NEW YORK, April 14, 2015 /PRNewswire/ -- Oil Price Stays Below $60
Geopolitics, weaker economic growth, increased production and negative market sentiment, will keep oil prices at or below the $60-per-barrel mark in 2015.
New Clean Tech
A combination of legislative pressure and declining technology costs will see Clean Tech enjoy continued strong growth.
Resilience of Renewables
Renewable energy investment will remain strong, helped by lower technology costs, government-mandated targets and preferential grid access.
LED Lighting Goes Mainstream
Driven by enhanced controllability and energy efficiency, the revolution will continue and momentum will build throughout 2015.
X-as-a-Service Business Models
Following 5 years of enormous technology innovation, we are entering the era of business model innovation, and competitive landscapes will be transformed.
IoT Enables Smart Buildings
Ongoing convergence of operating technology (OT) with information technology (IT) is bringing the Internet of Things (IoT) to reality.
Growth of Gas
With low oil prices come low gas prices. This will herald a resurgence of gas-fired generation in Europe and also spur greater investments in gas assets.
Reshoring of industry from emerging markets to North America (and Europe) is expected to pick up speed, as gas prices will remain low for the foreseeable future.
Cities Get Smart by Plugging Leaks
Frost & Sullivan estimates the global smart water grid market to be around $9 billion in 2015, with double digit growth forecast to 2020.
Innovating for Society
This bottom-of-the-pyramid segment is being addressed with innovative technologies as well as being backed by social innovation initiatives.
Nuclear Rises in The East
Nuclear power will continue to be a key energy source, but the majority of the growth will be in the East.
Revival of Desalination
The economic recovery over the last couple of years and a steady flow of projects mean growth has returned to the global desalination market in 2015.
In 2014, the consumer Li-ion battery market was worth $ x billion, accounting for over half of the total Li-ion battery market.
Distributed is the New Centralised
The rise of the prosumer, advanced microgrids, and technologies that ensure flexibility in the grids will keep the momentum going for distributed generation.
Module-level Power Electronics
2015 will bring new opportunities for micro inverters and DC optimizers, interms of expansion into new applications and geographies.
Lower oil prices bring economic benefit to Europe, majority of Asia, and the United States
Although US shale producers are losing out, the US as a whole gains from cheaper oil, due to high domestic consumption. The Canadian oil-producing state of Alberta falls into recession, but Canada's manufacturers receive welcome relief.
Venezuela is in crisis, as its budget deficit balloons. Brazil and Argentina face challenges in getting offshore exploration projects off the ground.
Much of the North Sea's production is uneconomic, but the European economy gains.
Oil and gas contributes x % to Russia's budget and production from aging fields is slowing. Russia is in recession.
Japan and South Korea are totally dependent on imported energy. China benefits to a lesser extent as its domestic oil producers are hit.
Majority in the region are net importers; India, in particular, benefits; both it and Indonesia reduce subsidies.
Only a few states such as Jordan benefit. Saudi Arabia has huge assets reserves to rely on, but Iran is in a budget crisis.
Very diverse as several major countries, such as Nigeria and Angola, are badly affected, but the continent as a whole gains
Read the full report: http://www.reportlinker.com/p02841912-summary/view-report.html
ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - instantly, in one place.
Contact Clare: [email protected]
Intl: +1 339-368-6001