Search results for: 'Engineering Services Market'

The world's energy system is becoming more decentralized, with significant investments in generation assets at the commercial, industrial, and residential levels. One solution that has become popular is the installation of engines, as they can provide immediate base load or backup power. In today's competitive and regulated power engine market, ori...

24 Nov 2017  |  Global  |  Market Research

Global Wind Power Services Market, Forecast to 2025

A $25 billion Market by 2025, Driven by a Higher Installed Capacity and Increasing Repowering of the Ageing Installed Base

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The global wind services market is expected to be worth $25 billion by 2025, up from $9 billion in 2016, driven by an ageing installed base in Europe and North America (including a significant potential for repowering projects) and substantial new capacity additions in Asia-Pacific. There will also be incremental innovations that will drive revenue...

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...

11 Jul 2025  |  Global  |  Market Research

Turbine Services Industry, Global, 2024–2035

Increased Demand for Power Generation and an Aging Asset Base will be Key Drivers for Revenue Growth

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This Frost & Sullivan report focuses on the global turbine services industry, examining the factors that influence market shifts. While the global turbine services industry is relatively mature, there is significant potential for innovation in introducing advanced solutions. The turbine services market is projected to have a compound annual growth ...

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

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Key Issues Addressed

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...

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

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Key Issues Addressed

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...

Refinery maintenance is often overlooked due to high costs, shutdown time and the resultant loss of production. The growing global demand of processed fuels has increased the significance of refinery maintenance unprecedentedly. This research service deals with the steadily growing turnaround maintenance market in refineries. The study analyses the...

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 ...

In this research service, Frost & Sullivan reviews the increasing need for services in light of the growing generators demand from the commercial and the industrial sectors. The study also examines market drivers and restraints for the next 10 years. The rising need for power, along with growing customer awareness of the benefits of digital solutio...