Search results for: 'energy and power systems technology'
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14 Dec 2021  |  Global  |  Technology Research
Emerging Technologies Transforming Offshore Wind Energy
High Reliability and Cost-effective Large-scale Energy Production Drive the Deployment of Offshore Wind Energy Farms
Energy generation is the most crucial building block of a country’s economic development and a key determinant of its progress. Population growth requires a higher degree of economic development, which directly requires more energy to be generated. To meet the rising energy demands, the energy sector is under pressure to expand rapidly as countries...
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20 Dec 2021  |  Global  |  Technology Research
Disruptive Technologies Enabling Building Energy Management Systems
Next-generation Sensors and Network Infrastructures Optimize Energy Efficiency and Power New Growth Opportunities
Globally, the building industry accounts for about one-third of energy consumption and emissions. According to the International Energy Agency (IEA), as of 2019, the building industry’s energy consumption reached 130 Exajoule (EJ) and has increased by 20% compared to 2010 levels. Growing ownership and use of air-conditioning and extreme weather con...
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01 Sep 2021  |  Global  |  Market Research
Global BEMS and HEMS Emerging Technologies, Business Models, and Growth Opportunities
Connectivity and New Technology Convergence Unleash the Potential of AI and IoT and Launch Innovative Applications
Building energy management is now a cornerstone of building energy sustainability. Mass digitization targets building systems management and focuses on occupant health and well-being, enabling proactive performance improvements and making buildings more human-centric. The COVID-19 pandemic emphasizes the importance of minimizing ecological footprin...
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23 Nov 2021  |  Global  |  Market Research
Global Residential Battery Energy Storage Growth Opportunities
Higher Electricity Prices, Declining Technology Costs, and Desire for Grid Independence are Factors Driving Market Growth
The residential battery storage market will continue its recent trajectory of strong growth, with global revenues increasing from $3.05 billion in 2021 to reach $8.11 billion in 2030. High electricity prices, declines in feed-in tariffs and net metering payments, and continued declines in lithium-ion battery prices and associated components are the...
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22 Nov 2021  |  Global  |  Technology Research
Emerging Growth Opportunities for Low-Power Integrated Circuits and Radio Frequency (RF) Technologies
Low-Power Design Advancements Supported by Emerging RF Standards Accelerate Future Growth Potential in Internet of Things (IoT) Applications
Power-efficient electronic devices capable of high-speed communication have become essential in today’s electronics-dominated world. Low-power integrated circuits (IC) and radio frequency (RF) technologies have evolved rapidly following the increase in portable electronics and internet of things (IoT) usage. Circuit design advancements, such as sub...
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06 Dec 2021  |  Global  |  Technology Research
Microelectromechanical System (MEMS): R&D Portfolio Assessment and Growth Opportunities
Disruptive Technologies in MEMS Technologies Transforming Automotive, Consumer Electronics, Healthcare, and Manufacturing Sectors
The need for adapting Microelectromechanical Systems (MEMS) technologies is rooted in the requirement to enable high and faster on-chip data processing needs across all industries. MEMS technology has drastically evolved over the years with a high need for miniature smart sensors with high efficiency. The key factors that are driving the MEMS tech...
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29 Apr 2021  |  Global  |  Technology Research
Technology Advancements Enabling Prosumerism in Energy Sector
Distributed Energy Resources alongside Smart Analytics and Energy Storage to Boost Energy Optimization
Smart grid modernizations have led to the development of remunerative programs that encourage consumers to optimize their energy consumption in response to penalties, pricing signals, or curtailment requests. The potential flexibility being infused by the programs have rendered consumers energy load and onsite generation capabilities to be consider...
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12 Jan 2021  |  North America  |  Market Research
The Global Personal Protective Equipment (PPE) Market in the Wind Energy Industry is being Driven by Government Incentives and Initiatives
Sustainable and Environment Friendly Power Generation Growth Strategies to Create Growth Opportunities
PPE in the wind energy industry was valued at $409.2 million in 2020. The growth in the industry has been driven by an increase in installation and maintenance services of wind farms and resultant employment opportunities, growing awareness about wind energy PPE, riskier work environments, and stringent regulatory compliances. Driven by high compli...
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10 Nov 2021  |  South Asia, Middle East & North Africa  |  Market Research
GCC Building Management System Growth Opportunities
Disruptive Technologies are Enabling Energy Efficiency and Advancements in Building Management Systems
The building management system (BMS) market in the Gulf Cooperative Council (GCC) is witnessing the emergence of innovative technologies such as building information modeling (BIM) and 3D printing. These technologies are causing significant disruptions, influencing how buildings are managed and shifting roles away from traditional skills towards te...
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29 Sep 2021  |  Global  |  Market Research
Global Auxiliary Power Unit Growth Opportunities
All-electric Auxiliary Power Units to Drive Sustainable Aviation and Strategic Partnering
The global auxiliary power unit market is headed toward delivering solutions that will help aircraft become more fuel efficient and involve a lower total cost of ownership. This Frost & Sullivan analysis of the market provides a 10-year forecast from 2020 to 2030. The total market was worth $2.04 billion in 2020 and, considering the impact of the C...
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