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Energy
The energy and environment industry is undergoing rapid transformation from a static and conventional system to the fluid and dynamic Internet of Energy. Renewables are a significant portion of the world’s energy production, with rapid growth of the last decade spurring advanced solutions in grid technologies and energy storage. Nevertheless, fossil fuels continue to dominate much of the world’s power portfolio, from the adherents and detractors of fracking for oil and gas, to the continued high volume of coal used in key global regions. Services to the industry are rapidly evolving to leverage the influx of information from the Industrial Internet, creating new solutions and business models such as advanced predictive maintenance, optimized generation and storage, innovative energy efficiency solutions and X-as-a-Service. And all of this is driven by the push and pull of increasing demand for cleaner air and water alongside the need for more power and energy.
Frost & Sullivan works closely with the world’s largest OEMs, utilities, service providers and IT firms to help them find the opportunities in this sea of change. Our experts and consultants constantly engage with markets from oil and gas to electricity, grids to homes and buildings, and the critical needs for power, water, and environmental solutions across all sectors of the global economy.
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23 Feb 2022  |  Global  |  Mega Trends
Global Solar Photovoltaic Growth Opportunities
Decarbonization Efforts and Continual Decline in Project Costs Drive Transformational Growth
Global concerns about climate change have spurred a flurry of investments in renewable energy sources and other decarbonization initiatives. The efforts to focus on renewables were initiated at the 2016 COP21 in Paris, which led to countries setting renewable energy targets to achieve by 2030 in attempt to mitigate global warming. More recently, at...
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09 Feb 2022  |  Global  |  Mega Trends
Global Solar PV Services Growth Opportunities
Advanced Service Offerings and Upcoming Projects are Set to Fuel a Strong Growth Pipeline
Climate change has spurred a flurry of investments in renewable sources and decarbonization efforts. Following the COP21, Paris (2016) which proposed renewable source targets to be achieved by 2030, more than 100 countries pledged to cut methane emissions by 30.0% from 2020 levels at the recent COP26; this is likely to have a direct impact on the e...
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15 Dec 2021  |  Global  |  Mega Trends
Growth Opportunities in the Global Wind Services Market
Increasing Adoption of Digital Technologies and Technological Innovations to Drive the Global Wind Services Market
Continued concerns over increasing carbon emissions and the need to mitigate climate change have forced governments to accelerate investments in renewable energy. Wind and solar energy, in particular, are expected to play a crucial role in the global race toward decarbonization. Over the last ten years, wind energy capacity additions have gained mo...
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14 Dec 2021  |  Global  |  Technology Research
Emerging Technologies Transforming Offshore Wind Energy
High Reliability and Cost-effective Large-scale Energy Production Drive the Deployment of Offshore Wind Energy Farms
Energy generation is the most crucial building block of a country’s economic development and a key determinant of its progress. Population growth requires a higher degree of economic development, which directly requires more energy to be generated. To meet the rising energy demands, the energy sector is under pressure to expand rapidly as countri...
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04 May 2021  |  North America  |  Mega Trends
The Digital Transformation is Powering the North American Generator Sets Market
Increased Focus on Value Addition Related to System Flexibility and Digital Product Offerings; the Aim is to Gain a Competitive Advantage to Benchmark Future Growth Potential
In this research service, Frost & Sullivan reviews the rising need for generator sets in light of the growing demand for power. Rising customer awareness has also opened up opportunities for diesel and gas generators over the past 10 years. In addition, the growing adoption of digital solutions for resource management, remote monitoring, and asset ...
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16 Apr 2021  |  Global  |  Mega Trends
Flexible CHP Systems will Play a Significant Role in Grid Stabilization and Resilience
Decentralization will become More Autonomous and Resilient to Grid Outages Amidst the Need to Create Cleaner Energy Onsite, where CHP will Play an Important Role in the New and Evolving Grid
The global combined heat and power (CHP) market is poised to grow at a moderate CAGR of 4.8% from 2020 to 2030. The industrial and utility segment is expected to account for the major share of CHP installations throughout the forecast period. From a technology standpoint, gas-based CHP will continue to dominate the market. Favorable legislation wi...
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11 Dec 2020  |  Asia Pacific  |  Mega Trends
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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09 Oct 2020  |  Global  |  Mega Trends
Growth Opportunities in the Hydrogen Market for the Global Power Sector
With a Multitude of Applications, Hydrogen will Play an Important Role in Our Transition towards a Low-carbon Economy
Continued concerns over global warming and increasing carbon emissions have forced governments to reduce their dependency on fossil fuels based economy and move towards a low-carbon economy. Our sustainable future depends on the development of these low-carbon and alternate energy sources that are renewable and environment friendly. In recent year...
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30 Dec 2015  |  Europe  |  Market Research
Turkish Solar Power Market
Small-scale Installments Driving Momentum
The Turkish solar power market is at an early growth stage, and high future growth is promising. In terms of irradiation rates, solar power in Turkey is expected to grow rapidly in the medium term. Government incentives such as guarantees of purchase and feed-in-tariffs are the main drivers for the market. The government has made efforts to overcom...
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23 Nov 2015  |  Asia Pacific  |  Market Research
Asia-Pacific Switchgear Market - 2015 Update
Japan’s $110 Billion Infrastructure Investment Expansion into APAC will Revitalize Market Growth
The rise in the need for alternative energy such as renewable power, coupled with a significant increase in investments across the residential, commercial, and industrial sectors, has led to a strong demand for switchgear products. This research service analyses the switchgear market in Asia-Pacific, focusing on current conditions and future market...
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