Market Analysis  Modular Substation Market size is projected to be worth USD 26.85 Billion by 2027, registering a CAGR of 9.05% during the forecast period (2021 - 2027), The market was valued at USD 16.12 billion in 2020. Various factors are propelling the Modular Substation Market. According to the recent MRFR report, such factors include the growing modernization of electric...

Marine hybrid propulsion system market is expected to grow at USD 5.91 Billion, 9.26% CAGR during the forecast period. The strict emission standards in the ocean are expected to spur the progress of the Marine Hybrid Propulsion System Market. The mounting ship owner predilection for high fuel-efficient benefits is projected to encourage the marine hybrid propulsion system...

According to Market Research Future (MRFR), the global lighting contactor market is estimated to grow at 8.25% CAGR from 2018 to 2023 (forecast period). The study presents the strengths, opportunities, challenges, and future business risks and provides a systematic analysis of the global market climate with the effects of COVID-19. The lighting contactor is electrically as well as the...

Market Analysis  The industrial air compressor market will grow at a healthy 5.63% CAGR between the forecast period 2017- 2023, states the recent Market Research Future (MRFR) analysis. An air compressor market, simply put, is a device which converts power by using electric motors, gasoline or diesel engine and others into potential energy that is stored as pressurized...

According to Market Research Future (MRFR), the global hydraulic fracturing market is estimated to expand at a 14% CAGR from 2018 to 2023 (forecast period). The study addresses and examines the effect of the outbreak of COVID-19 on the global hydraulic fracturing market, including potential opportunities and challenges, drivers, and risks. The energy sector has seen the transition from...

Market Highlights High speed motor market was valued at 11,658.4 with CAGR of 4.25 from 2017 to 2023. The global High-speed motor market is expected to experience immense opportunities over the forecast period with the use of variable frequency drive. The motor system are responsible for more than 65% of energy consumption. To minimize power consumption, the motor...

Global Grid-Scale Battery Market Report Grid scale battery market is projected to have significant growth by 2023 with a CAGR of more than 32% during the forecast period. Market Overview The growing demands for energy-efficient equipment and energy storage have boosted the grid-scale battery market. It is primarily used for electricity storage on large scales. As the...

Market Research Future published a half-cooked research report on global Gear Motors market. The Gear Motors market is expected to expand at ~ 5.80% CAGR during the period 2018 to 2023. Market Highlights Gear Motor Market is a motor assembled with a set of speed gears. An electric motor and reduction gear are integrated into a single unit, which further can be collectively...

Market Overview Market Research Future (MRFR)’s latest study indicates that the ductless HVAC system market 2021 can progress at an approx. rate of 9.45% between 2018 and 2024 (appraisal period). We will provide covid-19 impact analysis with the report. The COVID-19 impact on the ductless HVAC system market has been carefully studied, following which the report outlines the key...

Market Highlights Distribution Feeder Automation Systems Market size is projected to reach USD 5.21 Billion by 2025, with 7.01% CAGR between 2019 and 2025.  Distribution feeder automation systems integrate automation in distribution feeder systems which enhances the functioning of such systems used by utilities. The distribution feeder automation systems provide real-time...