Search results for: 'application marking of emerging battery technologies'

Global forklift truck sales are expected to grow 4.7% from 2018 to 2023 due to sustained growth in the top truck markets of North America, Europe, and Asia Pacific. The creation of new infrastructure along with increasing penetration of e-commerce bolsters growth of forklifts in freight and logistics sector. Stricter emission regulations and incr...

31 Dec 2018  |  North America  |  Market Research

Commercial Battery Energy Storage Market in Key Markets, Forecast to 2025

With Rising Demand Charges, Rapid Battery Price Reductions, Rampant Technological Innovation and Evolving Business Models, the Global Commercial Battery Storage Market will Exhibit Dramatic Growth Till 2025

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The commercial battery storage market is expected to show enormous growth, rising from $160.4 million in 2017 to $1.6 billion by 2025. Behind-the-meter battery energy storage systems at commercial sites offer attractive benefits such as peak demand charge reduction, back up, peak shaving and using batteries to participate in the local ancillary gri...

Global emergency lighting is expected to account for 3.3% growth in 2021 after a decline of 6.7% in 2020 due to the pandemic. The market will only reach pre-COVID-19 growth rate in 2022. Market revenue is forecasted to be valued at $6.9 billion by 2027 with a compound annual growth rate (CAGR) of 5.9% from 2020 to 2027. North America will contin...

The global data center market continues to grow despite the pandemic and will experience a high growth trajectory over the coming years due to the rise in hyperscale data centers, investments, data creation and consumption, and data traffic volumes fueled by emerging technologies, such as 5G, edge, internet of things, and artificial intelligence/ma...

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...

The growth of digital tools and technologies has created new business models for the automotive industry. Today's automotive OEMs are shifting from selling cars to providing mobility solutions by exploring opportunities in several markets, such as electric vehicles, connected and autonomous mobility, and others, to create revenue opportunities. Thi...

28 Mar 2018  |  Global  |  Market Research

Global Residential Battery Energy Storage Market, Forecast to 2022

With Increasingly Favourable Market Conditions, Rapid Price Reductions and Rampant Technological Innovation, the Global Residential Battery Storage Market Will Show Dramatic Growth Till 2022

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The residential battery storage market is expected to show enormous growth over the period of 2016 to 2022, from a market of USD744 million in 2016 to USD3.6 billion by 2022. The market is being spurred on by feed-in tariff and net metering revisions in historic residential PV hotspots, subsidies and tax incentives, rapid price reductions in lithiu...

Frost & Sullivan conducts an annual survey of IT and business decision-makers regarding their views of different technologies, such as the internet of things, artificial intelligence, and the cloud. Frost & Sullivan’s 2022 IT Decision Makers Survey included a new section to understand the perception and use of immersive technologies and the metaver...

25 Jul 2019  |  Asia Pacific  |  Market Research

Asia-Pacific Lithium-ion Battery Market, Forecast to 2025

Electric Vehicles, Energy Storage, and Industrial Applications Boost Demand

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Key Issues Addressed

Increasing use of smartphones that offer the mobile Internet facility loaded with multiple applications has become a way of life around the world. The Asia-Pacific region includes countries with high populations, emerging economies, and increasing urbanization. All this paves the way for higher demand for smartphones and improved telecommunications...