Search results for: 'counter industry forecasts'

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 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...

The global residential heat pump (HP) market is forecast to reach 21.2 million units by 2035, up from 11.4 million in 2025. 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 $113.79 billion by 2035, up from $43.86 billion in 2025. In 202...

Generating energy, specifically renewable natural gas (RNG), from landfill gas (LFG), is an opportunity that has been gaining momentum in recent years. In 2018, the United States generated 292.4 million tons of waste, 146.1 million tons of which were sent to landfills. These landfills are one of the main emitters of methane, a greenhouse gas with a...

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....

30 Jun 2024  |  Global  |  Technology Research

High-temperature Fuel Cells for Decentralized Power Generation: Recent Innovations, Developments, and Growth Opportunities

Analyzing the techno-economic advantages of implementing HTFC technologies for a low-carbon future

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The increasing demand for decentralized power generation, supportive government policies, and the progress of the hydrogen economy will drive the growth of the high-temperature fuel cells (HTFC) industry for decentralized power generation. The focus on energy independence and security across the residential, commercial, and industrial sectors for r...

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...

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...

24 Feb 2015  |  Africa  |  Market Research

Analysis of the Diesel Generator (Genset) Market in Kenya, Uganda, and Tanzania

Burgeoning Gas Industry Threatens Genset Growth

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The current demand for electricity far outstrips supply causing frequent blackouts in Kenya, Uganda, and Tanzania, yet significant increases in demand are expected during the forecast period. Consequently, major potential exists to sell diesel generators in East Africa. However, the exploitation of recent gas field finds is expected to significantl...