Industrial Power Supply Market worth $14.5 Billion in 2027
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...
Light Management System Market to Observe Huge Growth by 2023
The global Light Management System Market is expected to grow from an estimated $11.66 billion in 2018 to $21.51 billion by 2023, at a CAGR of 13.03%, during the forecast period. The increasing adoption of energy-efficient lighting automation systems is the major driver of the lighting management system market. The growing demand for building automation in North America and Europe make them...
Energy Efficient Motor Market to See Huge Growth in Near Future
The global energy
efficient motor market is projected to reach USD 41.6 billion by 2023 from
USD 30.3 billion in 2018, at a CAGR of 6.5% between 2018 and 2023. The major
factors driving the growth of the energy-efficient motor market are energy
savings and the subsequent cost over traditional motors, increasing
governmental support worldwide towards the adoption of energy-efficient motors,
rising...
Smart Meters Market expected to Grow $30.2 Billion by 2026
The global smart
meters market is projected to reach USD 30.2 billion by 2026 from USD 19.6
billion in 2021, at a CAGR of 9.0% during the forecast period. Smart Meters is
increasingly being installed and is showing robust growth. The increase in the
adoption of electric vehicles, development of microgrids, distributed energy
storage, and the need for net-metering are a few of the major drivers for...
Energy Efficient Motor Market Size to Reach $41.6 Billion by 2023
The global energy-efficient
motor market is projected to reach USD 41.6 billion by 2023 from USD 30.3
billion in 2018, at a CAGR of 6.5% between 2018 and 2023. The major factors
driving the growth of the energy-efficient motor market are energy savings and
the subsequent cost over traditional motors, increasing governmental support
worldwide towards the adoption of energy-efficient motors, rising...
Silent Generator Market expected to Grow $4.1 Billion by 2027
According to the new market research report
“Silent
Generator Market by Sound Level (Super Silent, Silent), Fuel
(Diesel, Natural Gas), Power Rating (Up to 25 kVA, 25-49 kVA, 50-99 MW, 100-499
kVA, & Above 500 kVA), Phase, Type, Application, End-User Industry and
Region – Global Forecast to 2027″, published by MarketsandMarkets™, the
Silent Generator Market size will grow to...
Smart Gas Meter Market to Garner $2.5 Billion by 2026
The global smart gas
meter market size is expected to grow from an estimated USD 2.0 billion
in 2021 to USD 2.5 billion by 2026, at a CAGR of 4.7%, during the forecast
period. The key drivers for the smart gas meter market include digitalization
of distribution grids and optimization of network operations; asset management
of advanced metering infrastructure (AMI); and increasing investment in smart
grid...
Industrial Filtration Market Size to Grow $45.2 Billion by 2027
According to the new market research report
“Industrial
Filtration Market by Type (Air & Liquid), Product (Filter Press,
Bag, Drum, Depth, Cartridge, HEPA, ULPA), Filter Media (Activated Charcoal,
Fiberglass, Filter Paper, Metal, Nonwoven Fabric), Industry and Region – Global
forecast to 2027″, published by MarketsandMarkets™, the global Industrial
Filtration Market is projected...
Electric Motor Market will Escalate Rapidly in Near Future
The global Electric
Motor Market is expected to grow from an estimated USD 113.3 billion
in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast
period. Increased demand for HVAC systems in residential, commercial, and
industrial end-users in the Middle East and Asia Pacific regions along with
growing use of electric motors across major industries is the driving factor
for...
Smart Meters Market expected to Grow $30.2 billion by 2026
According to the new market research report
“Smart
Meters Market by Type (Electric, Gas, Water), Communication Type
(RF, PLC, Cellular), Component (Hardware, Software), Technology (AMR, AMI), End
user (Residential, Commercial, Industrial), and Region – Global Forecast to
2026″, published by MarketsandMarkets™, The Smart Meters Market size
will grow to USD 30.2 billion by...