Press Releases from Fortune Business Insights™ (2243 total)
Power Magnetics for MV AC Drive Market - Top Key Leaders, Industry Analysis, Siz …
Global Power Magnetics for MV AC Drive Market Highlights:
The global power magnetics for MV AC drive market size is expected to showcase exponential growth by reaching USD 1.48 billion by 2027 while exhibiting a CAGR of 5.4% between 2020 and 2027.
Power magnetics mainly consists of several components such as inductors, transformers, chokes, and current sensors. These products are extensively adopted to design and manufacture medium voltage AC drives. The advanced…
Ultra-Low Temperature Freezer Market Is Expected to Witness with Strong Growth r …
The global ultra-low temperature freezer market size was USD 547.0 million in 2019 and is projected to reach USD 783.1 million by 2027, exhibiting a CAGR of 4.6% during the forecast period
The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Ultra-Low Temperature Freezer Market share, types, applications, growth factor, key…
Modular Construction Market to reach USD 114.78 Billion by 2028
The global modular construction market size is expected to gain momentum by reaching USD 114.78 billion by 2028 while exhibiting a CAGR of 6.1% between 2021 and 2028. This information is published by Fortune Business Insights in its latest report, titled, "Modular Construction Market, 2021-2028." The report further observes that the market stood at USD 72.11 billion in 2020.
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Top Companies present in the Modular Construction Market…
Instrument Transformers Market 2022 Industry Growth, Size, Share, Top Players, E …
Global Instrument Transformers Market Highlights:
Instrument Transformer Market Size, Share and Global Trend By Type (Current Transformer, Potential Transformer, Combined Transformer), By Installation (Outdoor, Indoor), By Power Rating (Less than 250kV, 250kV to 500kV, Above 500kV), By Cooling (Dry Type, Oil Immersed), By Phase (Single, Three), By End-Users (Residential & Commercial, Industrial, Utility) and Regional By 2029
Instrument Transformers are the select type of transformers used for measurement of voltage, frequency, current,…
Wireless Power Transmission Market 2022: In-Depth Research With Emerging Growth …
Global Wireless Power Transmission Market Highlights:
Wireless Power Transmission Market Size, Share and Global Trend By Technology (Inductive, Magnetic Resonance, Conductive, RF,Infrared), By Range (Near Field, Far Field), By Application (Consumer Electronics, Automotive, Industrial, Healthcare, Defence, Others) and Regional By 2029
Wireless power transmission is fast and can be used over short & long distances. With the evolving technology, there has been an urge for the introduction of wireless transmission devices. Wireless…
Natural Gas Liquid Market -Industry Analysis, Size, Share, Growth, Trends, Segme …
Global Natural Gas Liquid Market Highlights:
Natural Gas Liquid Market Size, Share and Global Trend By Product (Ethane, Propane, Butane, Pentane, and Others), By Application (Petrochemical Feedstock, Space Heating, Blend Stock, and Others), and Regional By 2029
There is an increase in demand for energy around the world and specifically in remote locations. The liquefied natural gas occupies a very low volume which makes it cost efficient to be transported over long…
Telecom Generator Market 2022 Industry Growth, Size, Share, Top Players, Emergin …
Global Telecom Generator Market Highlights:
The global telecom generator market size was USD 1.20 billion in 2019 and is projected to reach USD 1.78 billion by 2027, exhibiting a CAGR of 7.10% during the forecast period.
The telecom sector needs constant connection to a reliable power source to enable users such as hospital staff, police personnel, emergency responders, and many more to remain connected with steady communications. Generator sets are extensively used…
Coiled Tubing Services Market 2022 Reach Valued At $ 6.73 billion And Grow At A …
Global Coiled Tubing Services Market Highlights:
The global coiled tubing services market size was USD 5.52 billion in 2019 and is projected to reach USD 6.73 billion by 2027, exhibiting a CAGR of 5.3% during the forecast period.
The rising oil demand has led to heavy investment in drilling operations, in turn, boosting the growth of the market. The surging economic development is expected to create opportunities for the market during the…
Lead Acid Battery for Energy Storage Market 2022: In-Depth Research With Emergin …
Global Lead Acid Battery for Energy Storage Market Highlights:
The global lead acid battery for energy storage market size was valued at USD 7.36 billion in 2019 and is projected to reach USD 9.73 billion by 2027, exhibiting a CAGR of 3.6% during the forecast period.
