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 switchgear market is projected reach to USD 119.9 billion by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. Key players in the global switchgear market include ABB (Switzerland), General Electric (US), Siemens (Germany), Schneider Electric (France), and Eaton (Ireland).
The biomethane market is anticipated to witness substantial growth, projected to reach USD 60.2 billion by 2030, reflecting a compound annual growth rate (CAGR) of 28.7% throughout the forecast period. Key players in the global biomethane market include Air Liquide (France), Gasum Ltd. (Finland), Archae Energy (Texas), and OPAL Fuels (US).
The global e-fuels market is projected to reach USD 49.4 billion by 2030; it is expected to record a CAGR of 34.5% during the forecast period. Some of the major players in the e-fuels market are including Saudi Arabian Oil Co. (Saudi Arabia); Audi AG (Germany); Siemens Energy (Gemany); Chart Industries (US); Sunfire Gmbh (Germany); Mitsubishi Corporation (Japan); Repsol (Spain); and Norsk E-Fuel (Norway). The major strategies adopted by these players include contracts, agreements, partnership, collaborations, and expansions.
The global top 10 high and medium voltage products market is projected to reach USD 349.7 billion by 2028; it is expected to record a CAGR of 5.8% during the forecast period. Some of the major players in the top 10 high & medium voltage products market are Siemens (Germany), ABB (Switzerland), Hitachi (Switzerland), Schneider Electric (France), and Prysmian S.p.A. (Italy). The major strategies adopted by these players include sales contract, product launches, investments, collaborations, partnerships, and expansions.
The global hydrogen generation market is projected to reach USD 257.9 billion by 2028; it is expected to record a CAGR of 10.2% during the forecast period. Some of the major players in the hydrogen generation market are Air Liquide (France), Linde plc (Ireland), Air Products and Chemicals, Inc. (US), Shell plc (UK), and Saudi Arabian Oil Co. (Saudi Arabia). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global cryogenic equipment market is projected to reach USD 16.6 billion by 2028, it is expected to record a CAGR of 6.9% during the forecast period. Some of the major players in the cryogenic equipment market are including Linde plc (Ireland); Air Liquide (France); Air Products and Chemicals, Inc. (US); Chart Industries (US); Parker Hannifin Corp. (US); Flowserve Corporation (US); Nikkiso Co., Ltd. (Japan); and INOX India Limited (India). The major strategies adopted by these players include contracts, agreements, partnership, collaborations, and expansions.
The global air circuit breaker market size is projected to reach USD 4.1 billion by 2028, with a projected Compound Annual Growth Rate (CAGR) of 5.0% during the forecast period. ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Mitsubishi Electric (Japan), and Eaton (Ireland) stand out as major contributors to the industry. These companies have established themselves as leaders in the field and are known for their cutting-edge technologies and comprehensive product portfolios. In addition to these industry giants, there are several other notable players that play significant roles in the global air circuit breaker market. These include CG Power and Industrial Solutions (India), LS ELECTRIC (South Korea), Fuji Electric (Japan), Havells (India), Hitachi (Japan), C&S Electric (France), Toshiba Corporation (Japan), Entec Electric & Electronics (India), and various others.
The global Solid oxide fuel cell market is projected to reach USD 5.4 billion by 2028; it is expected to record a CAGR of 31.0% during the forecast period. Some of the major players in the solid oxide fuel cell market are Bloom Energy (US), AISIN CORPORATION (Japan), KYOCERA Corporation (Japan), MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan), and MIURA CO., LTD. (Japan). The major strategies these players adopt include new product launches, contracts, agreements, partnerships, and investments & expansions.
The Marine VFD market is projected to reach USD 1.6 billion by 2030, at a CAGR of 5.0% during the forecast period. The Marine VFD market is dominated by a few major players that have a wide regional presence. The major players in the Marine VFD market are Siemens (Germany), ABB (Switzerland), Danfoss (Denmark), General Electric (US), and Rockwell Automation (US). Between 2019 and 2023, Strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions are followed by these companies to capture a larger share of the Marine VFD market.
The global hydrogen energy storage market is projected to reach USD 196.8 billion by 2028; it is expected to record a CAGR of 76.8% during the forecast period. Some of the major players in the hydrogen energy storage market are Linde plc (Ireland), Plug Power Inc. (US), ENGIE (France), Iwatani Corporation (Japan), and FuelCell Energy, Inc. (US). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, and expansions.
