The global Transformer Market will reach USD 64,514.9 million at a favorable 6% CAGR by 2030, states the latest Market Research Future (MRFR) report. Drivers  Deployment of Smart Transformers and Smart Grids to Boost Market Growth  The deployment of smart transformers and smart grids will boost market growth over the forecast period. Smart grid helps in facilitating the remote access...

Solar street lighting is powered by solar power saved in grids and lowers the costs of maintaining street lights. The drive undertaken by various nations to switch to renewable energy can drive its implementation by various nations. The global solar street lighting market is set to exhibit 21.02% CAGR over the forecast period (2018-2023), according to the latest report by Market Research Future...

The global Commercial HVAC Market is likely to touch USD 93.50 billion at a 6.86% CAGR in the forecast period 2020- 2027, according to the latest Market Research Future (MRFR) analysis. A commercial HVAC system has been designed to control the cooling and heating in commercial buildings. It also helps in filtering and cleaning indoor air for maintaining humidity levels. Various factors are...

The global virtual power plant market will touch USD 6.37 billion at a 20.61% CAGR by 2030, states the latest Market Research Future (MRFR) report. COVID-19 Analysis The sudden COVID-19 outbreak has affected the worldwide economy adversely and has disrupted several businesses in different countries. Owing to the government imposed lockdown across the world, there has been a decline in the...

Residential Solar Energy Storage Market - Competitive Analysis Intensely competitive, the Residential solar energy storage Market appears to be well-established with the presence of many large and small-scale players. Strategic initiatives such as acquisition, expansion, collaboration, and product launch remain the trends of these players to gain a competitive advantage.   Major...

The global Wind power Market size will touch USD 184.65 billion at a 10.37% CAGR in the forecast period (2020- 2027), states the latest Market Research Future (MRFR) report. Drivers  Increasing Demand for Clean Energy to Boost Market Growth  The ever-increasing demand for clean energy will boost market growth over the forecast period. The increasing emphasis to reduce the carbon...

With global electrification and power backup rapidly becoming a reality, the demand, as well as market for transformers, is growing in countries where cities and villages are being electrified now or where arrangements are needed for power backup. Market Research Future (MRFR) has published a research report about the global power transformer market that adumbrates aggrandizement for this...

Nuclear decommissioning is the process of cleaning up the place of radioactive materials and dismantling of the nuclear plant. According to the World Nuclear Association, close to 180 commercial reactors and over 500 research reactors have been decommissioned. The global Nuclear decommissioning Market report compiled by Market Research Future (MRFR) takes a look at the future of nuclear energy,...

COVID-19 Analysis  Almost every industry has fallen prey to the COVID-19 outbreak which also includes the Fuel cell technology Market. The government imposed lockdowns the world over has resulted in the global economic crisis which has unfortunately pushed the automotive industry to near collapse, thus shutting down factories and emptying showrooms. The auto sector has been profoundly...

The global Electric fuse Market witnesses substantial growth. The market growth attributes to the growing offshore investments in renewable power, T&D, and the construction industry. Increasing electrification substantiate the growth of the market, driving power consumption.  Besides, advantages of an electric fuse like zero maintenance, lesser operation time than the operation of a...

The global Distribution boards Market is predicted to touch USD 8.52 billion at a 6.50% CAGR between 2019- 2025 states the recent Market Research Future (MRFR) analysis. A distribution board or panel board or electric breaker panel, simply put, is an electricity supply composition which segments an electric power feed into the supplementary circuit, though offering a circuit breaker or...

The Control Valve Market is growing persistently, witnessing rising sales. The market growth attributes to the increasing usages of control valves in the burgeoning construction industries. Besides, rising demand from end-use industries such as oil & gas, chemicals, food & beverage, and pharmaceuticals, substantiates the market growth. Moreover, increasing usages of control valves in...

