Search results for: 'transform 2030'

This study examines the global distribution transformer market, analyzing demand drivers, technological trends, and competitive dynamics across key regions. It explores how rising electricity consumption, grid modernization programs, and the integration of distributed energy resources are reshaping replacement and new‑build requirements for distrib...

25 Oct 2024  |  Global  |  Market Research

Digital Twins in the Oil and Gas Industry, Global, 2024 2030

Digital Twins are Driving Transformational Growth in the Global Oil and Gas Industry by Enabling Precise Operational Simulation

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Fueled by the rising adoption of autonomous technologies, digital twins are emerging as an attractive growth opportunity in the oil and gas (O&G) industry. Digital twin technology helps O&G firms utilize and analyze enormous amounts of production data, enabling them to visualize various hypothetical production scenarios in real time. Digital twi...

Strong renewable energy growth, aging grids, industrial electrification, increasing regional interconnections, and power loads from data centers have collectively driven growth in power transformers. More than 30% of large power transformers have been in operation for more than 30 years, creating high replacement demand. A lack of available manufac...

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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Key Issues Addressed

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...

05 Jul 2024  |  Global  |  Market Research

Oil and Gas Drilling Automation, Global, 2024-2030

Oil and Gas Sector is Driving Transformational Growth through Autonomous Drilling

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The market for automation and autonomy in oil and gas (O&G) drilling and production (or simply, drilling automation) is one of the highest-growth subsegments of the overall O&G automation industry. Large global automation firms compete alongside dedicated O&G solution providers and disruptive technology developers. The main technologies deploy...

28 Aug 2024  |  Global  |  Market Research

Alternative Fuels Market, Global, 2024 2030

Oil and Gas Companies are Driving Transformational Growth by Developing Low Emission Fuels to Address Industrial Sector Decarbonization

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Alternative fuels will play a major role toward achieving global decarbonization pathways, and the market is poised for a period of extremely strong growth. This detailed study analyzes three main segments: biofuels, biogas, and eFuels. The industry sometimes refers to eFuels as synthetic fuels and sustainable aviation fuel (SAF) as bio-jet fuel. ...

This report studies the emerging trends in consumer behavior and the technology landscape that are set to shape the future of consumerism. Increasing demand for personalized experiences has pushed companies to invest in advanced technologies and rebuild legacy infrastructure, ensuring more tailored shopping experiences across both physical and digi...

This study focuses on evaluating the market size and the growth opportunities for North American low-voltage dry-type (LVDT) distribution transformers. It specifically evaluates the prospects for 2 types of single- and three-phase LVDTs, namely, cast resin and vacuum pressure impregnated transformers in the United States and Canada. These types of ...

This research service cover the world transformer market covering different transformer types such as power transformers, distribution transformers, isolation transformers, industrial control and instrument transformers. Each segment is further analyzed based on the geographic regions, product type and briefly discussed about the end user markets. ...