Search results for: 'energy and power systems technology'
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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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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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20 Dec 2021  |  Global  |  Technology Research
Disruptive Technologies Enabling Building Energy Management Systems
Next-generation Sensors and Network Infrastructures Optimize Energy Efficiency and Power New Growth Opportunities
Globally, the building industry accounts for about one-third of energy consumption and emissions. According to the International Energy Agency (IEA), as of 2019, the building industry’s energy consumption reached 130 Exajoule (EJ) and has increased by 20% compared to 2010 levels. Growing ownership and use of air-conditioning and extreme weather con...
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12 Jan 2021  |  North America  |  Market Research
The Global Personal Protective Equipment (PPE) Market in the Wind Energy Industry is being Driven by Government Incentives and Initiatives
Sustainable and Environment Friendly Power Generation Growth Strategies to Create Growth Opportunities
PPE in the wind energy industry was valued at $409.2 million in 2020. The growth in the industry has been driven by an increase in installation and maintenance services of wind farms and resultant employment opportunities, growing awareness about wind energy PPE, riskier work environments, and stringent regulatory compliances. Driven by high compli...
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30 Mar 2020  |  Global  |  Technology Research
Technologies Addressing Global Energy Trilemma
Diversifying Generation Portfolios in Conjunction with Effective Energy Management Solutions Can Drive Global Energy Transition
The rising population along with the rapid expansion of anthropogenic activities has infused concerns associated with the sustainability and optimization of natural resources worldwide. Perpetual increase in per capita energy consumption in conjunction with aging energy infrastructure has further added to the debate concerning the growth and future...
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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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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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26 Mar 2019  |  North America  |  Frost Radar
Frost Radar in the Global Building Energy Management Systems (BEMS) Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
The Building Energy Management Systems (BEMS) is a globally evolving market that is poised for double-digit growth for the next 7 years. BEMS is primarily driven by the trend of high peak demand charges, customers’ commitment towards sustainability, energy efficiency regulations, state incentives for buildings to install energy management systems, ...
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10 Aug 2020  |  Global  |  Market Research
5G-powered Digital Economy Catalyzing the Global Wireless Technology Market, 2020–2024
IoT, SDN, and Low-power Consuming Wireless Technologies to Drive Growth Opportunities
The global wireless technology market is well established and is witnessing a period of dynamic growth. This market is expected to expand its revenues from $1,431.30 billion in 2019 to $5,519.40 billion by 2024, at a CAGR of 31.0%. Wireless technology is used for enabling connectivity between different communication networks, within enterprises, or...
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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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