Growth of Power Plant Control System Market to be fueled by the Advancing Technology and Growing Industrial Automation in the Coming Years
Growing demand for electricity across the globe and advancements in technology such as automation of power generation has enabled intelligent operations of power plants, with most of the operations of thermal power plants being controllable from a control room. Moreover, adverse effects on environment and rise in global warming have also led to the increased adoption of industrial automation, thereby...
Demand for Uninterrupted and Reliable Power Supply to Boost the Growth of Generator Sales Market in the Coming Years
Generators, being used in countless industrial and commercial establishments to supply power for critical applications, have been witnessing a significant increase in demand for uninterrupted and reliable power supply. This in turn, has resulted in increased sales of generators. They are used for small loads, such as homes, as well as for larger loads like industrial plants, hospitals, and commercial...
Electrical SCADA Market to Showcase Significant Growth in the Coming Years
Supervisory Control and Data Acquisition (SCADA) system plays a vital role in power system operation. SCADA mainly helps in monitoring and controlling of an equipment or plant in several industries, restoring of power after an outage, evenly distributing the excess power to overloading regions, and reducing the manpower by controlling the electric power system. The increasing application of SCADA across...
Increasing Global Demand Driving Smart Meter Market
Advancements in metering technology have increased customer expectations in terms of their extensive applications in different paths of life. Increasing demand for smart meter technology is promoting manufacturers to innovate and serve potential demands of the customers. Smart meters are largely used for tracking consumption of gas, electricity, water and all the other utility services. The technology...
Fuel Cell Technology Market Focuses on Early Market Applications
Versatility and increasing area of applications are the two prominent reasons for growing fuel cell technology market. Fuel cells are a type of device that help conversion of chemical energy from fuels to electric energy. They share distinct similarities with batteries. However, they are supplied with fuel sources from outside, which make them, resemble with engines. Fuel cells are available in variety...