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12 Jan 2023  |  Global  |  Market Outlook
Growth Opportunities for the Power & Energy Industry
Frost & Sullivan’s Top 10 Growth Opportunities for the Power & Energy Industry summarizes the major trends that will gain momentum in 2023. The mounting pressure to achieve global decarbonization and Russia’s invasion of Ukraine will continue to disrupt the power and energy sector. Investment in renewable energy will increase, with annual instal...
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05 Dec 2022  |  Global  |  Market Research
Impact of the Russo-Ukrainian War on the Global Power & Energy Industry
Disruption Accelerates Investment and Drives Innovation
Russia’s invasion of Ukraine has caused significant disruption to global energy markets. Europe has felt the biggest impact as a significant buyer of oil, and particularly gas, from Russia. In fact, Russia accounted for 35.5% of Europe’s gas supply in 2021. As the volume of gas coming from Russia has fallen, Europe has been scrambling to secure sup...
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03 Nov 2021  |  Global  |  Market Research
Global Data Center Power and Cooling Growth Opportunities
5G, Edge, and IoT Development Drives the Growth of Data Centers and the Associated Power and Cooling Solutions
Data center UPS and cooling systems are key components of data center architecture, which fulfills critical power and cooling requirements for electronic equipment. The global growth of the Internet and mobile devices has led to increased data creation, and this data needs to be stored and processed quickly and in real time. This has led to increas...
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09 Dec 2022  |  Global  |  Frost Radar
Frost Radar™: Baggage Management Systems, 2022
A Benchmarking System to Spark Companies to Action—Innovation that Fuels New Deal Flow and Growth Pipelines
Air transport continues to recover as COVID-19 evolves from the pandemic to endemic stage, accelerating the reopening of international borders as governments relax travel restrictions. Frost & Sullivan estimates that 3.54 billion passengers will return to the skies in 2022 (representing 78% of the pre-pandemic load factor of 4.54 billion), with com...
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28 Aug 2019  |  Global  |  Market Research
Global Home Energy Management Systems (HEMS) and Building Energy Management Systems (BEMS) Market, Forecast to 2025
Energy Efficiency Legislation, Customer Awareness, and Commitment to Sustainability are Crucial for Accelerated Market Growth
The Home Energy Management Systems (HEMS) and Building Energy Management Systems (BEMS) market is dynamic and poised for accelerated growth for the next 7 years. BEMS is primarily driven by the trend of high peak demand charges, customers’ commitment towards sustainability, energy efficiency legislation, state incentives for buildings to install en...
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18 Sep 2018  |  Global  |  Market Research
Impact of Artificial Intelligence (AI) on Energy and Utilities, 2018
Technology Convergence of AI with IoT, Cloud, and Big Data will Open Up Numerous Application Opportunities in the Energy Sector
Artificial Intelligence (AI) is one of the biggest technological trends transforming every business sector across the world. With advances in computer technology, AI has scaled new heights in utility and application, exceeding all initial expectations. By leveraging advanced machine learning (ML) and deep learning (DL) algorithms, and advanced neur...
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27 Oct 2021  |  Global  |  Market Research
Global Manufacturing Execution Systems (MES) Growth Opportunities
Paperless Shop Floors Drive the Evolution of Intelligent Machines in Process, Discrete, and Hybrid Industries
The increase in volume of data within a shop floor and the complexity of networking within a plant requires systems that make the flow of data easy to handle. Manufacturing Execution System (MES), is considered the heart of data within the process, discrete, and hybrid industries. MES is the layer of controller software that connects the Enterpr...
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10 Sep 2019  |  Global  |  Market Research
Global Data Acquisition (DAQ) Market, Forecast to 2025
Software Solutions Enabling Central and On-premise Data Visibility and Insights Drive Growth
The global data acquisition system market is witnessing a strong growth due to emerging use cases for IIoT and growing adoption of digital technologies in industry verticals. With the advent of sensors 2.0 and IIoT, there are higher volumes of data to be collected in field and manufacturing applications. Furthermore, increasing adoption of Ethernet...
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13 Nov 2019  |  Global  |  Frost Radar
Frost Radar—Blockchain Technology in the Energy Industry
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
The architecture of the global energy market is changing. The market model is transforming from highly centralized power distribution into decentralized, distributed energy management enabled by intelligent software and new approaches to data management. Three trends—digitalization, decentralization, and decarbonization—are steering the transformat...
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19 Sep 2019  |  Global  |  Market Research
Data Monetization in the Power and Utilities Industry, Forecast to 2030
Post 2020, the 5th Wave of Computing Caused by the Convergence of AI, Big Data, 5G and IoT will Enable Effective Monetization of Data
In today’s data-driven economy, data is a strategic asset to any business, and organizations around the world are occupied with anomalous amounts of data. Frost & Sullivan expects that the volume of data created would reach 175 Zettabytes (ZB) by 2025. Driven by this explosive growth in data and technological advancements in Big Data and computing,...
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