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This global study focuses on two-wheelers (2Ws) with displacement of more than 250 cubic centimeters (cc), which are considered premium motorcycles. However, in some global regions such as North America and Europe, motorcycles beginning above 500 cc are considered premium. This study differentiates the global premium 2W market based on motorcycle c...

The Big 4 sensors—pressure, flow, temperature and level—measure parameters that are most critical to both process and discrete field monitoring applications. This research service analyzes the global market for flow, level, pressure, and temperature sensors and transmitters and offers a quantitative model with revenues and forecasts for the flow, l...

This study analyses the global commercial aircraft cabin interiors market for the period 2021 to 2032, including the impact of the COVID-19 pandemic on market dynamics. The market forecasts are divided between revenue streams (linefit, retrofit, and aftermarket) and segments (seating, lavatory, galley, and other equipment) to provide insightful dim...

Energy storage systems are key enabling technologies that reduce emissions and improve the efficiency of buildings; they also facilitate the integration of renewable energy resources and enhance the stability of the grid. As countries across the world focus on achieving net-zero targets by 2050 and move to a circular economy, thermal energy storage...

The present study on the Asia-Pacific aquaculture market analyzes the current and future growth potential of various aquaculture species produced at both regional and country levels. The study covers a detailed analysis of the key markets including China, India, Indonesia, Vietnam, the Philippines, and the Rest of Asia-Pacific. The Chinese aquacult...

This research service focuses on new and disruptive technologies in the concentrated solar power (CSP) industry. Solar energy technology has witnessed consistent improvements in terms of energy and cost efficiency. While solar photovoltaics is currently the most widely adopted method of solar energy utilization, CSP technology has several features ...

This research service analyzes the global mobile workforce management (MWM) market’s growth from 2023 to 2030, including regional market revenue forecasts (North America, Europe, Asia-Pacific, China, and Rest of the World). MWM products are off-the-shelf software solutions developed to efficiently manage activities and utility field representat...

This study broadly examines the telematics market for the vehicle sharing industry in North America (NA) and Europe between 2021 and 2035. Telematics is the group of software and hardware components that a shared mobility fleet operator requires to monitor and manage vehicle operations through the receipt and storage of data from the vehicles. The ...

27 Jun 2023  |  Global  |  Technology Research

Advancements in Digital Twin Technology Transforming the Energy Sector

Precise Modeling and Process Integration from a Single Platform to Enhance Analytics in Power Generation, Transmission, and Distribution

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To meet global emission reduction targets, renewable energy must account for at least 42% of energy consumption by 2030 and 60% by 2050, compared to 17% in 2021. Although the global power generation sector is moving toward renewable power to curb greenhouse gas emissions, renewable energy is intermittent. Therefore, its increased share in the power...