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Decarbonization means the reduction of the carbon or switching to an effective economic system which supports to sustainably reduce the rising global temperatures and reduce the carbon emissions to achieve net zero goals associated with the ESG commitments. It majorly includes renewable and low carbon energy, advanced carbon capture solutions & energy efficient technologies along with inclusion of low carbon materials in the construction industry as well as electric mobility. The energy sector corresponds to most of the emissions, thereby shifting the need to limit the use of conventional fuels and transition to low carbon alternatives comprising hydrogen and wind power, among others. Shifting focus of the utility and energy providers toward renewable energy by advancements in energy efficient technologies will continue to contribute toward sustainability. The COVID- 19 pandemic has invariably accelerated the decarbonization efforts across the globe, impacting the energy demand, industrial production, and short term mobility behavior. Short term emission reduction owing to the prevalent crisis and lockdowns and enhanced investments to achieve the climate goals will continue to drive the transition. 

•    Effective government policies with positive climate potential in the short and medium timeline

•    Large scale investments by both public and private sector to support the regulatory framework.

•    Technological advancements/innovations to support the technology costs and thereby stimulate investments for the zero carbon energy sources.

•    Enhancing the use of renewable energy in the final energy mix along with electrification of the major processes across various end use industries.

•    Recognizing the high emitting sectors including transportation


  •    Boilers
  •     Decarbonization
  •     Energy Storage & Battery
  •     Generator Sets
  •     Heat Pumps
  •     Heating & Cooling
  •     Hydrogen
  •     Lines & Cables
  •     Oil & Gas
  •     Renewable Technologies
  •     Transformers
  •    Water Heaters

Published: November 2023   

Stationary Fuel Cell Market350 Pages

Stationary Fuel Cell Market was valued at USD 1.6 billion in 2022 and is set to observe more than 13.9% CAGR between 2023 and 2032. ...

Published: July 2023   

Offshore Platform Electrification Market100 Pages

Offshore Platform Electrification Market size was valued at USD 1.6 billion in 2022 and is anticipated to grow at 19.7% CAGR from 2023 to 2032. ...

Published: June 2023   

Decentralized Power Generation Market100 Pages

The decentralized power generation market size is predicted to witness significant gains through 2032, on account of the rising investments in smart grids and the growing number of power generation resources....

Published: May 2023   

Waste to Hydrogen Market100 Pages

The waste to hydrogen market size is expected to witness unprecedented growth between 2023 and 2032 owing to the rising environmental concerns and an increased cognizance of the environmental benefits of using clean energy sources....

Published: May 2023   

Hydrogen Storage Market100 Pages

The hydrogen storage market is slated to witness robust growth from 2023 to 2032 as a result of a rapid increase in the demand for hydrogen in oil refineries, metal refining, and fuel cell....

Published: May 2023   

Electrolyzer Market350 Pages

Electrolyzer Market size surpassed USD 2.8 billion in 2022 and is anticipated to expand at a staggering CAGR of 24.5% from 2023 to 2032 ...

Published: May 2023   

Hydrogen Fueling Infrastructure Market100 Pages

The hydrogen fueling infrastructure market size is predicted to observe significant gains between 2023 and 2032 on account of the ongoing shift towards renewable energy sources globally....

Published: April 2023   

Offshore Wind Turbine Market700 Pages

Offshore Wind Turbine Market size surpassed USD 5.5 billion in 2022 and is anticipated to grow at 20% CAGR from 2023 to 2032 driven by the increasing prevalence of large-scale renewable energy programs....

Published: March 2023   

Refinery Electrification Market100 Pages

The refinery electrification market size is expected to witness remarkable revenue between 2023 and 2032 due to the shifting preference of businesses towards innovative technologies to improve their efficiency and reduce their carbon footprint....

Published: March 2023   

Field Electrification Market100 Pages

The field electrification market is anticipated to experience substantial expansion between 2023 and 2032 due to the high awareness about the role of onshore and offshore renewables in accelerating the energy transition....

Published: January 2023   

Carbon Capture and Storage Market400 Pages

Carbon Capture and Storage Market size exceeded USD 6 billion in 2022 and is projected to expand at more than 20% CAGR from 2023 to 2032....

Published: January 2023   

Offshore Wind Energy Market1000 Pages

Offshore Wind Energy Market size exceeded USD 47.5 billion in 2022 and is projected to expand at more than 16% CAGR from 2023 to 2032. ...

Published: July 2022   

Microgrid Market660 Pages

Global Microgrid Market size exceeded USD 11 billion in 2021 and is anticipated to grow at over 22.4% CAGR from 2022 to 2030. ...

Published: July 2022   

Oil & Gas Electrification Market270 Pages

Oil & Gas Electrification Market size valued at USD 1.4 billion in 2021 and is projected to expand at a CAGR of over 31% from 2022 to 2030. ...

Published: January 2022   

Fuel Cell Market350 Pages

Fuel Cell Market size surpassed USD 3 billion in 2021 and is projected to grow at over 10% CAGR between 2022 and 2030....

Published: July 2018   

Hybrid Power Solutions Market400 Pages

Hybrid Power Solutions Market size crossed USD 8 billion in 2017 and is expected to exceed cumulative capacity of 9 GW by 2024....

Published: March 2018   

Hybrid Solar Wind Energy Storage Market180 Pages

Hybrid Solar Wind Energy Storage Market size for 2016 was over USD 1 billion and the cumulative capacity is set to exceed 1 GW by 2024....

Published: November 2016   

Hybrid Solar Wind Market108 Pages

Global Hybrid Solar Wind Market size was over USD 700 million in 2015 with forecast of more than 8% from 2016 to 2024....

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