The submarine power cable market is projected to reach USD 22.3 billion by 2028, at a CAGR of 11.5% during the forecast period. Some of the major players in the Submarine power cable market are Prysmian S.p.A (Itlay), Sumitomo Electric Industries Ltd. (Japan), LS cable & system Ltd. (South Korea), NKT A/S (Denmark), and Nexans (France). The major strategies adopted by these players include sales contract, product launches, investments, collaborations, partnerships, and expansions.
The global biofuel market is projected to reach USD 225.9 billion by 2028; it is expected to record a CAGR of 6.2% during the forecast period. Some of the major players in the biofuel market are ADM (US), Chevron (US), Valero (US), Neste (Finland), and Cargill, Incorporated (US). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global dry type transformer market is projected to reach USD 9.2 billion by 2028; it is expected to record a CAGR of 6.8% during the forecast period. Some of the major players in the dry type transformer market are Schneider Electric (France), Siemens Energy (Germany), Hitachi, Ltd. (Japan), Eaton (Ireland), TOSHIBA CORPORATION (Japan). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, and expansions.
The global Blue ammonia market is projected to reach USD 7,664 million by 2030; it is expected to record a CAGR of 62.3% during the forecast period. Some of the major players in the blue ammonia market are Yara International ASA (Norway), Saudi Arabian Oil Company Saudi Aramco (Saudi Arabia), MA'ADEN Ma'aden (Saudi Arabia), CF Industries Holdings, Inc. CF Industries (US), Qatar Fertiliser Company (QAFCO) Qatar Fertiliser Company (Qatar), Shell plc (United Kingdom), Air Products and Chemicals, Inc. Air Products and Chemicals (US), and OCI (Netherlands). The major strategies these players adopt include mergers & acquisitions, contracts, agreements, partnerships, and investments & expansions.
The market for vacuum contactor is projected reach of USD 5.5 billion by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period. ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Schneider Electric (France), GE (US), and Mitsubishi Electric (Japan) are a few of the major players. The market's top players are using a variety of tactics to gain market share for vacuum contactor.
The global artificial lift market is projected to reach USD 9.0 billion by 2028; it is expected to record a CAGR of 4.4% during the forecast period. Some of the major players in the artificial lift market are SLB (US), Baker Hughes Company (US), Halliburton (US), Weatherford (US), and ChampionX (US). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, collaborations, and expansions.
The grid-forming inverter market is projected to reach USD 1,042 billion by 2028, at a CAGR of 8.9% during the forecast period. Major players operating in the grid-forming Inverter market include Huawei Technologies Co. Ltd. (China), General Electric (US), SMA Solar Technology (Germany), Games Electric (Spain) and FIMER Group (Italy).
The hybrid power solutions market is projected to reach USD 4.0 billion by 2028, at a CAGR of 10.4% during the forecast period. Some of the major players in the hybrid power solutions market are General Electric (US), Vertiv Group Corp. (US), Vestas (Denmark), Wärtsilä (Finland), and SMA Solar Technology AG (Germany). The major strategies adopted by these players include sales contract, product launches, investments, collaborations, partnerships, and expansions.
The global Hydrogen market size is projected to reach USD 410.6 billion by 2030; it is expected to record a CAGR of 7.8% during the forecast period. Some of the major players in the hydrogen market are Linde plc (Ireland), Air products and Chemicals, Inc. (US), Air Liquide (France), Worthington Industries (US), Cryolor (France), Hexagon Purus (Norway), and NPROXX (Netherlands). The major strategies these players adopt include merger & acquisitions, contracts, agreements, partnerships, and investments & expansions.
The global Distributed control system market size is projected to reach USD 26.7 billion by 2028, it is expected to record a CAGR of 6.1% during the forecast period. Some of the major players in the distributed control system market are Siemens (Germany), ABB (Switzerland), Schneider Electric (France), Emerson Electric Co. (US), and Honeywell International Inc. (US). The major strategies these players adopt include new product launches, contracts, agreements, collaborations, partnerships, acquisitions, and investments & expansions.
The global hydraulic fracturing market is projected to reach USD 74.4 billion by 2028; it is expected to record a CAGR of 7.4% during the forecast period. Some of the major players in the hydraulic fracturing market are Halliburton (US), SLB (US), Liberty Oilfield Services LLC (US), Baker Hughes (US), and NexTier Oilfield Solutions (US). The major strategies adopted by these players include acquisitions, contracts, agreements, and expansions.
The global circuit breaker market is projected to reach USD 8.6 billion by 2028, registering a CAGR of 5.5% during the forecast period. The key players in the circuit breaker market include companies such as ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Mitsubishi Electric (Japan), and Eaton (Ireland).
