Market Highlights The global market for grid connected PV systems is expected to grow at a ~15% CAGR during the forecast period, 2020–2026. Grid connected PV systems market are used to generate electricity by utilizing the solar energy and feeds the electricity back into the main electricity grid network. Global Grid connected PV systems Market, 2020–2026 In 2019,...

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 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...

Market Scope The off-grid solar market size is anticipated to grow at 12.50 % CAGR during the forecast period. It is expected to witness substantial growth during the forecast period owing to efforts to minimization of carbon footprint and low electricity costs. The transition towards clean energy is expected to drive the installation of solar panels and establishment of solar power plants....

Market Synopsis Portable solar charger market size is projected to reach USD 430.35 million by 2025 from an estimated USD 2,024.2 million, with 18% CAGR from 2020 to 2027.    The most important growth factors of the global portable solar charger market 2020 comprise of increase in the adoption of smart and portable solar equipment. The global portable solar charger market is...

Market Analysis The global power boilers market is predicted to grow at a healthy 4% CAGR between 2016- 2022, states the recent Market Research Future (MRFR) analysis. A power boiler, simply put, is a device that is used for generating steam by applying heat energy to water. The steam produced is in great demand across various industrial processes. Circulation fluidized bed, pulverized fuel,...

Market Research Future published a raw research report on the global solar battery market that contains the information from 2020–2027  The global solar battery market is expected to register a 14.2% CAGR during the forecast period, 2021–2027. Solar batteries are an integral part of the solar system. These systems can be used for both gridsand standalone...

Temporary Power Global Market – Overview The global Temporary Power Market is a very dynamic market and is expected to witness high growth over the forecast period. The increased application of temporary power across various sectors is majorly influenced by the growing demand for uninterrupted & reliable power supply. Also, the increasing number of power outages and power...

Market Scenario Transformers cover a very diverse subject area that encompasses both, small and very large components. Transformers can be segmented on the basis of type as distribution transformer, power transformer and others, which includes instrument transformer. Transformer systems have been governing the renewable and non-renewable energy markets in recent years owing to its...

Market Highlights AC drives are used to control the speed of an electric motor that are used in electrical products. The speed of the motor is controlled by changing the frequency of the electricity passing through the motor. The AC drives are commonly used in industries, such as oil & gas, power generation, food & beverage, metals & mining, and others. The major...