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19 Mar 2021  |  Asia Pacific
Future Growth Potential from Digital and Environmentally Friendly Value Propositions Driving Growth Opportunities
Southeast Asias medium voltage switchgear market includes Singapore, Malaysia, Vietnam, the Philippines, Thailand, and Indonesia and covers voltages ranging from 1 kilovolt (kV) to 38 kV. Its growth is expected to continue at a steady 5.1% compound annual growth rate from 2020 to 2026, driven by rising power demand and grid connectivity across the ...
11 Dec 2020  |  Asia Pacific
Innovation in Turbine Capacity and Regulations to Impel the APAC Offshore Wind Turbine Market Until 2025
Government Renewable Energy Plans will Propel Transformational Growth Across Asia-Pacific
The study outlines the general outlook for the offshore wind turbine market until 2025. The analyzes segments, how government plans and regulations drive the market, how geopolitical chaos restrain growth, how competitive intensity is dynamic and is both disrupted and driven by technology, including the transformative Mega Trends across the Asia-Pa...
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02 Sep 2020  |  Asia Pacific
Disruptive Global Pandemic Calls for Business Innovations in the Asia-Pacific Energy and Environment Industry, 2020
Digitalization Led New Industry Landscape to Present Critical Business Opportunities
Coronavirus 2019 (COVID-19) has brought in new opportunities and business ideas in the midst of economic disruption. The entire value chain in energy and environment industries is affected and it is almost certain that most industry players will register a decline in growth rates in 2020. However, some immediate and mid- to long-term opportunities ...
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06 Sep 2019  |  Asia Pacific
Solar Power is Becoming a Mainstream Source of Energy Across the Region
The ‘ASEAN Renewable Energy Market, Forecast to 2023’ focuses on the past, current, and future growth potential of Renewable Energy (RE) in the ASEAN region. The focus of this study is on three major technologies: solar PV, wind power, and bioenergy (biomass and biogas). The markets in Malaysia, Thailand, the Philippines, Indonesia, Vietnam, an...
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29 Jul 2019  |  Asia Pacific
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
The Asia-Pacific switchgear (low voltage, medium voltage, and high voltage) market is predicted to have a steady growth rate of 2.9% from 2018 to 2025, driven by increasing power demand and grid connectivity across the region. Demand for switchgears also is driven by retrofits of aging equipment, especially in the medium- and high-voltage categorie...
25 Jul 2019  |  Asia Pacific
Electric Vehicles, Energy Storage, and Industrial Applications Boost Demand
Increasing use of smartphones that offer the mobile Internet facility loaded with multiple applications has become a way of life around the world. The Asia-Pacific region includes countries with high populations, emerging economies, and increasing urbanization. All this paves the way for higher demand for smartphones and improved telecommunications...
18 Jul 2019  |  Asia Pacific
Many Countries in the Region are Evaluating Opportunities and Setting High Targets to Increase the Penetration of Renewable Energy Sources of Power Generation
With climate change having a significant impact worldwide, decarbonization, decentralization, and digitalization are the three main 'Ds' transforming the power sector today. Reports published by many government agencies have forecast the growing penetration of distributed and renewable energy technologies in the overall power market. The main obje...
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10 Jun 2019  |  Asia Pacific
1–10MW Turbines Witnessing Increased Adoption due to Decreasing Site Availability and the Impacts of Climate Change
The recent report by the Intergovernmental Panel on Climate Change (IPCC) states that Global Warming has to be restricted to a maximum of 1.5°C above pre-industrial levels by 2030 in order to minimize the impacts of climate change in the future. Energy generation from burning fossil fuels is considered one of the main causes of climate change, and...
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11 Apr 2019  |  Asia Pacific
Digitalization Set to Shake Up the Energy and Building Segments as Key Participants Strive to Stay Competitive
The main objectives of this study are to provide an inclusive perspective of the energy and environment value chain, to understand the competition, and to analyze future business models. Growth opportunities are also discussed. In 2019, oil and gas (O&G) capital expenditure (CAPEX) in exploration and production (E&P) is expected to grow by 7% to a...
26 Mar 2019  |  Asia Pacific
Southeast Asia is Likely to Contribute to 50% of the Total Switchgear Sales by 2030 in APAC
The APAC switchgear market will continue to grow at a steady CAGR of 2.9% from 2018 to 2025. The growth is attributed to the increasing power demand and grid connectivity across APAC. Moreover, the market will also be driven by retrofit of ageing equipment, especially for MV and HV switchgears. Nonetheless, the growth opportunities vary across re...