Renewable Drones Market is Thriving Worldwide with Huge Growth Opportunity 2020-2025

Renewable Drones Market

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

Switchgear Monitoring System Market to Witness Exponential Growth by 2025

Switchgear Monitoring System Market

According to the new market research report “Switchgear Monitoring System Market by Type (GIS, AIS), Voltage (High, Medium), Component (Hardware, Software & Services), Monitoring (Temperature, PD, Gas, Others), End User (Utilities, Industries, Commercial), & Region – Global Forecast to 2025″,published by MarketsandMarkets™,the global Switchgear Monitoring …

Circuit Breaker Market to grow at a Robust Pace through 2022

Circuit Breaker Market

The global circuit breaker market is projected to reach USD 8.7 billion by 2022 from an estimated USD 6.9 billion in 2017, at a CAGR of 4.9% from 2017 to 2022. Growing access to electricity in developing countries, increasing construction and developmental activities, and the …

Brushless DC Motor Market: Increased Global Demand for Brushless DC Motors to use in various industries Fueling Market Growth

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. The market is set to witness growth due to increasing industrial …

Green Ammonia Market to grow at a CAGR of 54.9% by 2030

Green Ammonia Market

According to the new market research report “Green Ammonia Market by Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), and Solid Oxide Electrolysis (SOE)), End User (Transportation, Power Generation, and Industrial Feedstock), and Region – Global Forecast to 2030″,published by MarketsandMarkets™, the Green Ammonia …

Power Distribution Unit Market to Witness a Pronounce Growth During 2019-2024

Power Distribution Unit Market

The Power Distribution Unit Market is projected to reach USD 5.2 billion by 2024 from an estimated USD 3.7 billion in 2019, at a CAGR of 7.1% during the forecast period. The rising concerns overpower stability for uninterrupted business operations; rising power distribution unit installations …

Shore Power Market to Grow at a CAGR of 6.7% during 2020–2025

Shore Power Market

The global Shore Power Market is projected to reach USD 1.4 billion by 2025 from USD 1.1 billion in 2020, at a CAGR of 6.7%. The factors driving the growth of the Shore Power Market are the growing focus on reducing air and noise pollution …

Gas-insulated Switchgear Market is Expected to Grow $26.5 Billion by 2025

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 factors driving market growth are the growing investments in renewable energy and government initiatives to reduce carbon emissions …

Energy as a Service Market to Witness Significant Growth of $86.9 Billion by 2024

The global Energy as a Service Market is projected to reach USD 86.9 billion by 2024 from an estimated USD 52.0 billion in 2019, at a CAGR of 10.8%. This growth can be attributed to the new revenue generation streams for utilities, increased distributed energy …

Air Circuit Breaker Market To Witness Significant Growth In Near Future

Air Circuit Breaker Market

The global Air Circuit Breaker Market size is projected to reach USD 3.9 billion by 2024 from an estimated USD 3.0 billion in 2019, at a CAGR of 5.2% during the forecast period. Asia Pacific is estimated to be the largest market for air circuit …

Pad-Mounted Switchgear Market: Advanced Technologies & Growth Opportunities by 2024

The global pad-mounted switchgear market is projected to reach USD 7.2 billion by 2024 from an estimated market size of USD 5.5 billion in 2019, at a CAGR of 5.4% during the forecast period. The factors driving the market include increasing investments in distribution infrastructure …

Gas Engines Market is Set to Witness Significant Growth by 2024 | Caterpillar, Wärtsilä, Rolls-Royce, Cummins, and Man SE.

Gas Engines Market

The global gas engines market size is expected to grow from an estimated USD 4.0 billion in 2019 to USD 5.3 billion by 2024, at a CAGR of 5.7%, during the forecast period. Increasing demand for clean & efficient power generation technology and the implementation …

COVID-19 Impact on Renewable Energy Market: Future Scope and Industry Growth during 2020-2021

As renewable energy is the best and environment-friendly alternative to oil, the demand for renewable energy and related projects is likely to increase in the near future. This renewable energy market will be less impacted during the COVID-19 period. The COVID-19 Impact on Renewable Energy …

COVID-19 Impact on Smart Grid Market: Emerging Trends and Industry Growth during 2020-2021

Smart grids enabletwo-way communication between utilities and end-users, whereas the traditional system consists of electrical wires, wires, cables, towers, and distribution lines. Increased investments in the digitalization of the grid by implementing advanced communication technology will fuel the growth of smart grid market. The smart …