The global data center liquid cooling market was valued at $2.79 billion in 2021, which is expected to grow with a CAGR of 27.67% and reach $11.84 billion by 2027.
The global sulfur-based battery market was valued at $517.4 million in 2021, which is expected to grow with a CAGR of 17.69% and reach $2,669.9 million by 2031.
The global data center cooling market accounted for $17.82 billion in 2021 and is expected to grow at a CAGR of 16.99% and reach $44.52 billion by 2027.
The global solid-state transformer market is expected to value $207.3 million in 2025 and is projected to reach $467.0 million in 2031, following a CAGR of 14.34% during the forecast period 2026-2031.
The global carbon neutral data center market was valued at $5.02 billion in 2021 and is projected to reach $16.53 billion in 2027, growing at a CAGR of 22.19% during the forecast period 2022-2027.
Need reports on an on-going basis? Do consider our annual subscription
The global HVAC-R market was valued at $193.6 billion in 2021 and is projected to reach $257.9 billion in 2027, following a CAGR of 5% during the forecast period 2022-2027.
The global immersion cooling market accounted for $251.0 million in 2021 and is expected to grow with a CAGR of 36.3% and reach $1,605.5 million by 2027.
The global enhanced geothermal system (EGS) market is expected to reach $1,354.2 million by 2030, growing with a CAGR of 4.4% during the forecast period 2021-2030.
The global data center liquid cooling market is expected to reach $7,723.6 million by 2026, with a CAGR of 27.31% during the forecast period 2021-2026.
The global smart lighting market generated revenue of $11,932.0 million in 2020 and is expected to reach to $34,500.0 million by 2025 at a CAGR of 23.1%.
The carbon neutral data center market is projected to grow from $3.46 billion in 2020 to $9.42 billion by 2025, at a CAGR of 22.17% from 2020 to 2025.
The global energy management system market is projected to grow from $10.55 billion in 2020 to $30.15 billion by 2025, at a CAGR of 23.37% from 2020 to 2025.
In 2019, the IoT in oil and gas market was valued at $16.19 billion and is expected to reach $43.48 billion by 2024, growing at a CAGR of 21.86% from 2019 to 2024.
The ASEAN smart grid market is projected to grow from $1,248.8 million in 2019 to $2,949.6 million by 2024, at a CAGR 18.76% from 2019 to 2024.
The Australia and New Zealand HVAC Market - Analysis and Forecast by BIS Research projects the market size is expected to reach $4.57 billion by 2024.
Global Artificial Intelligence (AI) in Energy Market is Anticipated to Reach $7.79 Billion by 2024.
The Blockchain in Energy Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 54.09% during the forecast period from 2019 to 2024.
The Global Internet of Energy Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 21.05% during the forecast period from 2019 to 2024.
The virtual power plant market is expected to reach $4,502.5 million by 2024.
The building energy management system market is projected to grow from $5.86 billion in 2018 to $12.72 billion by 2025, growing at a CAGR of 11.71% from 2018 to 2025.
The IoT in oil and gas market is projected to grow from $13.35 billion in the year 2018 to $39.40 billion by 2023, growing at a CAGR of 24.17% from 2018 to 2023.
The Asia-Pacific waste to energy market is projected to grow from $XX billion in the year 2018 to $13.66 billion by 2023, at a CAGR of XX% from 2018 to 2023.
The Europe waste to energy market is projected to grow from $XX billion in the year 2018 to $21.99 billion by 2023, at a CAGR of XX% from 2018 to 2023.
The global solar LED street lighting market is expected to grow at a CAGR of 16.5% in terms of volume and 13.2% in terms of value during the forecast period 2018-2024.
The global lighting as a service market is expected to grow at a CAGR of 40.8% in the forecast period 2018-2025.
The offshore wind energy market is projected to grow from $XX million in the year 2018 to $50,450.9 million by 2023, at a CAGR of XX% from 2018 to 2023.
The global HCL market is expected to grow with a CAGR of 37.2% and 35.2% in terms of volume and value, respectively during the forecast period 2018-2024.
The global HVAC market is estimated to witness growth at a CAGR of 4.5% and 2.6% over the period 2018-2024 in terms of volume and value, respectively.
The intelligent lighting controls market generated revenue of $1,792.8 million in 2017 and is expected to reach to $5,508.0 million by 2024.
The Asia Pacific microgrid market for energy generation and energy storage technologies is expected to reach a market size of approximately $22.5 billion by 2026.
The LED lights market has undergone significant transformation in the last couple of years. The Energy Independence and Security Act (EISA) passed in 2007 led to a major change in the lighting industry as it replaced the outdated inefficient lighting technology.
The market is expected to grow at a CAGR of 9.30% during the forecast period (2017-2023).
The global building energy management systems market is expected to reach $9.32 billion by 2023. The increasing demand for reduction in energy consumption and greenhouse gas emissions along with concerns over climatic changes are some of the factors driving the overall market growth for this industry.
