The global hydrogen market is expected to record a value of US$206.65 billion in 2028, progressing at a CAGR of 6.09%, over the period 2024-2028. The market experienced growth accruing to several factors such as rising consumption of agricultural fertilizers, escalating demand in metallurgical industries, mounting concerns regarding carbon emissions worldwide, surging demand for electricity gen ..
The global hydrogen electrolyzer market is expected to reach US$497.07 million in 2028, growing at a CAGR of 6.57%, for the duration spanning 2024-2028. The market growth was driven by various factors like increasing global carbon emissions, growing production of low-carbon hydrogen, increasing production of ammonia, increasing demand for margarine, increasing production capacity of menthol and ..
The U.S. automotive aftermarket is expected to record a value of US$494.01 billion in 2028, growing at a CAGR of 3.08%, for the duration spanning 2024-2028. The factors such as growth in automotive production, upsurge in used car sales, rising number of smartphone users, acceleration in electric vehicle sales and rapid urbanization would drive the growth of the market. However, the market growt ..
The global petrochemical market is forecasted to reach US$983.63 billion in 2028, experiencing growth at a CAGR of 6.20% during the period spanning from 2024 to 2028. Growth in the global petrochemical market was supported by factors such as rising population, growing demand for plastics, accelerating production of natural gas, abundant raw material availability in the Middle East and increasin ..
The global fuel cell market is expected to record a value of US$42.39 billion in 2028, progressing at a CAGR of 26.34%, over the period 2024-2028. Factors such as growing applications in electric and hybrid vehicles, rising unconventional oil and gas distribution activities, increasing demand for clean power generation methods, enlarging wireless surveillance industry, mounting environmental co ..
Market Insight:
Passive electronic components are those that do not generate electricity and are incapable of power gain. Passive electronic components collect energy and operate without the need of electricity.
Given the increasing use of MLCCs in different developing industries and applications (e.g., 5G infrastructure, 5G SP, server/cloud, and automoti ..
Executive Summary:
Wind energy is a form of renewable energy. Renewable energy is growing rapidly as many countries implement programmes to address climate change. When compared to many other energy sources, wind energy has a lower environmental effect. Wind turbines, with a few exceptions, do not generate pollutants that are harmful to the environment. Wind turbines may ..
Market Insight:
A residential solar PV system is one that generates less than or equal to 250kW of power. A typical residential solar panel installation of 65 by 39 inches has 72 cells.
The use of nonrenewable fuels and other sorts of energy resources endangers the environment, making solar power more crucial than ever. Solar energy consumption has expan ..
Market Insight:
Renewable diesel is a hydrocarbon that is chemically comparable to petroleum diesel and can be delivered in petroleum pipelines and sold at retail stations with or without blending with petroleum diesel.
Renewable diesel's increasing environmental friendliness, renewability, and biodegradability would be the primary factor driving market ex ..
Market Insight:
EaaS is a solution for increasing market acceptance of advanced, low-carbon technologies. Customers can pay for an energy service using the energy as a service business model without any prior capital commitment. EaaS providers are responsible for managing and monitoring the energy supply, minimising clients' operational expenses, and increasing profitabil ..