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According to a new market research report, the global DC switchgear market is projected to reach USD 14.8 billion by 2026 from an estimated market size of USD 11.0 billion in 2021, at a CAGR of 6.1% during the forecast period. The factors driving the growth for DC switchgear are the growing demand for renewable power generation and increasing investment in the upgradation and modernization of the railway sector The Asia Pacific region is estimated to be the largest market for the DC switchgear, followed by North America. The Asia Pacific region is also projected to be the fastest-growing market during the forecast period. Asia Pacific is expected to dominate the market due to the growing investments in the railways sector and integration of renewable energy sources, especially in countries such as China, India, Japan and Australia.

Hybrid Power Solutions Market is projected to reach USD 4.0 billion in 2028 from USD 2.4 billion in 2023 at a CAGR of 10.4% according to a new report by MarketsandMarkets™. Hybrid power solutions are essential because they provide a reliable and stable energy supply by harnessing the benefits of both renewable sources and conventional energy, ensuring energy security, reducing environmental impact by reduction in carbon emissions, and supporting sustainable development across various sectors.

The global solar PV glass market is expected to be valued at USD 33.7 billion by 2025, according to a report by Grand View Research, Inc. Growing social and political consensus aimed at adopting clean energy sources is expected to drive the market in the coming years.Solar PV glass is being increasingly used in various applications such as residential, non-residential and utility sectors. Tempered glass, in particular, is being employed in roofing applications as well as in the manufacturing of glass windows. In developing countries, regional governments are taking various initiatives to install solar panels not only on newly constructed buildings but also on old building structures. Government initiatives to achieve a sustainable future with clean energy are anticipated to positively drive the market over the forecast period.Residential application segment is witnessing growth due to the rising penetration from untapped markets such as Asia Pacific as well as Central & South America. First-mover advantage and relatively low acquisition cost in untapped regions remain key driving factors in this application segment. However, the cost and length of customer acquisition is a primary concern and is projected to restrain the growth of the application segment over the next eight years.North America is expected to witness the highest growth rate over the forecast period. The U.S. government is actively investing in solar energy plants to achieve a future with sustainable energy. According to the International Energy Agency (IEA), the U.S. government has passed multi-year extension of tax credits for renewable energy plants such as concentrating solar power (CSP) and solar PV glass stations. The government has laid down supportive environment policies at the state level for the installation and operation of these renewable energy plants & power stations.

Inverter Market is expected to reach USD 39.6 billion by 2028 from USD 18.9 billion in 2023 at a CAGR of 16.0% during the 2023-2028 period according to a new report by MarketsandMarkets™. The simplicity of installation for both string and micro inverters is the main factor propelling the global market's expansion. The industry has grown as a result of increased investment in the development of renewable power infrastructure and the rise in demand for electricity from diverse uses. It is projected that the renewable energy and rural electrification sectors would see a sharp increase in investment, which will present profitable prospects for industry participants. The business is growing globally as a result of the increased use of big-sized string inverters in the utility system and other commercial and industrial sectors. These inverters make it easier to install huge solar systems since they can link many solar panels.

The low cost of SMRs due to modularization and factory construction is the main driver for the small modular reactor market. Decarbonization of the energy sector to meet decarbonisation goals and integration of small modular reactors with variable renewable energy are expected to offer lucrative opportunities for the small modular reactor market during the forecast period.

According to the new market research report 'Power-to-gas Market is projected to reach USD 42 million by 2024 from an estimated USD 26 million in 2019, at a CAGR of 10.1% during the forecast period.' Effective utilization of renewable energy resources and integrated management of power and gas network are driving the growth of the global industry. The power-to-gas technology can be used in both the power and gas sectors. It enables the combination of power and gas infrastructures by converting the excess electricity through water electrolysis process and injecting the resulting hydrogen into the gas network. The integration of the power and gas sector has increased sharply because of the increase in the number of natural gas thermal power plants.

Venezuela and Russia have bolstered bilateral ties during a visit to the South American country by Prime Minister Vladimir Putin. They have signed dozens of accords in a range of sectors, most notably defence and energy.

Kazakhstan and the United Arab Emirates (UAE) will form a committee to explore ways to boost bilateral cooperation, mainly in the energy sector.

A report titled "Electric Cars Market: Opportunity Analysis and Future Assessment 2022-2030" has been added on Reports and Insights. In the market analysis 2022, the economic outlook is screened from driving factors to upstream markets and the comprehensive status of the market. An in-depth evaluation of the entire growth vistas for the overall and regional market is offered which is primarily based on a thorough evaluation of leading industry players, primary and secondary data.  The global electric cars market is estimated to reach at a value of US$ 7.1 Bn by the end of 2020 and expected to reach at a value of US$ 172.5 Bn by 2028 with a significant CAGR of 49.1% Request a Sample Copy of this Report @: https://reportsandinsights.com/sample-request/1362 Electric Cars Introduction The concept of electric cars is not something new. Noticeably, the automobiles, equipped with an electric motor, were manufactured before inventing cars with an internal combustion engine. The initial models of vehicles, which were created in 1830-1840 used to be deceptive and ponderous units which moved at extremely low speed. In present times, even more, than a century later, polluting petrol and diesel cars still dominate sales worldwide but fortunately there are hopeful predictions that year 2021 could prove the start of an enduring electric future. Although in recent decades, the idea of electric cars has advanced at an accelerated pace. In the modern-day world, electric cars are considered more than a peculiar means of transit. They have been acknowledged as a crucial core element of the energy transition. Electric vehicles have been identified as being a leading technology in depleting future harmful emissions and energy consumption in the automobile sector. Electric cars operate at least on electricity to some extent. In contrast with the conventional vehicles that employ a diesel or gasoline-powered engine, electric cars use an electric motor powered by electricity from

