Pad-Mounted Switchgear Market: Advanced Technologies & Growth Opportunities by 2024

The global pad-mounted switchgear market is projected to reach USD 7.2 billion by 2024 from an estimated market size of USD 5.5 billion in 2019, at a CAGR of 5.4% during the forecast period. The factors driving the market include increasing investments in distribution infrastructure …

Small Hydropower Market: Rising Impressive Business Opportunities by 2024

The global small hydropower market is projected to reach USD 3.0 billion by 2024 from an estimated market size of USD 2.6 billion in 2019, at a CAGR of 2.4% during the forecast period. The global market is set to witness significant growth owing to …

Pressure Vessel Market to Register Substantial Growth by 2025

The global Pressure Vessel Market size is projected to reach USD 53.3 billion by 2025 from an estimated USD 42.7 billion in 2020, at a CAGR of 4.5% during the forecast period. Increasing construction of refinery & chemical plants and the adoption of supercritical and …

Protective Relay Market to See Major Growth by 2025 | ABB, GE, Schneider Electric, Siemens, and SEL.

The global Protective Relay Market is projected to reach USD 2.7 billion by 2025 from an estimated market size of USD 2.0 billion in 2020, at a CAGR of 5.7% during the forecast period. The global Protective Relay Market is set to witness significant growth …

COVID-19 Impact on Renewable Energy Market: Future Scope and Industry Growth during 2020-2021

As renewable energy is the best and environment-friendly alternative to oil, the demand for renewable energy and related projects is likely to increase in the near future. This renewable energy market will be less impacted during the COVID-19 period. The COVID-19 Impact on Renewable Energy …

COVID-19 Impact on Smart Grid Market: Emerging Trends and Industry Growth during 2020-2021

Smart grids enabletwo-way communication between utilities and end-users, whereas the traditional system consists of electrical wires, wires, cables, towers, and distribution lines. Increased investments in the digitalization of the grid by implementing advanced communication technology will fuel the growth of smart grid market. The smart …

Smart Meters Market Insights with statistics and Growth Prediction 2020 to 2025

Smart Meters Market

According to the new market research report “Smart Meters Market, By Type (Electric, Gas, Water), By Communication Type (RF, PLC, Cellular), By Component (Hardware, Software), By Technology (AMR, AMI), By End-user (Residential, Commercial, Industrial), and Region – Global Forecast To 2025″The global Smart Meters Market …

Offshore Wind Market Booming Worldwide with A Massive Growth of 15.32% by 2022 | Siemens AG, ABB Ltd., MHI Vestas, General Electric, EEW Group, A2Sea, Nexans, among others.

The offshore wind market has been rapidly growing, especially in Europe as it contributed the European Union (EU) to meet its renewable energy targets for 2020.  The market in Europe was estimated to be the largest market for offshore wind, followed by Asia-Pacific in 2016. …

Wave Energy Market Rising at 19.3% CAGR to 2025 with Major Player Eco Wave Power, Carnegie Clean Energy, SINN Power, CorPower, Ocean Power Technology, AMOG Consulting etc.

Wave Energy Market

According to the new market research report “Wave Energy Market by Technology (OSW, OBC, & Overtopping Converters), Location (Onshore, Nearshore, Offshore), Application (Desalination, Power Generation, and Environmental Protection), and Region – Global Forecast to 2025″ The global Wave Energy Market is projected to reach USD …

Electrical Digital Twin Market is Thriving with Rising Latest Trends by 2024

Electrical Digital Twin Market

The global electrical digital twin market is projected to reach USD 1,642 million by 2024 from an estimated USD 804 million in 2019, at a CAGR of 15.4%. This growth can be attributed to the improved accuracy and efficiency in power sector operations, streamlined integration …

Excitation Systems Market Insights with statistics and Growth Prediction to 2023

The global excitation systems market is expected to grow from an estimated USD 2.64 Billion in 2018 to USD 3.12 Billion by 2023, at a CAGR of 3.38% from 2018 to 2023. Rising demand for synchronous machines in end-use applications such as hydro as well …

Insight on Industrial Valves Market – Global Forecast to 2023

Industrial Valves Market by Material Type (Cast Iron, Steel, Cryogenic, Alloy Based), Size, Valve Type (Ball, Butterfly, Gate, Globe, Check, Plug), Industry (Oil & Gas, Water & Wastewater, Energy & Power), and Geography – Global Forecast to 2023 The overall industrial valves market is expected …