Search results for: 'ICT Market Forecast'

28 Aug 2018  |  North America  |  Market Research

North American Electrification of Transportation—Investment, Forecast to 2024

Opportunities to Modernize the Electric Grid and Address the Challenges of Rapid EV Penetration

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The North American Electric Vehicle (EV) market has seen significant growth over the last 5 years, both in the US and Canada. Currently, new EVs sold in the North American market account for 1.4% of the total passenger vehicles sold. There is an anticipation that downward prices for batteries and vehicles, along with improved infrastructure will ac...

The Southeast Asian electricity meters market is in the growth stage of the market cycle. There is a drastic technology shift in the region, with electromechanical meters being replaced by electronic and prepaid meters. Key challenges faced are resistance to technology change by customers, financial instability, and a lack of skilled labour. Mark...

20 Sep 2016  |  Global  |  Market Research

Growing Opportunity in the Global Microgrid Market

Decreasing Costs and Technological Advancements of Decentralised Power and Storage Drives New Market Growth

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“Microgrid” is the new buzzword amidst the rise of distributed energy resources and battery energy storage systems. Significant price declines in both distributed renewable power and battery technologies, coupled with more technological advancements in control and energy management systems, have created a vision of reliable, efficient, renewable, a...

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

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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 ...

The electricity markets of Kenya and Tanzania are power scarce, with low electricity access and per capita consumption levels. Electricity demand here is set to increase significantly, driven by the economic upturn and increasing urbanisation. Kenya and Tanzania are focusing on utilising their natural gas and geothermal energy resources to meet the...

The Southeast Asia transformers market is in the growth stage with several transmission and distribution (T&D) grid projects underway in various stages of development. Governmental T&D investment plans, industrial projects, urbanization trends, rural electrification, and renewable energy projects drive this market. Still, the demand for oil type tr...

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...

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

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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 ...

19 Dec 2016  |  Global  |  Market Research

Analysis of the Global Substation Automation Market

Need to Upgrade Aged Substations and Standardize Protocols Drives Adoption

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Substations are key components of the power grid enabling efficient transmission and distribution (T&D) of power from increasingly complex sources (including conventional and renewable sources) to the demand centers. While developed markets will draw attention toward advanced substation automation solutions with interoperability features, emerging ...