The global Wind Energy Foundation Market is likely to grow at a robust CAGR in the forecast period. Wind energy foundation is a turbine base that supports the wind energy structure against harsh environments. Hence, the foundation must be capable of supporting hydrodynamic loads along with aerodynamic loads.

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The wind energy foundation market is driven by increase in demand for renewable energy sources since the market witnessed a higher traction in the past due to rise in number of energy installations. Rise in the number of market entrants and strategic alliances between key players are likely to add to the market growth during the forecast period. Significant demand from manufacturers with enhanced capacities in order to augment the power production is likely to account for a robust market growth during the forecast period. A rise in the number of offshore installations is likely to trigger the market growth.

Location segment for wind energy foundation market includes offshore and onshore. Offshore is further categorised as jacket-pile, mono-pile, tripod and suction. Onshore is further segmented as well foundation, pile and raft. Geographical segment for wind energy foundation market comprises North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions accounted for a significant market share in the near future owing to strong inclination of market players towards renewable sources of energy. The region is subject to witness rapid expansion in energy sector that will further boost industrial growth.

European market is a high traction market due to preference for clean sources of wind energy. Rise in need for electricity generation and energy developments are likely to replace the conventional sources of energy in the near future. The key players in the wind energy foundation industry include Ramboll Group, Owec Tower, MT Hojgaard, A/S Suzlon Group, SWAY AS, Blue H Engineering BV and Offshore Wind Power Systems.

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Market Segment:

Site Location outlook (Revenue, USD Million, 2013 - 2024)
    • Onshore
        • Mono-Pile
        • Jacket-Pile
        • Gravity
        • Suction
        • Tripod
    • Offshore
        • Raft
        • Pile
        • Well Foundation
        • Others

Regional Outlook (Revenue, USD Million, 2013 - 2024)
    • North America
        • U.S.
    • Europe
        • Germany
        • UK
        • France
    • Asia Pacific
        • China
        • India
        • Japan
    • Latin America
        • Brazil
    • Middle East & Africa (MEA)

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The global Flywheel Energy Storage Market is anticipated to reach USD 477.8 million during the forecast period. Energy storage systems (ESS) enables a means of enhancing the competency level of electrical systems in cases of imbalance between demand and supply. Fundamentally, they are the vital elements to enhance the permanence and quality in electrical networks. Flywheels have a high life, durability and augmented efficiency and readily stores loads of energies when aligned with storage banks. Commercially, with the rise in issues pertaining to energy crisis, flywheel energy storages have gained a positive traction.

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The flywheel energy storage market is driven by rising industrialization and inclination towards eco-friendly sources of energy. Flywheel offers excellent properties such as low costs for maintenance and is an eco-friendly alternative. Rising demand for uninterrupted power supply and backup supplies is likely to boost up the market growth in the forecast period. Surge in demands for efficient energy supplies from the automotive industry is likely to pump the market growth during the forecast period.

Application segment for flywheel energy storage market includes distributed energy generation, transport, data centers and UPS. Geographical segmentation flywheel energy storage market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific market is likely to gain a significant CAGR in the forecast period owing to rise in population, significant investments and advances in the grid infrastructure in developing countries.

North American and European markets are likely to gain a significant CAGR in the forthcoming period due to the presence of manufacturing unit and setups. Significant investments and advances in the grid infrastructure in these regions is likely to propel the market growth in the forecast period. Middle East and African countries account for a remarkable market share owing to rise in product design and technological advances.

The key players mentioned in the flywheel energy storage industry include EnSync Energy, Beacon Power, Vycon Energy, Active Powder, Temporal Power Ltd, Pentadyne Power Corporation, and Kinetech Power Company.

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Market Segment:

Application Outlook (Capacity, KW; Revenue, USD Thousand, 2013 - 2024)
    • UPS
    • Distributed Energy Generation
    • Transport
    • Data Centers
    • Others

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The Distributed Energy Generation (DEG) Market global size is expected to value at USD 573.7 billion by 2025. The market is subject to witness a substantial growth due to numerous environmental advantages, and high efficiency in comparison with the conventional power generation systems. The distributed energy generation (DEG) diminishes the need for constructing a transmission capacity, allowing reduction in the line cost. Additionally, lower operational cost associated with the use of the distributed energy generation (DEG) in comparison with the traditional systems is propelling the growth of the distributed energy generation (DEG) industry in recent years.

Similarly, with recent advancements in the distributed energy generation methodologies like that of floating solar photovoltaic are expected to positively influence the distributed energy generation (DEG) market. The reduction in the cost of solar photovoltaics due to numerous government initiatives and subsidies are spiraling the demand of distributed energy generation (DEG) systems. Globally, the distributed energy generation (DEG) market is predicted to grow at CAGR of 15.0% in forecast period, providing numerous opportunity for industry players to invest for research and development in the DEG industry.

