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 …

Ring Main Unit Market Size, Share, Analysis, Regional Outlook and Forecast 2020-2025

Ring Main Unit Market Overview: The global ring main unit market is expected to reach USD 2.5 billion by 2025 from an estimated value of USD 1.6 billion in 2020, at a CAGR of 9.3%. Capacity additions, increasing electricity demand, and industrialization projects in countries …

Rising Demand for Electricity to Amplify Growth of Volt/VAr Management Market

Utility Drones Market

The global volt/VAr management market is estimated to be worth USD 427 million in 2019 and is projected to reach USD 568 million by 2024, growing at a CAGR of 5.9%, during the forecast period. The market is set to grow due to a focus …

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 …

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 …

Power-to-gas Market To Witness Huge Growth By 2024: Hydrogenics, ITM Power, McPhy Energy, Siemens

Global Power-to-gas Market Scenario: The global power-to-gas market is projected to reach USD 42 million by 2024 from an estimated USD 26 million in 2019, at a CAGR of 10.1% during the forecast period. Effective utilization of renewable energy resources and integrated management of power …

Europe Power Rental Market – Focus on Sustainability & Performance

The Europe Power Rental Market is expected to grow from an estimated USD 1.6 billion in 2019 to USD 2.3 billion by 2024, registering a CAGR of 7.1% from 2019 to 2024. The Europe power market is witnessing significant growth, which is driven by an …

Electrical SCADA Market: Technological Revolution Fueling Market Growth

Electrical SCADA

The global Electrical SCADA Market is expected to grow from an estimated $2.29 billion in 2017 to $3.29 billion by 2022, at a CAGR of 7.48%, during the forecast period. This growth is primarily driven by the increasing investments in electrical networks, adoption of remote …

Meter Data Management System Market to witness an Outstanding Growth during 2018-2023

Meter Data Management System Market

The global Meter Data Management System Market is projected to reach $428 million by 2023 from an estimated $169 million in 2018, at a CAGR of 20.48% from 2018 to 2023. This growth can be attributed to the increased government policies and supportive mandates for …

Hydrogen Generation Market to Exhibit a CAGR of 9.2% by 2025; Fuel Cell Power Generation to Boost Market

The global hydrogen generation market size is projected to reach USD 201 billion by 2025, at a CAGR of 9.2% during the forecast period. Latest research report,“ titled Hydrogen Generation Market by Application (Petroleum Refinery, Ammonia & Methanol production, Transportation, Power Generation), Generation & Delivery …