The power management system market size is projected to reach USD 7.5 billion by 2028, at a CAGR of 5.4% during the forecast period. Some of the major players in the power management system market are ABB (Switzerland), Siemens (Germany), Schneider Electric (US), General Electric (US), Emerson Electric (US). The major strategies adopted by these players include acquisitions, sales contracts, product launches, partnerships.
The global Lithium iron phosphate batteries market is projected to reach USD 35.5 Billion by 2028; it is expected to record a CAGR of 14.9% during the forecast period. The lithium iron phosphate batteries market is dominated by a few major players that have a wide regional presence. The major players in the lithium iron phosphate batteries market include BYD Company Ltd. (China), Contemporary Amperex Technology Co., Limited. (China), Gotion, Inc. (US), CALB (China), and A123 Systems LLC (US). Between 2018 and 2022, Strategies such as contracts, agreements, partnership, product launches, and expansions are followed by these companies to capture a larger share of the lithium iron phosphate batteries market.
The global In-circuit test market is projected to reach USD 1.4 billion by 2028; it is expected to record a CAGR of 3.6% during the forecast period. Some of the major players in the in-circuit test market are Teradyne Inc. (US), Test Research Inc. (TRI) (Taiwan), Keysight Technologies (US), Hioki E.E Corporation (Japan) and Kyoritsu Electric Corporation (Japan). The major strategies these players adopt include new product launches, contracts, agreements, partnerships, and investments & expansions.
The global fuel cell generator market is projected to reach USD 2.1 billion by 2030, at a CAGR of 25.4% during the forecast period. The fuel cell generator market is dominated by a few major players that have a wide regional presence. The major players in the fuel cell generator market include Bloom Energy (US), Doosan Fuel Cell Co., Ltd. (South Korea), Ballard Power Systems (Canada), ABB (Switzerland), and Loop Energy Inc. (Canada). Between 2018 and 2022, Strategies such as contracts, agreements, partnership, merger, acquisitions, and expansions are followed by these companies to capture a larger share of the fuel cell generator market.
The global high voltage cables and accessories market is projected to reach USD 52.5 billion by 2028; it is expected to record a CAGR of 5.6% during the forecast period. The high voltage cables and accessories market is dominated by a few major players that have a wide regional presence. The major players in the high voltage cables and accessories market are Prysmian Group (Italy), Sumitomo Electric Industries Ltd. (Japan), Nexans (France), LS Cable & System Ltd. (South Korea), and NKT A/S (Denmark). Between 2019 and 2023, strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions are followed by these companies to capture a larger share of the high voltage cables and accessories market.
The global Transformer Oil market size is projected to reach USD 3.0 billion by 2030; it is expected to record a CAGR of 5.9% during the forecast period. Some of the major players in the transformer oil market are Nynas AB (Sweden), Ergon, Inc. (US), PetroChina Company Limited (China), Shell (UK), APAR Industries Limited (India), and Calumet Specialty Products Partners, L.P. (US). The major strategies these players adopt include new product launches, contracts, agreements, partnerships, acquisitions, and investments & expansions.
The ac circuit breaker market size is projected to reach USD 5.3 billion by 2028, at a CAGR of 5.3% during the forecast period. The overall key players are Siemens (Germany), Schneider Electric (France), Eaton (US), Mitsubishi Electric (Japan), General Electric (US), Rockwell Automation (US), BRUSH Group (UK), HD Hyundai Electric Co., Ltd. (South Korea), Chint Electrics (China), Suntree Electric Group Co., Ltd. (China), Toshiba Corporation, (Japan), Shanghai Liangxin Electric Co., Ltd. (China), Sécheron Hasler Group (Switzerland), Panasonic Corporation (Japan), Fuji Electric (Japan), Powell Industries (US), Legrand (France), Alstom (France), and TE Connectivity (Switzerland).
The global Pressure vessels market size is projected to reach USD 62.7 billion by 2028; it is expected to record a CAGR of 4.5% during the forecast period. The pressure vessels market is dominated by a few major players that have a wide regional presence. The major players in the pressure vessels market are Bharat Heavy Electricals Limited (India), Mitsubishi Hitachi Power Systems (Japan), IHI Coproration (Japan), Babcock & Wilcox (US), LKARSEN & TOURBO LIMITED (India). Between 2018 and 2022, Strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions are followed by these companies to capture a larger share of the pressure vessels market.
