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Residential Energy Storage Market - Forecasts from 2019 to 2024

Solar Battery Storage is a very old practice. Initially, the cost of installation was very high. Then Tesla introduced the Powerwall Energy storage system which offered a 10-year warranty and lesser price which forced other companies to give similar offers, boosting the market for the residential storage market.Residential energy storage is a renewable form of energy which is generated through an eco-friendly process. The cost of generating power is also very low except for the initial instal Read more...

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Battery Monitoring Market - Forecasts from 2019 to 2024

The battery monitoring market is projected to witness a CAGR of 27.20% to reach US$8,053.489 million by 2024, from US$1,901.168 million in 2018. Battery monitoring refers to the system which manages the battery through monitoring its state, calculating data and controlling its environment. Rising focus on electric vehicles is one of the major drivers of the battery monitoring system market. Favorable government initiatives to support the renewable energy sector while reducing air pollution is dr Read more...

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Automatic Power Factor Controller Market - Forecasts from 2019 to 2024

The automatic power factor controller market is projected to grow at a CAGR of 5.15% to reach US$5.101 billion by 2024, from US$3.773 billion in 2018. The growing global focus on optimizing energy consumption is resulting in the growth of the automatic power factor market on account of its ability to significantly reduce energy loss. Moreover, since it tends to manage electricity more efficiently, it tends to increase the durability of an electrical equipment, which is further boosting the growt Read more...

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Microgrid as a Service (MaaS) Market - Forecasts from 2019 to 2024

The microgrid as a service (MaaS) market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. The growing construction of data centers driven by the increasing penetration of digital economy while, simultaneously, growing number of urban center sand connected machines have increasingly pushed the demands on the aging power grid structures. This is leading to the increasing construction of microgirds to relatively reduce the load from the Read more...

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Global Self Healing Grid Market - Forecasts from 2018 to 2023

The global Self Healing Grid market is valued at US$XX.XX million in 2017 and is projected to reach US$XX.XX million in 2023 exhibiting a CAGR of XX.XX% during the forecast span. Distribution and transmission systems are growing complex due to the integration of conventional power sources such as thermal power and non-conventional power sources including solar, wind, and hydro among others. Self healing grids are essential and are in demand owing to higher reliability, stability, and efficiency. Read more...

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Power and Control Cable Market - Forecasts from 2018 to 2023

The global power and control cable market is predicted to witness a compound annual growth rate of 7.92% during the forecast period to reach a total market size of US$150.064 billion by 2023, increasing from US$94.987 billion in 2017.The growth of power and control cable market is driven by rise in initiatives taken by government authorities in various countries to strengthen the transmission and distribution network to cater the growing electricity demand. Various factors such as electricity gr Read more...

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Semi Flexible Cable Market - Forecasts from 2018 to 2023

The Semi-Flexible Cable market is projected to witness a compound annual growth rate of XX.XX% during the forecast period to reach a total market size of US$XX.XX billion by 2023, increasing from US$XX.XX billion in 2017. The semi flexible cables are flexible alternative to semi rigid cables which facilitates cables to become flexed.  Though as compared to semi rigid cables, the semi flexible cables have slight inferior performance but on the other side, such cables can be used in standard Read more...

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Stepper Motors Market - Forecasts from 2018 to 2023

Stepper Motors Market – Forecasts from 2018 to 2023 report comprehensively analyzes the Stepper Motors industry over the next 6 years. The report takes industry experts views into account while presenting the 360° view of market detailing market forecast, trends, and opportunities over the period 2017 to 2022. The report analyzes various factors driving and restraining the market, opportunities which exist in the current economic scenario, porter’s five forces analysis, industry value chain Read more...

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Microgrid Market - Forecasts from 2018 to 2023

Microgrid Market is projected to witness a compound annual growth rate of 14.21% to reach a total market size of US$27.897 billion in 2022 from US$14.354 billion in 2017. A microgrid is a localized grouping of electricity sources and loads, for secure and reliable power supply. Government support to increase integration and use of renewable energy sources and declining prices of photovoltaic material are some of the major growth factors of this market. Advantages like lesser transmission loss, e Read more...

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