Virtual Power Plant Market Predicted to Hit Big Revenues in Future

Virtual Power Plant Market

The global virtual power plant market is expected to grow from USD 193.4 million in 2016 to USD 709.2 million by 2021, at a CAGR of 29.68% from 2016 to 2021. North America is estimated to be the largest market for virtual power plants, followed …

Industrial Power Supply Market Likely to Boost Future Growth by 2026

Industrial Power Supply Market

According to the new market research report “Industrial Power Supply Market By Type (AC-DC and DC-DC Converter), Output Power (Very Low Output(up to 500W), Low Output(500-1,000W) Medium Output(1,000W–10kW), High Output(10-75kW), Very High Output(75-150kW), Vertical, Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global …

Smart Electric Meter: Technological Revolution Fueling Market Growth

The global Smart Electric Meter Market is projected to grow from an estimated USD 9.27 Billion in 2018 to USD 11.33 Billion by 2023, at a CAGR of 4.11%, from 2018 to 2023. The market in Asia Pacific is estimated to be the largest market …

Gas Turbines Market is Booming Worldwide with GE, Siemens, MHPS, and Ansaldo.

The global Gas Turbines Market is expected to grow from an estimated $17.51 billion in 2017 to $20.66 billion by 2022, at a CAGR of 3.36%, from 2017 to 2022. The shale gas boom in North America and decommissioning of nuclear plants in Europe are …

Switchgear Monitoring System Market to Witness Revolutionary Growth | ABB, GE, Schneider Electric, Siemens, and Eaton.

Switchgear Monitoring System Market

The global Switchgear Monitoring System Market size is expected to grow from an estimated USD 1.3 billion in 2020 to USD 2.1 billion by 2025, at a CAGR of 9.7%, during 2020-2025. A few of the major advantages offered by switchgear monitoring systems are avoiding …

Sequence of Events Recorder Market Next Big Thing | AMETEK, Qualitrol Corp, Emerson, Yokogawa Electric, etc.

According to the new market research report “Sequence of Events Recorder Market by Mount type (Rack mounted, Rail mounted), End user (Data Center, Power Generation, Manufacturing, Others (Hospitals, Laboratories, Petrochemicals, and Pharmaceutical industries)), Region- Global Forecast to 2026″, published by MarketsandMarkets™, the Sequence of Events …

Renewable Drones Market: Growing Adoption of Drones to Reduce Cost of Inspection Operation of Solar and Wind Farm

Renewable

The global Renewable Drones Market is projected to reach a size of USD 148 million by 2025, at a CAGR of 27.1%, from an estimated USD 45 million in 2020. The rising adoption of drones for reducing inspection, increasing focus on asset optimization are the …

Utility Drones Market: Future Trends and Opportunities

Utility Drones Market

The global Utility Drones Market is estimated to be USD 110.2 million in 2018 and is projected to reach USD 538.6 million by 2023, at a CAGR of 37.34% from 2018 to 2023. Drones that are mainly used for utilities inspection, survey, and asset management …

Electric Motor Market to Witness Stunning Growth | ABB, Siemens, Nidec Corporation, Wolong, and WEG.

Electric Motor Market

The global Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast period.Increased demand for HVAC systems in residential, commercial, and industrial end-users in the Middle …

Power SCADA Market to Witness A Phenomenal Growth by 2026

Power SCADA Market

According to the new market research report “Power SCADA Market by Architecture (Hardware, Software, Services), Component (Remote Terminal Unit, Programmable Logic Controller, Human Machine Interface, Communication System Protection relays), End User and Region- Global Forecast to 2026″, published by MarketsandMarkets™, the Power SCADA Market size …

Gas-insulated Switchgear Market to Witness Massive Growth | ABB, Schneider Electric, Siemens, Eaton, and General Electric.

Gas-insulated Switchgear Market

The global Gas-Insulated Switchgear Market is projected to grow from USD 16.9 billion in 2020 to USD 26.5 billion by 2025, at a CAGR of 9.5% from 2020 to 2025. The factors driving market growth are the growing investments in renewable energy and government initiatives …

Transformer Oil Market to Witness Strong Growth | Nynas AB, Ergon International, Petrochina, Apar Industries, Sinopec Lubricant.

Transformer Oil Market

The global transformer oil market is projected to reach USD 3.0 billion by 2025 from an estimated market size of USD 2.2 billion in 2020, at a CAGR of 6.9% during the forecast period. The factors driving the growth for transformer oil are the upgradation …

Thermal Energy Storage Market: Rising Impetus on Renewable Energy Generation such as Concentrated Solar Power

Thermal Energy Storage Market

The global Thermal Energy Storage Market size is projected to reach USD 369 million by 2025, at a CAGR of 14.4%, from an estimated USD 188 million in 2020. The growth of the thermal energy storage market is majorly driven by increasing demand for energy …

Industrial Filtration Market Analysis with Ongoing Trends & Developments

Industrial Filtration Market

The global Industrial Filtration Market size is expected to grow from an estimated value of USD 29.5 billion in 2020 to USD 41.1 billion by 2025, at a CAGR of 6.9% from 2020 to 2025. The growth of this market is driven by strict government …