during the forecasting period. Some of the major players in the Green Ammonia market are Siemens Energy (Germany), ACME Group (India), Iberdrola, S.A. (Spain), ThyssenKrupp AG (Germany), Nel ASA (Norway), and Yara (Norway) among others. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The Well Intervention market is projected to reach USD 11.3 billion by 2029, at a CAGR of 4.2% during the forecast period. Some of the major players in the Well Intervention market are Halliburton (US), SLB (US), Baker Hughes (US), Weatherford (US), Forum Energy Technologies, Inc. (US), Archer (US), Expro Group (US), Trican (Canada), Patterson -UTI (US), and Interventek Subsea Engineering (UK) . The major strategies adopted by these players include sales contracts and agreements.
The global offshore support vessel market is projected to reach USD 36.3 billion by 2029, at a CAGR of 7.2% during the forecast period. The offshore support vessel market is dominated by a few major players that have a wide regional presence. The major players in the offshore support vessel market include A.P. Moller - Maersk (Denmark), Tidewater Inc. (US), BOURBON (France), Edison Chouset Offshore (US), and Deltamarin Ltd (Europe). Between 2020 and 2024, Strategies such as new product launches, contracts, agreements, partnerships, collaborations, acquisitions, and expansions are followed by these companies to capture a larger share of the offshore support vessel market.
The smart grid market is projected to reach USD 161.1 billion by 2029, at a CAGR of 16.9% during the forecast period. Some of the major players in the smart grid market are General Electric Company (US), ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Wipro (India),Globema (Poland), Trilliant Holdings (US), Kamstrup (Denmark), Tech Mahindra (India), Oracle (US), Cisco (US), Eaton (Ireland), ENEL X (Italy), Grid4C (US), Mitsubishi Electric (Japan), and Itron (US) among others. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global ring main unit market is projected to reach USD 3.4 billion by 2029, reflecting a compound annual growth rate (CAGR) of 5.7% during the forecast period. ABB Ltd. (Switzerland), Siemens (Germany), Eaton (Ireland), Schneider Electric (France), and LS Electric Co., Ltd. (South Korea), Lucy Electric (UK), CG power & industrial solutions (India), Tiepco (Saudi Arabia), Orecco (China), Entec Electric & Electronics (South Korea) are major competitors in the global ring main unit market.
The produced water treatment market is projected to reach USD 13.4 billion by 2029, at a CAGR of 4.7% during the forecast period. Some of the major players in the produced water treatment market are SLB (US), Baker Hughes Company (US), Siemens Energy (Germany), Veolia Environnement SA (France), TechnipFMC (UK). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The High voltage power transformer market is projected to reach USD 12.3 million by 2029, at a compound annual growth rate (CAGR) of 6.3% during the forecast period. Key players in the global High voltage power transformer market include Hitachi Energy (Japan), Siemens Energy (Germany), Schneider Electric (France), Toshiba Energy System & Solution Corporation (Japan), and General Electric (US).
The global diesel power engine market is projected growth to USD 25.2 billion by 2029, exhibiting a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period. Key players in the global diesel power engine market include Caterpillar (US), Cummins Inc. (US), WEICHAI POWER CO.,LTD (China), MAN (Germany), Rolls-Royce plc (UK), MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan), HD HYUNDAI INFRACORE (South Korea), DAIHATSU DIESEL MFG. CO., LTD. (Japan), YANMAR HOLDINGS CO., LTD. (Japan), KUBOTA Corporation (Japan), Kohler Energy (US), AB Volvo Penta (Sweden), DEUTZ AG (Germany), Mahindra & Mahindra Ltd. (India), IHI Power Systems Co.,Ltd (Japan), Guangzhou diesel engine factory Limited (China), and Wabtec Corporation (US).
