The 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 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 silicon anode battery market size was estimated at USD 357.3 million in 2024 and is projected to reach USD 3,618.5 million by 2030, growing at a CAGR of 50.1% from 2025 to 2030. Driven by several key factors such as the increasing demand for high-energy density batteries ... Read More »
May 2025The global synchronous condenser market size was estimated at USD 696.0 million in 2024 and is anticipated to reach USD 818.3 million by 2030, growing at a CAGR of 2.8% from 2025 to 2030. This growth is attributed to the growing complexity and variability in power generation across the g... Read More »
May 2025The global offshore wind market size was estimated at USD 39.97 billion in 2024 and is projected to reach USD 65.04 billion by 2030, growing at a CAGR of 8.9% from 2025 to 2030. The market is expected to expand due to growing interest in decreasing the global carbon footprint and in... Read More »
May 2025The global air insulated switchgear market size was estimated at USD 68.26 billion in 2024 and is expected to reach USD 89.24 billion by 2030, growing at a CAGR of 4.6% from 2025 to 2030. The air insulated switchgear (AIS) market's growth is primarily driven by increasing investment... Read More »
May 2025The global direct air capture market size was estimated at USD 97.56 million in 2024 and is projected to reach USD 1,699.33 million by 2030, growing at a CAGR of 61.15% from 2025 to 2030. The primary driver for the direct air capture (DAC) market is the increasing global awareness a... Read More »
May 2025The global motorcycle rental market size was estimated at USD 385.2 million in 2024 and is projected to reach USD 701.4 million by 2030, growing at a CAGR of 10.6% from 2025 to 2030. Rising traffic congestion in large cities worldwide has become a primary factor in encouraging more peopl... Read More »
May 2025The global surge arrester market size was estimated at USD 1,844.46 million in 2024 and is projected to reach USD 2,573.50 million by 2030, growing at a CAGR of 5.79% from 2025 to 2030. Growing global demand for electricity, coupled with increasing grid complexity, is driving the adoptio... Read More »
March 2025The global shunt capacitor market size was estimated at USD 1.08 billion in 2024 and is anticipated to reach USD 1.61 billion by 2030, growing at a CAGR of 7.0% from 2025 to 2030. Growing global demand for electricity, coupled with increasing grid complexity, is driving the adoption of s... Read More »
March 2025