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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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22 Nov 2018  |  Global

Global Battery Management Systems Market, Forecast to 2024

Rising Adoption of Electric Vehicles and Increasing Popularity of Renewable Energy Integration Drives BMS Demand

Battery management systems (BMS) are critical to ensure the safe and reliable operation of batteries, especially in advanced applications. The BMS market mirrors the growth of the battery market, and it is expected to grow steadily throughout the forecast period due to the increasing adoption of electric vehicles (xEVs), rising popularity of batter...

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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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16 Nov 2018  |  Global

Global Harmonic Filters Market, Forecast to 2024

Efficient Power Quality Driving the Demand for Harmonic Filters

A harmonic filter is used to eliminate the harmonic distortion caused by electrical appliances. The role of harmonic filter is critical of the commercial and industrial sector as it can cause malfunctioning of the system, leading to downtimes and increases in operating costs. With latest technological advances and upgrades of infrastructural reform...

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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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24 Aug 2018  |  Global

Global Motive Lead-Acid Battery Market, Forecast to 2024

Despite Penetration from Lithium-ion, Lead-acid Battery Will Dominate Deep Cycle Application

The well-established global motive lead acid battery market is expected to witness a CAGR of 4.2% between 2017 and 2024. Material handling equipment is the key application using lead acid batteries, globally. Increase in eCommerce models is driving the need for warehouse. These warehouses need electric forklift for indoor operation that boosts the ...

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10 Apr 2018  |  Global

Global Generator Set Database Compendium, Forecast to 2021

Hot Spots and High-Level Trend Analysis

The focus of this research service is to analyze the global generator set market. Factors including more awareness among customers, higher power demand, unreliable grid infrastructure, and more severe and unpredictable power outages are likely to drive the demand for generator sets during the next 5 years. The study also addresses the current and f...

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09 Apr 2018  |  Global

Global Transformers Market, Forecast to 2022

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...

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28 Mar 2018  |  Global

Global Residential Battery Energy Storage Market, Forecast to 2022

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...

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27 Mar 2018  |  Global

Global Renewable Energy Inverters Market, Forecast to 2022

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...

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