Lead-acid batteries are the oldest and some of the most reliable battery storage systems, costing substantially lower than lithium-ion batteries. Moreover, these batteries can be effectively…
Hydro Turbines Market | 2022 Size, Growth Insights, Share, Covid-19 Impact, Emer …
Global Hydro Turbines Market Highlights:
Hydro Turbines Market Size, Share and Global Trend By Turbine Type (Impulse Turbine, Reaction Turbine), By Head Type (Low Head Turbine (Up to 30m), Medium Head Turbine (30 to 300m), High Head Turbine (Above 300m)), By Installation Site (Small Hydro Power Plant (Up to 1 MW), Medium Hydro Power Plant (1 MW - 10 MW), Large Hydro Power Plants (Above 10MW)) and Regional By 2029
Hydroelectric power…
Hybrid Drill Bits Market 2022: In-Depth Research With Emerging Growth Trends, Re …
Global Hybrid Drill Bits Market Highlights:
Hybrid Drill Bits Market Size, Share and Global Trend By Drill Type (Directional Drill, Vertical Drill), By Application (Onshore, Offshore) and Regional By 2029
Hybrid drill bit technology is a combination of more than one drill bit designs used now-a-days for oil & gas well drilling. The Hybrid drill bit is specially designed for very hard and abrasive sandstone interbedded with shale and siltstone. Some of…
Solar Cell Busbar Market Trends, Market Share, Industry Size, Opportunities, Ana …
Global Solar Cell Busbar Market Highlights:
Solar Cell Busbar Market Size, Share and Global Trend By Type(Upto 2BB, 3BB to 5BB, More than 5BB), By Application(Monocrystalline, Polycrystalline, Thin Film), By End User(Residential, Commercial, Industrial, Utilities), and Regional By 2029
In a solar panel, there's a thin strip of copper or aluminum between cells that conducts electricity which is called Busbar. It separates solar cells which can be seen in a square pattern…
Power Rental Market 2022 Industry Growth, Size, Share, Top Players, Emerging Tre …
Global Power Rental Market Highlights:
The global power rental market size was USD 8.85 billion in 2020. The market is projected to grow from USD 9.78 billion in 2021 to USD 16.70 billion in 2028 at a CAGR of 7.9% during the 2021-2028 period.
Key Industry Developments:
October 2020 - Aggreko launched the 1 MW solar power rental solution. This newly launched solution is optimized for weak or off-grid applications and delivers clean…
Outdoor Power Equipment Market 2022 Net Worth Is Us$ 40.86 Billion And Forecasts …
Global Outdoor Power Equipment Market Highlights:
The global outdoor power equipment market size was USD 27.26 billion in 2020. The market is projected to grow from USD 28.60 billion in 2021 to USD 40.86 billion in 2028 at a CAGR of 5.2% in the 2021-2028 period.
Key Industry Developments:
November 2021 - Husqvarna Group has made a settlement agreement with Briggs & Stratton, LLC regarding the supply chain of engines for ride-on mowers,…
Automotive Fuel Cell Market 2021 Reach Valued At $ 34.63 billion And Grow At A 5 …
Global Automotive Fuel Cell Market Highlights:
The global automotive fuel cell market size was USD 1.07 billion in 2020. The market is projected to grow from USD 1.73 billion in 2021 to USD 34.63 billion in 2028 at a stellar CAGR of 53.5% in the 2021-2028 period.
Key Industry Developments:
In July 2021- Ballard Power Systems received an order from Siemens to deliver a coupled of its 200-kilowatt (kW) fuel cell modules for…
Green Ammonia Market Industry Analysis, Opportunities, Segmentation & Forecast 2 …
Global Green Ammonia Market Highlights:
Green Ammonia Market Size, Share & Industry Analysis, By Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), Solid Oxide Electrolysis (SOE)), By End-user (Power generation, Transportation, Industrial Feedstock) and Regional By 2029
Key Industry Developments:
In April 2020- ITM Energy received a project by the UK Government to provide green hydrogen solutions to produce renewable hydrogen by using 100 MW electrolyzers.
