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Electrical Equipment

The electrical equipment industry has diverse prospects across the globe. It varies according to the size and number of operational areas, network characteristics, the number of customers, and the ownership structure. Models utilized to review the tariffs and revenues reflect this diversity and provide a scope for effective comparison. Despite the diversity, Distribution System Operators (DSOs) and Transmission System Operators (TSO’s) generally impart a high quality and reliability of supply to their customers. However, the operators have been facing challenges of integrating rising variable & decentralized generation share and a new load including electric vehicles into the networks. There are ongoing investments toward distribution networks including smart meters and smart grids to sustain these challenges and replace the aging infrastructure while maintaining the quality of service.

The provision of affordable uninterrupted electricity has been a major thrust area for the regulators, which clearly drives the reforms and policies undertaken. The major concern about coal availability has now shifted the regulatory and industrial focus toward the transmission and distribution sector. Furthermore, efforts to enhance energy efficiency coupled with the increasing electrical losses have seeded the demand for capacity expansion and technological enhancements. Manufacturers across the globe through extensive R&D activities and inorganic strategic implications have been strengthening their market presence.

Drivers:

  • The electric infrastructure is aging and is being compelled to enhance operations than it was originally designed to do. The modernization of the grid networks to make them “smarter” and furthermore resilient through the integration of innovative equipment, technologies, and controls drives the overall electrical equipment industry.
  • Ongoing programs related to the modernization of the power grid including grid energy storage; smart grid development, and research and advanced technologies.
  • Regional efforts to deploy the advanced tools, technologies, and techniques for the resilient, affordable, efficient, and reliable delivery of electricity
  • Rising public and private investments toward the expansion and upgrading of grid infrastructure with an aim to establish a reliable and affordable electric supply network.
  • Regulatory inclination towards the integration of renewable technologies and grid modernization.

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  •    Water Heaters

Published: April 2024   

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Published: March 2024   

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Published: February 2024   

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Published: January 2024   

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Published: January 2024   

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Published: January 2024   

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Published: October 2023   

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Published: October 2023   

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Published: September 2023   

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Published: August 2023   

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Published: August 2023   

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Published: August 2023   

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Published: July 2023   

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Published: July 2023   

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Published: July 2023   

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Published: July 2023   

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Published: July 2023   

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Published: July 2023   

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Published: July 2023   

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Published: July 2023   

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Published: July 2023   

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Published: July 2023   

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Published: July 2023   

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Published: July 2023   

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Published: July 2023   

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Published: July 2023   

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Published: July 2023   

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Published: July 2023   

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U.S. Variable Frequency Drives Market size was valued at USD 3.2 billion in 2023 and is anticipated to grow at over 3.4% CAGR from 2024 to 2032....

Published: July 2023   

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Micro Gas Turbine Market size was valued at USD 107.8 million in 2023 and is anticipated to expand at 7.5% CAGR from 2024 to 2032....

Published: July 2023   

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Published: June 2023   

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Published: June 2023   

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Published: June 2023   

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Published: June 2023   

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Published: June 2023   

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Published: June 2023   

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Published: June 2023   

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Published: June 2023   

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Published: June 2023   

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Published: June 2023   

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Published: June 2023   

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Published: June 2023   

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Transformer Oil Market size was valued at USD 2.9 billion in 2023 and is set to grow at over 6.7% CAGR from 2024 to 2032. ...

Published: June 2023   

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Published: May 2023   

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Recloser Market size surpassed USD 2.1 billion in 2023 and is anticipated to grow at 6.1% from 2024 to 2032....

Published: May 2023   

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Busbar Trunking Systems Market size surpassed USD 2.6 billion in 2023 and is anticipated to register 10.3% CAGR from 2024 to 2032....

Published: May 2023   

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Stationary Catalytic Systems Market size exceeded USD 5.6 billion in 2023 and is set to witness 5.2% CAGR from 2024 to 2032...

Published: May 2023   

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Published: May 2023   

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Published: May 2023   

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Published: May 2023   

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Published: May 2023   

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Published: May 2023   

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Sludge Dewatering Equipment Market size valued at USD 4.9 billion in 2023 and is set to grow at a rate 9.6% CAGR between 2024 and 2032. ...

Published: May 2023   

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Middle East Distribution Transformer Market size valued at USD 1.6 billion in 2022 and is anticipated to witness 7% CAGR between 2023 and 2032. ...

Published: May 2023   

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North America Switchgear Market size valued at USD 23.4 billion in 2022 and is anticipated to expand at 6.4% CAGR from 2023 to 2032. The ...

Published: May 2023   

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Published: May 2023   

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Industrial Emission Control Systems Market size surpassed USD 40.3 billion in 2023 and is anticipated grow at 6.1% CAGR from 2024 to 2032....

Published: May 2023   

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Ultrasonic Heat Meters Market size was valued at 2.35 billion in 2023 and will grow at over 4.6% CAGR from 2024 to 2032....

Published: May 2023   

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Published: May 2023   

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Published: May 2023   

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AMI Electric Meter Market size was valued at USD 17.4 billion and is expected to witness over 7.6% CAGR from 2023 to 2032. ...

Published: May 2023   

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Published: April 2023   

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Power Distribution Component Market size surpassed USD 200 billion in 2022 and is anticipated to expand at 8% CAGR from 2023 to 2032. ...

