The energy and environment industry is undergoing rapid transformation from a static and conventional system to the fluid and dynamic Internet of Energy. Renewables are a significant portion of the world’s energy production, with rapid growth of the last decade spurring advanced solutions in grid technologies and energy storage. Nevertheless, fossil fuels continue to dominate much of the world’s power portfolio, from the adherents and detractors of fracking for oil and gas, to the continued high volume of coal used in key global regions. Services to the industry are rapidly evolving to leverage the influx of information from the Industrial Internet, creating new solutions and business models such as advanced predictive maintenance, optimized generation and storage, innovative energy efficiency solutions and X-as-a-Service. And all of this is driven by the push and pull of increasing demand for cleaner air and water alongside the need for more power and energy.

Frost & Sullivan works closely with the world’s largest OEMs, utilities, service providers and IT firms to help them find the opportunities in this sea of change. Our experts and consultants constantly engage with markets from oil and gas to electricity, grids to homes and buildings, and the critical needs for power, water, and environmental solutions across all sectors of the global economy.

  1. 11 Dec 2023  |  Global

    Global Grid Equipment Growth Opportunities

    Electrification and Decarbonization Trends Drive Future Grid Investments

    Rising electricity demand complemented by sustained scaling up of renewable energy worldwide will boost investments in power transmission and distribution (T&D) infrastructure and grid assets, including transformers, switchgear, and cables. Frost & Sullivan expects the global grid equipment market revenue to reach $232.74 billion in 2030, with cabl...

  2. 07 Dec 2023  |  Global

    Top 10 Growth Opportunities in Hydrogen, 2024

    A Pivotal Year Ahead as the Sector Shores Up Its Leading Fuel Position for the Energy Transition

    After five years of buzz and excitement, 2023 has become somewhat of a reality check for the hydrogen industry. The volume of final investment decisions (FIDs) for projects has been low as financing costs and associated project scrutiny have increased. The results from utilizing hydrogen in some sectors have proved disappointing, with projected cos...

  3. 07 Dec 2023  |  Global

    Top 10 Growth Opportunities in Oil and Gas Decarbonization, 2024

    Energy Transition, Carbon Capture, Automation, and Emissions Management to Drive the Industry toward Net-Zero Targets

    Decarbonization, digital transformation, and technology innovation have accelerated significantly in the past five years. The global energy industry is experiencing an unprecedented transition, and this change is bringing exciting new growth opportunities to the oil and gas (O&G) sector. However, the shift to a net-zero future concerning carb...

  4. 21 Nov 2023  |  Global

    Digital Grid Country Attractiveness Index

    A Comprehensive Ranking of Countries Based on the Current Energy Market Scenario and Potential Growth Opportunities in the Distributed Energy and Digital Landscape

    Although much of the focus on grid investment relates to hardware, there is a growing awareness of how important it is to increase the overall intelligence of the grid. Frost & Sullivan s Digital Grid Attractiveness Index analyzes and ranks countries based on how attractive they are for digital grid developments in terms of implementing improvement...

  5. 17 Nov 2023  |  Global

    Growth Opportunities for Emissions Management in Oil and Gas

    Policies, Regulations, Innovations, and New Business Models Will Drive Implementation of End-to-End Solutions

    As the creation and implementation of decarbonization strategies gain pace across industries, emissions management emerges as a key growth opportunity. Frost & Sullivan has identified a complex, dynamic value chain and set of process steps in which opportunities abound: planning and advisory, measuring and monitoring, mitigation, removal, reporting...

  6. 10 Nov 2023  |  Global

    Wind Power Growth Opportunities

    Increased Climate Concerns, Technological Advancements, Governmental Policies, Cost Reductions, and Energy Needs Drive Global Demand

    Wind energy, as a sustainable renewable energy source (RES), has the potential to meet the increasing global energy demands while reducing carbon emissions. Wind energy can be crucial in transitioning toward cleaner energy sources by utilizing offshore and onshore technologies. This study analyzes the global wind market, including the onshore and...

  7. 10 Nov 2023  |  Global

    Energy Transition Growth Opportunities for Oil and Gas (O&G) Service Companies, 2023

    Transformative Mega Trends and Decarbonization Goals Drive Corporate Strategies Toward Sustainability

    Energy transition, which refers to the shift from fossil fuel-based systems to zero-carbon solutions, is a complex process for the global energy industry, including suppliers and users. Timelines for eliminating carbon from energy systems vary by region, but most goals including the Paris Agreement focus on achieving net zero by the second half of ...

  8. 10 Nov 2023  |  Global

    Global Stationary Li-ion and Lead Acid Battery Growth Opportunities

    Efficient Battery Storage Solutions Accelerating Transition to Renewable Energy Sources

    Public and private sector investment in renewable energy, mainly solar PV and wind, is increasing in response to the need to reduce carbon emissions and dependency on fossil fuels. However, the intermittent nature of renewables requires investment in complementary grid support solutions. Battery energy storage solutions provide stability for the gr...

  9. 03 Nov 2023  |  Global

    Global Solar PV Growth Opportunities

    Decarbonization Efforts and a Continual Decline in Project Costs Drive Transformational Growth

    Global climate change concerns have spurred a flurry of investments in renewable energy sources and other decarbonization initiatives. Efforts to focus on renewables were initiated at the 2016 COP21 in Paris, which led to countries setting renewable energy targets to achieve by 2030 in an attempt to mitigate global warming. More recently, at COP26,...

  10. 09 Oct 2023  |  Global

    Frost Radar™: Power Engines, 2023

    A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

    The world's energy system is becoming more decentralized, with significant investments in generation assets at the commercial, industrial, and residential levels. One solution that has become popular is the installation of engines, as they can provide immediate base load or backup power. In today's competitive and regulated power engine market, ori...