Advanced Energy Market Research Report, Size , Growth, Trends, Opportunity Analysis, Industry Forecast - 2023-2027

Published: Oct 2023 Pages: 161 SKU: IRTNTR75575

Advanced Energy Market Forecast 2023-2027

The advanced energy market size is forecast to increase by USD 41.09 billion, at a CAGR of 4.96% between 2022 and 2027. 

The growth of the market depends on several factors, including increasing investments in clean energy technologies, innovations in advanced energy technologies, and growing government support for advanced energy. It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Advanced Energy Market During the Forecast Period?

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Key Drivers, Trends, Challenges, and Customer Landscape

The increasing investments in clean energy technologies are notably driving the market growth, although factors such as growing demand for lack of standardization market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The increasing investments in clean energy technologies are notably driving the market growth. Nearly half of the electricity consumed is provided to commercial and residential buildings across the U.S. One of the main electricity users is the residential sector. Similarly, in Europe, a large part of electricity is consumed for heating purposes in the residential sector. The construction industry is adopting multiple efficiency measures, including improved designs and materials that promote a healthy and productive environment, minimize the issues associated with GHG emissions, and reduce fossil fuel-based consumption. The concept of ZEBs is an efficient technology where the building generates its own power from renewable sources. To prevent leaks of heating and cooling, ZEBs are built and equipped with the use of specific materials like well-insulated building structures in order to ensure that construction efficiency is increased.

however, To generate the power required by buildings, renewable sources such as solar PVs, fuel cells, and energy storage technologies are used. The power required by buildings is generated using low-carbon energy systems, and the interior design mechanism of the building supports reducing the amount of power consumed. The major advantages of ZEBs are on-site renewable energy production and efficiency.  To achieve a cleaner and greener future, ZEBs are using synergies between these two factors to produce emissions less energy. Therefore, these ZEBs help level the peak energy demand by providing clean energy back to the grid. The use of solar PV will increase as more ZEBs become available, which is forecast to fuel the market growth over the coming years.

Significant Market Trends

The emergence of zero-energy buildings is a primary trend in the market. The residential sector is one of the major consumers of electricity. Similarly, in Europe, a large portion of the electricity is consumed for heating purposes in the residential sector.  Several efficiency measures shall be implemented by the construction sector, e.g. improved designs and materials promoting health and productivity in an environmentally secure way, minimizing problems linked to greenhouse gas emissions, and reducing fossil fuel-based consumption.  The concept of ZEBs is an energy-efficient technology in which the building obtains its energy using renewables.

The power needed by the buildings is generated from renewable sources such as solar PV, fuel cells, and energy storage technologies. Low-carbon energy systems are being used for power generation in buildings, and the structure's interior design mechanism is supporting a reduction of electricity consumption. Moreover, with the assistance of legislation and directives from governments, ZEB concepts are being put into practice in some countries. The increased adoption of ZEBs will proliferate the use of solar PV systems, which is expected to drive the growth of the market during the forecast period.

Major Market Challenge

The lack of standardization is the major challenge faced by the market.  As a result of the lack of standardization within the grid system, there is an increased gap between power systems' interoperability. A wide range of advanced systems and technologies, such as storage that is embedded in the main server, are part of smart grids. The deployment of systems that are interoperable has not yet been completed by utilities. Thus, the implementation of security standards within diverse networking systems is a serious challenge faced by utilities. Authorities can resolve this complexity by enforcing standardized security practices, which can be applied to utilities.

There are technologies that promise various levels of performance, security, cost, and development by adhering to different standards, such as the standards developing organizations, industry user group standards, and proprietary standards.  The resulting divergence in standards results in a significant mismatch of system compatibilities that constitutes an obstacle to the deployment of advanced technology, thereby affecting the smooth and secure functioning of the Energy System. Thus, a lack of standardization is expected to hinder the growth of the market during the forecast period.

Key Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Market Players?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ABB Ltd. - The company offers advanced energy solutions for electrical energy through power plants.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • BYD Co. Ltd.
  • Electricite de France SA
  • EOS Energy Enterprises Inc.
  • General Electric Co.
  • Hitachi Ltd.
  • INEOS Group Holdings SA
  • LG Chem Ltd.
  • LyondellBasell Industries Holdings B.V.
  • NEC Corp.
  • Panasonic Holdings Corp.
  • S and C Electric Co.
  • Samsung SDI Co. Ltd.
  • Schneider Electric SE
  • Sensata Technologies Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Market?

