The global recloser control market is expected to grow at a CAGR of 6.22%, from 2017 to 2022, to reach a market size of USD 1.52 billion by 2022. The increasing demand for electric power worldwide, rapid industrialization, and increased investment in automated power equipment …
The hazard control market is expected to grow at a CAGR of 5.83%, from 2017 to 2022, to reach a market size of USD 1.63 billion by 2022. The stringent norms for industrial safety, development of unconventional hydrocarbon resources, growing environmental concerns, and growing concern …
The variable rate technology market is projected to reach a value of USD 2.24 billion by 2022, at a CAGR of 9.65% from 2017. Government initiatives such as incentives and guidance at various levels to increase food production with limited resources such as land, fertilizer, …
The gas insulated transformer market is projected to grow from an estimated USD 2.75 billion in 2018 to USD 3.45 billion by 2023, at a CAGR of 4.61%. Factors such as space constraints in densely populated urban areas, no risk of oil leakage, and government …
The PDC drill bits market is estimated to grow at a CAGR of 4.41% from 2018 to 2023, to reach a projected market size of USD 4.54 billion by 2023. This growth can be attributed to the increasing demand for production & exploration activities in …
The global bag filter market is projected to reach USD 10.2 billion by 2023 from an estimated USD 7.8 billion in 2018, at a CAGR of 5.54%. This growth can be attributed to factors such as growth in the cement and mining industry, requirement of …
The global power plant control system market is projected to reach USD 6.22 billion by 2022, growing at a CAGR of 5.78%, from an estimated USD 4.70 billion in 2017. The growth of the power plant control system market is majorly driven by the increase …
The electrical SCADA market is expected to grow at a CAGR of 7.48%, from 2017 to 2022, to reach a projected market size of USD 3.29 billion by 2022. This growth is mainly attributed to the increasing investments in electrical networks and government initiatives toward …
The power quality equipment market is expected to grow at a CAGR of 6.56%, from 2017 to 2022, to reach a market size of USD 40.85 billion by 2022. Non-uniform power quality and network reliability issues, rise in alternative energy programs, and power quality standardization …
The global paralleling switchgear market is estimated to grow at a CAGR of 5.82% from 2018 to 2023, to reach a market size of USD 1.55 billion by 2023. The increase in distributed generation, ageing and overburdening of power grids, and investment in industrial sectors …
The global tension control market is expected to grow at a CAGR of 4.65%, from 2017 to 2022, to reach a market size of USD 1,118.8 million by 2022. The increasing demand for automated tension control and the rising transition toward flexible printing & packaging …
The drilling tools market is expected to grow at a CAGR of 4.75%, from 2017 to 2022, to reach a market size of USD 8.61 billion by 2022. Increase in drilling activities and development of unconventional hydrocarbon resources along with rising energy demand from Asia …
The global busbar protection market is expected to grow at a CAGR of 6.10%, from 2018 to 2023, to reach a market size of USD 4.31 billion by 2023. The addition of new transmission & distribution line along with the refurbishment of the old transmission …
The global centrifugal pump market is expected to grow at a CAGR of 3.83%, from 2017 to 2022, to reach a market size of USD 36.98 billion by 2022. The increasing demand for wastewater treatment and desalination, continuing investments in infrastructure development, and rapid industrialization …