Press Releases from Allied Analytics LLP (3477 total)
IoT in Aviation Market to aid Growth of $8.6 Billion by 2031 | Size, Trends, Sha โฆ
The IoT in Aviation Market size was valued at $1.3 billion in 2021, and is estimated to reach $8.6 billion by 2031, growing at a CAGR of 20.5% from 2022 to 2031.
North America includes the U.S., Canada, and Mexico across which the IoT in aviation market has been studied. The North America IoT in aviation market is expected to grow at a significant rate during the forecast period, due toโฆ
Freight Trucking Market to Perceive Incremental Opportunity of $4,457.4 Bn by 20 โฆ
According to a new report published by Allied Market Research, titled, "Freight Trucking Market," The freight trucking market size was valued at $2,732.00 billion in 2021, and is estimated to reach $4,457.4 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031.
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๐จ๐ซ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.alliedmarketresearch.com/freight-trucking-market-A07132
Asia-Pacific is expected to dominate the global freight trucking market in 2021. The growth of the market in Asia-Pacific is majorly attributed toโฆ
Water scooter market is projected to cross $2.21 Bn by 2026 | Statistics and Gro โฆ
Water scooter is a recreational watercraft, which mimics a motor scooter. It is used for various adventures on the sea coasts or are used by coast guards to ensure safety at beaches. Various forms of water scooters are available in the water scooter market such as Jet Ski and water jet bikes, which operate above the water surface as well as diver propulsion vehicles (DPVs), which are used for deepโฆ
Autonomous train technology market is projected to hit $15,568.6 Mn by 2026 | St โฆ
According to a recent report published by Allied Market Research, titled, "Autonomous Train Technology Market by Grade of Automation, Train Type, Technology and Component: Global Opportunity Analysis and Industry Forecast, 2019-2026" the global autonomous train technology market was valued at $5.88 billion in 2018, and is projected to reach $15.57 billion by 2026, registering a CAGR of 12.9% from 2019 to 2026.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ- https://www.alliedmarketresearch.com/autonomous-train-technology-market/purchase-options
At present, Canada dominates theโฆ
Automotive Differential Market Poised to Grow $32,293.6 million by 2030 | Size, โฆ
The automotive differential, an integral part of the front and/or rear axle assembly, plays a pivotal role in vehicles by enabling the wheels to move at varying speeds. It forms a crucial component of the automotive driveline, responsible for distributing torque and power to the wheels during driving operations. The primary objective of this system is to ensure the delivery of proportional RPMs between two interconnected wheels. Additionally, the salesโฆ
Low Voltage Circuit Breaker Market Forecast | APAC Fastest Growing by Japan, Sin โฆ
According to a new report published by Allied Market Research, The global low voltage circuit breaker market size was valued at $3.4 billion in 2019, and is projected to reach $4.4 billion by 2027, growing at a CAGR of 4.9% from 2020 to 2027.
A low voltage circuit breaker is an electrical device designed to protect low voltage electrical circuits from damage caused by excessive current flow. It is typically usedโฆ
Automatic Transfer Switch Market | Asia-Pacific Fastest Growing by South Korea, โฆ
According to a new report published by Allied Market Research, the automatic transfer switch market was valued at $0.7 billion in 2022, and is estimated to reach $1.8 billion by 2032, growing at a CAGR of 10.1% from 2023 to 2032.
An Automatic Transfer Switch (ATS) is an electrical device used to automatically switch the power supply between two sources in order to provide uninterrupted power to a load, such asโฆ
Gas Lift System Market Future | North America Fastest Growing by US
According to a new report published by Allied Market Research, the gas lift system market was valued at $1.8 billion in 2022, and is estimated to reach $3.8 billion by 2032, growing at a CAGR of 7.6% from 2023 to 2032.
