Excitation Systems Market expected to Grow $3.4 Billion by 2026

Excitation Systems Market
According to the new market research report “Excitation Systems Market by Type (Static and Brushless), Controller Type (Analog and Digital), Application (Synchronous Generators and Synchronous Motors), End User (Power Generation, Heavy Industries, and OEMs) and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the Excitation Systems Market is expected to grow...

Power Plant Boiler Market to be $22.8 Billion by 2025

Power Plant Boiler Market
According to the new market research report “Power Plant Boiler Market by Type (Pulverized Coal Towers, CFB, Others), Capacity (<400 MW, 400–800 MW, ≥800 MW), Technology (Subcritical, Supercritical, Ultra-supercritical), Fuel Type (Coal, Gas, Oil), and Region- Global Forecast to 2025″, published by MarketsandMarkets™, the global Power Plant Boiler Market size is expected to grow...

Small Hydropower Market Size Anticipated to Reach $3.0 Billion by 2024

The global small hydropower market is projected to reach USD 3.0 billion by 2024 from an estimated market size of USD 2.6 billion in 2019, at a CAGR of 2.4% during the forecast period. The global market is set to witness significant growth owing to the application of small hydropower projects for rural electrification, financial incentives and policy initiatives, and investments in hydropower projects...

Electrical Digital Twin Market to Witness A Massive Growth of 15.4% by 2024

Electrical Digital Twin Market
The global electrical digital twin market is projected to reach USD 1,642 million by 2024 from an estimated USD 804 million in 2019, at a CAGR of 15.4%. This growth can be attributed to the improved accuracy and efficiency in power sector operations, streamlined integration of renewable energy technologies, and reduced unplanned downtime and maintenance cost. The asset performance management is...

Growth of Power Plant Control System Market to be fueled by the Advancing Technology and Growing Industrial Automation in the Coming Years

Growing demand for electricity across the globe and advancements in technology such as automation of power generation has enabled intelligent operations of power plants, with most of the operations of thermal power plants being controllable from a control room. Moreover, adverse effects on environment and rise in global warming have also led to the increased adoption of industrial automation, thereby...