The global distribution boards market size was estimated at USD 4.72 billion in 2023 and is expected to expand at a CAGR of 5.2% from 2024 to 2030. An increasing demand for electricity across various sectors, including residential, commercial, and industrial applications is driving the d... Read More »
August 2024The global fault current limiter market size was estimated at USD 5,178.71 million in 2023 and is projected to grow at a CAGR of 6.56% from 2024 to 2030. The global market is currently being shaped by several key trends, with technological advancements at the forefront. One significant t... Read More »
August 2024The global shunt reactor circuit market size was estimated at USD 2.52 billion in 2023 and expected to grow at a CAGR of 6.63% from 2024 to 2030. Growing renewable energy adoption globally to meet the rising demand from developing countries due to the increased urbanization of rural regi... Read More »
August 2024The global water electrolysis market size was estimated at USD 6.18 billion in 2023 and is projected to grow at a CAGR of 7.9% from 2024 to 2030. The market is poised for significant growth in the coming years, driven by several key factors. Firstly, the transition towards sustainability... Read More »
August 2024The global timing relay market size was estimated at USD 590.02 million in 2023 and is expected to grow at a CAGR of 5.5% from 2024 to 2030. Increasing automation across various industries, including manufacturing, automotive, and process industries, is driving the growth of the timing r... Read More »
August 2024The global stadium lighting market size was estimated at USD 547.25 million in 2023 and projected to grow at a CAGR of 7.61% from 2024 to 2030. The market is experiencing significant growth driven by several key factors. The transition from traditional metal halide lights to energy-effic... Read More »
August 2024The global electronic load market size was estimated at USD 3.72 billion in 2023 and is projected to grow at a CAGR of 7.8% from 2024 to 2030. The increasing demand for reliable and efficient testing solutions in various industries, particularly in the fields of aerospace, automotive, an... Read More »
August 2024The global disconnect switches market size was estimated at USD 15.02 billion in 2023 and projected to grow at a CAGR of 6.09% from 2024 to 2030. The market is experiencing significant growth driven by various factors, including rising industrialization, increased investment in electrici... Read More »
August 2024The global motorcycle rental market size was estimated at USD 354.4 million in 2023 and is projected to reach USD 701.4 million by 2030, growing at a CAGR of 10.5% from 2024 to 2030. Rising traffic congestion in large cities worldwide is becoming a primary market driver, encouraging more... Read More »
August 2024The global perovskite solar cell market size was estimated at USD 218.44 million in 2023 and expected to grow at a CAGR of 72.7% from 2024 to 2030. Technological advancements have led to significant improvements in power conversion efficiency, with perovskite PV cells exceeding most thin... Read More »
August 2024he global air insulated switchgear market size was estimated at USD 65.45 billion in 2023 and is estimated to grow at a CAGR of 4.6% from 2024 to 2030. The air insulated switchgear (AIS) market's growth is primarily driven by increasing investments in power infrastructure, particularly i... Read More »
August 2024The global digital substation market size was estimated at USD 6.90 billion in 2023 and expected to grow at a CAGR of 7.55% from 2024 to 2030. The increasing digital transformation of various operations and processes with respect to electricity production and distribution to enhance thei... Read More »
August 2024The global cable conduit systems market size was estimated at USD 7.90 billion in 2023 and is projected to grow at a CAGR of 8.0% from 2024 to 2030. The global infrastructure development, particularly in emerging economies, has been a significant driver for the market growth. As countrie... Read More »
August 2024The global HVDC transmission market size was estimated at USD 11.98 billion in 2023 and is expected to grow at a CAGR of 4.5% from 2024 to 2030. An increasing demand for efficient long-distance power transmission is driving the growth of the market.... Read More »
August 2024The global commercial airport lighting market size was estimated at USD 681.81 million in 2023 and is expected to grow at a CAGR of 5.7% from 2024 to 2030. The market is propelled by increasing air traffic, stringent aviation safety regulations, and a growing emphasis on operational effi... Read More »
August 2024The global electrical conduit market size was estimated at USD 7.44 billion in 2023 and is estimated to grow at a CAGR of 6.7% from 2024 to 2030. Market growth is primarily driven by the rising demand for safe and secure electrical wiring systems in residential, commercial, and industria... Read More »
August 2024The global electrical grid market size was estimated at USD 268.27 billion in 2023 and is estimated to grow at a CAGR of 5.6% from 2024 to 2030. Increasing demand for electricity globally, supported by rapid urbanization, and industrialization is expected to drive the market over the com... Read More »
August 2024The global shunt reactor market size was estimated at USD 2.66 billion in 2023 and is estimated to grow at a CAGR of 6.2% from 2024 to 2030. This growth is driven by increasing demand across various applications, particularly in power transmission and distribution systems. The surge is f... Read More »
August 2024The global Volt VAR management market size was estimated at USD 481.0 million in 2023 and is forecasted to grow at a CAGR of 5.0% from 2024 to 2030. The market is primarily driven by the growing demand for energy efficiency in power distribution systems. As utilities and grid operators s... Read More »
August 2024The global vacuum contactor market size was estimated at USD 4.26 billion in 2023 and is estimated to grow at a CAGR of 6.6% from 2024 to 2030. Rising need for energy efficiency in industrial applications is expected to benefit the market growth over the coming years.... Read More »
August 2024