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Annual plug-in electric vehicle sales in North America expected to exceed 1.1 million by 2024, says Navigant

May 27, 14:26

With more than 133,000 plug-in electric vehicles (PEVs) sold in 2014, North America is currently the world's strongest market for these vehicles. While regional sales are concentrated in California, where both state incentives and a mandatory Zero Emissions Vehicle (ZEV) Program drive PEV penetration,...

Electric motorcycle and scooter sales expected to total 55 million from 2015-2024, says firm

May 22, 16:10

Taken together, increasing interest from large manufacturers and decreasing battery costs offer an opportunity to drastically change the current market landscape for electric motorcycles and electric scooters. With well-known players such as Yamaha and Harley Davidson poised to expand offerings into...

Vehicle-grid integration service revenues expected to total US$68 million from 2015-2024, says firm

May 20, 21:13

By participating in grid-balancing services, such as frequency regulation or demand response, PEVs can accrue revenues and increase the return on investment of the vehicle to the owner. However, these vehicles also represent a significant increase in electricity demand that, if unmanaged, could cause...

Identified microgrid capacity has tripled over last year, says Navigant

May 18, 15:57

A host of new government programs supporting microgrid deployments has been launched in the last 12 months, especially on the east coast of the US. The majority of these projects are proposed or are under early development, and are not actually delivering energy services today, but they are expected...

Teco and CSMC to jointly step into offshore wind power market

May 15, 15:34

Teco Electric and Machinery and China Steel Machinery (CSMC) will set up a joint venture for development and production of offshore wind power systems, according to Teco.

Sensor-enabled on-street smart parking spaces expected to exceed 1 million by 2024, says firm

May 13, 14:30

The parking industry is being transformed by new technologies that are enabling cities to reduce levels of congestion significantly. Sensor networks that detect vehicle occupancy are providing the basic intelligence behind smart parking systems, which provide real-time parking availability information...

Building energy management system revenues expected to total nearly US$55 billion from 2015-2024

May 8, 11:21

During the past decade, as technologies have matured and the economic benefits have become apparent, the market for building energy management systems (BEMS) has continued to evolve. Along with strategic benefits, such as greenhouse gas reductions and sustainability improvements, these drivers are...

Commercial combined heat and power market expected to be worth more than US$14 billion annually by 2024, says firm

May 7, 15:01

In light of concerns about grid reliability, demand for electricity, and greenhouse gas emissions, policymakers, utilities, and building owners in a growing number of countries are becoming more interested in commercial combined heat and power (CHP) systems. In fact, governments around the world are...

Demand response spending expected to exceed US$1.3 billion a year by 2024, says firm

May 6, 22:03

A number of forces are driving increased adoption of demand response (DR), not only in North America but around the world. The changing resource mix in electric grids globally is creating more potential for DR to play a pivotal role in managing the grid and conserving overall energy use. According...

Smart grid IT revenues expected to double by 2024, says firm

May 4, 15:18

Utility smart grid information technology IT systems and analytics are projected to account for a significant-and growing-portion of utility smart grid investment over the next 10 years. While utility investment in new IT solutions are likely to happen in an incremental fashion in most regions, total...

Utility customer information systems and analytics spending expected to total nearly US$37 billion from 2014-2023, says firm

Apr 30, 13:10

With a broad diversity of customer situations to account for, billing and customer care is often a complex issue for utilities. This, combined with a changing competitive landscape, increasing customer expectations, and a growing number of media for customer engagement, is expected to prompt many utilities...

Sales of electric trucks and buses for commercial applications expected to total more than 805,000 from 2014-2023, says firm

Apr 28, 15:23

Although medium and heavy duty vehicles represent a fraction of all vehicles on roadways today, they contribute significantly to road transportation sector fuel consumption and carbon emissions. However, electric drive vehicles – with improved fuel efficiency, technological advances, and an alternative...

Annual installations of natural gas generator sets to more than double by 2024, says Navigant

Apr 22, 14:58

Used for emergency standby, prime, peaking, or continuous power, gensets fueled by natural gas are poised for rapid growth in the coming years, particularly in markets where inexpensive natural gas (NG) is widely available, such as North America. Economic growth in the developing world, meanwhile,...

