• Realizing the GWP potential of SF6, the industry is shifting towards environmentally friendly alternatives.• GIS is projected to exhibit robust growth with a CAGR of 7% in terms of revenue during the same period, with significant demand originating from renewable...
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Evolution of DOE 2027-2056 Efficiency Standards: Impacts on the Distribution Transformer Industry
• One aspect of the DOE 2027-2056 proposed law advocates for amorphous steel in the manufacturing of distribution transformers.• Deployment of the DOE 2027-2056 proposed efficiency standards will affect domestic and foreign manufacturers, as well as those importing...
Exploring the European EVCI Services Market Key Players and Emerging Trends
There has been a significant surge in the development of EVCI due to the widespread adoption of EVs in Europe. By 2030, it is expected that Europe will dominate global EV charger I&C and maintenance market and for a 42% and 50% share of the market in 2030,...
Wired for Growth: Examining the Middle East’s Switchgear Sector
• The Middle East (ME) market for Medium Voltage switchgear is projected to undergo robust and consistent annual growth from 2023 to 2028.• Economic recovery from the COVID-19 pandemic has resulted in higher investments in infrastructure, transport electrification,...
Global EV Market: Analysis of EV Sales Slowdown in 2023
• EV sales were impacted adversely in 2023 on account of various factors, including price disparity, consumer perception and supply chain challenges.• Due to the shortage of lithium, EV battery prices rose in 2022, which led to an increase in EV prices.• The reduction...
Currents of Change: HV Switchgear Enables Europe’s Sustainable Future
HV switchgear offers multiple benefits, such as controlling power flow, improving grid stability, ensuring power quality, and enhancing protection. In Europe, the high-voltage (HV) switchgear market is poised for increased growth, driven by the growing need for...
Comparing the Supply Chain Dynamics of Grid Flexibility Technologies in the EU’s Renewable Energy Transition
The EU has taken significant steps to stabilize its BESS supply chain in response to the growing demand for clean energy technologies through initiatives like the European Raw Materials Alliance and Horizon Europe funding program. Key players like Siemens, General...
US and EU Strategies in Smart Buildings
Download Service Overview The EU and USA aim to decarbonize their building sectors to meet emission reduction targets. Initiatives like the Home Energy Rebate Program in the USA and the revised Energy Performance of Buildings Directive (EPBD) in the EU offer roadmaps...
Navigating the Evolving Terrain: An Exploration of the Distribution Transformers Market in the MEA Region
The distribution transformer market for the Middle East and Africa (MEA) region is the smallest compared to other regions. Three countries, including KSA, Egypt, and South Africa, cover more than 40% of the market. The demand drivers for the distribution transformer...
India’s Electrifying Journey, Leading the Charge in E-Bus Adoption
India is a pioneer in electric vehicle adoption, emphasizing public transport to reduce pollution. FAME II sees significant changes, with extended subsidies for electric buses and reduced support for two-wheelers. The Gross Cost Contract model and subsidies have...
Battery-Buffered EV Charging in the Smart Grid Landscape
Battery-buffered EV charging is an innovative approach that integrates electric vehicle (EV) charging stations with energy storage systems, typically in the form of large-scale batteries. Incorporating battery-buffered EV charging into electrical systems has several...
Setting Sail with Hydrogen: Challenges, Opportunities, Policies, and Industry Initiatives
The maritime industry faces intense pressure to reduce greenhouse gas (GHG) emissions, curb environmental impact, and sail towards a greener future. Certain challenges in shifting to hydrogen include high finances, efficient storage space, and regulatory and policy...