Clean Coal Technology Market   - Competitive Analysis Highly competitive, the Clean coal technology Market appears fragmented due to the presence of many well-established players. These players incorporate strategic approaches such as mergers & acquisitions, collaboration, expansion, and product/technology launch to gain a larger competitive share.  They make substantial...

Global Bifacial Solar Market is expected to grow at a CAGR of 15.26% during the forecast period 2020–2026. Bifacial solar modules have solar cells on the front and back of the panel. A bifacial solar module works best with the ground-mount installation. The top of each solar module in a bifacial solar unit is covered in protective glass. The bifacial solar cells are more efficient as the...

The global Wind tower Market is garnering tractions increasingly. The market growth attributes to the increased focus on sustainable energy resources led by the concerns over extensive reliance on fossil fuel. Besides, the rising pressure to adopt renewable energy sources that are environmentally viable and ensure long-term sustainability drives the growth of the market. Moreover, stringent...

Market Research Future (MRFR), in its latest report on the global Transformer monitoring system Market 2020, reveals that the expansion of the transformer monitoring system market can be at about 12.82% CAGR across the forecast period 2022 to 2030. MRFR data shows that the transformer monitoring system market can value at USD 7.91 Bn by 2030. , with a CAGR of 12.82% from 2022 to 2030. Increase...

According to MRFR, the Global Subsea Manifold Market 2020 is expected to expand at 4.85% CAGR during the forecast period. Drivers and Restraints The function of manifolds is to merg the flow from the multi-well system and move the flow to the flow lines of production and to control the delivery of injected water , gas and chemicals. Any field under development process for producing oil from the...

The global Pumped hydroelectricity storage turbines Market is expected to progress with ~5.01% CAGR from 2020 to 2027. Taste the market data and market information presented through more than 100 market data tables and figures spread in 150 numbers of pages of the project report. Avail of the in-depth table of content & market synopsis on “Global Pumped Hydroelectricity Storage...

Market Research Future (MRFR) asserts that the Hydraulic pumps Market 2020 can expect to touch USD 11.6 billion by 2030. The market’s estimated growth rate can be 6.01% from 2022 to 2030 (considered to be the appraisal period). We will provide COVID-19 impact analysis with the report, along with the developments post the coronavirus disease outbreak. Top Drivers and Main Deterrents...

Market Research Future aims to study and address potential market status for Global Gas Engines Market 2020 taken down during the ongoing COVID 19 outbreak. The study is all about how the market is responding globally to the COVID-19 pandemic—and the study reveals that the market would rise at a higher pace during the forecast period 2022–2030. Top Impacting Factors The expansion of...

Downhole cables are used extensively in the oil & gas industry as their unique construction of downhole cables allows them to be used in harsh environments. These cables are used mainly for data transmission. Generally, these cables find applications in oil wells, pipelines, and underwater areas where they are used to drive centrifugal pumps. The increasing exploration & production of...

As per the research by Market Research Future Reports (MRFR), the global XLPE cables market 2020 is majorly driven by the rising share of renewable energy in the power generation mix. Due to the rising population, global electricity demand is likely to rise exponentially. Besides, rapid urbanization increased access to electricity, and the increasing infrastructure activities have also aided in...

Market Research Future (MRFR) estimates the global Off-grid solar Market to exhibit a CAGR of 8.62% from 2020-2027 (forecast period). Adoption of Off-Grid Solar Equipment in Rural Areas Off-grid solar systems are increasingly being used in rural regions as an alternative to grid extensions. It is necessary for lowering greenhouse gas emissions and successfully transitioning to renewable energy....

Market Research Future (MRFR), in its research report, emphasizes that the global Bio fuels Market 2020 is expected to grow exponentially over the review period, ensuring substantial market valuation of USD 230.5 billion by 2030, and a healthy  5.10% CAGR over the review period. Competitive Overview The major market players operating in the global market as identified by MRFR’s...

COVID-19 Impact on the Worldwide Market The market trends for COVID-19 Solar water pumps Market show a drop. Fewer investments and economic changes are to blame for the decline. The demand and supply chain of the solar water pump business has been badly harmed as a result of Covid 19. Another covid consequence on this market is the price reduction. The slowdown in mining, groundwater...

