Search results for: 'grid in separ'

The global microgrids market will experience strong revenue growth, increasing from $8.85 billion in 2021 to $19.55 billion in 2030. North America and Asia-Pacific (APAC) will be the leading markets from 2021 to 2030. However, APAC will outpace North America and hold the highest share in the long term, focusing on remote microgrids. With largely se...

An MG is an energy system consisting of a group of interconnected loads, distributed energy resources, consumers, and optional storage that acts as a single controllable entity with respect to the grid. A VPP is a virtual network that is dependent on software systems to connect remotely and automate dispatch of power generation. The fine line that ...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on gas grid optimization, Crude oil fractional Distillation, High-pressure hydrogenation, ionic liquid alkylation process for enhanced fuel production, Crude oil inventory management, Enhanced oil recovery, and AI-powered emissions monitoring and operational a...

Smart buildings are an integral part of the future of building technologies. Over the course of this decade, several factors are expected to promote the development of smart buildings. The market will be fuelled by the need for energy efficiency and decreasing operational costs. Revenues are highest in North America and Europe. However, certain tec...

The transfer switch (TS) is an electrical device that allows smooth and reliable transfer of electrical power between the primary utility and a secondary or backup power source, allowing critical loads to continue running with minimal or no outage. Continued growth in power demand from industrial, commercial and residential sectors coupled with pow...

Industrial electrification is rapidly shifting from a niche decarbonization effort to a central driver of competitiveness, resilience, and long‑term industrial growth. Process heat dominates manufacturing energy demand and relies heavily on fossil fuels, leaving industry exposed to emissions regulations, fuel price volatilities, and geopolitical ri...

The Mobility Technology Opportunity Engine (TOE) provides profiles of innovations related to Fun Utility Vehicle (FUV) Revolutionizing Urban Mobility with Efficient, Sustainable, Electric 3-Wheeled Design, High-definition (HD) Map Cloud Technology, Autonomous Vehicle Technology, Vehicle-to-grid (V2G) Technology and Hybrid-electric Aircraft System.T...

This research service discusses the current state and future potential of the global industrial batteries market. It provides an in-depth analysis of the industrial batteries used in different applications such as telecom and data communication, UPS/backup, industrial equipment, medical devices, aerospace and defense, grid-level energy storage, and...

28 Aug 2018  |  North America  |  Market Research

North American Electrification of Transportation—Investment, Forecast to 2024

Opportunities to Modernize the Electric Grid and Address the Challenges of Rapid EV Penetration

Infographics

×

Key Issues Addressed

The North American Electric Vehicle (EV) market has seen significant growth over the last 5 years, both in the US and Canada. Currently, new EVs sold in the North American market account for 1.4% of the total passenger vehicles sold. There is an anticipation that downward prices for batteries and vehicles, along with improved infrastructure will ac...