The gas-insulated switchgear market value will reach USD 36,400.7 million by 2030 from USD 22,457.4 million in 2022, at a 6.2% CAGR, according to P&S Intelligence. The growth can be credited to the increasing need for electricity, snowballing renewable power-based capacity adding, and rapid urbanization. Additionally, more power will be needed for offices, powerhouses, hospitals, retail...

The global electrical insulator market size was estimated at USD 12.52 billion in 2023 and is projected to grow at a CAGR of 5.7% from 2024 to 2030. The market's expansion is driven by increasing infrastructural development and electrification projects worldwide, particularly in emerging economies. Rising investments in renewable energy infrastructure also contribute significantly to...

Market Overview Global Shunt Reactor Circuit Market size and share is currently valued at USD 2,673.79 million in 2024 and is anticipated to generate an estimated revenue of USD 5,269.59 million by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 6.3% Compound Annual Growth Rate (CAGR) over the forecasted...