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.
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.
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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.
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 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 microgrid market for energy generation and energy storage technologies is expected to reach a market size of approximately $22.5 billion by 2026.
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 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.
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.
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Smart Energy
Transforming appliances into smart appliances and making them energy efficient is all part of the smart energy process. The use of technologies and procedures also the infrastructure involved in appliances or plants energy efficient are also covered under smart energy. For instance, the titles published by BIS Research including smart grids, virtual power plants, and energy management system, among others are all a part of smart energy industry. Further, the study of smart energy also involves the analysis factors affecting the growth of the market and the different segments that are studied.
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