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While most European countries have begun electrifying their cities and states, Western European countries, particularly the UK, Germany, France, and the Netherlands, have been leading in this domain. Western Europe constitutes around 63% of all the chargers in Europe,...
The world is currently undergoing an energy transition, especially the advanced economies of Europe and North America, in the wake of climate change and the subsequent commitments made to tackle it at the regional and international level. The debate, however, is...
• While it is true that many targets and policies supporting the transition away from ICEs are coming out of Europe, the rate of electrification is certainly not homogenous across Europe, with Eastern Europe lagging behind.• An opportunity to accelerate EV adoption in...
The Middle East Distribution Transformer Market is driven by factors such as renewable energy additions, infrastructure development and network expansion. These three factors are predicted to instigate the demand for legacy grid equipment including distribution...
• The North American transformer market is dominated by large multinationals that offer an extensive range of products and benefit from the economies of scale.• Over the years, local manufacturers of large power transformers have been unable to meet the domestic...
• The world is in the middle of an energy transition and economies across the globe are looking for ways to curtail their emissions in order to meet their climate goals.• China has set a target of producing 100 metric tons of hydrogen by 2060; Japan has set a target...
North America’s LCV market has continued to experience steady growth in annual sales throughout the years. This increase is expected to multiply exponentially as multiple vehicle models, more particularly within the electric pickup truck segment, readily begin their...
Around 90,000 marine vessels carry out over 90% of the global trade through oceans. Ships, like all fossil fuel powered modes of transportation, emit carbon dioxide and, therefore, contribute considerably towards global emissions and climate change. More than 3% of...
• Fuel cell electric vehicles are much more efficient than internal combustion engine vehicles and are powered by hydrogen or methanol in some cases.• Japan has the world’s largest hydrogen refueling network, accounting for more than 154 refueling stations as of last...
The HVDC market has gained a lot traction due to the expansion of renewable energy resources across the globe. In the last decade, a significant growth in onshore renewables has been witnessed in North America. To evacuate this energy from generation centres, HVDC has...
A significant outcome of COP26 included countries not only reaffirming their pledge towards reduction of emissions but provision of financial support as well to cap average rise in global temperature to 1.5 degrees. Nearly all the advanced and major economies across...
• The installed base of distribution transformers in North America is one of the oldest in the world; the market is largely driven by replacements.• In terms of units, the North American distribution transformer market accounts for more than 30% of the installed base...