Search results for: 'leas grid'

The Latin American light vehicle leasing and rental market is in the growth stage. Although leasing and rental companies in the region faced growth-related challenges due to the COVID-19 pandemic, the market has started growing once again. However, the growth trend has not begun at the same time in all the countries, as each has their own pain poin...

The European automotive landscape is undergoing a profound transformation driven by electrification, sustainability imperatives, and digital mobility solutions. Electric vehicle (EV) leasing has emerged as a pivotal enabler in this transition, providing individuals and corporates with flexible, cost-effective, and low-risk access to electric mobili...

Global economies are in the phase of easing restrictions and accepting the new normal. European leasing and rental companies are embracing the new challenges set forth. The connected car is a ground-breaking trend in the automotive industry, and many automobile manufacturers are offering telematics as standard services in vehicles rolled out from f...

In 2021, the electric vehicle (EV) penetration rate in North America was low, at less than 4%, but several geopolitical factors are sending the trend on an upwards trajectory. For example, a ban on Russian oil by the United States and Canada after the start of the Russo-Ukrainian War has caused oil prices to soar in many places. As a result, the vo...

Vehicle leasing addresses several challenges associated with an organization's mobility needs, such as vehicle funding, fleet maintenance, and residual risk. Businesses need to focus on their core products and services, leading to outsourcing of support activities related to mobility, ranging from fleet purchasing to remarketing. Unless an expert t...

The industry faced significant challenges in 2023, as the ripple effect of supply chain and logistical issues echoed throughout the industry, which struggled to meet the strong demand for transmission and distribution (T&D) equipment. Despite supply chain challenges and economic uncertainty, the pressing need for grid modernization to meet the requ...

Although much of the focus on grid investment relates to hardware, there is a growing awareness of how important it is to increase the overall intelligence of the grid. Frost & Sullivan s Digital Grid Attractiveness Index analyzes and ranks countries based on how attractive they are for digital grid developments in terms of implementing improvement...

11 Dec 2023  |  Global  |  Market Research

Global Grid Equipment Growth Opportunities

Electrification and Decarbonization Trends Drive Future Grid Investments

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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, switchgear, and cables. Frost & Sullivan expects the global grid equipment market revenue to reach $232.74 billion in 2030, with cabl...

The study aims to understand the overall structure of the Chinese light vehicle leasing and rental market, which has witnessed substantial growth, fueled by the increasing demand for mobility solutions and leasing's benefits, such as reduced capital expenditure and flexible contracts. However, the market remains highly fragmented, with intense comp...