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Though the global uninterruptible power supply (UPS) industry is mature, it continues to offer considerable growth opportunities in different market segments, such as technology, end-user vertical, power range, and geography. This Frost & Sullivan study provides in-depth insight into the total UPS market and various high-growth segments. The indust...

Wind energy, as a sustainable renewable energy source (RES), has the potential to meet the increasing global energy demands while reducing carbon emissions. Wind energy can be crucial in transitioning toward cleaner energy sources by utilizing offshore and onshore technologies. This study analyzes the global wind market, including the onshore and...

Fuel cells are expected to see significant growth over the next decade, as countries move toward cleaner power to diversify their power mix away from fossil fuels. The need to decarbonize the power sector will only intensify over the next decade. Renewable energy will play a big part in this story, but fuel cells will also be a source of clean powe...

09 Oct 2020  |  Global  |  Market Research

Growth Opportunities in the Hydrogen Market for the Global Power Sector

With a Multitude of Applications, Hydrogen will Play an Important Role in Our Transition towards a Low-carbon Economy

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Continued concerns over global warming and increasing carbon emissions have forced governments to reduce their dependency on fossil fuels based economy and move towards a low-carbon economy. Our sustainable future depends on the development of these low-carbon and alternate energy sources that are renewable and environment friendly. In recent year...

07 Aug 2024  |  Global  |  Technology Research

Disruptive Technological Advancements Accelerating Nuclear Fusion Commercialization

Global Pursuit of Virtually Limitless, Clean, and Safe Energy is Driving Nuclear Fusion Technology Development.

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Nuclear fusion commercialization will address challenges related to climate change, sustainable development, and the ever-growing energy demand. According to the World Nuclear Association, global electricity demand is anticipated to increase by more than 50% by 2040, which highlights the urgent need for innovation to develop clean and sustainable e...

31 Dec 2018  |  North America  |  Market Research

Commercial Battery Energy Storage Market in Key Markets, Forecast to 2025

With Rising Demand Charges, Rapid Battery Price Reductions, Rampant Technological Innovation and Evolving Business Models, the Global Commercial Battery Storage Market will Exhibit Dramatic Growth Till 2025

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The commercial battery storage market is expected to show enormous growth, rising from $160.4 million in 2017 to $1.6 billion by 2025. Behind-the-meter battery energy storage systems at commercial sites offer attractive benefits such as peak demand charge reduction, back up, peak shaving and using batteries to participate in the local ancillary gri...

The energy transition is a complex pathway for the overall global energy industry—including suppliers and users—towards a shift from systems based on fossil fuels to zero-carbon solutions. Timelines for eliminating carbon from energy systems vary by region, but most goals—including the Paris Agreement—focus on achieving net zero by the second hal...

Global smart grid investment is likely to grow rapidly. By 2025, a complete transformation to a smarter grid is unlikely but the process would have gained pace with major changes underway in grid automation, demand-side management, and Big Data analytics. Revenue growth will be the fastest in Europe. Demand response and advanced metering infrastruc...

The global industrial UPS market is conservative and is at its maturity. Although there was a slight decline in the growth rate in 2013 over the previous year, the market is expected to recover and register moderate growth over the forecast period. The market continues to be dominated by three-phase systems and customized solutions, and the growth ...