Category: Utilities
Utilities market research reports by Global Market Insights
-
RIP Electrical Bushing Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2025-2034
The Global RIP Electrical Bushing Market was valued at USD 551 million in 2024 and is projected to grow at a CAGR of 7.7% to reach USD 1.1 billion by 2034, fueled by rising investments in power transmission and distribution infrastructure, increased adoption of high-voltage switchgear, and a growing ... Read More
-
North America Oil FIlled Transformer Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2025-2034
North America Oil Filled Transformer Market was valued at USD 11 billion in 2024 and is estimated to grow at a CAGR of 7.3% to reach USD 22.5 billion by 2034. The market is witnessing robust growth, propelled by increasing investments in utility infrastructure, grid modernization projects, and the i ... Read More
-
North America Dry Type Transformer Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2025-2034
North America Dry Type Transformer Market was valued at USD 6.8 billion in 2024 and is estimated to grow at a CAGR of 8.5% to reach USD 15.5 billion by 2034. The market is being propelled by increasing investments in renewable energy integration, stringent safety and environmental regulations, and t ... Read More
-
North America Data Center Transformer and Switchgear Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2025-2034
North America Data Center Transformer and Switchgears market was valued at USD 5.65 billion in 2024, is expected to grow at a CAGR of 7.4% during 2025 - 2034. This growth is primarily driven by the increasing demand for high-performance transformers, especially in three-phase configurations, and swi ... Read More
-
Energy Storage Systems Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2025-2034
The Global Energy Storage Systems Market was valued at USD 668.6 billion in 2024 and is projected to grow at a 21.7% CAGR from 2025 to 2034. Energy storage systems (ESS) are critical in enhancing grid stability, integrating renewable energy, and optimizing power supply-demand balance by storing ener ... Read More
-
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
-
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
-
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
-
Transformer Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
The Global Transformer Market was valued at 58.89 billion in 2023 and is projected to grow at a CAGR of 7% during 2024 - 2032. This growth is fueled by rising industrialization, increasing urbanization, and an expanding power infrastructure across the region. Key factors contributing to this growth ... Read More
-
Recloser Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2025-2034
The Global Recloser Market generated USD 2.28 billion in 2024, is projected to grow at a CAG of 6.0% during 2025-2034. The market’s expansion is driven by increasing investments in power infrastructure, rising demand for reliable grid systems, and technological advancements in recloser systems that ... Read More
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
North America Power Generation Carbon Capture and Storage Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 to 2032
North America Power Generation Carbon Capture and Storage Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 to 2032 North America Power Generation Carbon Capture And Storage (CCS) Market was valued at USD 800 million in 2023 and is projected to expand at an impressive CA ... Read More
-
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
-
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
-
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
Research Assistance
