Search results for: 'need or maritime or vessel'

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...

10 Aug 2015  |  Global  |  Market Research

Global Combined Heat and Power (CHP) Markets

Accelerating Growth from Distributed Generation, Energy Efficiency, and the Need to Reduce Energy Consumption

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The deployment of combined heat and power (CHP) technologies is growing globally, driven by growth in distributed generation, the need for energy efficiency, and the increasing use of government incentives to promote cogeneration. This research service examines the global market in terms of revenue growth, key applications, competitive dynamics, ma...

The access to electricity in Africa is well below the global average, presenting a significant opportunity for the development of the energy supply industry, largely in the form of private sector investments in electricity generation. Many African governments are under immense pressure to improve the quality and reliability of electricity supplied ...

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 ...

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...

Demand response (DR) models are enabling real-time analysis of customer demand trends and allowing the generation, transmission and distribution infrastructure to react accordingly. Growth in this market means utilities will increasingly invest in innovative technologies and predictive tools to reduce power generation costs as well as grid failure...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on digital twin solutions for asset integrity monitoring, radio frequency (RF) heating for heavy oil and bitumen extraction, maritime emission control techniques based on scrubbing, remotely operated vehicles for asset monitoring, advanced cubing technology, a...

09 Oct 2020  |  Global  |  Market Research

Growth Opportunities in the Hydrogen Market for the Global Power Sector

With a Multitude of Applications, Hydrogen will Play an Important Role in Our Transition towards a Low-carbon Economy

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Continued concerns over global warming and increasing carbon emissions have forced governments to reduce their dependency on fossil fuels based economy and move towards a low-carbon economy. Our sustainable future depends on the development of these low-carbon and alternate energy sources that are renewable and environment friendly. In recent year...

28 Nov 2022  |  Global  |  Market Research

Global Combined Heat and Power (CHP) Market Growth Opportunities

The Need to Decarbonize the Grid and Obtain Sufficient Thermal Energy Drive CHP Solutions

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As governments prioritize climate change mitigation, the cogeneration of heat and power emerges as an essential enabling factor for energy efficiency. Factors driving cogeneration adoption are energy efficiency requisites, energy conservation efforts, rising energy prices, the demand for clean energy generation, and grid resilience and ability to c...