Rising global energy demand, highly volatile oil & gas prices, increasing complicated regulatory and environmental pressure have put great "deal" to other alternative energy sources in this decade. There is increased awareness and commitments across ....see more
The global eFuse market is expected to estimated USD 557.0 million in 2024 to USD 737.4 million in 2030, at a CAGR of 4.9% during the forecast period. Some of the major players in the eFuse market are Littelfuse, Inc. (US), TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION (Japan), Semiconductor Components Industries, LLC (US), and Texas Instruments Incorporated. (US), and Alpha and Omega Semiconductor. (US). The major strategies adopted by these players include acquisitions, product launches, agreements, partnerships, and expansions.
The global distribution automation market is estimated to be valued at USD 20.56 billion in 2025 and is projected to reach USD 40.40 billion by 2030, growing at a CAGR of 14.5% during the forecast period. Some of the major players in the distribution automation market are ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Eaton (Ireland), and GE Vernova (US). Other major players include S&C Electric Company (US), Toshiba (Japan), Landis+Gyr (Switzerland), Itron Inc. (US), Hubbell (US), Xylem (US), Schweitzer Engineering Laboratories, Inc. (US), and G&W Electric (US). The major strategies adopted by these players include product launches, contracts, agreements, investments, partnerships, and expansions.
The MEA variable frequency drive market is projected to reach USD 1.29 billion by 2030 from an estimated USD 0.98 billion in 2025, at a CAGR of 5.6% during the forecast period. The report profiles key players such as ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Danfoss (Denmark), and Rockwell Automation (US).
The global wind turbine operations and maintenance (O&M) market is projected to reach USD 59.67 billion by 2030, registering a CAGR of 8.5% during the forecast period. The wind turbine operations and maintenance market is dominated by major players that have a wide regional presence. Some of the key players in the wind turbine operations and maintenance market are Siemens Gamesa Renewable Energy, S.A.U. (Spain), Vestas (Denmark), GE Vernova (US), Nordex SE (Germany), Suzlon Energy Limited (India), Envision Group (China), SANY Renewable Energy Co., Ltd. (China), and Goldwind (China).
The global perforating gun market size is projected to reach USD 1.48 billion in 2030; it is estimated to grow at a CAGR of 4.5% during the forecast period. Some of the major players in the perforating gun market are SLB (US), Weatherford (US), Baker Hughes Company (US), Halliburton (US), and NOV (US). The major strategies adopted by these players include acquisitions, sales contracts, agreements, partnerships, and collaborations.
The global advanced distribution management system (ADMS) market is projected to reach USD 7.41 billion by 2030, at a CAGR of 16.0% during the forecast period. Key players who dominate the ADMS market include Hitachi Energy Ltd. (Switzerland), Siemens (Germany), Schneider Electric (France), Honeywell International Inc. (US), and General Electric Company (US). Organizations are enhancing their presence through strategic initiatives such as product development, acquisitions, and partnerships. They invest in next-generation technologies such as AI energy management, grid-edge intelligence, and advanced analytics to improve efficiency and gain real-time insights. Their strategies also include diversifying services into areas such as demand response and decarbonization solutions for both industrial and residential customers. Collaboration through joint ventures fosters innovation in hydrogen, battery storage, and carbon capture. These companies focus on regulatory compliance, customer-centric design, and digital transformation to stay ahead in policy developments and market trends, ultimately creating long-term value in a rapidly evolving energy landscape.
