Search results for: 'engineering research ad development'

15 Mar 2021  |  Global  |  Market Research

Electricity Market Modernization and Cost Reductions Powering the Global Grid Battery Energy Storage Market

Competitive Strategies from Optimization Services, Flexible System Designs, and Co-located Storage Capturing Growth Opportunities

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Power utilities, system operators, and authorities worldwide increasingly regard grid battery energy storage as a core component of energy expansion plans. Key factors driving this consideration are increasing price competitiveness owing to declining technology costs, including for batteries and balance of plant, and the continual expansion of inte...

30 Jul 2021  |  Global  |  Market Research

Global Fire Protection Coatings Growth Opportunities

Growth Strategies Focus on Hybrid Intumescent Coatings

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In this study, fire protection coatings are classified into 2 groups: intumescent coatings and cementitious coatings. Both types protect against 2 types of fire: cellulosic fires (from burning wood and similar materials) and hydrocarbon fires (from burning hydrocarbons such as liquid fuels). Hydrocarbon intumescent, hydrocarbon cementitious, cellul...

In 2020, Indonesias automotive total industry volume (TIV) dropped by 48.4%, compared to 2019, with only 532,030 units being sold. The passenger vehicle (PV) segment remained dominant with 73.1% market share. The economic growth for 2020 was the weakest since the 1998 Asian financial crisis. Factors impacted by the COVID-19 pandemic include Gross D...

29 Oct 2021  |  Asia Pacific  |  Market Research

Vietnam Facility Management Growth Opportunities

Innovative Business Models are the Way Forward for Vietnamese FM Advancement

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This study covers the Vietnamese FM market, which includes cleaning services, M&E services, and parking management only. The FM market in Vietnam accounted more than $250 million in 2020, after a 2.8% decline due to the COVID-19 pandemic. Nonetheless, market growth will remain favorable until 2026 with increasing FM demand and awareness on outsourc...

03 Nov 2021  |  Global  |  Market Research

Global Digitalization in Defense Growth Opportunities

Increased Adoption of Advanced Technologies and New Business Models Driving Future Growth Potential

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Like the commercial sector, COVID-19 has accelerated digitalization in the military domain, as evident from the many military organizations currently considering and adopting digital technologies exponentially. This is compounded by rising geopolitical concerns from state and non-state actors, which can only be countered by the strategic advantage ...

The global private vehicle leasing industry is experiencing positive growth, mainly due to robust growth in the Northern and Western parts of Europe. Retail car registrations are expected to grow 2.4% in 2019, mainly driven by BRICS and APAC markets. A positive macroeconomic outlook and the government’s expansionary policies are the main driving fa...

A non-renewable inverter is an electronic device which converts low-voltage direct current (DC) to high-voltage alternate current (AC), making it usable by daily appliances powered by a non-renewable power source. Increasing demand for power in all end-user segments, combined with the unreliable and ageing grid infrastructure, creates a demand for ...

The Southeast Asian LED lighting market has been growing steadily over the last few years, mainly due to government initiatives, rising demand, and infrastructure projects. The government offers strong support through incentives and regulations; financial support is provided to boost local manufacturers. Declining prices have resulted in rising con...

11 Jul 2022  |  Global  |  Frost Radar

Frost Radar: Access Control Solutions, 2022

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

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For decades, access control systems have been the linchpin in many organizations’ physical security strategies, enabling them to secure all entry and exit points around their perimeters and protect their employees, customers, and assets from potential threats. Because of these systems’ longevity, solutions really have not changed significantly in t...