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...
Surge Protection Devices Market to Soar to $3.95 billion by 2030 | With a 5.8% CAGR
According to a research report “Surge Protection Devices Market by Product (Hard-wired, Plug-in, Line Cord, Power Control Devices), by Technology (Type 1, Type 2, Type 3), by Nominal Discharge Current (Below 10kA, 10–25kA, Above 25kA), End-User, and Region – Global Forecast to 2030″, the global surge protection devices market is estimated to be valued at USD 2.98 billion in 2025...
Powering Progress: A Deep Dive into the Global Relay Market & the Rise of Electromechanical, Solid‑State, and Protection Relays
The global relay market is undergoing significant transformation, driven by the rapid expansion of industrial automation, smart grid infrastructure, electric vehicles (EVs), and renewable energy integration. According to latest report, the relay market is projected to grow from USD 10.12 billion in 2024 to USD 15.20 billion by 2030, at a CAGR of 7.0%. This growth is fueled by the increasing demand...
The Rise of the Continuous Thermal Monitoring Market
In an era marked by relentless industrial automation and digital transformation, the Continuous Thermal Monitoring (CTM) market is emerging as a cornerstone in safeguarding critical equipment and enhancing operational safety. According to a MarketsandMarkets report published in January 2025, this market is projected to grow from USD 1.00 billion in 2024 to USD 1.49 billion by 2030, at a healthy...
AC Motors Market Share Expected to Reach $6.60 Billion by 2029
The global AC Motors Market Share is projected to grow from estimated USD 4.60 billion in 2024 to USD 6.60 billion by 2029, at a CAGR of 7.5% during the forecast period. Industrial growth, rapid urbanization, and increased usage in HVAC systems, water treatment, and manufacturing activities are driving the demand for AC motors. The industries located in China, India, and Japan require AC motors for...
How Advanced Distribution Management Systems Are Transforming the Grid
As the world accelerates toward smarter, more resilient energy networks, Advanced Distribution Management Systems (ADMS) are emerging as the digital backbone of modern power distribution. With utilities facing mounting challenges from renewable integration, grid complexity, and rising consumer expectations, the ADMS market is poised for significant growth and innovation.
According to a latest research,...
Distribution Automation Industry Report 2025: Market Growth Due to Rising Demand of Electricity
The global distribution automation industry is estimated to be valued at USD 19.3 billion in 2024 and is projected to reach USD 36.5 billion by 2029, growing at a CAGR of 13.6% for the forecast period of (2024-2029). The presence of several significant players in the market, modernization of aging grid, and the increase in the need for electricity globally are driving the growth of the Electricity...
DERMS Market Anticipated to Reach $1.44 billion by 2029, Witnessing a CAGR of 18.8% During 2024 to 2029
The Distributed energy resource management systems (DERMS) market is expected to grow from an estimated in USD 0.61 billion in 2024 to USD 1.44 billion by 2029, at a CAGR of 18.8% during the forecast period. The market for DERMS is thus growing rapidly. Some of the key factors driving the market are increased adoption of renewable energy sources such as solar and wind power, which are considered significant...
Smart Grid Market Revenue to Hit $161.5 Billion by 2029
The global Smart Grid Market in terms of revenue was estimated to be worth $73.8 billion in 2024 and is poised to reach $161.1 billion by 2029, growing at a CAGR of 16.9% from 2024 to 2029 according to a new report by MarketsandMarkets™.
The global demand for smart grid is increasing due to strong focus on modernization of aging grid infrastructure. Factors such as rapid industrialization, urbanization,...