Industrial Control Transformer Market Projected to Witness Vigorous Expansion by 2027

Industrial Control Transformer Market

The global industrial control transformer market size will grow to USD 1.2 billion by 2027 from USD 0.9 billion in 2022, at a CAGR of 5.0% during the forecast period. Rising energy consumption across industries, increasing usage of industrial control transformers in major industries, hence …

Industrial Power Supply Market Booming Worldwide with Strong Growth by 2027

Industrial Power Supply Market

The global Industrial Power Supply Market is projected to grow from USD 10.8 billion in 2022 to USD 14.5 billion by 2027, at a CAGR of 6.0% according to a new report by MarketsandMarkets™.  The growth of the industrial power supply market can be attributed …

Circuit Breaker Market to Show Strong Growth in Near Future

Industrial Control Transformer Market

The global Circuit Breaker Market size is expected to grow from an estimated USD 5.7 billion in 2020 to USD 7.7 billion by 2025, at a CAGR of 5.9%, during the forecast period. Growing investments in smart grid technologies to protect and control power equipment …

Pool & Spa Market to Witness Healthy Growth by 2027

Pool & Spa Market

According to the new market research report “Pool & Spa Market by Type (Pools – Lap, Wading, Heated; Spas – Electric, Steam, Sauna, Hydromassage Bath), Accessories (Filters, Chlorinators, Blowers, Cleaners, Covers, Suction Fittings, Pumps), Material and Region – Global Forecast to 2027″, published by MarketsandMarkets™, …

Fuel Cell Generator Market to Witness Massive Growth by 2030

Fuel Cell Generator Market

According to the new market research report “Fuel Cell Generator Market by Type (PEMFC, SOFC, AFC), End User (Marine, Aquaculture, Construction, Agriculture, Data Center, Emergency Response Generator), Region (North America, Europe, Asia Pacific, Rest of the World) – Global Forecast to 2030”, published by MarketsandMarkets™, …

Transformer Oil Market to Witness Healthy Growth in Near Future

Transformer Oil Market

The global Transformer Oil Market size is expected to grow from an estimated USD 1.9 billion in 2021 to USD 3.3 billion by 2030, at a CAGR of 6.5%. The expansion of electric grids in developing countries and the modernization of the electric grids in the developed …

Electric Traction Motor Market May Reach to $22.2 billion by 2027 at CAGR of 12.6%

Electric Traction Motor Market

The global electric traction motor market is projected to reach USD 22.2 billion by 2027 from an estimated market size of USD 12.3 billion in 2022, at a CAGR of 12.6% during the forecast period. The increase in demand for high-performance motors, favorable government policies …

Industrial Filtration Market to Show Massive Growth in Near Future

Industrial Filtration Market

The global Industrial Filtration Market is expected to grow from USD 33.5 billion in 2022 to reach USD 45.2 billion by 2027, at a CAGR of 6.2% during the forecast period. The key drivers for the growth of the Industrial Filtration Market include government mandates …

Centrifugal Pump Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

According to the report published by MarketsandMarkets, the global centrifugal pump market size is projected to reach USD 48.8 billion by 2026 from an estimated value of USD 36.6 billion in 2021, at a CAGR of 5.9%. The key drivers for the centrifugal pump market …

Electrical Digital Twin Market Likely to Experience Tremendous Growth in Near Future

Electrical Digital Twin Market

The global Electrical Digital Twin Market size will grow to USD 1.3 billion by 2026 from USD 0.8 billion in 2021, at a CAGR of 12.2% during the forecast period. The integration of variable renewable energy with the grid and increasing decentralization of distributed energy …

Green Ammonia Market will Escalate Rapidly in Near Future

Green Ammonia Market

The global Green Ammonia Market size is projected to grow from USD 16 million in 2021 to reach USD 5,415 million by 2030, at a CAGR of 90.2% during the forecast period. Green hydrogen projects are increasing as many countries are focusing on investing in …

Variable Frequency Drive Market to Gain Traction

New Revenue Pockets: The global variable frequency drive market is expected to grow at a CAGR of 4.8% to USD 26.8 billion by 2027, up from an estimated USD 21.2 billion in 2022. The increasing power generation worldwide fueling the demand for global Variable frequency …

Lithium Iron Phosphate Batteries Market Recent Developments & Emerging Trends To 2027

New Revenue Pockets: The global lithium iron phosphate batteries market is projected to reach USD 24.6 billion by 2027 from an estimated market size of USD 13.0 billion in 2022, at a CAGR of 13.7% during the forecast period. The factors driving the growth for …