Search results for: 'software-as-a-service'

This market insight discusses the impact of emerging-market power equipment manufacturers, mainly from China, South Korea, and India, on the global power equipment industry. It tracks the coal, hydro, and gas power plant markets in key regions, and explains the changing power equipment, construction, and regulatory landscapes in these regions. Seve...

The Asia-Pacific hydrogen market is highly fragmented, with a clear divergence between supply-led and demand-led markets. Countries such as Australia and China are positioned as large-scale, low-carbon hydrogen producers due to resource endowment and policy backing, while Japan and South Korea will continue to evolve as structurally import-dependen...

21 Aug 2015  |  Global  |  Market Research

Global Power Plant Services Markets

Fossil-Fired Power Plants Maintenance Provides Counterbalance to Downturn in New-Build Business

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Aging power plants generate high revenues for the power plant servicing market The power plant services market is growing rapidly as new generating capacities are being added to plants to cope with the rising demand for electricity. The US is the biggest market in this segment and is expected to retain this position until 2030 due to the presenc...

The energy industry is the world’s most dynamic and in need of change. Electric utilities and power retailers are the backbone of the energy transition as they cope with increasing power demand and changing load patterns driven by electrification. They also enable greenhouse gas reductions by integrating distributed energy resources, such as solar ...

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...

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...

The US battery energy storage sector has emerged as one of the fastest-growing segments of the energy transition, playing an increasingly critical role in supporting grid reliability, renewable energy integration, and electricity market flexibility. As utilities and independent power producers continue to invest in renewable projects, battery energ...

The Growth Opportunities in the Global Nuclear Power Industry study examines global commercial nuclear power development from 2025 to 2035, covering reactors above 10 MWe and the life cycle services supporting the installed fleet. Global installed capacity is projected to grow 23.8%, reaching approximately 477 GW by 2035, with China contributing 65...

12 Feb 2025  |  Global  |  Market Outlook

Top 10 Growth Opportunities in Power and Distributed Energy, 2025

Unprecedented Investment Levels in Power Continue as the Global Movement Towards Decarbonization Increases

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Renewable energy deployment is experiencing accelerated growth. Global investment in power generation reached a record high of $961.45 billion in 2024, up from $856.14 billion in 2023. The renewable energy sector led this investment surge, with solar photovoltaic (PV) and wind energy accounting for $589.74 billion. Solar and wind energy demand is i...