Search results for: 'system low its'

The global medium voltage (1-38kV) and high voltage (greater than 38kV) switchgear market is a mature one with steady growth across the globe driven by factors such as replacement of aged infrastructure, rising power demand, and growing renewable and industrial establishments. The study aims to analyze and forecast the global switchgear market. Res...

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...

An electricity grid is one of the most complex networks and includes many systems and components. The increasing power demand is driving utilities and companies to design networks that can be effectively managed and controlled, resulting in a highly complex and intricate system. To meet this need, utilities require tools, such as intelligent electr...

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

Infographics

×

“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...

The global penetration rate for smart metering is forecast to increase from just over 40% at the start of 2022 to 65% by 2030. This growth will lead to an increased demand for meter data management (MDM) software. First-generation meters largely focus on basic functions such as billing and time-of-use pricing. With the growth of decentralized energ...

The global smart meter market continued to register strong growth in 2019, as major rollouts continued to accelerate. China led the trail and various pockets of Europe went ahead with large-scale pilots and installing second-generation smart meters. China continued to account for more than half of the global market, holding 56.2% of the total shipm...

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

Infographics

×

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...

The energy sector in Namibia is dominated by liquid fuel usage, imported electricity and local wood fuel supplies. Namibia's economic growth potential lies in the development of its mines and the discovery of oil and gas. This research service gives a comprehensive analysis of the current energy situation in Namibia as well as the country's future ...

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...