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...
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...
Powering the Green Revolution: How the Inverter Market is Transforming Energy and Mobility
The global push toward clean energy and electrification is reshaping industries, and at the heart of this transformation lies a critical but often overlooked technology: the inverter. As the world accelerates its adoption of renewable energy and electric vehicles, the inverter market is experiencing unprecedented growth, innovation, and competition.
Explosive Growth Driven by Renewables and Electrification
The...
Powering the Future: Trends Driving the Switchgear Monitoring System Market in North America
The global Switchgear Monitoring System Market is projected to reach USD 2.7 billion by 2028 from an estimated USD 1.8 billion in 2023, at a CAGR of 8.4% during the forecast period. The demand to secure electrical distribution systems is the need for the continuous monitoring of switchgear, and growing investments in renewable energy offer high-growth opportunities for the market.
Gas Insulated...
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,...
With 16.9% CAGR, Smart Grid Market Growth to Surpass $161.5 Billion
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,...
Smart Grid Market Size to Grow $185.0 Billion by 2029
The global Smart Grid Market in terms of revenue was estimated to be worth $71.8 billion in 2024 and is poised to reach $185.0 billion by 2029, growing at a CAGR of 20.8% from 2024 to 2029 according to a new report by MarketsandMarkets™.
The demand for smart grid is on the rise due to various factors. Expansion in industries like manufacturing, automotive, and construction contributes to increased...
Recloser Market to Increase at 5.0% CAGR, Reaching $1.5 billion by 2030
New Revenue Pockets:
The global recloser market is projected to reach USD 1.5 billion by 2030, showing a growth from the estimated USD 1.1 billion in 2024, with a compound annual growth rate (CAGR) of 5.0% from 2024 to 2030. The recloser market, traditionally focused on enhancing grid reliability and protection in medium voltage distribution networks, is witnessing the emergence of new revenue...
Surge Arrester Market worth $1.9 Billion by 2025
The global Surge Arrester Market size is expected to grow from an estimated USD 1.5 billion in 2020 to USD 1.9 billion by 2025, at a CAGR of 4.9% during the forecast period. The rising demand for electricity in APAC and the growing focus of on increasing renewable energy installed capacity are encouraging utilities to invest in the electricity transmission and distribution networks, as well...