Inverter Market Surge Towards Solid Growth

The inverter market is expected to see solid growth, with the market size increasing from USD 18.9 billion in 2023 to USD 39.6 billion by 2028. Key players in the market include Huawei Technologies, Sungrow power supply Co., Ltd, SMA Solar Technology, Power Electronics, and …

Electric Vehicle Plastics Market Size, Share & Report Forecast 2027

Electric Vehicle Plastics Market

The Electric Vehicle Plastics market is projected to grow from USD 3.7 billion in 2022 to USD 12.6 billion by 2027, at a CAGR of 27.9% over the forecast period. Race to reduce overall vehicle weight to increase driving range, reduce emissions in hybrid vehicles, …

Synchronous Condenser Market worth $811 Million by 2030

Synchronous Condenser Market

The global Synchronous Condenser Market is estimated to grow from USD 661 million in 2022 to USD 811 million by 2030, at a CAGR of 2.6% during the forecast period. Synchronous condensers ensure a stable supply to the transmission grid. They can also supply and absorb reactive power …

Air Insulated Switchgear Market worth $85.9 Billion by 2029

Air Insulated Switchgear Market

The global Air Insulated Switchgear Marketis expected to grow from an estimated USD 67.3 billion in 2024 to USD 85.9 billion by 2029, at a CAGR of 5.0% during the forecast period according to a new report by MarketsandMarkets™. The air insulated switchgear market is poised …

Circuit Breaker Industry: Market Dynamics and Future Prospects

Circuit Breaker Market

The global Circuit Breaker Market size is expected to grow from an estimated USD 6.5 billion in 2023 to USD 8.6 billion by 2028, at a CAGR of 5.5% during the forecast period.  Key drivers for this growth include increasing investments in smart grid technologies aimed at protecting …

District Cooling Market Dynamics: Trends & Opportunities

District Cooling Market

The global district cooling market is projected to reach USD 1,177 million by 2026 from an estimated market size of USD 931 million in 2021, at a CAGR of 3.4% during the forecast period. The factors driving the growth for district cooling are the Surging …

Diesel Generator Market worth $23.4 Billion by 2029

Diesel Generator Market

The global Diesel Generator Market is expected to reach USD 23.4 billion by 2029 from USD 17.9 billion in 2024 at a CAGR of 5.4% during the forecast period according to a new report by MarketsandMarkets™.  Diesel generators are essential because they provide reliable and constant source of …

Driving Innovation: Electric Motors Market Transforming US Manufacturing

Electric Motors Market

The electric motors 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 rising demand for energy-efficient motors across diverse industries such as Industrial, Commercial, Residential, Agriculture, and Transportation. Among …

Off-Grid Essentials: Portable Power Station Market Thriving in the US Landscape

Portable Power Station Market

The global portable power station market is expected to grow from an estimated USD 0.5 billion in 2023 to USD 1.1 billion in 2028, at a CAGR of 18.4% during the forecast period. The US is witnessing robust growth in the broader North American portable …

Virtual Power Plant Market worth $5.5 Billion by 2029

Virtual Power Plant Market

The global Virtual Power Plant Market is expected to grow from an estimated USD 1.9 billion in 2024 to USD 5.5 billion by 2029, at a CAGR of 23.4% during the 2024–2028 period according to a new report by MarketsandMarkets™.  Virtual power plants are essential …

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, …

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 …

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 …

Portable Power Station Market worth $1.1 Billion by 2028

Portable Power Station Market

The global Portable Power Station Market is projected to reach USD 1.1 billion in 2028 from USD 0.5 billion in 2023 at a CAGR of 18.4% according to a new report by MarketsandMarkets™.  Portable power stations are portable and compact devices that function as independent power sources. Their purpose …