Offshore wind energy or power is generated by installing wind turbines on bodies of water and harvesting wind energy. Maritime transport has eased the construction of wind farms by lack of limitations on seaways as well as transportation of necessary components. The global Offshore wind Market size is poised to reach USD 114 billion by 2030, according to the latest report by Market Research...

The FSRU market is projected to develop at a healthy 13.88% CAGR between 2022- 2030, as per the current Market Research Future (MRFR) analysis. A floating storage regasification unit or FSRU, simply put, is a key component needed during transit and transfer of liquefied natural gas (LNG) via oceanic channels. In short, it is a special form of ship used to transfer LNG. It has wide applications...

The Industrial gearbox Market is predicted to develop at a 4.34% CAGR between 2022- 2030, states the new Market Research Future (MRFR) analysis. An industrial gearbox, simply put, is a mechanical process for transferring power or energy between process units, machinery, and automation systems. It is placed at the junction of the power shaft and the motor. Various factors are propelling the...

The most recent virtual power plant concept has various definitions that agree upon the fact that the virtual power plant is an aggregation of distributed generation units of different technologies. This is required operate as a single power plant and has the ability to control the aggregated units and to manage the electrical energy flow between these units to obtain better operation of the...

As per the research by Market Research Future Reports (MRFR), the global instruments transformer market is estimated to value 64, 5149 Million by 2023 with a CAGR of 7.43% during the review period. The rising transmission & distribution infrastructure investments are likely to be the most significant factor in expanding the global transformer market 2020. The market is estimated to be a...

Wind turbine towers can be tubular, lattice structured or guyed pole towers. Concrete towers are most popular structures for wind projects. Turbine towers are made in sections and assembled on site. Increasing capacities of modern wind turbines have resulted in larger rotor diameters. This has necessitated higher towers. Taller towers are, increasingly, becoming popular as wind profiles are...

Market Research Future published a raw research report on the global UPS battery market that contains the information from 2020–2026.  The global UPS battery market is expected to grow at~10% CAGR during the forecast period, 2020–2026.Taste the market data and market information presented through more than 83 market data tables and figures spread in 140 numbers of pages of the...

Market Research Future (MRFR) projects the turbocompressor market 2020 to record considerable growth over the review period (between 2022 and 2030). We will provide COVID-19 impact analysis with the report. Leading Participants Leading participants in the turbocompressor market include Kawasaki Heavy Industries, Ltd., Gardner Denver, Inc., Ingersoll Rand, Hitachi Ltd., Sundyne Corporation,...

The global Power T&D equipment market is expected to progress with ~6.28% CAGR from 2021 to 2027. Power T&D equipment are devices used to control and regulate the T&D network. These can contribute to optimal power generation and support emissions reductions in several economic sectors, including residential and commercial. The major components of the T&D sector include circuit...

Lubricant is a fluid which is applied in between moving parts in order to reduce the friction, generated heat and wear & tear of machines. There are various functions of lubricants which are reducing the frictional resistance, reduces wear & tear and surface deformation, acts as a coolant, provides protection against corrosion, and improves the efficiency of the machine. There are...

The detailed report published by Market Research Future (MRFR) projects that the global waste to energy market is marked to exhibit significant growth during the assessment period of 2016-2023 Increased consumption of energy and complexities faced during waste management as result of  high rate of waste generation all over the world is generating demand for advanced technology that can...

Distributed generation is mostly run on renewable sources of energy, which reduces the dependency on conventional sources of energy for generating electrical power. Distributed generation system also supports the grid during peak hours. Additionally, the resouces are mostly located close to the load area, reducing losses during transmission. Wind energy is a major segment in this market and is...

