Market Research Reports for Energy and Power
A detailed market research report is available to help you better understand the market for power and energy. These reports can include detailed insights on the present market scenario and future outlooks, product trends, industry overviews, sales statistics, and competitor analysis. You can also obtain information on energy efficiency and conservation. These reports can be used for strategic business decisions. Read on to learn more about the different kinds of market research reports available for energy and power.
Distributed energy resource management system
The Asia Pacific region holds huge growth potential in the distributed energy resource management market, with a projected value of USD 0.12 billion by 2020. This region is experiencing industrialization which is increasing energy requirements and is expected to contribute to a bolstered marketplace during the forecast period. Brazil is the largest market in the region. The Energy Planning Agency of Brazil has pledged to increase renewable energies consumption to 48% by 2029.
DERMS is an advanced distributed resource management solution that can assist distribution utilities in managing a large number intermittent Distributed Energy Resources (DERs). This software allows distribution utilities to manage and optimize these resources. It reduces the grid’s impact and achieves reliability and efficiency goals. With its powerful capabilities, OATI’s webSmartEnergy(r) DERMS helps reduce the impact of DERs while delivering key economic value for distribution utilities. Grid operators will be faced with voltage variations, overloads and phase load imbalances as well as frequency problems without this solution.
Global market for gasoline engines
Many factors are responsible for the growth of the global market for gasoline engines, including an increasing demand for electricity, rapid industrialization and a growing population. Various governments have taken various measures to reduce air pollution and greenhouse gas emission. Rising environmental concerns, as well as changing preferences, are fueling the growth of the market. The power generation segment will account for 29.9% in 2019 and is expected to make up a large part of the overall market.
The need for electricity in both developing as well as developed countries is the driving force behind the gas engine market. The market has been driven by the increasing demand for electricity and the consequent increase in population. The availability of natural gases is an ongoing issue. Some countries have vast natural gas reserves while others have very limited resources. As a result of these differences, gas prices have varied widely between countries. This has caused significant price differences for consumers and distributors. This is one of the main factors that have contributed to the growth of the gas engine industry.
There is a growing demand for renewable energy sources
The world is experiencing an increase in energy demand, primarily due to the electrification and transportation and construction sectors. Since their inception, the cost of renewable energy like solar and wind power has fallen dramatically. Digital transformation has also led to increased data flows, processing and storage requirements in industries. All these factors contribute to the growing gap between electricity and other fuels.
As the world population grows, so will the demand for fossil fuels. In Asia, a rapidly growing population will support the growth of power demand. The demand for basic electricity will continue to rise with the construction of new manufacturing facilities. The favorable policies such as tax breaks and foreign investment (FDI) have led to some companies moving their operations to the region. The growth in renewable energy will be driven by these factors.
CES offers comprehensive, global insights into emerging technologies and their applications in energy markets. Its services and products include market research, advisory services, detailed data on 3M+ businesses, and detailed data. Its reports include current market statistics and price trends, as well as detailed analysis on key factors that influence the industry. In addition, the company offers a competitive salary commensurate with experience. A competitive benefit package includes health and disability insurance, a gym membership, and Employee Provident Fund Scheme.
Digitalization in oil and gas will improve efficiency, as well as renewable energy. New technologies that utilize customer usage data will be deployed to make energy decisions, and companies will be positioned to capitalize on those trends before competitors do. Companies must also manage the risk of innovation and new technologies affecting existing assets. Energy companies will be able to make informed decisions if they analyze emerging renewable generation technologies or implement smart meter technology.
The South Eastern U.S. electricity markets covers all or part of Alabama, Florida Georgia, Mississippi North Carolina, South Carolina and Tennessee. Utilities in the region are vertically integrated. The resource mix varies by NERC subregion. In the Southeast, natural gas has become cheaper in recent years. The Southeast electricity market remains highly competitive. Major players are actively seeking to increase market share by diversifying energy sources.
Asia-Pacific is a key region for growth in the power market. The region was the world’s largest power market in 2018, and this has been fueled by the rise in electricity demand from China. China has also upgraded its power distribution network to support higher electricity transmission. India is the world’s fastest-growing power market. Renewable energy is expected to surpass fossil fuel-based power expenditures in 2019. Many of the countries in the region are investing heavily in transmission and distribution networks to meet the increasing demand for energy.