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Continuent Releases Tungsten Dashboard v8, an Upgrade to Its Web-Based Interface for Managing and Monitoring MySQL Clusters

Continuent Releases Tungsten Dashboard v8, an Upgrade to Its Web-Based Interface for Managing and Monitoring MySQL Clusters

Yahoo13-05-2025
New release enhances cluster management with improved usability, security and real-time monitoring
SAN FRANCISCO, May 13, 2025 /PRNewswire/ -- Continuent, a leading provider of solutions for business-critical applications using MySQL and MariaDB databases, featuring cluster management, data replication and connectivity, today announced the release of Tungsten Dashboard version 8, a major update to its web-based graphical interface for managing and monitoring Tungsten Clusters. The new version delivers significant improvements in operational efficiency, security and user experience to further simplify the way administrators interact with their database clusters in real time.
"As today's data environments become more distributed and demanding, IT teams need a unified solution that delivers real-time insight, secure access and operational control without added complexity," said Eero Teerikorpi, CEO of Continuent. "Tungsten Dashboard v8 brings these capabilities together in one streamlined user interface. It makes it easier for teams to monitor, manage and scale their MySQL and MariaDB infrastructure with confidence, clarity and control."
Tungsten Dashboard has long provided organizations with a centralized view of their multi-site, multi-primary - active/passive and active/active - MySQL deployments. With support for seamless management and monitoring of complex topologies, the dashboard has been a core tool for reducing administrative overhead and enhancing cluster reliability. Tungsten Dashboard v8 builds on this foundation with a suite of new features designed to make cluster operations more intuitive, secure and responsive.
Key enhancements include:
Improved Operations
Real-time cluster monitoring enables instant visibility into cluster health and status.
User-friendly operation triggers allow administrators to execute commands more easily and safely.
Advanced filtering and search tools streamline the discovery of specific resources or events within large cluster environments.
Simplified deployment through support for Docker Compose and Helm accelerates installation and onboarding.
Enhanced Security
End-to-end encryption of sensitive data ensures data integrity and confidentiality.
Role-based user management enables granular access control, supporting compliance with security policies.
Token-based authentication and full SSL support provide secure, end-to-end communication—from the user's browser, through the dashboard frontend and backend, and all the way to the cluster nodes.
Efficient Communication Protocol
Publish/subscribe architecture over persistent TCP connections reduces latency and ensures fast updates without overloading cluster resources.
Low-impact design minimizes performance degradation during active monitoring.
Automatic cluster discovery from a single entry point accelerates setup and simplifies operations in dynamic environments.
Tungsten Dashboard v8 is available now for existing customers and can be installed as a standalone component or alongside new and existing Tungsten Clusters. Installation and upgrade instructions are available in the official documentation.
For more information about Tungsten Dashboard v8 or Continuent's full suite of high-availability MySQL solutions, visit www.continuent.com.
About ContinuentContinuent is a leading provider of solutions for business-critical applications using MySQL and MariaDB databases, including cluster management, replication, and connectivity. Driving the deployment and management of open-source MySQL databases at scale, Continuent supports continuous global database operations with commercial-grade high availability, best-in-class disaster recovery, and seamless data distribution across multiple geographic regions. Whether on-premises, hybrid-cloud or multi-cloud, Continuent facilitates the integration of MySQL databases with various cloud platforms, ensuring optimal reliability and scalability in cloud-based deployments. Continuent safeguards more than $25 billion of its customers' combined revenue, handling billions of transactions each year by SaaS applications, e-commerce platforms, financial services and telecom solutions. With roots in Finland and based in the San Francisco Bay Area, Continuent is trusted by Fortune 500 companies in North America and Europe across a wide range of industries, since 2004. For more information, visit https://www.continuent.com.
Media contacts:Michael TeboGabriel Marketing Group (for Continuent)Phone: (703) 829-6089Email: michaelt@gabrielmarketing.com
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Graphic Packaging Holding Company Reports Second Quarter 2025 Financial Results
Graphic Packaging Holding Company Reports Second Quarter 2025 Financial Results