Gas lift systems are widely used in the oil and gas industry, particularly for mature wells where natural reservoir pressure has declined. The flexibility and cost-effectiveness of gas lift makeโฆ
Advanced Driver Assistance System (ADAS) market to reach $133.7 billion by 2032 โฆ
Advanced Driver Assistance Systems (ADAS) encompass a suite of features and technologies integrated into automobiles, aiming to enhance drivers' comfort, safety, and overall driving efficiency. ADAS relies on a variety of sensors, cameras, and communication systems to continuously surveil the vehicle's surroundings. By identifying potential hazards, ADAS can promptly issue alerts or initiate automated responses, mitigating or preventing collisions and other traffic-related issues.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ- https://www.alliedmarketresearch.com/ADAS-market/purchase-options
The advanced driver assistanceโฆ
Satellite payload market to reach $17,603.4 Bn by 2030 | Industry Growth Catalys โฆ
As per a recent report released by Allied Market Research titled "Global Opportunity Analysis and Industry Forecast, 2021-2030," the satellite payload market exhibited a value of $8.21 billion in 2020, with a projected growth to $17.60 billion by 2030, indicating a Compound Annual Growth Rate (CAGR) of 8.3% from 2021 to 2030.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.alliedmarketresearch.com/satellite-payloads-market/purchase-options
The North American satellite payload market has witnessed significant growth attributed to the expansionโฆ
Automated Guided Vehicle Market to Reach US$ 13.52 billion with a CAGR of 16.6% โฆ
According to a recent report by Allied Market Research, the global automated guided vehicle market is projected to reach US$ 13.52 billion by 2027, registering a CAGR of 16.6% from 2020 to 2027.
By region, presently, Asia-Pacific dominates the market, followed by Europe, North America, and LAMEA. China dominated the automated guided vehicle market share in 2019 and Africa is anticipated to exhibit a remarkable growth during the forecast period.
Moreover, owingโฆ
Automotive Ethernet Market Grow at CAGR of 14.4% and Reach US$ 8.8 Billion by 20 โฆ
According to a new report by Allied Market Research, The automotive ethernet market is estimated to reach US$ 8.8 billion by 2031, growing at a CAGR of 14.4% from 2022 to 2031.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ถ๐๐ฒ ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐
The widespread use of advanced driver assistant systems (ADAS), infotainment, the quick advancement of autonomous vehicle technology, and the low cost of ethernet have all contributed to the enormous growth of automotive ethernet because it connectsโฆ
Ride-Sharing Market CAGR of 13.2% in Sales and Reach US$ 205.8 Billion by 2030
According to a recent report by Allied Market Research, the global ride sharing market is projected to reach $205.83 billion by 2030, registering a CAGR of 13.2% from 2021 to 2030.
Europe is the highest revenue contributor, followed by Asia-Pacific, North America, and LAMEA. On the basis of forecast analysis, Asia-Pacific is expected to lead during the forecast period, owing to technological advancements, rise in preference amongst the people for ride-sharingโฆ
Connected Motorcycle Market CAGR 39.6% in Revenue and Reach US$ 304.1 million by โฆ
According to a recent report by Allied Market Research, the global connected motorcycle market is projected to reach US$ 304.1 million by 2027, registering a CAGR of 39.6% from 2020 to 2027.
By region, Europe dominated the market, followed by North America, Asia-Pacific, and LAMEA in 2019. Germany dominated the Europe connected motorcycle market share in 2019, and Africa is anticipated to exhibit a remarkable growth during the forecast period.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐โฆ
Connected Car Market CAGR 17.1% in Sales and Reach US$ 225.16 billion by 2027
According to a recent report by Allied Market Research, the global connected car market is projected to reach $225.16 billion by 2027, registering a CAGR of 17.1% from 2020 to 2027.
North America dominated the global connected car market in terms of revenue in 2019, followed by Europe, Asia-Pacific and LAMEA. During the forecast period, Europe is expected to experience growth in the global connected car market owing to a betterโฆ
Lithium-ion Battery Market: Energy Storage Dynamics | 15.2% Growth Rate
According to a new report published by Allied Market Research, The lithium-ion battery market size was valued at $46.2 billion in 2022, and lithium-ion battery industry is estimated to reach $189.4 billion by 2032, growing at a CAGR of 15.2% from 2023 to 2032.
