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12 Jan 2018  |  Global
Growth in Renewable Energy and Distributed Generation to Drive the Global Industrial Battery Market
The global industrial battery market is a well-established one which is expected to grow at a CAGR of 7.1% between 2014 and 2023. The major factors driving industrial batteries are the surging demand from energy storage and stationary applications, reinforced by advancements in battery technology. Industrial batteries for grid storage represent a u...
23 Jan 2018  |  Global
Advanced and Lightweight Composites Poised to Partially Replace Heavy Steel Across Oil and Gas Applications
The demand for carbon products is projected to grow exponentially in the aftermath of the economic recession of 2009. Aerospace and defense, automotive, and wind turbine industries are the main end consumers for carbon fiber and carbon composites. While activated carbon was mainly used in water treatment, with advances in water purification techniq...
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01 Feb 2018  |  Global
The Oilfield Service and Equipment Market Experienced a Double-dip Negative Growth in 2015 and 2016, but is Expected to Rebound with the Recovery of Oil Prices
The global oilfield services and equipment market is still recovering from the 2015 oil price crash, as oil companies are still trying to consolidate their position by reevaluating their capital expenditure. The oilfield services and equipment market has four main segments - drilling, completion, capital equipment, and production. While some segmen...
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09 Feb 2018  |  Global
Telecom, Data Center, and Backup Applications Boost Battery Demand
The stationary lead-acid battery is an important and the most dominating chemistry with revenues in billions of dollars in 2017. Telecom, data center, and UPS applications are driving the demand for efficient, cost-effective, reliable, and long-standing solutions. Lead-acid battery, with all its desirable features, including affordability and avail...
01 Mar 2018  |  Global
Solar Photovoltaic (PV) Gains Momentum as a Globally Irreversible Mainstream Energy Source
This research report presents the Global Solar Power Market, with a specific focus on solar photovoltaic (PV). The study includes an in-depth analysis of the solar power market with a specific focus on eight regions—North America, Europe, Latin America, Asia-Pacific, China, India, Africa, and the Middle East. End-user groups are residential, comm...
08 Mar 2018  |  Global
Investment in Wearables Drives Efficiency Gains for the Energy Sector
This insight provides an overview of the key technology trends, growth potential, use cases in the energy ecosystem, and major innovators in the industrial wearable domain. A comprehensive overview of the use cases for wearable in energy with potential problems and how wearable can address the shortcomings with application benefits has been analyze...
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20 Mar 2018  |  Global
Utilizing Robotics Technology to Drive a New Wave of Innovation
This insight provides a case study on five robotics applications in the energy industry. These applications range across the industry value chain. This insight also covers the future trends and provides an overview on the major participants in this field. The need for implementing solutions such as robotics arises when customers see the value in it...
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27 Mar 2018  |  Global
Growing Solar PV Installations in Asia to Drive Inverter Market Growth
The rapid expansion of renewables based power generation is expected to play a significant role in the growth of the inverter market in the coming years. The market is expected to grow steadily over the medium term and decline after 2020. The growth will be driven mainly by solar photovoltaic (PV) installations mainly in Asia and North America whic...
28 Mar 2018  |  Global
With Increasingly Favourable Market Conditions, Rapid Price Reductions and Rampant Technological Innovation, the Global Residential Battery Storage Market Will Show Dramatic Growth Till 2022
The residential battery storage market is expected to show enormous growth over the period of 2016 to 2022, from a market of USD744 million in 2016 to USD3.6 billion by 2022. The market is being spurred on by feed-in tariff and net metering revisions in historic residential PV hotspots, subsidies and tax incentives, rapid price reductions in lithiu...
09 Apr 2018  |  Global
T&D Infrastructure Investments in Developing Regions and Aging Grid in Developed Regions Spur Market Demand
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...