Yahoo

time40 minutes ago

  • Yahoo

Graphic Packaging Holding Company Reports Second Quarter 2025 Financial Results

Second Quarter Highlights Waco, Texas recycled paperboard investment on track for Q4 2025 startup Packaging volumes +1% Innovation Sales Growth of $61 million Recycled Materials Association adds paper cups to recycling specifications $111 million share repurchase reduced outstanding shares by 1.6% ATLANTA, July 29, 2025 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK) ("Graphic Packaging" or the "Company"), a global leader in sustainable consumer packaging, today reported second quarter 2025 results. Net Income in second quarter 2025 was $104 million, or $0.34 per diluted share, versus $190 million, or $0.62 per diluted share in second quarter 2024. Second quarter 2025 and 2024 Net Income was impacted by special items and amortization of purchased intangibles of $24 million net charge and $7 million net gain, respectively. Excluding special items and amortization of purchased intangibles, Adjusted Net Income for the second quarter of 2025 was $128 million, or $0.42 per diluted share, and $183 million, or $0.60 per diluted share in second quarter 2024. Michael Doss, the Company's President and CEO said, "Promotional activity drove modestly better than expected volumes in the second quarter. Conversations with our customers suggest potential for increased emphasis on volume growth and protecting share in the year ahead. As these customers refine their strategies, we are working closely with them to support their plans. With our Waco, Texas recycled paperboard investment nearing completion, our capital spending will decline sharply in 2026, and we expect to generate cash well in excess of our internal needs for years to come. We expect to return substantial cash to stockholders through dividends and share repurchase, and reach investment grade over time. Investments like Waco and Kalamazoo, and our world-class innovation platform have positioned Graphic Packaging as the supplier of choice for many of the world's largest consumer staples companies, quick service restaurants, and retailers." Operating Results Net Sales Second quarter 2025 Net Sales decreased 1% to $2,204 million, versus $2,237 million in the same quarter last year. The $33 million decline was driven by a $40 million impact from the divestiture of the Augusta, GA bleached paperboard manufacturing facility and reduced open market sales participation, partially offset by a $20 million favorable foreign exchange impact, while modest price pressure was partially offset by a modest volume increase. EBITDA Second quarter 2025 EBITDA decreased 29% to $323 million. Excluding the impact of business combinations and other special items, Adjusted EBITDA was $336 million versus $402 million in the same quarter last year. The decline in Adjusted EBITDA was driven by a $23 million decrease in price; $26 million of labor and benefits inflation; $10 million of input cost inflation; and a $5 million decrease relating to the divestiture of the Augusta, GA bleached paperboard manufacturing facility and reduced open market sales participation. Net Performance was negative, as actions taken to reduce inventory and related production inefficiencies more than offset the positive impact from modestly better packaging volumes (together a net negative $13 million). Foreign exchange had a favorable impact of $11 million. Second quarter Adjusted EBITDA Margin was 15.3% in 2025, and 18.0% in 2024. Other Results Total Debt (Long-Term, Short-Term and Current Portion) was $5,859 million in second quarter 2025 compared to $5,209 million in fourth quarter 2024. Net Debt (Total Debt less Cash and Cash Equivalents) was $5,739 million in second quarter 2025 compared to $5,052 million in fourth quarter 2024. The Company's second quarter 2025 Net Leverage Ratio was 3.7x compared to 3.0x in fourth quarter 2024. Capital expenditures in second quarter 2025 were $228 million, versus $249 million in the same quarter last year. The Company returned approximately $177 million to stockholders during the first six months of 2025 through regular dividends and share repurchase activity. During the second quarter, the Company repurchased approximately 1.6%, or approximately 5.0 million shares of its common stock outstanding, for $111 million. Regular dividends of approximately $33 million and $33 million were paid in the first and second quarter, respectively. 