Power Management System Market to Surpass $5.26 Billion by 2022

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 renewable energy in industry, and rising adoption of IoT and cloud-based platforms. The shale oil & gas boom in North America...

Generator Sales Market Size to Grow $26.5 billion by 2026 at a CAGR of 5.9% from 2021 to 2026

The generator sales market is expected to grow from an estimated USD 19.9 billion in 2021 to USD 26.5 billion by 2026, at a CAGR of 5.9% during the forecast period. The growth of the generator sales market is expected to be driven by the rising demand for uninterrupted & reliable power supply across several end-use industries and the expansion of the manufacturing sector. The increasing...

Utility Communication Market to be $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...

Energy as a Service Market is Rapidly Growing Worldwide with Strong Growth Rate 10.8% by 2024

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 generating streams for utilities, increased distributed energy resources, decreasing cost of renewable power generation and storage solutions, and availability of...

Power Supply Market Value to Reach $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 is estimated to grow...

Excitation Systems Market expected to Grow $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 Excitation Systems Market is expected to grow...

Rising Demand for Reliable Power Supply is Driving the Paralleling Switchgear Market

Paralleling Switchgear Market Overview:- According MarketsandMarkets™ Research –  The paralleling switchgear market is expected to grow from an estimated USD 1.17 Billion in 2018 to USD 1.55 Billion by 2023, at a CAGR of 5.82% during the forecast period. The market is set to witness growth due to increase in distributed generation and ageing and overburdening of power grids. Objectives...

Residential Energy Management Market Value to Reach $4.1 Billion Till 2025

Residential Energy Management Market
According to the new market research report “Residential Energy Management Market by Component (Hardware (RTU, Relays, LCS, DR devices, Control Devices, In-house Displays), Software(EMP, Energy Analytics, CEP); Communication Technology (Wired, Wireless); Application; Region – Global forecast to 2025″, published by MarketsandMarkets™, the global Residential Energy Management Market...

Hydrogen Generation Market to Grow $201 billion by 2025

Hydrogen Generation Market
The hydrogen generation market size is projected to reach USD 201 billion by 2025 from an estimated USD 130 billion in 2020, at a CAGR of 9.2% during the forecast period. Increasing fuel cell power generation application is driving the growth of the market. Moreover, increasing adoption of electric vehicles leads to renewable energy deployment at large scale in Asia Pacific region, creates opportunities...

Surge Arrester Market 2020 to Grow at a CAGR of 4.9% by 2025

Surge Arrester Market
According to the new market research report “Surge Arrester Market by Type (Polymeric, Porcelain), Voltage (Medium, High, Extra High), Class (Distribution, Intermediate, Station), End-User (Utilities, Industries, Transportation), Application and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the global Surge Arrester Market is projected to reach USD 1.9 billion...