Global investments in renewable power and clean energy continue to grow all over the world with continued upgrade in energy policies. Decreasing costs, continued research in technology improvements, and influence of new financin ....see more
The global distributed energy resource management system market is expected to grow from USD 286 million in 2021 to USD 750 million by 2026, at a compound annual growth rate (CAGR) of 21.2% during the forecast period.Some of the key players are Siemens (Germany), Schneider Electric (France), General Electric (US), ABB (Switzerland), Emerson (US)
The Offshore Wind Market is expected to grow from USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. The key players include General Electric (US), Vestas (Denmark), Siemens Gamesa (Spain), Goldwind (China), Shanghai Electric Wind Power Equipment Co. (China). The leading players are adopting various strategies to increase their share in the offshore wind market.
The environmental technology market is projected to reach USD 690.3 billion by 2026, at a CAGR of 4.6% during the forecasting period. The key market players in this market are AECOM (US), Lennox International (US), Teledyne Technologies Incorporated (US), Thermo Fisher Scientific Inc. (US), Abatement Technologies (US), Veolia (France), Waste Connections (US), Total SA (France), Covanta Holding Corporation (US), SUEZ (US), Biffa (England) and Hitachi Zosen Corporation (Japan), Carbon Clean (UK), Cypher Environmental (Canada), Svante Inc. (Canada), CarbonCure Technologies Inc. (Nova Scotia), Sunfire GmbH (Germany), BacTech Inc. (Canada), TRC Companies, Inc. (US), and Arcadis N.V. (Netherlands). These players have adopted expansions, joint ventures, mergers, acquisitions, agreements, collaborations, product launches, and partnerships as their growth strategies.
The Residential Energy Management Market is expected to grow from USD 2.2 billion in 2020 to USD 4.1 billion by 2025, at a CAGR of 12.9% during the forecast period. Some of the key players are ABB (Switzerland), Eaton (Ireland), Schneider Electric (France), Honeywell International (US), and Siemens (Germany).The leading players are adopting various strategies to increase their share in the residential energy management market. Partnership & collaboration, and new product launches have been a widely adopted strategy by the major players in the residential energy management market.
The global renewable drones market is expected to grow USD 148 million by 2025, at a CAGR of 27.1% during the forecasting period. Some of the key players are DJI Enterprise (China), Terra Drone (Japan), Aerodyne Measure (US), and DroneDeploy (US).The leading players are adopting various strategies to increase their share in the renewable drones market.
The global commercial water heaters market size is expected to grow a size of USD 7.7 billion by 2026, at a CAGR of 6.1% during the forecasting period, To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the comercial water heaters such as A.O. Smith Corporation (US), RHEEM Manufacturing Company (US), Rinnai Corporation (Japan), Solahart Industries (Australia), Carrier Global (US), Stiebel Eltron (Germany), etc. and other players such as Viessmann Group (Germany), NIBE Energy Systems (Sweden), Danfoss (Denmark), Valliant Group (Germany), American Water Heaters (US), Daikin (Japan), Mitsubishi Electric (Japan), Andrewes Water Heaters (Baxi Heating) (UK), and more.
The COVID-19 Impact on the Battery Energy Storage Market is expected to grow from USD 5.7 billion in 2020 to USD 7.3 billion by 2021, at a CAGR of 13.7% during the forecast period. The Asia Pacific region is projected to be the fastest growing market for battery energy storage during the forecast period. The market in Asia Pacific is expected to witness a moderate decline due to COVID-19 during the forecast period. The region is the largest market for battery energy storage systems and home to some of the fastest growing economies in the world. Asia Pacific also plans for electrification in remote areas, which are majorly off-grid in several countries. The governments of various countries are focusing on minimizing the adverse effects of the energy sector on the environment. Some of the major battery energy storage system manufacturers based in Asia Pacific are Samsung SDI, LG Chem, Hitachi, Panasonic, and NEC Corporation.
The renewable energy market is expected to grow from USD 184.3 billion in 2020 to USD 226.1 billion by 2021 at a compound annual growth rate (CAGR) of 22.7% during the forecast period.Key players in the global renewable energy market include Siemens Gamesa (Spain), Goldwind (China), General Electric (US), Orsted (Denmark), Canadian Solar (Canada), Jinko Solar (China), Vestas (Denmark), and SolarEdge (Israel). These players have broad industry coverage and high operational and financial strength.
