Gas Engines Market to Hit $5.3 Billion by 2024
The global gas
engines market size is expected to grow from an estimated USD 4.0 billion
in 2019 to USD 5.3 billion by 2024, at a CAGR of 5.7%, during the forecast
period. Increasing demand for clean & efficient power generation technology
and the implementation of stricter emission regulations is expected to drive
market growth.
The natural gas segment is
expected to hold the largest share...
Protective Relay Market Size Anticipated to Reach $2.7 Billion by 2025
The global Protective Relay Market is projected to reach USD 2.7 billion by 2025 from an estimated market size of USD 2.0 billion in 2020, at a CAGR of 5.7% during the forecast period. The global Protective Relay Market is set to witness significant growth owing to increased renewable capacity addition, substation automation, and replacement of older electromechanical relays with new and advanced...
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...
Smart Meters Market Size to reach $28.6 Billion by 2025
According to the new market research report “Smart
Meters Market, By Type (Electric, Gas, Water), By Communication Type
(RF, PLC, Cellular), By Component (Hardware, Software), By Technology (AMR,
AMI), By End-user (Residential, Commercial, Industrial), and Region – Global
Forecast To 2025″The global Smart Meters Market size is expected
to grow from estimated revenue of USD 20.7 billion...
Wave Energy Market to See Massive Growth by 2022
According to the new market research report “Wave
Energy Market by Technology (OSW, OBC, & Overtopping Converters), Location
(Onshore, Nearshore, Offshore), Application (Desalination, Power Generation,
and Environmental Protection), and Region – Global Forecast to 2025″ The
global Wave Energy Market is projected to reach USD 107 million by 2025 from an
estimated market size of...
Electrical Digital Twin Market to Witness A Massive Growth of 15.4% by 2024
The global electrical digital twin market
is projected to reach USD 1,642 million by 2024 from an estimated USD 804
million in 2019, at a CAGR of 15.4%. This growth can be attributed to the
improved accuracy and efficiency in power sector operations, streamlined
integration of renewable energy technologies, and reduced unplanned downtime
and maintenance cost.
The asset performance
management is...
Diesel Generators Market Trends Estimates High Demand and Revenue Growth by 2020
The diesel generator, a combination of diesel engine with
electrical generator, is a reliable power supply device. It is used for
generating electricity to provide continuous power supply during power
interruptions. It is mostly used as a standby device during power outages or at
places with no connection to a power grid. Diesel generators are widely used
across different industries such as utilities,...
Global Instrument Transformers Market Comprehensive Insights and Growth Potential in the Future
The global instrument
transformers market is projected to grow to reach USD 9.06 billion by 2022,
growing at a CAGR of 4.35%, from estimated USD 7.32 billion in 2017. The major
drivers of the instrument transformers market include refurbishment of aging
power infrastructure, increasing emphasis on alternative energy production
across the globe, and huge investments in smart grids and energy systems.
The...
Smart Transformers Market Is Expected to Grow Rapidly at a CAGR Value by 2022
Overview of Smart Transformers
Market:
Smart Transformers Market research
report describing the professional information and in-depth study on the
current state of the world market along with competitive analysis. The report
defines, describes, and forecasts the global Smart Transformers Market by
component, type, application, and region. It also offers a detailed qualitative
and quantitative analysis...
Power Quality Equipment Market to Offer Lucrative Growth Opportunities during the Forecast Period
Power Quality Equipment Market research report
describing the professional information and in-depth study on the current state
of the world market along with competitive analysis. The report defines,
describes, and forecasts the global Power Quality Equipment Market by
equipment, by end-user, by phase, and by region. The
report provides a comprehensive review of the major market drivers, restraints,
opportunities,...