Search results for: 'prepare market'

A non-renewable inverter is an electronic device which converts low-voltage direct current (DC) to high-voltage alternate current (AC), making it usable by daily appliances powered by a non-renewable power source. Increasing demand for power in all end-user segments, combined with the unreliable and ageing grid infrastructure, creates a demand for ...

The global market for solar services is forecast to increase from $8.13 billion in 2017 to $14.48 billion by 2025, driven by an aging asset base, as well as new installations. Solar growth remains strong across most regions, although the market has declined in China, due to change in regulations, which will mean lower installations in 2018 than in ...

The European UPS industry has a highly competitive landscape where one of the key challenges for a UPS manufacturer is to differentiate itself from its competitors. It is important for a manufacturer to keep up with new technologies and industry trends and come up with UPS solutions that cater to the growing needs of businesses. The power demand ha...

The GCC region offers vast scope for the growth of the market for diesel gensets in the 15-2000 KVA range. The ongoing demand-supply mismatch in the power sector is considered to be the key driver for future growth. The market is expected to witness single-digit growth in the near future. With rising demand-supply gap and increase in per capita ene...

13 Jun 2017  |  Europe  |  Market Research

Turkish Generator Sets Market, Forecast to 2021

The Industry is Set to Continue its Growth Despite the Tough Market Conditions

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The Turkish genset market shrank because of challenging market conditions, the generator set market is expected to recover 2017 onward taking advantage of its strategic position as an import-export hub. Despite the market's settled structure, fierce competition and price-oriented approach combined with macro-economic factors have put pressure on th...

The global microgrids market revenue is forecast to increase from $3.37 billion in 2022 to $8.00 billion in 2030. While North America is projected to remain the largest regional market over the forecast period, the Asian region is expected to outpace its growth. With a largely secure grid infrastructure, the European Union has limited microgrid dev...

The transfer switch (TS) is an electrical device that allows smooth and reliable transfer of electrical power between the primary utility and a secondary or backup power source, allowing critical loads to continue running with minimal or no outage. Continued growth in power demand from industrial, commercial and residential sectors coupled with pow...

19 Nov 2018  |  Global  |  Market Research

Global Nuclear Power Market, Forecast to 2030

Capacity Additions in Developing Nations Hold the Key to Market Growth

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Nuclear power will continue to play an important role in the energy mix, despite the rise of renewable energy. By 2030, it will continue to account for 7% of the global electricity generated, and in 15–20 countries, it will be a primary source of electricity. The fastest growth is expected in Asia, as nations there are expected to move towards nucl...

13 Feb 2020  |  South Asia, Middle East & North Africa  |  Market Research

Indian Low-voltage Switchgear Market, Forecast to 2023

Investment into Infrastructure, Real Estate and Renewable Energy to Drive the Market

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This research service examines the India Low-voltage (LV) switchgear market, using the calendar year 2018 as a base year, and insights from manufacturers, channel partners, and end users to identify drivers and restraints for the market until 2023. At the overall level, the market is segmented by product, region, end users and competition. The stud...