Category: Utilities
Utilities market research reports by Global Market Insights
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Hybrid Energy Storage Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2025-2034
The Global Hybrid Energy Storage Market was valued at USD 10.3 billion in 2024 and is projected to expand at a CAGR of 7% from 2025 to 2034. Hybrid energy storage systems (HESS) are gaining traction as they integrate multiple energy storage technologies to optimize power output, enhance energy effic ... Read More
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Static Synchronous Compensator (STATCOM) Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2025-2034
The Global Static Synchronous Compensator (STATCOM) Market reached USD 1 billion in 2024 and is expected to expand at a CAGR of 7.9% from 2025 to 2034. A STATCOM is an essential component in power networks, ensuring stability and voltage regulation. The increasing demand for these devices in high-vo ... Read More
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Latin America Residential Water Purifier Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Latin America residential water purifier market reached USD 320.7 million in 2023 and is expected to grow at a CAGR of 8.1% from 2024 to 2032. The growth is driven by increasing consumer awareness regarding waterborne diseases and the demand for clean drinking water. With rising concerns over water ... Read More
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Asia Pacific Composite Insulators Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Asia Pacific composite insulators market was valued at USD 1.2 billion in 2023 and is projected to expand at a CAGR of 6.6% from 2024 to 2032. Increasing efforts to modernize electrical grids and strengthen power infrastructure are driving growth across the region. Government initiatives aimed at re ... Read More
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UV Disinfection System Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
UV Disinfection System Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032 The global UV disinfection system market reached USD 1.78 billion in 2023 and is projected to grow at a CAGR of 10.1% from 2024 to 2032. Rising regulatory standards for water quality are cruci ... Read More
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North America Utility Solar EPC Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
North America utility solar EPC market was valued at USD 13.7 billion in 2023 and is projected to grow at a CAGR of 5.3% from 2024 to 2032. Utility Solar EPC (Engineering, Procurement, and Construction) refers to companies responsible for designing, sourcing materials, and constructing large-scale s ... Read More
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Green Power Transformer Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 to 2034
Green Power Transformer Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 to 2034 The Global Green Power Transformer Market reached USD 1.2 billion in 2024 and is anticipated to grow at a CAGR of 6.8% from 2025 to 2034. The market growth is primarily driven by the rising ... Read More
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Power Transformer Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Power Transformer Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032 Global Power Transformer Market will exhibit a 6.7% CAGR between 2024 and 2032 due to the focus on energy efficiency and innovations in transformer technology. Advancements, such as improved insula ... Read More
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Europe Cast Resin Transformer Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Europe Cast Resin Transformer Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032 Europe Cast Resin Transformer Market was valued at USD 910.2 million in 2023 and is expected to grow at a CAGR of 10.7% during 2024-2032, driven by stringent government regulations prom ... Read More
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Commercial Water Heater Market
Commercial Water Heater Market Commercial Water Heater Market was valued USD 7.22 billion in 2023 and is anticipated to grow at a CAGR of 6.8% from 2024 to 2032 driven by the increasing demand for efficient and reliable water heating solutions in commercial establishments. With businesses like hotel ... Read More
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Electric Distribution Utility Market
Electric Distribution Utility Market The global electric distribution utility market was valued at USD 379.1 billion in 2023 and is projected to grow at over 6.7% CAGR from 2024 to 2032. This growth is primarily fueled by rising electricity demand and a global shift towards renewable energy sources. ... Read More
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DC Microgrid Market
DC Microgrid Market The DC Microgrid Market was valued USD 6 billion in 2023 and is anticipated to grow at a CAGR of 20.3% from 2024 to 2032., driven by the growing adoption of renewable energy sources. According to the International Energy Agency (IEA), renewable energy sources are projected to acc ... Read More
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North America Gas Meter Market
North America Gas Meter Market North America gas meter market was valued at USD 3.7 billion in 2023 and is expected to grow at a CAGR of 5.1% between 2024 and 2032. This growth is driven by the escalating adoption of smart metering solutions and the expansion of natural gas infrastructure. With an i ... Read More
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Utility Scale Power Transformer Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 to 2032
