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Location-based entertainment (LBE) refers to immersive video installations that leverage technology and a shared environment to create engaging experiences not typically achievable in homes. Immersive video LBE uses high-resolution, wide field of view domed and wall displays, and/or virtual reality (VR), augmented reality (AR), mixed reality (MR), ...

06 Feb 2023  |  Global  |  Market Research

Battery Energy Storage Growth Opportunities

Renewed Governmental Support for Clean Energy Transition Propels an Already Fast growing Industry

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Global battery energy storage (BES) deployment grew 51.8% in 2022 from 2021, with 17.54 GW/38.2 GWh commissioned. 2022 was a historic turning point in the clean energy transition. Despite constraints in the supply of critical minerals and materials, shipping, and sitting and permitting processes, BES is a burgeoning technology poised for accele...

In the last 5 years, Europe has faced unprecedented weather disruptions caused by factors attributed to climate change. Drought and heat waves have caused water stress across Europe and led most European countries to adopt and implement water conservation policies. Policies that focus on water infrastructure's digital transformation, the reduction ...

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...

Middle East and African (MEA) countries are the most water-stressed. GCC and most MENA countries are significantly increasing their seawater desalination capacity to meet growing water demand and mitigate water stress. Sub-Saharan African countries face water stress due to rapid urbanization and inadequate water infrastructure. As part of SDG 2030 ...

This Frost & Sullivan analysis outlines the strategic imperatives, growth drivers, and constraints influencing the rear-seat entertainment (RSE) ecosystem. Principal drivers include increasing consumer demand for premium in-cabin experiences, advancements in display technologies, and the expansion of 5G-enabled content ecosystems. Key restraints in...

This study analyzes breakthrough advancements in mechanical energy storage (MES) technologies. With the decreasing cost of renewable energy, the contribution of clean energy systems to the global electricity mix has significantly increased, reaching around 30% in 2022. This, in turn, has led to an exponential surge in the demand for energy storage ...

The battery energy storage system (BESS) is a super-high growth market. The ongoing clean energy transition driving intermittent wind and solar capacity and the retirement of fossil-fuel-based generation plants requires critical services to balance the electricity system. BESSs have emerged as the most effective solution for this purpose. Estimated...

Battery energy storage systems (BESS) have rapidly become the fastest-growing clean energy technology driven by the growth of wind and solar and the need for grid flexibility. While commercial and industrial (C&I) BESS installations have traditionally lagged behind grid-scale and residential deployments, the sector holds considerable opportunit...