Global $3.6 Bn Microgrid Control System Market to 2023: Increasing Demand for Reliable and Secure Power Supply Worldwide
Global Microgrid Control System Market Overview
The microgrid control system market is expected to grow from an estimated USD 2.0 billion in 2018 to USD 3.6 billion by 2023, at a CAGR of 13.01%. Increasing investments in electric networks, refurbishment of the existing grid networks, and growing adoption of renewable energy sources across the globe are likely to drive the microgrid control...
Portable Power Station Market to Grow $494 Million by 2026
According to the new market research report
“Portable Power Station Market by Power Source (Direct, Hybrid),
Technology (Lithium-ion, Sealed lead-acid), Capacity (0–100, 100–200, 200–400,
400–1000, 1000–1500, ≥1500Wh), Sales Channel (Online, Offline), Application,
Region – Global Forecast to 2026″,
published by MarketsandMarkets™, the global Portable Power Station
Market...
Demand for Residential Energy Storage to Grow 22.88% Annually Through 2024
The residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period.
This growth can be attributed to factors such as declining cost of batteries, regulatory support and financial incentives, and the need for energy self-sufficiency from consumers. Residential energy storage systems provide...