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This edition of the Energy & Power Systems (EPS) TOE features information on virtual power plant (VPP) for renewable energy aggregation and optimized grid stability and flexible energy trading. The TOE also covers the innovations in zinc-ion battery technology for sustainable and safe energy storage. The TOE focuses on advanced energy management pl...

The global power semiconductor market is forecast to record rapid growth with the increasing demand for EVs. Favorable government policies and subsidies and OEM commitment to net-zero emissions and sustainability targets contribute to the growing EV penetration. In 2021, global EV sales, including battery electric vehicles (BEVs) and plug-in hyb...

With internet-of-things (IoT) trends setting in, more and more products are integrated with features and applications leveraging rich multimedia features resulting in higher power consumption and reduced battery cycle of these devices. Display components of smart devices consume majority of the power, thus manufacturers and developers are under co...

Energy and cost savings are still perceived as one of the top benefits of light-emitting diode (LED) lighting, and they will continue to influence decision-making in lighting procurement. In major countries, households' rising disposable income will result in the renovation and modification of lighting systems to keep up with LED lighting innovatio...

20 Sep 2016  |  Global  |  Market Research

Growing Opportunity in the Global Microgrid Market

Decreasing Costs and Technological Advancements of Decentralised Power and Storage Drives New Market Growth

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“Microgrid” is the new buzzword amidst the rise of distributed energy resources and battery energy storage systems. Significant price declines in both distributed renewable power and battery technologies, coupled with more technological advancements in control and energy management systems, have created a vision of reliable, efficient, renewable, a...

A compound semiconductor (CS) consists of two or more elements from different groups in the periodic table, such as gallium arsenide (GaAs), GaN, indium phosphide (InP), and silicon germanium. In the automotive industry, CSs have several advantages over elemental semiconductors (e.g., silicon [Si]). They operate at higher frequencies and temperatur...

The process analytical instrumentation market consists of four segments: process chromatographs, molecular analysis spectrometers, gas analyzers, and liquid analyzers. The process form factor in the chromatographs segment includes gas chromatographs and liquid chromatographs. In the molecular analysis spectrometer segment, the form factors consi...

Wood coatings offer significant functional advantages to end-users, such as augmented durability, superior aesthetics, UV- and fire-resistance, and easy-to-clean characteristics, which drives demand growth. In addition, the global construction sector and the respective end-use industry growth will contribute to market expansion during the next few ...

The portable power market uses portable power equipment to generate power. Portable generators are used as an alternative to the grid power and in case of outages or emergency to run certain devices and also are used to power remote locations that do not have access to the grid.