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Tag: Power

Nigerian Petroleum Minister Timipre Sylva To Lead Nigerian Delegation To African Energy Week In Cape Town

Press Release
H.E. Chief Timipre Sylva, Minister of State for Petroleum of Nigeria, has confirmed his attendance at African Energy Week (AEW) 2021, on the back of several VIP confirmations.  Under the leadership of H.E. Minister Sylva, Sub-Saharan Africa’s leading oil producer is driving Africa’s energy future via large-scale gas development plans and progressive policy reform. H.E. Minister Sylva will lead a Nigerian delegation, including executives from the Nigerian National Petroleum Corporation. Read More>>

African Energy Week 2021, Taking Place in Cape Town: Will Focus on Investment, Oil and Gas, Renewables and Energy Transition.

Press Release
  The African Energy Chamber is set to host the first-ever African Energy Week (AEW) in Cape Town on 9th – 12th November 2021. Replacing Africa Oil Week, the four-day interactive conference seeks to unite industry stakeholders, international speakers and movers and shakers from the African oil and gas sector. The conference comprises high-class networking events, innovative exhibitions, and one-on-one private meetings, with a golf tournament on the final day,. Read More>>

Environmental Technology Market Size Anticipated to Reach $690.3 Billion by 2026

Press Release
According to the new market research report "Environmental Technology Market by Component (Solutions, Services), Technological Solutions (Waste Valorization, Greentech, Nuclear Energy, Bioremediation), Application, Vertical (Municipal, Industrial), and Region - Global Forecast to 2026", published by MarketsandMarkets™, the  Environmental Technology Market is estimated at USD 552.1 billion in 2021 and is projected to reach USD 690.3 billion by 2026, at a CAGR of 4.6% from 2021 to 2026. Increase in demand. Read More>>

Protective Relay Market Size to Grow $2.7 Billion by 2025

Press Release
The global Protective Relay Market is projected to reach USD 2.7 billion by 2025 from an estimated market size of USD 2.0 billion in 2020, at a CAGR of 5.7% during the forecast period. The global Protective Relay Market is set to witness significant growth owing to increased renewable capacity addition, substation automation, and replacement of older electromechanical relays with new and advanced microprocessor-based relays. The transformer segment is expected. Read More>>

Portable Power Station Market Projected to Reach $494 Million by 2026

Press Release
According to the new market research report "Portable Power Station Market by Power Source (Direct, Hybrid), Technology (Lithium-ion, Sealed lead-acid), Capacity (0–100, 100–200, 200–400, 400–1000, 1000–1500, ≥1500Wh), Sales Channel (Online, Offline), Application, Region - Global Forecast to 2026", published by MarketsandMarkets™, the global Portable Power Station Market size is expected to grow from an estimated USD 358 million in 2021 to USD 494 million by 2026, at a CAGR of. Read More>>

Power SCADA Market worth $2.5 Billion by 2026

Press Release
According to the new market research report "Power SCADA Market by Architecture (Hardware, Software, Services), Component (Remote Terminal Unit, Programmable Logic Controller, Human Machine Interface, Communication System Protection relays), End User and Region- Global Forecast to 2026", published by MarketsandMarkets™, the Power SCADA Market size will grow to USD 2.5 billion by 2026 (forecast year) from USD 1.7 billion in 2021 (estimated year), at a CAGR of 7.6% during the. Read More>>

High-Speed Engine Market to Grow at a Robust Pace through 2026 With Key Players Caterpillar, Cummins, Volvo Penta, and MAN SE.

