The laser cutting machine market size is anticipated to develop at a 9% CAGR between 2018- 2023, as per the current Market Research Future (MRFR) analysis. Laser cutting, simply put, is a technology that uses lasers like fiber, solid-state, and carbon dioxide to cut materials. It can cut materials from plastic to steel with absolute precision. This is a vital manufacturing tool that is needed by industries for manufacturing components having complex geometry. Laser cutting machines have wide…

The global food service equipment market is registering an impressive growth rate year by year. Commercial food service equipments play a vital role in preparing and serving a variety of food items. Hence, they are extensively used for food handling and processing applications in quick service/full-service restaurants, catering businesses, hotels, and clubs. The burgeoning hospitality industry and the rising number of hotels and restaurants worldwide predominantly drive the market…

The global market for battery analyzer is expected to be valued at USD 546 million by 2026, with ~4% CAGR during the forecast period, 2020–2026. Battery Analyzer are used to measure the voltage, capacity, and other technical specifications of batteries.

In 2019, Asia-Pacific dominated the global battery analyzer market share: MRFR

The global battery tester market has been segmented into five regions, namely, Asia-Pacific, the Middle East & Africa, Europe, North America, and…

Global Power Tool Battery Market size at a CAGR of 8.52% during the forecast period, 2020–2026. Power tool batteries are used to run the tools such as saws, crimpers, hammers, drills, and so on. Battery-powered tools are able to run for a longer time on one charge and provides high efficiency.

The power tool battery market growth has been segmented into five regions, namely, Asia-Pacific, the Middle East & Africa, Europe, North America, and South America. Asia Pacific is base and…

Global Green Hydrogen Market size is projected to be valued at USD XX by 2026, at a XX% CAGR during the review period, 2020–2026. Green hydrogen is made using a large amount of water, a big electrolyzer and significant supplies of electricity. Moreover, this electricity supply generally comes only from renewable energy resources.

The global green hydrogen market trends has been segmented into five regions, namely, Asia-Pacific, the Middle East & Africa, Europe, North America, and…

Global Residential Solar Energy Storage Market size is projected to be valued at USD 100 Million by 2026, with 14% CAGR during the forecast period, 2020–2026. Residential solar energy storage equipment is used to store solar energy harnessed from solar panels. Energy storage can be defined as a technology that provides a source of power as and when required without backsliding to conventional energy sources. These energy systems are efficient and can be used whenever needed.

The…

The global report on the water cut monitors market size is showing chances of surpassing USD 282 million by 2023 while reaching up to 5.11% CAGR for the forecast period of 2018 to 2023. Water cut monitors can be defined as solid-state electronic instruments that try to analyze the water content level in the emulsion. This provides valuable clues regarding the water injection process. Its popularity also depends a lot on the application of it in de-watering or de-salters. Market Research…

According to MRFR, Global Power Monitoring System Market size is projected to reach USD 5,530.0 Million by 2025, with 6.11% CAGR between 2019 and 2025.  

Growing commitment to minimizing electricity costs and optimizing the efficiency of electrical services is the key motivating force for the global demand for power control systems. The tools and systems for automated control of power networks include high-voltage transmission devices, wireless grids, and microgrids. This growth has…

The Global Lithium Iron Phosphate Batteries Market Size is projected to be valued at USD 11.11 Billion by 2025, with 4.97% CAGR during the forecast period, 2019–2025. Lithium iron phosphate batteries are rechargeable batteries that feature LiFePO4 as a cathode. These batteries are one of the types of lithium-ion batteries, which is capable of charging as well as discharging at a higher rate when compared to other types of batteries.  These batteries are also known as lithium ferrophosphate…

As per the analysis by Market Research Future Reports (MRFR), the global current transducer market size is estimated to value USD 733.3 million, with a CAGR of 3.26% during the forecast period from 2019 to 2025. The global current transducer market is estimated to experience high growth during the forecast period. The increasing usage of battery-powered applications and technological development in current transducers has contributed significantly to the expansion. The significant players…

The Global Progressive Cavity Pump Market size is expanding ahead with a massive USD 4.29 Billion projects to score between 2019 and 2025. The net worth of the market is supposed to rise by 6.84% CAGR, claims Market Research Future, in its latest study.

