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According to the new market research report, 'The global power plant control system market is projected to reach USD 10.2 billion by 2026 from an estimated USD 7.2 billion in 2021, at a CAGR of 7.3% during the forecast period.' The growing need for zero downtime power supply solutions for critical power applications is the major driver of the rotary or power plant control system market. The advantages of rotary UPS such as high efficiency, fewer space requirements, and low lifetime costs are expected to further drive the demand. Increasing data center investments are expected to be the single biggest contributing factor to the growth of power plant control system market during the forecast period.

EXOv4 delivers a hard film that makes water-spots easy to remove, offers great resistance to all wash chemicals and can help withstand micro-marring. It produces a high-gloss, warm-looking, extreme hydrophobic finish.

Increasing demand for energy-efficient motors and growing implementation of permanent magnet motor in industries such as automotive are the key factors driving the permanent magnet motor market.

According to a new market research report, the global lithium iron phosphate batteries market is projected to reach USD 24.6 billion by 2027 from an estimated market size of USD 13.0 billion in 2022, at a CAGR of 13.7% during the forecast period. The factors driving the growth for lithium iron phosphate batteries market is the rise in demand for lithium iron phosphates from the automotive industry, especially the EV application.

According to a new market research report, the distributed control system market is expected to grow from an estimated USD 17.5 billion in 2021 to USD 23.2 billion by 2026, at a CAGR of 5.8% during the forecast period.