The global distribution transformer market size was valued at USD 19.69 billion in 2024 and is expected to register a CAGR of 5.8% from 2025 to 2034. The increasing demand for reliable and uninterrupted power supply drives the industry growth. Also, the rising focus on renewable energy  and grid expansion is expected to boost the growth during the forecast period. Market Scope...

The global grid forming inverter market size was valued at USD 750.0 million in 2024 and is projected to grow from USD 808.7 million in 2025 to USD 1,440.7 million by 2032, exhibiting a robust CAGR of 8.60% during the forecast period. This expansion is fueled by the rising integration of renewable energy sources, demand for resilient power grids, and the rapid...

IIOT Gateway for Utility Market Overview: The IIOT (Industrial Internet of Things) Gateway for Utility market has witnessed significant growth due to the increasing adoption of IoT technologies in utility management. These gateways serve as critical communication hubs, enabling seamless data exchange between various sensors, devices, and cloud-based systems. By facilitating real-time monitoring...

The Kuwait Electric Vehicle Market size was valued at around USD 55 million in 2024 and is projected to reach USD 319.84 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 34.10% during the forecast period, i.e., 2025-30.             Kuwait Electric Vehicle Market Driver: Government Mandates and...

The Kuwait Electric Vehicle Market size was valued at around USD 55 million in 2024 and is projected to reach USD 319.84 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 34.10% during the forecast period, i.e., 2025-30.             Kuwait Electric Vehicle Market Driver: Government Mandates and...

As the planet faces intensifying weather events and rising energy demands, ensuring Grid Resilience and Reliability in Changing Climate has become a global priority. Power systems, once designed for predictable conditions, now face unprecedented stress from storms, droughts, and heatwaves. These challenges test not only the physical infrastructure but also the adaptability of energy management...

  In the realm of modern power distribution systems, the single phase pad mounted transformer stands as a pivotal innovation that has revolutionized the way electricity is delivered to homes and businesses. Meta Power Solution, a leading player in the energy sector, has been at the forefront of pioneering advancements in transformer technology, including the development of these...

The U.S. microgrid market was valued at USD 24.71 billion in 2024 and is forecast to expand at a robust compound annual growth rate (CAGR) of 15.8% from 2025 through 2034. By the end of the forecast period, the market is expected to reach USD 106.96 billion, underscoring the rapid adoption of decentralized energy systems in response to evolving grid...