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In response to the growing demand for efficient, reliable, and safe industrial power management solutions, Spike Electric has introduced a series of advancements in electrical infrastructure.
The global internet of things (IoT) in energy market revenue reached USD 34.42 billion in 2025 and is predicted to attain around USD 97.78 billion by 2033 with a CAGR of 13.94%. The demand for energy-efficient solutions is increasing due to the technological advancements in the sector.
The modernization of the United States power grid is a critical endeavor to enhance efficiency, reliability, and resilience in energy distribution.