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18 Sep 2018  |  Global

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

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...

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23 Jan 2018  |  Global

Carbon Products in the Global Oil and Gas Industry, Forecast to 2024

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

Impact of Low Oil Price on Oilfield Equipment and Service Market, 2017

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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19 Nov 2018  |  Global

Global Nuclear Power Market, Forecast to 2030

Capacity Additions in Developing Nations Hold the Key to Market Growth

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...

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31 Dec 2018  |  Global

Global Diesel Generator Set Market, Forecast to 2022

Grid Instability and Environmental Awareness Drive Double-digit Market Growth in the Short Term

Future energy trends are expected to be governed by both the level and pattern of economic activity along with global demographic changes. The positive economic outlook globally is a result of the pickup in global trade, investment, and industrial production. Advanced economies witnessed strong domestic demand and output growth in 2017, while emerg...

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30 Dec 2015  |  Global

Global Demand Response Trends

Expansion of Distributed Generation Intensified by the Need for Demand Management

Demand response (DR) models are enabling real-time analysis of customer demand trends and allowing the generation, transmission and distribution infrastructure to react accordingly. Growth in this market means utilities will increasingly invest in innovative technologies and predictive tools to reduce power generation costs as well as grid failure...

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09 Oct 2017  |  Global

Evolving Trends in the Global Power Rental Market, Forecast to 2021

Surging Power Demand and Financial Benefits of Rental Equipment to Galvanize Market Growth

The focus of this research service is to analyze the drivers and restraints that affect the growth of the Global power rental market. Factors including increased awareness among customers, higher power demand, and unreliable grid infrastructure are likely to drive the demand for power rental solutions during the next five years. The study also addr...

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27 Apr 2016  |  Global

Global e-House Market Outlook for Power Distribution, Forecast to 2020

Kick-starting Growth with Intensifying End-user Demands, E-houses Unlock Demand Potential in Infrastructure, Oil and Gas End-user Segments

The study analyzes the e-house market in power distribution equipment by application (oil and gas, utility, mining, industrial, and wastewater treatment plants) and region (North America, Europe, Latin America, the Middle East and Africa, and Asia-Pacific) and provides definition of segments along with market size forecast. A growing need for power...

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30 Sep 2016  |  Global

Strategic Analysis of Global Heavy-oil and Bitumen Market

New and Innovative Technologies Stimulating the Growth of Heavy-oil Production

The study discusses growth and opportunities in the global heavy-oil and bitumen market. Heavy-oil production forecast and historic values are estimated in terms of the drivers and restraints of the market. A detailed analysis of heavy-oil extraction technology is provided. The multiple challenges which create a road block in heavy-oil development ...

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09 Sep 2016  |  Global

Connected Oilfield Services Market

Disrupting a $250 Billion Market, a Fragmented Ecosystem Looks at Convergence Amid Volatile Oil Prices

The recent decline in oil prices has put the brakes on a few technology investments; however, it has also created a need for greater efficiency in the oil and gas sector. Most oil and gas companies are operating assets in challenging conditions across multiple regions. Ensuring operational efficiency through the greater use of technology is therefo...

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