2025 Annual Guidance and Commentary The Company currently expects full-year 2025 Net Sales, Adjusted EBITDA, and Adjusted EPS, including foreign exchange impact, of $8.4 billion to $8.6 billion, $1.45 billion to $1.55 billion, and $1.90 to $2.20, respectively. The changes from prior guidance reflect actual first half performance and a narrowing of and modest increase in second half revenue expectations. Volume and market uncertainty remain higher than normal. Full-year 2025 capital spending is currently expected to be approximately $850 million. The increase in expected capital spending reflects higher final design and construction costs at the Company's Waco, Texas recycled paperboard facility. These higher costs are not expected to materially affect total project returns. The Company expects the increased spending to be offset by lower cash taxes and reduced working capital, leaving expected 2025 free cash flow unchanged. Innovation Sales Growth, Net Performance, and Non-GAAP Reconciliations We define Innovation Sales Growth as incremental sales of a product that delivers a significant change in materials used, package functionality, or design to a new or existing customer. We define Net Performance as the impact of cost and productivity initiatives, production efficiencies and/or disruptions, and other operating impacts. A tabular reconciliation of EBITDA, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Net Income, Adjusted EPS, Adjusted Net Cash Provided by Operating Activities, Adjusted Cash Flow, Net Debt and Net Leverage is attached to this release. Earnings Call The Company will host a conference call at 10:00 a.m. ET today (July 29, 2025) to discuss the results of second quarter 2025. The conference call will be webcast and can be accessed from the Investors website at Participants may also listen via telephone by using the following dial-in numbers: Toll-Free: 888-506-0062International: 973-528-0011Participant Access Code: 582640 Investors: Media: Comms@ Forward Looking Statements Any statements of the Company's expectations in this press release, including but not limited to capital spending in 2026, timing for reaching investment grade status, 2025 net sales, Adjusted EBITDA and Adjusted Earning per Diluted Share guidance, and 2025 commentary on full year 2025 capital spending, cash taxes, working capital and cash flow, constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on currently available information and are subject to various risks and uncertainties that could cause actual results to differ materially from the Company's present expectations. These risks and uncertainties include, but are not limited to, inflation of and volatility in raw material and energy costs, continuing pressure for lower cost products, the Company's ability to implement its business strategies, including productivity initiatives, cost reduction plans, as well as the Company's debt level, currency movements and other risks of conducting business internationally and the impact of regulatory and litigation matters, including the continued availability of the Company's U.S. federal income tax attributes to offset U.S. federal income taxes and the timing related to the Company's future U.S. federal income tax payments. Undue reliance should not be placed on such forward-looking statements, as such statements speak only as of the date on which they are made and the Company undertakes no obligation to update such statements, except as required by law. Additional information regarding these and other risks is contained in the Company's periodic filings with the SEC. About Graphic Packaging Holding Company Graphic Packaging Holding Company (NYSE: GPK), headquartered in Atlanta, Georgia, designs and produces consumer packaging made primarily from renewable or recycled materials. An industry leader in innovation, the Company is committed to reducing the environmental footprint of consumer packaging. Graphic Packaging operates a global network of design and manufacturing facilities serving the world's most widely recognized brands in food, beverage, foodservice, household, and other consumer products. Learn more at GRAPHIC PACKAGING HOLDING COMPANY CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) ‌Three