Global IoT in O&G market is anticipated to grow to $30.57 billion by 2026. It is expected to be mainly driven by shortage of skilled labor, increasing number of cyber-attacks, aging infrastructure, and need to increase operational efficiency, which will act as key drivers for the growth of this market.
The Americas HVACR market volume is estimated to grow at a CAGR of 5.65% during the forecast period, 2017-2023. The demand for HVACR equipment in this region is witnessing an overall steady growth. The growth rate can be attributed to countries such as Brazil, Argentina and Mexico that have shown a huge increase in the demand.
Middle East HVACR market volume is expected to reach a volume of 6,490.83 thousand units by 2022. The demand for HVACR products in the Middle East market is mainly driven by factors such as rising population, developments in the residential markets, along with growing commercial and industrial units, among others.
The energy efficient devices market is expected to reach a market size of $908.49 billion by 2022. The increasing demand for reduction in energy consumption and greenhouse gas emissions along with concerns over climatic changes are some of the factors driving the overall market growth for this industry.
The growth of the APAC HVAC market is owing to various key factors such as growing urban population, increase in disposable income, and varying climatic conditions. The region experience extreme climatic conditions. South-East Asian countries such as Thailand and Malaysia are known for their wet and humid climates.
The global LED emergency lighting market is expected to grow at a significant rate during the forecast period. This is due to factors such as the integration of security industry with LED lighting, changing the paradigm of lighting industry to electronics & healthcare industry, and continuous advancement in upcoming product range.
The scope of this report is focused towards global heating, ventilation and air conditioning (HVAC) market. The study includes the analysis of HVAC products, in addition to the market study of the HVAC industry across different geographies.
The growth of the U.K.’s temperature control market is owed to various factors such as construction projects specially in London by both public and private sectors, various policy and regulatory laws pertaining to the areas of environmental concerns, increasing energy efficiency, usage of renewable sources of energy, rising prices of fuels and other raw materials, and the usage of low GWP refrig
The Australia and New Zealand HVAC markets have been covered by both value and volume. The market by value is growing at a CAGR of 9.82% from 2016 to 2022, while the market by volume is growing at a CAGR of 7.33% from 2016 to 2022 in which Australia is a dominant player.
High urbanization rate, decent economic growth, growth in constructional activities along with diverse climatic conditions will create demand for HVAC products. In terms of volume, the Turkey HVAC market will increase at a CAGR of 5.31% from 2016-2022.
According to the report titled ‘Middle East and Africa (including North Africa and South Africa) Heating, Ventilation and Air Conditioning (HVAC) Market- Forecast & Analysis, 2016 – 2022’, the market is expected to generate over $16.23 billion value by 2022.
The following points are key executive findings available in the report titled “North Africa HVAC Market, 2015-2022”. Heating, Ventilation and Air Conditioning (HVAC) is referred to as a type of technology which provides comfort in terms of temperature variation in applications such as residential, commercial, industrial and institutional, among others.
APAC air purifier market is expected to reach about $19.02 billion by the end of 2015 in terms of revenue. This is attributed to the increasing health hazards and air pollution caused in major countries in APAC. China, India, South Korea, Malaysia, Japan and Indonesia contributes to the rising demand owing to increasing air pollution, smog formation, yellow smog, grey air formed due to huge coal f
Renewable energy possesses a vast expanse of untapped market potential, and irrespective of its abundant availability, it is yet to achieve a wide scale adoption among both government and private bodies. The solar energy market (PV and solar thermal) has gained significant traction in the recent past, and is anticipated to attain almost 265GW and 568GWth of cumulative capacity by 2020 for solar PV
To create the energy security in the developing countries of Asia Pacific region, the abundantly available renewable energy resources are being widely adopted, in order to reduce reliance on the conventional sources of energy.
The scope of this report is focused towards global heating, ventilation and air conditioning (HVAC) market. The study includes the analysis of HVAC products, in addition to the market study of the HVAC industry across different geographies.
As global warming and other environmental concerns are increasing, the government bodies are attempting to regulate the manufacturing standards of the Heating, Ventilation and Air Conditioning (HVAC) units in the Middle East and Africa (MEA) region.
The AC market growth is propelled by increasing demand for the Air Conditioners in the commercial and residential applications, reduction of energy consumption and innovative solutions that have created a demand for the ACs.
The global data center liquid cooling market is expected to reach $7,723.6 million by 2026, with a CAGR of 27.31% during the forecast period 2021-2026.
The carbon neutral data center market is projected to grow from $3.46 billion in 2020 to $9.42 billion by 2025, at a CAGR of 22.17% from 2020 to 2025.
The LED lights market has undergone significant transformation in the last couple of years. The Energy Independence and Security Act (EISA) passed in 2007 led to a major change in the lighting industry as it replaced the outdated inefficient lighting technology.
