Search results for: 'Emerging Markets Building Management Systems Growth Opportunities'

The residential solar PV segment is witnessing a period of fast growth, driven by a combination of an increasingly favorable regulatory climate, higher electricity prices, and concerns over climate change. The restraints that have held the market back, primarily delays in approvals, have grown weaker, as governments gradually tackle these issues. T...

Energy generation is the most crucial building block of a country’s economic development and a key determinant of its progress. Population growth requires a higher degree of economic development, which directly requires more energy to be generated. To meet the rising energy demands, the energy sector is under pressure to expand rapidly as countries...

12 Feb 2025  |  Global  |  Market Outlook

Top 10 Growth Opportunities in Power and Distributed Energy, 2025

Unprecedented Investment Levels in Power Continue as the Global Movement Towards Decarbonization Increases

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Renewable energy deployment is experiencing accelerated growth. Global investment in power generation reached a record high of $961.45 billion in 2024, up from $856.14 billion in 2023. The renewable energy sector led this investment surge, with solar photovoltaic (PV) and wind energy accounting for $589.74 billion. Solar and wind energy demand is i...

Building Integrated Photovoltaics (BIPV) integrates photovoltaics (PV) and building architecture. BIPVs serve as on-site power generators for buildings, resulting in energy costs saving and reducing the building's carbon footprint. Also, if the BIPV system interfaces with the power grid, the unused electricity may be exported to the utility for gri...

26 Aug 2024  |  Global  |  Market Research

Growth Opportunities for Sustainability and Circular Economy of Water in the Oil and Gas Industry, Global, 2024 2030

Sustainable Water Management is Driving Transformational Growth

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The global market for sustainable water management solutions in the oil and gas industry is experiencing robust growth due to several interrelated factors. Escalating water scarcity is pushing companies to seek alternative water sources and optimize their water usage. Concurrently, increasingly stringent environmental regulations on water discharge...

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 edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on subsea gas compression systems, subsea remotely operated vehicles for inspection and maintenance, seismic imaging for enhancing subsurface mapping, artificial lift systems, cavity pumps, modular automation solution for platform drilling, and water optimizat...

Quasi-solid-state batteries (QSSBs) are emerging as a promising next-generation lithium battery technology that bridges the gap between conventional lithium-ion batteries (LIBs) and all-solid-state batteries (ASSBs). By integrating a confined liquid electrolyte within a polymer, inorganic, or hybrid solid framework, QSSBs combine the high ionic con...

26 Jun 2023  |  Global  |  Technology Research

Emerging Technology Innovations in Sodium-ion Batteries

A Lower Levelized Cost of Storage and Enhanced Safety Characteristics Drive Sodium-ion Batteries Toward Successful Commercialization

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The world requires more energy storage solutions for a vast range of applications—electric mobility, on-grid and off-grid stationary energy storage, consumer electronics, and data centers, among others. Lithium-ion batteries, currently the most widespread energy storage technology, face many issues that novel energy storage technologies must overco...