Attractive Opportunities for Market Players in Concentrating Solar Power Market

The global concentrating solar power market size is estimated to be USD 6.0 billion in 2022 and is projected to reach USD 19.9 billion by 2027; it is projected to grow at a CAGR of 26.9% during the forecast period.. The key drivers for the …

Offshore Wind Market: An Effective Source of Renewable Energy

Offshore Wind Market

The global Offshore Wind Market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. Offshore wind is a crucial pillar in the energy mix together with onshore wind for …

Power Plant Control System Market: Increased wind and solar power plant installations to drive market

New Revenue Pockets: The global power plant control system market is projected to reach USD 10.2 billion by 2026 from an estimated USD 7.2 billion in 2021, at a CAGR of 7.3% during the forecast period. The growing need for zero downtime power supply solutions …

AC Power Sources Market Trends & Opportunities with Forecast 2022-2027

New Revenue Pockets: The AC power sources market size will grow to USD 1.7 Billion by 2027 from USD 1.5 Billion in 2022, at a CAGR of 2.2% during the forecast period. The growth of the AC power sources market is mainly driven by the …

Boiler Control Market to Show Significant Growth in Near Future

Boiler Control Market

The global boiler control market is expected to grow from an estimated USD 1.80 billion in 2018 to USD 2.42 billion by 2023, at a CAGR of 6.09%. The boiler control market is set to witness significant growth due to the rising demand from the …

Surge Arrester Market Outlook and Emerging Industry Trends

Surge Arrester Market

The global Surge Arrester Market size is expected to grow from an estimated USD 1.5 billion in 2020 to USD 1.9 billion by 2025, at a CAGR of 4.9% during the forecast period. The rising demand for electricity in APAC and the growing focus of …

Load Break Switch Market to Show Significant Growth in Near Future

Load Break Switch Market

The global load break switch market is expected to grow from an estimated market size of USD 2.23 Billion in 2018 to USD 3.12 Billion by 2023, at a CAGR of 6.16%, during the forecast period. The global load break switch market is set to …

Distributed Generation Market to Observe Massive Growth in Near Future

Distributed Generation Market

The global distributed generation market is expected to grow from an estimated USD 60.04 Billion in 2017 to USD 103.38 Billion by 2022, at a CAGR of 11.48%. This growth can be attributed to the increased global demand for electricity, decreasing costs of solar technology, …

Silent Generator Market to Observe Significant Growth by 2027

According to the new market research report “Silent Generator Market by Sound Level (Super Silent, Silent), Fuel (Diesel, Natural Gas), Power Rating (Up to 25 kVA, 25-49 kVA, 50-99 MW, 100-499 kVA, & Above 500 kVA), Phase, Type, Application, End-User Industry and Region – Global …

Electric Insulator Market Market to Show Stunning Growth in Near Future

Electric Insulator Market

The global electric insulator market is expected to grow from an estimated USD 10.17 billion in 2018 to USD 13.34 billion by 2023, at a CAGR of 5.58%. In 2018, the market in Asia Pacific is estimated to be the largest, followed by North America. …

Green Ammonia Market to Experience Tremendous Growth in Near Future

Green Ammonia Market

The global Green Ammonia Market size is projected to grow from USD 16 million in 2021 to reach USD 5,415 million by 2030, at a CAGR of 90.2% during the forecast period. Green hydrogen projects are increasing as many countries are focusing on investing in …

Power Grid System Market in Subsea Growth Opportunities by 2027

Global Power Grid System Market in Subsea Overview: The global power grid system market in subsea is projected to reach USD 14.8 billion by 2027 from an estimated USD 9.1 billion in 2022, at a CAGR of 10.2% during the forecast period. Favorable government policies …

Industrial Control Transformer Market Projected to Witness Vigorous Expansion by 2027

Industrial Control Transformer Market

The global industrial control transformer market size will grow to USD 1.2 billion by 2027 from USD 0.9 billion in 2022, at a CAGR of 5.0% during the forecast period. Rising energy consumption across industries, increasing usage of industrial control transformers in major industries, hence …

Circuit Breaker Market to Show Strong Growth in Near Future

Industrial Control Transformer Market

The global Circuit Breaker Market size is expected to grow from an estimated USD 5.7 billion in 2020 to USD 7.7 billion by 2025, at a CAGR of 5.9%, during the forecast period. Growing investments in smart grid technologies to protect and control power equipment …