Power Transformer Market worth $37.7 Billion by 2029

Power Transformer Market

The global Power Transformer Market is expected to grow from an estimated USD 27.9 billion in 2024 to USD 37.7 billion by 2029, at a CAGR of 6.2% during the forecast period according to a new report by MarketsandMarkets™. This growth is primarily driven by the …

Air Insulated Switchgear Market worth $85.9 Billion by 2029

Air Insulated Switchgear Market

The global Air Insulated Switchgear Marketis expected to grow from an estimated USD 67.3 billion in 2024 to USD 85.9 billion by 2029, at a CAGR of 5.0% during the forecast period according to a new report by MarketsandMarkets™. The air insulated switchgear market is poised …

Surge Arrester Market worth $1.9 Billion by 2025

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 on increasing …

Diesel Generator Market worth $23.4 Billion by 2029

Diesel Generator Market

The global Diesel Generator Market is expected to reach USD 23.4 billion by 2029 from USD 17.9 billion in 2024 at a CAGR of 5.4% during the forecast period according to a new report by MarketsandMarkets™.  Diesel generators are essential because they provide reliable and constant source of …

Power SCADA Market worth $2.9 Billion by 2028

Power SCADA Market

The global Power SCADA Market is expected to grow from an estimated USD 2.1 billion in 2023 to USD 2.9 billion by 2028, at a CAGR of 7.1% during the 2023–2028 period according to a new report by MarketsandMarkets™.  Key to this growth is the increasing emphasis on the …

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 …

Pad-Mounted Switchgear Market worth $7.1 Billion by 2028

Pad–Mounted Switchgear Market

The global Pad-Mounted Switchgear Market is projected to reach USD 7.1 billion in 2028 from USD 5.6 billion in 2023 at a CAGR of 5.1% according to a new report by MarketsandMarkets™.  Pad-mounted switchgear systems provide easy access to cable connections and operating apparatus, while …

Transformer Monitoring Market worth $3.7 Billion by 2028

Transformer Monitoring Market

The global Transformer Monitoring Market is expected to grow from an estimated USD 2.4 billion in 2023 to USD 3.7 billion by 2028, at a CAGR of 9.1% during the 2023–2028 period according to a new report by MarketsandMarkets™. Transformer monitoring is critical for guaranteeing …

Gas Insulated Switchgear Market worth $31.6 Billion by 2028

Gas Insulated Switchgear Market

The global Gas Insulated Switchgear Market is expected to grow from an estimated USD 23.8 billion in 2023 to USD 31.6 billion by 2028, at a CAGR of 5.8% according to a new report by MarketsandMarkets™. The Gas Insulated Switchgear Market is poised for substantial growth during this …

Air Circuit Breaker Market worth $4.1 Billion by 2028

Air Circuit Breaker Market

The global Air Circuit Breaker Market is expected to reach USD 4.1 billion by 2028 from USD 3.2 billion in 2023 at a CAGR of 5.0% during the 2023–2028 period according to a new report by MarketsandMarkets™.  Key growth catalysts include rising investments in smart grid technologies aimed …

Power Management System Market Likely to Boost Future Growth by 2028

Power Management System Market

The global Power Management System Market is projected to reach USD 7.5 billion in 2028 from USD 5.8 billion in 2023 at a CAGR of 5.4% according to a new report by MarketsandMarkets™.  Power Management System (PMS) is a set of hardware and software components …

AC Circuit Breaker Market Surge Towards Strong Growth by 2028

AC Circuit Breaker Market

The global AC Circuit Breaker Market is projected to reach USD 5.3 billion in 2028 from USD 4.1 billion in 2023 at a CAGR of 5.3% according to a new report by MarketsandMarkets™.  An AC circuit breaker is a switch that interrupts or breaks the …

Pad-Mounted Switchgear Market: Installation of Underground Distribution Systems to Reduce Energy Losses and Enhance Safety

Pad-Mounted Switchgear Market

The global Pad-Mounted Switchgear Market is projected to reach USD 7.1 billion in 2028 from USD 5.6 billion in 2023 at a CAGR of 5.1% according to a new report by MarketsandMarkets™.  Pad-mounted switchgear systems provide easy access to cable connections and operating apparatus, while …

Power Plant Boiler Market Likely to Boost Future Growth by 2025

Portable Power Station Market

The global Power Plant Boiler Market size is expected to grow from an estimated USD 18.1 billion in 2020 to USD 22.8 billion by 2025, at a CAGR of 4.8%, during the forecast period. Increasing demand for electricity and growing focus on clean fossil fuels such as …