The digital utility market is expected to grow at a CAGR of 12.57%, from 2017 to 2022, to reach a market size of USD 244.31 billion by 2022. Strict regulatory requirements for electric utilities, energy efficiency mandates demanding carbon emission reduction, and increase in the …
The busbar trunking system market is expected to grow at a CAGR of 6.88%, from 2017 to 2022, to reach a market size of USD 8.85 billion by 2022. Increased adoption of energy efficiency practices, various operational and technical advantages to the potential end-users, and …
The virtual power plant market is expected to grow at a CAGR of 29.68% from 2016 to 2021, to reach a market size of USD 709.2 million by 2021. Major drivers of the virtual power plant include growth in smart grid, increasing share of renewable …
The global oil accumulator market is expected to grow at a CAGR of 4.78%, from 2018 to 2023, to reach a market size of USD 617.1 million by 2023. Digitalization in the oil & gas industry and shale gas exploration boom in the US are …
The global Combined Heat & Power Market is expected to grow at a CAGR of 5.48%, from 2018 to 2023, to reach a market size of USD 27.01 billion by 2023. The increasing demand for energy efficiency, government programs, and incentives to promote CHP are …
The motor soft starter market is expected to grow at a CAGR of 6.08% from 2017 to 2022, to reach a market size of USD 1.84 billion by 2022. A motor soft starter protects the motor from damage caused due to high inrush current, which …
The ring main unit market is expected to grow from an estimated USD 1.64 Billion in 2017 to USD 2.45 Billion by 2022, at a CAGR of 8.35% from 2017 to 2022. The global market is set to witness a significant growth, due to smart …
The distributed energy resource management system market is expected to grow at a CAGR of 15.70%, from 2017 to 2022, to reach a market size of USD 603.6 billion by 2022. The shift from centralized to de-centralized power generation, government mandates in renewables and updated …
The shunt reactor market is expected to grow at a CAGR of 4.56% from 2017 to 2022, to reach a market size of USD 3.19 billion by 2022. The major drivers of the shunt reactor market include increasing demand for electricity, upgradation of the aging …
The solid oxide fuel cell market is expected to grow at a CAGR of 13.88% from 2017 to 2025, to reach a market size of USD 1,140.6 million by 2025. Government subsidies and fuel cell programs, increasing demand for efficient power generation, and stringent emission …
The HVDC converter station market is expected to grow at a CAGR of 7.92%, from 2017 to 2022, to reach a market size of USD 11.57 billion by 2022. The growth in the HVDC converter station market is driven by the increasing demand for cost-effective …
The global grid-scale battery market is expected to be valued at USD 1.37 billion in 2018 and is likely to grow at a CAGR of 33.52% during the forecast period to reach USD 5.82 billion by 2023. Factors driving the growth of the market include …
The global blockchain in energy market is projected to reach USD 7,110.1 million by 2023, at a CAGR of 78.32%, from an estimated USD 394.3 million in 2018. The growth of the blockchain in energy market is mainly driven by the rising security concerns across …
The global progressing cavity pump market is expected to grow at a CAGR of 6.24%, from 2018 to 2023, to reach a market size of USD 4.08 billion by 2023. Suitability for handling high viscosity fluids, increasing investments in infrastructure development activities, and high demand …