The H&B industry is a combination of traditional and high-growth sectors with huge opportunities for both leading and emerging participants. explore the seven key segments, top industry predictions, growth opportunities, developments, technologies, and more that will transform this landscape.
What is the impact of the top three strategic imperatives on the global CHP sector? What are the key growth drivers and restraints? How does the competitive environment look? What are key growth opportunities participants can leverage? Get answers to these questions and more in this analysis.
The Start-up Tracker helps the upstream industry identify providers with specific solutions to industry challenges and is focused on cutting costs while improving recovery rates. From this rich database, get detailed company profiles, an analyst viewpoint, and an overall score for every start-up included.
I love the Alvin Toffler quote, “The great growling engine of change—technology,†for a host of reasons. “Growling†could be overlooked for “change†simply because we are caught in an era and pace of change that leaves our heads spinning, and strategy executives love to talk about change. However, the deliberate use of growling denotes a sense of hostility. My interpretation of this word choice is the foresight to know that technology is an incredibly fickle and risky proposition, and fickleness has a high propensity to create hostile responses based upon our given perspective.
This is exemplified by our 2021 Edition of the Top 50 Emerging Technologies, which showcases technologies at a technology readiness level (TRL) of 5 to 9. Our team spent tens of thousands of hours determining the standouts for the next several years and assessed their viability across our criteria. Our top technologies cannot be ignored, especially with a tidal wave of end-user needs spurred by the recent geopolitical chaos (COVID-19, elections). This has created a renewed view of the impact these technologies can have on many applications.
Schedule a consultation with an industry expert at no charge by contacting us at myfrost@frost.com. We are taking unprecedented action to make our team available to help you cut through the media and politics to get factual one-to-one guidance for the issues and opportunities that matter most to your business.
Grid Battery Energy Storage: Growth Powered by Modernization and Cost Reductions
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Digital Twins in the Power and Utilities Industry: New Growth Prospects Revealed
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Innovative Technologies and Growth Strategies Transforming the Power Generation Sector
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Sustainability and Digital Transformation Boost Growth of FM in the GCC Countries
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Renewed Outsourcing and Technical Services to Drive Growth and Recovery of the German FM Sector
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Circular Economy and Growing Scarcity of Materials with Intrinsic Value Transforming Global WEEE Recycling
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Global Data Center Sector: How is Increased Investment by Cloud and Colocation Providers Driving Growth?
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Global Food & Beverage Water and Wastewater Treatment: Sustainable Solutions Accelerate Growth
Read more Request InfoIn the US, renewables will dominate
annual capacity investment in deregulated
markets and markets with limited reserves of
natural gas. Even in regulated markets,
renewables will make significant inroads, as
they continue to become an increasingly viable
investment alternative to fossil-based power
generation.
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Although many EU states did not
achieve the target of 20% of electricity from
renewable energy sources, a number of them
exceeded the target, and renewables have become
a mainstream generation technology within
Europe. Subsidies supported the initial boom in
the late 2000s and their withdrawal in the
early 2010s did slow the market. Since then,
technology cost reductions for solar PV and
onshore and offshore wind have been key to
reactivating the market.
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Renewable energy will dominate the
next decade, having already built strong
momentum in the late 2010s. Frost & Sullivan
forecasts that $2.72 trillion will be invested
in wind and solar over the course of the next
decade, marking a further significant shift
away from fossil fuel-based generation across
nearly all regional power markets.
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Frost & Sullivan’s recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables and declining technology costs are key factors fueling the market. As more nations across regions commit to generate over 50% of power from renewable energy by 2030 and modernize their regulations to accommodate flexible assets, the global grid battery storage capacity will likely reach 134.6GW by 2030 from 8.5GW annual capacity additions in 2020. As a result, the market is estimated to reach $15.94 billion by the end of the decade from $2 billion in 2020, an uptick at an impressive compound annual growth rate of 23%.
Frost & Sullivan is pleased to announce the call for nominations for its annual Excellence in Resourcefulness Awards in collaboration with Itron. Utilities and cities offering innovative products and services to minimize waste of electric, gas and water are invited to submit nominations for their sustainable efforts by July 31st, 2021.
Frost & Sullivan recognizes that waste streams are expanding at a skyrocketing pace as economies advance with rapid industrialization, better standards of living and technological innovations.The surging use of electronic equipment to simplify consumer lifestyles poses a threat to human and environmental safety as products are designed with a greater focus on affordability over longevity. As a result, 2020 generated 53.5 MMt of eWaste; 78% of this waste remains uncollected and undocumented, raising concerns about the efficient handling of end-of-life products.
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