Top Impacting Factors

The global progressive cavity pumps market growth has been witnessing an ascending graph of demand owing to the soaring need for pumping shear-sensitive or viscous elements. The mechanism of a progressive…

As per the MRFR report, the global Micro Battery Market Size is projected to reach USD 636 Million by 2025, with 26.7% CAGR over the assessment period (between 2019 and 2025).

Market Highlights

The major factors driving the growth of the global micro-battery industry are the inherent advantages of solid-state micro-batteries, development in wearable device adoption, and the need for lightweight medical device batteries. The facility has provided an annual capacity of 10 million…

The extensive study by Market Research Future (MRFR) on the global recloser control market 2020 reveals that it can touch a valuation of USD 1.75 Billion by the end of 2025. The exhaustive research also confirms that the recloser control market size can progress at a rate of 6.49% between 2019 and 2025 (which is the evaluation period).

Primary Drivers and Main Challenges

The energy demand all over the world is escalating at a considerable pace, backed by the surge in…

Market Research Future (MRFR), in its new published research report, asserts that the global fault current limiter market growth 2020 is flourishing and poised to rise exponentially over the review period, recording a substantial fault current limiter market size valuation of USD 7.17 billion by 2025, and a healthy 8.16% CAGR in the forecast period.

Drivers and Restraints

Growing concerns for efficient and reliable power supply among the consumers is expected to fuel the fault…

According to Market Research Future (MRFR), the global microgrid control system market size is estimated to reach USD 3.84 billion, with a CAGR of 13.05% from 2019 to 2024 (forecast period). The report includes a detailed analysis of the effect of the Covid-19 pandemic on the global microgrid control system market growth.

Microgrid Control system is a combination of distributed energy technologies and smart software that tracks, forecasts, and optimizes energy supply and energy…

The global switchgear monitoring market is expected to exhibit a strong 7.86% CAGR over the forecast period from 2019 to 2024, according to the latest research report from Market Research Future (MRFR). The global switchgear monitoring market size was valued at USD 1.52 billion in 2018 and is expected to rise to a valuation of USD 2.16 billion by 2024, according to the report. The report presents a detailed, comprehensive analysis of all factors affecting the market’s movement, including an…

The global fluid power equipment market is projected to grow at a CAGR of 6.05 % during the forecast period. As per the fluid power equipment market research report, the global fluid power equipment market size is projected to grow swiftly by US$28.6 billion by 2024. According to analysts, the growing demand from the food & beverage industry as well as the rising demand for construction equipment will drive the market growth during the forecast period. The fluid power equipment market…

The global electric fuse market witnesses substantial growth. The electric fuse market growth attributes to the growing offshore investments in renewable power, T&D, and the construction industry. Increasing electrification substantiate the growth of the market, driving power consumption.  Besides, advantages of an electric fuse like zero maintenance, lesser operation time than the operation of a circuit breaker, and the ability to interrupt a short circuit current without producing…

Wireline logging services are cabling technologies employed prominently in the oil & gas industry for measurement of properties of a formation during drilling and production. Market Research Future (MRFR) predicts the scope of the global wireline logging services market growth by sizing the revenue and growth trajectories with the assistance of drivers, challenges, niches, and opportunities in the industry for the period of 2019 to 2024 (forecast period). The COVID-19 pandemic and its…

The global packaged substation market growth is estimated to expand at a considerable expansion rate during the review period due to the rising urbanization and reduced losses in the power distribution system. Asia-Pacific holds the largest market for packaged substations and is driven largely by the number of distribution network upgrades and developments in China, India, and the Southeast Asian countries. This growth is attributed to the growing urbanization and industrial revolution in…