Months Ended June 30, Six Months Ended June 30, In millions, except per share amounts 2025 2024 2025 2024 Net Sales $ 2,204 $ 2,237 $ 4,324 $ 4,496 Cost of Sales 1,784 1,756 3,459 3,489 Selling, General and Administrative 204 197 400 412 Other Expense, Net 10 16 26 32 Business Combinations, Exit Activities and Other Special Items, Net 13 (56) 25 (39) Income from Operations 193 324 414 602 Nonoperating Pension and Postretirement Benefit Expense (1) — (1) (1) Interest Expense, Net (53) (60) (104) (119) Income before Income Taxes 139 264 309 482 Income Tax Expense (35) (74) (78) (127) Net Income $ 104 $ 190 $ 231 $ 355 ‌ Net Income Per Share – Basic $ 0.35 $ 0.62 $ 0.77 $ 1.16 Net Income Per Share – Diluted $ 0.34 $ 0.62 $ 0.76 $ 1.15 ‌ Weighted Average Number of Shares Outstanding – Basic 301.2 305.7 301.7 306.7 Weighted Average Number of Shares Outstanding – Diluted 301.6 306.9 302.4 307.9 GRAPHIC PACKAGING HOLDING COMPANY CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) ‌ In millions, except share and per share amounts June 30, 2025 December 31, 2024 ASSETS Current Assets: Cash and Cash Equivalents $ 120 $ 157 Receivables, Net 866 759 Inventories, Net 1,805 1,754 Assets Held for Sale 18 15 Other Current Assets 159 99 Total Current Assets 2,968 2,784 Property, Plant and Equipment, Net 5,598 5,258 Goodwill 2,063 1,993 Intangible Assets, Net 698 667 Other Assets 468 442 Total Assets $ 11,795 $ 11,144 ‌ LIABILITIES Current Liabilities: Short-Term Debt and Current Portion of Long-Term Debt $ 443 $ 39 Accounts Payable 977 1,116 Other Accrued Liabilities 652 748 Total Current Liabilities 2,072 1,903 Long-Term Debt 5,392 5,145 Deferred Income Tax Liabilities 626 613 Other Noncurrent Liabilities 486 470 ‌ SHAREHOLDERS' EQUITY Preferred Stock, par value $.01 per share; 100,000,000 shares authorized; no shares issued or outstanding — — Common Stock, par value $0.01 per share; 1,000,000,000 shares authorized; 297,068,106 and 300,163,372 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 3 3 Capital in Excess of Par Value 1,990 2,054 Retained Earnings 1,494 1,410 Accumulated Other Comprehensive Loss (269) (455) Total Graphic Packaging Holding Company Shareholders' Equity 3,218 3,012 Noncontrolling Interest 1 1 Total Equity 3,219 3,013 Total Liabilities and Shareholders' Equity $ 11,795 $ 11,144 GRAPHIC PACKAGING HOLDING COMPANY CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) ‌Six Months Ended June 30, In millions 2025 2024 CASH FLOWS FROM OPERATING ACTIVITIES: Net Income $ 231 $ 355 Adjustments to Reconcile Net Income to Net Cash Provided by (Used in) Operating Activities: Depreciation and Amortization 261 281 Amortization of Deferred Debt Issuance Costs 3 3 Deferred Income Taxes 16 (70) Gain on Disposal of Business — (75) Share-Based Compensation Expense, Net (1) 37 Other, Net (13) (10) Changes in Operating Assets and Liabilities (404) (357) Net Cash Provided by Operating Activities 93 164 ‌ CASH FLOWS FROM INVESTING ACTIVITIES: Capital Spending (541) (580) Acquisition of Businesses and Assets (29) — Proceeds from the Sale of Business and Properties 12 711 Beneficial Interest on Sold Receivables 110 96 Beneficial Interest Obtained in Exchange for Proceeds (54) (50) Other, Net (3) (2) Net Cash (Used in) Provided by Investing Activities (505) 175 ‌ CASH FLOWS FROM FINANCING ACTIVITIES: Repurchase of Common Stock (110) (200) Retirement of Long-Term Debt — (400) Payments on Debt (6) (19) Proceeds from Issuance of Debt 99 756 Borrowings under Revolving Credit Facilities 2,077 2,479 Payments on Revolving Credit Facilities (1,599) (2,892) Repurchase of Common Stock related to Share-Based Payments (32) (23) Debt Issuance Costs (1) (14) Dividends Paid (63) (61) Other, Net (3) 6 Net Cash Provided by (Used in) Financing Activities 362 (368) Decrease in Cash and Cash Equivalents (50) (29) Effect of Exchange Rate Changes on Cash 13 (8) Net Decrease in Cash and Cash Equivalents (37) (37) Cash and Cash Equivalents at Beginning of Period 157 162 Cash and Cash Equivalents at End of Period $ 120 $ 125 GRAPHIC PACKAGING HOLDING COMPANYReconciliation of Non-GAAP Financial Measures The tables below set forth the calculation of the Company's earnings before interest expense, income tax expense, depreciation and amortization, including pension amortization ("EBITDA"), Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income, Adjusted