Lithium-ion batteries have revolutionized the way we power portable electronics, electric vehicles, and various other applications. Ongoing research and development aim to address challenges and further improveโฆ
Solar Tracker Market: Sun Path Insights & Emerging Technologies
According to a new report published by Allied Market Research, The solar tracker market size was valued at $8.9 billion in 2021, and is estimated to reach $16.0 billion by 2031, growing at a CAGR of 6.1% from 2022 to 2031.
Solar tracker play a role in enhancing the overall performance of solar power systems, especially in situations where maximizing energy production is a priority. The decision to use solar trackersโฆ
Circuit Breakers Market: Electrifying Growth | APAC Fastest Growing by South Kor โฆ
According to a new report published by Allied Market Research, The circuit breakers market size was valued at $9.4 billion in 2020, and is estimated to reach $17.8 billion by 2030, growing at a CAGR of 6.3% from 2021 to 2030.
Circuit breakers are essential components in electrical safety systems, providing a critical layer of protection against electrical faults and ensuring the reliable and safe operation of electrical circuits. They areโฆ
Submarine Market to Grow at a CAGR of 4% to Reach US$ 33.9 Billion by 2031
According to a new report, the submarine market is estimated to reach $33.9 billion by 2031, growing at a CAGR of 4%.
A submarine is a watercraft that is capable of operating independently underwater. Submarines are the centerpieces of naval fleets due to their ability to complement other strategic resources and multi-operational capabilities. To meet different demands, there are submarines with different capabilities such as nuclear powered submarines, ballistic missile submarines,โฆ
Adaptive Optics Market to Reach US$ 4.9 Billion With a CAGR of 25.6% by 2031
As per the report, the global adaptive optics industry is set to reach $4.9 billion by 2031, growing at a CAGR of 25.6% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.
Drivers, restraints, and opportunities
Surge in cases of retinal degenerative disorders and growing demand for adaptive optics in astronomical activities boost the growthโฆ
Aircraft Mounts Market to Reach US$ 1.15 Billion With a CAGR of 7.3% by 2030
According to a recent report published by Allied Market Research, The global Aircraft Mounts market is projected to reach $1,153.5 million by 2030, registering a CAGR of 7.3% from 2021 to 2030.
North America leads the market, in terms of revenue, followed by Asia-Pacific, Europe, and LAMEA. North America is one of the prominent markets owing to the improvement in aircraft fleet by government and military agencies in the region. Largeโฆ
FMCG Logistics Market to Reach US$ 1,400.80 Billion With a CAGR of 4.6% by 2027
The global FMCG logistics market is projected to reach $1,400.80 billion by 2027, registering a CAGR of 4.6% from 2020 to 2027. By mode of transportation, the roadways segment was the highest revenue contributor in 2019, accounting for $431.66 billion, and is estimated to reach $518.08 billion by 2027, registering a CAGR of 3.30% during the forecast period. In 2019, Asia-Pacific was anticipated to account for major market share.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซโฆ
Used Cars Market to Grow at a CAGR of 6.5% to Reach US$ 2.7 trillion by 2031
According to a new report published by Allied Market Research, titled, "Used Cars Market," The used cars market was valued at $1.4 trillion in 2021, and is estimated to reach $2.7 trillion by 2031, growing at a CAGR of 6.5% from 2022 to 2031.
Europe currently dominated the global used cars market in 2021. This is primarily due to the rise in fuel and new car prices and the adoption ofโฆ
Diesel Generator Market | APAC Dominate by South Korea, China, Singapore, Japan
According to a new report published by Allied Market Research, The diesel generator market size was valued at $20.8 billion in 2019, and is projected to reach $37.1 billion by 2027, growing at a CAGR of 9.8% from 2020 to 2027.
