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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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01 Jul 2019  |  Global  |  Market Outlook
Global Fluid Power Equipment Market Outlook, 2019
Strong Growth in Recent Years and the Fallout of the Trade War to Ensure Imminent Market Slowdown in 2019
This Frost & Sullivan outlook analyzes the global fluid power equipment market in detail from 2015 to 2018, and provides the outlook for 2019. It examines the various product segments, end-user industries, and market shares, and offers a competitive analysis of the global market participants. Regional analyses are provided for North America, Europe...
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25 Nov 2020  |  North America  |  Market Research
Affected by the Steep Decline in Oil Prices due to the COVID-19 Pandemic, the Global Fluid Power Equipment Market is Gradually Recovering
Bleak Investment Activity and the Global Economic Shrinkage will Lead to a Short-term Market Contraction
Owing to the US-China trade war and the global economic slowdown caused by the COVID-19 pandemic, the global fluid power equipment market is projected to face a sharp revenue contraction in 2020. Key end users, including oil and gas, aerospace and defense, and construction, are experiencing unprecedented declines due to the pandemic. The imposition...
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18 Mar 2021  |  Global  |  Market Research
Digital Twins in the Power and Utilities Industry
Decentralization and Decarbonization Will Drive Adoption across Power Generation, Transmission and Distribution, and Storage and Utilization Segments
Decentralization, digitization, and decarbonization are transforming the global power and utilities industry. Of these three trends, digitization is the core enabler for decarbonization and decentralization in the industry, disrupting how electricity is produced, stored, distributed, and consumed by end users. Digitization also opens numerous new g...
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20 Aug 2021  |  North America  |  Market Research
Power Distribution and Retail Digital Transformation Growth Opportunities
Shift Toward Multifunctional Cloud Platform Solutions Powers Future Growth Potential
Digitalization is the key enabler of decentralization and decarbonization, the other two Ds shaping the energy industry transformation. Cloud computing, Big Data, analytics, and the Internet of Things (IoT) are among technologies that enable the digital transformation of electric utilities and facilitate new ways of electricity production, storage,...
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25 Feb 2020  |  Global  |  Market Research
Drones in the Global Power and Utilities Industry, Forecast to 2030
Technological Advancements in AI, Nanotechnology and IOT will Drive the Adoption of Drones in the Power and Utilities Industry
Drones or unmanned aerial vehicles (UAVs) are currently finding application opportunities across various commercial businesses and are poised to impact multiple industry verticals in various capacities. Drone applications are emerging in various sectors such as agriculture, mining, oil and gas (O&G), construction, utilities and environmental conser...
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14 Dec 2022  |  Global  |  Market Outlook
Outlook 2023: Top 10 Predictions for the Oil & Gas Industry
Energy Transition and Decarbonization Goals to Drive Innovation and Sustainability Initiatives
The global energy industry is going through an unprecedented transition period, and this change is bringing exciting new growth opportunities to the oil and gas (O&G) sector. However, the shift to a net-zero future for carbon emissions means many companies are also facing pricing, energy security, and industry disruption struggles. The energy indus...
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08 May 2020  |  Global  |  Market Research
Global DC Power Systems Market, Forecast to 2025
5G Deployment to Lead Demand for DC Power Usage
DC power systems are expected to see growth as increased demand from telecom companies leads to increased deployment. Advent of 4G and 5G networks leads to steady growth of DC power systems as telecom base station power demand increases steadily. 5G deployment is the key driver for DC power systems, which is expected to see modest growth between 20...
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19 Nov 2021  |  North America  |  Market Outlook
Global Water and Wastewater Treatment, Outlook 2022
Innovative Digital Solutions and Platforms are Capitalizing on Outcome-based Investments in Water Utilities and Industries
The COVID-19 pandemic has revitalized the importance of resilient and future-ready water and wastewater infrastructure. Municipalities and industries across the globe have begun adopting net-zero, decarbonization, and circularity goals to become sustainable, resilient, and future ready. IoT-based solutions have become a vital cog in helping end use...
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10 Feb 2023  |  North America  |  Market Research
Pulp and Paper Automation Growth Opportunities
Innovation Culture Driving Sustainable and Scalable Automation Opportunities
Recent changes in pulp and paper manufacturing have led to significant developments in the pulp and paper automation market. Pulp and paper manufacturers have been under constant pressure to reduce costs, particularly due to the rising prices of energy and raw materials. This has resulted in an increasing reliance on automation solutions that ramp ...
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