Digital Utility Market to exceed $244.31 Billion by 2022

Digital Utility Market
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...

Energy as a Service Market to See Revolutionary Growth by 2024

Energy as a Service Market
The global Energy as a Service Market is projected to reach USD 86.9 billion by 2024 from an estimated USD 52.0 billion in 2019, at a CAGR of 10.8% from 2019 to 2024. The growth of energy as a service market is driven by the new revenue generating streams for utilities, increased distributed energy resources, decreasing cost of renewable power generation and storage solutions, and availability of federal...

Shore Power Market Size to Reach $2.8 Billion by 2027

Shore Power Market
According to the new market research report “Shore Power Market by Installation (Shoreside, Shipside), Connection (New Installation, Retrofit), Component (Transformers, Frequency Converters, and More), Power Output (Up to 30 MVA, 30 to 60 MVA, Above 60 MVA) and Region – Global Forecast to 2027″, published by MarketsandMarkets™, the Shore Power Market size will grow to USD 2.8 billion...

Silent Generator Market expected to Grow $4.1 Billion by 2027

Silent Generator Market
According to the new market research report “Silent Generator Market by Sound Level (Super Silent, Silent), Fuel (Diesel, Natural Gas), Power Rating (Up to 25 kVA, 25-49 kVA, 50-99 MW, 100-499 kVA, & Above 500 kVA), Phase, Type, Application, End-User Industry and Region – Global Forecast to 2027″, published by MarketsandMarkets™, the Silent Generator Market size will grow to...

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...

Circuit Breaker Market Size to Reach $7.7 Billion by 2025

Circuit Breaker Market
The global Circuit Breaker Market size is expected to grow from an estimated USD 5.7 billion in 2020 to USD 7.7 billion by 2025, at a CAGR of 5.9%, during the forecast period. Growing investments in smart grid technologies to protect and control power equipment and replacement of aging infrastructure, and the need for reliable T&D networks offer high-growth opportunities for the circuit breaker...

Industrial Filtration Market Size to Grow $45.2 Billion by 2027

Industrial Filtration Market
According to the new market research report “Industrial Filtration Market by Type (Air & Liquid), Product (Filter Press, Bag, Drum, Depth, Cartridge, HEPA, ULPA), Filter Media (Activated Charcoal, Fiberglass, Filter Paper, Metal, Nonwoven Fabric), Industry and Region – Global forecast to 2027″, published by MarketsandMarkets™, the global Industrial Filtration Market is projected...

Surge Arrester Market Size to Reach $1.9 Billion by 2025

Circuit Breaker Market
The global Surge Arrester Market is projected to reach USD 1.9 billion by 2025 from an estimated USD 1.5 billion in 2020, at a CAGR of 4.9% during the forecast period. The rising demand for electricity in APAC and the growing focus of on increasing renewable energy installed capacity are encouraging utilities to invest in the electricity transmission and distribution networks, as well as in electrification...

Gas Engines Market Size to Reach $5.8 Billion by 2027

Gas Engines Market
According to the new market research report “Gas Engines Market by Fuel Type (Natural Gas, Special Gas), Application (Power Generation, Cogeneration, Mechanical Drive), Power Output (0.5–1 MW, 1–2 MW, 2–5 MW, 5–15 MW, & Above 15 MW), End-User Industry, and Region – Global Forecast to 2027“, published by MarketsandMarkets™, The gas engines market size will grow to USD...

Electrical Digital Twin Market to Hit $1.3 Billion by 2026

Electrical Digital Twin Market
According to the new market research report “Electrical Digital Twin Market by Twin Type (Gas & Steam Power Plant, Wind Farm, Digital Grid, Others), Usage Type (Product, Process, System), Deployment Type (Cloud, On-Premises), End User, Application, and Geography – Global Forecast to 2026″, published by MarketsandMarkets™, The Electrical Digital Twin Market size will grow to  USD...