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Flexible generation capacity and storage are key elements of the energy transition and the continued expansion of intermittent renewable energy (RE) because they offer unparalleled flexibility to optimally deliver energy and ancillary services. Frost & Sullivan forecasts global grid-scale battery energy storage systems (BESS) to experience rapid ex...

11 Jun 2020  |  North America  |  Market Research

North American Generator Sets Market, Forecast to 2025

Market Participants Can Capitalize on Digital Technologies and Data to Increase Brand Exposure, Which will Help Minimize the Effects of the COVID-19 Pandemic

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In this research service, Frost & Sullivan reviews the rising need for generator sets in light of the current COVID-19 crisis. The study examines market drivers and restraints over the next 6 years. The growing need for power, coupled with an unreliable and inconsistent grid, will drive demand for commercial-industrial generator sets, while technol...

Huge opportunities in energy savings have presented an excellent market opportunity for LED lighting across the globe. The LED market is also driven by factors like reduced cost, longer lifespan and government initiatives and regulations. The LED lighting market is set to grow at a rate of 8.4% from $58,619 million in 2018 to $95,040 in 2025. The ...

The global energy market is currently undergoing a massive shift with decarbonization, decentralization and new technologies being the key driving factors. Utilities, independent power producers (IPPs) and other energy companies are exploring effective ways to manage the imbalance created in demand and supply due to the intermittent nature of the g...

23 Apr 2019  |  Global  |  Market Research

Growth Opportunities in the Stationary Fuel Cell Market, Forecasts to 2030

Increasing Acceptability and Falling Costs to Drive the Market for Fuel Cells

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Fuel cells are expected to see significant growth over the next decade, as countries move toward cleaner power to diversify their power mix away from fossil fuels. The market is expected to witness steady growth due to the construction and installation of fuel cell power by companies along with the declining cost of new/existing technologies, leadi...

Diesel generator sets (gensets) are widely utilized to provide reliable mobile, stationary, or temporary on-site power, in an array of applications ranging from back-up power generation in mission-critical applications, such as hospitals and data centres, to peak-load generation in electrical grids. The European diesel genset market is experiencing...

This research service on the European substation automation market presents a detailed analysis of key market trends, market drivers and restraints, revenue forecasts for the hardware and the software segments, country-wise forecasts, and market share analysis. It also provides an in-depth analysis of the role of information and communication techn...

The driving force behind growth in the standby generators market is the increasing energy demand, which brings investments in all industry segments, advancements in technology, and enhances margins. This market insight evaluates current issues along with revenue forecasts and key regional trends that are expected to impact North American Electricit...

The focus of this research service is to analyze the drivers and restraints that affect the growth of the North American diesel generator set market. Each year, thousands of people in the North American region purchase electric generator sets to protect themselves, their families, and their businesses in the likely event of a power failure. The set...