Instrument transformers market to surpass $8.9 B by 2031
The global instrument transformers market is forecast to grow at a CAGR of 7.7 % from 2023 to 2031, reaching $ 8.9 B by 2031.
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Switchgear market size to reach nearly $90 B by 2034
The global medium voltage switchgear market size, growing at a CAGR of 7.65 % from 2025 to 2034, is projected to reach $89.7 B by 2034.
AI-embedded drone grid defect inspector wins APEC smart grid award
APEC Energy Smart Communities Initiative (ESCI) awarded Power-hawk Inspector for their drone-based inspection system using embedded AI to identify power grid defects in real time.