The Role of Smart Meter Market in the US Energy Sector

Smart Meter Market

The Smart Meter market in the U.S.  is a thriving sector within the global market that is expected to grow at a significant growth rate due to Implementation of climate change policies and rising investments in smart grid infrastructures. Among the end use industries, Residential …

Driving Innovation: Electric Motors Market Transforming US Manufacturing

Electric Motors Market

The electric motors market in the U.S.  is a thriving sector within the global market that is expected to grow at a significant growth rate due to the rising demand for energy-efficient motors across diverse industries such as Industrial, Commercial, Residential, Agriculture, and Transportation. Among …

Nuclear Power Plant Control System Market worth $825 Million by 2028

Nuclear Power Plant Control System Market

The global Nuclear Power Plant Control System Market is expected to reach USD 825 million by 2028 from USD 636 million in 2023 at a CAGR of 5.3% during the 2023–2028 period according to a new report by MarketsandMarkets™.  Nuclear energy as clean energy is a more reliable …

Virtual Power Plant Market worth $5.5 Billion by 2029

Virtual Power Plant Market

The global Virtual Power Plant Market is expected to grow from an estimated USD 1.9 billion in 2024 to USD 5.5 billion by 2029, at a CAGR of 23.4% during the 2024–2028 period according to a new report by MarketsandMarkets™.  Virtual power plants are essential …

Recloser Market is Estimated to Reach $1.5 billion by 2030 – Schneider Electric, Eaton, ABB, General Electric

According to a research report “Recloser Market by Phase (Three-phase, Single-phase, and Triple Single-phase), Control Type (Electronic and Hydraulic), Voltage Rating (Up to 15 kV, 16-27 kV, and 28-38 kV), Insulation Medium (Oil, air, and epoxy) Region – Global Forecast to 2030″ published by MarketsandMarkets, …

Driving Growth: The Rising Demand for Brushless DC Motor Market in the US

Brushless DC Motor Market

The brushless DC motor market in the U.S.  is a thriving sector within the global market that is expected to grow at a significant growth rate due to the rapid proliferation of motor drives across diverse industries such as automotive, consumer electronics, medical devices, manufacturing, …

Electrifying Growth: US Electrolyzers Market Surges Towards Sustainable Hydrogen

Electrolyzers Market

The electrolyzers market in the U.S. is a thriving sector within the global market that is expected to grow significantly due to the growing demand from the mobility industry, the presence of big players, and the implementation of stringent environmental regulations emphasizing the use of …

Grid Growth: Laminated Busbar Market Electrifies US Utility Networks

Laminated Busbar Market

Laminated busbars are a critical component of any electrical utility infrastructure. These busbars are current-carrying conductors coated or laminated with insulation mediums such as epoxy powder coating, polyester film, among others which help eliminate interference and reduce losses, resulting in increased system efficiency. The laminated …

Fueling Innovation: Unlocking the Potential of E-Fuels Market in US

E-fuels Market

The e-fuels market in the U.S.  is a thriving sector within the North American e-fuels market that is expected to grow at a significant growth rate due to several factors, such as increasing focus on reducing GHG emissions and rising investments in R&D of e-fuel …

Energy Management Systems Market worth $75.6 Billion by 2028

Energy Management Systems Market

The global Energy Management Systems Market is expected to grow from an estimated USD 40.7 billion in 2023 to USD 75.6 billion by 2028, at a CAGR of 13.2% during the forecast period. Several laws and regulations aimed at reducing energy consumption and spreading awareness regarding …

Energy as a Service Market worth $105.6 Billion by 2027

Energy as a Service Market

Increasing distributed energy resources, new revenue generation streams for utilities, availability of federal and state tax benefits for energy-efficiency projects and decreasing cost of renewable power generation and storage solutions are driving the demand for energy as a service globally. The global Energy as a Service …

Biorefinery Market will Escalate Rapidly in the Near Future

Hydrogen Energy Storage Market

The global biorefinery market is expected to witness significant growth during the forecast period due to increased government initiatives and increased need for environmental sustainability as well as technological advancements and increased investments in the biorefinery market. The global Biorefinery Market is projected to grow from USD 141.8 …

Green Ammonia Market worth $17.9 Billion by 2030

Green Ammonia Market

Green ammonia refers to the production of renewable and carbon-free ammonia. It is produced by generating energy from solar/wind/hydropower, which is then fed into an electrolyzer. It extracts hydrogen from water, while nitrogen is removed from the air using an air separation unit. In this …

Smart Meter Market worth $36.3 Billion by 2028

Smart Meter Market

The global Smart Meter Market is expected to grow from an estimated USD 23.1 billion in 2023 to USD 36.3 billion by 2028, at a CAGR of 9.4% during the forecast period. The smart meters are able to communicate with the utility company in real time, allowing for …