Small Hydropower Market Size Anticipated to Reach $3.0 Billion by 2024

The global small hydropower market is projected to reach USD 3.0 billion by 2024 from an estimated market size of USD 2.6 billion in 2019, at a CAGR of 2.4% during the forecast period. The global market is set to witness significant growth owing to the application of small hydropower projects for rural electrification, financial incentives and policy initiatives, and investments in hydropower projects...

Impact of COVID 19 on Smart Grid Market

Post COVID-19, the report “COVID-19 Impact on Smart Grid Market by Component (Hardware, Software and Services) and Region – Global Forecast to 2021″ size is estimated to be USD 26.9 billion in 2020 and projected to reach USD 28.8 billion by 2021 at a CAGR of 7.1% from 2020 to 2021.  The major factors driving the growth of the smart grid industry include modernization of aging...

Smart Meters Market Size to reach $28.6 Billion by 2025

According to the new market research report “Smart Meters Market, By Type (Electric, Gas, Water), By Communication Type (RF, PLC, Cellular), By Component (Hardware, Software), By Technology (AMR, AMI), By End-user (Residential, Commercial, Industrial), and Region – Global Forecast To 2025″The global Smart Meters Market size is expected to grow from estimated revenue of USD 20.7 billion...

Offshore Wind Market to grow with a high CAGR of 15.32% by 2022

offshore wind market
The offshore wind market is expected to grow from an estimated USD 27,019.1 million in 2017 to USD 55,109.6 million by 2022, at a CAGR of 15.32% from 2017 to 2022. The offshore wind market has been rapidly growing, especially in Europe as it contributed the European Union (EU) to meet its renewable energy targets for 2020.  The market in Europe was estimated to be the largest market for offshore...

Breaking Down the $19.98B Market for Smart Meters and Analysis Through 2022

The smart meters market is expected to grow from an estimated USD 12.79 Billion in 2017 to USD 19.98 Billion by 2022, registering a CAGR of 9.34% from 2017 to 2022. Smart meters are used in the industrial, commercial, and residential sector, measuring energy consumption of the consumers. Factors such as government policies & mandates in developed economies and accurate billing & improved customer...