According to the new market research report "Cryogenic Pump Market by Orientation, Design (Submersible, Non-Submersible), Type, Cryogen (Nitrogen, Argon, Oxygen, LNG, Helium, Hydrogen), End User (Energy & Power, Chemicals, Metallurgy, Healthcare & Pharmaceuticals) & Region - Global forecast to 2027", published by MarketsandMarkets™, the Cryogenic Pump Market is projected to reach USD 1.5 billion by 2027 from an estimated market size of USD 1.2 billion in 2022, at a CAGR of 4.6% during the forecast period. The rise in demand for cryogenic pumps from the energy & power industry, especially the oil & gas sector, is the primary driver of market growth. On the contrary, the volatility in raw material prices and interference from gray market players restrain the growth of the market.

According to the new market research report "Cryogenic Pump Market by Orientation, Design (Submersible, Non-Submersible), Type, Cryogen (Nitrogen, Argon, Oxygen, LNG, Helium, Hydrogen), End User (Energy & Power, Chemicals, Metallurgy, Healthcare & Pharmaceuticals) & Region - Global forecast to 2027", published by MarketsandMarkets™, the Cryogenic Pump Market is projected to reach USD 1.5 billion by 2027 from an estimated market size of USD 1.2 billion in 2022, at a CAGR of 4.6% during the forecast period. The rise in demand for cryogenic pumps from the energy & power industry, especially the oil & gas sector, is the primary driver of market growth. On the contrary, the volatility in raw material prices and interference from gray market players restrain the growth of the market.

Stocks traded up today after a mid-day surge helped investors generate some gains. All sectors closed higher except Energy, which declined despite oil prices pushing $100 a barrel.

According to our new research, The global switchgear market is projected to reach USD 88.5 billion by 2025 from an estimated USD 67.5 billion in 2020, at a post COVID-19 CAGR of 5.5% during the forecast period. Replacement of aging power infeastructure along with growing investments in renewable energy is expected to drive the switchgear market. Furthermore, revival of investments in the construction sector is expected to further drive the demand for this product.

The global inverter market is expected to grow at a CAGR of 15.7% to USD 33.8 billion by 2027, up from an estimated USD 16.3 billion in 2022, according to a new report by MarketsandMarkets™. The increasing investments in the renewable energy sector and the rise in the number of solar installations attributed to government led incentives and schemes worldwide fueling demand for inverters to drive the demand for global inverters.

The growth of the generator sales market can be attributed to the increasing demand for uninterrupted and reliable power from a wide range of end-users such as the residential, IT/telecom, healthcare, utility and power generation, marine, chemical, oil & gas, mining, and construction sectors. The rapidly expanding manufacturing sector is also fueling demand for generators and power generation systems.

The global medium voltage cable & accessories market is projected to reach USD 56.2 billion by 2022 from an estimated USD 41.5 billion in 2017, at a CAGR of 6.3% from 2017 to 2022. This growth can be attributed to the changing trends in the energy sector vis-à-vis increasing renewable energy-based power generation, investment plans for expansion of T&D networks in developing economies, revamp of the existing aging infrastructure, growing global power generation capacity, and increasing demand for smart grid technology. Additionally, the rapidly growing infrastructure industry in the emerging regions; and the rapid pace of industrialization and urbanization are anticipated to drive market growth.

According to the new market research report "Electric Fuse Marketby Type (Power Fuse & Fuse Link, Distribution Cutouts, Cartridge & Plug Fuse), Voltage (Low, Medium), End-Users (Utilities, Industrial, Residential, Commercial, Transportation), and Region - Global Forecast to 2023", the global electric fuse market is projected to reach USD 4.3 billion by 2023 from an estimated USD 3.5 billion in 2018, at a CAGR of 4.24%. This growth can be attributed to growing investments in renewable and energy storage, increasing investments in T&D infrastructure plans, and revival of investments in construction sector.

According to a new market research report, the global Solid Oxide Fuel Cell Market was estimated to worth $1.5 billion in 2022 and is poised to reach $6.5 billion by 2027, growing at a CAGR of 33.9% from 2022 to 2027. Government subsidies and increased R&D on fuel cell programs; fuel flexibility and increasing demand for energy-efficient power generation and stringent emission norms are the main driver for the solid oxide fuel cell market. Rapid distributed power generation applications across regions and increasing adaptivity by end users in data centers and military sectors in solid oxide fuel cell industry provide lucrative opportunities for the solid oxide fuel cell market during the forecast period.