The cryogenic valve assembly market is projected to reach USD 7.21 billion by 2029 at a CAGR of 8.3% during the forecast period. Some of the prominent players in the cryogenic valve assembly market are PARKER HANNIFIN CORP (US), Emerson Electric Co. (US), Flowserve Corporation (US), Bray International (US), Valmet (Finland), and Crane Company (US), L&T Valves Limited (India), KITZ Corporation (Japan), and Baker Hughes (US). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The hydrogen automotive testing, inspection, and certification (TIC) market is projected to grow from USD 18.3 million in 2024 to USD 35.8 million by 2030 at a CAGR of 11.8% during the forecast period. Some of the major players in the hydrogen automotive Testing, Inspection, and Certification (TIC) market are TÜV SÜD (Germany), UL LLC (US), Applus+ (Spain), TÜV Rheinland (Germany), Kiwa (Netherlands), Intertek Group plc (UK), DEKRA IN (Germany), Société Générale de Surveillance (SGS) SA (Switzerland), Southwest Research Institute (SwRI) (US), and Apave (France). The major strategies these players adopt include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The solar tracker market is projected to reach USD 22.87 billion by 2029, at a CAGR of 17.3% during the forecast period. Some major players in the solar tracker market are Nextracker Inc. (US), Array Technologies Inc. (Mexico), PVHardware (Spain), Soltec (US), Trinasolar (China), ADES TEMPERO GROUP (Spain), Gamechange Solar (US), Aivatechnology (US), and ArcelorMittal (Luxembourg). The major strategies these players adopt include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The coring market is projected to reach USD 688.7 million by 2029 at a CAGR of 7.1% during the forecast period. Some of the major players in the coring market are SLB (US), Halliburton (US), Baker Hughes (US), NOV (US), Deep Industries Limited (India), Geotek Limited (UK), US Coring LLC (US), and Reservoir Group (US). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The global renewable energy certificate (REC) market is projected to reach USD 45.45 billion in 2030; it is estimated to grow at a CAGR of 10.2% during the forecast period. Some of the major players in the renewable energy certificate (REC) market are 3Degrees, Inc. (US), Ecohz (Norway), Statkraft (Norway), Shell Energy (UK), EDF Trading Limited (UK), ENGIE (France), Enel Spa (Italy), STX Group (Netherlands). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The smart grid market is projected to reach USD 161.1 billion by 2029, at a CAGR of 16.9% during the forecast period. Some of the major players in the smart grid market are General Electric Company (US), ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Wipro (India),Globema (Poland), Trilliant Holdings (US), Kamstrup (Denmark), Tech Mahindra (India), Oracle (US), Cisco (US), Eaton (Ireland), ENEL X (Italy), Grid4C (US), Mitsubishi Electric (Japan), and Itron (US) among others. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The global smart meter market is projected to reach USD 46.14 billion in 2030, expected to grow at a CAGR of 9.8% during the forecast period. Some of the major players in the smart meter market are Landis+Gyr (Switzerland), Itron Inc. (US), Sagemcom (France), OSAKI ELECTRIC CO., LTD. (EDMI) (Singapore), Siemens (Germany), and Sensus (Xylem) (US). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
The Screw Compressor market is projected to reach USD 16.30 billion by 2030, at a CAGR of 5.0% during the forecast period. The report profiles key players such as Atlas Copco AB (Sweden), Ingersoll Rand (US), Hitachi, Ltd (Japan), and ELGi (India).
The power quality equipment market is expected to grow from USD 38.19 billion in 2025 to USD 52.47 billion by 2030, at a CAGR of 6.6% during the forecast period. ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Eaton (Ireland), General Electric (US) are some of the prominent players in the global market for power quality equipment. These organizations have been employing strategic initiatives like product developments, acquisitions, partnerships, and expansions to solidify their position in the market and meet the increased demand for sound power quality solutions. With growing grid modernization activities, accelerated industrialization, and augmented use of renewable energy resources, industry players are investing in the latest power quality solutions including intelligent UPS systems, power conditioners, harmonic filters, and voltage regulators. Business firms are also concentrating on digitalization, Internet of Things-based monitoring solutions, and AI-facilitated predictive maintenance to increase operating effectiveness and decrease power disturbances. In addition, mergers and acquisitions have served as a crucial force in expanding markets, enabling firms to increase their product range and gain entry into emerging markets.