The global Portable power station market size is projected to reach USD 1.1 billion by 2028; it is expected to record a CAGR of 18.4% during the forecast period. The portable power station market is dominated by a few major players that have a wide regional presence. The major players in the portable power station market include Goal Zero (US), Jackery (US), Duracell (US), EcoFlow (US), Anker Innovation (US), and Lion Energy (US). Between 2018 and 2022, Strategies such as contracts, agreements, partnership, merger, acquisitions, and expansions are followed by these companies to capture a larger share of the portable power station market.
The synchronous generator market is projected to reach USD 5.9 billion by 2028, at a CAGR of 4.6% during the forecast period. The synchronous generator market is dominated by a few major players that have a wide regional presence. The major players in the synchronous generator market are ABB (Switzerland), WEG (Brazil), Siemens Energy (Germany), Meidensha Corporation (Japan), and Andritz (Austria). Between 2018 and 2022, Strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions are followed by these companies to capture a larger share of the synchronous generator market.
The global refinery and petrochemical filtration market size is projected to reach USD 6.1 billion by 2028 and it is expected to record a CAGR of 6.0% during the forecast period. Some of the major players in the refinery and petrochemical filtration market are 3M (US), Pall Corporation (US), Parker Hannifin Corporation (US), Eaton (Europe), and Pentair Filtration Solutions, LLC (US). The major strategies adopted by these players include acquisitions, product launches, agreements, alliances, partnerships, and expansions.
The global centrifugal pump market is projected to reach USD 51.5 billion by 2028; it is expected to record a CAGR of 5.4% during the forecast period. Product launches are among the key growth strategies adopted by a few leading companies, including Xylem Inc. (US), Sulzer (Switzerland), KSB (Germany), Grundfos Holding A/S (Denmark), and Flowserve Corporation (US), to enhance their position in the centrifugal pump market. Apart from product launches, companies operating in this market also focus on contracts and agreements to enhance their market share and regional presence.
The global circuit monitoring market is projected to reach USD 829 million by 2028; it is expected to record a CAGR of 4.7% during the forecast period. The circuit monitoring market is dominated by a few major players that have a wide regional presence. The major players in the circuit monitoring market are ABB (Switzerland), Schneider Electric (France), Eaton (Ireland), Toshiba International Corporation (Japan), and Legrand (Ireland). Between 2019 and 2023, Strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions are followed by these companies to capture a larger share of the circuit monitoring market.
The global diesel engines market size is projected to reach USD 78.8 billion by 2028; it is expected to record a CAGR of 4.3% during the forecast period. Some of the major players in the diesel engines market are Caterpillar (US), Cummins Inc. (US), Volvo Penta (Sweden), Hyundai Heavy Industries (South Korea), and MAN Energy Solutions (Germany) to boost their position in the diesel engines market. Companies operating in this market also focus on product launches, agreements, and contracts to increase their market shares and expand their geographic presence.
The global remote power panel market is projected to reach USD 1.4 billion by 2028, at a CAGR of 4.8% during the forecast period. The power grid market is dominated by a few major players that have a wide regional presence. The major players in the power grid market are Schneider Electric (France), ABB (Switzerland), Toshiba International Corporation (Japan), Vertiv Group Corporation (US), and Socomec (France). Between 2019 and 2023, strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions are followed by these companies to capture a larger share of the power grid market.
The pad–mounted switchgear market size is projected to reach USD 7.1 billion by 2028, at a CAGR of 5.1 % during the forecast period. The overall key players are Eaton (Ireland), Hubbell (US), ABB (Switzerland), G&W Electric (US), S&C Electric (US), Powell (US), Federal Pacific (US), Entec Electric & Electronic (South Korea), NOJA Power (Australia), TIEPCO (Saudi Arabia), Ghorit Electricals (China), Ningbo Tianan Group (China), Trayer Switchgear (US), KDM Steel (China), Switchgear Power Systems (US), Park Detroit and Park Electric (US), Beijing Kylin Power & Technology (China), Telawne Power Equipments Pvt. Ltd. (India), Ormazabal (Brazil), and Actom (Boksburg).
The global carbon offset/carbon credit market size is projected to reach USD 1,602.7 billion by 2028; it is expected to record a CAGR of 31.0% during the forecast period. Some of the major players in the carbon offset/carbon credit market are South Pole Group (Switzerland), 3Degrees (US), Finite Carbon (US), EKI Energy Services Ltd. (India), and NativeEnergy (US) to boost their position in the carbon offset market. Companies operating in this market also focus on product launches, agreements, and contracts to increase their market shares and expand their geographic presence.
