AC Power Sources Market Size to Reach $1.7 billion by 2027

AC Power Sources Market
AC Power Sources Market is projected to grow from USD 1.5 billion in 2022 to USD 1.7 billion by 2027, at a CAGR of 2.2%, according to a new report by MarketsandMarkets™. An AC power source is a programmable device, which provides controlled AC power for equipment testing and measurement purposes. It can be programmed to vary the voltage, phase, and frequency of the current supplied to a receiving...

DC Switchgear Market Size 2022 – Rising Demand For Renewable Power Generation Driving Industry Growth

DC Switchgear Market
New Revenue Pockets: The global DC switchgear market is projected to reach USD 14.8 billion by 2026 from an estimated market size of USD 11.0 billion in 2021, at a CAGR of 6.1% during the forecast period. The factors driving the growth for DC switchgear are the growing demand for renewable power generation and increasing investment in the upgradation and modernization of the railway sector. Key...

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...

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...

DC Circuit Breaker Market – Future Scenarios and Business Opportunity Analysis

Latest report titled “DC Circuit Breaker Market by Voltage (Medium Voltage and High Voltage), Type (Solid-State and Hybrid), Insulation (Vacuum and Gas), End-User (T&D utilities, Power generation, Renewables, and Railways) and Region – Global Forecast to 2024” The DC circuit breaker market is expected to grow from an estimated USD 2.3 billion in 2019 to USD 3.2 billion...

Gas-Insulated Substation Market to Hit $29.5 Billion By 2023 | Adoption of the HVDC Technology to Boost Growth

Latest Report, ‘The gas-insulated substation market is projected to reach USD 29.5 billion by 2023 from USD 18.9 billion in 2018, at a CAGR of 9.2%.’ The gas-insulated substation market is expected to register a CAGR of 9.3% from 2018 to 2023. The growth in this market is supported mainly by the growing renewable power generation, the increasing investments in the transmission...

Energy as a Service Market Rising at 10.8% CAGR to 2024 with Major Players Schneider Electric, Engie, Siemens, Honeywell, Veolia, Enel X, and EDF Renewable Energy.

Energy as a Service Market
The global Energy as a Service Market is projected to reach USD 86.9 billion by 2024 from an estimated USD 52.0 billion in 2019, at a CAGR of 10.8%. This growth can be attributed to the new revenue generation streams for utilities, increased distributed energy resources, decreasing cost of renewable power generation and storage solutions, and availability of federal and state tax benefits for energy...