Global Energy Utilities Market Analysis
In the future, the global population will touch the nine billion margin. With the growing population, the worldwide demand for energy & power will grow and expand constantly. Modernizations and up gradations in technology will influence more use of electricity. New and innovative techniques like smart meters are predicted to display strong expansion and growth. Similarly, diminishing natural resources of conventional energy like nuclear energy, oil, and natural gas will push organizations to make more capital investments or business investments in sources of renewable energy like ocean thermal energy conversion, sun, wind, geothermal, tidal waves, water and biomass as well as sources of unconventional energy like coal bed methane gas, shale oil & gas and tight oil & gas.
Favorable government policies accompanied by heavy capital investments are supporting the alternate energy & power market sector all across the globe. Rising demand for global energy & power, high-cost volatility of oil and gas, rise in complications in government rules and growing ecological pressure have put up a big deal for other alternate sources of energy & power today.
The pollution of the climate caused by conventional sources of energy have created a demand for green energy. Also, there is growing awareness about the significance of green energy consumption and its sources among the firms all across the globe.
The energy & power sector is usually government regulated in most of the BRICS nations. But the dynamics of the energy & power sector are continuously driven by the factors like changes in government policies, growing privatization, relaxation of FDI rules in this section, new capital investments of energy & power projects by both private and public sectors, rising demand of electricity and use of smart grids & smart meters to effectively handle the transmission services.
Industry Overview
With the global population set to touch nine billion mark in next few years, the universal or worldwide demand for energy & power sector is predicted to grow. Growing political and climatic conditions are few of the aspects that are going to be responsible in measuring the growth rate of individual industry sections.
Today, governments across the globe are taking or displaying keen interest in investing their business capitals in clean energy & power sector. The reason being a warning issued by United Nations to the developed and developing economies of the world about the proposed 70% reduction in the carbon emissions in atmosphere within three decades to prevent hazardous or ill effects of environmental pollution on the nitrogen cycle , climate and e seasonal cycle.
Modernization in technology will impact consumption and use of electricity. Smart meters that permit two way consumption between central systems and household electricity are predicted to display strong expansion and growth across the globe in future.
Advanced Materials Aerospace & defense Agriculture Automation & Process Control Automotive & Transportation Banking & Financial Services Biotechnology Building & Construction Chemicals Cloud Computing Communications Devices and Infrastructure Consumer Goods Country Reports Cyber Security Data Center & Networking Energy Energy Utilities Food & Beverage Healthcare Industrial Goods Industry Updates Information and Communications Technology IT & Telecom Medical Devices Mining, Minerals and Metals Networking and Communications Next-Generation Networking Technologies Oil & Gas Outsourcing Services Packaging Pharmaceuticals Regional Reports Semiconductor & Electronics Software & Solutions Technology & Media Uncategorized
-
Global Horizontal Directional Drilling (HDD) Market
In 2021, the global horizontal directional drilling equipment market was valued at USD 8.9 billion and projected to reach USD 13.0 billion by 2028. The demand for horizontal directional drilling equipment is projected to increase substantially in the coming years.
-
Industrial Biomass Boiler Market
Global Industrial Biomass Boiler market generated over $2.9 billion in 2021 and projected to reach $5.9 billion by 2028
-
Brine Concentration Technology Market
Global Brine Concentration Technology market generated over $13.8B in 2021 & is expected to reach $18.4B by 2028
-
Biomass Boiler Market
Biomass is all materials used as fuel sourced from living plants or animal matter. These materials could be wood logs, pellets, energy crops, or other wastes from forests and farms.
-
Power Transmission Cables Market
Power transmission cables are widely used in transmission and distribution of electricity to various residential and commercial consumers.Power transmission cables are insulated with various materials such as PVC (Poly Vinyl Chloride), XLPE (Polyethylene with cross-links), rubber, impregnated paper and varnished cambric.
-
Transformer Monitoring Systems Market
The global transforming monitoring systems market was valued US$ 1490.3 Mn in 2017 and expected to grow at a Compound Annual Growth Rate (CAGR) of 10.8% during the forecast period from 2018 to 2026. The projected growth can be largely credited to several upcoming smart grid infrastructure projects and risisng popularity of non-conventinal energy resources across the globe.
-
Power Plant Boilers Market
Power Plant Boilers Market Is Expected To Reach US$ 28.7 Bn By 2025, Expanding At A CAGR Of 4.0% During The Forecast Period 2017 – 2025
-
Thermal Energy Storage Market
Thermal Energy Storage Market Is Expected To Reach US$ 6.2 Bn By 2025, Expanding At A CAGR Of 11.0% During The Forecast Period 2017 – 2025
-
Floating Solar Panels Market
This report titled “Floating solar Panels Market – Growth, Future Prospects, and Competitive Analysis, 2016 – 2023” offers strategic insights into the trends in floating solar panels market along with the market size and forecast for the duration 2013 to 2023.
-
Bunker Fuel Market
Bunker fuel market valued at $244bn in 2014, projected to reach $288.3bn by 2020 with CAGR of 2.8% (2015-2020).