Industries Market Research Reports

2024 is expected to be a year of significant growth for the renewable energy sector in North America because of favorable climate policies and regulations. In 2022, the United States passed the Inflation Reduction Act (IRA), which has boosted investor confidence and provided incentives for investment in domestic supply chains. Despite challenges re...

The Russo-Ukrainian war has dealt a massive energy shock to Europe, galvanizing policymakers into action. 2023 saw a raft of legislation being finalized, leading to the creation of a legal framework to drive investment in clean technologies. The implementation of these policies will be critical to their effectiveness. Many of the easy decisions hav...

24 Nov 2017  |  Africa  |  Market Research

Future and Impact of Power Storage in Sub-Saharan Africa, 2017

Development of Remote Power Systems and Mobile Connectivity will Drive Uptake of Battery Energy Storage Systems

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Power storage through the use of battery energy storage systems is critical to countries in Sub-Saharan Africa. While the foremost application of battery storage would be in renewable energy-based off-grid power systems for rural electrification and all-round electricity access, batteries are set to play a major role across commercial and industria...

20 Nov 2017  |  North America  |  Megatrends

2030 Vision for the Global Unconventional Gas Industry

Unconventional Gas Resource is going to Bolster the Supply Potential in Emerging Regions like Africa, Middle East, Asia Pacific, and Russia & CIS

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The share of natural gas in the total energy mix is expected to increase from 22% in 2015 to 24% by 2030. With natural gas having significant benefits over other fossil fuels like oil and coal, it has huge potential to build a resilient and sustainable future in the global energy demand. While globally the demand for natural gas is uncertain, the d...

This Frost & Sullivan insight provides a neat overview of the UK’s balancing services, with an astute focus on battery energy storage technology. This insight comprises analysis of the markets that are relevant to it. To begin with, an optimal balance between supply and demand is critical for any electricity grid to function at peak performance. ...

Renewable energy has taken centre stage in South Africa's expanding power generation capacity, necessitating development and maintenance of requisite transmission infrastructure. Switch gears, transformers, and reactors are critical in supplying quality power to customers in a cost-effective manner. Local research and development, manufacturing, an...

11 Oct 2017  |  North America  |  Market Research

North American Digital Grid Communication Infrastructure, Forecast to 2023

Modernizing the Electric Grid through Connectivity

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The study estimates that the total digital grid communication infrastructure market for the North American electric grid would grow at a CAGR of 9.1% through the forecast years. The study estimates the size of the market to be $555 Million as of 2016 and is forecast to reach over $1 Billion by 2023. The study categorizes the market into two broad ...

04 Oct 2017  |  North America  |  Market Research

North American Digital Substation Market, Forecast to 2022

Growing Distributed Energy Resources and Need for Grid Modernization will Drive Demand

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Utility substations form an integral part of the entire grid network. They will play a vital role in the smart grids of tomorrow. With growing complexity in the grid, energy companies are recognizing the importance of digital transformation. Additional challenges include substation projects coming under increasing cost and time pressure, investors...

The increase in electricity generation from renewables is expected to come primarily from the expansion of wind power and conversion of power plants to substitute wooden pellets as a primary fuel. In 2015, the share of fossil fuels in electricity generated was 33%; Frost & Sullivan forecasts this to be 8% by 2030. Wind power accounted for 41.5% of ...