We believe that the future of industrial energy efficiency lies in innovative solutions that offer cost-effective, energy-saving, and sustainable alternatives to traditional combustion.
Hydrogen's industrial heating use is rapidly growing, aligning with the market's expansion and the EU's 2050 net zero goals. With HERC's potential, our industrial customers could save up to €20 billion annually in the EU alone. The significant market potential and growth of hydrogen offer Efenco a tremendous opportunity.
The global market value for combustion equipment, devices, and systems in the natural gas industry is expected to reach €172.6 billion by 2028 with a 4.8% CAGR in 2021-2028.
We are striving to capture a significant portion of this market by offering cost-effective and energy-efficient solutions that cater to the needs of industrial customers. Our solution helps them to decarbonize while saving in Capex and Opex.