Earnings Per Share, Adjusted Net Cash Provided by Operating Activities, Adjusted Cash Flow, Net Leverage Ratio, and Total Net Debt. Adjusted EBITDA and Adjusted Net Income exclude gains or charges associated with: the Company's business combinations, facility shutdowns, and other special items. The Company's management believes that the presentation of EBITDA, Adjusted EBITDA, Adjusted Net Income, Adjusted Earnings Per Share, Adjusted Net Cash Provided by Operating Activities, Adjusted Cash Flow, and Net Leverage Ratio provides useful information to investors because these measures are regularly used by management in assessing the Company's performance. EBITDA, Adjusted EBITDA, Adjusted Net Income, Adjusted Earnings Per Share, Adjusted Net Cash Provided by Operating Activities, Adjusted Cash Flow, and Net Leverage Ratio are financial measures not calculated in accordance with generally accepted accounting principles in the United States ("GAAP"), and are not measures of net income, operating income, operating performance, or liquidity presented in accordance with GAAP. EBITDA, Adjusted EBITDA, Adjusted Net Income, Adjusted Earnings Per Share, Adjusted Net Cash Provided by Operating Activities, Adjusted Cash Flow, and Net Leverage Ratio should be considered in addition to results prepared in accordance with GAAP, but should not be considered substitutes for or superior to GAAP results. In addition, our EBITDA, Adjusted EBITDA, Adjusted Net Income, Adjusted Earnings Per Share, Adjusted Net Cash Provided by Operating Activities, Adjusted Cash Flow, and Net Leverage Ratio may not be comparable to Adjusted EBITDA or similarly titled measures utilized by other companies since such other companies may not calculate such measures in the same manner as we Months Ended June 30,Six Months Ended June 30, In millions, except per share amounts 2025 20242025 2024 Net Income $ 104 $ 190$ 231 $ 355 Add (Subtract):Income Tax Expense 35 7478 127 Interest Expense, Net 53 60104 119 Depreciation and Amortization 131 134263 283 EBITDA 323 458676 884 (Gains) Charges Associated with Business Combinations, Exit Activities and Other Special Items, Net 13 (56)25 (39) Adjusted EBITDA $ 336 $ 402$ 701 $ 845 Adjusted EBITDA Margin (Adjusted EBITDA/Net Sales) 15.3 % 18.0 %16.2 % 18.8 % Net Income $ 104 $ 190$ 231 $ 355 (Gains) Charges Associated with Business Combinations, Exit Activities and Other Special Items, Net 13 (56)25 (39) Accelerated Depreciation Related to Exit Activities 4 38 15 Amortization Related to Purchased Intangible Assets 15 1534 31 Tax Impact of Adjustments (8) 31(16) 24 Adjusted Net Income $ 128 $ 183$ 282 $ 386 Adjusted Earnings Per Share – Basic $ 0.42 $ 0.60$ 0.93 $ 1.26 Adjusted Earnings Per Share – Diluted $ 0.42 $ 0.60$ 0.93 $ 1.25 GRAPHIC PACKAGING HOLDING COMPANY Reconciliation of Non-GAAP Financial Measures (Continued) ‌Twelve Months Ended In millions June 30, 2025 June 30, 2024 December 31, 2024 Net Income $ 534 $ 721 $ 658 Add (Subtract):Income Tax Expense 180 216 229 Equity Income of Unconsolidated Entity (1) (1) (1) Interest Expense, Net 215 240 230 Depreciation and Amortization 541 600 561 EBITDA $ 1,469 $ 1,776 $ 1,677 Charges Associated with Business Combinations, Exit Activities and Other Special Items, Net 69 8 5 Adjusted EBITDA $ 1,538 $ 1,784 $ 1,682 ‌Calculation of Net Debt: June 30, 2025 June 30, 2024 December 31, 2024 Short-Term Debt and Current Portion of Long-Term Debt $ 443 $ 327 $ 39 Long-Term Debt (a) 5,416 4,958 5,170 Less:Cash and Cash Equivalents (120) (125) (157) Net Debt $ 5,739 $ 5,160 $ 5,052 ‌Net Leverage Ratio (Net Debt/Adjusted EBITDA) 3.7 2.9 3.0 (a) Excludes unamortized deferred debt issue costs. Six Months Ended June 30, In millions 2025 2024 Net Cash Provided by Operating Activities $ 93 $ 164 Net Cash Receipts from Receivables Sold included in Investing Activities 56 46 Cash Payments Associated with Business Combinations, Exit Activities and Other Special Items, Net 33 39 Adjusted Net Cash Provided by Operating Activities $ 182 $ 249 Capital Spending (541) (580) Adjusted Cash Flow $ (359) $ (331) View original content to download multimedia: SOURCE Graphic Packaging Holding Company Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Pad-Mounted Switchgear Market worth $7.97 billion by 2030
Pad-Mounted Switchgear Market worth $7.97 billion by 2030

