Power SCADA Market to Grow $2.5 Billion by 2026

Power SCADA Market
According to the new market research report “Power SCADA Market by Architecture (Hardware, Software, Services), Component (Remote Terminal Unit, Programmable Logic Controller, Human Machine Interface, Communication System Protection relays), End User and Region- Global Forecast to 2026″, published by MarketsandMarkets™, the Power SCADA Market size will grow to USD 2.5 billion by 2026...

Gas-insulated Switchgear Market Size to Grow $26.5 Billion by 2025, At CAGR of 9.5%

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% from 2020 to 2025. 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...

At CAGR of 6.9%, Transformer Oil Market to Generate $3.0 Billion by 2025

Transformer Oil Market
The global transformer oil market is projected to reach USD 3.0 billion by 2025 from an estimated market size of USD 2.2 billion in 2020, at a CAGR of 6.9% during the forecast period. The factors driving the growth for transformer oil are the upgradation of electric grids in developing countries along with the expansion of electric grids due to growing industrialization and urbanization. The transformer...

DC Power Supplies Market Growing Strong through 2024

DC Power Supplies Market
The global DC power supplies market size is projected to reach USD 454 million by 2024 from an estimated value of USD 361 million in 2019, at a CAGR of 4.7% from 2019 to 2024. The growing wireless communication & infrastructure and aerospace & defense segment in the countries such as US & Canada and growing demand for industrial automation and consumer electronics sector in countries such...

Offshore Support Vessel Market expected to Grow $26.8 Billion by 2026

Offshore Support Vessel Market
According to the new market research report “Offshore Support Vessel Market by Type (AHTS, PSV, MPSV, Standby & Rescue Vessel, Crew Vessel, Chase Vessel, Seismic Vessel), Application (Shallow water and Deepwater), End-User (Oil & Gas and Offshore Wind), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global Offshore Support Vessel Market is expected...

Automotive Engineering Services Market (2021-2027)

Automotive Engineering Services Market
The global Automotive Engineering Services Market is projected to grow at a CAGR of 8.8% from USD  153.3 billion in 2021 to USD  253.9 billion by 2027. Vehicle manufacturers are increasingly focusing on the implementation of advanced technologies in vehicles. The megatrends of vehicle lightweighting, autonomous vehicles, connectivity services, and electrification of vehicles will transform the...

Portable Power Station Market to Grow $494 Million by 2026

Portable Power Station Market
According to the new market research report “Portable Power Station Market by Power Source (Direct, Hybrid), Technology (Lithium-ion, Sealed lead-acid), Capacity (0–100, 100–200, 200–400, 400–1000, 1000–1500, ≥1500Wh), Sales Channel (Online, Offline), Application, Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global Portable Power Station Market...

Industrial Power Supply Market Size to Grow $12.8 Billion by 2024

Industrial Power Supply Market
The global industrial power supply market size is expected to reach USD 12.8 billion by 2024 from an estimated value of USD 9.9 billion in 2019, at a CAGR of 5.4 % during the forecast period. The rise in lighting and consumer electronics sector in the nations such as US & China with the implementation of industrial automation in the manufacturing industry is anticipated to drive the demand of...

Electrical SCADA Market to Grow $3.29 Billion by 2022

Electrical SCADA
The global Electrical SCADA Market is expected to grow from an estimated $2.29 billion in 2017 to $3.29 billion by 2022, at a CAGR of 7.48%, during the forecast period. This growth is primarily driven by the increasing investments in electrical networks, adoption of remote monitoring and control solutions, digitalization of the power sector, need for automation in the power industry, and rising pressure...

Meter Data Management System Market to Grow at Fastest Rate of 20.48% during 2018-2023

Meter Data Management System Market
The global Meter Data Management System Market is projected to reach $428 million by 2023 from an estimated $169 million in 2018, at a CAGR of 20.48% from 2018 to 2023. This growth can be attributed to the increased government policies and supportive mandates for smart meter installations and need for accurate utility bill generation. The electricity segment is expected to be the fastest growing...