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09 Feb 2022  |  Global  |  Market Research
Global Solar PV Services Growth Opportunities
Advanced Service Offerings and Upcoming Projects are Set to Fuel a Strong Growth Pipeline
Climate change has spurred a flurry of investments in renewable sources and decarbonization efforts. Following the COP21, Paris (2016) which proposed renewable source targets to be achieved by 2030, more than 100 countries pledged to cut methane emissions by 30.0% from 2020 levels at the recent COP26; this is likely to have a direct impact on the e...
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15 Dec 2021  |  Global  |  Market Research
Growth Opportunities in the Global Wind Services Market
Increasing Adoption of Digital Technologies and Technological Innovations to Drive the Global Wind Services Market
Continued concerns over increasing carbon emissions and the need to mitigate climate change have forced governments to accelerate investments in renewable energy. Wind and solar energy, in particular, are expected to play a crucial role in the global race toward decarbonization. Over the last ten years, wind energy capacity additions have gained mo...
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07 Nov 2024  |  Global  |  Market Research
Growth Opportunities in the Generator Service Market, Global, 2024 2034
Digital Advancements are Driving Transformative Growth Opportunities
This Frost & Sullivan analysis examines the increasing demand for generator services due to the growing need for generators in the commercial and industrial sectors as well as the factors that will drive or limit the market in the next ten years. The demand for power and the growing awareness among customers about the advantages of digital solution...
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22 Feb 2019  |  Global  |  Market Research
Global Solar Photovoltaic (PV) Services Market, Forecast to 2025
Solar Servicing Costs to Halve by 2025, Driven by Service Practice Innovation and Technology Cost Reductions
The global market for solar services is forecast to increase from $8.13 billion in 2017 to $14.48 billion by 2025, driven by an aging asset base, as well as new installations. Solar growth remains strong across most regions, although the market has declined in China, due to change in regulations, which will mean lower installations in 2018 than in ...
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24 May 2012  |  Europe  |  Market Research
Western European Power Plant Services Markets
Shifting Fuel Mix Brings Opportunities for Fossil Fuel Power Plant Servicing
The Western European power plant services market is expected to experience solid growth as the market shifts from steam-fired power plants to gas-fired power plants in order to reduce carbon emissions and to achieve a more adaptive and flexible generating system. Revenue growth will be supported by more LTSAs sold to the new fleet of gas-fired powe...
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12 Jan 2023  |  Global  |  Market Outlook
Growth Opportunities for the Power & Energy Industry
Frost & Sullivan’s Top 10 Growth Opportunities for the Power & Energy Industry summarizes the major trends that will gain momentum in 2023. The mounting pressure to achieve global decarbonization and Russia’s invasion of Ukraine will continue to disrupt the power and energy sector. Investment in renewable energy will increase, with annual instal...
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22 May 2012  |  Asia Pacific  |  Market Research
Analysis of the Southeast Asian Uninterruptible Power Supply (UPS) Services Market
The Demand for Service of Commercial UPS Boosts Growth
This research service covers the current state and future potential of the UPS services market in Southeast Asia. It provides an in-depth analysis of the drivers, restraints and their impacts in the forecast period. The UPS types covered in this study are single-phase UPS services and three-phase UPS services. The customer type covered in this stud...
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18 Jul 2019  |  Asia Pacific  |  Market Research
Asia-Pacific Power Sector Regulatory Tracker
Many Countries in the Region are Evaluating Opportunities and Setting High Targets to Increase the Penetration of Renewable Energy Sources of Power Generation
With climate change having a significant impact worldwide, decarbonization, decentralization, and digitalization are the three main 'Ds' transforming the power sector today. Reports published by many government agencies have forecast the growing penetration of distributed and renewable energy technologies in the overall power market. The main obje...
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13 Dec 2024  |  Global  |  Market Research
Extended Reality, the New Frontier of the Energy Transition, Global, 2024–2028
Immersive Technologies Will Reshape Business Strategies and Drive the Seamless Integration of Cross-industry Solutions
The primary aim of this Frost & Sullivan report is to examine the factors influencing the growth of extended reality (XR) technologies in the energy industry. XR refers to the spectrum of immersive experiences and technologies that blur the line between the real and the simulated world through audio, visual, and haptic cues. It is at the heart of t...
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27 Jun 2023  |  Global  |  Technology Research
Advancements in Digital Twin Technology Transforming the Energy Sector
Precise Modeling and Process Integration from a Single Platform to Enhance Analytics in Power Generation, Transmission, and Distribution
To meet global emission reduction targets, renewable energy must account for at least 42% of energy consumption by 2030 and 60% by 2050, compared to 17% in 2021. Although the global power generation sector is moving toward renewable power to curb greenhouse gas emissions, renewable energy is intermittent. Therefore, its increased share in the power...
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