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)...
Electrical Bushings Market Estimated to Reach $2.96 Billion by 2023
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...
At CAGR of 9.7%, Switchgear Monitoring System Market to Reach $2.1 Billion by 2025
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,...
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...
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...
Impact of COVID 19 on Smart Grid Market
Post COVID-19, the report “COVID-19
Impact on Smart Grid Market by Component (Hardware, Software and
Services) and Region – Global Forecast to 2021″ size is estimated to
be USD 26.9 billion in 2020 and projected to reach USD 28.8 billion by 2021 at
a CAGR of 7.1% from 2020 to 2021. The
major factors driving the growth of the smart grid industry include
modernization of aging...