According to Market Research Future (MRFR), the global underbalanced drilling market size is estimated to grow at 5.24% CAGR from 2019 to 2024 (forecast period). The report evaluates the effects of the COVID-19 pandemic on the global underbalanced drilling market and offers a detailed estimation of the anticipated volatility of demand over the forecast period.

Underbalanced drilling is a type of drilling process used to drill oil and gas wells. In this process, the pressure of the…

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.

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

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 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 noise or smoke…

The global reservoir analysis market size is predicted to touch USD 12.43 billion at a healthy CAGR between 2017- 2025, states the recent Market Research Future (MRFR) analysis. Reservoir analysis, simply put, includes the study & examination of the nature and performance of a reservoir. This is done to augment the output and yield of the reservoir at the time of exploration activities. It works wonders in saving a good amount of cost and time involved in the activities associated with…

The global wireline logging services market size is expected to grow at 9.40% CAGR during the forecast period. Increasing activities in shale gas exploration is the primary driver of the market. The execution of drilling from field exploration to the maturity of oil wells can demand the market demand significantly. Oilfield operators can diagnose downhole issues, inform drilling programs, and ensure efficient completion.

Rise of horizontal wells and demand for real time logging can…

The global packaged substation market 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 the…

As the laminated busbar market size 2020 worldwide is treading along a healthy growth track, it is now anticipated to rake in a healthy share of the revenue pie with ~7.02% CAGR. The report is gathered by Market Research Future. It has also analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market operators, and disrupters, which is reflected in this analysis.

Top Impactful Factors

MRFR also finds that the rising awareness of energy-saving…

Market Research Future published a half-cooked research on Global Brushless Dc Motors Market report. The Brushless Dc Motors Market is expected to expand at ~ 9.50% CAGR during the period 2018 to 2023. Brushless DC motors, also known as electronically commutated motors, are synchronous motors which are powered by a DC electric source. The working of brushless DC motors is based on the simple force interaction between the permanent magnet and the electromagnet. Unlike a brushed DC motor, the…

On the basis of device, the smart solar market segmentation as Intelligrid, RFID, smart solar meters, which are further segmented into AMR meters, AMI meters. AMR meters subsegment is estimated to dominate the market during the forecast period. AMR meters closely help the end users to monitor their energy usage and control costs. Moreover, AMR meters and related devices utilize distinct technologies and offer additional benefits to the end users.

Market Highlights

Market…

The fast-emerging global tension control market 2020 is noticing escalated growth, which has been recorded at a CAGR of ~4.80% by Market Research Future after an independent study. It has also noted down that the market has high chances to reach a higher valuation by 2023, which is being instigated by a variety of factors at the world level. Such a growth scene will take place in the years 2016 to 2023, which is stated to be the market’s forecast period. The market will grow maximum…

Market Research Future published a half-cooked research report on Global Bioliquid Heat and Power Generation Market. The Bioliquid Heat & Power Generation Market is expected to expand at 7.60 % CAGR during the period 2018 to 2023.

Market Highlights

Bioliquids are fuels made from biomass for energy purposes including heating and generating power. Bioliquids have high energy density and having been used for many years. The bioliquid as a technology is well established and can…

Dual carbon battery is relatively cheaper to manufacture and are environment friendly. These batteries are used improve the range and charging times of electric vehicles. This battery technology is newer to the market but has the potential of becoming prominent in the coming years due to its qualitative features. For instance, a Japanese company, Power Japan Plus has come up with new dual carbon batteries which are at its initial phase and has the capability of eating up the market share of…

Based on component, the electrostatic precipitator (ESP) market is segmented as hardware, software & services. Hardware segment is estimated to dominate the market during the forecast period due to high requirement of hardware component in manufacturing several types of electrostatic precipitators. Hardware component such as high voltage electrical systems, discharge electrodes, collection electrodes, rappers, and shell are an integral part of electrostatic precipitators. Considering the…

Intelligent pigging is a technique wherein an inspection probe, commonly known as smart pig, is involved in pipeline inspection, measuring pipe wall thickness, and metal loss by direct measurement of the thickness of the pipe wall. This market has various advantages such as it helps in cleaning and inspecting the pipelines without the need to stop the flow of product. It also has the ability to provide a accurate value for local wall thickness whilst being small, lightweight, and easy to…

Vacuum Contactor is an electrical device that is used for load breaking through the help of a controlled switch. Vacuum interrupting contacts are enclosed inside a vacuum bottle, which prevents the development of arc when there is a voltage fluctuation. Some of the major applications of vacuum contactors are in motors, transformers, capacitors, reactors, and resistive loads, among others. Many industries such as oil and gas, commercial, mining, utilities, and others require vacuum contactors…

Market Research Future published a half-cooked research report on global solar backsheet market. The solar PV backsheet market is expected to expand at ~ 7.20% CAGR during the period 2018 to 2023. Solar backsheet is used in solar power plants to generate electricity for various applications such as residential, commercial, military, industrial, and utilities. Solar backsheet is used to protect the photovoltaic module from UV radiations, moisture penetration, electrical insulation, and offer…

Market Research Future published a half-cooked research report on global microgrid monitoring market. The microgrid monitoring market size is expected to expand at ~ 12.05% CAGR during the period 2018 to 2023.

Market Highlights

Microgrid Monitoring helps in monitoring real-time operations of the grid. They control all the equipment according to safe and stable operational requirements. The real-time monitoring is mainly done through hardware and software components to gather…

Market Research Future (MRFR) anticipates the global traction transformer market 2020 to progress at a consistent rate throughout the forecast period (2017 to 2025).

Growth Boosters and Top Barriers

Promising advancement rate of rail infrastructure ion various countries along with the hike in the demand for better and faster commuting networks is helping the traction power transformer market gain traction across the globe. A number of original equipment manufacturers (OEMs)…