Smart metering industry will experience an estimated 41% increase in Europe and 89% in North America in the next five years. 6% of households in Europe and North America have smart metering currently, ReportBuyer says.
Power wheelchair markets in dollars at $756.5 mln in 2006 are expected to reach a little over $1 bln by 2013, Research and Markets says.
The total market for commercial solar cell production equipment will grow from revenues of $1.2 bln in 2006 to $4.5 bln in 2010, The Information Network says.
Micro fuel cells, estimated to be about a $12 mln market in 2006, will reach $112 mln by 2011, for an annual average growth rate of 55.7%, predicts Innovative Research and Products.
Global clean-energy markets are poised to quadruple in the next decade, growing from $55.4 bln in revenues in 2006 to more than $226.5 bln by 2016 for four benchmark technologies, according to Clean Edge. For the second year in a row, the global biofuels market was slightly larger than both solar and wind, reaching $20.5 bln in 2006 and projected to grow to more than $80 bln by 2016. Clean Edge projects solar photovoltaics (modules, system components, and installations) will grow from a $15.6 bln market in 2006 to $69.3 bln by 2016; wind power installations will expand from $17.9 bln in 2006 to $60.8 bln in 2016; and the markets for fuel cells and distributed hydrogen will grow from $1.4 bln in 2006 to $15.6 bln over the next decade.
Registrations of new hybrid vehicles in the United States increased 28% in 2006, but that was the second-smallest increase since 2000, and represented just 1.5% of new vehicle registrations, R.L. Polk & Co. reports.
ABI Research found that the total energy consumption arising from mobile broadband service delivery is forecast to grow from 42.8 bln kilowatt hours (KWh) in 2005 to 124.4 bln KWh in 2011. The Asia Pacific region will account for the majority of this growth.
Gartner says 50% of data centers will have insufficient power and cooling capacity by 2008. Traditionally the power required for non-IT equipment in the data center (for example, cooling, fans and pumps) represented about 60% of total annual energy consumption. As power requirements continue to grow, energy costs will emerge as the second highest operating cost in 70% of worldwide data center facilities by 2009. However, a flurry of innovation is under way that will converge during the next three years to substantially mitigate the power/cooling issue.
The market now offers the benefits of a number of different hybrid applications, some of which are still designed for reduced fuel consumption and emissions, while others offer enhanced performance or exclusive features such as AC power outlets. This adaptation to a wider market should see consumer hybrids’ market share in the United States rise from just 1.25% in 2005 to at least 6% in 2013, ABI Research says.
Investments in intelligent metering solutions in the European energy sector will total 3.5 bln euros until 2010, according to Berg Insight. About 35% of the 3.4 mln smart meters currently under contract in Sweden will be connected to mobile networks.