Global Energy Transition Market: Trends, Growth, and Forecasts - 2030

The global Energy Transition Market is expected to reach USD 5.15 trillion by 2030, growing at a CAGR of 9.5%.

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Key drivers of market growth include the growing shift towards green energy, increased investments in renewable energy sources, and the rising adoption of electric vehicles. However, the high costs associated with clean and green energy pose challenges by inflating the overall expenses in the energy transition sector.

The global emphasis on green energy is spurring government investments aimed at reducing dependence on fossil fuels, stabilizing energy markets, and fostering a more sustainable environment, thereby accelerating the expansion of the energy transition market.