Search results for: 'comparative distributed energy'

A battery management system (BMS) is the brain behind the battery pack. It monitors and protects cells in a battery pack. The BMS market is diverse, with multiple applications that use a large number of battery packs. Rising demand for electric vehicles, energy storage systems, and aerospace and defense equipment powered by batteries make BMS an im...

31 May 2023  |  Global  |  Market Research

Global Heat Exchanger Growth Opportunities

More Energy-efficient Solutions will Decrease CAPEX and Power Consumption to Make Industrial Procedures Greener

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The global heat exchanger market has reached maturity, with Asia-Pacific (APAC) accounting for most of its growth. The emerging markets, where growth is high, are populated by significant market participants. Energy conservation, ease of maintenance, corrosion reduction, and improved heat transference are essential end-user requirements. Original e...

22 Jan 2016  |  Europe  |  Market Research

New Growth Opportunities in European HEMS and BEMS Market, 2016

Consumer Concerns Over Energy Consumption, Adoption of ICT Solutions and Compliance With EU Directives to Drive Double-digit Growth

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The Home Energy Management Systems (HEMS) and Building Energy Management Systems (BEMS) market in Europe is poised for a period of strong growth. Demand will be spurred by the trend of customers taking increasing control over their energy consumption patterns to reduce costs, increase energy efficiency, and reduce the environmental impact. The mark...

The United States economic growth remained buoyant throughout 2023 amid stronger-than-expected consumer spending and falling inflation. However, Frost & Sullivan expects real gross domestic product (GDP) growth to slow from 2.5% in 2023 to 2.2% in 2024 amid the delayed effects of monetary policy tightening on domestic spending. The United States w...

The electric vehicle (EV) market is growing rapidly and impacting the energy market and associated services. As OEMs integrate more software-defined solutions into EVs, a potential market for digital products and services (P&S) exists. EV-dedicated digital P&S allows key participants to continuously monetize these solutions through new revenue mode...

20 Oct 2021  |  Asia Pacific  |  Market Research

ASEAN Hybrid and Electric Vehicle Growth Opportunities

The Transformative Mega Trends Driving Energy-efficient and Electrification Technologies in Indonesia, Malaysia, and Thailand

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Major Association of Southeast Asian Nation (ASEAN) countries rely on internal combustion engine (ICE) passenger vehicles. National incomes and infrastructure development also drive motorcycles’ popularity. Hybrid and electric vehicle penetration only accounted for 0.3%, 1.3%, and 9%, respectively, in the total new passenger vehicle sales in Indone...

India’s automotive industry is gaining significant momentum due to rapid economic growth and profitability. Indian government’s “Make in India” initiative played a major role in promoting start-ups in the country typically in the automotive industry. Increasing population, urbanization, and emphasis to curb carbon emissions to maintain CAFE standar...

With the rapid rise of solid-state lighting (SSL) and integrated LED solutions, the lighting industry has been through an enormous transformation over the past few years. In 2016, LED will account for more than 50.0% of the sales; by 2025, this number is likely to reach 98.0%. This transformation will continue to bring enormous change to the compe...

08 Mar 2021  |  Global  |  Market Outlook

Industry Convergence to Transform the Global Plastics and Composites Market, Outlook 2021

Distribution Channel Optimisation Driven by Reshoring and Digitally Enabled Business Models

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Frost & Sullivan acknowledges that the global plastics and composites market is extremely diverse. The end markets of this industry have been undergoing varied degrees of transformation due to a number of Mega Trends such as the Covid-19 pandemic and international trade wars and product and end-user specific existing and emerging trends.--BEGIN PRO...