To Understand Long -Term And Short-Term Impact…
Bioethanol Market -Industry Analysis, Size, Share, Growth, Trends, Segmentation …
Global Bioethanol Market Highlights:
Bioethanol Market Size, Share and Global Trend By Feedstock (Starch-Based, Sugar-Based, Cellulose Based, Others), By Application (Transportation Fuel, Power Generation, Cosmetic, Pharmaceutical, Chemical, Others) and Regional By 2029
Key Industry Developments:
In July 2019-Waste to bioproducts producer Greenbelt Resources has teamed up with New Age Renewable Energy to offer a sustainable solution for processing dairy industry wastes into bioproducts.
To Understand Long -Term And Short-Term Impact Of Covid-19 On This…
Battery Management System Market 2022: In-Depth Research With Emerging Growth Tr …
Global Battery Management System Market Highlights:
Battery Management System Market Size, Share and Global Trend By Type (Centralized, Distributed, Modular), By Battery Type (Lithium-ion Battery, Lead-Acid Battery, Nickel Battery, Flow Battery, Others), By Application (Automotive, Energy Storage, Consumer Electronics, Renewables, Telecom, Healthcare, Military & Defence, Others) and Regional By 2029
Key Industry Developments:
In July 2019- Vertical Partners West LLC announced a collaborative agreement with Teledyne Energy Systems Inc for expansion of the…
Water Scale Removal Market 2021 Reach Valued At $ 434.9 million And Grow At A 3. …
Global Water Scale Removal Market Highlights:
The global water scale removal market size was USD 335.7 million in 2020. The market is expected to grow from USD 348.7 million in 2021 to USD 434.9 million in 2028 at a growth rate of 3.2% in the 2021-2028 period.
Key Industry Developments:
In May 2021, LeeSan, one of the leading marine sanitation specialists, introduced its LeeSan branded cleaning and descaling products. LeeScale Biodegradable Descaler/limescale remover…
Green Hydrogen Generator Market 2021 Reach Valued At $ 325.1 million And Grow At …
Global Green Hydrogen Generator Market Highlights:
The global green hydrogen generator market size was USD 200.9 million in 2020. The market is projected to grow from USD 222.4 million in 2021 to USD 325.1 million in 2028 at a CAGR of 5.6% during the 2021-2028 period.
Key Industry Developments:
October 2020 - GTT has acquired Areva H2Gen. Areva H2Gen is engaged in the conception and assembly of electrolyzers for the production of green…
Feed Mixer Market will gain USD 890.5 Million by 2028 at a CAGR of 3.5%
The global feed mixer market is set to gain momentum from the increasing competition among manufacturers in terms of the launch of innovative after sales services, automated feeding systems, and precision feed measurement. As per the report, the market size is projected to grow from USD 698.6 million in 2021 to USD 890.5 million in 2028 at a CAGR of 3.5% during the forecast period. It stood at USD 678.6…
Static and Rotating Equipment Market : In-Depth Research With Emerging Growth Tr …
Global Static and Rotating Equipment Market Highlights:
The global static and rotating equipment market size was USD 29.08 billion in 2020. The market is projected to grow from USD 29.84 billion in 2021 to USD 38.90 billion in 2028 at a CAGR of 3.9% in the 2021-2028 period.
