Recloser Market is Estimated to Reach $1.5 billion by 2030 – Schneider Electric, Eaton, ABB, General Electric

According to a research report “Recloser Market by Phase (Three-phase, Single-phase, and Triple Single-phase), Control Type (Electronic and Hydraulic), Voltage Rating (Up to 15 kV, 16-27 kV, and 28-38 kV), Insulation Medium (Oil, air, and epoxy) Region – Global Forecast to 2030″ published by MarketsandMarkets, …

Emerging Opportunities in Marine VFD Market with Present Tendency Analysis

The Marine Variable Frequency Drive (VFD) Market is expected to develop significantly, owing to increased demand for energy-efficient marine solutions. According to a MarketsandMarkets analysis, the industry is predicted to grow significantly due to factors such as tight marine pollution regulations and the requirement for …

Oil Immersed Power Transformer Market worth $28.3 Billion by 2028

Oil Immersed Power Transformer Market

The global Oil Immersed Power Transformer Market is expected to reach USD 28.3 billion by 2028 from USD 21.2 billion in 2023 at a CAGR of 6.0% during the 2023–2028 period according to a new report by MarketsandMarkets™.  This robust growth is attributed to the …

Driving Growth: The Rising Demand for Brushless DC Motor Market in the US

Brushless DC Motor Market

The brushless DC motor market in the U.S.  is a thriving sector within the global market that is expected to grow at a significant growth rate due to the rapid proliferation of motor drives across diverse industries such as automotive, consumer electronics, medical devices, manufacturing, …

Remote Power Panel Market: Everything You Need To Know By 2028

Global Remote Power Panel Market Scenario The global remote power panel market is projected to reach USD 1.4 billion by 2028 from an estimated USD 1.1 billion in 2023, at a CAGR of 4.8% during the forecast period. Factors such as increased investments in colocation …

Electrifying Growth: US Electrolyzers Market Surges Towards Sustainable Hydrogen

Electrolyzers Market

The electrolyzers market in the U.S. is a thriving sector within the global market that is expected to grow significantly due to the growing demand from the mobility industry, the presence of big players, and the implementation of stringent environmental regulations emphasizing the use of …

Grid Growth: Laminated Busbar Market Electrifies US Utility Networks

Laminated Busbar Market

Laminated busbars are a critical component of any electrical utility infrastructure. These busbars are current-carrying conductors coated or laminated with insulation mediums such as epoxy powder coating, polyester film, among others which help eliminate interference and reduce losses, resulting in increased system efficiency. The laminated …

Hydrogen Generation Market to Record Sturdy Growth by 2028 – Air Liquide, Linde plc, Air Products and Chemicals, Inc., Shell plc, Saudi Arabian Oil Co.

Hydrogen Energy Storage Market

Global Hydrogen Generation Market Scenario The global hydrogen generation market is projected to reach USD 257.9 billion by 2028 from an estimated USD 158.8 billion in 2023, at a CAGR of 10.2% during the forecast period. The rising safety concerns, increasing focus on renewable energy, …

Fueling Innovation: Unlocking the Potential of E-Fuels Market in US

E-fuels Market

The e-fuels market in the U.S.  is a thriving sector within the North American e-fuels market that is expected to grow at a significant growth rate due to several factors, such as increasing focus on reducing GHG emissions and rising investments in R&D of e-fuel …

Portable Generator Market Set to Reach New Heights in Response to Increasing Energy Needs

Global Portable Generator Market Scenario: The global portable generators market is expected to grow at a CAGR of 6.0% during the forecast period, from an estimated USD 2.2 billion in 2022 to USD 2.9 billion in 2027. 𝗞𝗲𝘆 𝗙𝗶𝗻𝗱𝗶𝗻𝗴𝘀 𝗼𝗳 𝗧𝗵𝗲 𝗦𝘁𝘂𝗱𝘆 Construction activities needs …

Heat Pump Market worth $157.8 Billion by 2029

Heat Pump Market

The global Heat Pump Market is expected to grow from an estimated USD 90.1 billion in 2024 to USD 157.8 billion by 2029, at a CAGR of 11.8% during the forecast period according to a new report by MarketsandMarkets™.  Heat Pump is a more reliable way of heating & …

North America Poised for Growth: Small Modular Reactor Market Gains Momentum

Small Modular Reactor Market

According to a research report, the Small Modular Reactor Market is estimated to be USD 5.8 billion in 2023 to USD 6.8 billion by 2030, at a CAGR of 2.3% during the forecast period. The factors that drive the market growth include versatile nature of …

Energy Management Systems Market worth $75.6 Billion by 2028

Energy Management Systems Market

The global Energy Management Systems Market is expected to grow from an estimated USD 40.7 billion in 2023 to USD 75.6 billion by 2028, at a CAGR of 13.2% during the forecast period. Several laws and regulations aimed at reducing energy consumption and spreading awareness regarding …

Energy as a Service Market worth $105.6 Billion by 2027

Energy as a Service Market

Increasing distributed energy resources, new revenue generation streams for utilities, availability of federal and state tax benefits for energy-efficiency projects and decreasing cost of renewable power generation and storage solutions are driving the demand for energy as a service globally. The global Energy as a Service …