The global paralleling switchgear market is estimated to grow at a CAGR of 5.82% from 2018 to 2023, to reach a market size of USD 1.55 billion by 2023. The increase in distributed generation, ageing and overburdening of power grids, and investment in industrial sectors …
The global tension control market is expected to grow at a CAGR of 4.65%, from 2017 to 2022, to reach a market size of USD 1,118.8 million by 2022. The increasing demand for automated tension control and the rising transition toward flexible printing & packaging …
The global smart electric meter market is expected to grow at a CAGR of 4.11%, from 2018 to 2023, to reach a market size of USD 11.33 billion by 2023. Factors such as growing investments in the smart grid infrastructure and rising share of power …
The drilling tools market is expected to grow at a CAGR of 4.75%, from 2017 to 2022, to reach a market size of USD 8.61 billion by 2022. Increase in drilling activities and development of unconventional hydrocarbon resources along with rising energy demand from Asia …
The global busbar protection market is expected to grow at a CAGR of 6.10%, from 2018 to 2023, to reach a market size of USD 4.31 billion by 2023. The addition of new transmission & distribution line along with the refurbishment of the old transmission …
The global centrifugal pump market is expected to grow at a CAGR of 3.83%, from 2017 to 2022, to reach a market size of USD 36.98 billion by 2022. The increasing demand for wastewater treatment and desalination, continuing investments in infrastructure development, and rapid industrialization …
The global industrial control transformer market is expected to grow at a CAGR of 5.14%, from 2018 to 2023, to reach a market size of USD 1,039.8 million by 2023. The factors driving the market include increased usage of industrial control transformers across major industries, …
The global wire and cable management market is expected to grow at a CAGR of 8.36%, from 2018 to 2023, to reach a market size of USD 25.26 billion by 2023. The increasing demand for easy-to-handle cables and better aesthetics, continuing investments in infrastructural development, …
The battery monitoring system market is estimated to grow at a CAGR of 18.23%, from 2017 to 2022, to reach a market size of USD 5.47 billion by 2022. Deployed to monitor parameters such as state of charge, state of health, electrolyte levels, impedance, current, …
The global turbine control system market is projected to reach USD 19.00 billion by 2023, growing at a CAGR of 4.66%, from an estimated USD 15.13 billion in 2018. The growth of the turbine control system market is majorly driven by the growth of conventional …
The global instrument transformers market is projected to grow to reach USD 9.06 billion by 2022, growing at a CAGR of 4.35%, from estimated USD 7.32 billion in 2017. The major drivers of the instrument transformers market include refurbishment of aging power infrastructure, increasing emphasis …
The global recloser market (including the sectionalizer market) is expected to grow at a CAGR of 4.88%, from 2017 to 2022, to reach a market size of USD 2.71 billion by 2022. The increasing demand for electric power worldwide, subsequent investments in installing renewable generation, …
The global oil & gas pumps market in industry is projected to reach USD 10.36 billion by 2023 from an estimated USD 8.47 billion in 2018, at a CAGR of 4.12%. This growth can be attributed to the increasing growth of unconventional resources in the …
The global laminated busbar market is expected to grow at a CAGR of 6.21%, from 2017 top 2022, to reach a market size of USD 1,004.5 million by 2022. The increasing demand for electric vehicles and hybrid electric vehicles to reduce pollution in tier 1 …