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Developed economies in Europe are facing elevated price pressures and a tight credit environment amidst subdued global growth in 2023. Persistent inflation, climate change's adverse impact on the tourism industry, slowing export demand, and geopolitical chaos are key factors likely to weigh on near-term growth momentum. A significant cutback in oil...

The defense industry will continue to face several challenges in 2024 as armed forces with limited financial resources worldwide will seek to modernize their equipment. Countering new threats, such as hypersonic missiles and unmanned loitering munitions, requires new operational thinking and technology advancements from the defense industry. This s...

The global penetration rate for smart metering is forecast to increase from just over 40% at the start of 2022 to 65% by 2030. This growth will lead to an increased demand for meter data management (MDM) software. First-generation meters largely focus on basic functions such as billing and time-of-use pricing. With the growth of decentralized energ...

28 Nov 2022  |  Global  |  Market Research

Global Combined Heat and Power (CHP) Market Growth Opportunities

The Need to Decarbonize the Grid and Obtain Sufficient Thermal Energy Drive CHP Solutions

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As governments prioritize climate change mitigation, the cogeneration of heat and power emerges as an essential enabling factor for energy efficiency. Factors driving cogeneration adoption are energy efficiency requisites, energy conservation efforts, rising energy prices, the demand for clean energy generation, and grid resilience and ability to c...

Over the last two decades, the agriculture industry has dealt with challenges pertaining to rapid climate change, biodiversity loss, global population growth rate, and water scarcity. The ongoing changes in the agriculture industry have created a lucrative growth opportunity for agrochemical technology developers, as agricultural chemicals are perc...

As the solar energy industry progresses on its path to becoming elemental to global energy supply, newer generation solar cells must overcome the limitations of silicon solar cells used today. These issues include material wastage during manufacturing, inability to provide flexible cell formats, and limitations to theoretical efficiency at a maximu...

The year 2023 will begin with three disruptive forces already playing out. The first is inflationary pressure on wages. The global labor market is expected to remain tight due to aging workforces and stringent immigration policies. The COVID-19 pandemic’s impact on labor force turnover rates will keep price inflation higher than pre-pandemic lev...

19 Jan 2023  |  Global  |  Technology Research

Advances in Gene Editing Technologies in Healthcare

Next-generation genome editing tools and improved delivery are bolstering gene editing therapeutics and diagnostics.

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Advancements in gene editing technology are boosting its adoption in various fields, including healthcare, diagnostics, agriculture, and industrial biotechnology. CRISPR, ZFNs, and TALENs are examples of technologies that have revolutionized the gene editing field. Moreover, with constant research efforts, new technologies such as base editing, pri...

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...