At CAGR of 37.34%, Utility Drones Market to Hit $538.6 Million by 2023
The
global Utility
Drones Market is estimated to be USD 110.2 million in 2018 and is projected
to reach 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. In
2017, North America was the largest market for utility drones, followed by Asia
Pacific and Europe. Growing demand...
Gas-insulated Switchgear Market Size to Grow $26.5 Billion by 2025, At CAGR of 9.5%
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...
At CAGR of 6.9%, Transformer Oil Market to Generate $3.0 Billion by 2025
The global transformer
oil market is projected to reach USD 3.0 billion by 2025 from an estimated
market size of USD 2.2 billion in 2020, at a CAGR of 6.9% during the forecast
period. The factors driving the growth for transformer oil are the upgradation
of electric grids in developing countries along with the expansion of electric
grids due to growing industrialization and urbanization.
The
transformer...
Electrical SCADA Market to Grow $3.29 Billion by 2022
The global Electrical
SCADA Market is expected to grow from an estimated $2.29 billion in 2017 to
$3.29 billion by 2022, at a CAGR of 7.48%, during the forecast period. This
growth is primarily driven by the increasing investments in electrical
networks, adoption of remote monitoring and control solutions, digitalization
of the power sector, need for automation in the power industry, and rising
pressure...
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...
Surge Arrester Market 2020 to Grow at a CAGR of 4.9% by 2025
According to the new market research report
“Surge Arrester Market by Type (Polymeric, Porcelain), Voltage
(Medium, High, Extra High), Class (Distribution, Intermediate, Station),
End-User (Utilities, Industries, Transportation), Application and Region –
Global Forecast to 2025″, published
by MarketsandMarkets™, the global Surge Arrester Market is projected to reach
USD 1.9 billion...
Circuit Breaker Market Size to Grow $7.7 Billion by 2025
According to the new market research report
“Circuit Breaker Market by Insulation Type (Vacuum, Air, Gas,
& Oil), Voltage (Medium, High), Installation (Indoor, Outdoor), End-User
(Transmission & Distribution Utilities, Power Generation, Renewables, &
Railways) and Region- Global Forecast to 2025″, published by MarketsandMarkets™, the global Circuit
Breaker Market size is...
Vacuum Interrupter Market to be worth $3.1 Billion by 2025
According to the new market research report “Vacuum Interrupter Market By Application (Circuit Breaker,
Contactor, Recloser, Load Break Switch, & Tap Changer), End User (Oil &
Gas, Mining, Utilities & Transportation), Rated Voltage And Region – Global
Forecast To 2025″, published
by MarketsandMarkets™, the Vacuum Interrupter Market is projected to reach USD
3.1 billion...
Switchgear Monitoring System Market Expected to Grow $2.1 Billion by 2025
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...