Key Industry Developments:
March 2021 - ASCO Norge AS signed an agreement for the delivery of base services for INEOS' drilling operation of the Fat…
Automotive Engine Oil Market Segmentation& Analysis, Industry Growth Forecast 20 …
The global automotive engine oil market is set to gain momentum from the increasing demand for lower viscosity motor oil as they are capable of enhancing the fuel economy. Many OEMs have also begun recommending these types of oils to enhance performance. Fortune Business Insights™ provided this information in a recent report, titled, "Automotive Engine Oil Market Size, Share & Industry Analysis, By Grade (Mineral, Synthetic and Semi-synthetic), By Engine…
Aerospace Composites Market Future Demand, Global Research, Top Leading Players, …
According to a research study by Fortune Business Insights™ the global aerospace composites market size is expected to reach USD 29.69 billion by 2026 exhibiting a CAGR of 9.27% between 2019 and 2026. This is owing to the rapid development of the aerospace market into developing nations of the world. Aerospace composites are made up of two or more constituent parts of plastic supported by carbon fibers. Composites help to…
Lithium Market Revenue, Growth, Trends, Business Opportunities, Analysis and For …
The global lithium market size was USD 3.64 billion in 2020. The market is projected to grow from USD 3.83 billion in 2021 to USD 6.62 billion in 2028 at a CAGR of 8.1% during the 2021-2028 period. This information is provided by Fortune Business Insights™ in its report titled, "Lithium Market, 2021-2028." According to our researchers, prompt progressions in the rechargeable batteries for laptops, mobile phones, Electric Vehicles (EVs),…
Surface Disinfectant Market Size, Global Industry Analysis and Opportunity by 20 …
The global surface disinfectant market is set to gain impetus from the emergence of the COVID-19 pandemic worldwide. It has surged the need for this disinfectant as people are persistently sanitizing the places and objects that are coming into frequent human contact for reducing the impact of the virus. This information is given by Fortune Business Insights™ in a recent report, titled, "Surface Disinfectant Market Size, Share & Industry Analysis,…
Water Purifier Market Growth& Forecast Report by 2028; Major Growth Opportunitie …
The global water purifier market size is expected to reach USD 47.53 billion by 2028, exhibiting a CAGR of 7.2% during the forecast period. The advent of technologically advanced smart water purifier will bolster healthy growth of the market, states Fortune Business Insights in a report, titled "Water Purifier Market, 2021-2028" the market size stood at USD 27.51 billion in 2020. The introduction of user-friendly purifiers will spur demand in…
Logging While Drilling Market Share, Industry Demand, Growth Rate, SWOT Analysis …
Logging While Drilling Market | 2022 Energy And Power Industry Global Analysis by Covid-19 Impact On, Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2029 is latest study published by Fortune Business Insights.
Request a Sample Copy of Logging While Drilling Market Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/101919
Global Logging While Drilling Market Highlights:
Increasing Demand for Energy and Power Activities to Drive Market
Logging while drilling systems…
Soy Lecithin Market Size, Share, Growth, Sales and Drivers Analysis Research Rep …
The global soy lecithin market size is expected to gain momentum by reaching USD 740.62 million by 2028 while exhibiting a CAGR of 4.72% between 2021 to 2028. In its report titled "Soy Lecithin Market, 2021-2028," Fortune Business Insight mentions that the market stood at USD 525.82 million in 2020 and USD 536.18 million in 2021.
Lecithin is a necessary fat in the body. It is extracted from soy oil, and…
Intelligent Pump Market Status, Growth Opportunity, Size, Trends, Key Industry O …
Intelligent Pump Market | 2022 Energy And Power Industry Global Analysis by Covid-19 Impact On, Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2029 is latest study published by Fortune Business Insights. The global intelligent pump market size was USD 0.78 billion in 2020. The market is projected to grow from USD 0.80 billion in 2021 to USD 1.32 billion in 2028 at…
Dry Fruits Market Size, Share, Growth, Sales and Drivers Analysis Research Repor …
According to Fortune Business Insights™, the global dry fruits market will derive growth from the growing adoption in confectionery products and healthy snacks. the market will benefit from the increasing adoption of dry fruits in dietary supplements.
Dry fruits are known for their long shelf life due to the fact that water from these fruits is removed completely through various processes in order to minimize the chances of molecular reactions. The…
Synchronous Condenser Market Demand, Rising Trends and Technology Advancements 2 …
Synchronous Condenser Market | 2022 Energy And Power Industry Global Analysis by Covid-19 Impact On, Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2029 is latest study published by Fortune Business Insights. The Europe biogas plant market size was USD 1.67 billion in 2020. The market is expected to grow from USD 1.87 billion in 2021 to USD 3.47 billion in 2028 at…
Soybean Oil Market Size, Share, Supply, Demand, Segments and Forecast 2021-2028
The global soybean oil market size is set to experience dynamic growth owing to the rising demand for soybean oil from the automobile industry, finds Fortune Business Insights™ in its report, titled " Soybean Oil Market, 2021-2028".
The soybean oil serves as a plasticizer for hydrochloric acid released when the PVC degrades thermally. There is a high demand for soybean oil from the automobile industry as this type of oil is…
Commercial Seaweed Market Growth, Size, Demand, Trends, Insights and Forecast 20 …
The global commercial seaweed market size is projected to reach USD 24.92 billion by 2028, exhibiting a CAGR of 7.51% during the forecast period. In 2020, the market's value stood at USD 14.11 billion and it is expected to touch USD 15.01 billion in 2021, highlights Fortune Business Insights™ in its report, titled "Commercial Seaweed Market, 2021-2028".