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The generation of electricity with the help of distributed renewable systems offers lower initial cost, reduced operational and maintenance cost along with reduction in the per unit cost of electricity. Such advantages help consumers to adopt distributed energy generation (DEG) system over conventional energy system. The use of distributed energy generation (DEG) provide numerous environmental benefits in regards to the renewable energy generation. Furthermore, growing awareness regarding to the importance of clean energy resources is spurring growth of the industry in the forecast period. Adoption of renewable energy reduces generation of greenhouse gas emissions. DEG systems are fairly inexpensive in comparison with the traditional electricity generation systems. These factors are playing a key role for the expansion of the distributed energy generation (DEG) industry over the forecast period.

Typically, power generation plants require large area and centralized processing units. With the development of latest trend involving distributed systems, allows decentralization of energy generation system. In distributed energy generation (DEG) systems, various energy conversion units are located near energy consumers, as large units are replaced by small capacity units. A distributed energy generation system is a highly efficient, dependable and environment-friendly. Applications of the distributed energy generation (DEG) systems are commonly found in small hydro power plants, biomass power plants solar PV systems, wind turbines, and geothermal power units. These systems play a key role in the electric power distribution as well. Distributed generation systems is commonly referred as multiple power sources feeding on the single loads at multiple locations, or standalone and isolated power units located at the point of use.

Benefits associated with the use of the distributed energy generation (DEG) are reduction in the transmission and distribution losses due to convenient placement and enhanced loading capabilities. The adoption of distributed energy generation (DEG) systems allows generation of electricity from waste products or renewable resources such as bio-mass or bio-gas, which is considered as ideal replacement for fossil fuels. The distributed energy generation (DEG) does not require additional circuitry and uses existing single or three phase generation.

The distributed energy generation (DEG) industry is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise adoption of latest technologies and existence well-established infrastructure. Asia-Pacific region is predicted to hold major market share in the distributed energy generation (DEG) market with massive growth in forecast period.

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Countries such as India and China leading the Asia-Pacific market with growing requirement of micro-grids and significant investment by leading industry players due to numerous potential opportunities in the region. The key players in the distributed energy generation (DEG) industry are Capstone Turbine Co., General Electric Inc., Vestas Wind Systems, Siemens Co., and Caterpillar Power Plants.

Market Segment:

Distributed Energy Generation (DEG) Technology Outlook (Volume, Megawatts; Revenue, USD Million, 2014 - 2025)
• Wind Turbine
• Reciprocating Engines
• Fuel Cells
• Solar Photovoltaic
• Gas & Steam Turbines

Distributed Energy Generation (DEG) Application Outlook (Volume, Megawatts; Revenue, USD Million, 2014 - 2025)
• Residential
• Commercial & Industrial

Distributed Energy Generation (DEG) Regional Outlook (Volume, Megawatts; Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Europe
• Germany
• Italy
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East & Africa

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Global Wave and Tidal Energy Market is expected to reach USD 3.9 billion by 2025 as the scope, product types and its applications are increasing across the globe. Wave energy implies to the energy of the ocean surface waves, which is captured for desalination, the pumping of water into reservoirs and electricity generation. It is considered to be the most promising green technologies, and Wave and Tidal Energy generate the most intense source of renewable energy. Oceans are an endless source of clean energy. Wave and tidal energy market is expected to grow at a CAGR of 42.5% in the upcoming period.

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As such, connecting tidal and wave energy from the ocean surfaces is the most supportive source of energy. Economies across the globe are inclined toward usage of these forms of renewable energy as these offer a continuous and stable source of clean energy. Abundance of ocean surface and energy generation volume in numerous countries has helped governments to follow ocean energy generation as a significant source of renewable energy in years to come.

Moreover, the wave and tidal energy is witnessing maximum demand due to rise in development of the initiatives across countries, which results in reduction of price with respect to electricity. Furthermore, increase in funds and new rules by local governments helps the skill inventors for fast commercialization of their energy converters. On the other hand, the factors such as environmental and socio-economic barriers and high cost are expected to hamper the growth of the market over the forthcoming period.

Wave and Tidal Energy Market may be explored by type, technology, end users, and geography. Wave and Tidal Energy may be explored by type as Wave Power plants, and Tidal Power Plants. The “Tidal Power Plants” of Wave and Tidal Energy is the dominant type of the market in 2016, The conversion of kinetic energy into electricity is mainly done with the help of “Tidal Stream”. As compared to Wave Power plants, the Tidal Power Plants may have higher R&D investments.

Wave and Tidal Energy may be explored by Technology as Pendulor Device, Tidal Stream Generator, Barrage, Oscillating Water Columns, and Others (Lagoon and Turbine). Wave and Tidal Energy may be explored by end users as Residential, Industrial, and Commercial. Asia-Pacific has been at the forefront with regards to wave and tidal energy industry and will continue to rule the roost in the years to come. The Asia Pacific accounted for the major share of 39% of the global volume in 2016. The region is estimated to continue to be the foremost user over the forthcoming period due to increase in the environmental rules, public funding programs, competition, and government policies are expected to facilitate the growth of market in this region.

