Search results for: 'security of power'

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...

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 dynamics of the Asia-Pacific rental power solutions market is gradually shifting from small-scale rental power solutions to multi-megawatt large-power-plant-based rental power solutions, which is mainly boosted by investments in oil-and-gas-, mining-, and utility-based projects in the region. Though diesel-based generators have many advantages ...

This report provides an in-depth analysis of growth opportunities in the global generator set (genset) industry for 2025 to 2035, focusing on the transformative forces reshaping the market. It examines the impact of digitalization, sustainability imperatives, and hybridization on genset adoption across multiple sectors, highlighting how renewable e...

The global rental genset market is experiencing steady growth, valued at $6.61 billion in 2024 and expected to exceed $11 billion by 2034. This growth is driven by the increasing demand for temporary and backup power across sectors such as construction, mining, oil & gas, utilities, and events. Diesel Gensets still make up about 70 to 80% of rental...

This study examines the global small modular reactor (SMR) market from 2025 to 2040, forecasting robust growth driven by decarbonization demands, industrial electrification, high growth in electricity demand for data centers, and energy security needs. The next five years will see a small number of reactors coming online, but the mid-2030s will see...

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...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in wind turbine blade technology, organic flow batteries, electrolyzers, waste heat recovery solutions, solar thermal heaters, flywheel energy storage and mechanical energy storage systems, among others.The Energy and Power Systems TOE provide insights o...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in PEM Electrolysis technology, nutrient recovery, biomethane production, nuclear power reactions, Small Modular Reactors, nuclear fusion, flow batteries, process heat electrification, among others.The Energy and Power Systems TOE provide insights on the...