Search results for: 'Low cost energy'

11 Apr 2022  |  South Asia, Middle East & North Africa  |  Market Outlook

Middle East Power & Energy Outlook, 2022

Strong Growth in Electricity Demand and Supply Security Drive the Industry While Decarbonization and Expanding Markets Propel Power Investments

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Globally, the Middle East (ME) is one of the regions most vulnerable to climate change. Nearly every ME country has been subjected to some of the lowest precipitation levels historically, and hotter climatic conditions will lead to a surge in demand for electricity to power regional cooling requirements. In fact, cooling already accounts for 70% of...

The market for Energy Performance Contracting (EPC) for buildings in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA) is in early stages of development. However, both countries are making significant progress in not only diversifying their economies toward lesser dependence on oil but also toward more environmental sustainabilit...

The GCC remains a critical global economic region due to its energy resources, central location in global trade routes, and large sovereign wealth funds. As it transitions from hydrocarbons to diversified growth, investing heavily in renewables, hydrogen, and new industries, it is expected to sustain stable growth of 4%-4.5% through 2035, supported...

10 Aug 2020  |  South Asia, Middle East & North Africa  |  Market Research

Transformative Trends and Innovative Business Models Powering the Indian Electric Bus Market

Future Growth Potential Enhanced by New Business Models and Low Cost of Ownership Opportunity in the Electric Bus Market

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This study on the Indian electric bus (eBus) market discusses the key influencing trends that are driving the growth in this segment. Government Initiatives in India to promote electric buses, state government initiatives, and FAME-II overview and incentives schemes are discussed in this study. The tenders in different cities for procuring the elec...

11 Jan 2021  |  South Asia, Middle East & North Africa  |  Market Research

Disruptive Technologies and Innovative Business Models Transforming the Transport Management System Market in India

Growth of the eCommerce Industry, Digital Transformation of Logistics Operations, and Shifting End-user Preference towards Low Cost of Ownership to Drive Uptake of TMS Solutions

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The transport management system (TMS) market in India is estimated to register double-digit CAGR from 2019 to 2028. Growth of the eCommerce industry, digital transformation of logistic operations, and shifting end-user preference towards low cost of ownership will drive the growth of TMS solutions in the country. This study covers the TMS software ...

The study traces the development of the Indian electricity market, providing key forecasts for the Indian power sector. It focuses on renewable energy (RE), new technologies, and future investment destinations in India. India is the third-largest power producer in the world, behind China and the United States. However, the country has been facing...

07 Jan 2022  |  South Asia, Middle East & North Africa  |  Market Research

Gulf Cooperation Council (GCC) Stationary Lead-acid Battery (LAB) Growth Opportunities

Renewable Energy, Telecoms and Data Centers Key Drivers of Growth

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Evolving economic scenarios, innovation, and diversification of energy resources are playing a key role in the development of stationary battery storage technologies globally and also within the Gulf Cooperation Council (GCC). Economic and energy diversification away from oil and gas is a key trend in the GCC that is impacting the adoption and futu...

The GCC has entered a period of strategic economic transformation as governments accelerate diversification efforts, strengthen economic resilience, and reduce dependence on hydrocarbon revenue amid heightened geopolitical uncertainty and evolving global trade dynamics. While the implications of the US-Iran conflict and periodic closures of the Str...

The tankless water heaters market is in a nascent stage in the country. However, it has the potential to replace storage water heaters in the long term. Increasing awareness levels of the product and the need for energy savings will drive the market. The market is dominated by storage electric water heaters. There is strong growth of solar water he...