Search results for: 'Simulation for Industrial Automation'

04 Dec 2024  |  Global  |  Market Research

Residential Heat Pump Industry, Global, 2024-2035

The Need to Decarbonize Residential Buildings is Driving Transformational Growth

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The global residential heat pump (HP) market is forecast to reach 17.0 million units by 2035, up from 7.6 million in 2024. Market definitions are important to the market forecast, and Frost & Sullivan excludes the sale of HPs for air conditioning. Market revenues are forecast to reach $80.43 billion by 2035, at a CAGR of 8.5% from 2024 to 2035. As ...

Global grid-scale battery energy storage system (BESS) deployment experienced unprecedented growth in 2023, expanding 159.5% from 2022. The year 2024 will break another record in new installations, with deployments of 41.84 GW/104.67 GWh. BESS has rapidly become the fastest-growing clean energy technology, driven by the growth of wind and solar ...

Latin America’s power sector is entering a decisive execution phase, in which the pace and location of growth are increasingly determined by grid readiness, flexibility solutions, and regulatory design rather than by resource availability alone. Between 2026 and 2035, the region is set to attract over $440 billion in power generation investment, ma...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on satellite-based forecasting for upstream infrastructure alerts, magnetic robotic inspection crawlers, autonomous subsea inspection robots for offshore assets, enhanced oil recovery, and CO2 flooding. The Oil and Gas TOE provides intelligence on innovations ...

Medium voltage (MV) switchgear demand is being driven by grid modernization, rapid electrification, data center expansion, and the expansion of distributed energy resources. The increasing deployment of renewables, EV charging infrastructure, and industrial electrification is creating a need for flexible and reliable MV systems, while growth in mic...

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...

12 Jun 2025  |  Global  |  Market Outlook

Global Oil and Gas Industry Outlook and Growth Opportunities, 2025

Transformative Megatrends Drive Oil and Gas Companies to Digitize and Implement Decarbonization Initiatives

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The global energy industry is undergoing an unprecedented transition, bringing exciting new growth opportunities to the oil and gas (O&G) industry. However, shifting to a net-zero future for carbon emissions means many companies struggle with pricing, energy security, pace of change, conflicting priorities, and industry disruption.As the industry m...

As decarbonization strategies gather pace across industries, emissions management is emerging as a key growth opportunity because companies like to minimize their emissions impact. Frost & Sullivan has identified a complex and dynamic value chain and a set of process steps where opportunities abound: planning and advisory, measuring and monitoring,...

Critical infrastructure industries are increasingly expanding into the digital and smart frontier, become more vulnerable to advanced and persistent cyberattacks. This research service examines emerging trends and business models in the US power industry — from generation to transmission and distribution — that will affect the cybersecurity market....