A diesel generator is a type of electrical generator that uses a diesel engine to convert mechanical energy into electrical energy. These generators are commonly used as backup power sourcesโฆ
Virtual Power Plant Market | APAC CAGR of 26%+ by Japan, South Korea, Singapore, โฆ
According to a new report published by Allied Market Research, The global Virtual Power Plant market size was valued at $1.3 billion in 2019, and is projected to reach $5.9 billion by 2027, growing at a CAGR of 21.3% from 2020 to 2027.
A virtual power plant (VPP) is a concept in the energy industry that refers to a network of decentralized, interconnected power sources that are managed as a single,โฆ
Portable Power Station Market: Unplugged Power | North America & APAC Region Wil โฆ
According to a new report published by Allied Market Research, The portable power station market size was valued at $4 billion in 2021, and portable power station industry is estimated to reach $5.9 billion by 2031, growing at a CAGR of 3.9% from 2022 to 2031.
A portable power station is a battery-powered device that can provide electrical power for various devices and appliances. These devices are typically designed to beโฆ
Renewable Energy Market: The Rise of Renewables | ACAC 9%+ Growing by South Kore โฆ
According to a new report published by Allied Market Research, The global renewable energy market size was valued at $881.7 billion in 2020, and is projected to reach $1,977.6 billion by 2030, growing at a CAGR of 8.4% from 2021 to 2030.
Renewable energy refers to energy that is generated from naturally replenishing sources, which are not depleted when used. These sources are considered sustainable over the long term because theyโฆ
Ride-Hailing Service Market to Reach US$ 126,521 Million With a CAGR of 16.5% by โฆ
According to the report, the global ride-hailing service market is expected to reach $126.52 billion by 2025, registering a CAGR of 16.5% from 2018 to 2025.
High demand for on-demand transportation services, creation of new jobs in urban and semi-urban areas, and advent of connected & electric vehicles drive the growth of the market. However, low internet penetration in developing economies and stringent government policies hinder the market growth. On theโฆ
Electric Vehicle Charging Station Market to Reach US$ 226.3 Billion With a CAGR โฆ
According to a new report the electric vehicle charging station market is estimated to reach $226.3 billion by 2031, growing at a CAGR of 30.5% from 2022 to 2031.
Asia-Pacific is expected to dominate the global market during the forecast period. An increase in electric vehicle population and a rise in vehicle standards fuel the growth of the Asia-Pacific electric vehicle charging station market. Moreover, various technological advancements related to electricโฆ
Automotive Camera Module Market to Reach US$ 16,223.8 Million with a CAGR of 11. โฆ
The global automotive camera module market is projected to reach 16,223.8 Million by 2028, registering a CAGR of 11.9% from 2021 to 2028.
According to a recent report published by Allied Market Research, titled, "Automotive Camera & Camera Module by Type, Application, Technology, Vehicle Type, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2028," In terms of revenue, North America leads the market, followed by Europe, Asia-Pacific, and LAMEA.
Theโฆ
Paralleling Switchgear Market: Powering the Future of Electrical Distribution | โฆ
According to a new report published by Allied Market Research, the paralleling switchgear market size was valued at $1.7 billion in 2022, and is estimated to reach $3.0 billion by 2032, growing at a CAGR of 6.3% from 2023 to 2032.
Paralleling switchgear is a system used in electrical power distribution to combine multiple power sources, such as generators or utility feeds, to supply a common load. This can improve reliability,โฆ
Biogas Plant Market: Sustainable Gas Solutions | Asia Pacific Dominate by Japan, โฆ
According to a new report published by Allied Market Research, 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 materials can include food waste,โฆ
Gas Turbine MRO (Maintenance, Repair, Overhaul) Market | Asian Pacific region gr โฆ
According to a new report published by Allied Market Research, The gas turbine MRO market size was valued at $14.5 billion in 2022, and is estimated to reach $20.4 billion by 2032, growing at a CAGR of 3.5% from 2023 to 2032.
