Power Industry Reports

Upsurge in renewable energy investments to drive global solar microinverter market during the forecast period According to TechSci Research report,  “ Global  Solar Microinverter Market , By Type (Single Phase and Three Phase), By Connectivity (Integrated, Standalone), By Application (Residential, Commercial, PV Power Plant), By Sales Channel (Direct and Indirect), By Region, Competition, Forecast & Opportunities, 2025 ” , Global solar microinverter market was valued USD 1166.24 Million in 2019 and is projected to grow at double-digit CAGR of 24.32% to reach USD 2934.86 Million by 2025. Rapid increase in renewable energy investment and increased investment in R&D are driving the solar microinverter market through 2025. Micro inverters are known to generate more energy when compared to other solar inverters, therefore, they are witnessing increased adoption in the recent years. In addition, solar micro inverters offer several benefits over conventional inverter technolo...

Higher living standards and demand for quality water consumption is expected to drive the demand for global ozone generator market in forecast period. According to TechSci Research report,  “Global  Ozone Generator Market  By Technology (Ultraviolet, Cold Plasma, Corona Discharge, Electrolytic), By Application (Water Treatment, Air Purification, Laboratory & Medical Equipment, Others), By End-Use (Industrial, Residential, Municipal, Commercial), By Type (Large Ozone Generator (>5kg/h), Middle Ozone Generator (100 gm/h- 5 kg/h), Small Ozone Generator (<100 gm/h)), By Company, By Region, Forecast & Opportunities, 2026” , global ozone generator market is expected to witness steady growth for the next five years owing to surge in demand for ozone generators for water and wastewater treatment from municipal water treatment plants. Strict regulations from environmental agencies to maintain a certain limit for the maximum allowable byproducts from the disinfection ...

Adoption of smart blasting for sustainable approach for mining is expected to drive the demand for global mining explosives market in forecast period. According to TechSci Research report,  “Global  Mining Explosives Market  By Application (Quarrying & Non-metal Mining, and Metal Mining) By Type (Ammonium Nitrate Explosives, Emulsion Explosives, and ANFO) By Company, By Region, Forecast & Opportunities, 2026” , global mining explosives market is expected to witness robust growth for the next five years. Increasing application in diverse sectors such as construction, mining and military operations is contributing significantly to the global market growth. Mining explosives are used in several verticals for quarrying, mining, metal mining, non-mental mining, and coal mining. Explosives are used widely in mineral extraction process comprising of tin, iron ore, gold, bauxite, copper, titanium, nickel, among others. Rising market growth for automobile industry due to p...

Residential and commercial existing network upgradation is expected to drive the demand for global ring main unit market in forecast period. According to TechSci Research report,  “Global  Ring Main Unit Market  By Type (Gas Insulated, Oil Insulated, Air Insulated, Solid Dielectric), By Component (Switch & Fuses, Self-powered Electronic Relays, Others), By Installation (Indoor v/s Outdoor), By Position (3-position, 6-position, 10-position, Others), By Voltage Rating (Up to 15 kV, 16–25 kV, Above 25 kV), By Application (Distribution Utilities, Industries, Infrastructure & Transportation), By Company, By Region, Forecast & Opportunities, 2026” , is expected to witness significant growth in the next five years owing to surge in power requirements due to high proliferation of electronic devices and the need for continuous connectivity. Adoption of new technologies, for instance, economically viable smart grid infrastructure integrated with ring main unit to obtain...

Introduction of green rating for commercial buildings and rising energy costs is expected to drive global energy retrofit system market through 2026 According to TechSci Research report,  “ Global  Energy Retrofit System Market  By Product (LED Retrofit Lighting, HVAC Retrofit), By Application (Residential Buildings, Non-Residential Buildings), By Technology (HVAC and Controls, Insulation and Glazing, Lighting and Controls, Water Heating), By Company, By Region, Forecast & Opportunities, 2026 ” , is expected to grow at a steady rate during the forecast period. Stringent government policies and offering of financial incentives is anticipated to act as a positive motivation for installation of energy retrofit systems and is ultimately expected to boost the market growth. Commercial buildings install plethora of electrical appliances and consume a lot of energy creating huge demand for cost effective energy infrastructure to lower maintenance costs. Energy retrofit syste...

Growth of the pharmaceutical industry and expansion of manufacturing sector is expected to drive the demand for global metering pump market in forecast period. According to TechSci Research report,  “Global  Metering Pump Market  By Type (Diaphragm, Piston, Peristaltic), By Application (Water & Wastewater Treatment, Oil & Gas, Chemicals & Petrochemicals, Pharmaceuticals, Food & Beverages, Others), By Company, By Region, Forecast & Opportunities, 2026” , global metering pump market is expected to witness steady growth for the next five years owing to surge in demand for metering pumps due to increase in significance of the water treatment and continuous release of wastewater from manufacturing plants into the water bodies without proper treatment. Strict government policies for proper water treatment before discharging is driving the market for the metering pumps. Integration of metering pumps with the wastewater treatment equipment enhances quality of ...