Energy management for healthcare expected to exceed US$2 billion in annual revenues by 2024, says Navigant

Apr 21, 16:08

Rising healthcare costs, competitive industry pressures, and concerns over stable power supplies in the face of recent severe natural disasters have generated a new and concentrated focus on the ways in which healthcare facilities procure, use, and manage energy. These forces are driving governments...

The rise of the energy cloud signals a fundamental shift in the power segment, says Navigant

Apr 17, 12:36

Moving from a centralized hub-and-spoke grid architecture based on large centralized generation assets toward an increasingly decentralized electrical grid that makes extensive use of distributed energy resources (DERs), the power segment is undergoing sweeping changes. These changes can be summarized...

Smart grid protective relay revenues expected to reach US$9.7 billion annually by 2024, says Navigant

Apr 16, 15:12

The use of digital protective relay technologies is changing and advancing the management and control of power grids. The capabilities of advanced protective relays (ADVPRs) have evolved, enabling advanced sub-second monitoring, data collection, communications, and other capabilities. According to...

Smart grid protective relay revenues expected to reach US$9.7 billion annually by 2024, says Navigant

Apr 14, 15:53

The use of digital protective relay technologies is changing and advancing the management and control of power grids. The capabilities of ADVPRs have evolved, enabling advanced sub-second monitoring, data collection, communications, and other capabilities. According to a new report from Navigant Research,...

China needs CNY1.58 trillion in funding for PV, wind power installations from 2014-2017, says Ernst & Young

Apr 14, 11:59

The target installation capacity for PV rooftop systems and power-generating stations and that for wind power-generating turbines set by the China government for 2017 will entail financing of CNY1.58 trillion (US$255 billion) over 2014-2017, according to accounting service provider Ernst & Young...

Building commissioning services expected to reach nearly US$6.6 billion in annual revenues by 2024, says Navigant

Apr 10, 14:33

A valuable tool to ensure operational and energy efficiency, building optimization and commissioning services originated in the US and UK in the 1960s and 1970s, as a quality assurance measure for new buildings. In recent years commissioning has experienced rapid growth through the spread of green...

Community resilience microgrids expected to reach US$1.4 billion a year by 2024, says Navigant

Apr 8, 22:08

While virtually all microgrids share the goal of improving grid resilience, systems specifically designed to promote grid resilience within communities are backed by specific government programs that provide funding and regulatory support. This support is a major factor in promoting the spread of community...

Revenues from energy storage technologies expected to exceed US$21 billion annually by 2024, says Navigant

Apr 7, 15:40

The supporting technologies associated with energy storage systems include power conversion (primarily focused on inverters), system-level software and controls, and systems integration services. Forming a critical component of the energy storage value chain, these technologies face intensive scrutiny,...

Advanced distribution management systems expected to exceed US$3.3 billion in annual revenues by 2024, says firm

Apr 2, 13:55

Offering the potential to unify utility distribution IT systems into a single, more efficiently managed platform, advanced distribution management systems (ADMSs) have emerged over the past few years as a major smart grid technology innovation. As such, the market for ADMSs has expanded rapidly, fueled...

Growth of solar and wind industry to increasingly rely on IoT-based technologies and services, says ABI Research

Apr 1, 15:59

According to ABI Research, growth of the solar and wind industry will increasingly rely on adoption of IoT-based technologies and services. ABI Research expects IoT connected wind and solar installations to grow at a CAGR of 21% between 2014-2020 with the total number of connections growing from the...

Worldwide natural gas vehicle sales to total 37.2 million from 2014-2024, says Navigant

Apr 1, 10:56

Though natural gas has been used in vehicles since the advent of the internal combustion engine (ICE) in 1860, it wasn't until the 1970s, when oil crises encouraged the development of alternatives to help conserve liquid oil fuel, that today's natural gas vehicles (NGVs) began to emerge. Driven by...

Taiwan market: Gogoro to launch Smartscooter in summer 2015

Mar 31, 11:30

Taiwan-based Gogoro has unveiled Smartscooter, an electric scooter developed and produced in house, for launch in the Taiwan market in the summer 2015, according to company CEO Horace Luke.

Gogoro Smartscooter

Smart building technology spending forecast to grow to US$17.4 billion in 2019, says IDC

Mar 30, 16:00

An increasing number of case studies are emerging to demonstrate the business case and benefits associated with developing smart buildings. According to a new IDC Energy Insights report, leading organizations around the world are encouraged to evaluate their current smart building status and to implement...