The global hydrogen IC engines market is projected to reach USD 327 million by 2035, at a CAGR of 34.7% during the forecast period. Some of the major players in the hydrogen IC engines market are Wärtsilä (Finland), GARRETT MOTION INC. (Switzerland), BeHydro (Belgium), DEUTZ AG (Germany), MAN Energy Solutions (Germany). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global Air Quality Control Systems Market is projected to reach USD 150.7 billion by 2029, at a CAGR of 7.0% during the forecast period. Some of the major players in the Air Quality Control Systems market are Mitsubishi Heavy Industries (Japan), GE Vernova Inc (US), GEA (Germany), Daikin Industries, Ltd. (Japan) and Donaldson Company, Inc. (US) among others. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global sustainable fuel market is projected to reach USD 299.9 billion by 2029; it is expected to record a CAGR of 9.1% during the forecast period. Some of the major players in the sustainable fuel market are ADM (US), Shell plc (UK), Siemens Energy AG (Germany), Saudi Arabian Oil Co. (Saudi Arabia), and Chevron Corporation (US) among others. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The downhole tools market is projected to reach USD 7.8 billion by 2029, at a CAGR of 4.8% during the forecast period. Some of the major players in the downhole tools market are SLB (US), Baker Hughes Company (US), Halliburton Co (US), Tenaris (Luxembourg), TechnipFMC (France). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The global distribution automation market is projected to reach USD 36.5 billion by 2029, growing at a CAGR of 13.6% for the forecast period. Some of the major players in the distribution automation market are ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Eaton (Ireland), and General Electric Company (US). Other major players include S&C Electric Company (US), Toshiba (Japan), Landis+Gyr (Switzerland), Itron Inc (US), Hubbell (US), Xylem (US), Schweitzer Engineering Laboratories, Inc. (US) and G&W Electric (US). The major strategies adopted by these players include new product launches, contracts, agreements, partnerships, and expansions
The power transformer market is projected to reach USD 37.7 billion by 2029, at a compound annual growth rate (CAGR) of 6.2% during the forecast period. Key players in the global Power Transformer market include Hitachi Energy (Japan), Siemens Energy (Germany), Schneider Electric (France), Toshiba Energy System & Solution Corporation (Japan), and General Electric (US).
The air insulated switchgear market is projected to reach USD 85.9 billion by 2029, exhibiting a Compound Annual Growth Rate (CAGR) of 5.0% during the forecast period. Key players in the global AIS market include ABB (Switzerland), General Electric (US), Siemens (Germany), Schneider Electric (France), and Eaton (Ireland).
The global Micro combined heat and power market is projected to reach USD 4.8 billion by 2029, at a CAGR of 9.4% during the forecast period. Some of the major players in the Micro Combined heat and power market are AISIN CORPORATION (Japan), 2G Energy (Germany), BOSCH INDUSTRIEKESSEL GMBH (Germany), KyungDong Navien (South Korea), and YANMAR HOLDINGS CO., LTD. (Japan). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The global synthetic natural gas market is projected to reach USD 68.4 billion by 2029, at a CAGR of 23.4% during the forecast period. Some of the major players in the synthetic natural gas market are Basin Electric Power Cooperative (US), Air Liquide (France), EnviTec Biogas AG (Germany), Verbio SE (Germany), Kinder Morgan (US). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global distribution transformer market is projected to reach USD 24.9 billion by 2029, exhibiting a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period. Key players in the global distribution transformer market include Hitachi Energy Ltd. (Switzerland), Eaton Corporation (Ireland), Schneider Electric (France), Siemens Energy (Germany), Toshiba Energy Systems & Solutions Corporation (Japan), Mitsubishi Electric Corporation (Japan), Hyosung Heavy Industries Co., Ltd. (South Korea), CG Power and Industrial Solution Ltd. (India), and Hammond Power Solutions (Canada).
The global solid biomass feedstock market size is projected to reach USD 36.2 billion by 2029; it is expected to record a CAGR of 6.3% during the forecast period. Some of the major players in the solid biomass feedstock market are Stora Enso (Finland), Drax Group plc (UK), Segezha Group (UK), Enviva Inc. (US), and Lignetics, Inc. (US). The major strategies adopted by these players include new product launches, contracts, agreements, partnerships, and expansions.