Search results for: 'low power electronics energy storage'
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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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09 Feb 2022  |  Global  |  Market Research
Global Solar PV Services Growth Opportunities
Advanced Service Offerings and Upcoming Projects are Set to Fuel a Strong Growth Pipeline
Climate change has spurred a flurry of investments in renewable sources and decarbonization efforts. Following the COP21, Paris (2016) which proposed renewable source targets to be achieved by 2030, more than 100 countries pledged to cut methane emissions by 30.0% from 2020 levels at the recent COP26; this is likely to have a direct impact on the e...
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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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16 Apr 2021  |  North America  |  Market Research
Information Technology and Operations Technology (IT-OT) Convergence Powers the Global Industry 4.0 Market for Mechanical Test Applications
Customer Experience, Driven by Digitally Led Business Models, Creates New Growth Opportunities
The impact of the convergence of Information Technology (IT) and Operational Technology (OT) has been tremendous in recent times. Benefits of this convergence can be seen even in traditional markets (e.g., mechanical testing). The world is staring at an economic mess propelled by the catastrophic outbreak of COVID-19. In 2020, the demand for digita...
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29 Apr 2019  |  Global  |  Market Outlook
Global Homes and Buildings (H&B) Industry Outlook, 2019
Artificial Intelligence (AI), Voice Command Control, and IoT-enabled Lighting to Drive the Industry Forward
The homes and buildings (H&B) industry continues to evolve, driven by transformational technologies such as artificial intelligence (AI), machine learning, Internet of Things (IoT), data analytics, and the cloud. These technologies are significantly impacting smart homes, LED lighting, building automation, and building energy management markets. Ev...
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19 Apr 2021  |  North America  |  Market Outlook
Digital and Outcome-linked Service Innovations to Power the Global Homes and Buildings Industry, Outlook 2021
Future Growth Potential Driven by Resilient and Sustainable Business Models
The COVID-19 pandemic has impacted nearly every sector and has forced various industries to undergo business transformation initiatives to adapt to the new normal environment. The Homes and Buildings (H&B) industry is no exception and is expected to face an acute recovery challenge both from the supply and demand side of the industry in 2021. As ho...
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26 May 2021  |  Global  |  Market Research
New Technology Transforming Energization in the Aerospace & Defense Industry
Future Growth Opportunities Enhanced by the Demand for Greener and More Efficient Equipment
Driven by the new green government policies and the need to enhance capabilities and efficiencies, defense operators are turning to new power sources and energization mechanisms. Advances in energy storage and its applications today enable operators to provide silent watch solutions and use directed energy weapons and hybrid drive systems in platfo...
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23 Feb 2022  |  Global  |  Market Research
Global Solar Photovoltaic Growth Opportunities
Decarbonization Efforts and Continual Decline in Project Costs Drive Transformational Growth
Global concerns about climate change have spurred a flurry of investments in renewable energy sources and other decarbonization initiatives. The efforts to focus on renewables were initiated at the 2016 COP21 in Paris, which led to countries setting renewable energy targets to achieve by 2030 in attempt to mitigate global warming. More recently, at...
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28 Dec 2018  |  Global  |  Technology Research
Disruptive Innovations Redesigning Orthopedic Devices and Procedures
Technology Convergence Powering Innovations in Orthopedics
Orthopedic procedures spans the spectrum from diagnosis to surgery, from implants to exoskeleton devices, and from a technology perspective, from biomaterials to digital innovations improving orthopedic outcome. TechVision's latest research service provides an overview of the innovations that are propelling the orthopedics industry along devices, i...
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23 Dec 2022  |  Global  |  Market Research
Global Non-destructive Testing (NDT) Equipment Growth Opportunities—Forecast to 2028
The Post-pandemic Major Recovery in Operations and the Growth of the Composite Materials Market Fuel NDT Equipment Growth
COVID-19 brought about major changes for companies and industries globally, followed by a recovery of operations in 2021. 2022 began with the war between Russia and Ukraine, which created fears of a global recession and inflation, resulting in uncertainties among manufacturers to plan future investments. While Europe is likely to be affected more, ...
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