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Global supply chains will continue to be disrupted in 2022, resulting in delays in the commissioning of new power & energy projects, with the booming wind and solar PV sectors worst affected. Jonathan Robinson, Director, Power & Energy . Lucrecia Gomez, Director, Power & Energy. billion by 2030.
Radiation-cured adhesives leverage ultraviolet (UV), infrared, or electron beams for fast curing, energy efficiency, and versatility across applications. Similarly, many proactive industry players are entering collaborations to improve their standing in the ecosystem.
The lithium-ion battery materials ecosystem is becoming increasingly competitive as manufacturers race to meet the growing demand for electric cars and energy storage systems. The imperative to increase battery energy density without escalating costs. The ongoing pursuit of enhanced battery safety.
To learn more, please access: Growth Opportunities in the BaaS Market, 2024-2030 and Growth Opportunities for Electric Vehicle Battery Salvaging in Europe and the United States, 2024-2030 , or contact sathyanarayanak@frost.com for information on a private briefing.
Our research projects global diesel penetration in the heavy-duty trucking industry to reduce to almost 60% from current levels of 93% by 2030. Department of Energy to develop “highly efficient hydrogen fuel cells capable of powering heavy-duty machinery.” Step Towards Developing a Favorable Hydrogen Ecosystem.
The theme for World Environment Day – 5 th June 2021 is ecosystem restoration and the day will also celebrate the launch of the United Nations Decade on Ecosystem Restoration 2021-2030. The recently published International Energy Agency (IEA) report titled Net Zero by 2050 estimated the total CO2 emissions in 2020 to be 33.9
billion in revenue by 2030 from $8.15 China will remain the largest market in terms of revenue potential for digital grid solutions through 2030. As a result, the market is likely to garner $9.21 billion in 2020, an uptick at a moderate compound annual growth rate of 1.2%.
The Renault, Nissan Motor Co, and Mitsubishi Motors Corp Alliance recently revealed their 2030 roadmap anchored in a shared vision of sustainability, electrification, and intelligent and connected mobility. The scale and scope of the 2030 roadmap is massive. It’s bold but is it enough? Five Common Platforms, 35 New EV Models.
Indeed, I believe many veteran attendees of IAA auto shows would agree with me when I say that this year’s IAA was akin to attending a conference on energy transitions and software & computational technology. Frost & Sullivan expects Battery Electric vehicles (BEVs) to account for 30% of Global Light Vehicle sales by 2030.
In addition, they can achieve their sustainability and zero-carbon emission goals by saving energy during production hours. Venkatesan added: “Additionally, the manufacturing industry will increasingly rely upon an ecosystem of technology experts, system integrators, and service enablers to achieve agility and customization.
The global fuel cell trucks market is estimated to register 142,858 unit sales by 2030 , with China accounting for 63.9% Regional governments and energy departments are encouraging fuel cell truck adoption through incentives, tax credits and funding. of total global sales. They also are availing demonstration project scenarios.
The oil and natural gas industry plays a pivotal role in the global economy, providing over 56% of the worlds energy supply, according to the International Energy Agency (IEA). Today, the ecosystem is experiencing significant transformations driven by technological innovations, environmental concerns, and geopolitical shifts.
million tons of lithium inferred resources by the Geological Survey of India (GSI) could be just the catalyst India needs to accelerate its green energy program. Lithium is seen as a critical resource in the transition to green energy alternatives. Energy security is a priority for countries the world over.
million by 2030, with all major automakers aggressively expanding their EV portfolios in the quest for zero emissions. A Booming eMobility Aftermarket is Expected Emerge by 2030. However, Frost & Sullivan estimates this will expand to 32 GWh of retired battery capacity by 2030. GWh due to low BEV sales in the early 2010s.
MSPs are at the forefront of the continuously evolving IoT ecosystem, seizing the opportunity to expand their service portfolios and meet the growing demand for managed IoT solutions. For example, IoT devices can be used to track the movement of assets, monitor equipment performance , and optimize energy consumption.
