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12 Jul 2022  |  Global  |  Market Research
Global Digital Grid Guidebook
The Top 50 Digital Solution Practitioners' Innovation Culture Accelerates Energy Transition and Growth Potential for Digital Grid Solutions
The ongoing global and regional efforts to decentralize and decarbonize the energy industry result in an increasingly digitized network that will be a more interconnected, intelligent, and responsive energy infrastructure continuously generating substantial amounts of data. However, the industry historically lacks innovative technologies and operat...
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18 Jul 2019  |  Global  |  Market Research
Global Smart Grid Analytics Market, Forecast to 2025
Big Data Analytics to Drive Utility Energy Management, Cost Reduction and Equipment Reliability
The global smart grid analytics market is projected to generate $2.31 billion in sales by end of 2025. This study segments data analytics according to three main areas of the grid network, which ranges from customer endpoints, all the way up to the distribution and transmission network. • T&D analytics consist of analytics-related management an...
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31 Mar 2023  |  Asia Pacific  |  Market Outlook
Asia-Pacific (APAC) Power and Energy Market Outlook 2023
Greater Emphasis on Energy Security, Renewable Energy Adoption, and Grid Investments Drive Growth
Frost & Sullivan observed that 2022 was a mixed year for the APAC power and energy sector. While the region benefitted from ending COVID-19 restrictions and increased economic activity, Russia's invasion of Ukraine meant it faced new energy security challenges as commodity prices rose, particularly for liquified natural gas. This has increased the ...
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23 Mar 2022  |  Latin America  |  Market Outlook
Latin America Power & Energy Outlook, 2022
Acceleration of RE Deployment to Ensure Transformational Growth of the Power Sector and Strengthen the Business Case for Digitalization, Diversification of Business Models, and Green Hydrogen Projects
The Latin American power and energy market is going through a considerable transformation. Renewable energies (RE) are rapidly replacing hydropower and fossil fuels’ dominance in power generation expansion as energy regulations continue to evolve to support decarbonization and decentralization roadmaps, while securing energy access for a projected ...
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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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20 Dec 2021  |  Global  |  Market Research
Global Microgrids Growth Opportunities
Microgrids Will Bolster Transition to Distributed Energy Systems and Help Grids Provide Local Energy Resilience
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...
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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 May 2023  |  Latin America  |  Market Outlook
Latin America Power & Energy Outlook, 2023
Future Growth Potential Enhanced by an Accelerated Energy Transition Global Context and the Advancements in Renewable Energy Deployment
While the world witnesses unprecedented policies and investment announcements to accelerate the energy transition—like the Inflation Reduction Act, the Green Deal Industrial Plan, and China's latest Five-year Plan—what happens in Latin America Will the region join the race for decarbonization seen in the rest of the world How does that affect the p...
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05 Feb 2020  |  Global  |  Market Research
European Virtual Power Plant (VPP) Market, Forecast to 2030
Technological Advancements, Fluctuating Energy Demand and Accelerating Growth in Renewables and Prosumers will Drive the Nascent European VPP Market
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...
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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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