Utility Communication Market expected to Grow $23.2 Billion by 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  size is expected...

Green Ammonia Market expected to Grow $5,415 Million 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 global Green Ammonia Market size is projected to...

Electric Motor Market will Escalate Rapidly in Near Future

Electric Motor Market
The global Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast period. Increased demand for HVAC systems in residential, commercial, and industrial end-users in the Middle East and Asia Pacific regions along with growing use of electric motors across major industries is the driving factor for...

Gas Turbine Market to Hit $22.5 Billion by 2026

Gas Turbine Market
According to the new market research report “Gas Turbine Market by Technology (Open Cycle and Combined Cycle), Design Type (Heavy Duty and Aeroderivative), End User (Power Generation, Oil & Gas), Rated Capacity (1–40 MW, 40–120 MW, 120–300 MW, Above 300 MW) and Region – Global Forecast to 2026″, published by MarketsandMarkets™, The global Gas Turbine Market is projected...

Volt/VAr Management Market is Expected to Create New Prospects in Near Future

Global Volt/VAr Management Market Scenario: The global volt/VAr management market is estimated to be worth USD 427 million in 2019 and is projected to reach USD 568 million by 2024, growing at a CAGR of 5.9%, during the forecast period. The market is set to grow due to a focus on the reduction of electricity losses in power distribution, a need to optimize power factor, and rising electricity...

Distribution Boards Market to exceed $5.91 Billion by 2021

Distribution Boards Market
The global distribution boards market is expected to grow from an estimated $4.33 billion in 2016 to $5.91 billion by 2021, growing at a CAGR of 6.4% from 2016 to 2021. The market growth is driven by factors such as the growing need to protect electrical components and networks, increasing global electricity demand, increasing power generation, and increasing upgradation of transmission & distribution...

Air Insulated Switchgear Market to exceed $8.41 Billion by 2022

Air Insulated Switchgear Market
The global air insulated switchgear market is projected to grow at a CAGR of 4.68% from 2017 to 2022. In 2016, Asia-Pacific is estimated to be the largest market for air insulated switchgear, followed by the Europe, and North America. This trend is expected to continue till 2022. The growth of the air insulated switchgear market is driven by increasing expenditure by the utilities in the transmission &...

Boiler Control Market Size to Reach $2.42 Billion by 2023

Boiler Control Market
The global boiler control market is estimated to reach a market size of $1.80 billion in 2018 and is projected to reach $2.42 billion, at a CAGR of 6.09%, from 2018 to 2023. The boiler control market is set to witness significant growth due to the rising demand from the power generation industry, increased demand for energy efficiency equipment to control steam pressure, need for boiler tuning to adjust...

Smart Grid Market expected to Grow $103.4 Billion by 2026

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 billion by 2026 (forecast year)...

AT CAGR of 54.9%, Green Ammonia Market to Hit $852 Million by 2030

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 North America, drives the green ammonia market in the region. Moreover, increasing adoption of electric vehicles leads to renewable energy deployment...