Asia-Pacific is looked upon as the most attractive and major market for Wave and Tidal Energy all over the world. Significant development of the accessibility of incomes, awareness amongst the population, economy, and growth in open test places are estimated to drive the market throughout the upcoming period. Asia-Pacific is followed by the North America.

Some of the key players that fuel the growth of the wave and tidal energy market include S.D.E. Energy Ltd. (WERPO Wave Energy), Carnegie Wave Energy Ltd., Tenax Energy, Ocean Power Technologies, Inc., Atlantis Resources Ltd., AquaGen Technologies, Pelamis Wave Power Ltd., Ocean Renewable Power Company LLC, Aquamarine Power Ltd, and Marine Current Turbines Ltd. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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The global waste to energy (WtE) market size was USD 25.0 billion in 2015 and is expected to reach USD 43.96 billion by 2024. Market is expected to witness a steady growth on account of increasing waste generation activities. Waste to energy (WtE) technologies consists of waste management to produce electricity or transport fuel. This technology finds the application on various types of unwanted materials including semi-solid, liquid and gaseous waste.

The most popular application is municipal solid waste (MSW) processing followed by industrial remains. The main drivers expected to impact overall market growth includes increasing waste generation activities by industries coupled with high energy costs. Restricted land filling and growing environmental issues are also expected to further enhance global industry demand over the forecast period. WtE is expected to solve the environmental problems related to waste by reducing the volume and decreasing the greenhouse gas emissions.

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Moreover, government initiatives especially by European governments have significantly contributed to the regional WtE industry growth in the recent years. Economic development, industrialisation, and public habits have given rise to the generation of tremendous left overs and, therefore, driving the overall market.

As of 2015, more than 50% of the global population live in urban areas and, therefore, accelerating municipal solid waste accumulation. Garbage has been a worrying cause for local governing bodies mainly in developing areas. Favourable government policies coupled with financial aid are expected to positively influence the industry in near future. Government institutions have been supporting the growth by giving relaxation on taxes as well as providing incentives.

Further, growing recycling industry in developed markets including the U.S., Japan, and Germany is expected to significantly contribute the overall growth. Some companies have in-house established WtE as a part of their corporate social responsibility. General Motors and Detroit Renewable energy collaborated to establish an energy project which converts approximately one million tons annually. The project provides around 15.8 megawatts of renewable energy to General Motors.

A study by world bank in 2012 found out that global MSW is approximately 1.3 billion tonnes per year with high percentage share belonging North America and Asia Pacific. These MSW contain paper, organics, plastics, metals, and glasses. WtE technologies are capable of converting these wastes into various valuable energy forms. Local and national grid systems can be used to distribute power generated from these wastes. Heat can be generated and transported for district heating and thermodynamic purposes. Some biofuels variants can be obtained from organic wastes and sold in markets after refining. High costs associated with WtE establishment is expected to act as a barrier for global market over the forecast period.

Initial investment costs play a crucial role on account of large facility size and installed components. Maintenance and operational costs have a lower impact on the total expenses. Cost effective traditional dumping method which include landfill sites creation is expected to hamper the rapid growth over the forecast period.

A standard incineration unit is capable of processing 10300 tons of waste per day. It costs around USD 30 million to USD 180 million to construct such a unit while a traditional landfill costs around USD 5 million to USD 10 million. Latest technologies use provides great opportunities to the global industry. Recent trends show most common technique used is incineration process. Earlier this market was dominated by public sector organisations. Looking at the industry growth, many private players have entered the global market. Segmentation is based on technology type used which include thermo-chemical, bio-chemical and chemical conversion.

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The thermo-chemical process is a technique in which energy content from sources is extracted using thermal treatment of high temperatures. Bio-chemical conversion deals with energy extraction from sources using bio-decomposition. Chemical conversion deals with various chemicals usage for obtaining bio fuels. North America dominated the market in terms of overall demand and is expected to maintain its position over the forecast period on account of increasing lifestyle and rise in urban areas.

The European market is expected to show a high growth on account of European Union initiatives to reduce the number of landfills by implementing WtE. Regional demand is followed by Asia Pacific and is expected to develop at the highest rate over the forecast period on account of increasing population and better-living standard. Consumer awareness coupled with rising environmental concerns are expected to significant contribute towards regional industry growth in the future. South America and Africa are expected to witness a slow growth on account of lack of technology and implementation of waste eradication traditional methods.

Key players in the global market include C&G Environmental Protection Holdings Ltd, Foster Wheeler A.G., Waste Management Inc., Veolia Environment, Suez Environment S.A., The Babcock & Wilcox Co and KEPPEL SEGHERS. It is observed that players operating in this industry are conglomerates with diverse business operations. The advantage of big players in raising the necessary finances are their capability to show patience in case of earning early profits.

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