The Building Automation System Market is expected to grow from USD 84.2 billion in 2023-e to USD 200.6 billion by 2030, at a CAGR of 13.2% during the forecast period. A Building Automation System is a network of interconnected hardware and software designed to monitor and control a building's various systems, such as heating, ventilation, air conditioning (HVAC), lighting, security,...

The Distributed Generation Market was valued at USD 252.6 billion in 2023-e and will surpass USD 779.2 billion by 2030; growing at a CAGR of 17.5% during 2024–2030. Distributed generation refers to the production of electricity from many small energy sources rather than large centralized plants. These decentralized systems, often located close to the point of use, include...

The Global In-Pipe Hydro Systems Market size was accounted for USD 104.2 Million in 2024 and is likely to reach USD 139.8 Million by 2031, expanding at a CAGR of 4.8% during 2024–2031. The growth of the In-pipe Hydro Systems industry is driven by several key factors. Firstly, increasing global demand for renewable energy solutions, coupled with efforts to reduce carbon footprints, has...

The Electric Vehicle (EV) Market is experiencing unprecedented growth, driven by technological advancements, increasing environmental awareness, and supportive government policies. According to the latest report from Market Insights Inc., the global electric vehicle market is expected to reach USD 1,000.8 billion by 2030, expanding at a compound annual growth rate (CAGR) of 11.7% from 2023 to...

The Energy Storage Market is propelled by several growth factors. Firstly, the increasing integration of renewable energy sources like solar and wind power demands efficient storage solutions to manage intermittency. Secondly, grid modernization initiatives worldwide drive the need for energy storage systems to enhance grid reliability and flexibility. Thirdly, the rising adoption of electric...

The global vehicle electrification market was valued at USD 89.26 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 9.9% from 2023 to 2030. The growth of this market is largely driven by the automotive industry's increasing demand for alternatives to petroleum-based fuels and the growing government initiatives aimed at promoting environmentally...

Hydrogen Energy Storage Industry The global hydrogen energy storage market size is expected to reach USD 21.66 billion by 2030, registering a CAGR of 4.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The supportive developments and policy support from countries around the world will boost the growth of the market in the near future. Over the forecast...

The Global Renewable Biodiesel Market was valued at $53.1 billion in 2023, and is projected to reach $71.2 billion by 2031, growing at a CAGR of 4.5% from 2024 to 2031. The renewable biodiesel market is experiencing robust growth, driven by escalating environmental concerns and a global push for sustainable energy solutions. As countries intensify efforts to reduce carbon emissions and...

The electric vehicle (EV) market is experiencing an unprecedented boom. As global awareness of climate change intensifies, the shift from internal combustion engines to electric powertrains has accelerated. With advancements in battery technology, policy support from governments, and growing consumer demand, the EV market is poised for remarkable growth. This comprehensive analysis delves...