Cryogenic Equipment Market Size to Hit $17.1 billion by 2025; High Demand for Industrial Gases from the Metallurgy and Energy Industries

Cryogenic Equipment Market

Global Cryogenic Equipment Market Scenario: The cryogenic equipment market is projected to reach USD 17.1 billion by 2025 from an estimated USD 12.6 billion in 2020, at a CAGR of 6.4% during the forecast period. Increasing demand for industrial gases and investments in LNG infrastructure …

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 …

Renewable Drones Market: Growing Adoption of Drones to Reduce Cost of Inspection Operation of Solar and Wind Farm

Renewable

The global Renewable Drones Market is projected to reach a size of USD 148 million by 2025, at a CAGR of 27.1%, from an estimated USD 45 million in 2020. The rising adoption of drones for reducing inspection, increasing focus on asset optimization are the …

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 …

Utility Drones Market: Future Trends and Opportunities

Utility Drones Market

The global Utility Drones Market is estimated to be USD 110.2 million in 2018 and is projected to reach USD 538.6 million by 2023, at a CAGR of 37.34% from 2018 to 2023. Drones that are mainly used for utilities inspection, survey, and asset management …

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 …

Power SCADA Market to Witness A Phenomenal Growth by 2026

Power SCADA Market

According to the new market research report “Power SCADA Market by Architecture (Hardware, Software, Services), Component (Remote Terminal Unit, Programmable Logic Controller, Human Machine Interface, Communication System Protection relays), End User and Region- Global Forecast to 2026″, published by MarketsandMarkets™, the Power SCADA Market size …

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 …

DC Power Supplies Market to Grow $454 Million by 2024

DC Power Supplies Market

The global DC power supplies market size is projected to reach USD 454 million by 2024 from an estimated value of USD 361 million in 2019, at a CAGR of 4.7% from 2019 to 2024. The growing wireless communication & infrastructure and aerospace & defense …

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 …

Environmental Technology Market to Witness Stunning Growth through 2026

Environmental Technology Market

According to the new market research report “Environmental Technology Market by Component (Solutions, Services), Technological Solutions (Waste Valorization, Greentech, Nuclear Energy, Bioremediation), Application, Vertical (Municipal, Industrial), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the  Environmental Technology Market is estimated at USD 552.1 …

Industrial Filtration Market Analysis with Ongoing Trends & Developments

Industrial Filtration Market

The global Industrial Filtration Market size is expected to grow from an estimated value of USD 29.5 billion in 2020 to USD 41.1 billion by 2025, at a CAGR of 6.9% from 2020 to 2025. The growth of this market is driven by strict government …