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- revenue is projected to decline by 5.0% in 2023, attributed to the reduced demand for COVID-19-related test
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26 May 2016  |  North America  |  Strategic Forecasting
Future of the Smart Grid Industry
The Global Smart Grid Industry will Reach $112.7 Billion in 2025 growing at 6.2%
Global smart grid investment is likely to grow rapidly. By 2025, a complete transformation to a smarter grid is unlikely but the process would have gained pace with major changes underway in grid automation, demand-side management, and Big Data analytics. Revenue growth will be the fastest in Europe. Demand response and advanced metering infrastruc...
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28 Apr 2017  |  Global  |  Market Research
Global Virtual Power Plant Market, Forecast to 2022
Changing Consumer Roles in the Utility Industry will Spur the Demand for Virtual Power Plant Solutions
This research service analyzes the Virtual Power Plant (VPP) market by end users (demand management, power trading), region (North America, Europe, Asia-Pacific, and Rest-of-world), trends, and revenue forecast till 2022. VPP promises significant improvements in grid reliability and resilience and early adoption has taken place in Western Europe an...
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14 Oct 2019  |  North America  |  Market Research
Impact of Electric Vehicles on Power Demand, Forecast to 2040—A Perspective on Key Global Growth Markets
With Electric Vehicles (EVs) Set for Transformational Growth, Grid Modernization Initiatives and Disruptive Technologies Will Form the Critical Elements of the EV Power and Utility Ecosystem
Falling battery prices, stringent emission regulations, rapid increase in public charging stations and innovation in eMobility business models are all drivers for growth in the electrification of transport over the next decade. Although the overall increase in electricity consumption is lower than many people might expect, the proliferation of EVs ...
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20 Jan 2020  |  Global  |  Frost Radar
Frost Radar in the Global AMI Metering Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
Smart meters are the bedrock component of a future smart grid. The smart meter market is driven by the reduction of non-technical loss, their essential role in effective integration of renewable energy, and government initiatives and regulations. Global AMI metering market revenue grew 29.8% from 2017 to 2018, reaching $6,931.5 million; revenue is ...
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19 Mar 2021  |  Asia Pacific  |  Market Research
Digitalization and Decarbonization Powering Southeast Asia’s Medium Voltage Switchgear Industry
Future Growth Potential from Digital and Environmentally Friendly Value Propositions Driving Growth Opportunities
Southeast Asia’s medium voltage switchgear market includes Singapore, Malaysia, Vietnam, the Philippines, Thailand, and Indonesia and covers voltages ranging from 1 kilovolt (kV) to 38 kV. Its growth is expected to continue at a steady 5.1% compound annual growth rate from 2020 to 2026, driven by rising power demand and grid connectivity across t...
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18 Jul 2019  |  Global  |  Market Research
Global Smart Grid Analytics Market, Forecast to 2025
Big Data Analytics to Drive Utility Energy Management, Cost Reduction and Equipment Reliability
The global smart grid analytics market is projected to generate $2.31 billion in sales by end of 2025. This study segments data analytics according to three main areas of the grid network, which ranges from customer endpoints, all the way up to the distribution and transmission network. • T&D analytics consist of analytics-related management an...
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10 Sep 2014  |  Asia Pacific  |  Market Research
Analysis of the Asia-Pacific Microgrid Market
Favorable Regulatory Environment and Rural Electrification Plans to Jump-start Market Growth
This research analyzes the Asia-Pacific microgrid market. The Asia-Pacific microgrid market is in its early stage with several pilot projects invested in by the electricity utilities in the region. The study covers market trends, regulatory policies, business models, value chain, revenue forecast, pricing trends, and business case studies of microg...
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30 Aug 2022  |  Global  |  Market Research
Global Medium- and High-voltage Power Cable Growth Opportunities
Technological Developments, Evolving Mega Trends, and the Growing Energy Diversification will Shape Growth Strategies
This Frost & Sullivan research service is a comprehensive study of the medium- and high-voltage (MV/HV) power cables (including overhead and underground/submarine) market. Growth is forecast from 2022 to 2030. The study presents revenue forecast based on region (North America; Europe; Asia-Pacific (further segmented into China, ASEAN, East Asia, Au...
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27 Oct 2022  |  Global  |  Market Research
Global Mobile Workforce Management (MWM) Market Growth Opportunities
Digitalization Initiatives, Resource Optimization, and Cloudification Drive Growth Potential
This research service analyzes the global mobile workforce management (MWM) market’s growth from 2023 to 2030, including regional market revenue forecasts (North America, Europe, Asia-Pacific, China, and Rest of the World). MWM products are off-the-shelf software solutions developed to efficiently manage activities and utility field representat...
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19 Mar 2015  |  Global  |  Market Research
Analysis of the Global Substation Automation and Integration Market
Increase in Demand for Energy Efficiency and Smart Grid Infrastructure Drives the Adoption of Substation Automation Solutions
This research service examines the global substation automation and integration market. Due to the increase in demand for power in developing countries, and the need for greater energy efficiency, utilities are working towards upgrading their grid infrastructure with more advanced solutions to minimize the downtime. The study discusses the driving ...
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