Energy as a Service Market Rising at 10.8% CAGR to 2024 with Major Players Schneider Electric, Engie, Siemens, Honeywell, Veolia, Enel X, and EDF Renewable Energy.
The global Energy
as a Service Market is projected to reach USD 86.9 billion by 2024 from an
estimated USD 52.0 billion in 2019, at a CAGR of 10.8%. This growth can be
attributed to the new revenue generation streams for utilities, increased
distributed energy resources, decreasing cost of renewable power generation and
storage solutions, and availability of federal and state tax benefits for
energy...
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...
Protective Relay Market Size Anticipated to Reach $2.7 Billion by 2025
The global Protective Relay Market is projected to reach USD 2.7 billion by 2025 from an estimated market size of USD 2.0 billion in 2020, at a CAGR of 5.7% during the forecast period. The global Protective Relay Market is set to witness significant growth owing to increased renewable capacity addition, substation automation, and replacement of older electromechanical relays with new and advanced...
COVID-19 Impact on Renewable Energy Market: Attractive Opportunities and Future Growth
Post COVID-19, the report “COVID-19 Impact on Renewable Energy Market by Technology (Wind and Solar), End-User (Utilities, Captive (Industrial, Commercial and Residential) and Region – Global Forecast to 2021” The Global Renewable Energy Market size is projected to grow from USD 184.3 billion in 2020 to USD 226.1 billion by 2021, in the realistic scenario during the forecast period....
Electric Fuse Market worth To Observe Exponential Growth By 2018-2023
The global electric fuse market is projected to reach USD 4.3 billion by 2023 from an estimated USD 3.5 billion in 2018, at a CAGR of 4.24%. This growth can be attributed to growing investments in renewable and energy storage, increasing investments in T&D infrastructure plans, and revival of investments in construction sector.
The medium voltage segment is expected to
hold the...
Offshore Wind Market to grow with a high CAGR of 15.32% by 2022
The offshore wind market is expected to grow from an estimated USD 27,019.1 million in 2017 to USD 55,109.6 million by 2022, at a CAGR of 15.32% from 2017 to 2022.
The offshore wind market has been rapidly growing, especially in Europe as it contributed the European Union (EU) to meet its renewable energy targets for 2020. The market in Europe was estimated to be the largest market for offshore...
Wave Energy Market to See Massive Growth by 2022
According to the new market research report “Wave
Energy Market by Technology (OSW, OBC, & Overtopping Converters), Location
(Onshore, Nearshore, Offshore), Application (Desalination, Power Generation,
and Environmental Protection), and Region – Global Forecast to 2025″ The
global Wave Energy Market is projected to reach USD 107 million by 2025 from an
estimated market size of...
Circuit Breaker Market to Reach $8.68 Billion by 2022
Circuit breakers are vital part of power protection industry. Circuit breakers plays a significant part in electric power transmission and distribution. The global circuit breaker market is projected to reach USD 8.68 billion by 2022, from an estimated USD 6.85 billion in 2017, growing at a CAGR of 4.85%, from 2017 to 2022. The market in Asia Pacific was the largest in 2016 and is projected to hold...
Utility Drones Market Growing at a CAGR of 37.34% from 2018 to 2023
The Utility Drones Market is expected to grow from an estimated USD 110.2 million in 2018 to USD 538.6 million by 2023, at a CAGR of 37.34% from 2018 to 2023. Drones that are mainly used for utilities inspection, survey, and asset management are called utility drones. Growing demand for minimizing outages related to transmission and distribution infrastructure, cost efficiency, and reachability in...
Rising Energy Demand Coupled with Increasing Share of Renewable Energy in the Power Generation Mix is driving the Offshore Wind Market
The global offshore wind market is projected to grow at a CAGR of 15.32% from 2017 to 2022. The growth of the offshore wind market is driven by increasing share of renewable energy in power generation, energy efficiency mandates demanding carbon emission reduction, and government incentives supporting renewable energy deployment. The global demand for electric power is increasing due to various factors...