Industries

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...

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  |  Market Research

Asia-Pacific Lithium-ion Battery Market, Forecast to 2025

Electric Vehicles, Energy Storage, and Industrial Applications Boost Demand

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Key Issues Addressed

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...

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...

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...

As the region with some of the lowest electrification rates in the world, Sub-Saharan Africa (SSA) will exhibit continued growth of power pools. This growth is likely to be driven primarily by expanding transmission and distribution (T&D) networks within and between member countries. This outlook provides an analysis of the power pools in SSA, foc...

26 Mar 2019  |  Asia Pacific  |  Market Research

Asia-Pacific Switchgear Market, Forecast to 2025

Southeast Asia is Likely to Contribute to 50% of the Total Switchgear Sales by 2030 in APAC

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Key Issues Addressed

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...

The access to electricity in Africa is well below the global average, presenting a significant opportunity for the development of the energy supply industry, largely in the form of private sector investments in electricity generation. Many African governments are under immense pressure to improve the quality and reliability of electricity supplied ...

The secondary battery market in Asia-Pacific is experiencing strong growth due to significant fall in battery costs and increasing demand from automotive, utilities, industrial sectors, consumer electronics, and wearable segments. Asia-Pacific is the largest market globally for batteries and is also rapidly growing its battery production. The regio...