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The 2020s have been dubbed the decade of energy storage, and 2024 confirmed this to be true. Battery energy storage CAPEX surged to $65.6 billion, up from $48.9 billion in 2023. This was achieved despite a reduction in battery pack costs in 2024 that meant project costs declined by around 10% across all geographies. The ongoing clean energy transit...

This study examines the global power cables industry, analyzing demand drivers, growth trends, and competitive dynamics. Key drivers identified in the study include the continued growth in renewable electricity generation (particularly offshore wind), the aging nature of infrastructure in developed economies, the rise of inter-regional transmission...

Solar PV accounted for 45% of all power generation investment in 2024, and is forecast to maintain this throughout the next decade. Inflation drove up project costs in 2023, but lower module and PV inverter costs meant costs started to decline in 2023 and continued to decline in 2024–a rarity for the power industry.Residential, commercial, and indu...

12 Jan 2018  |  Global  |  Market Research

Global Industrial Battery Market, Forecast to 2023

Growth in Renewable Energy and Distributed Generation to Drive the Global Industrial Battery Market

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The global industrial battery market is a well-established one which is expected to grow at a CAGR of 7.1% between 2014 and 2023. The major factors driving industrial batteries are the surging demand from energy storage and stationary applications, reinforced by advancements in battery technology. Industrial batteries for grid storage represent a u...

This study examines the global distribution transformer market, analyzing demand drivers, technological trends, and competitive dynamics across key regions. It explores how rising electricity consumption, grid modernization programs, and the integration of distributed energy resources are reshaping replacement and new‑build requirements for distrib...

14 Oct 2016  |  Global  |  Market Research

Global Data Center Infrastructure Solutions Market

Cooling Solutions and Rack & Rack Options Segments to Experience Fastest Growth over Forecast Period

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The global data center infrastructure solutions market is mature. It is, however, expected to grow at a moderate pace over the forecast period. A smooth growth curve is expected over the forecast period. However, data centre consolidation and high capital expenditure combined with end-user scepticism towards implementing new technologies or unfamil...

This is a research service on the Turkish electricity meters market. The study provides forecasts of unit shipment and associated revenues. The study covers a forecast period from 2016 to 2020 and provides a comprehensive overview from 2014 to 2020 for important steps regarding electricity meter rollouts. Supportive regulations is the biggest drive...

27 Oct 2015  |  Global  |  Market Research

Global Smart Electricity Meter Market

Consistently High Revenue Forecast up to 2020, Japan, France, and the UK Being the Hottest Countries

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The global smart electricity meter market research service provides forecasts on unit shipments and associated revenues for all the major regions, including country-level forecasts for key markets. The forecast period is from 2012 to 2024, providing a more comprehensive vision on when and how long crucial smart meter rollouts will take. The study a...

Frost & Sullivan's Top 10 Strategic Imperatives in the global power and energy industry highlights the trends with the greatest future impact. Our model takes into account the key dynamics and fundamentals of the market to generate the ten most significant strategic imperatives for the industry. The growth in distributed energy resources, be it ren...