Energy Market Research Reports

The global microgrids market revenue is forecast to increase from $3.37 billion in 2022 to $8.00 billion in 2030. While North America is projected to remain the largest regional market over the forecast period, the Asian region is expected to outpace its growth. With a largely secure grid infrastructure, the European Union has limited microgrid dev...

Blue hydrogen production is among the topmost growing segments of the carbon capture, utilization, and storage (CCUS) market. The blue hydrogen sector is estimated to grow exponentially after 2024, mainly driven by immense government support, such as funding, incentives, and regulations for its development and deployment. In addition, the demand fo...

06 Feb 2023  |  Global  |  Market Research

Battery Energy Storage Growth Opportunities

Renewed Governmental Support for Clean Energy Transition Propels an Already Fast growing Industry

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Global battery energy storage (BES) deployment grew 51.8% in 2022 from 2021, with 17.54 GW/38.2 GWh commissioned. 2022 was a historic turning point in the clean energy transition. Despite constraints in the supply of critical minerals and materials, shipping, and sitting and permitting processes, BES is a burgeoning technology poised for accele...

There is a lack of innovation and product differentiation in the Telecom power market, where many end users are still using old legacy systems. In order to gain market share, Telecom power manufacturers need to come up with technically advanced and innovative products that address the current customer frustrations and also evolving needs. One of th...

Title: Breakthrough Technologies Advancing the Future of Alternative Fuels Production Abstract: There is an increasing need for a substitute for fossil fuels to create a cleaner and more sustainable energy system. Alternative fuel along with renewable energy is the most desired clean energy option. Adoption of alternative fuels is driven by the pos...

The widespread deployment of batteries in power systems and transportation applications is expected to face challenges related to the raw material supply chain and the environmental impact of the materials. Current energy storage systems are expensive and difficult to scale, mainly due to the cost and performance of the battery chemistry. The cutt...

Onshore wind energy involves the harvesting of wind power from wind turbines set up on land. The growing popularity of onshore wind as a suitable alternative to meet country-specific clean energy targets, along with strong regulatory support, is driving the growth of the global onshore wind turbine market. Repowering of aging onshore wind farms, es...

The Global Generator Sets database monitors and forecasts growth opportunities and growth outlooks for applications and end user segments affecting the Global Genset Market. The database covers historical data from 2010 and forecasts through 2023. Revenue and unit forecasts in key performance areas will get companies ahead of the competition. We...

Gas generator sets will play an important role in the energy mix of Europe, principally for prime power applications. Mainly used in industrial and commercial applications, the gas genset market is being driven by increasing renewable power generation, which creates the need for flexible baseload power to compensate for the intermittent nature of r...