Published: April 2023   

Circuit Breaker Market1685 Pages

Circuit Breaker Market size surpassed USD 20.6 billion in 2023 and is anticipated to grow at 9.6% CAGR from 2024 to 2032, driven by the integration of sustainable energy infrastructure....

Published: April 2023   

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Capacitor Bank Market size surpassed USD 3 billion in 2023 and is anticipated to register growth at 4% CAGR from 2024 to 2032...

Published: March 2023   

HVDC Converters Market230 Pages

HVDC Converters Market size surpassed USD 4.5 billion in 2023 and is anticipated to register 22.7% CAGR from 2024 to 2032, on account of the mounting expenditure on grid infrastructure modernization projects....

Published: March 2023   

UPS Market350 Pages

UPS Market size value surpassed USD 10 billion in 2022 and is anticipated to observe over 5% CAGR from 2023 to 2032. ...

Published: March 2023   

Wind Turbine Market720 Pages

Wind Turbine Market size valued at USD 141.4 million in 2023 and is projected to expand at more than 8.2% CAGR from 2024 to 2032....

Published: March 2023   

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Power Rental Market size surpassed USD 16.9 billion in 2023 and is anticipated to register 4.3% CAGR from 2024 to 2032....

Published: February 2023   

Flue Gas Desulfurization System Market200 Pages

Flue Gas Desulfurization System Market size reached USD 20.8 billion in 2023 and is projected to expand at more than 6.5% CAGR from 2024 to 2032, backed by soaring concerns regarding worker health in the manufacturing industry....

Published: February 2023   

Cryogenic Tanks Market520 Pages

Cryogenic Tanks Market size exceeded USD 8.3 billion in 2023 and is projected to expand at 5.5% CAGR from 2024 to 2032. ...

Published: February 2023   

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Vacuum Insulated Pipe Market size valued at USD 1.2 billion in 2023 and is projected to expand at more than 5.1% CAGR from 2024 to 2032, driven by the increasing investments in the development of gas-based power generation plants....

Published: February 2023   

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Servo Motors and Drives Market size was valued at USD 18.8 billion in 2023 and is projected to expand at 6.7% CAGR between 2024 and 2032....

Published: February 2023   

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Electrostatic Precipitator Market size exceeded USD 8 billion in 2022 and is projected to expand at more than 6% CAGR from 2023 to 2032, owing to the introduction of stringent norms to mitigate air pollution....

Published: February 2023   

Industrial Solid Waste Management Market615 Pages

Industrial Solid Waste Management Market was valued at USD 1.01 trillion in 2023 and is projected to expand at 2% CAGR between 2024 and 2032....

Published: January 2023   

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Mobile Light Tower Market size valued at USD 5.9 billion in 2023 and is projected to expand at over 6.2% CAGR from 2024 to 2032....

Published: January 2023   

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ORC Industrial Waste Heat to Power Market size valued at USD 3.5 billion in 2022 and is projected to expand at over 12.5% CAGR from 2023 to 2032....

Published: January 2023   

Light Tower Market1130 Pages

Light Tower Market size exceeded USD 6.3 billion in 2023 and is projected to expand at more than 6% CAGR from 2024 to 2032, on account of the escalating infrastructure development projects....

Published: January 2023   

Municipal Solid Waste Management Market1050 Pages

Municipal Solid Waste Management Market size exceeded USD 121.2 billion in 2023 and is projected to expand at more than 3.3% CAGR from 2024 to 2032....

Published: December 2022   

Overhead Conductor Market820 Pages

Overhead Conductor Market size exceeded USD 665 million in 2022 and is projected to expand at more than 5% CAGR from 2023 to 2032....

Published: December 2022   

North America Medium Voltage Switchgear Market230 Pages

North America MV Switchgear Market was valued at USD 8.6 billion in 2023 and is projected to expand at more than 6.7% CAGR from 2024 to 2032....

Published: November 2022   

North America Microgrid Market215 Pages

North America Microgrid Market size valued at USD 3 billion in 2021 and is projected to expand at more than 14% CAGR from 2022 to 2030....

Published: November 2022   

Asia Pacific Gas Analyzer Systems Market250 Pages

Asia Pacific Gas Analyzer Systems Market was valued at USD 510 million in 2023 and is poised to exhibit more than 6.1% CAGR during 2024 to 2032. ...

Published: November 2022   

High Voltage Switchgear Market600 Pages

High Voltage Switchgear Market size valued at USD 2 billion in 2022 and is projected to grow at over 7% CAGR from 2023 to 2032. ...

Published: November 2022   

Waste Heat to Power Market500 Pages

Waste Heat to Power Market size exceeded USD 21 billion in 2022 and is projected to expand at more than 11% CAGR from 2023 to 2032. ...

Published: November 2022   

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Asia Pacific Medium Voltage Drives Market was valued at USD 800 million in 2023 and is projected to expand at CAGR of over 5.3% from 2024 to 2032....

Published: October 2022   

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Asia Pacific Low Voltage Drives Market was valued at USD 12.9 billion in 2023 and is projected to grow at more than 4.1% CAGR from 2024 to 2032....

Published: September 2022   

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SCR Power Controller Market size exceeded USD 190 million in 2023 and is projected to expand at over 5.3% CAGR from 2024 to 2032....