Circuit Breaker Market Outlook and Evolving Industry Trends

Circuit Breaker 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. Circuit breakers protect electrical circuits from overloading or short-circuiting. They are critical …

Biorefinery Market Likely to Boost Future Growth by 2027

Biorefinery Market

The global Biorefinery Market is projected to grow from USD 141.8 billion in 2022 to USD 210.3 billion by 2027, at a CAGR of 8.2% according to a new report by MarketsandMarkets™. New integrated biorefineries must be built in order to meet the expected growth …

Biomass Gasification Market to Witness Strong Growth by 2027

Biomass Gasification Market

The global Biomass Gasification Market is expected to grow from USD 29 million in 2022 to USD 45 million by 2027, at a CAGR of 8.9% according to a new report by MarketsandMarkets™. The biomass gasification market has promising growth potential due to the rising …

Bright future for Smart Meters Market | CAGR 9.0%

Smart Meters Market

The global smart meters market is projected to reach USD 30.2 billion by 2026 from USD 19.6 billion in 2021, at a CAGR of 9.0% during the forecast period. Smart Meters is increasingly being installed and is showing robust growth. Governments worldwide are undertaking several initiatives to …

Electric Motors Market Likely to Boost Future Growth by 2027

Electric Motors Market

The global Electric Motors Market is expected to grow from USD 134.0 billion in 2022 to USD 186.0 billion by 2027, at a CAGR of 6.8% according to a new report by MarketsandMarkets™. This market is mainly driven by increasing investments in electric vehicles and …

Industrial Power Supply Market to Witness Huge Growth by 2027

Water Desalination Equipment Market

The global Industrial Power Supply Market is expected to grow from USD 10.8 billion in 2022 to USD 14.5 billion by 2027, at a CAGR of 6.0% during the forecast period.  The growth of the industrial power supply market can be attributed to growing investments in energy-efficient devices …

Blue Hydrogen Market to Witness Promising Growth by 2030

Blue Hydrogen Market

The global Blue Hydrogen Market is projected to grow from USD 18.2 billion in 2022 to USD 44.5 billion by 2030, at a CAGR of 11.9% according to a new report by MarketsandMarkets™. The factors driving the growth of the Blue Hydrogen Market are the …

Thermal Energy Storage Market to Show Tremendous Growth Driven by Rising Demand for Energy Storage Technologies

Thermal Energy Storage Market

The global Thermal Energy Storage Market size is projected to reach USD 369 million by 2025, at a CAGR of 14.4%, from an estimated USD 188 million in 2020. The growth of the thermal energy storage market is majorly driven by increasing demand for energy storage technologies, …

Brushless DC Motor Market will Hit Big Revenues in Near Future

Brushless DC Motor Market

The global brushless DC Motor market size is expected to grow from an estimated USD 9.6 billion in 2020 to USD 15.2 billion by 2025, at a CAGR of 9.5%, during the forecast period. Increasing industrial applications of these motors and surging adoption of brushless DC motors …

Energy as a Service Market: New Revenue Generation Streams for Utilities

Energy as a Service Market

The global Energy as a Service Market is expected to grow from USD 64.7 billion in 2022 to USD 105.6 billion by 2027, at a CAGR of 10.3%. Increasing distributed energy resources, new revenue generation streams for utilities, availability of federal and state tax benefits for energy-efficiency projects …

Bright future for Green Ammonia Market | CAGR 90.2%

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 the development …

Protective Relay Market to Show Significant Growth in Near Future

Protective Relay Market

The global Protective Relay Market is projected to reach USD 2.7 billion by 2025 from an estimated market size of USD 2.0 billion in 2020, at a CAGR of 5.7% during the forecast period. The global Protective Relay Market is set to witness significant growth owing to …

Portable Power Station Market will Hit Big Revenues in Near Future

Portable Power Station Market

The global portable power station market size is projected to reach USD 494 million by 2026, from an estimated 358 million in 2021, at a CAGR of 6.7 % during the forecast period. The growth of the market is driven by the increasing use of …

Meter Data Management System Market to Show Promising Growth in Near Future

Meter Data Management System Market

The global Meter Data Management System Market is expected to grow from USD 169 million in 2018 to USD 428 million by 2023, at a CAGR of 20.48% during the forecast period. This growth can be attributed to the increased government policies and supportive mandates for smart …