The global Smart Grid Market size is projected to reach USD 103.4 billion by 2026 from USD 43.1 billion in 2021 at a CAGR of 19.1% during the forecast period. Smart grid technology enables the transition from a traditional energy distribution network to an intelligent …
The global Grid-forming Inverter Market is projected to reach USD 1,042 million in 2028 from USD 680 million in 2023 at a CAGR of 8.9% according to a new report by MarketsandMarkets™. Grid-forming inverters actively regulate the grid’s frequency and voltage to ensure that it …
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 owing to …
The global Geospatial Solutions Market is projected to reach $502.6 billion by 2024 from an estimated $239.1 billion in 2019, at a CAGR of 13.2% during 2019-2024. This growth can be attributed to factors such as integration of geospatial technology into mainstream technologies, advancements in …
The global blockchain in energy market is expected to reach USD 7,110.1 Million by 2023 from an estimated USD 394.3 Million in 2018, at a CAGR of 78.32% from 2018 to 2023. The blockchain in energy market growth can be attributed to the Increasing popularity …