The Surge Continues: Exploring the Impressive CAGR of the MOSFET Relay Market
The MOSFET relay market is driven by the growth of the increasing adoption of EVs. MOSFET relay relays are used in the batteries of EVs. According to International Energy Agency’s Tracking Clean Energy Progress report, EV sales doubled and made up 9% of the car market by the end of 2021 with more cars being sold in the European and Chinese markets. The share of EV car sales is expected to grow by...
Hydrogen Fueling Station Market Size to Reach $1,129 million by 2030
According to a research report “Hydrogen Fueling Station Market by Supply Type, Station Size (Small Stations, Mid-Sized Stations, Large Stations), Station Type (Fixed Hydrogen Stations, Mobile Hydrogen Stations), Pressure, Solution (EPC, Components) and Region – Global Forecast to 2030″ published by MarketsandMarkets, the global hydrogen fueling station market is projected to reach...
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...
Large-scale Natural Refrigerant Heat Pump Market Gains Momentum
The global large-scale natural refrigerant heat pump market is projected to reach USD 9.1 Billion by 2027 from an estimated market size of USD 5.8 Billion in 2022, at a CAGR of 9.4% during the forecast period. Increasing visibility of contribution of heat pump technology in reducing carbon footprint is a driving factor for the market growth. Moreover, growing focus on improving operational efficiency...
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...
Centrifugal Pump Market Trends & Opportunities with Forecast to 2026
The key drivers for the centrifugal pump market include intensified demand for water and wastewater management in developed countries; surged investments in global construction industry; high demand for centrifugal pumps from agricultural sector.
High demand for centrifugal pumps in the agricultural sector and increasing investments in the construction industry attributing to rapid urbanization...
Power Device Analyzer Market to touch $600 million by 2027 at a 5.0% CAGR by 2027
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...
Relay Market Size Worth $14.7 Billion by 2030 | Increasing power demand and investments in smart grid infrastructure
According to a research report “Relay Market by Type (Electromechanical, Thermal, Reed, Time, PhotoMOSFET, Solid State, MEMS), Application, Voltage Range (Low, Medium, High), Mounting Type (Panel, PCB, DIN Rail, Plug-In) and Region – Global Forecast to 2030″ published by MarketsandMarkets, the relay market size is estimated to be USD 9.0 billion by 2022 and is projected to reach...
Geothermal Energy Market Likely to Boost Future Growth by 2027
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
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...