Industrial Power Supply Market expected to Grow $9.7 Billion by 2026

Industrial Power Supply Market
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.

Transformer Oil Market
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...

Smart Electric Meter Market expected to Grow $11.33 Billion by 2023

Smart Electric Meter Market
The global Smart Electric Meter Market is projected to grow from an estimated USD 9.27 Billion in 2018 to USD 11.33 Billion by 2023, at a CAGR of 4.11%, from 2018 to 2023. The market in Asia Pacific is estimated to be the largest market for smart electric meters, followed by the North American and the European market in 2018. This trend is expected to continue until 2023. The growth can be attributed...

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

Electronic Load Market
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,...

Sequence of Events Recorder Market Size to Reach $31 Million by 2026

Sequence of Events Recorder Market
According to the new market research report “Sequence of Events Recorder Market by Mount type (Rack mounted, Rail mounted), End user (Data Center, Power Generation, Manufacturing, Others (Hospitals, Laboratories, Petrochemicals, and Pharmaceutical industries)), Region- Global Forecast to 2026″, published by MarketsandMarkets™, the Sequence of Events Recorder Market size will grow to ...

Offshore Decommissioning Market Booming Worldwide with Stunning Growth

Drilling and Completion Fluids Market
According to the new market research report “Offshore Decommissioning Market by Service (Well Plugging & Abandonment, Platform Removal, Conductor Removal) Depth (Shallow, Deepwater) Structure (Topsides, Substructure) Removal (Leave in Place, Partial, Complete), and Region – Global Forecast to 2027″, published by MarketsandMarkets™, the Offshore Decommissioning Market size is...

At CAGR of 27.1%, Renewable Drones Market to Hit $148 Million by 2025

Renewable Drones Market
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

Utility Drones Market
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...

Electric Motor Market Likely to Boost Future Growth by 2026

Electric Motor Market
The global Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast period.Increased demand for HVAC systems in residential, commercial, and industrial end-users in the Middle East and Asia Pacific regions along with growing use of electric motors across major industries is the driving factor for the growth...