The small hydropower market is expected to grow from USD 2.6 billion in 2019 to USD 3.0 billion by 2024, at a compound annual growth rate (CAGR) of 2.4% 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 small hydropower market. These include Voith (Germany), ANDRITZ (Austria), GE Renewable Energy (France), Toshiba (Japan), Siemens(Germany), BHEL (India), Gilbert Gilkes & Gordon (UK), and Flovel (India). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their respective market share.
The power-to-gas market is expected to grow from USD 26 million in 2019 to USD 42 million by 2024, at a compound annual growth rate (CAGR) of 10.1% 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 Hydrogenics (Canada), ITM Power (UK), McPhy Energy (France), Siemens (Germany),MAN Energy Solutions (Germany), Nel Hydrogen (Norway), ThyssenKrupp (Germany), Electrochaea (Germany), Exytron (Germany), and GreenHydrogen (Denmark) along with other prominent providers of power-to-gas technology.
The global heat meters market is expected to grow from an estimated USD 849.1 million in 2018 to USD 1,218.9 million by 2023, at a CAGR of 7.50%. In 2017, the market in Asia Pacific is estimated to be the largest, followed by Europe. Factors such as requirement for accurate measurement of heat consumption, legislative mandates to install heat meters, and increased savings through heat conservation are driving the market for heat meters. The global heat meter market is dominated by a few major players that have a wide regional presence. The leading players in heat meters market are Siemens (Germany), Diehl (Germany), Danfoss (Denmark), Kamstrup (Denmark), and Wasion Group (China). New product development was the most commonly adopted strategy by the top players. This was followed by investments & expansions and contracts & agreements.
The global grid-scale battery market is expected to be valued at USD 1.37 Billion in 2018 and is likely to grow at a CAGR of 33.52% during the forecast period to reach USD 5.82 Billion by 2023. The growth of this market can be attributed to the increasing investments in renewable energy, reducing costs of grid-scale batteries owing to technological advancements and expanded deployment, and government subsidies and regulations for enhancing energy efficiency. For an in-depth understanding of the competitive landscape, profiles of some of the top players in the grid-scale battery market have been included in the report. The major market players include LG Chem (South Korea), Samsung (South Korea), Panasonic (Japan), Fluence (US), Tesla (US), and BYD Company (China).
The global solar backsheet market is projected to grow at a CAGR of 7.02%, from 2018 to 2023, to reach a market size of USD 2.40 Billion by 2023, from an estimated market size of USD 1.71 Billion in 2018. The global market growth is driven by increasing global solar PV installations as well as policy support from governments to enable the adoption of renewable technologies, coupled with the rising need to reduce carbon emissions. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the solar backsheet market including Cybrid (China), Jolywood (China), Coveme (Italy), Krempel (Germany), and Hangzhou First (China).
The global bioliquid heat and power generation market is estimated to be USD 1.67 Billion in 2017 and is projected to grow at a CAGR of 6.54%, from 2017 to 2022, to reach a market size of USD 2.29 Billion by 2022. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the key players in the bioliquid heat and power generation market. These include REG (US), Neste (Finland), Kraton (US), BTG (Netherlands), and Olleco (UK). The leading players are trying to establish themselves in the markets in developing economies and are adopting various strategies to increase their market shares.
The air quality monitoring software market is expected to grow from an estimated USD 387.4 Million in 2017 to a projected USD 544.6 Million by 2022, at a CAGR of 7.05%, from 2017 to 2022. To provide an in-depth understanding of the competitive landscape, the report includes the profiles of some of the leading players in the air quality monitoring software market such as Environnement S.A. (France), Cambridge Environmental Research Consultants Ltd (UK), 3M Company (US), KISTERS AG (Germany), and Robert Bosch GmbH (Germany). The leading players are trying to gain footholds in the markets in developing countries and have been adopting various strategies to increase their market shares.
