The global smart grid market is expected to grow from an estimated USD 43.1 billion in 2021 to USD 103.4 billion by 2026, at a CAGR of 19.1% during the forecast period. The modernization of aging grid infrastructure is one of the primary factors driving …
The global energy efficient motor market is projected to reach USD 41.6 billion by 2023 from USD 30.3 billion in 2018, at a CAGR of 6.5% between 2018 and 2023. The major factors driving the growth of the energy-efficient motor market are energy savings and …
The global Environmental Technology Market is estimated at USD 552.1 billion in 2021 and is projected to reach USD 690.3 billion by 2026, at a CAGR of 4.6% during the forecast period. Increase in demand from different verticals and a stringent government regulation is one …
The global smart electric meter market is projected to grow from an estimated USD 9.27 billion in 2018 to USD 11.33 billion by 2023, at a CAGR of 4.11%, during the forecast period. The increased need for efficient data monitoring systems, coupled with favourable government …
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 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 …
The marine engines market size will grow to USD 13.3 billion by 2027 from USD 11.7 billion in 2022, at a CAGR of 2.6% during the forecast period. Growth in international marine freight transport, aging fleet, and adoption of smart engines for performance and safety …
The global Offshore Wind Market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. Offshore wind is a crucial pillar in energy mix together with onshore wind …
According to the new market research report “Power Distribution Unit Market by Type (Basic, Metered, Switched, Monitored, ATS, Hot Swap, Dual Circuit), Phase (Single & Three), Power Rating (Up to 120 V, 120–240 V, 240–400 V, above 400 V), End User and Region – Global …
According to the new market research report, Fuel Cell Market by Type (PEMFC, SOFC, PAFC, MFC, DMFC, AFC), Application (Portable, Stationary, Vehicles (FCV)), Size (Small & Large), End User (Residential, C&l, Transportation, Data Center, Military & Defense, Utility), Region – Global Forecast to 2027“, The …
According to the new market research report “Pressure Vessel Market by Type (Boiler, Reactor, Separator), Material, Heat Source (Fired Pressure Vessel and Unfired Pressure Vessel), Application (Storage Vessels and Processing Vessels), End-User and Region – Global Forecast to 2027″, published by MarketsandMarkets™, The global pressure …
According to the new market research report, global Variable Frequency Drive Market is expected to grow at a CAGR of 4.8% during the forecast period, from an estimated USD 21.2 billion in 2022 to USD 26.8 billion in 2027. Variable frequency drives are increasingly being …
According to the new market research report “Large-scale Natural Refrigerant Heat Pump Market is projected to reach USD 9.1 billion by 2027 from an estimated market size of USD 5.8 billion in 2022, at a CAGR of 9.4% during the forecast period. The factors driving …
The report Industrial Burner Market is expected to grow at a CAGR of 6.1% during the forecast period, from an estimated USD 5.9 billion in 2022 to USD 7.9 billion in 2027. Increasing power generation worldwide coupled with the surging adoption of dual-fuel industrial burners …