According to Market Research Future (MRFR), the global gas insulated switchgear market is projected to grow at 8.77% CAGR from 2016 to 2023 (forecast period). The report provides an informative and in-depth analysis of the effect of the COVID-19 pandemic on the global gas insulated switchgear market. Gas Insulated Switchgear (GIS) is critical equipment in an electrical substation. It is a metal...

Market Highlights Gas genset market is expected to grow at ~5.00 % CAGR during the forecast period.   Genset refers to engine and alternator/generator. For instance, gas genset market consists of gas engine, alternator/generator, fuel day tank, basecamp, cooling system, and an enclosure. Engine converts the chemical energy into mechanical energy and this energy is used to...

Market Overview : Lubricants Market Value was estimated at USD 125.81 billion during the forecast period that ended in 2019. Owing to the market trends and the changing dynamics, the market is expected to grow at a CAGR of 2.5% during the ongoing forecast period of 2021-2028. Lubricants are capable of decreasing heat, wear, and friction when introduced as a film between sold surfaces....

The global power transformer market is touted to experience a stellar 8.64% CAGR during the assessment period, as per the analysis of MRFR. Power transformers are a reliable source of energy backup for power and utility sectors. It can contribute to the reduction of energy emissions in several sectors and handle energy loads to support the use of generators and grids. Power transformers are...

Market Highlights Global Market for Captive Power Generation Market is expected to grow at 5.21% CAGR during the forecast period, 2020–2026. Captive power generation is the power generation unit that has been set up by an industry or individual for its personal consumption. This might comprise a power generation unit or plant set up by a cooperative society or an association of...

The global solar PV tracker market is expected to exhibit a solid 18.51% CAGR over the forecast period till 2027, according to the latest research report from Market Research Future (MRFR). The global solar PV tracker market is studied in great detail in the latest report from Market Research Future (MRFR), which includes a detailed analysis of the market’s historical growth...

Market Highlights Distributed Energy Resource management market is expected to grow at  USD 1,026.4 Million  15.78% CAGR during the forecast period. Distributed energy resource (DER) management is the management of the distribution grid, which is integrated with DERs. To tackle the current challenges related to the distribution grid, electric utilities need new sets of tools...

Heat pump market is expected to grow at USD 118.4 Billion 11.37% CAGR during the forecast period. Market Highlights Heat pumps market are designed to transfer heat from one place to another, with the help of electricity.  Refrigerators and air conditioners are the two examples with heat pump technology. Advantages of heat pump include, less use of electricity, most...

Market Research Future published a half-cooked research report on global heat meter market. The heat meter market is expected to expand at 7.25% CAGR during the period 2018 to 2023. Market Highlights: Heat Meter Market is a device which measures the consumed or transmitted heat energy. The major component of heat meter consist of flow meter, heat carrier input and output temperature...

According to Market Research Future (MRFR), the global excitation system market size is projected to reach USD 3.30 billion, with a 3.24% CAGR between 2019 and 2025 (forecast period). The study report summarizes the impact of COVID-19 on current/future market situations. The report outlines some of the crucial market factors that will influence the growth of this sector, such as...