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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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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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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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21 Nov 2022  |  Global  |  Market Research
Global Smart Electricity Meter Data Management Growth Opportunities
Disruptive Technologies will be the Bedrock of the Next Level of Grid Intelligence and Enable Utilities to Survive the Energy Transition
The global penetration rate for smart metering is forecast to increase from just over 40% at the start of 2022 to 65% by 2030. This growth will lead to an increased demand for meter data management (MDM) software. First-generation meters largely focus on basic functions such as billing and time-of-use pricing. With the growth of decentralized energ...
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29 Mar 2022  |  Global  |  Market Research
Global Electrification Growth Opportunities
Regulatory Frameworks, Disruptive Technologies, and the Growth of Renewables and Smart Grid Management Technologies will Drive Electrification
Governments across the world are looking for solutions to mitigate climate change and pave the way for decarbonization. The route to decarbonization requires supportive regulatory frameworks that mandate energy efficiency and emission reduction measures across all sectors. To achieve a low-carbon future, significant economic investments in renewa...
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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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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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06 Dec 2019  |  Global  |  Market Research
Impact of IIoT in the Global Water & Wastewater Industry
IIoT is significantly impacting economic and environmental sustainability and taking the industry a step closer to realizing the goal of circular economy
Water and wastewater (W&WW) utilities across the globe are increasingly exploring digital solutions to improve their resilience, and economical and environmental sustainability, which have been impacted by factors like water stress, pollution, and climate change. Digitalization through Industrial Internet of Things (IIoT) based smart solutions has ...
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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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