Allied Market Research recently published a report, “Power Transformer Market by Rating [Low (5 MVA to 100 MVA), medium (100 MVA to 500 MVA), and high (500 and above)]: Global Opportunity Analysis and Industry Forecast, 2020–2027“. According to the report, the global power transformer market was pegged at $27.7 billion in 2019, and is projected to reach $50.8 billion by …
Category Archives: Energy and Power
Wind Energy Market Steady Expansion and Comprehensive Growth By 2027
According to the report published by Allied Market Research, the global wind energy market garnered $62.1 billion in 2019, and is projected to reach $127.2 billion by 2027, manifesting a CAGR of 9.3% from 2020 to 2027. The report offers an extensive analysis of changing market trends, key segments, top investment pockets, value chain, competitive …
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Voltage Transformer Market Growth Analysis and Future Opportunities by 2030
Government Focus toward Rural Electrification Drives Transformer Industry’s Growth Stringent government policies toward rural electrification along with growing concern toward minimizing power theft is expected to foster the closed voltage transformer market share. Increase in applicability of these units across low & medium power grid networks coupled with the rise in digital transformation of power …
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LPG Vaporizer Market Analysis and Demand with Forecast Overview To 2030
The rise in requirement of high-pressure vaporization of the gas for various applications drives the growth of the LPG vaporizer market. Supporting government norms to use alternate fuel sources for reducing emission, higher fuel conversion efficiency, and lower operating costs are some of the major factors that contribute to the growth of the LPG vaporizer …
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Oil and Gas Pumps Market Size |Growth Analysis and Forecast To 2030
The continued increase in the demand for oil owing to the increasing population and industrialization has fostered the growth in demand for the pumps for various applications in the oil & gas industry. The dynamic pumps are widely used in the oil & gas sector and centrifugal pumps dominates the oil and gas pumps market. …
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Home Standby Generator Market High Trend Opportunities Offers Future Business Growth by 2030
Growing intensity and frequency of prolonged power disruptions on account of grid inadequacy, deteriorating weather conditions, degrading resilience of the T&D infrastructure accompanied by an invariable demand for uninterrupted power supply are expected to stimulate the global home standby generator market growth. In addition, growing significance of uptime & reliable power supply to consistently operate …
Energy Recovery Ventilator Market Estimated to Observe Significant Growth by 2030
Increase in Construction of Green Buildings to Accelerate Market Growth The rise in trends towards the construction of green buildings aid the market growth. This is owing to the rise in awareness of occupants for health, stringent government norms, standards for energy consumption, and the rise in hazardous emissions. The building owners are now tending …
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Gas Insulated Transformer Market Latest Advancements and Business Opportunities by 2030
Gas Insulated Transformer Market in Asia-Pacific Expected to Grow Owing to Rise in Population and Industrialization Process Countries such as China, Japan, and India are actively investing in their grid expansion projects to increase the reliability of transmission and distribution grids. Asia-Pacific is the most populated region in the world and consequently witness’s high demand …
Recycled Base Oil Market Growth Analysis and Industry Forecast by 2030
Increasing Awareness about Global Carbon Emission Adopting Strategies to Reduce it Recycled base oil is eco-friendly. It generates lower carbon emissions than virgin base oil. The process of production of virgin base oil is energy intensive. It generates higher emissions of carbon. The rise in focus on sustainability of the environment across the globe provides …
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Heavy Duty Vehicle Market By Fuel (Diesel, Natural Gas, Hybrid Electric, Gasoline)Forecast, 2021–2027
Heavy dutyvehicle is a commercially used vehicle that relies on different techniques that enable it to sense the surroundings and to navigate while functioning with human input. Moreover, increase in requirements for new infrastructure has enhanced the demand for such construction vehicles. In addition, the rise in demand for heavy-duty vehicles is expected to boost …