The power and energy sector is witnessing a dynamic transformation owing to global sustainability goals and rapid technological advancements. The adoption of renewable energy trends such as solar, wind, and hydro is accelerating, supported by robust government policies and investments. Energy storage solutions and smart grids are revolutionizing energy management, enhancing efficiency, and promoting a decentralized power ecosystem. Digital transformation through AI and IoT is enabling predictive maintenance, real-time monitoring, and cost optimization, while technologies like blockchain are fostering transparency in energy transactions. Emerging innovations, including green hydrogen and carbon capture, are leading the decarbonization movement, setting new benchmarks for clean energy.
Navistrat Analytics offers actionable insights through its market research reports for businesses looking to thrive in this evolving landscape. Our comprehensive collection explores the latest renewable energy trends, advancements in energy storage solutions, innovations in smart grids, and strategic developments in green hydrogen and EV charging infrastructure. Equip your business with reliable data, forecasts, and analysis to make informed decisions in this ever-changing sector.
Explore our reports today and power your strategies for tomorrow.
The anaerobic digestion market size reached USD 17.28 Billion in 2024 and is expected to register a revenue CAGR of 11.5% during the forecast period. Anaerobic digestion is a biochemical process in which a consortium of bacteria degrades organic waste into a gaseous mixture of methane and carbon dioxide (biogas) in the absence of oxygen. [...]
The solar tracker market size reached USD 9.88 billion in 2024 and is expected to register a revenue CAGR of 19.7% during the forecast period. A solar tracker is a device that moves solar panels to follow the sun's path across the sky. Tracking the sun enables solar devices to absorb more sunlight throughout the day. higher absorbed sunlight equals higher solar power generation. [...]
The wind-assisted propulsion market size reached USD 122.7 million in 2024 and is expected to register a revenue CAGR of 74.8% during the forecast period. Wind-assisted propulsion system (WAPS) technology has gained popularity in the shipping industry to reduce fuel consumption and pollutants. These technologies use the power of wind to enhance a vessel's propulsion by generating aerodynamic forces. [...]
The global Demand Response Management System (DRMS) market reached USD 11.24 billion in 2024 and is expected to register a revenue CAGR of 17.8% during the forecast period. Growing demand for grid stability and reliability, increasing adoption of renewable energy sources, rising energy costs, and proliferation of smart grid infrastructure are expected to drive revenue growth of the market. [...]
The TOPCon Solar Cells market size reached USD 8.67 Billion in 2024 and is expected to register a revenue CAGR of 20.3% during the forecast period. TOPCon, which stands for "Tunnel Oxide Passivated Contact," is an innovative solar cell technology that uses an n-type silicon base to improve efficiency and performance. [...]
The thorium reactor market size reached USD 5,548.7 million in 2024 and is expected to register a revenue CAGR of 18.7% during the forecast period. Thorium is a relatively abundant and fertile element for use in nuclear reactors. It is about three times more prevalent than uranium, with an average distribution of ten parts per million (ppm) in the Earth's crust. [...]
The Sustainable Aviation Fuel (SAF) market size reached USD 1,168.5 million in 2024 and is expected to register a revenue CAGR of 60.4% during the forecast period. SAF is a liquid fuel being utilized in commercial aviation that can lower CO2 emissions by up to 80%. It can be made from a variety of feedstocks, including waste oil and fats, green and municipal waste, and non-food crops. [...]
The global solar hybrid inverter market reached USD 9.23 billion in 2024 and is expected to register a revenue CAGR of 10.9% during the forecast period. Increasing Government initiatives to promote renewable energy technologies, rising demand for clean energy, increasing adoption of energy storage solutions, and growing investments in solar power systems are expected to drive revenue growth of the market. [...]
The global Electric Vehicle (EV) Charging Station market reached USD 31.12 billion in 2024 and is expected to register a revenue CAGR of 26.2% during the forecast period. Rising adoption of electric vehicles, growing urbanization and development of smart city initiatives, increasing Government incentives for EV infrastructure development, and rising Public-Private Partnerships (PPPs) and investments are expected to drive revenue growth of the market. [...]
The Perovskite Solar Cell (PSC) market size reached USD 248.7 million in 2024 and is expected to register a revenue CAGR of 71.5% during the forecast period. A perovskite solar cell is a form of solar cell that uses a perovskite-structured compound, typically a hybrid organic-inorganic lead or tin halide-based material, as its light-harvesting active layer. [...]
The global solid-state battery market size reached USD 1,347.9 million in 2024 and is expected to register a revenue CAGR of 35.4% during the forecast period. Increasing demand for renewable energy is driving the market revenue growth of the solid-state battery market. [...]
The solar hydrogen panel market size reached USD 15.4 million in 2024 and is expected to register a revenue CAGR of 10.5% during the forecast period. Hydrogen solar panels are designed to overcome the constraints of typical solar energy systems by incorporating hydrogen synthesis into the process. The hydrogen created can be stored and then used as a clean energy source, either directly or in fuel cells to generate power. [...]
The hydrogen fueling station market size reached USD 633.6 million in 2024 and is expected to register a revenue CAGR of 27.6% during the forecast period. Hydrogen refueling stations (HRSs) are critical infrastructures that are quickly expanding to support the deployment of fuel cell electric vehicles for a variety of mobility applications. HRSs present a tremendous technological and logistical challenge, necessitating the development and integration of novel technologies for hydrogen synthesis, storage, and dispensing. [...]
The global AI in energy market reached USD 8.34 billion in 2024 and is expected to register a revenue CAGR of 32.8% during the forecast period. Growing demand for energy efficiency and optimization, increasing adoption of smart grids energy distribution, rising focus on predictive maintenance, and growing adoption of AI in decentralized energy systems are expected to drive revenue growth of the market. [...]
The solid-state hydrogen storage market size reached USD 54.8 million in 2024 and is expected to register a revenue CAGR of 34.6% during the forecast period. As the world's reliance on renewable energy grows, the need for effective and durable energy carriers becomes increasingly important. Solid-state hydrogen storage technology provides a safer storage method, eliminating the risks of leaks, boiling losses, and explosions in commercial settings. [...]