PTR Insights
Solid-State Batteries – An Alternate to Conventional Batteries?
This infographic provides a comparative analysis on solid-state batteries vs conventional lithium batteries used in energy storage. It also depicts the key companies involved in its R&D and development.[ba_advanced_divider active_element="text" title="Energy...
Electricity Prices and Their Impact on Shore Power Development in the North Sea Region
This infographic presents a summary of the relationship between electricity tariffs and the shore power market potential in the North Sea region. The infographic depicts an overview of electricity prices in the region and the key countries actively working on the...
European MV Switchgear Market Accounts for 10% of the Global MV Switchgear Market
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...
USA is the Biggest Market for Outdoor Switchgear in the World
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...
Solar with Storage on the Rise in the U.S.
• 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...
HVDC Technology to Become a Key Enabler in Americas Shift Towards Clean Energy
Historically, the Americas region has been lagging with respect to other key HVDC markets such as Europe and China. However, there are several HVDC projects in the pipeline in this region. The infographic below shows the planned HVDC projects (capacity) in the region...
The Price of Electrification – Analyzing Global Fuel Costs and EV Adoption
• 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...
Namaste EVs: Studying India’s Electrification of Buses
India is one of the largest growing economies in the world with a wide variety of industry segments established in the country. Due to its fast-paced economic progress, various regions in India are being converted into business hubs, consequently inducing drastic...
Decommissioning of Conventional Power Plants Driving the FACTS Market
• The EU Commission has set an ambitious target for EU countries to increase their share of renewable energy to 40% of final consumption by 2030.• In the U.S., Minnesota Power has announced a target of providing 100% carbon free electricity to its consumers by 2050...
Global Distribution Transformer Landscape
• 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....
Battery Supply Chain: China Leads But What About Other Countries?
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....
Major Movements in SF6 HV Switchgear Sector Moving Forward
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...
GE Establishing Itself as a Market Leader in the HV SF6-free Switchgear Market
This infographic provides an overview of the global HV SF6-free switchgear market with a special focus on General Electric who is one of the major players within this realm. Additionally, all the latest HV switchgear projects won by General Electric worldwide have...
Germany’s EVSE Market is in Full Momentum
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...
Shore Power Footprint in the North American Market
The infographic presents a summary of the Shore Power market in North America up until 2021 depicting the facility distribution on the continent. [ba_advanced_divider active_element="text" title="Shore to Ship Service Overview" border_style_classic="solid"...
Is Wireless EV Charging the Future?
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...
Key Drivers of Australian Energy Storage Market
This infographic provides an overview of the Australian energy storage market and depicts popular policies and incentives instated by the individual states that have fostered the growth of residential and commercial ESS over the past few years.[ba_advanced_divider...
Uptake of Hydrogen Fuel-Cells in Medium and Heavy-Duty Trucks
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...
Overview of VSC & LCC Market (2016-2020)
With a global increase in energy demand, there is an apparent trend shift in the power grid with emphasis on decarbonization and digitization. Consequently, we see the growth of intermittent distributed energy resources. This trend shift is causing HVDC to become one...
EVSE Companies Going Public in a Quest for Greater Market Share
Germany has a set target of 1 million public chargers by 2030. France has set a target of 100,000 public chargers by the end of 2021. Meanwhile, the US has set a target of 500,000 public chargers by 2030. To meet these targets, sizable investments are required and,...
American Buses and the Crisis of Non-Market Economy Supplier
The Biden administration is currently pursuing a strategy driven by subsidies and tax exemptions with over $182 million grants being awarded to transit agency projects to procure electrified buses. USD $7.5 billion has been earmarked exclusively for the construction...
Growth of the Power Transformer Market in Turkey
This infographic includes information on the installed base of Power Transformers in Turkey in 2020. It also illustrates the growth of the power transformer market from 2016-2020 with voltage segmentation of the total power transformer units.[ba_advanced_divider...
GCC HV Switchgear Market : Enough Spare Capacity Despite Facilities Shutdown
As of 2020, the HV switchgear market of GCC countries accounts for 5% of the global HV switchgear market in terms of revenue. In GCC’s HV switchgear market, Saudi Arabia holds the largest market share which accounted for 40% of the region’s total revenue in 2020....
Slow-Paced and Unbalanced EVSE Growth in Canada.
Charging infrastructure deployment in Canada is picking up again after a slow-paced 2020. Rebates and grants provided by the government and local utilities have resulted in significant expansion of national and provincial networks. However, with electric vehicles...
GCC MV Switchgear Market to Grow Despite Production Shutdown
GCC’s MV switchgear market accounts for 6% of the global MV switchgear market in terms of revenue. Peak demand of switchgear in the GCC region is anticipated to be in 2023 when the procurement for the Neom City and Red Sea projects starts in 2023. There will be just...
The Current Landscape of MV Switchgear Market in GCC
This infographic includes information on the 2020 annual market (in terms of revenue) of medium voltage switchgear in the GCC region along with an analysis of the supply side of this market. It also illustrates how the revenue is split between different key...
Finland’s Success with Nuclear Repository to Affect Energy Mix in Countries
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...
Commercial Vehicle Electrification to Drive Down Emissions in EU & UK
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...
Winners in the Shift to Clean Transportation Race
Unlike many other businesses, 2020 was beneficial for the Electric Vehicle Supply Equipment (EVSE) industry. The number of new charge points grew 32% YoY. The percentage growth varied across different countries depending on the incentives, grants and funding offered....
India’s Emerging Energy Storage Market
• In 2021, the cumulative renewable installed capacity for India, excluding large hydro projects, surpassed the milestone of 100 GW.• India announced an enhanced target of installing 450 GW of renewables by 2030.• India would require a CAGR of around 18% to achieve...