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Showing posts from October, 2023

Frequency Converter Market to Rear Excessive Growth during 2031

 The global  Frequency Converter Market  size was valued at $22.3 billion in 2021 and is estimated to reach $39.7 billion by 2031, growing at a CAGR of 6% from 2022 to 2031. Frequency converters are electronic devices used in various applications including generation, transmission, distribution, and use of electrical energy. They can control frequency, power, and voltage and improve the efficiency of the equipment or machines such as motors, pumps, fans, and others. They offer advantages such as reduction in maintenance cost, increased lifetime of machines, improved processes, enabled utilization of equipment imported from other countries, and others. They are used in various end-use industries including aerospace & defense, power & energy, oil & gas, marine, and others. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch.com/request-sample/998 Significant development of the end-use industries such ...

PERC Solar Panel Market to Witness Robust Expansion Throughout the Forecast Period 2023 – 2032

The  PERC solar panel market  size was valued at $140.4 billion in 2022 and is estimated to reach $304.9 billion by 2032, growing at a CAGR of 8.2% from 2023 to 2032. Passivated Emitter and Rear Contact Solar Panel refers to a type of solar panel technology. PERC solar panels are an advanced form of photovoltaic (PV) panels that feature a specific design to enhance their efficiency and power output. PERC solar panels are the addition of a passivation layer on the rear surface of the solar cell. This passivation layer helps to reduce electron recombination, which is a process that leads to energy loss in conventional solar cells. By minimizing electron recombination, PERC solar panels can capture and convert more sunlight into electricity. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch.com/request-sample/75143 PERC solar panels are designed to have improved durability and reliability due to the passivation of th...

Lighting Transformer Market Foreseen to Grow Exponentially Over 2031

 Lighting transformers are transformers that are specifically utilized to work with lighting. A transformer that is used to decouple two circuits is known as an isolation & illumination transformer. These transformers frequently have symmetrical windings with a ratio of 1:1. Increase in the application of transformers in residential and commercial areas is expected to offer opportunities for growth of the market in the near future. The  lighting transformer market  size was valued at $1.2 billion in 2021 and is estimated to reach $2.1 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch.com/request-sample/54087 Moreover, growth in demand for low-voltage lighting transformers and rise in trend for dimmers switches are factors that drive the market. Resistive dimmers are another name for leading-edge dimmers. These dimmer sets reduce the AC cycle at...

Solar Concentrator Market Projected to Garner Significant Revenues By 2031

 Solar concentrators are devices that collect solar radiation and concentrate at a single focal point. The devices are mainly comprised of a series of lens or mirror assemblies, heat receivers, and a tracking system. The performance of the concentrator depends on the intensity of solar radiation, the incident angle of radiation, and its relative position to the sun and the reactor to be heated. The  solar concentrator market  size was valued at $5.2 billion in 2021, and the solar concentrator industry is estimated to reach $24.6 billion by 2031, growing at a CAGR of 16.8% from 2022 to 2031. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch.com/request-sample/47729 The rising requirement and demand for low-emission energy generation are driving the expansion of the worldwide solar concentrator market. Furthermore, the growth in demand for clean and green energy is propelling the worldwide solar concentrator ma...

Industrial Oils Market to Witness Robust Expansion throughout the Forecast Period 2021 – 2031

 The  industrial oils market  size was valued at $62.4 billion in 2021, and the industrial oils industry is estimated to reach $85.9 billion by 2031, growing at a CAGR of 3.3% from 2022 to 2031. Industrial oils are produced using hydrotreated or hydrocracked base oils, which offer a separate quality benefit over other comparable goods produced through the use of standard base oils. The presence of developing countries in Asia-Pacific such as China and India, which are the hub for industrial oils production owing to the rapid expansion of chemical, biodiesel, and cosmetic industries boost the demand for industrial oils which are used as raw materials in various production facilities. The basic sources of industrial oils are soybean, corn, sunflower, cottonseed, rapeseed, palm, groundnut, linseed, and grape seed. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch.com/request-sample/17822 Industrial oils are used...

Surge Protector Market to Observe Strong Development by 2030

 The Global  Surge Protector Market  size was valued at $3.9 billion in 2020 and is anticipated to generate $6.8 billion by 2030. The market is projected to experience growth at a CAGR of 5.4% from 2021 to 2030. Power surge protector is designed to protect electrical appliances from voltage spikes. These protectors limit voltage supplied to an electric device by either blocking or shorting any unwanted voltages above a safe threshold limit to the ground. They are used in automatic control buses, electric power supply networks, telephone networks, and various communication systems. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch.com/request-sample/15363 A common surge protector stops voltage spikes and surges, but not the violent, catastrophic burst of current from a close lightning strike. Direct lightning current is simply too big to shield with a little electronic device inside a power strip. The key ...

Surge Protector Market to Witness Exponential Growth by 2030

 A power surge protector is designed to protect electrical appliances from voltage spikes. These protectors limit voltage supplied to an electric device by either blocking or shorting any unwanted voltages above a safe threshold limit to the ground. They are used in automatic control buses, electric power supply networks, telephone networks, and various communication systems. The global  surge protector market  was hit by the pandemic which led to a dip in market growth. However, the reopening of the economy has led to a correction in the market. Moreover, the rise in electronics demand from the residential sector led by work-from-home conditions has also driven the growth of the global surge protector market. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch.com/request-sample/15363 A common surge protector stops voltage spikes and surges, but not the violent, catastrophic burst of current from a close lig...