Press Release
The global High-Speed Engine Market is projected to reach USD 27.1 billion by 2026 from an estimated USD 21.1 billion in 2021, at a CAGR of 5.1% from 2021 to 2026. Rising demand for reliable and uninterrupted power, growth in international marine freight transport, and growth in maritime tourism are the major drivers of the High-Speed Engine Markets. Increased demand for backup power solutions are expected to be the major. Read More>>

Utility Communication Market Worth $23.2 Billion by 2026

Press Release
According to the new market research report "Utility Communication Market  by Technology Type(Wired and Wireless), Utility Type, Component(Hardware and Software), Application (Oil & Gas Network, T&D), End User (Residential, Commercial, and Industrial) and Region- Global Forecast to 2026", published by MarketsandMarkets™, the Utility Communication Market  size is expected to grow from an estimated USD 18.7 billion in 2021 to USD 23.2 billion by 2026, at a CAGR of 4.4%, during. Read More>>

Energy as a Service Market Upcoming Trends by Worldwide Industry Growth, Statistics, and Opportunities to 2024

Press Release
The global Energy as a Service Market is projected to reach USD 86.9 billion by 2024 from an estimated USD 52.0 billion in 2019, at a CAGR of 10.8% from 2019 to 2024. The growth of energy as a service market is driven by the new revenue generating streams for utilities, increased distributed energy resources, decreasing cost of renewable power generation and storage solutions, and availability of federal and state tax benefits. Read More>>

Excitation Systems Market worth $3.4 Billion by 2026

Press Release
According to the new market research report "Excitation Systems Market by Type (Static and Brushless), Controller Type (Analog and Digital), Application (Synchronous Generators and Synchronous Motors), End User (Power Generation, Heavy Industries, and OEMs) and Region - Global Forecast to 2026", published by MarketsandMarkets™, the Excitation Systems Market is expected to grow from an estimated USD 2.7 billion in 2021 to USD 3.4 billion by 2026, at a CAGR of. Read More>>

Sequence of Events Recorder Market worth $31 Million by 2026

Press Release
According to the new market research report "Sequence of Events Recorder Market by Mount type (Rack mounted, Rail mounted), End user (Data Center, Power Generation, Manufacturing, Others (Hospitals, Laboratories, Petrochemicals, and Pharmaceutical industries)), Region- Global Forecast to 2026",published by MarketsandMarkets™,theSequence of Events Recorder Market size will grow to  USD 31 million by 2026 (forecast year) from USD 25 million in 2021 (estimated year), at a CAGR of 4.7% during the. Read More>>

Green Ammonia Market Projected to Reach $852 Million by 2030

Press Release
The global Green Ammonia Market is projected to reach USD 852 million by 2030 from an estimated USD 11 million in 2020, at a CAGR of 54.9% during the forecast period. The rising investments in green fuel and large scale green energy plans in Europe and North America, drives the green ammonia market in the region. Moreover, increasing adoption of electric vehicles leads to renewable energy deployment at large scale. Read More>>

Portable Power Station Market Size expected to grow $474 Million by 2025

Press Release
The global portable power station market size is expected to grow from an estimated USD 330 million in 2020 to USD 474 million by 2025, at a CAGR of 7.5% during 2020-2025. North America is expected to lead the portable power station market, followed by the Asia Pacific and Europe. The demand for portable power stations to ensure power supply during power outages, camping, and outdoor recreational activities in the. Read More>>

Shore Power Market to Witness Strong Growth Over 2020-2025 | Key Players are Siemens, Schneider Electric, Cavotec, Wartsila, Vinci Energies, ESL Power, etc.

Press Release
The global Shore Power Market is projected to reach USD 1.4 billion by 2025 from USD 1.1 billion in 2020, at a CAGR of 6.7%. The factors driving the growth for shore power include growing focus governments across the world on reducing air and noise pollution caused due to port activities and increasing sea trade and cruise-based tourism. Frequency converters enable the shore side shore power system to supply frequency. Read More>>

High-speed Engine Market Worth $27.1 Billion by 2026

Press Release
According to the new market research report "High-Speed Engine Market by Speed (1000-1500 rpm, 1500-1800 rpm, and Above 1800 rpm), Power Output (0.5-1 MW, 1-2 MW, 2-4 MW, and Above 4 MW), End User (Power Generation, Marine, Railway, Mining and Oil & Gas, and Others), & Region - Global Forecast to 2026", published by MarketsandMarkets™, the global High-Speed Engine Market is projected to reach USD 27.1 billion by 2026 from. Read More>>

