Search results for: 'base up part systems'

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...

Distributed energy resources and distributed energy storage systems (ESS) are changing the face of power generation and distribution in the Organisation for Economic Co-operation and Development (OECD) countries. To tap these new market opportunities, consumers need to be properly supported with financing options for ESS installations. The study s...

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...

24 Sep 2015  |  Global  |  Market Research

Analysis of the Global HVDC and FACTS Market

The Integration of Renewables into Grid Networks is Driving Remarkable Developments in High-voltage Transmission Systems

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As a result of global population explosion and growing power demand, utilities are investing in new power plants. The rise in environmental concerns urges power producers to invest in clean energy, which is typically located in remote regions. To connect such remotely located power generation sources and to also minimize transmission losses, compan...

The Asia-Pacific switchgear (low voltage, medium voltage, and high voltage) market is predicted to have a steady growth rate of 2.9% from 2018 to 2025, driven by increasing power demand and grid connectivity across the region. Demand for switchgears also is driven by retrofits of aging equipment, especially in the medium- and high-voltage categorie...

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...

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)...

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 ...

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...