Cost effective, and high performance advantages boost the growth of Global dye sensitized solar cell market. According to TechSci Research report,  “ Global  Dye Sensitized Solar Cell Market  By Application (Portable Charging, Building-Integrated Photovoltaics [BIPVs], Building-Applied Photovoltaics [BAPVs], Embedded Electronics, Military, Automotive, and Others) By Material (Titanium Oxide, Zinc Oxide, Tin Oxide, and Indium Oxide) By Region, Competition Forecast & Opportunities, 2026 ” , the Global dye sensitized solar cell is expected to grow at a promising rate during the forecast period. Driving the growth of the market, the factors are the effectiveness of the dye sensitized solar cells over the conventional cells. Moreover, the dye sensitized solar cells absorb more sunlight per surface area, and they have low-density applications for current technologies too. The market experiences a demand for lightweight, highly flexible solar cells that is actively being ful...

Adoption of internet of things and preference shift towards wireless network infrastructure is expected to drive global energy harvesting system market through 2026. According to TechSci Research report,  “ Global  Energy Harvesting System Market , By Technology (Light Energy, Vibration Energy, Thermal Energy, Others), By Application (Building & Home Automation, Consumer Electronics, Industrial, Others), By Component (Transducer, Power Management Integrated Circuit, Storage Systems), By Company and By Geography, Forecast & Opportunities, 2026 ” , global energy harvesting system market is expected to grow at a steady rate during the forecast period on account of rising trend of adoption of renewable energy sources, demand for managing the solution efficiently has surged across the world ultimately boosting the global energy harvesting system market. Emerging technology of tire management system adopted in automobiles to conserve energy and power-up the small sensors ins...

Rise in the development of grid infrastructure activities and growing energy requirements is expected to drive the demand for Global Power Metering market in forecast period. According to TechSci Research report,  “Global  Power Metering Market  By End-User (Residential, Commercial, and Industrial) By Type (Analog Meters, Digital Meters, and Smart Meters) By Phase (Single Phase, Three Phase), By Region, Company Forecast & Opportunities, 2026” , The Global Power Metering market is expected to witness steady growth in the forecast period owing to the rise in the initiatives taken by the leading authorities for technological up-gradation of the analog meters to digital meters to provide accurate reading to the consumers. A power meter is a kind of electrical device which is used to measure the electric current consumption and aids in uni or bilateral communication between the central system and the power meter. The device reads the number of electricity units consumed an...

Increasing demand for heat exchangers in various industries is driving the growth of the Global Heat Exchanger Market in the forecast years . According to TechSci Research report,  “ Global  Heat Exchanger Market  By Product Type (Plate & Frame {Brazed, Gasketed, Welded}, Shell & Tube, Air Cooled) By Material (Carbon Steel, Stainless Steel, Nickel, and Others) By End-User (Chemical, Petrochemical, Oil & Gas, HVACR, Food & Beverage, Power Generation, and Others) By Region, Competition Forecast & Opportunities, 2026 ” , the Global Heat Exchanger Market is expected to grow at a promising rate during the forecast period. The market is anticipated to show growth at an impressive CAGR in the upcoming five year, 2022-2026 on the account of demand from various end-user industries and research and technological developments to improve efficiency and enhance the performance of the heat exchangers. Due to the onset of COVID-19 and imposition of complete lockdown ...

The major factors driving the market are increasing demand for wind energy due to environmental concerns and the reducing cost of wind energy. According to TechSci Research report,  “ Wind Turbine Nacelle Market - By  Region, Competition Forecast & Opportunities, 2018-2028,”  the Global Wind Turbine Nacelle Market is  expected to register robust growth during the forecast period, 2023-2028.  Technological innovations and advances in blade design are the main factors for wind turbine capacity and output growth. Higher wind speeds are made possible by raising the tower, which improves power production. Four times more power is produced when the rotor size or diameter is more considerable. Additionally, increasing the rotor diameter makes a taller wind tower necessary, necessitating the construction of wind turbine nacelles with the proper specifications to be lighter and more robust and operate in stronger winds. Consequently, the market would expand thr...

Increasing government projects and need for modernization of grid networks  are the major factors driving the Global   Smart Transformers Market during the forecast period. According to TechSci Research report, " Smart Transformers Market - Global Industry Size, Share, Trends, Opportunity, and Forecast. 2017-2027", the Global Smart Transformers Market  is expected to register robust growth during the forecast period, 2023-2028.  A smart transformer is a device that can be placed between the power grid and an external system such as a home or business to provide a buffer. These devices are equipped with advanced features to support the power grid. The growth of the smart transformer market is primarily driven by global production of alternative energy, digitization of energy suppliers, and huge investments in smart grids and energy systems. The 2020 pandemic has brought a decline in electricity consumption, impacting organization revenues and challenge financing. Fa...