Yahoo

time2 hours ago

  • Yahoo

Pad-Mounted Switchgear Market worth $7.97 billion by 2030

DELRAY BEACH, Fla., July 29, 2025 /PRNewswire/ -- The global Pad-Mounted Switchgear Market is anticipated to grow from estimated USD 6.13 billion in 2025 to USD 7.97 billion by 2030, at a CAGR of 5.4% during the forecast period. The global Pad-Mounted Switchgear Market is expected to grow steadily from 2025 to 2030, driven by the increasing shift toward underground power distribution systems, urban infrastructure expansion, and the upgrading of aging grid networks. As urbanization accelerates and power demands rise in both developed and developing countries, utilities and municipalities are investing in compact, safe, and reliable distribution solutions to ensure continuous power supply. Pad-mounted switchgear is crucial for maintaining electrical safety, operational continuity, and system automation across residential, commercial, and industrial settings. The shift to clean energy, the electrification of public infrastructure, and the rising use of distributed energy resources like rooftop solar and EV charging stations underscore the growing need for intelligent, automation-ready switchgear systems. Additionally, the demand for discreet, weatherproof, and tamper-resistant equipment in densely populated areas is increasing the adoption of pad-mounted switchgear. Digital advancements such as SCADA compatibility, condition monitoring, and arc-resistant designs are turning these systems into smart, modular solutions that meet the demands of modern grids. As utilities strive for greater resilience and fewer outages, especially in disaster-prone or densely populated urban areas, pad-mounted switchgear is becoming a foundational technology in the global power distribution network. Browse in-depth TOC on "Pad-Mounted Switchgear Market" 160 - Tables60 - Figures 220 – Pages Download PDF Brochure: The industrial segment is expected to be the largest application in the Pad-Mounted Switchgear Market. The industrial segment is expected to be the largest application area in the global Pad-Mounted Switchgear Market because of the increasing need for highly reliable and continuous power in critical manufacturing and processing operations. Industries such as oil & gas, chemicals, mining, steel, cement, and automotive rely on robust electrical infrastructure to keep operations running smoothly, prevent costly downtime, and uphold safety standards. Pad-mounted switchgear systems are commonly used in these industrial facilities as they provide compact, tamper-proof, and weather-resistant enclosures suitable for tough environments. These systems enable safe power distribution, fault isolation, and quick service restoration, which are vital for operations that handle high-voltage loads and are often situated in remote or hazardous locations. Moreover, the growing automation of industrial processes and the expansion of industrial zones in emerging economies further boost the demand for advanced and smart pad-mounted switchgear solutions. Their ability to integrate with SCADA systems for real-time monitoring and control also improves operational efficiency, making them a preferred choice for modern industrial power networks. IEC standards are considered to be the largest market for pad-mounted switchgear. IEC standards are considered the largest market segment for pad-mounted switchgear due to their widespread adoption across different regions, especially in Europe, Asia Pacific, the Middle East, and Africa. The International Electrotechnical Commission (IEC) offers a globally recognized framework for designing, testing, and certifying electrical equipment, including pad-mounted switchgear, ensuring safety, reliability, and compatibility across international markets. IEC-compliant switchgear is widely used in utility, industrial, and commercial sectors where compliance with international standards is vital for equipment approvals, bid eligibility, and long-term grid integration. As many countries develop their power infrastructure and procurement policies aligning with global norms, IEC-based products provide manufacturers with scalability and standardized manufacturing processes. The IEC 62271 series, in particular, governs high-voltage switchgear and control gear, guaranteeing performance under various electrical and environmental conditions. Additionally, as modernization efforts accelerate in emerging economies, the demand for IEC-certified pad-mounted switchgear is increasing due to its durable design, suitability for underground distribution systems, and proven performance in both rural and urban settings. This global relevance, combined with rising cross-border infrastructure investments, makes IEC-standard products the dominant choice in the Pad-Mounted Switchgear Market. Europe is likely to emerge as the largest Pad-Mounted Switchgear Market Europe is set to become the largest market for pad-mounted