The biorefinery market is projected to reach USD 314.62 billion by 2029, at a CAGR of 8.2% during the forecast period. Some of the major players in the biorefinery market are Chevron (US), ADM (US), Valero (US), Neste (Finland), and TotalEnergies (France) among others. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The worldwide green ammonia market is projected to reach USD 6.16 billion by 2030, expanding at a CAGR of 66.0% during the forecasting period. Some of the major players in the Green Ammonia market are Siemens Energy (Germany), ACME Group (India), Iberdrola, S.A. (Spain), ThyssenKrupp AG (Germany), Nel ASA (Norway), and Yara (Norway) among others. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The pressure switch market is expected to grow from USD 2.80 billion in 2025 to USD 3.51 billion by 2030, at a CAGR of 4.6% during the forecast period. Major players in the global pressure switch market, including ABB (Switzerland), Eaton (Ireland), Danfoss (Denmark), and PARKER HANNIFIN CORP (US), are major drivers of innovation and technological development.
The Variable Frequency Drive market is projected to reach USD 30.36 billion by 2029, at a CAGR of 5.3% during the forecast period. The report profiles key players such as ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Danfoss (Denmark), and Rockwell Automation (US).
The diesel generator market is forecast to reach USD 23.38 billion by 2029 from an estimated USD 17.93 billion in 2024, at a CAGR of 5.4% during the forecast period (2024-2029). Some of the major players in the Diesel generator market are Caterpillar (USA), Cummins Inc., (USA), Generac power systems, Inc (USA), Rolls-Royce PLC (UK), Mitsubishi Heavy Industries, ltd (Japan). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The smart water meters market is projected to reaach USD 9.04 billion by 2030, at a CAGR of 11.9% during the forecast period. The smart water meters market is dominated by major players that have a wide regional presence. Some of the key players in the smart water meters market are Badger Meter, Inc. (US), Sensus (Xylem) (US), Diehl Stiftung & Co. KG. (Germany), Landis+Gyr (Switzerland), and Itron, Inc. (US), ZENNER International GmbH & Co.KG (Germany), Sagemcom (France), Arad Group (Israel), Honeywell International Inc. (US), Aclara (Hubbell) (US), Kamstrup (Denmark), and Wasion Holdings International (China) among others.
The Energy as a service market is projected to reach USD 100.34 billion by 2030, at a CAGR of 11.6% during the forecast period. The energy as a service market is dominated by major players that have a wide regional presence. Some of the key players in the energy as a service market are Johnson Controls (Ireland), Veolia (France), Schneider Electric (France), Ameresco (US), Siemens (Germany), EDF Energy (US), Edison International (US), GE Vernova (US), Honeywell International Inc. (US), Centrica plc (UK), Alpiq Holding AG (Switzerland), and Duke Energy Corporation (US) among others.
The continuous thermal monitoring market is projected to reach USD 1.49 billion by 2030, at a CAGR of 6.8% during the forecast period. The report profiles key players such as Schneider Electric (France), Siemens (Germany), ABB (Switzerland), Honeywell International Inc. (US), and Teledyne Technologies (US).
The worldwide hydrogen fueling station market is projected to reach USD 1.8 billion by 2030, expanding at a CAGR of 23.8% during the forecast period. Some of the major players in the Hydrogen fueling stations market are Air Liquide (France), Linde PLC (Ireland), Air Products and Chemicals, Inc. (US), Nel ASA (Norway), MAXIMATOR Hydrogen GmbH (Germany) and Hydrogen Refueling Solutions (France) among others. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The Energy Management System market is projected to reach USD 84.34 billion by 2029, at a CAGR of 13.8 % during the forecast period. The Energy Management System market is dominated by a few major players that have a wide regional presence. The major players in the Energy Management System market are ABB (Switzerland), Siemens (Germany), Schneider Electric (France), General Electric Company (US), and Emerson (US). Between 2020 and 2024, Strategies such as product launches, contracts, agreements, partnerships, collaborations and acquisition sare followed by these companies to capture a larger share of the Energy Management System market.
The building integrated photovoltaic market is projected to reach USD 27.41 billion by 2029, at a CAGR of 17.0% during the forecast period. The building integrated photovoltaic market is dominated by a few major players that have a strong geographical presence. The major players in the building integrated photovoltaic market include LONGi (China), JinkoSolar (China), JA SOLAR Technology Co., Ltd. (China), AGC Inc. (Japan), and Canadian Solar (Canada). Between 2020 and 2024, strategies such as new product launches, contracts, agreements, acquisitions, and expansions are followed by these companies to capture a larger share of the building integrated photovoltaic market.
