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Cross-industry Digitalization and Alternative Energy will Thrive in the Post-subsidy Era
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In 2018, oil and gas (O&G) investments are likely to see a renewal as the sector gradually recovers. Opportunities continue to be rife in the LNG and refinery segments, as LNG regasification expansion will drive tank storage investments in Asia-Pacific. Renewable energy, including hybrid projects, will become a mainstream source of power for a low-carbon 2018. Specifically, solar power will overshadow coal and nuclear as the fastest-growing power generation segment. Business models for power utilities will change as growing interest in distributed energy and microgrid threatens the conventional power supply chain. For instance, Southeast Asian countries will join the bandwagon for investments in distribution grid management (DGM).The building industry in Asia-Pacific will witness changes in the area of energy management and facilities management. The emphasis will be on the digitalization of energy-efficient and green buildings and the transformation of buildings into intelligent and cognitive structures. The Asian facilities management (FM) market will witness heightened merger and acquisition (M&A) activity for vertical, geographic, and capability expansion. In particular, the FM and the integrated facilities management (IFM) markets in Southeast Asia will be driven by green buildings, smart city projects, new buildings, and rising FM awareness. In the water industry, Vietnam will be the winner as an increasing number of tenders will be rolled out through PPPs, whereby water treatment facilities and water distribution, metering, and sanitation systems will be key opportunity areas for water EPCs. Digitalization and anything-as-a-service (XaaS), such as meter-as-a-service, will improve water service efficiency in Asia, and the region's water utility CAPEX will remain robust in 2018.Overall, the growth opportunities in the energy and environment industry will focus on Big Data and new revenue models. Big Data and actionable analytics are fast becoming an integral part of the energy sector. By analyzing consumer behavior and usage patterns, these solutions offer market participants tremendous opportunities to increase energy efficiency and to create value-added service propositions. Revenue models in the energy sector are increasingly shifting from product-centric to customer-centric solutions. XaaS is the game-changing technology operating model for the current cloud-centric era.The main objectives of this study are to provide an inclusive perspective of the energy and environment value chain, to understand the competition, and to analyze future business models. Growth opportunities are also discussed.
Key Issues Addressed
virtual reality market
glucose monitoring devices market
renewable energy market
natural flavors market
diet food market
commercial aviation market
mobile biometrics market
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