Gas-insulated Switchgear Market Size to Grow $26.5 Billion by 2025, At CAGR of 9.5%
The global Gas-Insulated
Switchgear Market is projected to grow from USD 16.9 billion in 2020 to USD
26.5 billion by 2025, at a CAGR of 9.5% from 2020 to 2025. The factors driving
market growth are the growing investments in renewable energy and government
initiatives to reduce carbon emissions along with the expansion of electrical
grids due to the growing industrialization and urbanization.
A global...
At CAGR of 6.9%, Transformer Oil Market to Generate $3.0 Billion by 2025
The global transformer
oil market is projected to reach USD 3.0 billion by 2025 from an estimated
market size of USD 2.2 billion in 2020, at a CAGR of 6.9% during the forecast
period. The factors driving the growth for transformer oil are the upgradation
of electric grids in developing countries along with the expansion of electric
grids due to growing industrialization and urbanization.
The
transformer...
Electrical SCADA Market to Grow $3.29 Billion by 2022
The global Electrical
SCADA Market is expected to grow from an estimated $2.29 billion in 2017 to
$3.29 billion by 2022, at a CAGR of 7.48%, during the forecast period. This
growth is primarily driven by the increasing investments in electrical
networks, adoption of remote monitoring and control solutions, digitalization
of the power sector, need for automation in the power industry, and rising
pressure...
Surge Arrester Market 2020 to Grow at a CAGR of 4.9% by 2025
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...
Circuit Breaker Market Size to Grow $7.7 Billion by 2025
According to the new market research report
“Circuit Breaker Market by Insulation Type (Vacuum, Air, Gas,
& Oil), Voltage (Medium, High), Installation (Indoor, Outdoor), End-User
(Transmission & Distribution Utilities, Power Generation, Renewables, &
Railways) and Region- Global Forecast to 2025″, published by MarketsandMarkets™, the global Circuit
Breaker Market size is...
Vacuum Interrupter Market to be worth $3.1 Billion by 2025
According to the new market research report “Vacuum Interrupter Market By Application (Circuit Breaker,
Contactor, Recloser, Load Break Switch, & Tap Changer), End User (Oil &
Gas, Mining, Utilities & Transportation), Rated Voltage And Region – Global
Forecast To 2025″, published
by MarketsandMarkets™, the Vacuum Interrupter Market is projected to reach USD
3.1 billion...
Switchgear Monitoring System Market Expected to Grow $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 Revenue to Hit $8.7 Billion by 2022
The global circuit
breaker market is projected to reach
USD 8.7 billion by 2022 from an estimated USD 6.9 billion in 2017, at a CAGR of
4.9% from 2017 to 2022. Growing access to electricity in developing countries,
increasing construction and developmental activities, and the rising number of
renewable power generation projects are the major drivers that would trigger
growth in the circuit breaker...
Power Distribution Unit Market Expected to Reach $5.2 Billion by 2024
The
Power Distribution Unit Market is projected to reach USD 5.2 billion by 2024 from an
estimated USD 3.7 billion in 2019, at a CAGR of 7.1% during the forecast
period. The rising concerns overpower stability for uninterrupted business
operations; rising power distribution unit installations for reducing energy
losses, and the increasing number of data centers are driving the power
distribution unit...
Gas-insulated Switchgear Market Size to Reach $26.5 Billion by 2025
The global Gas-Insulated
Switchgear Market is projected to grow from USD 16.9 billion in 2020 to USD
26.5 billion by 2025, at a CAGR of 9.5%. The factors driving market growth are
the growing investments in renewable energy and government initiatives to reduce
carbon emissions along with the expansion of electrical grids due to the
growing industrialization and urbanization.
A global increase in...