Surge Arrester Market Outlook and Emerging Industry Trends

Surge Arrester Market

The global Surge Arrester Market size is expected to grow from an estimated USD 1.5 billion in 2020 to USD 1.9 billion by 2025, at a CAGR of 4.9% during the forecast period. The rising demand for electricity in APAC and the growing focus of …

Load Break Switch Market to Show Significant Growth in Near Future

Load Break Switch Market

The global load break switch market is expected to grow from an estimated market size of USD 2.23 Billion in 2018 to USD 3.12 Billion by 2023, at a CAGR of 6.16%, during the forecast period. The global load break switch market is set to …

Electric Insulator Market Market to Show Stunning Growth in Near Future

Electric Insulator Market

The global electric insulator market is expected to grow from an estimated USD 10.17 billion in 2018 to USD 13.34 billion by 2023, at a CAGR of 5.58%. In 2018, the market in Asia Pacific is estimated to be the largest, followed by North America. …

Synchronous Condenser Market to Observe Significant Growth by 2030

Synchronous Condenser Market

The global Synchronous Condenser Market is projected to grow from USD 661 million in 2022 to USD 811 million by 2030, at a CAGR of 2.6% according to a new report by MarketsandMarkets™. Synchronous condensers ensure a stable supply to the transmission grid. They can …

Circuit Breaker Market to Show Strong Growth in Near Future

Industrial Control Transformer Market

The global Circuit Breaker Market size is expected to grow from an estimated USD 5.7 billion in 2020 to USD 7.7 billion by 2025, at a CAGR of 5.9%, during the forecast period. Growing investments in smart grid technologies to protect and control power equipment …

Transformer Oil Market to Witness Healthy Growth in Near Future

Transformer Oil Market

The global Transformer Oil Market size is expected to grow from an estimated USD 1.9 billion in 2021 to USD 3.3 billion by 2030, at a CAGR of 6.5%. The expansion of electric grids in developing countries and the modernization of the electric grids in the developed …

Transformer Oil Market to See Huge Growth by 2030

Switchgear Market

The global Transformer Oil Market size is expected to grow from an estimated USD 1.9 billion in 2021 to USD 3.3 billion by 2030, at a CAGR of 6.5%. The expansion of electric grids in developing countries and the modernization of the electric grids in …

Digital Utility Market to Witness Stunning Growth in Near Future

Digital Utility Market

The global digital utility market is expected to grow from an estimated $135.16 billion in 2017 to $244.31 billion by 2022, at a CAGR of 12.57%, from 2017 to 2022. The North America is currently the largest market for digital utility, closely followed by the Europe and …

Switchgear Monitoring System Market to Witness Strong Growth by 2025

Switchgear Monitoring System Market

According to the new market research report “Switchgear Monitoring System Market by Type (GIS, AIS), Voltage (High, Medium), Component (Hardware, Software & Services), Monitoring (Temperature, PD, Gas, Others), End User (Utilities, Industries, Commercial), & Region – Global Forecast to 2025″,published by MarketsandMarkets™,the global Switchgear Monitoring …

Surge Arrester Market to Shows Robust Growth in Future

Surge Arrester Market

The global Surge Arrester Market is projected to reach USD 1.9 billion by 2025 from an estimated USD 1.5 billion in 2020, at a CAGR of 4.9% during the forecast period. The rising demand for electricity in APAC and the growing focus of on increasing …

Distribution Boards Market to See Strong Growth in Near Future

Distribution Boards Market

The global distribution boards market is expected to grow from an estimated $4.33 billion in 2016 to $5.91 billion by 2021, growing at a CAGR of 6.4% from 2016 to 2021. The market growth is driven by factors such as the growing need to protect …

Air Insulated Switchgear Market to Observe Strong Growth in Near Future

Air Insulated Switchgear Market

The global air insulated switchgear market is projected to grow at a CAGR of 4.68% from 2017 to 2022. In 2016, Asia-Pacific is estimated to be the largest market for air insulated switchgear, followed by the Europe, and North America. This trend is expected to …

Bright future for Smart Grid Market | CAGR 19.1%

Smart Grid Market

According to the new market research report “Smart Grid Market by Component (Software, Hardware, Services), Application (Generation, Transmission, Distribution, Consumption/End Use), Communication Technology (Wireline, Wireless), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the smart grid market size will grow to USD 103.4 …

Electric Insulator Market to Witness Impressive Growth by 2023

Electric Insulator Market

The global electric insulator market is expected to grow from an estimated USD 10.17 billion in 2018 to USD 13.34 billion by 2023, at a CAGR of 5.58%. In 2018, the market in the Asia Pacific is estimated to be the largest, followed by North …