Potential Benefits of Seaweeds for COVID-19 Patients May Favor Market Growth
Seaweeds and their derivatives…
Instant Noodles Market Size, Trends, Global Growth, Insights and Forecast Resear …
The global instant noodles market share is expected to reach USD 72.69 billion by 2027 while exhibiting a CAGR of 5.9% between 2020 and 2027. This is attributable to the increasing middle-class population that is propelling the demand for affordable noodles products globally. This information is published by Fortune Business Insights, in its latest report, The report further mentions that the market stood at USD 44.11 billion in 2019 and…
Processed Meat Market Size, Segments, Share and Growth Factor Analysis Research …
The global processed meat market size is anticipated to reach USD 862.97 billion by 2027. The size was USD 519.41 billion in 2019 and is also likely to display a decent CAGR of 6.24% during the forecast period. As per our analysts, the growth of the market is on account of the rapid-paced lifestyle and rising population of salary workers, the consumption percentage of pre-packed cooked food products has augmented,…
Food Enzymes Market Growth, Size, Share, Demand, Trends and Forecasts to 2027
The global food enzymes market size is expected to rise considerably owing to extensive adoption of clean-labeled and natural ingredients in food & beverage industry. Fortune Business Insights, in its latest report, titled "Food Enzymes Market Size, Share & Industry Analysis, By Source (Microbes, Plants, and Animals), Type (Carbohydrases, Proteases, Lipases and Others), Application (Bakery, Dairy, Beverages, Nutraceuticals and Other Processed Foods), and Regional Forecast, 2020 - 2027.", further observes…
Impact of COVID-19 on Confectionery Market Trends, Growth, Share, Size and Forec …
The global Impact of COVID-19 on confectionery market size is projected to reach USD 188.52 billion in 2020, down from USD 202.63 billion forecasted before the coronavirus outbreak, as per the special Fortune Business Insights™ report on this market, titled "Impact of COVID-19 on the Confectionery Market Size, Share, Industry Analysis and Regional Forecast 2019-2026". As the number of coronavirus cases around the world continues to escalate, currently numbering at…
Distributed Energy Generation Market 2022: In-Depth Research With Emerging Growt …
Global Distributed Energy Generation Market Highlights:
Distributed Energy Generation Market Size, Share & Industry Analysis By Technology (Solar PV, Wind Turbine, Fuel Cell, Gas Turbine, Others), By Application (Industrial, Residential, Commercial) And Regional By 2029
Distributed generation can service a single structure, such as a home or company, or be part of a microgrid such as at a massive industrial complex, military base, or college campus. Solar photovoltaic (PV), Wind are examples…
Mining Lifting Equipment Market Trends, Market Share, Industry Size, Opportuniti …
Global Mining Lifting Equipment Market Highlights:
Mining Lifting Equipment Market Size, Share & Industry Analysis By Type (Scissor Lift, Articulated Lift, Others), By Application (Original Equipment Manufacturer, Aftermarket) And Regional By 2029
Mining lifting equipment is mainly used for underground and open-pit mining operations. In addition, they are also used in lifting and lifting operations in the construction industry. The demand for cranes and cranes from the mining industry continues to increase.…
Microgrid Control System Market | 2022 Size, Growth Insights, Share, Covid-19 Im …
Global Microgrid Control System Market Highlights:
Microgrid Control System Market Size, Share & Industry Analysis By Type (On-Grid, Off-Grid), By Application (Hardware, Software), By Ownership (Private, Public), By End-User (Residential and Commercial, Industrial, Utility) And Regional By 2029
The microgrid guarantees power supply in the event of a power outage or power outage. It also shares the load connected to the primary grid and provides additional support. As the demand for electricity…
Smart Grid Market - Top Key Leaders, Industry Analysis, Size, Share And Covid 19 …
Global Smart Grid Market Highlights:
The global Smart Grid Market size amounted to USD 29.45 billion in 2020. The market value is slated to grow from USD 35.07 billion in 2021 to USD 140.53 billion in 2028 at a CAGR of 21.9% throughout the forecast period.
Smart grid refers to an advanced power supply network that uses digital communications technology to detect, react to local changes in supply, and enable the network's…
Smart Meter Market | 2022 Size, Growth Insights, Share, Covid-19 Impact, Emergin …
Global Smart Meter Market Highlights:
The global smart meter market size stood at USD 24.53 billion in 2018 and is projected to reach USD 44.18 billion by 2026, exhibiting a CAGR of 7.7% during the forecast period.