The global building energy management systems market is expected to reach $9.32 billion by 2023. The increasing demand for reduction in energy consumption and greenhouse gas emissions along with concerns over climatic changes are some of the factors driving the overall market growth for this industry.
Global IoT in O&G market is anticipated to grow to $30.57 billion by 2026. It is expected to be mainly driven by shortage of skilled labor, increasing number of cyber-attacks, aging infrastructure, and need to increase operational efficiency, which will act as key drivers for the growth of this market.
The scope of this report is focused towards global heating, ventilation and air conditioning (HVAC) market. The study includes the analysis of HVAC products, in addition to the market study of the HVAC industry across different geographies.
BIS Research has estimated the industry to grow over $78 billion by 2022 at a CAGR of 11.7% through 2015-2022, with Asia Pacific leading the market.
The Australia and New Zealand HVAC markets have been covered by both value and volume. The market by value is growing at a CAGR of 9.82% from 2016 to 2022, while the market by volume is growing at a CAGR of 7.33% from 2016 to 2022 in which Australia is a dominant player.
APAC air purifier market is expected to reach about $19.02 billion by the end of 2015 in terms of revenue. This is attributed to the increasing health hazards and air pollution caused in major countries in APAC. China, India, South Korea, Malaysia, Japan and Indonesia contributes to the rising demand owing to increasing air pollution, smog formation, yellow smog, grey air formed due to huge coal f
A PHP Error was encountered
Severity: Warning
Message: Invalid argument supplied for foreach()
Filename: web/catdetailsnew.php
Line Number: 695
Energy & Power
Energy production is expected to reach its peak by mid-21st century since majority of natural resources such as coal, petroleum and gas are likely to reach near end levels. To compensate this, energy industry is transitioning towards technological advancement which include energy management services and digital technologies such as AI and IoT. These technologies are expected to support energy efficient and sustainable goals of the industry and increase efficient power distribution among consumers. Another transition that is putting a huge impact on the energy production and consumption is the shift from conventional and non-renewable energy sources to renewable energy sources.
BIS Research explores the overall energy and power industry by segregating it into 3 main segments. These are as shown in the figure below:
Building & Home Automation – Digital technologies are expected to develop connected homes. By combining edge computing and IoT, buildings, HVAC systems, and lighting systems (including street lighting) can now become smart in terms of energy efficiency, and remote maintenance. BIS Research focuses on providing market intelligence and key insights on such digital, energy efficient and automation technologies impacting the energy and power industry.
Clean & Renewable Energy – Renewable energy sources are in abundance for example hydro and solar energy. These resources can be efficiently harnessed to meet the increasing demand for energy. Almost every nation aims to become self-sustained and energy independent, renewable energy has the potential to cater increased demands as well as replace carbon intensive energy production practices. BIS Research understands the pursuit of sustainable energy production practices and is keen on providing insights and analysis on the entire renewable energy vertical.
Smart Energy – Energy in usable form has to be managed efficiently. This includes efficient generation, storage and distribution. Digital technologies allow energy utilities to smartly manage energy operations allows them to increase efficiency through data intelligence and remote control. Technologies such as AI ML, IOT, and digital twin along with data analytics and edge computing applications can improve energy supply and distribution operations. BIS Research focuses on providing key insights on these smarty energy initiatives and markets.
Hundreds of businesses from this industry have trusted BIS Research’s insight reports to make those important decisions and grow in the market. From a geographical perspective, we are witnessing early adoption of deep technologies in the Energy and Power market in the following countries: USA, Germany, Netherlands, Japan, Canada, Switzerland, UK, France, South Korea amongst many more.
Our customer base expands across several sections including small enterprises, medium-scale operations, Fortune 50 companies, as well as government organizations, venture capitalists and deemed universities.
The future of the energy and power industry is expected to be entirely technology-based, with autonomy and automation improving the efficiency of various activities. BIS Research is keeping a close watch on the latest market developments. In case you do not find a report of your choice in the list above, please feel free to contact us so that we can look at customizing one for you.
I would like to extend our appreciation for your support in finalizing the report according to our precise needs and prerequisites. I am also impressed by the timely completion of all aspects of dealing with us as your esteemed client. I look forward to continue our professional relations in the future.
Manager-Strategy & Business DevelopmentICL Industrial Products
“I found the content quite interesting and insightful. It has provided us with some important information”
Strategic Insights COE ManagerJapan Tobacco International
I appreciate the extra effort that team BIS took to cater to our specific requirements, moreover, their response time and adaptability is at par with my expectation.
CEO & ChairmanTEKNA Plasma Systems
“BIS research has been a great support to our strategic investigation in the field of thermoplastic composite. BIS did manage to bring together a clear picture on a global level, supported by examples and references and they delivered an accurate evaluation of the current market size and potential in the coming years in line with our expectations. I warmly recommend them.”
VPFuture Business and Innovation
Trusted by the world's largest business
