Bright future for Smart Grid Market | CAGR 19.1%

Smart Grid Market

According to the new market research report “Smart Grid Market by Component (Software, Hardware, Services), Application (Generation, Transmission, Distribution, Consumption/End Use), Communication Technology (Wireline, Wireless), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the smart grid market size will grow to USD 103.4 …

Solar Backsheet Market Booming Worldwide with Strong Growth by 2023

Solar Backsheet Market

The global solar backsheet market is estimated to be USD 1.71 Billion in 2018 and is projected to reach USD 2.40 Billion by 2023, growing at a CAGR of 7.02%, from 2018 to 2023. An increase in solar PV installation along with policy support from …

Bright future for Green Ammonia Market | CAGR 54.9%

Green Ammonia Market

The global Green Ammonia Market is projected to reach USD 852 million by 2030 from an estimated USD 11 million in 2020, at a CAGR of 54.9% during the forecast period.. The rising investments in green fuel and large-scale green energy plans in Europe and …

Electrical Bushings Market to Witness Significant Growth by 2023

The global electrical bushings market is projected to grow at a CAGR of 3.86%, from 2018 to 2023. In 2017, Asia Pacific was the largest market for electrical bushings, followed by Europe and North America. The growth of the electrical bushings market is mainly driven by …

Electric Insulator Market to Witness Impressive Growth by 2023

Electric Insulator Market

The global electric insulator market is expected to grow from an estimated USD 10.17 billion in 2018 to USD 13.34 billion by 2023, at a CAGR of 5.58%. In 2018, the market in the Asia Pacific is estimated to be the largest, followed by North …

Digital Utility Market Likely to Boost Future Growth by 2022

Digital Utility Market

The global digital utility market is expected to grow from an estimated $135.16 billion in 2017 to $244.31 billion by 2022, at a CAGR of 12.57%, from 2017 to 2022. North America is currently the largest market for digital utility, closely followed by the Europe and Asia-Pacific …

Distributed Generation Market to See Massive Growth by 2022

The global distributed generation market is expected to grow from an estimated USD 60.04 Billion in 2017 to USD 103.38 Billion by 2022, at a CAGR of 11.48%. This growth can be attributed to the increased global demand for electricity, decreasing costs of solar technology, …

Gas-insulated Switchgear Market to Hit Big Revenues in Future

Gas-insulated Switchgear Market

The global gas-insulated switchgear market is projected to grow from USD 16.9 billion in 2020 to USD 26.5 billion by 2025, at a CAGR of 9.5%. The growing investments in renewable energy and government initiatives to reduce carbon emissions is likely to drive the market …

Virtual Power Plant Market Predicted to Hit Big Revenues in Future

Virtual Power Plant Market

The global virtual power plant market is expected to grow from USD 193.4 million in 2016 to USD 709.2 million by 2021, at a CAGR of 29.68% from 2016 to 2021. North America is estimated to be the largest market for virtual power plants, followed …

Offshore Wind Market to Witness Stunning Growth through 2026

Offshore Wind Market

According to the new market research report “Offshore Wind Market by Component (Turbines (Nacelle, Rotors & Blades, Tower), Substructure, Electrical Infrastructure), Location (Shallow Water, Transitional Water, & Deepwater) and Region (North America, Asia Pacific, & Europe) – Global forecast to 2026“, published by MarketsandMarkets™, the …

Renewable Drones Market: Growing Adoption of Drones to Reduce Cost of Inspection Operation of Solar and Wind Farm

Renewable

The global Renewable Drones Market is projected to reach a size of USD 148 million by 2025, at a CAGR of 27.1%, from an estimated USD 45 million in 2020. The rising adoption of drones for reducing inspection, increasing focus on asset optimization are the …

Electric Bus Market: Analysis, Growth & Trends

Electric Bus Market

The global Electric Bus Market size is expected to grow from approximately 81 thousand units in 2021 to reach 704 thousand units by 2027, at a CAGR of 43.1%. Factors such as the rise in pollution and environmental hazards, stringent government regulations, and stiff competition …

Utility Drones Market: Future Trends and Opportunities

Utility Drones Market

The global Utility Drones Market is estimated to be USD 110.2 million in 2018 and is projected to reach USD 538.6 million by 2023, at a CAGR of 37.34% from 2018 to 2023. Drones that are mainly used for utilities inspection, survey, and asset management …

Thermal Energy Storage Market: Rising Impetus on Renewable Energy Generation such as Concentrated Solar Power

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 …