The digital utility market is expected to grow from an estimated USD 135.16 Billion in 2017 to USD 244.31 Billion by 2022, at a CAGR of 12.57%, from 2017 to 2022. To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the digital utility market. The key players include Accenture plc (Ireland), Cap Gemini S.A. (France), General Electric Company (U.S.), Siemens AG (Germany), SAP SE (Germany), and International Business Machines Corporation (U.S.), among others. The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
The global floating power plant market is expected to grow from an estimated USD 889.6 Million in 2017 to USD 1,440.1 Million by 2022, at a CAGR of 10.11%, from 2017 to 2022. To provide an in-depth understanding of the competitive landscape, the report includes the profiles of companies, such as MAN Diesel & Turbo SE (Germany), Mitsubishi Corporation (Japan), Wartsila (Finland), General Electric Company (U.S.), Siemens AG (Germany), Caterpillar, Inc. (U.S.), Ciel & Terre International (France), Floating Power Plant A/S (Denmark), Ideol (France), Kyocera Corporation (Japan), Principle Power, Inc.(U.S.), Upsolar (Hong Kong), Vikram Solar Pvt., Ltd. (India), Yingli Solar (China), and SeaTwirl AB (Sweden), among others. The dominant players are trying to gain a foothold in developing economies and are adopting various methods to grab the market share.
The top 10 power generation technologies market is expected to grow from an estimated USD 64.15 Billion in 2016 to USD 85.40 Billion by 2021. Factors such as increase in electricity consumption and subsequent investment in power generation capacity, and modernization of existing power generation infrastructure are driving the market worldwide.
The string inverter market is expected to grow from an estimated USD 2.61 Billion in 2016 to USD 3.89 Billion by 2021, registering a CAGR of 8.29% from 2016 to 2021. The global market is witnessing significant growth due to decrease balance of system cost, remove systems monitoring capabilities, and easy installation & customization.
The size of the global carbon capture & sequestration market is estimated to be USD 4.25 Billion in 2016, and is projected to grow at a CAGR of 13.6% from 2016 to 2021, to reach USD 8.05 Billion by 2021. Market growth is driven by factors such as the growing demand for power & CO2-EOR techniques and rising environmental concerns worldwide.
The Direct Methanol Fuel Cells (DMFC) market is expected to reach USD 188.82 Million by 2020, at a CAGR of 15.3% from 2015 to 2020. The growing demand for clean energy has been accompanied by depletion of fossil fuels, which has shifted the focus toward fuel cell markets. The DMFC market is still in its initial development phase in all the regions due to slow infrastructure development for refueling of fuel cells, technical limitations, and use of expensive materials for its manufacturing. Government initiatives and grants for fuel cell research, investments from financial institutions, high-energy storage density as compared with batteries and other fuel cells, growing demand for clean energy, and use of cheaper metals for its manufacturing are driving the growth of the global DMFC market.
Solar energy is amongst the most reliable and clean energy resources, and proves to be a viable alternative to fossil fuels that are currently responsible for polluting the environment and contributing to global warming. Solar energy is generated through various technologies viz. solar PV, solar thermal, concentrated solar thermal/power, and concentrated PV.
The report 'Coal Bed Methane (CBM) Market by Technology, Geography, Application, Regulation, Market Trends & Global Forecasts (2011 – 2021)' by MarketsandMarkets focuses on current reserves, basins, project developments, production as well as future potential. It identifies major drivers, restraints, opportunities and their current and future impacts. The report also includes company profiles for top players, competitive landscape and patent analysis.
Waste-to-energy (WtE) is the process wherein waste is treated to generate energy. This report looks at the WtE current and emerging technologies, key players in the market and the commercialization of such technologies.
The growing demand for energy is expected to exhaust the world’s crude oil reserves in another 40 years. The market price of crude oil reached $145 per barrel in the third quarter of 2008. Though the cost per barrel was around $60 in 2009, it is expected to rise in the next few years. These factors and fluctuating costs have created the need for other resources to meet the growing demand for fuel oil.
Global Wind Turbine Market, a rapidly growing market segment of global energy, has recorded double digit annual growth in past ten years and the market is expected to maintain this growth till 2015 by reinstalling and addition of new generation turbines as well as increasing the size and efficiency of the turbines.
This report provides indepth market assessment of the renewable energy. In this report, we have analysed the commercilisation angle for the technologies including Hydroelectricity, solar hot water/heating, geothermal energy, wind power, solar power, and ocean energy.