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 …

Booster Compressor Market to Show Stunning Growth in Near Future

Booster Compressor Market

The global Booster Compressor Market is projected to reach a market size of USD 2.39 Billion in 2023, growing at a CAGR of 4.50%, from an estimated USD 1.92 Billion in 2018. The market in Asia Pacific is estimated to be the largest for booster compressors, followed …

Battery Monitoring System Market to Experience Tremendous Growth in Near Future

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 …

Renewable Drones Market to Show Massive Growth in Near Future

Renewable Drones Market

The global Renewable Drones Market size will grow to USD 148 million by 2025 from USD 45 million in 2020, at a CAGR of 27.1% during the forecast period. The rising adoption of drones for reducing inspection, increasing focus on asset optimization are the driving factors …

Industrial Power Supply Market Booming Worldwide with Strong Growth by 2027

Industrial Power Supply Market

The global Industrial Power Supply Market is projected to grow from USD 10.8 billion in 2022 to USD 14.5 billion by 2027, at a CAGR of 6.0% according to a new report by MarketsandMarkets™.  The growth of the industrial power supply market can be attributed …

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 …

Pool & Spa Market to Witness Healthy Growth by 2027

Pool & Spa Market

According to the new market research report “Pool & Spa Market by Type (Pools – Lap, Wading, Heated; Spas – Electric, Steam, Sauna, Hydromassage Bath), Accessories (Filters, Chlorinators, Blowers, Cleaners, Covers, Suction Fittings, Pumps), Material and Region – Global Forecast to 2027″, published by MarketsandMarkets™, …

Fuel Cell Generator Market to Witness Massive Growth by 2030

Fuel Cell Generator Market

According to the new market research report “Fuel Cell Generator Market by Type (PEMFC, SOFC, AFC), End User (Marine, Aquaculture, Construction, Agriculture, Data Center, Emergency Response Generator), Region (North America, Europe, Asia Pacific, Rest of the World) – Global Forecast to 2030”, published by MarketsandMarkets™, …

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 …

Industrial Filtration Market to Show Massive Growth in Near Future

Industrial Filtration Market

The global Industrial Filtration Market is expected to grow from USD 33.5 billion in 2022 to reach USD 45.2 billion by 2027, at a CAGR of 6.2% during the forecast period. The key drivers for the growth of the Industrial Filtration Market include government mandates …

Electrical Digital Twin Market Likely to Experience Tremendous Growth in Near Future

Electrical Digital Twin Market

The global Electrical Digital Twin Market size will grow to USD 1.3 billion by 2026 from USD 0.8 billion in 2021, at a CAGR of 12.2% during the forecast period. The integration of variable renewable energy with the grid and increasing decentralization of distributed energy …

Green Ammonia Market will Escalate Rapidly in Near Future

Green Ammonia Market

The global Green Ammonia Market size is projected to grow from USD 16 million in 2021 to reach USD 5,415 million by 2030, at a CAGR of 90.2% during the forecast period. Green hydrogen projects are increasing as many countries are focusing on investing in …

Perforating Gun Market to Show Strong Growth in Near Future

Perforating Gun Market

The global perforating gun market is projected to reach USD 1.4 billion by 2027 from an estimated market size of USD 1.1 billion in 2022, at a CAGR of 5.6% during the forecast period. The factors driving the growth for Perforating Gun Market are rising …

Power Rental Market to Show Strong Growth in Near Future

Power Rental Market

The global Power Rental Marketis projected to reach USD 12.8 billion by 2027 from an estimated USD 9.8 billion in 2022, at a CAGR of 5.6% during the forecast period. The rapid expansion of the industrial sector along with the Surging demand for uninterrupted & …