Power Generation

Power Generation

Power Generation

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Global Shunt Reactor Market - Forecasts from 2018 to 2023

Global shunt reactor market was valued at US$2.212 billion in 2017 and is projected to expand at a CAGR of 4.95% over the forecast period to grow to US$2.956 billion by 2023. A shunt reactor is a compact device which act as absorber of reactive power and in turn boosts the energy efficiency of the system. It is commonly..

Power Management IC Market - Forecasts from 2018 to 2023

The power management IC market was valued at US$28.515 billion in 2017 and is projected to expand at a CAGR of 6.84% over the forecast period to reach US$42.422 billion by 2023. Growing demand for battery-powered devices such as smartphones, wearable devices, tablets, and digital cameras among others is driving the glob..

Intelligent Lighting Control Market - Forecasts from 2018 to 2023

The intelligent lighting control market was valued at US$3.945 billion in 2017 and is projected to expand at a CAGR of 12.04% over the forecast period to reach US$7.803 billion by 2023. Intelligent lighting control system is a network based lighting control solution that incorporates communication between various system..

Solid State Transformer Market - Forecasts from 2018 to 2023

Solid State Transformer Market is projected to witness a compound annual growth rate of 32.09% to reach to total market value of US$487.474 million by 2022, from US$121.228 million in 2017. With an increase in the use of distributed energy sources, solid state transformer is increasingly finding application in smart grids f..

Solenoid Valve Market - Forecasts from 2018 to 2023

Solenoid Valve Market is projected to witness a compound annual growth rate of 4.11% to grow to US$5.309 billion by 2022, increasing from US$4.341 billion in 2017. Shift to renewable sources of power generation and increasing adoption of the solenoid valve in various process industries some of the key factors driving the gr..

Control Valve Market - Forecasts from 2018 to 2023

Control valve market was valued at US$10.649 billion in 2017 to reach US$15.466 billion by 2023 at a compound annual growth rate of 6.42% over the forecast period. Control valve helps to regulate the rate of flow of the fluid to control various process parameters such as pressure, fluid level, and temperature. These are..

Intelligent Flow Meters Market - Forecasts from 2018 to 2023

The intelligent flow meters market was valued at US$5.983 billion in 2017 and is projected to expand at a CAGR of 6.25% over the forecast period to reach US$8.610 million by 2023. Intelligent flow meters are used for the volumetric measurement of the fluid with high accuracy and precision. Ultrasonic flow meters are gaining..

UV LED Market - Forecasts from 2018 to 2023

UV LED market is expected to grow at a compound annual growth rate of 28.67% over the forecast period to reach a total market size of US$599.556 million from US$132.148 million in 2015. Demand of the UV LED across ink, adhesive and coating industries for the process of curing plays a significant role in the development of U..

Smart Glass Market - Forecasts from 2018 to 2023

The smart glass market is projected to grow at a CAGR of 15.46% to reach US$7.301 billion by 2023, from US$3.081 billion in 2017. Rising global adoption of green buildings and eco-friendly technologies is the major factor in driving the demand for these glasses. This growth is further fueled by financial support and tax..