Search results for: 'ecosystem intelligence'

Edge intelligence is the combination of business intelligence and automation that can sense and synthesize massive volumes of data and make decisions close to the data collection point. Applications include collecting, analyzing, and communicating data within the specified ecosystem and making real-time decisions to achieve unprecedented levels of ...

08 Jul 2022  |  North America  |  Market Research

Global Transformer Growth Opportunities

Greater Grid Resiliency, Increased Grid Intelligence, and Security of Supply— All Key Drivers of Future Growth

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Rising electricity demand complemented by sustained scaling up of renewable energy worldwide will boost investments in power transmission and distribution (T&D) infrastructure and grid assets, including transformers. The global transformer market revenue is expected to reach $64.24 billion in 2030; a market rebound is expected from 2022 onward. Tho...

14 Oct 2019  |  North America  |  Market Research

Impact of Electric Vehicles on Power Demand, Forecast to 2040—A Perspective on Key Global Growth Markets

With Electric Vehicles (EVs) Set for Transformational Growth, Grid Modernization Initiatives and Disruptive Technologies Will Form the Critical Elements of the EV Power and Utility Ecosystem

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Falling battery prices, stringent emission regulations, rapid increase in public charging stations and innovation in eMobility business models are all drivers for growth in the electrification of transport over the next decade. Although the overall increase in electricity consumption is lower than many people might expect, the proliferation of EVs ...

Upstream oil & gas is increasingly focused on cutting costs and improving recovery rates through radical innovation and digital transformation. Our Future of Drilling Systems study provides an overview of emerging technology areas, industry shifts, company profiles, and ensuing business model transformations surrounding drilling activities, with a ...

Digitalization is the key enabler of decentralization and decarbonization, the other two Ds shaping the energy industry transformation. Cloud computing, Big Data, analytics, and the Internet of Things (IoT) are among technologies that enable the digital transformation of electric utilities and facilitate new ways of electricity production, storage,...

This report assesses growth opportunities in the North American power and utilities sector across the United States and Canada, using 2025 as the base year and forecasting through 2035. The analysis finds that North America is entering an infrastructure-led electricity expansion cycle driven by artificial intelligence, hyperscale data centers, semi...

04 Oct 2017  |  North America  |  Market Research

North American Digital Substation Market, Forecast to 2022

Growing Distributed Energy Resources and Need for Grid Modernization will Drive Demand

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Utility substations form an integral part of the entire grid network. They will play a vital role in the smart grids of tomorrow. With growing complexity in the grid, energy companies are recognizing the importance of digital transformation. Additional challenges include substation projects coming under increasing cost and time pressure, investors...

06 Jun 2018  |  North America  |  Market Research

Global Demand Response Market, Forecast to 2024

Curtailing Power Consumption Through Incentive and Behavioral Based Programs

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Demand and response programs are expected to change consumer behavior and general attitudes toward power consumption through providing monetary rewards for power reduction. DR transforms the centralized one-way traditional energy traffic flow from the power plants to energy-consuming units. DR programs, through intelligent and balanced energy manag...