The global high voltage insulator market size was valued at USD 1,988.73 million in 2023 and expected to grow at a CAGR of 5.2% from 2024 to 2030. The increasing demand for electricity, particularly in developing economies, is a major driver as it necessitates the expansion and moderniza... Read More »
August 2024The global shunt reactor circuit market size was estimated at USD 2.52 billion in 2023 and is projected to reach USD 3.94 billion by 2030, growing 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 t... Read More »
August 2024The global water electrolysis market size was estimated at USD 6,610.3 million in 2024 and is projected to reach USD 10,407.0 million by 2030, growing at a CAGR of 7.9% from 2025 to 2030. The market is poised for significant growth in the coming years, driven by several key factors.... 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 Middle East distribution panel market size was valued at USD 657.1 million in 2023 and is projected to grow at a CAGR of 6.4% from 2024 to 2030. A distribution panel is a necessary part of electrical systems that distribute and handle energy within a residence or business.... 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 cable conduit systems market size was estimated at USD 8,387.7 million in 2024 and is projected to grow at a CAGR of 8.3% from 2025 to 2030. The global infrastructure development, particularly in emerging economies, has been a significant driver for the market g... Read More »
August 2024The global HVDC transmission market size was estimated at USD 11.98 billion in 2023 and is expected to reach USD 16.02 billion by 2030, growing 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 mark... Read More »
August 2024The global electrical grid market size was estimated at USD 268.27 billion in 2023 and is projected to reach USD 390.97 billion by 2030, growing 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... 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 bushing market size was estimated at USD 2.76 billion in 2023 and is projected to reach USD 3.67 billion by 2030, growing at a CAGR of 4.25% from 2024 to 2030. The growing demand for electricity for various applications, including electric vehicles (EVs), consumer e... Read More »
August 2024The global Volt VAR management market size was estimated at USD 481.0 million in 2023 and is projected to reach USD 715.1 million in 2030, growing 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... Read More »
August 2024The global critical power and cooling market size was estimated at USD 27,367.8 million in 2024 and is estimated to grow at a CAGR of 8.8% from 2025 to 2030. The market is driven by the rapid expansion of data centers fueled by the growing demand for cloud computing and digital serv... Read More »
July 2024The global recloser market size was estimated at USD 1.13 billion in 2023 and is projected to reach USD 1.76 billion by 2030, growing at a CAGR of 5.6% from 2024 to 2030. This growth is attributed to the increasing demand for reliable and efficient power distribution systems.... Read More »
July 2024The global transmission repair market size was estimated at USD 222.96 billion in 2023 and is estimated to grow at a CAGR of 3.1% from 2024 to 2030. This growth is primarily driven by the increasing complexity of vehicle transmission systems and the rising number of vehicles on the road,... Read More »
July 2024The global electrical insulator market size was estimated at USD 12.52 billion in 2023 and is projected to reach USD 18.37 billion by 2030, growing at a CAGR of 5.7% from 2024 to 2030. The market's expansion is driven by increasing infrastructural development and electrification pro... Read More »
July 2024The global molded case circuit breakers market size was estimated at USD 6.23 billion in 2023 and is projected to reach USD 15.52 billion by 2030, growing at a CAGR of 14.0% from 2024 to 2030. Increasing investments in electricity generation and transmission is propelling market growth.... Read More »
July 2024The global transformer monitoring system market size was estimated at USD 2.48 billion in 2023 and is projected to reach USD 4.52 billion by 2030, growing at a CAGR of 9.1% from 2024 to 2030. The growing demand for reliable and efficient power distribution is a major driver of the m... Read More »
July 2024The global drill pipe market size was estimated at USD 2.21 billion in 2023 and is projected to grow at a CAGR of 3.9% from 2024 to 2030. Significant oilfield expansions, particularly in North America and the Middle East, along with improving drilling techniques with enhanced productivit... Read More »
July 2024The global gas meter market size was estimated at USD 3.79 billion in 2023 and is projected to reach USD 5.19 billion by 2030, growing at a CAGR of 4.6% from 2024 to 2030. The rise in global demand for natural gas is a major driver, as increasing energy consumption and the shift towards ... Read More »
July 2024