The market share growth by the On-grid segment will be significant during the forecast period. The global market by application can be segmented into various categories, one of which is the on-grid segment. The advancement of on-grid technologies will primarily focus on coordination between Renewable Energy, efficient energy use, and the Smart Grid. The major driver for the growth of the on-grid segment is the growing adoption of the smart grid and the integration of various clean energy such as solar and wind and technologies, including storage systems.

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The On-grid segment shows a gradual increase in the market share of USD 89.56 billion in 2017 and continue to grow by 2021. The growth rate of the on-grid segment has been driven by lower costs for solar PV plants and high levels of Government support, which have made it more feasible to install solar PV systems in a public utility or residential sector. On-grid installation in the residential sector is also expected to drive the growth of the segment during the forecast period. 

Which are the Key Regions for the Market?

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APAC is estimated to contribute 28% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The region held the major share of the market in 2022. The market in APAC will grow significantly during the forecast period. In 2020, the major leading countries in the region were China, Japan, India, Australia, and South Korea. The major growth of the market in APAC is due to financial incentive programs such as subsidies in China, India, and other countries in the region.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides a market research and growth analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Billion, 2017 - 2027)
    • On-grid
    • Off-grid
  • End-user Outlook (USD Billion, 2017 - 2027)
    • Residential
    • Non-residential
  • Region Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • Asia
      • Brazil
      • Argentina
      • Chili 

Market Analyst Overview

The market is witnessing substantial growth, driven by the increasing focus on renewable infrastructure and sustainable practices. Wind turbine manufacturing, a key component, contributes significantly to the electricity generation sector, complemented by solar energy, wind energy, hydropower, and biofuels. The demand for electric vehicles further propels the need for clean energy sources, emphasizing the importance of building efficiency and power efficiency.

The electricity delivery management sector plays a crucial role in optimizing power distribution, while demand response strategies enhance overall grid efficiency.  A comprehensive Porter's Five Forces analysis identifies key players and stakeholders shaping the market landscape. As building construction evolves to incorporate renewable infrastructure, the market growth strategies emphasize innovation and collaboration among industry participants. With a focus on water and transportation efficiency, the market aims to drive sustainable practices and address the global demand for cleaner and more efficient energy solutions.

Advanced Energy Market Scope

Report Coverage

Details

Page number

161

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.96%

Market growth 2023-2027

USD 41.09 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

4.47

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 28%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., BYD Co. Ltd., Electricite de France SA, EOS Energy Enterprises Inc., General Electric Co., Hitachi Ltd., INEOS Group Holdings SA, LG Chem Ltd., LyondellBasell Industries Holdings B.V., NEC Corp., Panasonic Holdings Corp., S and C Electric Co., Samsung SDI Co. Ltd., Schneider Electric SE, Sensata Technologies Inc., Tesla Inc., The AES Corp., Toshiba Corp., TotalEnergies SE, and UCAP Power Inc.

