Market Potential

India’s electric vehicle market size is expected to reach USD 152.21 billion by 2030. The market is expected to expand at a CAGR of...

Robots have long been an integral part of many areas of industrial manufacturing - and their range of tasks continues to grow in the...

Prime Minister Narendra Modi recently participated in the Grand Finale marking the culmination of ‘Ujjwal Bharat Ujjwal Bhavishya – Power @2047’ via video conferencing....

Focus on upgrading the existing power grid network with modern energy technology for flexible, secure, efficient, and reliable supply of power will emerge as...

Increasing electricity demand and integration of a sustainable electrical network are some of the factors that are driving power transmission line & towers market....

The switchgear market consists of sales of switchgears and related services that are used in various applications such as in transmission and distribution utility,...

As per a recently published report by Fortune Business Insights, titled; “Gas Insulated Switchgear Market Size, Share and Industry Analysis, By Voltage (Up to...

India’s total coal production increased by 6.74% to 74.78 Million Ton (MT) during December, 2021 as compared to the same period in 2019. Out...

Recently, Visiongain, one of the fastest growing and most innovative, independent, market intelligence company, has published its report – titled ‘Geothermal Power Market Report...

Global switchgear market is expected to grow from around $ 100 billion in 2019 to $ 155 billion by 2025. Switchgears are switching devices...

According to the latest report by the TBRC Business Research, titled “Electric Power Generation, Transmission, And Distribution Global Market Report 2022 – Market Size,...

Technavio’s recent report titled Global Automatic Voltage Stabilizer Market 2022-2026, addresses aspects like: Market Drivers and Market Challenges. One of the main factors promoting the...

Greta Electric Scooters, a wholly-owned subsidiary of Raj Electromotives Pvt. Ltd., announced its plans to expand its dealer network to 50+ touchpoints with a...

The government has accorded ‘in-principle’ approval for five new sites for locating nuclear power plants in future...

Frost & Sullivan estimates that the Indian smart grid products and solutions market is expected to grow three times from $6.5 billion in CY 2019 to $18.5 billion by CY 2030. This will help reduce India’s staggering 18.5% (approximately) transmission and distribution loss rate in FY 2019 to 15% in the next two years, according to the Central Electricity Authority of India. India is expected to have a market share of 5% - 6% by 2030 in the global smart grid products and solutions market…

The electricity market at the Indian Energy Exchange trades 5467 MU in August’20 witnessing a 1% increase over volume traded in August’19. The national...

Tata Nexon EV accelerates Tata Motor's position in the electric car segment with a 62% market share in Q1 FY21.

Green Market launched on August 21, 2020, trades 3 MU; real-time Electricity Market trades 856 MU volume with 9% MoM increase; IEX Electricity Market trades 5467 MU in August’20 and registers 1% YoY increase.

MarketsandMarkets forecasts the smart grid market to grow from USD 23.8 billion in 2018 to USD 61.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period.

If Indian Energy Exchange’s (IEx’s) report is something to rely on then: they witnessed a total trade of 4,790 MU in June ‘20 recording a 5% YoY increase, despite the national peak demand registering a 10% YoY decline during the month.