Circuit Breaker Market Trends, Analysis, and Growth through 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. 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
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...
Variable Frequency Drive Market Towards Huge Growth in the Coming Years
New Revenue Pockets:
The global variable frequency drive market is expected to grow at a CAGR of 4.8% to USD 26.8 billion by 2027, up from an estimated USD 21.2 billion in 2022. The increasing power generation worldwide fueling the demand for global Variable frequency drive.
Various types of variable frequency drives are available in the market that can be customized according to the requirement...
Rising at 11.6% CAGR, Smart Water Metering Market will Continue Registering Positive Growth Between 2022 and 2027
New Revenue Pockets:
The global smart water metering market is expected to grow at a CAGR of 11.6% during the forecast period, from an estimated USD 3.7 Billion in 2022 to USD 6.4 Billion in 2027. The rising urban population is creating opportunities for the development of smart cities, which ultimately is driving the demand for smart water metering infrastructure development on a larger scale....
Distributed Control System Market to Witness a Pronounce Growth
The Distributed control system market is expected to grow from an estimated USD 17.5 billion in 2021 to USD 23.2 billion by 2026, at a CAGR of 5.8% during the forecast period. Booming power sector and augmented power generation capacities worldwide offer huge opportunity for Distributed control system market. There has been a steady increase in the global demand for power, due to which substantial...
Global Hydrogen Energy Storage Market Will Generate Massive Revenue In Future
The global hydrogen energy storage market is projected to reach USD 119.2 Billion by 2027 from an estimated market size of USD 13.8 Billion in 2022, at a CAGR of 54.0% during the forecast period. Increasing demand of hydrogen in industrial sector and rising demand of stationary and mobile power applications are the key factors driving market growth.
Leading key market players:
The global hydrogen...
Biomass Gasification Market worth $45 Million by 2027
The global Biomass Gasification Market is expected to grow from USD 29 million in 2022 to USD 45 million by 2027, at a CAGR of 8.9% according to a new report by MarketsandMarkets™. The biomass gasification market has promising growth potential due to the rising deployment of combined heat and power plants and the rising use of bioethanol.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=105152418
Fixed-bed...
Residential Energy Storage Market Will Hit Big Revenues In Future
New Revenue Pockets:
The residential energy storage market is estimated to be valued at USD 719 million in 2022 and is projected to reach USG 1,828 million by 2027 growing at a CAGR of 20.5%. Declining costs of lithium-ion batteries and high investment by the government is supporting the market for the growth.
By technology, residential energy storage market is segmented into lithium-ion and...
Hydrogen Storage Tanks and Transportation Market Size to Grow $4,155 million by 2030
According to a research report “Hydrogen Storage Tanks and Transportation Market by Modular Storage (Fuel Storage, Distribution), Application (Vehicles, Rail, Marine, Stationary Storage, Trailers), Tank Type (Type 1, Type 2, Type 3, Type 4), Pressure and Region – Global Forecast to 2030″ published by MarketsandMarkets, the global hydrogen storage tanks and transportation market is...
Reed Relay Market Size to Grow $1,125 million by 2030
According to a new marketresearch report “Reed Relay Market by Voltage (200 V, 200 V–500 V, 500 V–1 Kv, 1 kV–7.5 kV, & 7.5 kV–10 kV, & Above 10 kV), Application (Industrial, Household Appliances, Test & Measurement, Mining, Automotive, EV, Medical, Renewables), & Geography – Global Forecast to 2030″ the reed Relay market size is estimated to be USD 352 million...