Input keywords to search for specific resources, services, or information.
Stay informed with our informative insights.
Europe has a 10% share in the global MV switchgear market with Germany as the market leader. According to Power Technology Research, increased penetration of renewables in the grid, especially in Western Europe, will drive the European MV switchgear market. The...
Majority of the switchgear demand in the North American region is generated by the United States accounting for 75% followed by Canada (15%) and Mexico (10%). As per the assessments carried out by the U.S. Department of Energy, power failures could cost as high as USD...
• The installed base of solar with storage is quite low in the majority of countries across the globe.• Majority of the energy storage systems installed in residential areas or commercial buildings in the U.S. are connected with solar PV systems.• Power Technology...
• The global market is observing an inflationary trend which is a direct consequence of spike in energy costs and disruptions in the supply chain. • The initial investment in BEVs is almost 3 times more than what is required to acquire an ICE vehicle. • Battery...
• According to Power Technology Research, USD 187 billion is expected to be invested into the distribution sector globally in 2021.• The distribution transformer market in the North American region will be driven by renewable capacity additions in the U.S....
To enable a smoother transition to clean energy and electrification of the transport sector, a robust battery supply chain is of the utmost importance. According to Benchmark Mineral Intelligence, China is constructing one giga factory per week while the U.S....
SF6 gas, which has a global warming potential roughly 25,200 times that of CO2, is still the most widely used insulating gas for switchgear applications. Siemens Energy and Mitsubishi Electric signed an MoU to carry out a feasibility study aimed at the development of...
According to Power Technology Research, the annual market share of Germany’s EVSE market is USD 219 million and is expected to grow with a CAGR of 21% from 2020-2026. Transportation constitutes 24% of the total emissions in Europe, the electrification of which will...
Wireless Charging is still in a budding phase; however, in the long run the EV charging industry will certainly be on an outlook for new innovative approaches to counter the challenges that will arise with EV charging at higher utilization across the globe. Countries...
Internal combustion engines (ICE) were a revolutionary invention that drastically changed the global transportation landscape. Through Toyota Prius, which was the first mass produced electric hybrid vehicle, electric vehicle (EV) technology was first introduced into...
According to Power Technology Research, Finland’s electricity generation installed capacity accounted for 15.16 GW in 2020. Wind and solar accounted for 2.58 and 0.25 GW of installed capacity respectively. Finland’s nuclear waste repository at Onkalo will cost...
4 million LCVs were sold in 2020 in the EU, accounting for 82% of commercial vehicle sales. As far as electrification trends in the bus market is concerned, Netherlands, Germany and UK are the leaders in the EU. According to UNFCCC, trucks, despite being only...