Gas-insulated Switchgear Market is Expected to Grow $26.5 Billion by 2025

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%. The factors driving market growth are the growing investments in renewable energy and government initiatives to reduce carbon emissions …

Air Circuit Breaker Market To Witness Significant Growth In Near Future

Air Circuit Breaker Market

The global Air Circuit Breaker Market size is projected to reach USD 3.9 billion by 2024 from an estimated USD 3.0 billion in 2019, at a CAGR of 5.2% during the forecast period. Asia Pacific is estimated to be the largest market for air circuit …

COVID-19 Impact on Smart Grid Market: Emerging Trends and Industry Growth during 2020-2021

Smart grids enabletwo-way communication between utilities and end-users, whereas the traditional system consists of electrical wires, wires, cables, towers, and distribution lines. Increased investments in the digitalization of the grid by implementing advanced communication technology will fuel the growth of smart grid market. The smart …