Smart Meters Market Rising Demand and Tremendous Business Growth to 2025

Press Release
The global Smart Meters Market size is expected to grow from estimated revenue of USD 20.7 billion in 2020 to USD 28.6 billion by 2025, at a CAGR of 6.7%. Drivers of smart meters industry are government mandates and supportive policies for smart meters, real-time monitoring of utility systems and dynamic pricing, and the need for reduced blackouts and utility system failures across regions such as Asia Pacific, North America,. Read More>>

Smart Gas Meter Market Worth $2.5 Billion by 2026

Press Release
According to the new market research report "Smart Gas Meter Market by technology (AMR and AMI), Type (Smart Ultrasonic Gas Meter and Smart Diaphragm Gas Meter), Component (Hardware and Software), End User (Residential, Commercial, and Industrial), and Region - Global Forecast to 2026", published by MarketsandMarkets™, the Smart Gas Meter Market size is expected to grow from an estimated USD 2.0 billion in 2021 to USD 2.5 billion by 2026,. Read More>>

Residential Energy Management Market worth $4.1 Billion by 2025

Press Release
According to the new market research report "Residential Energy Management Market by Component (Hardware (RTU, Relays, LCS, DR devices, Control Devices, In-house Displays), Software(EMP, Energy Analytics, CEP); Communication Technology (Wired, Wireless); Application; Region - Global forecast to 2025", published by MarketsandMarkets™, the global Residential Energy Management Market size will grow to USD 4.1 billion by 2025 (forecast year) from USD 2.2 billion in 2020 (estimated year), at a CAGR of. Read More>>

Brushless DC Motor Market will Grow at a Robust Pace through 2025 With Key Players AMETEK, Allied Motion, Nidec Corporation, Johnson Electric, MinebeaMitsumi, etc.

Press Release
According to the new market research report "Brushless DC Motor Market by Type (Inner Rotor and Outer Rotor), End-users (Consumer Electronics, Manufacturing, Automotive, Medical Devices,and Others), Speed (<500 RPM, 501–2,000 RPM, 2,001–10,000, and >10,000 RPM), and Region - Global Forecast to 2025", published by MarketsandMarkets™, The global brushless DC Motor market size is projected to reach a size of USD 15.2 billion by 2025, at a CAGR of 9.5%, from. Read More>>

Power Supply Market expected to Grow $34.92 Billion by 2023

Press Release
According to the new market research report "Power Supply Market by Output Power, Product Type, Vertical (Lighting, Consumer Electronics, Telecommunications, Transportation, Food & Beverages, Medical & Healthcare, Military & Aerospace, Industrial), and Geography - Global Forecast to 2023", published by MarketsandMarkets™, the power supply market, the overall market is estimated to grow from USD 25.20 billion in 2018 to USD 34.92 billion by 2023, at a CAGR of 6.7% from. Read More>>

Energy Efficient Motor Market Projected to Reach $41.6 Billion by 2023

Press Release
According to the new market research report on the "Energy Efficient Motor Market by Efficiency Level (IE1, IE2, IE3, and IE4), Type, Application (HVAC, Fans, Pumps, Compressors, Refrigeration, Material Handling, and Material Processing), Vertical, and Geography - Global Forecast to 2023", the energy-efficient motor market is projected to reach USD 41.6 billion by 2023 from USD 30.3 billion in 2018, at a CAGR of 6.5% between 2018 and 2023. The. Read More>>

Surge Arrester Market worth $1.9 Billion by 2025

Press Release
According to the new market research report "Surge Arrester Market by Type (Polymeric, Porcelain), Voltage (Medium, High, Extra High), Class (Distribution, Intermediate, Station), End-User (Utilities, Industries, Transportation), Application and Region - Global Forecast to 2025", published by MarketsandMarkets™, the global Surge Arrester Market is projected to reach USD 1.9 billion by 2025 from an estimated USD 1.5 billion in 2020, at a CAGR of 4.9% during the forecast period. The. Read More>>

