Industrial Gearbox Market to Exceed $31.90 Billion by 2023
The global Industrial Gearbox Market is expected to grow from an estimated $25.91 billion in 2018 to $31.90 billion by 2023, at a CAGR of 4.25% from 2018 to 2023. Increasing requirement for efficient energy gearbox and clean energy sources are driving the growth of the industrial gearbox market. The increasing automation in manufacturing technology is facilitating the growth of the...
Industrial Gearbox Market Expected to Grow $31.90 Billion by 2023
The global Industrial Gearbox Market is expected to grow from an estimated $25.91 billion in 2018 to $31.90 billion by 2023, at a CAGR of 4.25% from 2018 to 2023. Increasing requirement for efficient energy gearbox and clean energy sources are driving the growth of the industrial gearbox market. The increasing automation in manufacturing technology is facilitating the growth of the...
Offshore Wind Market to Witness Massive Growth by 2026
The global Offshore
Wind Market is expected to grow from an estimated USD 31.8 billion in 2021
to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. Offshore
wind is a crucial pillar in energy mix together with onshore wind for regions
such as Europe, Asia Pacific, and North America to achieve their goals
pertaining to climate neutrality. Offshore wind turbines are increasingly...
Distributed Energy Resource Management System Market Witnessing a CAGR of 21.2% During 2021 to 2026
According to the new market research report “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” The global distributed energy resource management system market size will...
Distributed Generation Market to exceed $103.38 Billion by 2022
The global distributed
generation market is expected to grow from an estimated USD 60.04 Billion
in 2017 to USD 103.38 Billion by 2022, at a CAGR of 11.48%. This growth can be
attributed to the increased global demand for electricity, decreasing costs of
solar technology, and rising efforts to reduce global greenhouse gas emissions.
The growing demands for electric power accompanied with regulatory...
Offshore Wind Market will surge to $56.8 Billion by 2026
According to the new market research report
“Offshore
Wind Market by Component (Turbines (Nacelle, Rotors & Blades, Tower),
Substructure, Electrical Infrastructure), Location (Shallow Water, Transitional
Water, & Deepwater) and Region (North America, Asia Pacific, & Europe)
– Global forecast to 2026“, published by
MarketsandMarkets™, the global offshore wind market...
At CAGR of 27.1%, Renewable Drones Market to Hit $148 Million by 2025
The global Renewable Drones Market is projected to reach a size of USD 148 million by 2025, at a CAGR of 27.1%, from an estimated USD 45 million in 2020. The rising adoption of drones for reducing inspection, increasing focus on asset optimization are the driving factors for the renewable drones market, globally. Technological developments software for drone data analytics, and rapid development of...
At CAGR of 37.34%, Utility Drones Market to Hit $538.6 Million by 2023
The
global Utility
Drones Market is estimated to be USD 110.2 million in 2018 and is projected
to reach USD 538.6 million by 2023, at a CAGR of 37.34% from 2018 to 2023.
Drones that are mainly used for utilities inspection, survey, and asset
management are called utility drones. In
2017, North America was the largest market for utility drones, followed by Asia
Pacific and Europe. Growing demand...
Distributed Energy Resource Management System Market Trends Boost Value Demand for Related Technology
Distributed Energy Resource Management System Market Scenario:
The distributed energy resource management system market is expected to grow from an estimated USD 291.1 Million in 2017 to USD 603.6 Million by 2022, registering a CAGR of 15.70%, from 2017 to 2022.
The global market is set to witness a significant growth due to the increasing share of renewable energy in the total energy...