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 …
Global Portable Generator Market Overview: The portable generator market is projected to reach USD 2.5 billion by 2026 from an estimated USD 1.8 billion in 2021, at a CAGR of 6.7% during the forecast period. Increasing instances of power outages owing to aging grid infrastructure …
MicroGrids are commonly used for grouping of electricity generation and are connected to the regular electrical grids. Localization of electricity generation also helps in energy storage, with efficient and reliable services. Employment of numerous types of distributed energy technologies is driving the global MicroGrid market …
According to a new market research report “Global Microgrid Market Forecast & Analysis (2012-2022): By Types (Hybrid, Off-Grid, Grid Connected); Technology (Switch Gears, Pv Inverter, Storage (Batteries, Flywheels, Super Capacitors), Microturbines); Application (Campus, Commercial, Defense)” published by MarketsandMarkets (www.marketsandmarkets.com), the total market is expected to …