Heat Pump Market to Observe Huge Growth in Near Future
The global heat
pump market is expected to grow from USD 53.2 billion in 2021 to USD 83.5
billion by 2026, at a CAGR of 9.5% during the forecast period. The factors
driving the growth for heat pump market are the Contribution of heat pump
technology to reduce carbon footprint and the Government laws and subsidies to
enhance energy efficiency.
Heat pumps extract the ambient heat from
the air and...
Light Management System Market to Observe Huge Growth by 2023
The global Light Management System Market is expected to grow from an estimated $11.66 billion in 2018 to $21.51 billion by 2023, at a CAGR of 13.03%, during the forecast period. The increasing adoption of energy-efficient lighting automation systems is the major driver of the lighting management system market. The growing demand for building automation in North America and Europe make them...
Smart Meters Market expected to Grow $30.2 Billion by 2026
The global smart
meters market is projected to reach USD 30.2 billion by 2026 from USD 19.6
billion in 2021, at a CAGR of 9.0% during the forecast period. Smart Meters is
increasingly being installed and is showing robust growth. The increase in the
adoption of electric vehicles, development of microgrids, distributed energy
storage, and the need for net-metering are a few of the major drivers for...
Silent Generator Market expected to Grow $4.1 Billion by 2027
According to the new market research report
“Silent
Generator Market by Sound Level (Super Silent, Silent), Fuel
(Diesel, Natural Gas), Power Rating (Up to 25 kVA, 25-49 kVA, 50-99 MW, 100-499
kVA, & Above 500 kVA), Phase, Type, Application, End-User Industry and
Region – Global Forecast to 2027″, published by MarketsandMarkets™, the
Silent Generator Market size will grow to...
Smart Gas Meter Market to Garner $2.5 Billion by 2026
The global smart gas
meter market size is expected to grow from an estimated USD 2.0 billion
in 2021 to USD 2.5 billion by 2026, at a CAGR of 4.7%, during the forecast
period. The key drivers for the smart gas meter market include digitalization
of distribution grids and optimization of network operations; asset management
of advanced metering infrastructure (AMI); and increasing investment in smart
grid...
Heat Pump Market expected to Grow $83.5 Billion by 2026
According to the new market research report
“Heat
Pump Market by Type (Air-to-Air, Air-to-Water, Water Source,
Geothermal, Hybrid) Refrigerant (R410A, R407C, R744) Rated Capacity (Up to 10
kW, 10-20 kW, 20-30 kW, >30 kW) End User (Residential, Commercial,
Industrial) Region – Global Forecast to 2026″, published by MarketsandMarkets™,
The global Heat Pump Market is projected...
Smart Meters Market expected to Grow $30.2 billion by 2026
According to the new market research report
“Smart
Meters Market by Type (Electric, Gas, Water), Communication Type
(RF, PLC, Cellular), Component (Hardware, Software), Technology (AMR, AMI), End
user (Residential, Commercial, Industrial), and Region – Global Forecast to
2026″, published by MarketsandMarkets™, The Smart Meters Market size
will grow to USD 30.2 billion by...
Smart Electric Meter Market expected to Grow $11.33 Billion by 2023
The global Smart
Electric Meter Market is projected to grow from an estimated USD 9.27
Billion in 2018 to USD 11.33 Billion by 2023, at a CAGR of 4.11%, from 2018 to
2023. The market in Asia Pacific is estimated to be the largest market for
smart electric meters, followed by the North American and the European market
in 2018. This trend is expected to continue until 2023. The growth can be
attributed...
Light Management System Market is Thriving with Rising Latest Trends by 2023
The global Light
Management System Market is expected to grow from an estimated $11.66
billion in 2018 to $21.51 billion by 2023, at a CAGR of 13.03%, during the
forecast period. The increasing adoption of energy-efficient lighting
automation systems is the major driver of the lighting management system
market. The growing demand for building automation in North America and Europe
make them potential...
Heat Pump Market to Grow CAGR of 11.68% to Reach $94.42 Billion by 2023
The
global Heat Pump Market is projected to
reach a market size of USD 94.42 billion by 2023 from an estimated USD 54.34
billion in 2018, growing at a CAGR of 11.68% during the forecast period. In
2018, the market in Asia Pacific is estimated to be the largest for heat pumps,
followed by Europe. This trend is expected to continue until 2023. The heat
pump market is set to witness growth because of...