Surge Arrester Market 2020 to Grow at a CAGR of 4.9% by 2025

Surge Arrester Market
According to the new market research report “Surge Arrester Market by Type (Polymeric, Porcelain), Voltage (Medium, High, Extra High), Class (Distribution, Intermediate, Station), End-User (Utilities, Industries, Transportation), Application and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the global Surge Arrester Market is projected to reach USD 1.9 billion...

Circuit Breaker Market Size to Grow $7.7 Billion by 2025

Circuit Breaker Market
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...

Switchgear Monitoring System Market Expected to Grow $2.1 Billion by 2025

Switchgear Monitoring System Market
According to the new market research report “Switchgear Monitoring System Market by Type (GIS, AIS), Voltage (High, Medium), Component (Hardware, Software & Services), Monitoring (Temperature, PD, Gas, Others), End User (Utilities, Industries, Commercial), & Region – Global Forecast to 2025″,published by MarketsandMarkets™,the global Switchgear Monitoring System Market...

Circuit Breaker Market Revenue to Hit $8.7 Billion by 2022

Circuit Breaker Market
The global circuit breaker market is projected to reach USD 8.7 billion by 2022 from an estimated USD 6.9 billion in 2017, at a CAGR of 4.9% from 2017 to 2022. Growing access to electricity in developing countries, increasing construction and developmental activities, and the rising number of renewable power generation projects are the major drivers that would trigger growth in the circuit breaker...

Gas-insulated Switchgear Market Size to Reach $26.5 Billion by 2025

Gas-insulated Switchgear Market
The global Gas-Insulated Switchgear Market is projected to grow from USD 16.9 billion in 2020 to USD 26.5 billion by 2025, at a CAGR of 9.5%. The factors driving market growth are the growing investments in renewable energy and government initiatives to reduce carbon emissions along with the expansion of electrical grids due to the growing industrialization and urbanization. A global increase in...

Energy as a Service Market Rising at 10.8% CAGR to 2024 with Major Players Schneider Electric, Engie, Siemens, Honeywell, Veolia, Enel X, and EDF Renewable Energy.

Energy as a Service Market
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%. This growth can be attributed to the new revenue generation streams for utilities, increased distributed energy resources, decreasing cost of renewable power generation and storage solutions, and availability of federal and state tax benefits for energy...

Air Circuit Breaker Market Projected to Reach $3.9 Billion by 2024

Air Circuit Breaker Market
The global Air Circuit Breaker Market size is projected to reach USD 3.9 billion by 2024 from an estimated USD 3.0 billion in 2019, at a CAGR of 5.2% during the forecast period. Asia Pacific is estimated to be the largest market for air circuit breakers, followed closely by North America. The Middle East & Africa market is also projected to be the fastest-growing market during the forecast period....

Pad-Mounted Switchgear Market to Reach $7.2 Billion by 2024

The global pad-mounted switchgear market is projected to reach USD 7.2 billion by 2024 from an estimated market size of USD 5.5 billion in 2019, at a CAGR of 5.4% during the forecast period. The factors driving the market include increasing investments in distribution infrastructure to meet the growing electricity demand along with investments in underground distribution due to functional and aesthetic advantages....

Gas Engines Market to Hit $5.3 Billion by 2024

The global gas engines market size is expected to grow from an estimated USD 4.0 billion in 2019 to USD 5.3 billion by 2024, at a CAGR of 5.7%, during the forecast period. Increasing demand for clean & efficient power generation technology and the implementation of stricter emission regulations is expected to drive market growth. The natural gas segment is expected to hold the largest share...

Protective Relay Market Size Anticipated to Reach $2.7 Billion by 2025

The global Protective Relay Market is projected to reach USD 2.7 billion by 2025 from an estimated market size of USD 2.0 billion in 2020, at a CAGR of 5.7% during the forecast period. The global Protective Relay Market is set to witness significant growth owing to increased renewable capacity addition, substation automation, and replacement of older electromechanical relays with new and advanced...