Global wind power installations increase 42% in 2014, says Navigant

Mar 27, 15:43

Fueled by the policy-driven acceleration of installations in three key countries - China, Germany, and the US - the global wind industry staged a remarkable comeback in 2014. Expansion in second-tier countries, such as Brazil, Turkey, France, and Canada also helped sustain a strong foundation for the...

The installed base of prepaid electric meters expected to exceed 85 million by 2024, says Navigant

Mar 25, 15:49

The market for prepaid electric metering is steadily gaining ground, due to the spread of smart metering technology and growing acceptance of the idea of prepaying for services. Paying in advance for electricity not only helps utilities improve their cash flow and reduce their delinquent payments,...

Utility outage management system spending expected to total nearly US$11.8 billion from 2014-2023, says Navigant

Mar 24, 15:01

Historically, outage management systems (OMSs) have been configured to respond to signals that indicate outages, manage restoration, and communicate outage information. However, with much larger amounts of data available from modern smart grid technologies, today's OMSs are becoming more complex and...

Sales of electric motorcycles and scooters to reach nearly 6 million a year by 2024, says Navigant

Mar 23, 15:36

As cities become increasingly congested with traffic, many urban dwellers are turning to various forms of electric two-wheeled transport. The market for electric motorcycles and scooters is expected to achieve stable and continuous growth during the coming years, as several large manufacturers enter...

Worldwide capacity of distributed energy storage systems to increase nearly 10-fold in next 3 years, says Navigant

Mar 19, 15:53

The focus of rapid innovation and intense competition, the market for distributed energy storage systems (DESSs) has exceeded industry expectations for growth and market volume in recent years. Responding to this demand, grid operators, utilities, and governments are encouraging storage installations...

Nearly 60% of light-duty vehicles purchased in 2025 to feature turbochargers, says Navigant

Mar 18, 16:04

Even as sales of plug-in electric and hybrid vehicles are growing steadily, automakers are busy introducing innovations that help conventional gasoline and diesel-powered vehicles be more fuel-efficient. Lighter, more aerodynamically efficient bodies combined with powertrain efficiency upgrades provide...

Commentary: Why smart thermostats have a limited market in China

Mar 11, 22:11

Smart home applications are one of the major focuses as part of the ever-growing IoT industry in 2015 and there is much discussion over how to control and connect appliances such as thermostats, refrigerators and washing machines. In western nations where homes are built around centralized air and...

Cylindrical battery demand to see 32% increase in demand during 2015, says firm

Mar 11, 20:49

Cylindrical battery demand will see an on-year increase of 32% from 882 million in 2014 to 1.171 billion units in 2015, according to EnergyTrend.

Worldwide revenues from small and medium wind power systems expected to reach nearly US$2.4 billion by 2023, says firm

Mar 11, 15:05

Fueled by the spread of innovative financing programs centered around the leasing model, growth in the installation of small and medium wind power systems is accelerating. In the long term, however, the overall outlook for the small and medium wind market in each country will be determined by whether...

Vehicle-grid integration service revenues expected to reach nearly US$21 million by 2024, says Navigant

Mar 10, 15:10

Today's plug-in electric vehicles (PEVs) represent a significant increase in electricity demand that, if unmanaged, could cause problems with distribution-level transformers and could drastically increase demand during peak hours when PEV owners return from work and plug in their vehicles. At the same...

Commercial building automation system revenues expected to total more than US$713 billion from 2015-2023, says Navigant

Mar 6, 14:11

The opportunities presented by analyzing the vast amounts of data that building automation systems (BASs) can collect are accelerating their adoption across the commercial building sector. In particular, the integration of smartphones into many interactions between humans and the world around them...

Revenues from energy efficient building products and services expected to total more than US$4.3 billion from 2015-2023, says Navigant

Mar 4, 15:39

Current building stock accounts for a substantial amount of global energy use, putting increased pressure on governments and corporations alike to reduce their carbon footprints and energy-related spending. As a result, energy efficiency has become a broad-based strategy to solve both of these challenges...