Utility Scale Power Transformer Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 to 2032 The Global Utility-Scale Power Transformer Market, valued at USD 11.3 billion in 2023, is projected to grow at a CAGR of 6.2% from 2024 to 2032. This growth is driven by surging ene ... Read More
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On Grid Residential Solar PV Module Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 to 2032
On Grid Residential Solar PV Module Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 to 2032 The Global On-Grid Residential Solar Photovoltaic (PV) Modules Market was valued at USD 58.1 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) o ... Read More
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Thermal Storage Tank Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 to 2032
Thermal Storage Tank Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 to 2032 The Global Thermal Storage Tank Market was valued at USD 1.6 billion in 2023 and is projected to grow at a CAGR of 3.8% from 2024 to 2032. The rapid growth of the global thermal storage tank m ... Read More
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Industrial and Commercial Scale Microgrid Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Industrial and Commercial Scale Microgrid Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032 The Industrial and Commercial Scale Microgrid Market was valued at USD 2.2 billion in 2023 and is projected to grow at a CAGR of 23% by 2032. A microgrid is a localized ener ... Read More
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DC Grid Connected Microgrid Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
DC Grid Connected Microgrid Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032 The Global DC Grid Connected Microgrid Market was valued at USD 3.9 billion in 2023 and is projected to grow at a CAGR of 20.9% from 2024 to 2032. The demand for connectivity from renewab ... Read More
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AC Grid Connected Microgrid Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
AC Grid Connected Microgrid Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032 The global AC grid connected microgrid market was valued at USD 6.9 Billion in 2023 and is projected to grow at a CAGR of 19.9% from 2024-2032. This system generates, distributes, and reg ... Read More
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Remote Microgrid Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Remote Microgrid Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032 The Global Remote Microgrid Market was valued at USD 7.2 billion in 2023 and is projected to expand at a CAGR of 19.8% from 2024 to 2032. The growing energy demand from remote and rural communities, ... Read More
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Solar Microinverter and Power Optimizer Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Solar Microinverter and Power Optimizer Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032 The Solar Microinverter and Power Optimizer Market Size will grow at 13.3% CAGR during 2024-2032, driven by the growing adoption of renewable energy sources. According to IEA, ... Read More
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North America Microgrid Market Size By Grid Type (AC Microgrid, DC Microgrid, Hybrid), By Connectivity (Grid Connected, Off Grid), By Power Source (Natural Gas, CHP Solar PV, Diesel Generators), By Storage Device, By Application, Countryal Outlook & Global Forecast, 2024 – 2032
North America Microgrid Market Size By Grid Type (AC Microgrid, DC Microgrid, Hybrid), By Connectivity (Grid Connected, Off Grid), By Power Source (Natural Gas, CHP Solar PV, Diesel Generators), By Storage Device, By Application, Countryal Outlook & Global Forecast, 2024 – 2032 North America microgr ... Read More
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Microgrid Market Size - By Grid Type (AC Microgrid, DC Microgrid, Hybrid), By Connectivity (Grid Connected, Off Grid), By Power Source (Natural Gas, CHP Solar PV, Diesel Generators), By Storage Device, By Application & Forecast, 2024 – 2032
Microgrid Market Size - By Grid Type (AC Microgrid, DC Microgrid, Hybrid), By Connectivity (Grid Connected, Off Grid), By Power Source (Natural Gas, CHP Solar PV, Diesel Generators), By Storage Device, By Application & Forecast, 2024 – 2032 Global microgrid Market share will garner a 20.5% CAGR from ... Read More
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Agriculture Solar Water Pumps Market Size - By Product (Submersible Pump, Surface Pump), By Technology (AC Pumps, DC Pumps), By Power Rating (< 5 HP, 5 HP - 10 HP, 10 HP - 20 HP, > 20 HP), By Regional Outlook & Forecast, 2024 – 2032
Agriculture Solar Water Pumps Market Size - By Product (Submersible Pump, Surface Pump), By Technology (AC Pumps, DC Pumps), By Power Rating ( 20 HP), By Regional Outlook & Forecast, 2024 – 2032 Agriculture Solar Water Pumps Market size is poised to witness 8.8% CAGR from 2024-2032, propelled by the ... Read More
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Submarine Cable Systems Market - By Component (Dry Plant Product, Wet Plant Product), By Offering (Cable Installation, Cable Maintenance & Repair, Upgrade), By Deployment (Shallow Water, Deep Water), By Application, By End User & Forecast, 2024 – 2032
Submarine Cable Systems Market - By Component (Dry Plant Product, Wet Plant Product), By Offering (Cable Installation, Cable Maintenance & Repair, Upgrade), By Deployment (Shallow Water, Deep Water), By Application, By End User & Forecast, 2024 – 2032 Submarine Cable Systems Market size is expected ... Read More
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