Industries Market Research Reports

Global grid-scale battery energy storage system (BESS) deployment experienced unprecedented growth in 2023, expanding 159.5% from 2022. The year 2024 will break another record in new installations, with deployments of 41.84 GW/104.67 GWh. BESS has rapidly become the fastest-growing clean energy technology, driven by the growth of wind and solar ...

The market for automation and autonomy in oil and gas (O&G) drilling and production (or simply, drilling automation) is one of the highest-growth subsegments of the overall O&G automation industry. Large global automation firms compete alongside dedicated O&G solution providers and disruptive technology developers. The main technologies deploy...

Rapid advancements in battery technology are imperative to develop the next generation of electric vehicles (EVs). Currently, the nickel-manganese-cobalt (NMC) and lithium-iron-phosphate (LFP) variants of lithium-ion (Li-ion) batteries lead the market for EV battery packs, with LFP batteries witnessing increased penetration over the past few years....

Ongoing efforts to mitigate climate change, in addition to the announcement of net-zero emission targets, have provided a boost to the hydrogen economy, further supported by the declining cost of electrolyzers. This positive momentum toward the hydrogen economy has ignited interest in the research and development of hydrogen storage materials. D...

The increasing demand for decentralized power generation, supportive government policies, and the progress of the hydrogen economy will drive the growth of the high-temperature fuel cells (HTFC) industry for decentralized power generation. The focus on energy independence and security across the residential, commercial, and industrial sectors for r...

19 Nov 2018  |  Global  |  Market Research

Global Nuclear Power Market, Forecast to 2030

Capacity Additions in Developing Nations Hold the Key to Market Growth

Infographics

×

Key Issues Addressed

Nuclear power will continue to play an important role in the energy mix, despite the rise of renewable energy. By 2030, it will continue to account for 7% of the global electricity generated, and in 15–20 countries, it will be a primary source of electricity. The fastest growth is expected in Asia, as nations there are expected to move towards nu...

18 Sep 2018  |  Global  |  Market Research

Impact of Artificial Intelligence (AI) on Energy and Utilities, 2018

Technology Convergence of AI with IoT, Cloud, and Big Data will Open Up Numerous Application Opportunities in the Energy Sector

Infographics

×

Artificial Intelligence (AI) is one of the biggest technological trends transforming every business sector across the world. With advances in computer technology, AI has scaled new heights in utility and application, exceeding all initial expectations. By leveraging advanced machine learning (ML) and deep learning (DL) algorithms, and advanced neur...

17 Aug 2018  |  Global  |  Market Outlook

Global Renewable Energy Outlook, 2018

Renewable Power Generation Capacity to Grow by 13.3% in 2018, Led by Solar PV and Wind Power

Infographics

×

Key Issues Addressed

Frost & Sullivan’s renewable energy outlook finds that the global market will close out 2018 with 154.6 GW of new renewable power generation capacity and $228.3 billion in investments. The investments in power generation is forecast to decline slightly by (-0.7%) over 2017 due to reductions in solar capacity additions in China, but this restraint...

09 Apr 2018  |  Global  |  Market Research

Global Transformers Market, Forecast to 2022

T&D Infrastructure Investments in Developing Regions and Aging Grid in Developed Regions Spur Market Demand

Infographics

×

Key Issues Addressed

A transformer is an electrical device that transfers electrical energy between two or more circuits through electromagnetic induction. The total global transformers market is forecast to register a CAGR of below 5% from 2017 to 2022. During the forecast period, the power and distribution transformer segments are expected to witness strong growth be...