NEXTDC is strongly aligned with the growing environmental concerns of the Australian data center services ecosystem and its ever-evolving consumer demands. The company expects to achieve 100% renewable energy operations by 2030. For this reason, NEXTDC maintains a zero-waste program to achieve 100% carbon-neutral operations.
Experts pegged the market to be worth €250 billion by 2030. The need to find reuse, recycle and remanufacturing solutions gain urgency when one realizes that over 1 TWh of installed batteries will need to be recycled by 2030. Product remanufacturing, design and inspection were identified as crucial to the development of the ecosystem.
Beyond 2030, AR and VR will merge, allowing users access to the total reality-virtuality continuum. Its ability to connect 1 million devices for every square kilometer will make 5G the backbone for UI devices and overall connected ecosystems.”. Retail, automotive, healthcare, manufacturing, energy and smart cities will benefit.
Ecosystem participants are recognizing the importance of strategic collaboration between automakers and charge point operators (CPOs). Frost & Sullivan’s recent electric vehicle webinar series delved into the fascinating topic – How Can Ecosystem Players Deploy Robust Charging Infrastructure to Drive the Shift to Zero-Emission Fleets?
Ecosystem participants are recognizing the importance of strategic collaboration between automakers and charge point operators (CPOs). Frost & Sullivan’s recent electric vehicle webinar series delved into the fascinating topic – How Can Ecosystem Players Deploy Robust Charging Infrastructure to Drive the Shift to Zero-Emission Fleets?
Ecosystem participants are recognizing the importance of strategic collaboration between automakers and charge point operators (CPOs). Frost & Sullivan’s recent electric vehicle webinar series delved into the fascinating topic – How Can Ecosystem Players Deploy Robust Charging Infrastructure to Drive the Shift to Zero-Emission Fleets?
Surging investments target 200,000 fuel cell electric vehicle (FCEV) units by 2030. Infrastructure investments in hydrogen refueling stations, proactive government support in the form of subsidies, incentives, tax credits, and progressive regulatory policy are fast-tracking the development of the nascent hydrogen ecosystem.
The US Department of Energy predicts a five to ten-fold increase in global electric vehicle (EV) battery demand by 2030. Their appeal lies in their high energy density, light weight, better thermal stability, and cost-effectiveness. Prototypes are in the development stage, with mass production likely from 2026 onwards.
Long-term growth prospects to be stimulated by advanced data analytics, electrification, automation/robotics, autonomous trucks together with novel waste-to-energy solutions. The third trend that will shape dynamics in the global refuse hauler market is innovative waste-to-energy solutions.
The recent rise in energy prices has bolstered Saudi Arabia’s growth as heightened oil revenues boost domestic purchasing power. The redistribution of state profits earned with oil and gas exports through energy product subsidies is helping to better insulate the economy from inflationary pressures.
The global push towards decarbonizing transport, efforts at realizing affordable production, and a fast-evolving ecosystem are poised to open up exciting growth opportunities for hydrogen powered, fuel cell electric vehicles (FCEVs) in the passenger vehicles segment. million FCEVs and 1200 HRS by 2040.
It detailed a vision that encompassed “an entire hydrogen energyecosystem” over the long-term and commercialization of green hydrogen production technologies over the shorter term. Turkish car manufacturer, Togg, showcased its new sedan model T10F, and targets a delivery of one million units to Europe by 2030.
Considerable planning and execution are required to simultaneously develop a complete ecosystem around EVs, which India is currently lacking. This means that manufacturers first want to bring in realistic solutions (hybrids) that work for the energy transition. The supply of electricity isn’t consistent in many parts of India.
Furthermore, the following are spurring transformative change in the global semiconductor ecosystem: The rise of wide bandgap (WBG) semiconductors is accelerating due to the increased use of electric vehicles (EVs), which demand more efficient and high-performance power semiconductors.
