Industrial Power Supply Market Expected to Grow $14.5 Billion by 2027
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 in the industrial sectors and the adoption of robots across several industries. The growing sale...
Blue Hydrogen Market worth $44.5 Billion by 2030
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
increasing hydrogen demand in petroleum refineries and transportation and Power
Generation Facilities applications.
SMR is
estimated to be the fastest-growing...
Brushless DC Motor Market worth $15.2 Billion by 2025
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 in HVAC, automotive, and consumer electronics applications are expected to be the key factors driving the brushless...
Advanced Energy Storage Systems Market to Surpass $19.04 Billion by 2022
The global advanced energy storage systems market is expected to grow from USD 12.7 billion in 2017 to USD 19.0 billion by 2022, at a CAGR of 8.4% during the forecast period. The growth of the advanced energy storage systems market is attributed to increasing renewable energy investments and growth in the electric vehicles market globally and regulatory changes demanding energy efficiency.
The...
Residential Energy Storage Market Revenue to Hit $1,828 million by 2027
According to a research report “Residential Energy Storage Market by Power Rating (3-6 kW, 6-10 kW, 10-20 kW), Connectivity (On-Grid, Off-Grid), Technology (Lead-Acid, Lithium-Ion), Ownership (Customer, Utility, Third-Party), Operation (Standalone, Solar), Region – Forecast to 2027″ published by MarketsandMarkets, the global residential energy storage market is estimated to...
Global Electric Traction Motor Market Driven by Rising Investments in Electric Vehicles
New Revenue Pockets:
The global electric traction motor market is projected to reach USD 22.2 billion by 2027 from an estimated market size of USD 12.3 billion in 2022, at a CAGR of 12.6% during the forecast period. Growing demand for high-performance motors, across the end use segment is propelling the demand for electric traction motor market. Furthermore, favorable government policies and...
DC Power Supplies Market Expected to Grow $454 Million by 2024
The global DC
power supplies market size is projected to reach USD 454 million by 2024
from an estimated value of USD 361 million in 2019, at a CAGR of 4.7% during
the forecast period. The growing wireless communication & infrastructure
and aerospace & defense segment in the countries such as US & Canada
and growing demand for industrial automation and consumer electronics sector in
countries...
AC Power Sources Market Size to Reach $1.7 billion by 2027
AC Power Sources Market is projected to grow from USD 1.5 billion in 2022 to USD 1.7 billion by 2027, at a CAGR of 2.2%, according to a new report by MarketsandMarkets™. An AC power source is a programmable device, which provides controlled AC power for equipment testing and measurement purposes. It can be programmed to vary the voltage, phase, and frequency of the current supplied to a receiving...
Industrial Power Supply Market worth $14.5 Billion in 2027
The
global Industrial Power Supply Market is projected to grow from USD 10.8 billion
in 2022 to USD 14.5 billion by 2027, at a CAGR of 6.0% according to a new
report by MarketsandMarkets™. The
growth of the industrial power supply market can be attributed to growing
investments in the energy efficient devices in the industrial sectors and
adoption of robots across several industries. The growing...
Electric Traction Motor Market to Hit $22.2 billion by 2027
According to a new market research report “Electric Traction Motor Market by Type (AC and DC), Power Rating (Below 200 kW, 200-400 kW, and Above 400 kW), Application (Railways, Electric Vehicles, Elevators, Conveyors, and Industrial Machinery) and Region – Global Forecast to 2027” The global electric traction motor market is projected to reach USD 22.2 billion by 2027 from an...