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...

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 Highlights Global Horizontal Pumping Systems (HPS) Market is projected to grow at a high rate during the study period due to the rise in oil and gas exploration and production (E&P) and the increasing use of horizontal pumping systems in industrial applications. Moreover, the rising adoption of horizontal pumping systems in developing countries is expected to present a...

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 Highlights Offshore pipeline market was valued at $11.97 billion and is expected to reach $15.11 billion with an estimated CAGR of 3.1% as per the forecast period. Offshore pipelines Market are either below the seabed or inside a trench placed on the seabed. They are connected to the land with the help of a process platform or a wellhead. Such pipelines are used to transfer oil...

Industry Insight A report on the global medium voltage cables market 2020 has hit stands after a sudden strike of novel coronavirus globally. This study by Market Research Future is based on different aspects of growth rate, revenue, leading players, regions, and forecast. The study reveals that the overall market would inflate rapidly at a pace of 6%, which is growth rate post the...

Market Highlights The global field-erected cooling tower market is estimated to grow at ~ 4.5% CAGR during the forecast period. The field-erected cooling tower is primarily designed for its broader application in the greater capacity heat emission systems, such as steel processing plants, power plants, and petrochemical plants. Field-erected cooling towers are bigger in size as...

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...

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...