Shore Power Market Worth $1.4 Billion by 2025
The global Shore
Power Market is projected to reach USD 1.4 billion by 2025 from USD 1.1
billion in 2020, at a CAGR of 6.7%. The factors driving the growth of the Shore
Power Market are the growing focus on reducing air and noise pollution from
porting activities and increasing sea trade and cruise tourism.
Shoreside installation is expected to be largest
market during forecast period
The market...
Motor Control Centers Market Foresees Considerable Growth in the Near Future
Motor control center (MCC) is an assembly of motor starters and controllers with centralized hubs, consisting motor control units, which share a common power bus. It consists of components like soft starters, feeders, transformers, adjustable, frequency drives, overload relays, circuit breakers, and panel boards among others. An MCC is designed for controlling the motors from a central location for...