Switchgear Monitoring System Market Size to Reach $2.1 Billion by 2025
According to the new market research report
“Switchgear
Monitoring System Market by Type (GIS, AIS), Voltage (High, Medium),
Component (Hardware, Software & Services), Monitoring (Temperature, PD,
Gas, Others), End User (Utilities, Industries, Commercial), & Region –
Global Forecast to 2025″,published by MarketsandMarkets™,the global Switchgear
Monitoring System Market...
Circuit Breaker Market Size to Reach $7.7 Billion by 2025
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. Growing investments in smart grid technologies to protect and
control power equipment and replacement of aging infrastructure, and the need
for reliable T&D networks offer high-growth opportunities for the circuit
breaker...
Surge Arrester Market Size to Reach $1.9 Billion by 2025
The global Surge
Arrester Market is projected to reach USD 1.9 billion by 2025 from an
estimated USD 1.5 billion in 2020, at a CAGR of 4.9% during the forecast
period. The rising demand for electricity in APAC and the growing focus of on
increasing renewable energy installed capacity are encouraging utilities to invest
in the electricity transmission and distribution networks, as well as in
electrification...
Generator Sales Market: Owing to Increasing Uninterrupted and reliable Power to Drive Market
The global generator sales market is projected to reach USD 26.5 billion by 2026 from an estimated USD 19.9 billion in 2021, at a CAGR of 5.9% during the forecast period. The report titled, “Generator Sales Market by Type (Diesel, Gas), Application (Standby, Peak Shaving, Continuous), Power Rating (<100 KVA, 100-350 KVA, 350-1000-2500 KVA, 2500-5000 KVA, >5000 KVA), Sales Channel...
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
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
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
&...
Floating LNG Power Vessel Market Size to Reach $931.6 Million by 2023
The global floating
LNG power vessel market is expected to grow from an estimated $860.1
million in 2018 to $931.6 million by 2023. In 2018, the Asia Pacific market is
estimated to be the largest, followed by the Middle East & Africa. Factors
such as growing population, industrialization and increasing urban business
activities, and an increase in the demand for power generation are expected to
drive...
Smart Grid Market expected to Grow $103.4 Billion by 2026
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)...
Electrical Bushings Market Estimated to Reach $2.96 Billion by 2023
The global electrical bushings market is projected to grow at a CAGR of 3.86%, from 2018 to
2023. In 2017, Asia Pacific was the largest market for electrical bushings,
followed by Europe and North America. The growth of the electrical
bushings market is mainly driven by rising electrical network expenditure and
the increasing demand for electrical equipment from end-users such as railways
and...