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Australia and New Zealand HVAC Market key players by BIS Research
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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. Government regulations and standards are supporting the overall growth and development of the Australia and New Zealand HVAC market. The consumers are directly benefited from these regulations as these devices save electrical energy and cut down ... ...more
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ASEAN Smart Grid Market New Study Offers Insights for 2024
The electricity demand in these countries have also increased owing to the increasing population and urbanization. As a result, the ASEAN countries have started incorporating solar and wind energy sources in the energy mix. Moreover, these countries are dependent on distributed generation systems which are used as a source of power supply by injecting the surplus electricity to the grid during ... ...more
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HVAC-R Market Size In 2022 and Growth Insights to 2027 | Bis Research
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 growth in the global HVAC-R market is expected to be driven by increasing population and rapid urbanization, drastic change in weather conditions, and emerging innovation in HVAC-R.Read Report Overview: HVAC-R ... ...more
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Solid-State Transformer Market Growth 2025 - 2031 | Industry Trends
Many forces drive our society to improve the power grid infrastructure, such as a rise in demand for continuous and sustainable electricity, efficient power transmission and distribution, and an increase in investment in smart grids. To meet this requirement for improving power grid infrastructure, manufacturers of regular power transformers aim their products or develop their products to ... ...more
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IoT in Oil and Gas Industry is expected to grow by 2024 | BIS Research
Internet of Things (IoT), which integrates sensing, communication and analytics dimensions has shown improvement as the core technologies have enhanced. The possibility of IoT technologies in the oil and gas industry lies in helping the oil and gas companies create new asset information about the elements of their businesses.The three main advantages that the deployment of IoT in the oil and ... ...more
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Energy Management System Industry Stats from 2025 | BIS Research
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. The growth in the energy management system market is expected to be driven by the increasing demand for energy conservation and environmental safety, the evolution of smart grid, and favorable government policies and incentive ... ...more
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Smart Lighting Industry Latest Revenues | Bis Research
The increasing worldwide demand for energy is responsible for a rise in energy prices, tight energy supplies, and growing anxiety about climate change and related liabilities. The lighting segment consumes most of the electricity in residential, commercial, and industrial sectors. Lighting accounts for 15% of total electricity consumption and 5% of total greenhouse gas emissions worldwide. The ... ...more
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Enhanced Geothermal Systems Market Size Analysis, Business Scope by 2030
Geothermal energy is the thermal energy in the Earth's crust that originates from the formation of the planet and radioactive decay of materials in currently uncertain but possibly roughly equal proportions. A geothermal resource requires fluid, heat, and permeability to generate electricity:Fluid— Sufficient fluid must exist naturally or be pumped into the reservoir.Heat— The Earth's ... ...more
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Data Center Liquid Cooling Market Growth Prospects: 2026 | Size, Share, Trends
A data center is a building or property that houses storage servers, networking devices, and other important useful connectivity hardware. These buildings are hired as means to replicate what an on-premise computer system can do, which reduces the operational cost of consumers. With the growing demand for data processing along with the increase in usage of smart devices and internet ... ...more
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Carbon Neutral Data Center Market: Applications and Global Industries
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 growth in the carbon neutral data center market is expected to be driven by various government policies and environmental regulations especially which are aligned to reducing carbon emissions, for example, the International Climate ... ...more