By 2030, the electronic content in vehicles is expected to increase two-fold, highlighting the urgent need for the automotive industry to adopt circular economy practices driven by the principles of Reduce, Reuse, Recycle, and Remanufacture. Remanufacturing is crucial in reducing the industry’s carbon footprint.
By 2030, the electronic content in vehicles is expected to increase two-fold, highlighting the urgent need for the automotive industry to adopt circular economy practices driven by the principles of Reduce, Reuse, Recycle, and Remanufacture. Remanufacturing is crucial in reducing the industry’s carbon footprint.
By 2030, the electronic content in vehicles is expected to increase two-fold, highlighting the urgent need for the automotive industry to adopt circular economy practices driven by the principles of Reduce, Reuse, Recycle, and Remanufacture. Remanufacturing is crucial in reducing the industry’s carbon footprint.
It empowers utilities to develop real-time pattern recognition of energy delivery with great accuracy and reliability. It generates insightful data to enable consumers to optimize energy usage and control their energy bills and carbon footprint, facilitating a perfect synergy between the utilities and its end consumers.
Policy initiatives to strengthen electric vehicle (EV) ecosystem align with US government’s focus on clean transport and domestic manufacturing expansion. Another important initiative from the Department of Energy (DoE) will see an investment of $7.4 Collaboration across the ecosystem will be crucial.
The company fully complies with international best practices in data center security and environmental sustainability, pledging carbon-neutral data center operations by 2030. Today, the company is on track to meet its sustainability goals, and in 2020, its first data center was awarded the Leadership in Energy and Environmental Design Gold v.4
The 6P Framework for the Future of the Sustainability and Circular Economy – More with Less Policies: The Beginning of Carbon Markets In 2015, the United Nations’ Sustainable Development Goals (SDGs) brought the international community together and laid out a series of objectives to be achieved by 2030.
Its pursuit, whether in the form of vehicle electrification or circular economy practices, is driving change across the entire ecosystem. Goodyear has set itself the objective of creating tires with 100% sustainable materials by 2030. Sustainability is at the heart of disruptive transformation across the automotive industry.
Early glimpses of a hydrogen fuel cell electric vehicle ecosystem taking shape. Focused expansion of charging and refuelling infrastructure, improved production and distribution, and enhanced government support will be critical to fast-tracking the creation of an enabling ecosystem.
Plastics, packaging, polymers, coatings, adhesives, films, sealants, lubricants, and elastomers — the materials ecosystem is vast! In the automotive ecosystem, the demand for specialized coatings, adhesives, and sealants that meet electric vehicle (EV)-specific requirements — such as thermal, electrical, and fire protection — is surging.
To further increase its offering and address new customer demands, STT GDC plans to decarbonize its data center operations by leveraging carbon-free energy. For this reason, the company is leveraging emerging technologies, such as clean hydrogen and artificial intelligence, to enhance data center operations and optimize energy consumption.
As India sets out to achieve its objective of net zero by 2070, ₹35,000 crores has been allotted to priority capital investments to accelerate low carbon energy transition and improve energy security. This will boost EV ecosystem development, domestic capacity expansion, and cost competitiveness.
To learn more, please see: Strategic Analysis of Battery Chemistries in Electric Two-wheelers and Growth Opportunities , Growth Opportunities for Electric Vehicle Battery Salvaging in Europe and the United States, 2024 to 2030 , or contact sathyanarayanak@frost.com for information on a private briefing.
The recent Global EV Outlook 2024 report brought out by the intergovernmental International Energy Agency (IEA) projects electric vehicles (EVs) to account for around 20% of total vehicle sales globally this year. Ecosystem partnerships will be crucial to developing the EV market.
The EV Charging Infrastructure Virtual Conference was organized by MetaTech, which was a virtual conference comprising participants from EVSE space, energy companies, academicians, and consulting companies. Activities in debt raise, equity raise, M&A, and securing energy for a portfolio of chargers are on the rise.
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