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The HV switchgear industry is recording strong growth, driven by a combination of grid upgrades, renewable energy penetration, urbanization, decarbonization, and grid-scale renewable integration. Growth is concentrated in the utility sector, with most investment coming from power generation and T&D operators who are looking to upgrade older systems...

Europe is entering a period of moderate but increasingly strategic growth as governments, businesses, and investors navigate geopolitical uncertainty, evolving trade dynamics, energy transition priorities, and rapid technological advancement. While structural challenges, including demographic pressures, productivity gaps, and trade fragmentation pe...

08 Jul 2022  |  North America  |  Market Research

Global Transformer Growth Opportunities

Greater Grid Resiliency, Increased Grid Intelligence, and Security of Supply— All Key Drivers of Future Growth

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Rising electricity demand complemented by sustained scaling up of renewable energy worldwide will boost investments in power transmission and distribution (T&D) infrastructure and grid assets, including transformers. The global transformer market revenue is expected to reach $64.24 billion in 2030; a market rebound is expected from 2022 onward. Tho...

The industrial sector accounts for 20% or more of global emissions and is working toward achieving global climate targets set in the 2015 Paris Agreement. The study analyzes solutions that modern manufacturers can adopt to reduce process emissions significantly without compromising on the manufacturing activities. Government and technology play a v...

The demand for thin films has been immense because of the miniaturization trend. Developers of semiconductors and energy storage devices have been experimenting with atomic layer deposition technology for mass deployment, recognizing the shift from testing the product for specific application requirements to scaling the technology according to grow...

This report focuses on the United States naval unmanned surface and underwater vehicle market activities and opportunities. It outlines the US Navy’s efforts to introduce naval unmanned vehicles into its operational posture. Unmanned surface and underwater vehicles are expected to give the Navy more operational flexibility and reduce the cost of ex...

As governments around the world try to reduce carbon emissions by an unprecedent amount with electric vehicles as a focus of incentives, the reality is that millions fossil fuel-powered cars will remain on the road for decades to come. With this in mind, automotive and energy companies are considering whether an investment in electrofuel production...

The Sensor Technology Opportunity Engine provides profiles of innovations related to Current Sensors, Radar Sensors, Ultrasonic Sensors, AI Sensors, Smart Water Sensors and Image Sensors.Sensor Technology Opportunity Engine (TOE) captures global sensor-related innovations and developments on a monthly basis. Innovations are directed toward developi...

Mining chemicals play a pivotal role in enabling efficient, cost-effective, and environmentally sustainable mineral processing. As ore grades decline and environmental regulations tighten, the reliance on chemical solutions to maximize recovery, reduce energy consumption, and lower tailings volumes has grown significantly. This study offers a strat...