Gas turbine MRO stands for Gas Turbine Maintenance, Repair, and Overhaul. It refers to the processes and activities involved in the maintenance, repair, and overhaul of gas turbines.โฆ
Solar Cables Market: Solar Cable Solutions | APAC 12.8% Growing by South Korea, โฆ
According to a new report published by Allied Market Research, The solar cables market was valued at $0.9 billion in 2022, and is estimated to reach $2.9 billion by 2032, growing at a CAGR of 12.4% from 2023 to 2032.
Solar cables, also known as photovoltaic (PV) cables or solar panel cables, are specialized electrical cables designed for use in solar power systems. These cables are an integral part ofโฆ
Hydrogen Infrastructure Market: Building the Hydrogen Highway | APAC Fastest Gro โฆ
According to a new report published by Allied Market Research, The hydrogen infrastructure market was valued at $4.9 billion in 2022, and is estimated to reach $13.5 billion by 2032, growing at a CAGR of 10% from 2023 to 2032.
Hydrogen infrastructure refers to the network of facilities, systems, and technologies required for the production, storage, distribution, and utilization of hydrogen as an energy carrier. Hydrogen has gained attention as aโฆ
Energy ESO Market Latest Advancements and Business Opportunities with Key Drivin โฆ
The energy ESO market size was valued at $183.1 billion in 2022, and is estimated to reach $522.5 billion by 2032, growing at a CAGR of 11.2% from 2023 to 2032. Energy engineering carrier outsourcing (ESO) is a multifaceted thought that performs a pivotal role in optimizing energy-related strategies and operations throughout a number of industries. ESO includes the delegation of energy-related tasks to specialised exterior carrier providers, with theโฆ
Solar Inverter Market: Smart Inverters, Bright Future | APAC Fastest Growing by โฆ
According to a new report published by Allied Market Research, The solar PV inverter market size was valued at $7.7 billion in 2020, and is projected to reach $17.9 billion by 2030, growing at a CAGR of 8.8% from 2021 to 2030.
A solar inverter, also known as a photovoltaic (PV) inverter, is an essential component of a solar power system. Its primary function is to convert the direct current (DC)โฆ
Singapore Bunker Fuel Market: Fueling Maritime Commerce | Singapore 3.5% Growing
According to a new report published by Allied Market Research, The Singapore bunker fuel market size was valued at $17.6 billion in 2020, and is projected to reach $24.5 billion by 2030, growing at a CAGR of 3.5% from 2021 to 2030.
Singapore is one of the world's largest bunkering ports and is a significant hub for the supply and trading of bunker fuel. Bunker fuel is a type of fuelโฆ
Small Gas Engine Market: Small but Mighty | North America Fastest Growing Region โฆ
According to a new report published by Allied Market Research, The global small gas engine market size was valued at $2.7 billion in 2020, and is projected to reach $4.0 billion by 2030, with global small gas engines market forecast expected at a CAGR of 4.2% from 2021 to 2030.
A small gas engine typically refers to a compact internal combustion engine that runs on gasoline. These engines are commonly usedโฆ
Outdoor Power Equipment Market: Growth and Innovation | Asia-Pacific Dominate by โฆ
According to a new report published by Allied Market Research, The outdoor power equipment market size was valued at $24.4 billion in 2021, and is estimated to reach $41.1 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031.
Outdoor power equipmen refers to a broad category of machines and tools designed for use outdoors, typically in tasks related to landscaping, gardening, and property maintenance. These tools areโฆ
Surge Arrester Market: Electric Shield | APAC Dominate by South Korea, China, Si โฆ
According to a new report published by Allied Market Research, The surge arrester market size was valued at $1.4 billion in 2021, and is estimated to reach $2.2 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031.
