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...
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...
Energy as a Service: A Game Changer For Energy Industry
What is Energy as a Service market?
Energy as a Service (EaaS) is the process in which customers pay for energy services by means of subscription or pay-per-use, rather than installing a large piece of energy infrastructure. This in effect provides businesses and consumers access to energy solutions like renewable energy generation, energy efficiency upgrades, and energy management systems without...
Engines Market will surge to $477.89 Billion by 2029
The global engines market is projected to reach USD 477.89 billion by 2029 from an estimated USD 377.24 billion in 2024, at a CAGR of 4.8% during the forecast period. The driving factor behind this growth is the growing demand for fuel-efficient and low-emission engines across various end-use industries, such as automotive, marine, power generation, and aviation. Investments in advanced engine technologies,...
New Report: Challenges and Opportunities in the Surge Protection Devices Market
According to new report, The global surge protection devices market is estimated to be valued at USD 2.98 billion in 2025 and is projected to reach USD 3.95 billion by 2030, growing at a CAGR of 5.8% during the forecast period.
The surge protection devices market is expected to grow significantly due to the rising adoption of sensitive electronic equipment and the increasing occurrence of power...
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,...
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...
Portable Power Station Market: Promising Solution to Clean Energy Supply
The global portable power station market is projected to reach USD 1.12 billion by 2028 from an estimated USD 0.48 billion in 2023, at a CAGR of 18.4% during the forecast period. Portable power stations are portable and compact devices that function as independent power sources. Their purpose is to store electrical energy obtained from diverse sources such as solar panels, wall outlets, or car chargers,...