The fuel cell market size was valued at $3.6 billion in 2020, and is estimated to reach $32.0 billion by 2030, growing at a CAGR of 19.4% from 2021 to 2030. A fuel cell is a device that generates electricity through an electrochemical reaction between a fuel, typically hydrogen, and an oxidant, typically oxygen or …
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The thermal energy storage market size was valued at $20.8 billion in 2020, and is estimated to reach $51.3 billion by 2030, growing at a CAGR of 8.5% from 2021 to 2030. Thermal energy storage (TES) is a technology that allows excess thermal energy to be stored for later use. TES systems are commonly used …
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The jet fuel market size was valued at $187.79 billion in 2021, and is estimated to reach $296.41 billion by 2031, growing at a CAGR of 4.7% from 2022 to 2031. Jet fuel is a type of fuel used to power aircraft, typically jet engines. Jet fuel is a highly refined petroleum product that is …
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The gas water heater market size was valued at $7.42 billion in 2021, and gas water heater market forecast is estimated to reach $12.41 billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031. A gas water heater is a device that heats water using natural gas or propane as a fuel …
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The natural gas generator market size was valued at $5.5 billion in 2021, and is estimated to reach $10.4 billion by 2031, growing at a CAGR of 6.6% from 2022 to 2031. A natural gas generator is a device that generates electricity using natural gas as a fuel source. Natural gas generators are often used …
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The biogas plant market was valued at $3.8 billion in 2022, and is estimated to reach $5.6 billion by 2032, growing at a CAGR of 4.3% from 2023 to 2032. A biogas plant is a facility that generates biogas, a renewable energy source, from organic waste materials through a process called anaerobic digestion. Organic waste …
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Allied Market Research published a new report, titled, “Alpha Olefin Market” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the …
The gas engine market size was valued at $4.2 billion in 2021, and gas engine industry is estimated to reach $6.0 billion by 2031, growing at a CAGR of 3.8% from 2022 to 2031. A gas engine, also known as an internal combustion engine, is a type of heat engine that converts the energy from …
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The power quality equipment market size was valued at $28.5 billion in 2021, and is estimated to reach $49.6 billion by 2031, growing at a CAGR of 5.8% from 2022 to 2031. Power quality equipment refers to devices and systems that are used to maintain and improve the quality of electrical power. Power quality refers …
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The electric insulator market size was valued at $12.6 billion in 2021, and electric insulator industry is estimated to reach $20.8 billion by 2031, growing at a CAGR of 5.2% from 2022 to 2031. An electric insulator, also known as a dielectric, is a material that does not conduct electricity and is used to prevent …
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