Circuit Monitoring Market is projected to reach USD 829 million in 2028 from USD 659 million in 2023 at a CAGR of 4.7% according to a new report by MarketsandMarkets™. Rising concern overpower stability for uninterrupted business operation,huge investments, along with enforcement of stringent standards, to reduce carbon footprint in data centers, and increasing number of data centers are the factors driving the Circuit Monitoring Market.
Increasing focus on the replacing the aging power grid infrastructures is one of the primary driver accelerating the growth of the market. The growth of the distribution automation market can be attributed by the increasing deployment of smart grid technologies and rapidly growing investments in smart grid infrastructure to provide a reliable and efficient power
For many years, diesel power engines have been an important part of the power generation industry. The dependability, durability, and efficiency of diesel engines are well known. They are widely utilised in a number of applications, such as backup power for essential facilities, prime power for remote sites, and primary power for maritime boats and
The factors driving the growth for hydrogen generation market is increasing hydrogen demand in the petroleum refineries and for the application of transportation and electricity sectors.
The switchgear market is a rapidly growing industry, driven by the increasing demand for power distribution and transmission infrastructure. According to a report by MarketsandMarkets, the switchgear market is expected to grow from $90.9 billion in 2022 to $120.1 billion by 2027, at a CAGR of 5.7% during the forecast period. Switchgear is a type
The global thermoplastic pipe market is projected to reach USD 3.3 billion by 2026 from an estimated USD 2.7 billion in 2021, at a CAGR of 4.5% during the forecast period. The global thermoplastic pipe market is driven by the increasing usage of engineered thermoplastic materials in manufacturing pipes. Key Market Players A few major
Hydrogen Generation Market by Technology (SMR, POX, Coal Gasification, Electrolysis), Application (Refinery, Ammonia Production, Methanol Production, Transportation, Power Generation), Source (Blue, Green, Gray), Generation Mode, Region
Press Release issued May 12, 2023: The residential energy storage market has promising growth potential due to the rising production of electric vehicles, initiatives by government, growing R & D investment in lithium-ion batteries.
Circuit Monitoring Market is projected to reach USD 829 million in 2028 from USD 659 million in 2023 at a CAGR of 4.7%.
Portable Generator Market by Application (Emergency, Prime/Continuous), Fuel (Gasoline, Diesel, Natural Gas, Others), Power Rating (Below 5 kW, 5 – 10 kW, 10 – 20 kW), Product type, End user and Region
The global well intervention market is projected to reach USD 9.3 billion by 2026 from an estimated USD 7.6 billion in 2021, at a CAGR of 4.2 % during the forecast period. The global well intervention market is driven by the upsurge in the new oil and gas discoveries and increase in production of oil
The small modular reactor market is expected to grow from an estimated in USD 5.7 billion in 2022 to USD 7.0 billion by 2030, at a CAGR of 2.7% from 2022–2030. Benefits of modularization and factory construction is the main driver for the small modular reactor market. Modularization enables the simplification of construction by dividing
The global carbon footprint management market is projected to reach USD 30.8 Billion by 2028 from an estimated USD 11.3 Billion in 2023, at a CAGR of 22.2% during the forecast period. An environmental indicator, carbon footprint represents the total amount of greenhouse gas emissions caused by an individual, event, organization, service, place, or product.
/PRNewswire/ -- Centrifugal Pump Market is projected to reach USD 51.5 billion in 2028 from USD 39.7 billion in 2023 at a CAGR of 5.4% according to a new...
The Asia Pacific region is estimated to be the largest market for variable frequency drives, followed by the North America.
New Revenue Pockets: The Africa centrifugal pump market is expected to reach USD 936 million by 2032 from an estimated USD 568 million in 2022, at a CAGR of 5.1% from 2022 to 2032. Increasing focus on wastewater treatment infrastructures due to the water scarcity in the region is one of the primary driver accelerating
The small marine engines market growth is dependent significantly on the development of the boat manufacturing industry
/PRNewswire/ -- Synchronous Generator Market size is estimated to be USD 4.7 billion by 2023 and is projected to reach USD 5.9 billion by 2028, at a CAGR of...
Distributed Energy Resource Management System Market by Application (Solar PV, Wind, Energy Storage, CHP, EV Charging), Software (Analytics, Management & Control, VPP), End User (Industrial, Commercial, Residential), and Region - Global Forecast to 2026
Electric motors can be equipped with frequency converters to operate pumps and fans, factors to drive the demand for global Variable frequency drive market.
Servo Motors and Drives Market by System (Linear, Rotary), Communication Type (Fieldbus, Industrial Ethernet, Wireless), Voltage (Low, Medium, High), Brake Technology, Material, Product Type, End-users, Offering and Region
According to a research report “Synchronous Generator Market by Prime Mover (Steam turbine, Gas turbines), Speed ( 1,500 RPM, 3,000 RPM), Power Rating (2-5 MVA, 5-10 MVA, 10-20 MVA, 20-30 MVA, & 30-50 MVA), End User (Renewable Power Generation) & Region – Global Forecast to 2028″ published by MarketsandMarkets, the synchronous generator market size is estimated to be USD 4.7 billion by 2023 and is projected to reach USD 5.9 billion by 2028, at a CAGR of 4.6%.
According to a new market research report, the global hydrogen generation market is projected to reach USD 263.5 Billion by 2027, at a CAGR of 10.5% between 2022 to 2027. The factors driving the growth for hydrogen generation market is Increasing hydrogen demand in the petroleum refineries and rising demand for hydrogen in transportation and power generation applications.
Asia Pacific is expected to fastest growing region in the centrifugal pump market between 2023–2028, followed by North America.
The hydrogen energy storage market is rapidly evolving, with significant investments, technological advancements, and supportive policies driving its growth.
