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This edition of the Oil and Gas (O&G) Technology Opportunity Engines features innovations happening in nitrogen separation from natural gas using cryogenic technology. The TOE also covers the advancements in 3D construction solutions for Oil & Gas sites. The TOE covers the advancements in high pressure pumps for well injection and also the utilizat...

This report presents Frost & Sullivan’s analysis of blockchain use cases specific to the automotive industry in several regions, namely North America, Europe, China, India, Latin America, and the Association of Southeast Asian Nations (ASEAN). The study period is 2022–2023. The blockchain revolution is transforming industries worldwide, and the au...

Climate change is one of the main factors contributing to the extended duration and expansion of wildfires worldwide. In response to this new global scenario, firefighting agencies are adopting technologies to prevent, suppress, and recover from wildfires. Commercial drone platforms are being integrated into existing firefighting workflows to reduc...

Battery energy storage systems (BESS) are crucial in enabling the energy transition. Their deployment is essential to providing electricity systems' flexibility to support higher electrification, relying primarily on variable renewable energy (RE) sources. At the behind-the-meter (BTM) level, batteries are also increasingly recognized as a critical...

The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to Vision Sensing, Automated Logistics, Drones, Batteries and RISC-V Cores.The purpose of the Mobility Technology TOE is to raise awareness of global technology innovations in self-propelled ground-based mobile platforms that are not only technically significant but pote...

Novel technologies are improving aircraft hangars, and particularly the activities that take place within these hangars (final assembly or heavy maintenance and modification work). Industry 4.0 trends have positively changed the way aircraft are built or maintained in hangars, leading to the emergence of smart hangars. This research discusses tr...

08 Jul 2022  |  North America  |  Market Research

Global Transformer Growth Opportunities

Greater Grid Resiliency, Increased Grid Intelligence, and Security of Supply— All Key Drivers of Future Growth

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Key Issues Addressed

Rising electricity demand complemented by sustained scaling up of renewable energy worldwide will boost investments in power transmission and distribution (T&D) infrastructure and grid assets, including transformers. The global transformer market revenue is expected to reach $64.24 billion in 2030; a market rebound is expected from 2022 onward. Tho...

The world population will grow from 7.3 billion people today to 8.2 billion by 2025, and 9.7 billion by 2050. As a society, we will need to produce 70% more food than is currently produced today. The agricultural Industry requires a revolution and artificial intelligence is that revolution. Artificial intelligence will drive five use cases that wil...

Digitization trends and automation technologies can significantly improve efficiency of processes and efficiency of oil and gas plants. This is owing to their ability to perform seamless operations and enable informed decision-making by means of data analysis using AI-based software analytics platforms. Conventionally, the oil and gas industry has ...