Utility Communication Market expected to Grow $23.2 Billion by 2026

Utility Communication Market
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...

Distribution Boards Market to exceed $5.91 Billion by 2021

Distribution Boards Market
The global distribution boards market is expected to grow from an estimated $4.33 billion in 2016 to $5.91 billion by 2021, growing at a CAGR of 6.4% from 2016 to 2021. The market growth is driven by factors such as the growing need to protect electrical components and networks, increasing global electricity demand, increasing power generation, and increasing upgradation of transmission & distribution...

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 &...

Smart Grid Market expected to Grow $103.4 Billion by 2026

Smart Grid Market
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

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...

Digital Utility Market to Cross $244.31 Billion by 2022

solid oxide fuel cell
The global digital utility market is expected to grow from an estimated $135.16 billion in 2017 to $244.31 billion by 2022, at a CAGR of 12.57%, from 2017 to 2022. The North America is currently the largest market for digital utility, closely followed by the Europe and Asia-Pacific market. However, by 2022, the market in Asia-Pacific is projected to gain the largest share. The Digital utility...

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...

Transformer Oil Market to Grow $3.3 Billion by 2030 | Nynas AB, Ergon, Inc., PetroChina Company Limited, APAR Industries, and Sinopec Lubricant Company.

Transformer Oil Market
According to the new market research report “Transformer Oil Market by Oil Type (Mineral (Naphthenic, Paraffinic), Silicone, Bio-based), Application (Transformer, Switchgear, Reactor), End User (Transmission & Distribution, Power Generation, Railways & Metros), and Region – Global Forecast to 2030 “, published by MarketsandMarkets™, the global Transformer Oil Market size...

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,...

Sequence of Events Recorder Market Size to Reach $31 Million by 2026

Sequence of Events Recorder Market
According to the new market research report “Sequence of Events Recorder Market by Mount type (Rack mounted, Rail mounted), End user (Data Center, Power Generation, Manufacturing, Others (Hospitals, Laboratories, Petrochemicals, and Pharmaceutical industries)), Region- Global Forecast to 2026″, published by MarketsandMarkets™, the Sequence of Events Recorder Market size will grow to ...