The global vacuum contactor market size was estimated at USD 4.52 billion in 2024 and is projected to reach USD 6.65 billion by 2030, growing at a CAGR of 6.7% from 2025 to 2030. Industrial energy efficiency and the roll-out of smart, modernized grid infrastructure are uplifting the glob... Read More »
June 2025The global electronic load market size was estimated at USD 3.94 billion in 2024 and is projected to reach USD 6.19 billion by 2030, growing at a CAGR of 8.1% from 2025 to 2030. The increasing demand for reliable and efficient testing solutions in various industries, particularly aerospa... Read More »
June 2025The global pad-mounted switchgear market size was valued at USD 6.79 billion in 2024 and is projected to reach USD 9.37 billion by 2030, growing at a CAGR of 5.5% from 2025 to 2030. This growth is attributed to the rising adoption of renewable energy sources like solar and wind, which dr... Read More »
June 2025The global fault current limiter market size was estimated at USD 5.48 billion in 2024 and is projected to reach USD 8.02 billion by 2030, growing at a CAGR of 6.66% from 2025 to 2030. The global market is shaped by several key trends, with technological advancements at the forefron... Read More »
June 2025The U.S. green power transformer market size was valued at USD 200.7 million in 2024 and is anticipated to grow at a CAGR of 6.7% from 2025 to 2030. The growing use of renewable energy sources like wind and solar power has increased the need for green power transformers. These transforme... Read More »
June 2025The global power transformer market size was estimated at USD 25.47 billion in 2024 and is projected to reach USD 45.82 billion by 2033, growing at a CAGR of 6.8% from 2025 to 2033. Increasing electricity demand in emerging and developed countries, with rising investment in infrastructur... Read More »
June 2025The global LNG storage tank market size was valued at USD 17.20 billion in 2024 and is projected to reach USD 26.28 billion by 2030, growing at a CAGR of 7.4% from 2025 to 2030. This growth can be attributed to the rising global demand for Liquefied Natural Gas (LNG) as a cleaner energy ... Read More »
June 2025The global micro inverter market size was estimated at USD 4.67 billion in 2024 and is projected to reach USD 17.34 billion by 2030, at a CAGR of 24.58% from 2025 to 2030. The market is experiencing steady growth, driven by the rising adoption of rooftop solar systems and the increasing ... Read More »
June 2025The global shunt reactor market size was estimated at USD 2.82 billion in 2024, and is projected to reach USD 4.05 billion by 2030, growing at a CAGR of 6.3% from 2025 to 2030. This growth is driven by rising demand across various applications, particularly in power transmission and dist... Read More »
June 2025The global gas insulated transformer market size was estimated at USD 2.95 billion in 2024 and is projected to reach USD 3.87 billion by 2030, growing at a CAGR of 4.7% from 2025 to 2030. Rising electricity demand, driven by industrialization, urbanization, and an increase in the use of ... Read More »
June 2025The U.S. microgrid as a service market size was valued at USD 953.2 million in 2024 and is projected to grow at a CAGR of 12.0% from 2025 to 2030.The market growth is being driven by increasing demand for renewable energy integration, the need for resilient power infrastructure, and supp... Read More »
June 2025The global cable assembly market size was estimated at USD 178.90 billion in 2024, and is projected to reach USD 253.81 billion by 2030, growing at a CAGR of 6.05% from 2025 to 2030. The market is witnessing steady expansion, fueled by the rising demand for efficient connectivity solutio... Read More »
June 2025The global current transformer market size was estimated at USD 2.63 billion in 2024 and is projected reach USD 3.90 billion by 2030, growing at a CAGR of 6.82% from 2025 to 2030. The industry is witnessing steady growth due to rising demand for efficient energy monitoring and control ac... Read More »
June 2025The global power amplifier market size was estimated at USD 35.16 billion in 2024 and is projected to reach USD 75.45 billion by 2030, growing at a CAGR of 13.1% from 2025 to 2030. The market is witnessing steady growth, driven by the rising demand for high-performance audio and RF ampli... Read More »
June 2025The U.S. microgrid market size was estimated at USD 14.82 billion in 2024 and is projected to grow at a CAGR 18.2% from 2025 to 2030. Market growth is being propelled by rising investment in grid resilience, the growing need for localized energy systems, and t... Read More »
June 2025The global microgrid as a service market size was estimated at USD 2.87 billion in 2024 and is projected to reach USD 6.56 billion by 2030, growing at a CAGR of 14.8% from 2025 to 2030. The microgrid as a service (MaaS) industry is experiencing significant growth, driven by the increasin... Read More »
June 2025The global timing relay market size was estimated at USD 611.70 million in 2024 and is projected to reach USD 843.4 million by 2030, growing at a CAGR of 5.8% from 2025 to 2030. The rise of automation in numerous sectors, such as manufacturing, automotive, and process industries, propels... Read More »
June 2025The global hydrogen fueling station market size was valued at USD 832.4 million in 2024 and is projected to reach USD 3.21 billion by 2030, growing at a CAGR of 26.3% from 2025 to 2030... Read More »
May 2025The global green power transformer market size was estimated at USD 1.22 billion in 2024 and is anticipated to reach USD 1.81 billion by 2030, growing at a CAGR of 6.9% from 2025 to 2030. The demand for green power transformers is likely to grow significantly in the coming years, driven ... Read More »
May 2025The global perovskite solar cell market size was estimated at USD 264.62 million in 2024 and is projected to reach USD 7021.18 million by 2030, growing at a CAGR of 72.18% from 2025 to 2030. Technological advancements have led to significant improvements in power conversion efficiency, w... Read More »
May 2025