Sysgration lands orders for electric bus-use battery modules from CSR

Mar 3, 20:50

Sysgration has obtained orders for battery modules for use in 500 electric buses from China-based maker CSR, with each module priced at CNY750,000 (US$119,590) and shipments to begin in June 2015, according to the company.

Home energy management revenues expected to total more than US$22 billion from 2014-2023, says Navigant

Mar 3, 14:24

Shortly after Google purchased Nest Labs in January 2014, home energy management (HEM) stakeholders began reporting increased market activity, as the acquisition signaled to vendors, utilities, service providers, and retailers that the value in home energy management and automation was finally gaining...

Longer blades and new materials are affecting the global wind turbine manufacturing industry, says Navigant

Mar 2, 15:29

As the wind turbine manufacturing industry has evolved and matured, blades have become a strong area of strategic product innovation and sourcing shifts. Turbine makers are making major capital-intensive investment changes in how blades are designed, what materials are used, the manufacturing processes...

Nearly 700MW of energy storage capacity has been announced in from 3Q14-1Q15, says Navigant

Feb 26, 14:03

2014 was a major year for the global energy storage industry, with some of the largest single contracts in history awarded to leading storage companies. Driven primarily by regulatory mandates in the US, Europe, and Asia Pacific, the industry took significant steps forward. According to Navigant Research,...

Revenues from electric vehicle charging services expected to reach US$2.9 billion annually by 2023, says Navigant

Feb 25, 14:55

The market for plug-in electric vehicle (PEV) charging equipment (also known as electric vehicle supply equipment, or EVSE) is expanding, while experiencing predictable growing pains. With the number of PEVs in use projected to reach 12 million globally by 2023, the market for EV charging services...

Revenues from building energy management systems expected to reach nearly US$10.8 billion by 2024, says Navigant

Feb 24, 15:51

Several market trends, including growing corporate awareness of the Internet of Things (IoT) and rising demand for data-driven decision support tools, are accelerating the adoption of BEMSs. As the cost of monitoring and control technology falls, BEMSs are becoming more cost-effective options for a...

Smart city technology market expected to be worth more than US$27.5 billion annually by 2023, says Navigant

Feb 13, 14:58

The smart city concept is a framing device for many of society's most important conversations about globalization, technology, and the environment, which is driving investment across a range of city services and infrastructure. As the supplier ecosystem for smart cities continues to expand, established...

Commercial combined heat and power system installations expected to total nearly 43,000 from 2015-2024, says Navigant

Feb 12, 16:08

The market for commercial combined heat and power (CHP) systems has achieved limited penetration into global building infrastructure, but growth is accelerating. Two primary motivations are driving the increased adoption of CHP today: the potential to conserve energy and to guarantee power supply to...

Worldwide revenues from utility distribution microgrids expected to exceed US$3 billion by 2023, says Navigant

Feb 11, 14:10

Major power outages caused by extreme weather, along with the spread of distributed, renewable energy resources, have set the stage for regulatory reforms that are likely to enable both customer-owned microgrids and utility distribution microgrids (UDMs) to expand strongly in the next decade. According...

Revenues from materials for advanced batteries expected to total more than US$132 billion from 2014-2023, says Navigant

Feb 6, 14:52

Since 1991, when the first mass-produced lithium ion (Li-ion) batteries emerged, the market for advanced batteries and shipments of materials used to manufacture them has steadily increased. Today, with growing demand for batteries in stationary, portable, and transportation applications, a variety...

Taiwan market: CityPower offers rental e-Bike, e-Motorbike services

Feb 3, 11:06

CityPower Taiwan has set up rental electric bicycles (e-Bike) and electric motorcycles (e-Motorbike) services with support of about 30 battery exchange stations in New Taipei City, northern Taiwan.

A battery exchange station set up by CityPower Taiwan

Smart grid communications and networking hardware to reach US$3.2 billion by 2020, says Navigant

Feb 2, 15:28

As grid operators deploy smart grid technology to create a greener, more efficient, and more reliable power system, communications networks are expanding rapidly and in new ways. With demand increasing, the market for smart grid networking and communications technology is being driven by a growing...

More Alternative energy coverage
Taiwan server shipment forecast and industry analysis, 2015
2015 global tablet demand forecast

28-May-2015 markets closed

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2015 global notebook demand forecast
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    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

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