The global Biomass power generation market size is projected to reach USD 105.7 Billion by 2028; it is expected to record a CAGR of 3.0% during the forecast period. The biomass power generation market is dominated by a few major players that have a wide regional presence. The major players in the biomass power generation market ENGIE (France), Babcock & Wilcox Enterprises, inc. (US), Xcel Energy Inc. (US), EPH (Czechia) and Ørsted A/S (Denmark). Between 2018 and 2022, Strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions are followed by these companies to capture a larger share of the biomass power generation market.
The global power grid market is projected to reach USD 367.4 billion by 2028, at a CAGR of 5.4% during the forecast period. Some of the major players in the power grid market are Hitachi Energy(Switzerland), Siemens(Germany), General Electric(US), Schneider Electric(France), and Mitsubishi Electric(Japan). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The global small gas engines market is projected to reach USD 4.3 billion by 2028, growing at a CAGR of 5.4% during the forecast period. The Small gas engines market is dominated by a few major players that have a wide regional presence. The leading players in the small gas engines market are Briggs & Stratton (US), Honda Motor Co. (Japan), Yamaha Motor Corporation (Japan), Kohler Co. (US), Kawasaki Heavy Industries, Ltd. (Japan), MITSUBISHI HEAVY INDUSTRIES, LTD (Japan).
The global carbon footprint management market is projected to reach USD 30.8 billion by 2028, at a CAGR of 22.2% during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players, such as Schneider Electric (France), SAP (Germany), IBM (US), Salesforce (US) and ENGIE (France) along with other prominent vendors of carbon footprint management.
The global Energy efficient motor market is projected to reach USD 59.3 billion in 2028, expected to grow at a CAGR of 7.3% during the forecast period. Some of the major players in the energy efficient motor market are Regal Rexnord Corporation (US), ABB (Switzerland), Siemens (Germany), Wolong Electric Group Co., Ltd (China), and Nidec Corporation (Japan). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The global superconducting wire market is projected to reach USD 1.7 billion by 2028. It is expected to record a CAGR of 9.2% during the forecast period. Some of the major players in the superconducting wire market are Sumitomo Electric Industries, Ltd. (Japan), Fujikura Ltd. (Japan), Furukawa Electric Co., Ltd. (Japan), Bruker (US), and American Superconductor (US). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The Power device analyzer market is projected to reach USD 600 million by 2027, at a CAGR of 5.0% during the forecast period. The major players dominating the power device analyzer market are Keysight Technologies (US), Yokogawa (Japan), Hioki E E Corporation (Japan) and Fluke Corporation (US). These players are adopting various strategies such as new product launches to increase their share globally in the market
The global high-speed engine market is projected to reach USD 29.9 billion by 2028, at a CAGR of 4.0% during the forecast period. Caterpillar (US), Volvo Penta (Sweden), Cummins Inc. (US), MAN Energy Solutions (Germany), Rolls-Royce Holdings PLC (UK), Doosan Infracore (South Korea), Yanmar Holdings Co., Ltd. (Japan), IHI Power Systems Co., Ltd. (Japan), Mitsubishi Heavy Industries Engine & Turbochargers (Japan), Deutz AG (Germany), Honda Motor Co., Ltd. (Japan), Wartsila (Finland), Hyundai Heavy Industries Co., Ltd. (South Korea), John Deere (US), Anglo Belgian Corporation nv (Belgium), Weichai Power Co., Ltd. (China), Kohler Co. (US), FPT Industrial (Italy), Isotta Fraschini Motori S.p.A. (Italy), and Kirloskar Oil Engines (India).
The global pressure control equipment market is projected to reach USD 8.9 billion by 2027; it is expected to record a CAGR of 5.4% during the forecast period. Some of the major players in the pressure control equipment market are SLB (US), Weatherford (US), NOV Inc (US), Baker Hughes Company (US), and The Weir Group PLC (UK). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The geothermal energy market is projected to reach USD 9.4 billion by 2027; it is expected to record a CAGR of 5.9% during the forecast period. The companies such as Ormat (US), Mitsubishi Heavy Industries (Japan), Baker Hughes Company (US), NIBE Group (Sweden), and SLB (US) are leading the geothermal energy market.
The global Portable generators market is projected to reach USD 2.9 billion in 2027, at a CAGR of 6.0% 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 Portable generators market. These include Generac (US), Honda (Japan), Yamaha (Japan), Atlas Copco (Sweden), Cummins (US).