Industrial Power Supply Market to See Exponential Growth with Opportunities through 2024

Industrial Power Supply Market

The global industrial power supply market size is expected to reach USD 12.8 billion by 2024 from an estimated value of USD 9.9 billion in 2019, at a CAGR of 5.4 % during the forecast period. The rise in lighting and consumer electronics sector in …

Electrical SCADA Market: Technological Revolution Fueling Market Growth

Electrical SCADA

The global Electrical SCADA Market is expected to grow from an estimated $2.29 billion in 2017 to $3.29 billion by 2022, at a CAGR of 7.48%, during the forecast period. This growth is primarily driven by the increasing investments in electrical networks, adoption of remote …

Meter Data Management System Market to witness an Outstanding Growth during 2018-2023

Meter Data Management System Market

The global Meter Data Management System Market is projected to reach $428 million by 2023 from an estimated $169 million in 2018, at a CAGR of 20.48% from 2018 to 2023. This growth can be attributed to the increased government policies and supportive mandates for …

Light Management System Market to Grow at a CAGR of 13.03% through 2023

Light Management System Market

The global Light Management System Market is expected to grow from an estimated $11.66 billion in 2018 to $21.51 billion by 2023, at a CAGR of 13.03%, during the forecast period. The increasing adoption of energy-efficient lighting automation systems is the major driver of the …

Power Management System Market Insights with Trends and Future Opportunities

Power Management System Market

The global Power Management System Market is projected to reach USD 5.26 billion by 2022, growing at a CAGR of 6.88% from 2017 to 2022. This market growth is primarily driven by the increasing demand for energy efficiency in the manufacturing sector, rising installation of …

Power Rental Market: Enormous Growth Opportunity with Market Diversification

Power Rental Market

The global Power Rental Market size is projected to reach USD 11.7 billion by 2025 from an estimated value of USD 8.6 billion in 2020, at a CAGR of 6.3%. Factors driving the growth of the demand for continuous power supply in oil & gas and mining …

Utility Communication Market to Witness Significant Growth through 2026

Utility Communication Market

According to the new market research report “Utility Communication Market  by Technology Type(Wired and Wireless), Utility Type, Component(Hardware and Software), Application (Oil & Gas Network, T&D), End User (Residential, Commercial, and Industrial) and Region- Global Forecast to 2026″, published by MarketsandMarkets™, the Utility Communication Market  …

Bright future for Blockchain in Energy Market | CAGR 78.32%

Blockchain in Energy Market

The global blockchain in energy market is expected to reach USD 7,110.1 Million by 2023 from an estimated USD 394.3 Million in 2018, at a CAGR of 78.32% from 2018 to 2023. The blockchain in energy market growth can be attributed to the Increasing popularity …

Heat Pump Market Analysis with Promising Growth Opportunities to 2023

Heat Pump Market

The global Heat Pump Market is projected to reach a market size of USD 94.42 billion by 2023 from an estimated USD 54.34 billion in 2018, growing at a CAGR of 11.68% during the forecast period. In 2018, the market in Asia Pacific is estimated …

Energy as a Service Market Insights with Emerging Trends and Opportunities

Energy as a Service Market

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% from 2019 to 2024. The growth of energy as a service market is driven by the new revenue …

Industrial Gearbox Market: Growth and Opportunities

Industrial Gearbox Market

The global Industrial Gearbox Market is expected to grow from an estimated $25.91 billion in 2018 to $31.90 billion by 2023, at a CAGR of 4.25% from 2018 to 2023.  Increasing requirement for efficient energy gearbox and clean energy sources are driving the growth of …

Power Supply Market to Grow $34.92 Billion by 2023

Power Supply Market

According to the new market research report “Power Supply Market by Output Power, Product Type, Vertical (Lighting, Consumer Electronics, Telecommunications, Transportation, Food & Beverages, Medical & Healthcare, Military & Aerospace, Industrial), and Geography – Global Forecast to 2023″, published by MarketsandMarkets™, the power supply market …

Excitation Systems Market to Gain $3.4 Billion by 2026

Excitation Systems Market

According to the new market research report “Excitation Systems Market by Type (Static and Brushless), Controller Type (Analog and Digital), Application (Synchronous Generators and Synchronous Motors), End User (Power Generation, Heavy Industries, and OEMs) and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the …

Energy Efficient Motor Market – Insights and Trends

Energy Efficient Motor Market

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 …