Internet of Things - IOT

The global UPS market is witnessing growth due to data center demand across key countries such as the U.S, U.K, Germany, China, Japan, UAE, and African countries. UPS is an essential component to ensure uninterrupted, high power quality to equipment that cannot afford an interruption or disturbance in power. The market revived after a slump and is ...

Blockchain is predicted to disrupt majority, if not all, of industries in the medium term. At the moment, the development of blockchain technology is already gaining momentum and it is already advancing in number of industries, oil and gas included. The core technology that blockchain can provide, which is distributed ledger, is seen as medium to i...

As EVs continue to disrupt the power-mobility ecosystem, the role played by charging solutions in the 2020s will be crucial in how effectively the ecosystem develops. This will more so as utilities, technology solution providers, and major oil and gas firms look to target an area which effectively bridges power and mobility. Although a nascent indu...

The architecture of the global energy market is changing. The market model is transforming from highly centralized power distribution into decentralized, distributed energy management enabled by intelligent software and new approaches to data management. Three trends—digitalization, decentralization, and decarbonization—are steering the transfo...

The global smart meter market continued to register strong growth in 2018, as major rollouts continued to accelerate, pilot projects became larger projects and the first second-generation smart meter installations occurred. China will remain the most important country market, accounting for approximately 50% of shipments across the forecast period,...

Offshore wind energy involves the harvesting of wind power by setting up wind turbines in bodies of water, usually on the seafloor. Owing to the higher wind velocities in offshore locations, offshore wind turbines deliver greater power than their onshore counterparts. Higher offshore wind velocities also translate into higher capacity utilization f...

10 Jan 2020  |  Global  |  Market Research

Global Modular Uninterrupted Power Supply (UPS) Market, Forecast to 2023

Data Centre Advancements Drive Market Penetration

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Right sizing backup power has for long been an unmet need for end users. Businesses face the challenge of anticipating their growth over time, which eventually leads them to face issues with backup power requirement. There is a trend where end users tend to deploy a UPS system configured for a larger power range to accommodate future growth. In rea...

Onshore wind energy involves the harvesting of wind power from wind turbines set up on land. Its growing popularity as a means to meet country-specific clean energy targets along with strong regulatory support are driving industry growth globally. Corporate interest in procuring wind power to meet renewable energy goals as well as falling wind turb...

Smart meters are the bedrock component of a future smart grid. The smart meter market is driven by the reduction of non-technical loss, their essential role in effective integration of renewable energy, and government initiatives and regulations. Global AMI metering market revenue grew 29.8% from 2017 to 2018, reaching $6,931.5 million; revenue is ...