Nuclear Power Plant Equipment Market Size, Share | Industry Report 2027
The Nuclear Power Plant Equipment Market is projected to reach USD 18.6 billion by 2027 from an estimated USD 15.7 billion in 2022, at a CAGR of 3.5% during the forecast period. The global nuclear power plant equipment market is being pushed by increased demand for and generation of clean electricity around the world. As the demand for energy rises, governments seek clean and efficient energy sources...
Power Transformer Market 2025: Trends Shaping the Future of Energy Distribution
The global Power Transformer Market is projected to grow from estimated USD 30.38 billion in 2025 to USD 41.62 billion by 2030, at a CAGR of 6.5% during the forecast period. The growth of the Power Transformer Market is largely driven by the increasing need to reinforce power distribution and transmission infrastructure in response to the rising global demand for electricity. Additionally, the market...
Gas Engine Market Set for Robust Growth Driven by Cleaner Power Demand
The gas engine market is experiencing robust growth driven by increasing demand for cleaner energy solutions and the transition towards sustainable power generation. As industries and governments worldwide prioritize environmental sustainability, gas engines have emerged as a viable alternative to traditional fossil fuel-based power generation systems. This shift is further fueled by advancements...
South-East Asia Two-wheeler e-Axle Market Size, Share | Industry Report 2032
South-East Asia e-axle market for electric two-wheelers is expected to reach USD 584 million by 2032, from USD 227 million in 2025, with a CAGR of 14.45%.
In South-East Asia, hub-mounted e-axles dominate the market due to their low cost, ease of integration, and minimal maintenance making them ideal for mass-market electric scooters used in urban commuting and delivery fleets. However, a shift...
Power Rental Industry Outlook 2024–2029: Generators Lead Market Expansion
The global Power Rental Market size is expected to grow from USD 10.8 billion in 2024 to USD 14.2 billion by 2029, at a CAGR of 5.6% according to a new report by MarketsandMarkets™. The power rental market thrives due to its adaptability, reliability, and ability to address diverse energy needs across various sectors. Rising seasonal demand for power supply, increasing peak load management,...
Transformer Market Size to Grow $88.48 billion by 2030
According to a research report “Transformer Market by Type (Power Transformer, Distribution Transformer, Instrument Transformer and Specialty Transformer), Coooling Type (Oil-cooled and Air-cooled), Power Rating (Low, Medium, High), Phase (Three and Single), Insulation (Oil, Solid, Air, Gas), End User (Power Utilities, Industrial, Residential & Commercial, Data Centers, and Other End Users),...
North American Air Circuit Breaker Market Size to Reach $1.08 billion by 2030
The North American Air Circuit Breaker Market is projected to grow from estimated USD 0.82 billion in 2025 to USD 1.08 billion by 2030, at a CAGR of 5.7% during the forecast period. The North American Air Circuit Breaker (ACB) Market is likely to continue experiencing steady growth up to 2030, driven by growing investments in grid modernization, industrial automation, and renewable energy infrastructure...
Fuel Cell Generator Market is Going to Boom, Projected to Grow at 23.3% CAGR by 2030
The global Fuel Cell Generator Market is projected to grow from estimated USD 0.63 billion in 2025 to USD 1.80 billion by 2030, at a CAGR of 23.3% during the forecast period. The Fuel Cell Generator Market is gaining momentum due to increasing demand for silent, vibration-free, and low-maintenance power systems in noise-sensitive environments such as hospitals, research facilities, and residential...
Smart Gas Meter Market worth $4.04 billion by 2030
The global Smart Gas Meter Market is projected to grow from estimated USD 2.49 billion in 2024 to USD 4.04 billion by 2030, at a CAGR of 8.5% during the forecast period. The major drivers for the Smart Gas Meter Market are the digitalization of distribution grids and network operation optimization, management of advanced metering infrastructure (AMI) assets, and rising investment in smart grid technologies...
Engines and Gensets Industry Outlook 2025: Trends & Predictions
The Engines and Gensets Outlook highlights that both industries are experiencing significant growth driven by the rising demand for fuel-efficient, low-emission engines and reliable power solutions. Engine, which convert fuel into mechanical energy, play a crucial role in industries such as automotive, marine, aerospace, and power generation, thanks to their durability, scalability, and ability to...