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According to the new market research report "Cryogenic Pump Market by Orientation, Design (Submersible, Non-Submersible), Type, Cryogen (Nitrogen, Argon, Oxygen, LNG, Helium, Hydrogen), End User (Energy & Power, Chemicals, Metallurgy, Healthcare & Pharmaceuticals) & Region - Global forecast to 2027", published by MarketsandMarkets™, the Cryogenic Pump Market is projected to reach USD 1.5 billion by 2027 from an estimated market size of USD 1.2 billion in 2022, at a CAGR of 4.6% during the forecast period. The rise in demand for cryogenic pumps from the energy & power industry, especially the oil & gas sector, is the primary driver of market growth. On the contrary, the volatility in raw material prices and interference from gray market players restrain the growth of the market.

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the Industrial Air Compressor Market is projected to reach USD 42.9 billion by 2026. The Industrial Air Compressor Market size will grow to USD 42.9 billion by 2026 from USD 32.7 billion in 2021, at a CAGR of 5.6% during the forecast period.

Potential opportunity worth USD 5 Bn is expected to open up for green hydrogen, as hydrogen production using renewables cost heads to USD 1.3/kg. The green hydrogen market is projected to be valued at USD 4,373 Mn by 2026, at a CAGR of 58.0%, owing to the lowering cost of producing renewable energy by all sources, development of electrolysis technologies, and high demand from FCEVs and power industry.

the Solid Oxide Fuel Cell Market size will grow to USD 6.5 billion by 2027 from USD 1.5 billion in 2022, at a CAGR of 33.9 % during the forecast period. Government subsidies and increased R&D on fuel cell programs; fuel flexibility and increasing demand for energy-efficient power generation and stringent emission norms are likely to drive the Solid Oxide Fuel Cell Market.

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According to the new market research report "Inverter Market by Type (Solar Inverters, Vehicle Inverter, others), Output Power Rating (Upto 10 kW, 10-50 kW, 51-100 kW, above 100 kW), End User (PV Plants, Residential, Automotive), Connection, Voltage, Sales Channel & Region - Global Forecast to 2027", published by MarketsandMarkets™, the Inverter Market is expected to grow at a CAGR of 15.7% during the forecast period, from an estimated USD 16.3 billion in 2022 to USD 33.8 billion in 2027. Increasing adoption of inverters worldwide in case of power back-ups, rise in the investments and technological developments in PV systems to generate clean power is fueling demand for inverters. The rise in the roof top installations, and developments in the smart grid infrastructure are creating numerous opportunities for inverter manufacturers.

According to the new market research report "Hydrogen Energy Storage Market by State (Gas, Liquid, Solid), Technology (Compression, Liquefaction, Material Based), Application (Stationary Power, Transportation), End User (Electric Utilities, Industrial, Commercial), Region - Global Forecast to 2027", published by MarketsandMarkets™, the global Hydrogen Energy Storage Market is projected to reach USD 119.2 Billion by 2027 from an estimated market size of USD 13.8 Billion in 2022, at a CAGR of 54.0% during the forecast period. The factors driving the growth for Hydrogen Energy Storage Market is Increasing hydrogen demand in the industrial sector and rising demand for hydrogen in stationary and mobile power applications.

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