Energy Management Systems Market Likely to Boost Future Growth by 2027
According to the new market research report
“Energy
Management Systems Market by Component, Type (Home Energy Management
Systems, Building Energy Management Systems, Industrial Energy Management
Systems), Deployment, End-User Industry and Region – Global Forecast to 2027″,
published by MarketsandMarkets™, the global Energy Management Systems
Market size is estimated to be USD 75.0...
Smart Grid Market to Show Robust Growth in Near Future
The global smart
grid market is expected to grow from an estimated USD 43.1 billion in 2021
to USD 103.4 billion by 2026, at a CAGR of 19.1% during the forecast period. Modernization
of aging grid infrastructure is one the primary factors driving market growth.
Moreover, the government across the world is encouraging the investments in
smart grids.
Smart grid technology enables the
transition from...
Smart Electric Meter Market May Set New Growth Story
The global smart
electric meter market is projected to grow from an estimated USD 9.27
billion in 2018 to USD 11.33 billion by 2023, at a CAGR of 4.11%, during the
forecast period. The increased need for efficient data monitoring systems,
coupled with favourable government policies for a smart meter rollout is
driving the market for smart electric meters. Other factors include improved
cost savings,...
Smart Electric Meter Market to Hit $11.33 Billion by 2023
The global smart
electric meter market is projected to grow from an estimated USD 9.27
billion in 2018 to USD 11.33 billion by 2023, at a CAGR of 4.11%, from 2018 to
2023. The increased need for efficient data monitoring systems, coupled with
favourable government policies for a smart meter rollout is driving the market
for smart electric meters. Other factors include improved cost savings,
increased...
Utility Communication Market expected to Grow $23.2 Billion by 2026
According to the new market research report
“Utility Communication Market by
Technology Type(Wired and Wireless), Utility Type, Component(Hardware and
Software), Application (Oil & Gas Network, T&D), End User (Residential,
Commercial, and Industrial) and Region- Global Forecast to 2026″, published by
MarketsandMarkets™, the Utility Communication Market size is expected...
Smart Grid Market expected to Grow $103.4 Billion by 2026
According to the new market research report
“Smart
Grid Market by Component (Software, Hardware, Services), Application
(Generation, Transmission, Distribution, Consumption/End Use), Communication
Technology (Wireline, Wireless), and Region – Global Forecast to 2026″, published
by MarketsandMarkets™, the smart grid market size will grow to USD 103.4
billion by 2026 (forecast year)...
Electric Insulator Market expected to Grow $13.34 Billion by 2023
The global electric
insulator market is expected to grow from an estimated USD 10.17 billion in
2018 to USD 13.34 billion by 2023, at a CAGR of 5.58%. In 2018, the market in
Asia Pacific is estimated to be the largest, followed by North America. Factors
such as increasing investments in T&D networks, refurbishment of existing
grid networks, and growing adoption of renewable energy sources are...
Recloser Market – Rising Investments in Renewables and Distribution Infrastructure are Driving Market
The global recloser market (including sectionalizer) is projected to reach USD 2,461 million by 2025 from an estimated market size of USD 1,943 million in 2020, at a CAGR of 4.8% during the forecast period. The factors driving the market include increasing demand of power, expansion of transmission and distribution (T&D) networks. Additionally increasing investments in renewable energy sector...
Meter Data Management System Market to Grow at Fastest Rate of 20.48% during 2018-2023
The global Meter
Data Management System Market is projected to reach $428 million by 2023
from an estimated $169 million in 2018, at a CAGR of 20.48% from 2018 to 2023.
This growth can be attributed to the increased government policies and
supportive mandates for smart meter installations and need for accurate utility
bill generation.
The electricity
segment is expected to be the fastest growing...
Utility Communication Market to be $23.2 Billion by 2026
According to the new market research report
“Utility Communication Market by
Technology Type(Wired and Wireless), Utility Type, Component(Hardware and
Software), Application (Oil & Gas Network, T&D), End User (Residential,
Commercial, and Industrial) and Region- Global Forecast to 2026″, published by
MarketsandMarkets™, the Utility Communication Market size is expected...