switchgear, fueled by widespread grid modernization efforts, strict regulatory standards, and a strong push toward underground power distribution infrastructure. Many European countries are transitioning from overhead lines to underground systems to improve grid appearance, increase reliability, and guard against environmental disruptions like storms and wildfires. The European Union's ambitious goals for carbon neutrality and energy efficiency, along with directives encouraging the adoption of smart grids and renewable energy, have further boosted demand for advanced distribution technologies such as pad-mounted switchgear. Utilities across the region are increasingly investing in resilient and modular switchgear solutions that support automation, fault detection, and real-time monitoring—key needs for managing expanding decentralized energy networks. Additionally, Europe's dense urban areas and the demand for space-efficient, low-maintenance equipment make pad-mounted switchgear an ideal choice for residential, commercial, and industrial power distribution. With growing investments in green energy corridors, electric vehicle infrastructure, and digital substations, Europe is well-positioned to lead the global Pad-Mounted Switchgear Market during the upcoming years. Key Market Players The key players in this market include Eaton (Ireland), Hubbell (US), ABB (Switzerland), G&W Electric (US), S&C Electric (US), Powell (US), Federal Pacific (US), Entec Electric & Electronic (South Korea), NOJA Power (Australia), TIEPCO (Saudi Arabia), Ghorit Electricals (China), Ningbo Tianan Group (China), Trayer Switchgear (US), KDM Steel (China), Switchgear Power Systems (US), Park Detroit and Park Electric (US), Beijing Kylin Power & Technology (China), Telawne Power Equipments Pvt. Ltd. (India), Ormazabal (Brazil), and Actom (Boksburg). Request Sample Pages: Eaton (Ireland) Eaton (Ireland) is a leading player in the global Pad-Mounted Switchgear Market, known for its innovative, sustainable, and reliable distribution solutions tailored for utility, industrial, and commercial applications. The company offers a comprehensive portfolio of air-insulated, solid dielectric, and SF6-free pad-mounted switchgear designed for underground distribution systems where safety, environmental compliance, and aesthetics are critical. Eaton's switchgear is widely used in grid modernization, electric vehicle (EV) infrastructure, renewable energy zones, and critical facilities like data centers and hospitals. The company integrates advanced automation features into its systems, including remote monitoring, fault location, and FLISR capabilities, enabling utilities to develop self-healing and intelligent distribution networks. Eaton continues to expand its global presence through strategic acquisitions—such as the 50% stake in Jiangsu Huineng Electric Co., Ltd. in China—and collaborations with government and private entities, particularly in the U.S., to improve grid resilience and electrification. With its focus on digital power management, low-carbon technologies, and smart grid integration, Eaton remains a dominant force shaping the next generation of pad-mounted switchgear solutions worldwide. ABB (Switzerland) ABB (Switzerland) is a major global leader in the Pad-Mounted Switchgear Market, offering a wide range of durable, compact, and environmentally friendly solutions designed for medium-voltage underground distribution systems. Utilizing its extensive expertise in power technologies and automation, ABB delivers pad-mounted switchgear built for dependability, safety, and easy integration into smart grids. Its product lineup includes air-insulated, gas-insulated (including SF6-free options), and solid dielectric switchgear, all featuring intelligent controls, sensors, and communication interfaces for remote operation and diagnostics. ABB's pad-mounted switchgear is extensively used by utilities, renewable energy providers, transportation sectors, industrial parks, and critical infrastructure, helping clients improve network efficiency and minimize outage durations. The company places a strong emphasis on digitalization and grid automation, aligning its switchgear products with Industry 4.0 trends and energy transition efforts. ABB has invested heavily in R&D to develop eco-friendly, compact switchgear solutions that meet evolving global standards for emissions and safety. With a robust manufacturing and service presence across key regions, ABB remains a preferred supplier for large-scale grid modernization, urban infrastructure enhancements, and renewable energy projects. For more information, Inquire Now! Related Reports: Switchgear Market Gas Insulated Switchgear Market Get access to the latest updates on Pad-mounted Switchgear Companies and Pad-mounted Switchgear Industry About MarketsandMarkets™: MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content: SOURCE MarketsandMarkets Sign in to access your portfolio

