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Fortune Business Insights™ connects over various markets & value chains to better understand the highly demanded insights, along with foreca
...sts of niche industries & their sizes. The firm delivers authentic reports to its clients to support them in enhancing their business decisions.The power industry includes the sale, distribution, transmission, and generation of electricity power to the populace. Back in 1882, when electricity was produced for electric lighting, the commercial distribution of power started gaining traction. The market has changed gradually because of the reform of the power industry in Wales and England that took place in 1990. Globalization and foreign purchases have also affected the market positively. For instance, between 1995 and 1997, seven of the twelve Regional Electric Companies in Wales and England were taken by prominent U.S.-based energy companies. Similarly, the U.K.’s national grid purchased numerous electric utilities in New England worth USD 3.2 billion. The market is set to grow rapidly in the near future backed by ongoing developments in transportation, industrial processes, and space conditioning. Besides, the deployment of off-shore wind farms and usage of fuel cells in space flights would aid growth.
Read MoreThe global smart meter market size was valued at USD 24.53 billion in 2018 and is projected to reach USD 65.28 billion by 2032, exhibiting a CAGR of 7.23% during the... Read More
May, 2024 | Base Year: 2018 | No Of Pages: 140
The global submersible pumps market size was valued at USD 12.95 billion in 2018 and is projected to reach USD 29.85 billion by 2032, exhibiting a CAGR of 6.21% duri... Read More
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The global heat recovery steam generator market size was valued at USD 0.88 billion in 2018 and is projected to reach USD 1.61 billion by 2032, exhibiting a CAGR of ... Read More
May, 2024 | Base Year: 2018 | No Of Pages: 160
The global smart meter market size was valued at USD 1.38 billion in 2018 and is projected to reach USD 5.35 billion by 2032, exhibiting a CAGR of 10.19% during the ... Read More
May, 2024 | Base Year: 2018 | No Of Pages: 120
The global portable generator market size was valued at USD 3.88 billion in 2018 and is projected to reach USD 8.31 billion by 2032, exhibiting a CAGR of 5.64% durin... Read More
May, 2024 | Base Year: 2018 | No Of Pages: 160
The global natural gas generator market size was valued at USD 4.8 billion in 2018 and is projected to reach USD 10.83 billion by 2032, exhibiting a CAGR of 6.01% du... Read More
May, 2024 | Base Year: 2018 | No Of Pages: 160
The global dc drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the for... Read More
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The global smart gas meter market size was valued at USD 6.76 billion in 2018 and is projected to reach USD 15.12 billion by 2032, exhibiting a CAGR of 5.94% during ... Read More
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The global inverter duty motor market size stood at USD 3.42 billion in 2018 and is projected to reach USD 12.62 billion by 2032, exhibiting a CAGR of 9.84% during t... Read More
May, 2024 | Base Year: 2018 | No Of Pages: 220
The global recloser market size was valued at USD 1.89 billion in 2018 and is projected to reach USD 4.16 billion by 2032, exhibiting a CAGR of 5.87% during the fore... Read More
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The global high voltage cables market size was valued at USD 31.89 billion in 2018 and is projected to reach USD 79.65 billion by 2032, exhibiting a CAGR of 6.77% du... Read More
May, 2024 | Base Year: 2018 | No Of Pages: 130
The global AC drives market size was valued at USD 10.39 billion in 2018 and is projected to reach USD 20.98 billion by 2032, exhibiting a CAGR of 5.15% during the f... Read More
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The global utility poles market size was valued at USD 34.06 billion in 2023. The market is projected to grow from USD 35.55 billion in 2024 to USD 52.95 billion by ... Read More
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The global STATCOM market size was valued at USD 643.66 million in 2023. The market is projected to grow from USD 677.32 million in 2024 to USD 1,096.05 million by 2... Read More
April, 2024 | Base Year: 2023 | No Of Pages: 221