Switchgear Market Set for Rapid Growth During 2020-2025 | ABB, Siemens, Schneider Electric, GE, Eaton
Global Switchgear Market Growth Status and Outlook 2020-2025
Latest research “Switchgear Market By Insulation (Gas Insulated, Air Insulated), By Installation (Indoor, Outdoor) By End-Users (T&D Utilities, Industries, Commercial & Residential, Others), By Voltage (Low, Medium, High), and Region – Global Forecast to 2025″ The switchgear market size will grow to USD...
Power Quality Equipment Market Size to Grow $46.1 billion by 2026
The report “Power Quality Equipment Market by Equipment (UPS, Harmonic Filters, Surge Protection Devices, Voltage Regulators, Static VAR compensators, Power Quality Meters), Phase (Single and Three Phase), End User, and Region – Global Forecast to 2026” The power quality equipment market size will grow to USD 46.1 billion by 2026 (forecast year) from USD 32.4 billion in 2021...
Energy as a Service Market is Rapidly Growing Worldwide with Strong Growth Rate 10.8% by 2024
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% from 2019 to 2024. The growth of energy as a service market is driven by the new revenue generating streams for utilities, increased distributed energy resources, decreasing cost of renewable power generation and storage solutions, and availability of...
Demand for Residential Energy Storage to Grow 22.88% Annually Through 2024
The residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period.
This growth can be attributed to factors such as declining cost of batteries, regulatory support and financial incentives, and the need for energy self-sufficiency from consumers. Residential energy storage systems provide...
Residential Energy Management Market Value to Reach $4.1 Billion Till 2025
According to the new market research report
“Residential Energy Management Market by Component (Hardware (RTU, Relays, LCS,
DR devices, Control Devices, In-house Displays), Software(EMP, Energy
Analytics, CEP); Communication Technology (Wired, Wireless); Application;
Region – Global forecast to 2025″,
published by MarketsandMarkets™, the global Residential Energy
Management Market...
Circuit Breaker Market Size to Grow $7.7 Billion by 2025
According to the new market research report
“Circuit Breaker Market by Insulation Type (Vacuum, Air, Gas,
& Oil), Voltage (Medium, High), Installation (Indoor, Outdoor), End-User
(Transmission & Distribution Utilities, Power Generation, Renewables, &
Railways) and Region- Global Forecast to 2025″, published by MarketsandMarkets™, the global Circuit
Breaker Market size is...
Advanced Energy Storage Systems Market to grow $19.04 Billion by 2022
The global advanced energy storage systems market to grow from USD 12.7 billion in 2017 to USD 19.0
billion by 2022, at a Compound Annual Growth Rate (CAGR) of 8.4%
during 2017 to 2022. The growth of the advanced energy storage systems
market is attributed to increasing renewable energy investments and growth in
the electric vehicles market globally and regulatory changes demanding energy
efficiency.
The...
Thermal Energy Storage Market Size to Reach $369 Million by 2025
According to the new market research report “Thermal
Energy Storage Market by Technology (Sensible, Latent,
Thermochemical), Storage Material (Water, Molten Salts, PCM), Application
(Power Generation, District Heating & Cooling, Process Heating &
Cooling), End User and Region – Global Forecast to 2025″, published by
MarketsandMarkets™, the global Thermal Energy Storage...
Heat Pump Water Heater Market is Anticipated to Reach $2.1 billion by 2026
The global Heat Pump Water Heater Market size is projected to reach USD 2.1 billion by 2026 from an estimated value of USD 1.4 billion in 2020, at a CAGR of 6.8%. Factors driving the growth of the heat pump water heater market include the energy efficient technology along with the usage of non conventional sources of energy to heat the water. In addition, supportive regulations and grants for...
Renewable Drones Market to Grow $148 Million by 2025
The global Renewable
Drones Market size will grow to USD 148 million by 2025 (forecast year)
from USD 45 million in 2020 (estimated year), at a CAGR of 27.1% during 2020-2025.
The rising adoption of drones for reducing inspection, increasing focus on
asset optimization are the driving factors for the Renewable Drones Market,
globally. Increasing adoption of drones for reducing cost of inspection
operation...