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Globally, where the closure of coal power plants and the intermittent nature of RES challenge grid operations and stability, VPPs are a promising solution to add flexibility to the grid and solve energy issues of transmission congestion, peak demand, and peak-hour energy prices. Virtual power plants (VPPs) are an aggregation of decentralized distr...

Water and wastewater (W&WW) utilities across the globe are increasingly exploring digital solutions to improve their resilience, and economical and environmental sustainability, which have been impacted by factors like water stress, pollution, and climate change. Digitalization through Industrial Internet of Things (IIoT) based smart solutions has ...

Stringent European emission norms dictate that automotive Original Equipment Manufacturers (OEMs) comply with the carbon emission target of 95g/km by 2020 and the indicative range of 68–78 g/km by 2025. While OEMs have been focusing on improving efficiency, there is a growing preference among consumers for vehicles that offer better ride and handli...

Most technologies used in the automotive solutions market are well established and some are near the maturity phase of their life cycle. Newer solutions include lidar, laser NIR, FIR, and radar, and these are in the growth stage. They are gradually penetrating into applications based on the advantages they offer. Speed, position, and pressure sens...

14 Jan 2020  |  Global  |  Market Outlook

Outlook for the Global Energy Storage Industry, 2020

The United States and China Continue to be the Key Energy Storage Markets, Supported by Strong Regulations, Legislative Policies, and Incentives

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Energy storage is gaining importance with increasing demand for energy in residential and industrial applications. With growing data consumption and a proliferation of cloud services, the demand for energy increases proportionately. Energy storage is a viable solution to utilize renewable energy and an attractive option for implementing clean energ...

The remote work modality is rapidly becoming the norm among office workers throughout the globe. Remote work is a way to work outside the employer´s premise. One common alternative to on-site work stations is the home office. In this scenario, the employee uses their own house as a workplace, but working from cafes, co-working spaces or any other l...

An increasing number of E2W start-ups are in the market, especially those importing cheap components and selling low-quality vehicles. Most traditional internal combustion engine (ICE) two-wheeler (2W) original equipment manufacturers (OEMs) have yet to enter the E2W market. With E2W technology nascent and dominated by start-ups, it attracts entiti...

The EV industry is witnessing increasing investments in advanced battery chemistries to support faster charging speeds and cell stability. Challenging riding environments and harsh climatic conditions impact e2Ws' efficiency compared to cars with sophisticated thermal management systems. Traditional 2W OEMs are delaying their entry into the e2W mar...

The accelerated transition from pay TV to VOD services drove hundreds of media and entertainment (M&E) companies across the globe to launch their own streaming platforms. In the past five years, the proliferation of vendors has made the VOD ecosystem an increasingly crowded space.With more online streaming service options than ever, VOD operators n...