The electric motors market is projected to reach USD 206.4 billion by 2029, at a CAGR of 6.3% during the forecast period (2024-2029). Some of the major players in the electric motors market are ABB (Switzerland), Siemens (Germany), WEG (Brazil), Wolong Electric (China), and NIDEC CORPORATION (Japan). The major strategies adopted by these players include sales contracts, product launches, investments, collaborations, partnerships, and expansions.
The global bifacial solar market size is projected to reach USD 37.6 billion by 2029; the market is estimated to expand at a CAGR of 15.2% during the forecast period. Some of the major players in the bifacial solar market are LONGi (China), Trinasolar (China), Canadian Solar (Canada), JA SOLAR Technology Co., Ltd. (China), and SHARP CORPORATION (Japan). The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The engine market is projected to reach USD 477.89 billion by 2029, at a CAGR of 4.8% during the forecast period. and the generator market is projected to reach USD 32.98 billion by 2030, at a CAGR of 5.4% during the forecast period. The report profiles key players such as Caterpillar (US), Cummins Inc. (US), General Electric Company (US), RTX (US), General Motors (US), Rolls-Royce Plc (UK), Mitsubishi Heavy Industries, Ltd. (Japan), Honeywell International Inc. (US), AB Volvo (Sweden), Scania (Sweden).
The electrical bushings market is projected to reach USD 4.77 billion by 2029, growing at a CAGR of 5.4% during the forecast period. The major players in the market are ABB (Switzerland), Siemens (Germany), Trench Group (Germany), General Electric Company (US), Schneider Electric (France), and Eaton (Ireland), which are taking advantage of their technological leadership, high R&D activities, and wide global reach to maintain a competitive edge in the global electrical bushings market. ABB is working on innovation and product customizations through its digital solutions and strong portfolio in high-voltage applications. Siemens has been very strong through smart grid technologies and advanced materials used in the insulation; they can maintain maximum reliability and efficiency. Trench Group relies on specialized expertise to build high-performance bushings in highly demanding applications. General Electric has utilized its global manufacturing footprint and its focus on energy transition initiatives to create an eco-friendly solution that has high durability. Schneider Electric is quite strong in energy management and sustainability. Its products are designed to enhance system efficiency. Eaton differs itself through modular designs and cost-effective solutions, as per customer needs. All these players use the strategy of partnerships, acquisitions, regional expansions, and investments in sustainability to drive growth and further strengthen their positions in this emerging market..
The global bus duct market is projected to reach USD 16.60 billion by 2029, registering a CAGR of 5.2% during the forecast period. Some of the major players across the globe in this bus duct market are ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Eaton (Ireland), and Legrand (France). These companies have aggressively embraced various strategies to enhance their presence and respond to the increasing demand for efficient power distribution systems. Key strategic steps include the development of new products for advanced bus duct technology, a strategic acquisition that broadens the present product offerings, and partnerships that expand their reach into newer markets.
The long duration energy storage (LDES) market is projected to reach USD 10.43 billion by 2030, at a CAGR of 13.6% during the forecast period. The report profiles key players such as The Sumitomo Electric Industries, Ltd. (Japan), ESS Tech, Inc. (US), Energy Vault, Inc. (US), Eos Energy Enterprises (US), Invinity Energy Systems (England), MAN Energy Solutions (Germany), Highview Power (UK), Primus Power (US), CMBlu Energy AG (Germany), and Malta Inc. (US) among others.
The AC motor market is projected to reach USD 6.60 billion by 2029, at a CAGR of 7.5% during the forecast period. The report profiles key players such as ABB (Switzerland), Siemens (Germany), GE Vernova (US), WEG (Brazil) and NIDEC (Japan).
