Empowering Energy Efficiency: Exploring the Power Plant Control System Market

The global power plant control system market is projected to reach USD 10.2 billion by 2026 from an estimated USD 7.2 billion in 2021, at a CAGR of 7.3% during the forecast period. The growing need for zero downtime power supply solutions for critical power applications is the major driver of the rotary or power plant control system market. The advantages of rotary UPS such as high efficiency, fewer...

Closing in on Power Outages: Exploring the Latest Recloser Market Trends

The increase in energy consumption and the growth in renewable power generation lead to the rising demand for recloser. As global renewable power capacity increases each year, the demand for power distribution, generation, and transmission grows exponentially in every industry. A recloser is mainly designed for use in overhead distribution lines, distribution substation applications, and smart grid...

Power Device Analyzer Market to touch $600 million by 2027 at a 5.0% CAGR by 2027

Power Device Analyzer Market
According to a research report “Power Device Analyzer Market by Type (Both AC and DC, AC and DC), Current (Below 1000A and Above 1000A), End User (Automotive, Energy, Telecommunication, Consumer Electronics and Appliances, Medical) and Region – Global Forecast to 2027″ published by MarketsandMarkets, the Power Device Analyzer market size will grow to USD 600 million by 2027 from...

Geothermal Energy Market Likely to Boost Future Growth by 2027

Geothermal Energy Market
There are numerous market opportunities available in the geothermal energy market globally. A few important opportunity areas include: Emergence of advanced technologies and rise of Geothermal 2.0 Enhanced geothermal systems (EGS) provide a tremendous opportunity for harvesting the vast, untapped heat stored in the shallow continental crust. Enhanced or engineered geothermal systems (EGS)...

Distribution Automation Market Size to Reach $28.1 billion by 2027

Distribution Automation Market
According to a research report “Distribution Automation Market by Component (Field Devices, Software, Services), Communication Technology (Wired Communication Technology, Wireless Communication Technology), Utility (Public, Private) and Region – Global Forecast to 2027″ published by MarketsandMarkets, the global distribution automation market is estimated to be valued at USD 15.8...

Portable Generator Market Size to Hit $2.9 billion in 2027

According to a research report “Portable Generator Market by Application (Emergency, Prime/Continuous), Fuel (Gasoline, Diesel, Natural Gas, Others), Power Rating (Below 5 kW, 5 – 10 kW, 10 – 20 kW), Product type, End user and Region – Global Forecast to 2027″ published by MarketsandMarkets, the portable generator market is expected to grow at a CAGR of 6.0% during the forecast...

Circuit Breaker Market Trends, Analysis, and Growth through 2025

Circuit Breaker Market
The global circuit breaker market size is expected to grow from an estimated USD 5.7 billion in 2020 to USD 7.7 billion by 2025, at a CAGR of 5.9%, during the forecast period. Circuit breakers are electrical devices that protect electrical systems and equipment from damage by interrupting the flow of current in the event of an overload, short circuit, or ground fault. The global circuit breaker market...

Biorefinery Market worth $210.3 Billion by 2027

Biorefinery Market
The global Biorefinery Market is projected to grow from USD 141.8 billion in 2022 to USD 210.3 billion by 2027, at a CAGR of 8.2% according to a new report by MarketsandMarkets™. New integrated biorefineries must be built in order to meet the expected growth of the biofuel market and the development of new biofuel production technologies. Concepts related to plant infrastructure of chemical plants...

MOSFET Relay Market to Eyewitness Massive Growth by 2030

According to a research report “MOSFET Relay Market by Voltage (Below 200V, 200-500V, 500-1kV, 1-7.5kV, 7.5-10kV, Above 10 kV), Application (Industrial, Household Appliances, Test & Measurements, Mining, Automotive, Medical, Renewables, Charging Stations) – Global Forecast to 2030″ published by MarketsandMarkets, the MOSFET relay market size is estimated to be USD 237 million...

Electric Motors Market worth $186.0 Billion by 2027

Electric Motors Market
The global Electric Motors Market is expected to grow from USD 134.0 billion in 2022 to USD 186.0 billion by 2027, at a CAGR of 6.8% according to a new report by MarketsandMarkets™. This market is mainly driven by increasing investments in electric vehicles and development of manufacturing industry. Low voltage motors is expected to be the second largest electric motors market By voltage,...