Analytics, Research & Consulting Voltage Detector Market | Page 4

 Rising investments in various sector including oil and gas sector, power and transmission, gas processing and petrochemical is likely to drive the market in the future.  Renewable Energy is another impacting factor that has gained rapid adoption across the globe. The Renewable Energy systems requires a whole set of new facilities for connecting the power output to the conventional grids. As the shift towards renewable energy remains prevalent, the market will get fueled correspondingly for voltage detection units.  Increasing renewable energy generation such as solar energy, wind energy, biomass among others to drive the continuous DC voltage detector market. According to U.S. Energy Information Administration, 13% of the U.S. electricity is produced by renewable energy sources. Further, increasing fossil fuels prices along with economic benefits of renewable energy generation to drive the renewable generation market which in turn will fuel the continuous DC voltage detector market. Contact : [email protected]