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09 Apr 2018  |  Global  |  Market Research
Global Transformers Market, Forecast to 2022
T&D Infrastructure Investments in Developing Regions and Aging Grid in Developed Regions Spur Market Demand
A transformer is an electrical device that transfers electrical energy between two or more circuits through electromagnetic induction. The total global transformers market is forecast to register a CAGR of below 5% from 2017 to 2022. During the forecast period, the power and distribution transformer segments are expected to witness strong growth be...
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12 Sep 2018  |  Europe  |  Market Research
Dynamic Competitors in the European Battery Energy Storage Market, 2018
Intelligent Software-based Energy Storage Solutions Providing Grid Ancillary Services Driving the Market
The European energy storage market is undergoing a stage of technological evolution, with digital transformation, electric vehicle (EV) penetration, and smart grid initiatives leading the charge. The European region is becoming a hotspot for energy storage driven by falling battery and photovoltaic (PV) costs, attractive subsidies, and increasing e...
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28 Aug 2018  |  North America  |  Market Research
North American Electrification of Transportation—Investment, Forecast to 2024
Opportunities to Modernize the Electric Grid and Address the Challenges of Rapid EV Penetration
The North American Electric Vehicle (EV) market has seen significant growth over the last 5 years, both in the US and Canada. Currently, new EVs sold in the North American market account for 1.4% of the total passenger vehicles sold. There is an anticipation that downward prices for batteries and vehicles, along with improved infrastructure will ac...
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27 Apr 2018  |  Europe  |  Market Research
European Demand Response (DR) Market, 2018–2025
Fluctuating Energy Demand and Accelerating Growth in Renewable Energy Sources (RES) Will Drive the Nascent European DR Market
Demand Response (DR) is a mechanism to alter changes in patterns in electricity consumption by consumers through pricing signals and incentives, thereby reducing peak demand and strengthening grid flexibility. DR covers intentional modifications on the customer’s electricity usage patterns via altering the time of use and duration of use. DR has tr...
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18 Sep 2018  |  Global  |  Market Research
Impact of Artificial Intelligence (AI) on Energy and Utilities, 2018
Technology Convergence of AI with IoT, Cloud, and Big Data will Open Up Numerous Application Opportunities in the Energy Sector
Artificial Intelligence (AI) is one of the biggest technological trends transforming every business sector across the world. With advances in computer technology, AI has scaled new heights in utility and application, exceeding all initial expectations. By leveraging advanced machine learning (ML) and deep learning (DL) algorithms, and advanced neur...
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