Electrical Digital Twin Market: Growing Adoption of Renewables and Grid Digitalization to Boost Market

Electrical Digital Twin Market

According to the new market research report “Electrical Digital Twin Market by Twin Type (Gas & Steam Power Plant, Wind Farm, Digital Grid, Others), Usage Type (Product, Process, System), Deployment Type (Cloud, On-Premises), End User, Application, and Geography – Global Forecast to 2026″, published by …

Bioliquid Heat and Power Generation Market to See Robust Growth in Near Future

Bioliquid Heat and Power Generation Market

The global bioliquid heat and power generation market is expected to grow from an estimated value of $1.67 billion in 2017 to $2.29 billion by 2022, at a CAGR of 6.54%, from 2017 to 2022. The bioliquid heat and generation market is driven by factors …

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 …

Floating LNG Power Vessel Market will Escalate Rapidly in the Near Future

Floating LNG Power Vessel Market

The global floating LNG power vessel market is expected to grow from an estimated $860.1 million in 2018 to $931.6 million by 2023. In 2018, the Asia Pacific market is estimated to be the largest, followed by the Middle East & Africa. Factors such as …

Boiler Control Market Sees Strong Growth by 2023

Boiler Control Market

The global boiler control market is estimated to reach a market size of $1.80 billion in 2018 and is projected to reach $2.42 billion, at a CAGR of 6.09%, from 2018 to 2023. The boiler control market is set to witness significant growth due 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 …

Solar Backsheet Market Booming Worldwide with Strong Growth by 2023

Solar Backsheet Market

The global solar backsheet market is estimated to be USD 1.71 Billion in 2018 and is projected to reach USD 2.40 Billion by 2023, growing at a CAGR of 7.02%, from 2018 to 2023. An increase in solar PV installation along with policy support from …

Electrical Bushings Market to Witness Significant Growth by 2023

The global electrical bushings market is projected to grow at a CAGR of 3.86%, from 2018 to 2023. In 2017, Asia Pacific was the largest market for electrical bushings, followed by Europe and North America. The growth of the electrical bushings market is mainly driven by …

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 …

Digital Utility Market Likely to Boost Future Growth by 2022

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. North America is currently the largest market for digital utility, closely followed by the Europe and Asia-Pacific …

Laminated Busbar Market to Witness Strong Growth by 2025

Laminated Busbar Market

The global laminated busbar market is projected to grow at a CAGR of 6.6% from 2020 to 2025, to reach a market size of USD 1,183 million by 2025 from USD 861 million in 2020. Cost-efficiency and operational benefits of laminated busbars, demand for safe …

Distributed Generation Market to See Massive Growth by 2022

The global distributed generation market is expected to grow from an estimated USD 60.04 Billion in 2017 to USD 103.38 Billion by 2022, at a CAGR of 11.48%. This growth can be attributed to the increased global demand for electricity, decreasing costs of solar technology, …

Battery Monitoring System Market to See Huge Growth by 2022

Battery Monitoring System Market

The global battery monitoring system market is projected to grow at a CAGR of 18.23%, to reach a market size of USD 5.47 Billion by 2022, from an estimated USD 2.37 Billion in 2017. North America is estimated to be the largest market for battery …