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Effort toward restricting the world’s temperature increase to 1.5°C has been on the global agenda ever since the Paris Agreement in 2015. However, the United Nations’ recent COP26 conference highlighted the fact that although we have taken enormous initiatives, the work still falls short of achieving the target. Both corporations and governments...

18 Dec 2023  |  Global  |  Technology Research

Technologies Enabling Industrial Electrification

Global Efforts to Deliver Net-zero Carbon Emissions Will Spur the Decarbonization and Electrification of Emissions-intensive Industries

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The global industrial sector is responsible for nearly 30% of carbon emissions annually. To achieve carbon reduction targets, demand is increasing for the electrification of key manufacturing processes. Focus is currently on achieving direct electrification, which involves replacing fossil fuels used in various industrial processes with technologie...

Renewable power generation has been central to decarbonization initiatives by governments and the commercial and industrial (C&I) sector. Energy storage solutions address the challenges posed by renewable power sources, including intermittency, thereby accelerating the deployment of renewables, which have rightfully gained substantial investments i...

Alongside major trends such as carbon capture, hydrogen production and usage, and energy efficiency, the electrification of oil and gas (O&G) operations using renewable energy sources will be a major area of opportunity for decades to come. Globally, governments are looking for solutions across sectors to mitigate climate change and support deca...

As decarbonization strategies gather pace across industries, the electrification of processes in the oil and gas (O&G) industry is emerging as a pillar of growth opportunity and innovation. Frost & Sullivan has identified a complex and dynamic value chain and set of process steps where opportunities await. Despite the significant potential to ...

The Paris Agreement set ambitious targets to progressively reduce greenhouse gas (GHG) emissions based on national plans, known as nationally determined contributions (NDCs). Consequently, carbon pricing and crediting instruments were introduced to reduce global emissions by applying a price to the GHGs emitted by a certain activity, leading to the...

14 Jun 2022  |  Global  |  Market Research

Global High-voltage (HV) Gas-insulated Switchgear (GIS) Growth Opportunities

Net-zero Energy Transition Commitments and the Increased Spend on Transmission Networks will Fuel Market Growth

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Key Issues Addressed

This Frost & Sullivan research service offers a comprehensive analysis of the high-voltage (HV) gas-insulated switchgear (GIS) (including SF6-insulated and alternative gas-insulated equipment rated above 72.5kV) market from 2022 to 2030. The study presents a market revenue forecast based on region (North America; Europe; Asia-Pacific (further segme...

This research outlook provides an overview of the global opportunities and challenges that will influence the growth of pump original equipment manufacturers (OEMs) in the water and wastewater industry. With sustainability and energy transition being key trends, digital transformation has become the core solution for short-, medium-, and long-t...

Direct air carbon capture (DACC) is a negative-emission carbon dioxide reduction technology that directly captures CO2 from the air with solid or liquid adsorbents/solvents and then uses a heat source to desorb the CO2. It is a rapidly emerging and dynamic segment of the carbon capture, utilization, and storage industry. DACC is still in the e...