Smart meter provides two-way communication and acts as a medium between customers and service providers. This allows for improved efficiency, subsequently aiding the demand for the product across the world. Modern smart meters allow for…
Gas Turbine Market 2022: In-Depth Research With Emerging Growth Trends, Regional …
Global Gas Turbine Market Highlights:
The Global Gas Turbine Market size is projected to reach USD 17.29 billion by 2028, exhibiting a CAGR of 3.3% during the forecast period. the market size stood at USD 13.41 billion in 2020 and USD 13.80 billion in 2021.
A gas turbine is an internal and continuous combustion engine that consists of a downstream turbine on the same shaft as compressors, an upstream rotating gas compressor,…
Printed Circuit Board Market Trends, Market Share, Industry Size, Opportunities, …
Global Printed Circuit Board Market Highlights:
Printed Circuit Board Market Size, Share & Industry Analysis, By Type (Single-Sided, Double-Sided, Multi-Layer, HDI), By Substrate (Rigid, Flexible, Rigid-Flex), By End-User (IT & Telecommunication, Consumer Electronics, Industrial Electronics, Automotive, Aerospace and Defence, Others) And Geography And Regional 2029
Printed circuit boards provide mechanical support and connect the electronic components such as a battery, resistors, transistors, LEDs, inductors, capacitors, and several other electronic components. PCB also…
Gasoline Market Trends, Market Share, Industry Size, Opportunities, Analysis And …
Global Gasoline Market Highlights:
Gasoline Market Size, Share and Global Trend By Application (Cars, Sport Utility Vehicles, Light Trucks, and Motorcycles, Recreational Vehicles, Yacht, and Boats, Small Aircraft, Equipment and Tools, Electricity Generators, Others) And Geography And Regional 2029
It is primarily used as a fuel in spark-ignited internal combustion engines. It contains mostly organic compounds obtained by the process of fractional distillation of petroleum. Gasoline is added with a variety of…
Industrial Boilers Market | 2022 Size, Growth Insights, Share, Covid-19 Impact, …
Global Industrial Boilers Market Highlights:
Industrial Boilers Market Size, Share And Global Trend By Type (Fire-Tube, Water-Tube), By Function (Hot Water, Steam), By Fuel Type (Natural Gas & Biomass, Oil, Coal), By End User (Food & Beverages, Chemical, Oil & Gas, Manufacturing, Others), And Geography And Regional 2029
An Industrial Boiler Can Be Used In Multiple Industries, Such As Food And Beverages Including Breweries, Building Material, Wood, Paper, Chemical, Oil & Gas,…
LPG Market will Record Rapid Growth, Emerging Trend, Industry Analysis till 2028 …
Global LPG Market Highlights:
The LPG Market size was valued at USD 128.48 billion in 2020. The market valuation is predicted to rise from USD 129.17 billion in 2021 to USD 211.96 billion in 2028 at a CAGR of 7.3% during the analysis timeline. Increasing demand for autogas and supportive initiatives for the product adoption will drive the market growth, states Fortune Business Insights in its report titled "LPG Market, 2021-2028."
Liquefied…
Fuel Cell Market 2022 Reach Valued At $ 28.95 billion And Grow At A 36.0% CAGR F …
Global Fuel Cell Market Highlights:
The Fuel Cell market is projected to grow from USD 3.36 billion in 2021 to USD 28.95 billion in 2028 at a CAGR of 36.0% during the 2021-2028 period. The global fuel cell market size was USD 2.62 billion in 2020.
A fuel cell is a type of device consisting of a cathode and an anode submerged in an electrolyte medium to effectively conduct and generate electricity.…
Hydrogen Generation Market 2022: In-depth Research with Emerging Growth Trends, …
Global Hydrogen Generation Market Highlights:
The global hydrogen generation market is expected to reach USD 220.37 billion by 2028, exhibiting a CAGR of 5.6% during the forecast period. The study further mentions that the market size was USD 145.67 billion in 2020.
The market is set to gain traction from the high demand for fuel cell-based buses and electric vehicles (EVs), especially in North America and Asia Pacific. In December 2019, Hyundai,…
