Power Market Research Report
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 More-
Coal Bed Methane Market Size, Share & Industry Analysis, By Technology (Hydraulic Fracturing, Horizontal Drilling, and CO2 Sequestration), By End-User (Residential, Commercial, Industrial, Power Generation, and Transportation), and Regional Forecast, 2024-2032
The global coal bed methane market size was valued at USD 12.91 billion in 2023. It is projected to grow from USD 13.41 billion in 2024 and is projected to reach USD... Read More
Air Insulated Switchgear Market Size, Share & Industry Analysis, By Installation (Indoor and Outdoor), By Voltage (Low, Medium, and High), By End-User (Transmission & Distribution Utility, Industrial, and Commercial & Residential), and Regional Forecast, 2024-2032
The global air insulated switchgear market size was valued at USD 25.66 billion in 2023. The market is projected to grow from USD 27.26 billion in 2024 to USD 46.10 ... Read More
U.S. Utility Poles Market Size, Share & Industry Analysis, By Installation Type (New and Replacement), By Pole Size (Below 40ft, Between 40ft-70ft, and Above 70ft), By Material (Steel, Concrete, Composite, and Wood), By Application (Transmission Line, Distribution Line, Telecommunication Line, and Others), and Country Forecast, 2024-2032
The U.S. utility poles market size was valued at USD 7.18 billion in 2023. The market is projected to be worth USD 7.66 billion in 2024 and reach USD 11.93 billion b... Read More
Volt/VAR Management Market Size, Share & Industry Analysis, By Component (Hardware and Software & Services), By Application (Distribution, Transmission, and Generation), and Regional Forecasts, 2024-2032
The global Volt/VAR management market size was valued at USD 662.16 million in 2023. The market is projected to grow from USD 710.43 million in 2024 to USD 1,143.23 ... Read More
Patch Panels Market Size, Share & Industry Analysis, By Type (Cable Patch Panels, Fiber Optic Patch Panels, and Coaxial Patch Panels), By Application (Commercial, Residential, and Others), and Regional Forecasts, 2024-2032
The global patch panels market size was valued at USD 1.19 billion in 2023. The market is projected to grow from USD 1.28 billion in 2024 to USD 2.78 billion by 2032... Read More
KVM Switches Market Size, Share & Industry Analysis, By User-Type (Single-User and Multi-User), By Enterprise Size (Small & Medium-sized Enterprises and Large Enterprises), By End-User (IT & Telecom, BFSI, Government, Media & Entertainment, and Others), and Regional Forecast, 2024-2032
The global KVM switches market size was valued at USD 685.68 million in 2023. The market is projected to grow from USD 728.46 million in 2024 to USD 1,159.65 million... Read More
Voltage Regulator Market Size, Share & Industry Analysis, By Type (Linear and Switching), By Phase (Single Phase and Three Phase), By Technology (Analog and Digital), By End-User Industry (Consumer Electronics, Automotive, Industrial, Telecommunications, Healthcare, Aerospace and Defense, Energy and Power, and Others), and Regional Forecast, 2024-2032
The global voltage regulator market size was valued at USD 12.50 billion in 2023. The market is projected to grow from USD 13.53 billion in 2024 to USD 27.92 billion... Read More
Pellet Heating Stove Market Size, Share & Industry Analysis, By Type (Less than 9 KW, 9 KW – 12 KW, and Others), By Application (Residential, Commercial, and Industrial), and Regional Forecast, 2024-2032
The global pellet heating stove market size was valued at USD 646.90 million in 2023. The market is projected to grow from USD 688.44 million in 2024 to USD 1,061.75... Read More
Smart Grid Market Size, Share & Industry Analysis, By End-user (Utility, Industrial, Residential, and Commercial), By Component (Software, Hardware, and Services), and Regional Forecast, 2024-2032
The global smart grid market size was USD 40.61 billion in 2023. The market is projected to grow from USD 49.21 billion in 2024 to USD 203.92 billion by 2032 at a CA... Read More
Medium Voltage Drive Market Size, Share & Industry Analysis, By Drive (AC, DC, and Servo), By Power Range (< 1MW, 1MW to 3MW, 3MW to 7 MW, and > 7MW), By Application (Pumps, Conveyor, Compressor, Fan, Extruders, and Others), By End-User (Oil & Gas, Power Generation, Pulp & Paper, Mining & Metals, Marine, and Others), and Regional Forecast, 2024-2032
The global medium voltage drive market size was valued at USD 4.97 billion in 2023. The market is projected to grow from USD 5.21 billion in 2024 to USD 8.65 billion... Read More
Pressure Vessel Market Size, Share & Industry Analysis, By Vessel Type (Boilers, Reactors, Separators, and Others), By Construction Type (Type I, Type II, Type III, and Type IV), By Application (Storage and Processing), By End-User (Power, Oil & Gas, Chemicals & Petrochemicals, Fertilizers, and Others), and Regional Forecast, 2024-2032
The global pressure vessel market size was valued at USD 53.57 billion in 2023. The market is projected to grow from USD 55.74 billion in 2024 to USD 81.60... Read More
Energy Efficient Motor Market Size, Share & Industry Analysis, By Efficiency Level (IE1, IE2, IE3, and IE4), By Product Type (AC Motor and DC Motor), By Application (Pumps, Fans, Compressor, Refrigeration, Material Handling, Material Processing, and Others), By End-User (Residential, Commercial, Industrial, Agriculture, Transportation, and Others), and Regional Forecast, 2024-2032
The global energy efficient motor market size was valued at USD 48.25 billion in 2023. The market is projected to grow from USD 51.65 billion in 2024 to USD 84.72 bi... Read More
Multi-stage Steam Turbine (up to 5000kw) Market Size, Share & Industry Analysis, By Drive Type (Pump, Fan, and Compressor), By Application (Oil and Gas, Petrochemical, and Power Station), and Regional Forecast, 2024-2032
The global multi-stage steam turbine (up to 5000kW) market size was valued at USD 17.21 billion in 2023. The market is projected to grow from USD 18.16 billion in 20... Read More
Bench Power Supply Market Size, Share & Industry Analysis By Type (Linear and Switching), By Output (Single Channel and Multi-Channel), By Voltage (Unipolar and Bipolar), By Application (Laboratories, Education, Industries, and Others), and Regional Forecast, 2024-2032
The global bench power supply market size was valued at USD 624.66 million in 2023. The market is projected to grow from USD 661.68 million in 2024 to USD ... Read More
Hybrid Cable Market Size, Share & Industry Analysis, By Cable Type (Fiber Optics Cables, Coaxial Cables, Copper Cables, and Others), By Transmission (AC Power and DC Power), By Application (Onshore and Offshore), By End-User (Telecommunication, Power Transmission, Oil & Gas, Railways, Medical, and Others), and Regional Forecast, 2024-2032
The global hybrid cable market was valued at USD 7.47 billion in 2023. The market is projected to grow from USD 7.86 billion in 2024 to USD 12.69 billion b... Read More
Industries ExpertiseOur Clients
