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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
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 ...
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16 Oct 2018  |  North America  |  Market Research
North American High Voltage Gas Insulated Switchgear (HV GIS) Market, Forecast to 2024
Investment for Long-term Capacity Stabilizes Demand for HV Infrastructure
A gas insulated switchgear (GIS), typically housed in a high voltage substation, is a critical component in the substations of the transmission network of utilities or in energy-intensive industrial units. In general, GIS structures are contained in a metal-sealed environment with sulfur hexafluoride gas (SF6) as the insulating medium. A GIS’s basi...
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20 Sep 2016  |  Africa  |  Market Research
Kenya and Tanzania Electricity Markets
Addressing Opportunities in a Region with Growing Power Demand
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...
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28 Apr 2017  |  Global  |  Market Research
Global Virtual Power Plant Market, Forecast to 2022
Changing Consumer Roles in the Utility Industry will Spur the Demand for Virtual Power Plant Solutions
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...
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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
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...
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28 Apr 2023  |  Global  |  Market Research
Global Microgrids Growth Opportunities
Demand for Electrification, Renewables, and Grid Resilience Drive Future Growth Potential
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...
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31 Dec 2014  |  Global  |  Market Research
Analysis of the Global Distribution Automation Market
Emerging Regions are Likely to Deploy Distribution Automation Solutions to Meet their Rapidly Growing Power Demand
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...
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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
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 ...
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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
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...
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13 Feb 2019  |  Global  |  Market Research
Global Trends in Electricity Distribution Network Intelligence, 2019
Addressing the Case for Effective Intelligence through One Integrated Value Proposition is Essential to Tackle Future Electricity Network Demand
The 2020s will see last-mile electricity infrastructure undergo some much-needed advancement,which will enhance the overall electricity system. It will become a smarter and a more responsive system, one in which a car could power a home or batteries could power an entire football stadium on match day. The possibilities will increase based on how co...
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