Nuclear Power Plant Control System Market worth $825 Million by 2028
The global Nuclear Power Plant Control System Market is expected to reach USD 825 million by 2028 from USD 636 million in 2023 at a CAGR of 5.3% during the 2023–2028 period according to a new report by MarketsandMarkets™. Nuclear energy as clean energy is a more reliable way of producing electricity on a large scale. The versatile nature of nuclear energy could enable the...
Direct Air Capture Market worth $1,727 Million by 2030
The global Direct Air Capture Market is expected to grow from an estimated USD 62 million in 2023 to USD 1,727 million by 2030, at a CAGR of 60.9% during the 2023–2030 period according to a new report by MarketsandMarkets™. Direct Air Capture provides a pathway to offset emissions that cannot be entirely eliminated. Direct air capture technology is known for its unique technology...
Power SCADA Market worth $2.9 Billion by 2028
The global Power SCADA Market is expected to grow from an estimated USD 2.1 billion in 2023 to USD 2.9 billion by 2028, at a CAGR of 7.1% during the 2023–2028 period according to a new report by MarketsandMarkets™. Key to this growth is the increasing emphasis on the modernization and digitization of power infrastructure. Acknowledging the crucial role of SCADA systems,...
Power to Roam: Portable Power Station Market Revolutionizing Travel in the US
The global portable power station market is expected to grow from an estimated USD 0.5 billion in 2023 to USD 1.1 billion in 2028, at a CAGR of 18.4% during the forecast period. The US is witnessing robust growth in the broader North American portable power station market. This expansion can be attributed to several factors, including the increasing popularity of outdoor activities such as camping...
Virtual Power Plant Market worth $5.5 Billion by 2029
The global Virtual Power Plant Market is expected to grow from an estimated USD 1.9 billion in 2024 to USD 5.5 billion by 2029, at a CAGR of 23.4% during the 2024–2028 period according to a new report by MarketsandMarkets™. Virtual power plants are essential because they provide enhanced grid stability by optimizing and integrating diverse energy sources, contributing to increased energy...
Oil Immersed Power Transformer Market worth $28.3 Billion by 2028
The global Oil Immersed Power Transformer Market is expected to reach USD 28.3 billion by 2028 from USD 21.2 billion in 2023 at a CAGR of 6.0% during the 2023–2028 period according to a new report by MarketsandMarkets™. This robust growth is attributed to the anticipated reinforcement of power distribution infrastructure, responding to the escalating global demand for electricity. Additionally,...
Electrification Era: Brushless DC Motor Market Spark Growth in the US
The brushless DC motor market in the U.S. is a thriving sector within the global market that is expected to grow at a significant growth rate due to the rapid proliferation of motor drives across diverse industries such as automotive, consumer electronics, medical devices, manufacturing, and others. Among the end use industries, automotive and consumer electronics is anticipated to dominate...
Carbon Footprint Management Market Trend, Explosive Growth at a CAGR of 22.2%, Opportunity Forecast to 2028
Carbon Footprint Management Market Forecast to 2028
An increase in government initiatives for emissions reduction, increasing demand for energy consumption by industries, and implementation of COP27 targets to limit global warming are the major drivers of the carbon footprint management markets. A general shift toward cloud computing and paperless economy is another factor that would provide opportunities...
Green Energy Revolution: US Electrolyzers Industry Pioneers Hydrogen Economy
The electrolyzers market in the U.S. is a thriving sector within the global market that is expected to grow significantly due to the growing demand from the mobility industry, the presence of big players, and the implementation of stringent environmental regulations emphasizing the use of electrolyzer technology for green hydrogen production. Among the end-use industries, the energy and mobility sector...
Laminated Busbar Market Amplifies US Electrical Infrastructure
Laminated busbars are a critical component of any electrical utility infrastructure. These busbars are current-carrying conductors coated or laminated with insulation mediums such as epoxy powder coating, polyester film, among others which help eliminate interference and reduce losses, resulting in increased system efficiency.
The laminated busbar market in the US is a thriving sector within the...