Power Management System Market Likely to Boost Future Growth by 2028

Power Management System Market

The global Power Management System Market is projected to reach USD 7.5 billion in 2028 from USD 5.8 billion in 2023 at a CAGR of 5.4% according to a new report by MarketsandMarkets™.  Power Management System (PMS) is a set of hardware and software components …

Energy Management Systems Market to Witness Massive Growth by 2028

Energy Management Systems Market

The global Energy Management Systems Market is projected to reach USD 75.6 billion in 2028 from USD 40.7 billion in 2023 at a CAGR of 13.2% according to a new report by MarketsandMarkets™.  EMS determines the most cost-effective configuration for power production, transmission, and distribution …

Fuel Cell Generator Market to Witness Rapid Growth by 2030

Fuel Cell Generator Market

The global Fuel Cell Generator Market is projected to reach USD 2.1 billion in 2030 from USD 0.4 billion in 2023 at a CAGR of 25.4% according to a new report by MarketsandMarkets™.  The chemical energy of a fuel is converted directly into electricity by …

AC Circuit Breaker Market Surge Towards Strong Growth by 2028

AC Circuit Breaker Market

The global AC Circuit Breaker Market is projected to reach USD 5.3 billion in 2028 from USD 4.1 billion in 2023 at a CAGR of 5.3% according to a new report by MarketsandMarkets™.  An AC circuit breaker is a switch that interrupts or breaks the …

Transformer Oil Market to Witness Significant Growth by 2030

transformer oil market

The global Transformer Oil Market is projected to reach USD 3.0 billion in 2030 from USD 2.0 billion in 2023 at a CAGR of 5.9% according to a new report by MarketsandMarkets™.  Transformer oil is a special kind of oil that is primarily used in …

Hydrogen Energy Storage Market Revenue to Cross USD 119.2 Billion by 2027

Hydrogen Energy Storage Market size is projected to grow from USD 13.8 billion in 2022 to USD 119.2 billion by 2027, at a CAGR of 54.0% according to a new report by MarketsandMarkets™. Increasing demand of hydrogen in industrial sector and rising demand of stationary …

Small Modular Reactor Market May Set Massive Growth by 2030

Small Modular Reactor Industry Size

The global small modular reactor market size is estimated to be USD 5.8 billion in 2023 and is projected to reach USD 6.8 billion by 2030, at a CAGR of 2.3% during the forecast period. Factors such as the versatile nature of nuclear power and …

Green Ammonia Market: Opportunities in the Renewable Era

Green Ammonia Market

The global Green Ammonia Market is projected to reach USD 17.9 billion in 2030 from USD 0.3 billion in 2023 at a CAGR of 72.9% according to a new report by MarketsandMarkets™. The Green Ammonia Market has promising growth potential due to the rising deployment …

Pad-Mounted Switchgear Market: Installation of Underground Distribution Systems to Reduce Energy Losses and Enhance Safety

Pad-Mounted Switchgear Market

The global Pad-Mounted Switchgear Market is projected to reach USD 7.1 billion in 2028 from USD 5.6 billion in 2023 at a CAGR of 5.1% according to a new report by MarketsandMarkets™.  Pad-mounted switchgear systems provide easy access to cable connections and operating apparatus, while …

Power Grid Market Surge Towards Solid Growth by 2028

Power Grid Market

The global Power Grid Market is projected to reach USD 367.4 billion in 2028 from USD 282.1 billion in 2023 at a CAGR of 5.4% according to a new report by MarketsandMarkets™.  The power grid delivers on-demand electricity from power plants to homes and businesses …

Fuel Cell Market Towards Huge Growth in the Coming Years

Fuel Cell Market

The global fuel cell market size is estimated to be USD 2.9 billion in 2022 and projected to reach USD 9.1 billion by 2027, at a CAGR of 26.0%. Stringent emission norms across the globe is a driving factor for the market growth. Moreover, increase …

Blower Market Soaring to $4.3 Billion by 2027: A Comprehensive Industry Analysis and Forecast

The blower market size is estimated to be USD 3.5 Billion in 2022 and is projected to reach USD 4.3 Billion by 2027; it is projected to grow at a CAGR of 4.3% during the forecast period. The key drivers for the blower market increasing …

Nuclear Power Plant Equipment Market to Show Promising Growth in Near Future

Hydrogen Generation Market

The global Nuclear Power Plant Equipment Market is projected to reach USD 18.6 billion in 2027 from USD 15.7 billion in 2022 at a CAGR of 3.5% according to a new report by MarketsandMarkets™. The global Nuclear Power Plant Equipment Market is being pushed by …

Revolutionizing the Shipping Industry: The Rise of Smart Ports

Smart Port Market

The global smart port market is projected to reach USD 5.7 billion by 2027 from an estimated USD 1.9 billion in 2022, at a CAGR of 24.3% during the forecast period. The global smart port market is primarily being driven by increasing international maritime trade …