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For the first half of the 2010s, natural gas was widely considered the fuel of the future, and the 2020s on would see the “Golden Age of Gas,” to quote the International Energy Agency (IEA). However, the prospects for natural gas have become much more uncertain for the second half of this decade, with some sceptics promoting the idea that gas does ...

31 May 2023  |  Global  |  Technology Research

Impact of Additive Manufacturing Technologies in Oil and Gas

On-demand Components and Shift toward Digital Inventory Drive Adoption of 3D Printing

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Recent years have seen tremendous technological growth in additive manufacturing, also referred to as 3D printing, and increased research and development (R&D) activities as companies work to scale the technology and meet increasing and evolving needs across several industries. In particular, the oil and gas sector is adopting 3D printing technolog...

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...

The Industrial Internet of Things, a critical facet of digital transformation that brings together different aspects of technology, is already leaving a lasting footprint on the power industry, and as new decade begins, the impact it could potentially have on the power industry could be a real game changer. Bringing Different Aspects of Technologi...

After a challenging year in 2020, the year 2021 redefined the global energy industry in many ways. The world witnessed rising concern about climate change and demand for sustainable solutions and processes. Following the latest COP summit, more than 100 countries have pledged commitment to net-zero emissions by 2050. In North America, Canada announ...

This study provides a broad overview of the global stationary flow battery energy storage market, identifying the factors driving and restraining growth. The increasing adoption of renewable sources of power, particularly in the utilities and commercial and industrial (C&I) sectors, has driven the demand for long-duration energy storage systems. Fl...

Floating offshore wind technology holds the potential to unlock vast wind resources in deep waters not accessible by traditional fixed-bottom offshore wind farms. However, to further promote the adoption of large-scale floating offshore wind farms, several challenges must be addressed. These farms require significant upfront investments in research...

This Frost & Sullivan research service is a comprehensive study of the medium- and high-voltage (MV/HV) power cables (including overhead and underground/submarine) market. Growth is forecast from 2022 to 2030. The study presents revenue forecast based on region (North America; Europe; Asia-Pacific (further segmented into China, ASEAN, East Asia, Au...

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

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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...