Power Monitoring Market to Gain Momentum; Increasing Focus on Efficient Utilization of Power Resources to Propel Market

The global power monitoring market is projected to reach USD 5.2 billion by 2024 from an estimated USD 3.8 billion in 2019, at a CAGR of 6.1% during the forecast period. Increasing focus on efficient utilization of power resources is driving the demand for the power monitoring market. Key Market Players The major players in the power monitoring market are Schneider Electric  (France),...

Solid State (Smart) Transformer Market worth $ 5,043.39 Million by 2020

According to the market research report “Solid State (Smart) Transformer Market – Global Forecast & Analysis (2012 – 2020) By Application (Smart Grid, Traction Locomotives, Electric Vehicle Charging Stations, Others), Component (Switches, High frequency Transformers, Converters, Others) & Geography” published by MarketsandMarkets (www.marketsandmarkets.com), the total solid state...