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20 Feb 2015  |  Asia Pacific
Growth in Infrastructure and Construction Investment Drives Demand
Enclosures are used across a range of end-user sectors. The development of end-users directly affects enclosure demand. In Australia and New Zealand, market revenue declined between 2012 and 2014 due to reduced capital expenditure in key end-user sectors such as power, utilities, and mining. Revenue will return to normalized growth in 2015, driven ...
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23 Apr 2015  |  Asia Pacific
Feasibility of Venturing into Deeper Water Amid Declining Oil Prices
The offshore oil and gas (O&G) services market is witnessing uncertainty amid the global slump in crude oil price that started in H2, 2014 affecting economies and several industries. Major international and national oil companies have resorted to controlling their capital investments and laying off employees to reduce expenses. The highest level of...
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04 May 2015  |  Asia Pacific
The Need for Commercialization and Business Scalability to Shape the Industry Structure
Wireless charging manufacturers are expected to reach economies of scale to offer the technology at a competitive price by 2016 or 2017. The perceived value also may improve with time. The smartphone market is the earliest adopter of wireless power charging technology, and is the largest revenue contributor to the global market. Other potential ap...
07 Sep 2015  |  Asia Pacific
Transformative Changes to Existing Utility Business Models to Generate Low-Carbon Power
As global economies grow manifold, people's standards of living will rise, challenging traditional utilities' business models. Global Mega Trends are disruptive forces that have far-reaching impact on several industries including power utilities. As a result, it is essential for utility companies to adopt a well-balanced strategy, strengthen existi...
30 Dec 2015  |  Asia Pacific
Introduction to Great Britain's Incentive-Based Regulation for Transmission and Distribution in the Gas and Electricity Market
The Office of Gas and Electricity Market (Ofgem) has implemented RIIO (setting Revenue using Incentives to deliver Innovations and Outputs) for the incentive-based regulation (IBR) covering the gas and electricity transmission and distribution network in Great Britain (England, Wales, and Scotland). The RIIO model puts the customer in the middle of...
28 Aug 2015  |  Asia Pacific
Rise of the Prosumer and Advent of Smarter Storage Systems Will Spur the Growth of Decentralized Renewable Power
Over the last decade, the development of renewable energy installations across many countries has surged. Given the stochastic nature of renewable energy sources, some countries are tackling the challenges of integrating larger shares of renewables into their power grid systems. This global market insight looks into some of the best practices adopt...