Hybrid power solutions market is expected to grow at a CAGR of 15.3% during the forecast period. The major factors contributing to the growth of the market include the increasing demand for renewable energy sources and rapid industrialization across the globe. As per the International Renewable Energy Agency (IRENA), China’s total operating solar
Fuel cell market is estimated to grow at a CAGR of 20.0% during the forecast period. The major factors offering an opportunity for the growth of the market include the increasing demand for electric vehicles and government initiatives for the adoption of fuel-cell technology. As per the International Energy Agency (IEA), The global stock of electri
The global Energy as a Service (EaaS) market is estimated to grow at a significant CAGR during the forecast period. The major factors contributing to the growth of the market include rising industrialization across the globe and increasing focus on reducing energy costs. As per the European Commission, buildings are accountable for nearly 36% of CO
Landfill Gas (LFG) contains a mixture of various gases formed by the action of microorganisms within a landfill. The global landfill gas market is projected to grow at a CAGR of 4.2% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the growing shift towards renewable energy sources owing to the
The inverter generator market is projected to propagate at a CAGR of 5.5% during the forecast period (2021-2027). Inverter generators are machines that produce electricity in 3 phases (AC current, then converts it to DC current and then again converts it back to AC current). They are used to generate power in commercial spaces, campsites, jobsites,