A surge arrester, also known as a surge protector or lightning arrester, is a device designed to protect electrical equipment from voltage spikes or surges. These transient overvoltages can occurโฆ
Hydrogen Fuel Cell Market: Zero-Emission Drive | Asia Pacific Dominate by South โฆ
According to a new report published by Allied Market Research, The global hydrogen fuel cell market size was valued at $2.7 billion in 2021, and projected to reach $5.7 billion by 2031, with a CAGR of 8.1% from 2022 to 2031.ย
Hydrogen fuel cells are electrochemical devices that convert hydrogen and oxygen into electricity, with water and heat as byproducts. These fuel cells offer a clean and efficient way to generateโฆ
Cryogenic Pump Market: Pumping the Future | North America Dominate by US
According to a new report published by Allied Market Research, The global cryogenic pump market size was valued at $610.0 million in 2020, and is projected to reach $854.0 million by 2030, with expected CAGR of 3.4% from 2021 to 2030.
A cryogenic pump is a type of pump designed to handle and move cryogenic fluids, which are substances with extremely low temperatures, typically below -150 degrees Celsius (-238 degreesโฆ
Small Wind Power Market: A Residential Revolution | APAC Fastest Growing by Thai โฆ
According to a new report published by Allied Market Research, The small wind power market size was valued at $7.4 billion in 2020, and global market forecast projected to reach $17.1 billion by 2030, with global small wind forecast expected at a CAGR of 8.8% from 2021 to 2030.
Small wind power refers to the use of wind turbines with relatively lower capacity, typically designed to generate electricity for localized orโฆ
Fuel Cells Market: Green Energy Cells | Asia Pacific 19%+ Growing by South Korea โฆ
According to a new report published by Allied Market Research, The fuel cells 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.
Fuel cells are electrochemical devices that convert chemical energy directly into electrical energy through the reaction of a fuel (such as hydrogen) with an oxidizing agent (typically oxygen or air).โฆ
Circuit Breakers Market: Breaking the Current | Europe 6.6% Growing by UK, Germa โฆ
According to a new report published by Allied Market Research, The circuit breakers market size was valued at $9.4 billion in 2020, and is estimated to reach $17.8 billion by 2030, growing at a CAGR of 6.3% from 2021 to 2030.
Circuit breakers are electrical devices designed to protect electrical circuits and equipment from damage caused by overcurrents and short circuits. They play a crucial role in ensuring the safety andโฆ
Aviation Gasoline Market: Flightline Fuel | North America Dominate by US
According to a new report published by Allied Market Research, The aviation gasoline market size was valued at $12.5 billion in 2021, and aviation gasoline (avgas) industry is estimated to reach $18.8 billion by 2031, growing at a CAGR of 4.2% from 2022 to 2031.
Aviation gasoline, commonly known as avgas, is a specialized type of fuel used in internal combustion engines with spark-ignition, typically found in general aviation aircraft. Avgasโฆ
Surge Arrester Market: Safeguarding Electrical Systems | Asia-pacific 4.8% Growi โฆ
According to a new report published by Allied Market Research, The surge arrester market size was valued at $1.4 billion in 2021, and is estimated to reach $2.2 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031.
A surge arrester, also known as a surge protector or lightning arrester, is a protective device designed to limit voltage spikes or transient overvoltages in electrical systems. These sudden voltageโฆ
Combined Heat & Power Market: Efficiency Meets Profitability | Asia-Pacific Domi โฆ
According to a new report published by Allied Market Research, The global combined heat & power market size was valued at $24.6 billion in 2021, and is estimated to reach $48.4 billion by 2031, growing at a CAGR of 7.2% from 2022 to 2031.
Combined Heat & Power (CHP), also known as cogeneration, is an energy-efficient approach to generating electricity and useful thermal energy (such as heat or steam) from aโฆ
Hydrogen Fuel Cell Market: Sustainable Power Generation | APAC 8.7% Growing by J โฆ
According to a new report published by Allied Market Research, The global hydrogen fuel cell market size was valued at $2.7 billion in 2021, and projected to reach $5.7 billion by 2031, with a CAGR of 8.1% from 2022 to 2031.ย
A hydrogen fuel cell is an electrochemical device that generates electricity by combining hydrogen and oxygen in a chemical reaction, with water and heat as the byproducts. Fuel cells areโฆ
