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Transformer Monitoring Market to Hit $4.98B by 2031, MarketsandMarkets Says

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Transformer Monitoring Market to Hit $4.98B by 2031, MarketsandMarkets Says

Delray Beach, Fla. -- Aug. 31, 2026 -- The global transformer monitoring market will grow from $3.11 billion in 2026 to $4.98 billion by 2031, a 9.9% compound annual growth rate, according to MarketsandMarkets. The firm placed the 2025 market size at $2.84 billion. Utilities and industrial operators are driving the expansion by prioritizing transformer reliability and asset health as aging fleets and rising renewable integration strain existing grid infrastructure.

India Enterprise Telecom Market to Hit INR 954 Billion by FY2030

MUMBAI, India -- Aug. 31, 2026 -- India's enterprise telecom services market is on track to reach INR 954 billion by FY2030, according to Frost & Sullivan's India Enterprise Telecom Tracker released Aug. 31, 2026. The quarterly intelligence program covers fixed data, mobility, data center, fixed voice, and cloud communication services. Frost & Sullivan attributed the growth to cloud migration, AI workload adoption, and a shift toward integrated connectivity across cloud, data centers, and edge environments.

LGMG Tops Global Wide-Body Mining Truck Sales for Tenth Straight Year

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LGMG Tops Global Wide-Body Mining Truck Sales for Tenth Straight Year

JINAN, China -- September 01, 2026 -- Frost & Sullivan confirmed that LGMG ranked first in global sales of off-highway mechanical drive wide-body dump trucks for ten consecutive years, according to a 2026 market report covering the 2016-2025 period. The Jinan-based manufacturer operates in a field of just 15 to 20 companies worldwide, competing against Komatsu, Caterpillar, XCMG, SANY and TONLY. LGMG's trucks carry loads ranging from 40 to 150 tons and serve open-pit mining and large-scale construction sites.