Power Supply Market Expected to Grow $34.92 Billion by 2023

The global power supply market is estimated to grow from USD 25.20 billion in 2018 to USD 34.92 billion by 2023, at a CAGR of 6.7% from 2018 to 2023. Growing adoption of home and building automation systems, emerging telecommunications sector, and increasing demand for energy-efficient devices/appliances services are the key factors driving the power supply market growth. Power supplies are being...

Fuel Cell Generator Market worth $1.4 Billion by 2030

Fuel Cell Generator Market
According to the new market research report “Fuel Cell Generator Market by Type (PEMFC, SOFC, AFC), End User (Marine, Aquaculture, Construction, Agriculture, Data Center, Emergency Response Generator), Region (North America, Europe, Asia Pacific, Rest of the World) – Global Forecast to 2030”, published by MarketsandMarkets™, The global fuel cell generator market size is estimated to be...

Industrial Power Supply Market worth $14.5 Billion in 2027

Industrial Power Supply Market
The global Industrial Power Supply Market is projected to grow from USD 10.8 billion in 2022 to USD 14.5 billion by 2027, at a CAGR of 6.0% according to a new report by MarketsandMarkets™.  The growth of the industrial power supply market can be attributed to growing investments in the energy efficient devices in the industrial sectors and adoption of robots across several industries. The growing...

Power Rental Market to Witness Huge Growth by 2027

Industrial Air Compressor
The global Power Rental Marketis projected to reach USD 12.8 billion by 2027 from an estimated USD 9.8 billion in 2022, at a CAGR of 5.6% during the forecast period. The rapid expansion of the industrial sector along with the Surging demand for uninterrupted & reliable power supply is expected to drive the demand for the global Power Rental Market. The diesel segment is the largest contributor...

Power Distribution Unit Market Anticipated to Reach $5.7 Billion by 2027

Power Distribution Unit Market
According to the new market research report “Power Distribution Unit Market by Type (Basic, Metered, Switched, Monitored, ATS, Hot Swap, Dual Circuit), Phase (Single & Three), Power Rating (Up to 120 V, 120–240 V, 240–400 V, above 400 V), End User and Region – Global Forecast to 2027″, published by MarketsandMarkets™, the Power Distribution Unit Market size is estimated...

Shore Power Market Size to Reach $2.8 Billion by 2027

Shore Power Market
According to the new market research report “Shore Power Market by Installation (Shoreside, Shipside), Connection (New Installation, Retrofit), Component (Transformers, Frequency Converters, and More), Power Output (Up to 30 MVA, 30 to 60 MVA, Above 60 MVA) and Region – Global Forecast to 2027″, published by MarketsandMarkets™, the Shore Power Market size will grow to USD 2.8 billion...

Power Rental Market expected to Grow $12.8 Billion by 2027

Power Rental Market
According to the new market research report “Power Rental Market by Fuel Type (Diesel, Natural Gas), Equipment (Generators, Transformers, Load Banks), Power Rating (Up to 50 kW, 51–500 kW, 501-2500 kW, Above 2500 kW), Application, End User and Region – Global Forecast to 2027″, published by MarketsandMarkets™, the global power rental market is projected to reach USD 12.8 billion...

Power Plant Control System Market: Technological Innovation Leads to High Demand

power plant control system
Power Plant Control System Market New Revenue Pockets : The global power plant control system market is projected to reach USD 10.2 billion by 2026 from an estimated USD 7.2 billion in 2021, at a CAGR of 7.3% during the forecast period. The growing need for zero downtime power supply solutions for critical power applications is the major driver of the rotary or power plant control system market....

DC Switchgear Market to Hit $14.8 billion by 2026; Growing Demand for Renewable Power Generation to Augment Market Growth

DC Switchgear Market
According to the new market research report “DC Switchgear Market by Voltage (Up to 750 V, 750 V to 1,800 V, 1,800 V to 3,000 V, 3,000 V to 10 kV and Above 10 kV), Deployment Type (Fixed Mounting, Plug-In, and Withdrawable Units), Application, and Region – Global Forecast to 2026” The global DC switchgear market is projected to reach USD 14.8 billion by 2026 from an estimated...

EV Charging Cables Market Likely to Grow at a CAGR of 39.5%, to reach USD 3,173 million by 2027

EV Charging Cables Market
The global EV Charging Cables Market is projected to grow at a CAGR of 39.5%, to reach USD 3,173 million by 2027 from an estimated USD 431 million in 2021. The market growth can be attributed to the increasing installation of charging stations by various OEMs and electric vehicle supply equipment manufacturers. The increasing demand for e-mobility and high-power charging cables in developing regions...