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across APAC, Europe, North America, South America, and the Middle East and Africa
  • Through market growth and forecasting analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market growth analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global advanced energy market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global advanced energy market 2017 - 2021 ($ billion)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 On-grid - Market size and forecast 2022-2027
      • Exhibit 34: Chart on On-grid - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on On-grid - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on On-grid - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on On-grid - Year-over-year growth 2022-2027 (%)
    • 6.4 Off-grid - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Off-grid - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Off-grid - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Off-grid - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Off-grid - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 46: Chart on Comparison by End-user
      • Exhibit 47: Data Table on Comparison by End-user
    • 7.3 Residential - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Residential - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Data Table on Residential - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 50: Chart on Residential - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Residential - Year-over-year growth 2022-2027 (%)
    • 7.4 Non-residential - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Non-residential - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Data Table on Non-residential - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 54: Chart on Non-residential - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Non-residential - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by End-user
      • Exhibit 56: Market opportunity by End-user ($ billion)
      • Exhibit 57: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 France - Market size and forecast 2022-2027
      • Exhibit 95: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ billion)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 111: ABB Ltd. - Overview
              • Exhibit 112: ABB Ltd. - Business segments
              • Exhibit 113: ABB Ltd. - Key offerings
              • Exhibit 114: ABB Ltd. - Segment focus
            • 12.4 Electricite de France SA
              • Exhibit 115: Electricite de France SA - Overview
              • Exhibit 116: Electricite de France SA - Business segments
              • Exhibit 117: Electricite de France SA - Key news
              • Exhibit 118: Electricite de France SA - Key offerings
              • Exhibit 119: Electricite de France SA - Segment focus
            • 12.5 EOS Energy Enterprises Inc.
              • Exhibit 120: EOS Energy Enterprises Inc. - Overview
              • Exhibit 121: EOS Energy Enterprises Inc. - Product / Service
              • Exhibit 122: EOS Energy Enterprises Inc. - Key offerings
            • 12.6 General Electric Co.
              • Exhibit 123: General Electric Co. - Overview
              • Exhibit 124: General Electric Co. - Business segments
              • Exhibit 125: General Electric Co. - Key news
              • Exhibit 126: General Electric Co. - Key offerings
              • Exhibit 127: General Electric Co. - Segment focus
            • 12.7 INEOS Group Holdings SA
              • Exhibit 128: INEOS Group Holdings SA - Overview
              • Exhibit 129: INEOS Group Holdings SA - Business segments
              • Exhibit 130: INEOS Group Holdings SA - Key news
              • Exhibit 131: INEOS Group Holdings SA - Key offerings
              • Exhibit 132: INEOS Group Holdings SA - Segment focus
            • 12.8 LG Chem Ltd.
              • Exhibit 133: LG Chem Ltd. - Overview
              • Exhibit 134: LG Chem Ltd. - Business segments
              • Exhibit 135: LG Chem Ltd. - Key news
              • Exhibit 136: LG Chem Ltd. - Key offerings
              • Exhibit 137: LG Chem Ltd. - Segment focus
            • 12.9 LyondellBasell Industries Holdings B.V.
              • Exhibit 138: LyondellBasell Industries Holdings B.V. - Overview
              • Exhibit 139: LyondellBasell Industries Holdings B.V. - Business segments
              • Exhibit 140: LyondellBasell Industries Holdings B.V. - Key offerings
              • Exhibit 141: LyondellBasell Industries Holdings B.V. - Segment focus
            • 12.10 NEC Corp.
              • Exhibit 142: NEC Corp. - Overview
              • Exhibit 143: NEC Corp. - Business segments
              • Exhibit 144: NEC Corp. - Key news
              • Exhibit 145: NEC Corp. - Key offerings
              • Exhibit 146: NEC Corp. - Segment focus
            • 12.11 S and C Electric Co.
              • Exhibit 147: S and C Electric Co. - Overview
              • Exhibit 148: S and C Electric Co. - Product / Service
              • Exhibit 149: S and C Electric Co. - Key offerings
            • 12.12 Schneider Electric SE
              • Exhibit 150: Schneider Electric SE - Overview
              • Exhibit 151: Schneider Electric SE - Business segments
              • Exhibit 152: Schneider Electric SE - Key news
              • Exhibit 153: Schneider Electric SE - Key offerings
              • Exhibit 154: Schneider Electric SE - Segment focus
            • 12.13 Sensata Technologies Inc.
              • Exhibit 155: Sensata Technologies Inc. - Overview
              • Exhibit 156: Sensata Technologies Inc. - Business segments
              • Exhibit 157: Sensata Technologies Inc. - Key news
              • Exhibit 158: Sensata Technologies Inc. - Key offerings
              • Exhibit 159: Sensata Technologies Inc. - Segment focus
            • 12.14 Tesla Inc.
              • Exhibit 160: Tesla Inc. - Overview
              • Exhibit 161: Tesla Inc. - Business segments
              • Exhibit 162: Tesla Inc. - Key news
              • Exhibit 163: Tesla Inc. - Key offerings
              • Exhibit 164: Tesla Inc. - Segment focus
            • 12.15 The AES Corp.
              • Exhibit 165: The AES Corp. - Overview
              • Exhibit 166: The AES Corp. - Business segments
              • Exhibit 167: The AES Corp. - Key offerings
              • Exhibit 168: The AES Corp. - Segment focus
            • 12.16 TotalEnergies SE
              • Exhibit 169: TotalEnergies SE - Overview
              • Exhibit 170: TotalEnergies SE - Business segments
              • Exhibit 171: TotalEnergies SE - Key news
              • Exhibit 172: TotalEnergies SE - Key offerings
              • Exhibit 173: TotalEnergies SE - Segment focus
            • 12.17 UCAP Power Inc.
              • Exhibit 174: UCAP Power Inc. - Overview
              • Exhibit 175: UCAP Power Inc. - Product / Service
              • Exhibit 176: UCAP Power Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 177: Inclusions checklist
                • Exhibit 178: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 179: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 180: Research methodology
                • Exhibit 181: Validation techniques employed for market sizing
                • Exhibit 182: Information sources
              • 13.5 List of abbreviations
                • Exhibit 183: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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