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04 Oct 2017  |  North America  |  Market Research

North American Digital Substation Market, Forecast to 2022

Growing Distributed Energy Resources and Need for Grid Modernization will Drive Demand

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Utility substations form an integral part of the entire grid network. They will play a vital role in the smart grids of tomorrow. With growing complexity in the grid, energy companies are recognizing the importance of digital transformation. Additional challenges include substation projects coming under increasing cost and time pressure, investors...

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...

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

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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...

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...

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 global microgrids market will experience strong revenue growth, increasing from $8.85 billion in 2021 to $19.55 billion in 2030. North America and Asia-Pacific (APAC) will be the leading markets from 2021 to 2030. However, APAC will outpace North America and hold the highest share in the long term, focusing on remote microgrids. With largely se...

08 Jul 2022  |  North America  |  Market Research

Global Transformer Growth Opportunities

Greater Grid Resiliency, Increased Grid Intelligence, and Security of Supply— All Key Drivers of Future Growth

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Rising electricity demand complemented by sustained scaling up of renewable energy worldwide will boost investments in power transmission and distribution (T&D) infrastructure and grid assets, including transformers. The global transformer market revenue is expected to reach $64.24 billion in 2030; a market rebound is expected from 2022 onward. Tho...

27 Oct 2015  |  Global  |  Market Research

Global Smart Electricity Meter Market

Consistently High Revenue Forecast up to 2020, Japan, France, and the UK Being the Hottest Countries

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The global smart electricity meter market research service provides forecasts on unit shipments and associated revenues for all the major regions, including country-level forecasts for key markets. The forecast period is from 2012 to 2024, providing a more comprehensive vision on when and how long crucial smart meter rollouts will take. The study a...

05 Aug 2016  |  Global  |  Market Research

Global Transformer Market

Market Growth Led by T&D Infrastructure Investments in Developing Regions and Replacement Demand in Developed Regions

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The growth of the global transformer market is led by higher investments in replacing ageing infrastructure, especially in North America, Europe, Australia and New Zealand, and Japan. Asia-Pacific, including China, is the largest and fastest-growing market, mainly driven by transmission and distribution developments and industrial growth in Southea...