Battery Monitoring System Market to Cross $5.47 Billion by 2022
The global battery monitoring system market is projected to grow at a CAGR of 18.23%, to reach a
market size of USD 5.47 Billion by 2022, from an estimated USD 2.37 Billion in
2017. North America is estimated to be the largest market for battery
monitoring systems, followed by Asia Pacific and Europe. The growth of the
battery monitoring system market is mainly driven by a booming demand for
global...
Gas Engines Market Booming Worldwide with Caterpillar, Wärtsilä, Man SE, Cummins, and Rolls-Royce.
The global gas engines market size is projected to reach USD 5.3 billion by 2024, from an estimated USD 4.0 billion in 2019, at a CAGR of 5.7% during the forecast period. The increasing demand for clean and renewable power generation and implementation of stricter emission regulations across the globe are major drivers for the gas engines market.
The gas engines market is dominated by a few major
players...
At CAGR of 29.68%, Virtual Power Plant Market to exceed $709.2 Million by 2021
The global virtual
power plant market is expected to grow from USD 193.4 million in 2016 to
USD 709.2 million by 2021, at a CAGR of 29.68% from 2016 to 2021. North America
is estimated to be the largest market for virtual power plants, followed by
Europe in 2016. This trend is expected to continue till 2021. The growth of the
virtual power plant market is driven by increasing share of renewable energy...
Offshore Wind Market will surge to $56.8 Billion by 2026
According to the new market research report
“Offshore
Wind Market by Component (Turbines (Nacelle, Rotors & Blades, Tower),
Substructure, Electrical Infrastructure), Location (Shallow Water, Transitional
Water, & Deepwater) and Region (North America, Asia Pacific, & Europe)
– Global forecast to 2026“, published by
MarketsandMarkets™, the global offshore wind market...
Industrial Power Supply Market expected to Grow $9.7 Billion by 2026
According to the new market research report
“Industrial Power Supply Market By Type (AC-DC and DC-DC Converter),
Output Power (Very Low Output(up to 500W), Low Output(500-1,000W) Medium
Output(1,000W–10kW), High Output(10-75kW), Very High Output(75-150kW),
Vertical, Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global Industrial
Power Supply Market size...
Transformer Oil Market to Grow $3.3 Billion by 2030 | Nynas AB, Ergon, Inc., PetroChina Company Limited, APAR Industries, and Sinopec Lubricant Company.
According to the new market research report
“Transformer Oil Market by Oil Type (Mineral (Naphthenic,
Paraffinic), Silicone, Bio-based), Application (Transformer, Switchgear,
Reactor), End User (Transmission & Distribution, Power Generation, Railways
& Metros), and Region – Global Forecast to 2030 “, published by MarketsandMarkets™, the global Transformer
Oil Market size...
Gas Turbines Market to exceed $20.66 Billion by 2022
The global Gas
Turbines Market is expected to grow from an estimated $17.51 billion in
2017 to $20.66 billion by 2022, at a CAGR of 3.36%, from 2017 to 2022. The
shale gas boom in North America and decommissioning of nuclear plants in Europe
are likely to boost the demand for gas turbines in these regions. The demand
for gas turbines in the Middle East & Africa, Latin America, and Asia
Pacific...
At CAGR of 9.7%, Switchgear Monitoring System Market to Reach $2.1 Billion by 2025
The global Switchgear
Monitoring System Market size is expected to grow from an estimated USD 1.3
billion in 2020 to USD 2.1 billion by 2025, at a CAGR of 9.7%, during 2020-2025.
A few of the major advantages offered by switchgear monitoring systems are
avoiding unplanned outages, reducing repair costs through improved failure
detection, improving switchgear availability, and a more efficient,
cost-effective,...
At CAGR of 27.1%, Renewable Drones Market to Hit $148 Million by 2025
The global Renewable Drones Market is projected to reach a size of USD 148 million by 2025, at a CAGR of 27.1%, from an estimated USD 45 million in 2020. The rising adoption of drones for reducing inspection, increasing focus on asset optimization are the driving factors for the renewable drones market, globally. Technological developments software for drone data analytics, and rapid development of...
At CAGR of 37.34%, Utility Drones Market to Hit $538.6 Million by 2023
The
global Utility
Drones Market is estimated to be USD 110.2 million in 2018 and is projected
to reach USD 538.6 million by 2023, at a CAGR of 37.34% from 2018 to 2023.
Drones that are mainly used for utilities inspection, survey, and asset
management are called utility drones. In
2017, North America was the largest market for utility drones, followed by Asia
Pacific and Europe. Growing demand...