The nuclear power market is projected to reach USD 44.71 billion by 2029, which translates into a CAGR of 2.9% during the forecast period. The report profiles key players such as The State Atomic Energy Corporation ROSATOM (Russia), EDF (France), MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan), AtkinsRéalis (Canada), Westinghouse Electric Company LLC. (US), Rolls-Royce plc (UK), NuScale Power, LLC. (US), China National Nuclear Corporation (China), Holtec International (US), ULTRA SAFE NUCLEAR (US), and Seaborg Technologies (Denmark) Among others.
The residential energy storage market is projected to reach USD 4.58 billion by 2030 at a CAGR of 9.3% during the forecast period. Some of the major players in the residential energy storage market are Panasonic Holdings Corporation (Japan), Tesla (US), Sonnen GmbH (Germany), BYD Company Ltd. (China), and Enphase Energy (US) among others. The major strategies adopted by these players include new product launches, acquisitions, joint ventures, and expansions.
The pumps market is projected to reach USD 79.01 billion by 2029, growing at a CAGR of 5.2% during the forecast period. Diversified strategies are being used by key players in the global pumps market, including Grundfos Holding A/S (Denmark), Xylem (US), Flowserve Corporation (US), KSB Limited (India), and Sulzer Ltd (Switzerland) for maintaining the competitive advantage. These companies are continuous innovators and focus on investing in R&D efforts to launch energy-efficient and digitally enabled pumps to align with the growth of sustainable and IoT-integrated solutions. They are also building their geographic footprint through strategic acquisitions and partnerships in order to expand market reach and respond to region-specific requirements, especially in new markets across Asia and the Middle East. In addition, many are giving greater priority to expansion of after-sales service and customized offerings in areas ranging from water treatment to oil and gas. Sustainability initiatives, including the development of eco-friendly and energy-efficient pumps, remain at the heart of their approach as environmental regulations worldwide are becoming ever stringent. The companies therefore enable these companies to increasingly cater to changing customer needs, thereby maintaining leadership in such a competitive marketplace across the world.
The Electrolyzers market is projected to reach USD 78.01 billion by 2030, at a CAGR of 65.9% during the forecast period. Some of the major players in the Electrolyzers market as Siemens Energy (Germany), Nel ASA (Norway), thyssenkrupp nucera (Germany), John Cockerill (Belgium), Plug Power Inc. (US), among others. The major strategies adopted by these players include new product launches, acquisitions, joint ventures, and expansions.
The Distributed energy resource management systems (DERMS) market is projected to reach USD 1.44 billion by 2029, at a CAGR of 18.8% during the forecast period. Some of the major players in the DERMS market Siemens (Germany), General Electric Company (US), Schneider Electric (France), ABB (Switzerland), and Hitachi, Ltd. (Switzerland), among others. The major strategies adopted by these players include new product launches, acquisitions, joint ventures, and expansions.
The gas-insulated switchgear market is projected to reach USD 33.53 billion by 2029. The projected CAGR during the said period stands at 6.1% during the forecast period. Key players in the global gas insulated switchgear market include ABB (Switzerland), Hitachi Ltd. (Japan), Siemens (Germany), Schneider Electric (France), and Eaton (Ireland).
The global shore power market is projected to reach USD 3.58 billion by 2029, growing at a CAGR of 12.0% during the forecast period. The world shore power market is influenced by strategic moves of key players, including ABB (Switzerland), Siemens (Germany), Schneider Electric (France), GE (US), and Cavotec SA (Switzerland), which focus on developing shore power solutions with the state-of-the-art technology to fully meet demand from ports regarding cleaner and more efficient energy supply. Some of the strategies include very innovative products such as advanced frequency converters and energy management systems to reduce emissions from docked ships. Other major approaches towards the expansion of their technological capability and increasing market reach are acquisitions and partnerships by which they can cater to more diverse geographic regions and stricter environmental regulations across the globe.
The small modular reactor market is projected to reach USD 7.14 billion by 2030 at the CAGR of 3.0% during the forecast period. Some of the major players in the small modular reactor market are State Atomic Energy Corporation Rosatom (Russia), China National Nuclear Corporation (China), Westinghouse Electric Company (US), MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan), GE Hitachi Nuclear Energy (US) among others. The major strategies adopted by these players include partnerships, contracts , acquisitions, joint ventures, and expansions.