Smarter, Greener, Smaller: Catering Equipment Trends Powering Growth Ahead of HOTELEX 2026
Smarter, Greener, Smaller: Catering Equipment Trends Powering Growth Ahead of HOTELEX 2026

Associated Press

time3 hours ago

  • Associated Press

Smarter, Greener, Smaller: Catering Equipment Trends Powering Growth Ahead of HOTELEX 2026

SHANGHAI, July 29, 2025 /PRNewswire/ -- HOTELEX Shanghai 2026, one of Asia's leading hospitality and catering trade shows, will be held from March 30 to April 2, 2026. China's hotel and foodservice equipment industry is entering a transformative stage, driven by three converging forces: automation, sustainability, and space optimization. As digital technologies reshape operational models, the market is rapidly shifting toward intelligent, low-emission, and compact solutions — positioning China not only as a manufacturing hub but also as a high-potential consumption market. AI-powered cooking systems and IoT-connected kitchens are gaining momentum, with smart fryers, real-time monitoring tools, and multifunctional appliances boosting kitchen efficiency and consistency. The global smart foodservice equipment segment is projected to grow at over 10% CAGR through 2032, with China leading in adoption and scale. Sustainability remains a critical innovation driver. As China accelerates its carbon neutrality roadmap toward its 2030 and 2060 climate targets, procurement is increasingly guided by energy performance and environmental certifications such as the China Energy Label and CQC. Globally, the commercial catering equipment market is expected to exceed USD 27 billion by 2026, fueled by growing demand for water-efficient, solar-integrated, and emissions-reducing solutions aligned with ESG goals. This momentum sets the stage for HOTELEX Shanghai 2026, held from March 30 to April 2. As one of Asia's leading hospitality and catering trade shows, HOTELEX connects global brands with hotel chains, F&B groups, and procurement leaders across China's evolving foodservice landscape. For international suppliers looking to scale in a data-driven, sustainability-conscious, and innovation-focused market, HOTELEX 2026 is the gateway to growth. Booth Inquiry: [email protected] View original content: SOURCE HOTELEX Shanghai

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