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The global microgrids market revenue is forecast to increase from $3.37 billion in 2022 to $8.00 billion in 2030. While North America is projected to remain the largest regional market over the forecast period, the Asian region is expected to outpace its growth. With a largely secure grid infrastructure, the European Union has limited microgrid dev...

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...

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...

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...

24 Aug 2018  |  North America  |  Market Research

Analysis of the North American Grids Cyber Security Market, Forecast to 2022

Growing Appetite for Automation Solutions Fuels Growth in Grid Cyber Security

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Key Issues Addressed

The cyber security solutions market has been analyzed on the basis of the five different services, namely Network Access & Operations (NA&O), Analytics & Compliance (A&C), Security Services (SS), Internet Property Defense (IPD), and Device Management (DM). This report is segmented based on solutions offered for the transmission & distribution (T&D)...

As the smart grid continues to develop, metering is a key building block in the process, enabling the accurate measurement of consumption and allowing utility companies to move toward real-time pricing and policies to try and reduce peak demand. The market is being driven by increased regulations and, in some markets, a desire to minimise non-techn...

The global smart meter market continued to register strong growth in 2018, as major rollouts continued to accelerate, pilot projects became larger projects and the first second-generation smart meter installations occurred. China will remain the most important country market, accounting for approximately 50% of shipments across the forecast period,...

28 Jun 2017  |  Global  |  Market Research

Global Harmonic Filters and Reactors Market, Forecast to 2020

Power Quality Needs from Emerging Markets Drive Revenue Growth

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The global harmonic filters and reactors market will continue to be driven by power quality standards and compliance, transmission and distribution (T&D) infrastructure investment, the energy demand and supply gap, and technological innovation. Increased demand from emerging markets will be the key to future revenue growth. Despite the economic sl...

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...