The Generator market is projected to reach USD 32.98 billion by 2030, registering a CAGR of 5.4% during the forecast period. The report profiles key players such Caterpillar (US), Cummins Inc. (US), Rolls-Royce Holdings (UK), Generac (US), Mitsubishi Heavy Industries (Japan), MAN Energy Solutions (Germany) and Briggs & Stratton (US).
The relay market is projected to reach USD 15.20 billion by 2030 at the CAGR of 7.0% during the forecast period. Some of the major players in the relay market are Panasonic Holdings Corporation (Japan), HONGFA (China), TE Connectivity (Switzerland), OMRON Corporation (Japan), and GE Vernova Inc. (US) among others. The major strategies adopted by these players include new product launches, acquisitions, joint ventures, and expansions.
The engine market is projected to reach USD 477.89 billion by 2029, at a CAGR of 4.8% during the forecast period. The report profiles key players such as Caterpillar (US), Cummins Inc. (US), General Electric Company (US), RTX (US), General Motors (US), Rolls-Royce Plc (UK), Mitsubishi Heavy Industries, Ltd. (Japan), Honeywell International Inc. (US), AB Volvo (Sweden), Scania (Sweden).
The plastic hot and cold pipe market is projected to reach USD 9.96 billion by 2029, at a CAGR of 6.6% during the forecast period. The report profiles key players such as Georg Fischer Ltd. (Switzerland), Genuit Group (UK), Wienerberger (Austria), Advanced Drainage Systems (US), Aliaxis (Belgium), RWC. (Australia), RIFENG Enterprise Group Co., Ltd. (China), supreme.co.in (India), Chevron Philips Chemical Company LLC. (US), REHAU (Switzerland).
The global busbar market size is projected to reach USD 19.70 billion by 2029 at a CAGR of 5.5% over the forecast period. Some of the major players across the globe in this busbar market are ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Eaton (Ireland), and Mersen (France). These companies have aggressively embraced various strategies to enhance their presence and respond to the increasing demand for efficient power distribution systems. Key strategic steps include the development of new products for advanced busbar technology, a strategic acquisition that broadens the present product offerings, and partnerships that expand their reach into newer markets.
The bulk filtration market is projected to reach USD 18.76 billion by 2030 at the CAGR of 5.5% during the forecast period. Some of the major players in the bulk filtration market are Parker Hannifin Corp (US), Donaldson Company, Inc. (US), Filtration Group (US), MANN+HUMMEL (US), Eaton (Ireland) among others. The major strategies adopted by these players include new product launches, acquisitions, joint ventures, and expansions.
The African centrifugal pump market is projected to reach USD 903.1 million by 2030. at compound annual growth rate (CAGR) of 5.5% during the forecast period. Grundfos Holding A/S (Denmark), Xylem Inc. (US), Sulzer (Switzerland), KSB (Germany), Wilo (Germany), Weir (UK), Ruhrpumpen Group (US), and EBARA Corporation (Japan) are the major companies in the centrifugal pump market in Africa.
The power factor correction market is expected to grow from an estimated USD 3.3 billion by 2030 from an estimated USD 2.4 billion in 2024, at a CAGR of 5.5% during the forecast period. Some of the major players in the power factor correction market are GE Vernova (US), ABB (Switzerland), Hitachi Energy Ltd (Switzerland), Schneider Electric (France), and Eaton (Ireland) among others. The major strategies adopted by these players include new product launches, acquisitions, contracts, agreements, partnerships, joint ventures, collaborations, investments, and expansions.
The air starter market is projected to reach USD 559 million by 2029, at a CAGR of 4.5% during the forecast period. Some of the major players in the Air Starter market are Ingersoll Rand (US), Caterpillar (US), Rheinmetall AG (Germany), Honeywell International Inc. (US), TLD (France), Maradyne (US), SPICO (South Korea), JetAll (US), Guinalt (France), MASCO (US), KH Equipment (Australia), TDI (US), Hilliard Corporation (US), Textron Specialized vehicles (US) among others. The major strategies adopted by these players include new product launches, joint ventures, collaborations, investments, and expansions.