The global circuit tracer market is expected to register a ~2% CAGR during the forecast period, 2021–2027. Circuit tracers or signal tracers are used to troubleshoot circuits. They are relatively simple electrical testing instruments that enable electricians and other users to trace,locate, and identify common electrical problems such as breakers, shorts, and open circuits. Some circuit...

Offshore wind energy farms are constructed offshore on continental shelf to harvest wind energy to generate electricity. As offshore winds are comparatively of higher current as compared to land winds, a higher amount of electricity can be generated through these installations. Offshore winds are steady and have faster speeds resulting in higher & reliable energy generation. The growth in...

Digital substation is a combination of switchgear, transformers, substation automation, monitoring & diagnostics and the standard process bus process, and acts as the backbone of smart grids. They even provide real time phasor measurement data, increasingly, required to control the power flow and keep the grid stable, despite the rapidly increasing share of intermittent renewable energy...

Brushless DC motors, also known as electronically commutated motors, are synchronous motors which are powered by a DC electric source. The working of brushless DC motors is based on the simple force interaction between the permanent magnet and the electromagnet. Unlike a brushed DC motor, the commutation of the BLDC motor is controlled electronically. The major advantages of the BLDC motor are...

In its research report, Market Research Future (MRFR, highlights that over the review period, the global air handling units market 2020 is projected to rise exponentially, securing a significant market valuation and a healthy CAGR. Drivers and Restraints Owing to industrialization and urbanization the market for the high voltage alternating current applications is growing. The demand for...

The global Wind tower Market is garnering tractions increasingly. The market growth attributes to the increased focus on sustainable energy resources led by the concerns over extensive reliance on fossil fuel. Besides, the rising pressure to adopt renewable energy sources that are environmentally viable and ensure long-term sustainability drives the growth of the market. Moreover, stringent...

Market Research Future (MRFR), in its latest report on the global Transformer monitoring system Market 2020, reveals that the expansion of the transformer monitoring system market can be at about 12.82% CAGR across the forecast period 2022 to 2030. MRFR data shows that the transformer monitoring system market can value at USD 7.91 Bn by 2030. , with a CAGR of 12.82% from 2022 to 2030. Increase...

According to MRFR, the Global Subsea Manifold Market 2020 is expected to expand at 4.85% CAGR during the forecast period. Drivers and Restraints The function of manifolds is to merg the flow from the multi-well system and move the flow to the flow lines of production and to control the delivery of injected water , gas and chemicals. Any field under development process for producing oil from the...

The global Pumped hydroelectricity storage turbines Market is expected to progress with ~5.01% CAGR from 2020 to 2027. Taste the market data and market information presented through more than 100 market data tables and figures spread in 150 numbers of pages of the project report. Avail of the in-depth table of content & market synopsis on “Global Pumped Hydroelectricity Storage...

Market Research Future (MRFR) asserts that the Hydraulic pumps Market 2020 can expect to touch USD 11.6 billion by 2030. The market’s estimated growth rate can be 6.01% from 2022 to 2030 (considered to be the appraisal period). We will provide COVID-19 impact analysis with the report, along with the developments post the coronavirus disease outbreak. Top Drivers and Main Deterrents...

Market Research Future aims to study and address potential market status for Global Gas Engines Market 2020 taken down during the ongoing COVID 19 outbreak. The study is all about how the market is responding globally to the COVID-19 pandemic—and the study reveals that the market would rise at a higher pace during the forecast period 2022–2030. Top Impacting Factors The expansion of...

Downhole cables are used extensively in the oil & gas industry as their unique construction of downhole cables allows them to be used in harsh environments. These cables are used mainly for data transmission. Generally, these cables find applications in oil wells, pipelines, and underwater areas where they are used to drive centrifugal pumps. The increasing exploration & production of...

The global solar panels market is expected to progress with ~12.63% CAGR from 2021 to 2027. Solar panels are described as an assembly of photovoltaic cells that are mounted in a framework for technology. A solar panel is a silicon-based layered semiconductor module that can produce electricity from sunlight. This photovoltaic effect is created by the flow of electrons inside the module, which...