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17 Sep 2024  |  Global  |  Market Research
Growth Opportunities in the Commercial & Industrial Battery Energy Storage Systems (BESS) Industry
Solar-plus-storage, Charging Sites, and New Service Models Propel Market Growth
Battery energy storage systems (BESS) have rapidly become the fastest-growing clean energy technology driven by the growth of wind and solar and the need for grid flexibility. While commercial and industrial (C&I) BESS installations have traditionally lagged behind grid-scale and residential deployments, the sector holds considerable opportunit...
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28 Apr 2023  |  Global  |  Market Research
Global Microgrids Growth Opportunities
Demand for Electrification, Renewables, and Grid Resilience Drive Future Growth Potential
The global microgrids market revenue is forecast to increase from $3.37 billion in 2022 to $8.00 billion in 2030. While North America is projected to remain the largest regional market over the forecast period, the Asian region is expected to outpace its growth. With a largely secure grid infrastructure, the European Union has limited microgrid dev...
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13 Aug 2024  |  Global  |  Market Research
Growth Opportunities in the Hydrogen Electrolyzers Market, 2023 2033
Despite Challenging Market Conditions in the Short-term, Electrolyzers Will Likely Become a $28.18 Billion Market Play by 2033
Electrolyzers use electrolysis to generate hydrogen from water. They will play a crucial role in the global transition towards clean energy because they provide a sustainable and efficient method for producing low- or zero-carbon hydrogen for various applications across many industrial sectors. The key factors that contribute to the electrolyzer in...
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12 Jun 2024  |  Global  |  Market Outlook
Global Oil and Gas Industry Outlook and Growth Opportunities, 2024
Transformative Megatrends Drive Oil and Gas Companies to Digitize and Implement Decarbonization Initiatives
The global energy industry is undergoing an unprecedented transition, bringing exciting new growth opportunities to the oil and gas (O&G) industry. However, shifting to a net-zero future for carbon emissions means many companies struggle with pricing, energy security, and industry disruption. As the industry moves to meet decarbonization and sus...
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09 Sep 2026  |  Global  |  Market Research
Residential Heat Pumps Industry, Global, 2025–2035
The Electrification and Decarbonization of Residential Heating are Driving Transformational Growth
The global residential heat pump (HP) market is forecast to reach 21.2 million units by 2035, up from 11.4 million in 2025. Market definitions are important to the market forecast, and Frost & Sullivan excludes the sale of HPs for air conditioning. Market revenues are forecast to reach $113.79 billion by 2035, up from $43.86 billion in 2025. In 202...
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22 Dec 2023  |  Global  |  Market Research
Global Commercial Heat Pump Growth Opportunities
Sustainability Policies Drive the Future Growth Potential of Heat Pumps
As organizations around the world continue to look for ways to decarbonize their operations, commercial heat pumps will witness growing adoption. This market is largely driven by government support measures to install, retrofit, and replace heating, ventilation, and air-conditioning (HVAC) systems with efficient heat pump systems. Heat pumps are a ...
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05 Jul 2024  |  Global  |  Market Research
Oil and Gas Drilling Automation, Global, 2024-2030
Oil and Gas Sector is Driving Transformational Growth through Autonomous Drilling
The market for automation and autonomy in oil and gas (O&G) drilling and production (or simply, drilling automation) is one of the highest-growth subsegments of the overall O&G automation industry. Large global automation firms compete alongside dedicated O&G solution providers and disruptive technology developers. The main technologies deploy...
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05 Sep 2024  |  Global  |  Market Research
Growth Opportunities in the Global Stationary Fuel Cell Industry
The Need for Decentralized Prime Power Continues to Drive Investment
Energy decentralization, supportive regulations and policies, greater focus on sustainability, and the crucial development of a hydrogen economy will drive the stationary fuel cell industry growth during the next decade. The broader market for decentralized energy solutions thrives as residential, commercial, and industrial customers seek greater e...
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08 Mar 2023  |  Global  |  Frost Radar
Frost Radar™: Electrolyzers, 2023
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
Concerns about climate change and carbon emissions have put enormous pressure on nations to reduce emissions and move toward carbon neutrality. Decarbonization of industry, transport, heating, and energy has become imperative, and stakeholders must act now to reach climate targets and prevent further damage to the environment. The global electro...
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04 Sep 2024  |  Global  |  Market Research
Growth Opportunities in the Global Industrial Heat Pumps Industry
The Need for Industrial Decarbonization Will Drive Industries to Embrace Nonfossil Solutions
The need to decarbonize the industrial economy is becoming ever more important. Much has been achieved so far in the decarbonization of power generation, but progress in the realm of industrial decarbonization has been relatively slow. This is now gradually changing as businesses seek to comply with environmental, social, and governance (ESG) goals...
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