Circuit Breaker Market worth $7.7 Billion by 2025

Press Release
According to the new market research report "Circuit Breaker Market by Insulation Type (Vacuum, Air, Gas, & Oil), Voltage (Medium, High), Installation (Indoor, Outdoor), End-User (Transmission & Distribution Utilities, Power Generation, Renewables, & Railways) and Region- Global Forecast to 2025", published by MarketsandMarkets™, the global Circuit Breaker Market size is expected to grow from an estimated USD 5.7 billion in 2020 to USD 7.7 billion by 2025, at a CAGR. Read More>>

Synchronous Condenser Market worth $574.0 Million by 2025

Press Release
According to the new market research report "Synchronous Condenser Market  by Cooling Type (Hydrogen, Air, Water),Type (New & Refurbished), Starting Method (Static Frequency Converter, Pony Motor), End User (Electrical Utilities & Industries), Reactive Power Rating, and Region-Global Forecast to 2025 ", published by MarketsandMarkets™, the global Synchronous Condenser Market  is projected to reach USD 574.0 million by 2025 from an estimated USD 508.4 million in 2020, at a CAGR of. Read More>>

Vacuum Interrupter Market worth $3.1 Billion by 2025

Press Release
According to the new market research report "Vacuum Interrupter Market By Application (Circuit Breaker, Contactor, Recloser, Load Break Switch, & Tap Changer), End User (Oil & Gas, Mining, Utilities & Transportation), Rated Voltage And Region - Global Forecast To 2025", published by MarketsandMarkets™, the Vacuum Interrupter Market is projected to reach USD 3.1 billion by 2025 from an estimated USD 2.4 billion in 2020, at a CAGR of 5.1 %. Read More>>

Small Hydropower Market to grow $3.0 Billion by 2024

Press Release
The global small hydropower market is projected to reach USD 3.0 billion by 2024 from an estimated market size of USD 2.6 billion in 2019, at a CAGR of 2.4% during the forecast period. The global market is set to witness significant growth owing to the application of small hydropower projects for rural electrification, financial incentives and policy initiatives, and investments in hydropower projects in response to climate change. The. Read More>>

Gas-insulated Switchgear Market to be $26.5 Billion by 2025

Press Release
The global Gas-Insulated Switchgear Market is projected to grow from USD 16.9 billion in 2020 to USD 26.5 billion by 2025, at a CAGR of 9.5%. The factors driving market growth are the growing investments in renewable energy and government initiatives to reduce carbon emissions along with the expansion of electrical grids due to the growing industrialization and urbanization. A global increase in the demand for electricity is expected to. Read More>>

Electric Motor Market Worth $169.1 Billion by 2026

Press Release
According to the new market research report "Electric Motor Market by Type (AC,DC), Power Rating (<1KW, 1-2.2KW, 2.2-375 KW, >375KW), End User (Industrial, Commercial, Residential, Transportation, and Agriculture), Rotor Type, Output Power, and Region – Global Forecast to 2026",published by MarketsandMarkets™,the Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast. Read More>>

Shore Power Market to Record Steady Growth by 2025

Press Release
The global Shore Power Market is projected to reach USD 1.4 billion by 2025 from USD 1.1 billion in 2020, at a CAGR of 6.7%. The factors driving the growth for shore power include growing focus governments across the world on reducing air and noise pollution caused due to port activities and increasing sea trade and cruise-based tourism. Shoreside installation segment is expected to be the largest segment of Shore. Read More>>

Protective Relay Market to Witness Huge Growth Opportunity During 2020-2025

Press Release
The global Protective Relay Market is projected to reach USD 2.7 billion by 2025 from an estimated market size of USD 2.0 billion in 2020, at a CAGR of 5.7% during the forecast period. The global Protective Relay Market is set to witness significant growth owing to increased renewable capacity addition, substation automation, and replacement of older electromechanical relays with new and advanced microprocessor-based relays. The transformer segment is expected. Read More>>

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