Electric Insulator Market Expected to Grow $13.34 Billion by 2023

Industrial Control Transformer
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...

Gas-insulated Switchgear Market to Witness Revolutionary Growth by 2025

Gas-Insulated Switchgear Market
The global gas-insulated switchgear market is projected to grow from USD 16.9 billion in 2020 to USD 26.5 billion by 2025, at a CAGR of 9.5%. The growing investments in renewable energy and government initiatives to reduce carbon emissions is likely to drive the market for gas-insulated switchgear market globally. Also, the expansion of electrical grids due to the growing industrialization and urbanization...

Switchgear Monitoring System Market Size to Reach $2.1 Billion by 2025

ring main unit
According to the new market research report “Switchgear Monitoring System Market by Type (GIS, AIS), Voltage (High, Medium), Component (Hardware, Software & Services), Monitoring (Temperature, PD, Gas, Others), End User (Utilities, Industries, Commercial), & Region – Global Forecast to 2025″,published by MarketsandMarkets™,the global Switchgear Monitoring System Market...

Switchgear Market Growth Analysis Along with Key Industry Players

Latest report “Switchgear Market By Insulation (Gas Insulated, Air Insulated), By Installation (Indoor, Outdoor) By End-Users (T&D Utilities, Industries, Commercial & Residential, Others), By Voltage (Low, Medium, High), and Region – Global Forecast to 2025″ The switchgear market size will grow to USD 88.5 billion by 2025 (forecast year) from USD 67.5 billion in...

Air Insulated Switchgear Market to exceed $8.41 Billion by 2022

Air Insulated Switchgear Market
The global air insulated switchgear market is projected to grow at a CAGR of 4.68% from 2017 to 2022. In 2016, Asia-Pacific is estimated to be the largest market for air insulated switchgear, followed by the Europe, and North America. This trend is expected to continue till 2022. The growth of the air insulated switchgear market is driven by increasing expenditure by the utilities in the transmission &...

Electrical Bushings Market Estimated to Reach $2.96 Billion by 2023

Electrical Bushings Market
The global electrical bushings market is projected to grow at a CAGR of 3.86%, from 2018 to 2023. In 2017, Asia Pacific was the largest market for electrical bushings, followed by Europe and North America. The growth of the electrical bushings market is mainly driven by rising electrical network expenditure and the increasing demand for electrical equipment from end-users such as railways and...

Electric Insulator Market expected to Grow $13.34 Billion by 2023

Electric Insulator Market
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...

Gas-insulated Switchgear Market is Booming Worldwide with ABB, Schneider Electric, Siemens, Eaton, and General Electric.

Gas-insulated Switchgear Market
The global gas-insulated switchgear market is projected to grow from USD 16.9 billion in 2020 to USD 26.5 billion by 2025, at a CAGR of 9.5%. The growing investments in renewable energy and government initiatives to reduce carbon emissions is likely to drive the market for gas-insulated switchgear market globally. Also, the expansion of electrical grids due to the growing industrialization and urbanization...

At CAGR of 9.7%, Switchgear Monitoring System Market to Reach $2.1 Billion by 2025

Electronic Load Market
The global Switchgear Monitoring System Market size is expected to grow from an estimated USD 1.3 billion in 2020 to USD 2.1 billion by 2025, at a CAGR of 9.7%, during 2020-2025. A few of the major advantages offered by switchgear monitoring systems are avoiding unplanned outages, reducing repair costs through improved failure detection, improving switchgear availability, and a more efficient, cost-effective,...

Gas-insulated Switchgear Market Size to Grow $26.5 Billion by 2025, At CAGR of 9.5%

Gas-insulated Switchgear Market
The global Gas-Insulated Switchgear Market is projected to grow from USD 16.9 billion in 2020 to USD 26.5 billion by 2025, at a CAGR of 9.5% from 2020 to 2025. The factors driving market growth are the growing investments in renewable energy and government initiatives to reduce carbon emissions along with the expansion of electrical grids due to the growing industrialization and urbanization. A global...