The lithium ion market is expected to exceed $23 billion by 2026 thanks to the technology’s low cost, energy density, efficiency, and safety

A new Leaderboard Report from examines the strategy and execution of 10 lithium ion (Li-ion) battery manufacturers, with LG Chem and Samsung SDI ranked as the leading companies.

Rapid growth in markets that rely on Li-ion batteries has allowed suppliers to develop economies of scale through major investments in new manufacturing facilities, which are also driving down prices. With this, the global landscape of Li-ion manufacturers is becoming increasingly competitive as companies vie for market share, leveraging the technology’s benefits of low cost, energy density, efficiency, and safety. : According to a new Leaderboard report from , LG Chem and Samsung SDI are the leading manufacturers of Li-ion batteries.

“Leaders in this market have clearly differentiated themselves from the competition through exceptional product development and strong industry relationships with project developers, utilities, financiers/investors, and system component vendors,” says Ian McClenny, research analyst at Navigant Research. “We believe that these Leaders are poised to spearhead the charge for current and next-generation Li-ion batteries in the coming years.”

Navigant Research expects the Li-ion industry to reach $23.1 billion by 2026. Market growth is likely to be spread primarily among the regions of North America, Europe, and Asia Pacific, driven by regulatory changes and incentives before prices come down enough to compete with retail electricity rates, according to the report.

The report, , examines the strategy and execution of 10 leading Li-ion battery manufacturers that are active in the global market for Li-ion batteries for grid storage. These players are rated on 12 criteria: vision; go-to market strategy; partners; production strategy; technology; geographic reach; sales, marketing, and distribution; product performance; product quality and reliability; product portfolio; pricing; and staying power. Using Navigant Research’s proprietary Leaderboard methodology, vendors are profiled, rated, and ranked with the goal of providing industry participants with an objective assessment of these companies’ relative strengths and weaknesses in the global Li-ion batteries for grid storage market. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Navigant Research Leaderboard: Lithium Ion Batteries for Grid Storage, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: LG Chem and Samsung SDI Are the Leading...

As the electric grid becomes more diverse, a sophisticated system of sensing, measurement, condition monitoring, and asset management solutions must be deployed

A new report from analyzes the technologies and strategies capable of enhancing sensing and measurement for transmission and distribution (T&D) networks, providing global market forecasts for eight equipment categories, segmented by technology category and region, through 2026.

During the next decade, utilities worldwide will undertake significant investments in automation and monitoring solutions in substations, T&D lines, transformers, and more as they look to upgrade and replace aging infrastructure. Driven by increasing demands for distributed generation, such as wind and solar, and coupled with pressure from regulators and customers for enhanced grid intelligence, T&D sensing and measurement (TDSM) devices are likely to have a significant role in paving the way toward a more advanced, self-monitoring, and self-healing electric grid. : According to a new report from , global revenue for TDSM technology is expected to reach $4.8 billion by 2026.

“The power industry is in the early stages of a radical paradigm shift that will see the traditional one-way system of towers and lines connecting a power plant to an electric customer transform into a complex network characterized by bidirectional power flow, pervasive communications, and high levels of automation,” says Michael Hartnack, research analyst at Navigant Research. “As the grid becomes more diverse, a sophisticated system of sensing, measurement, condition monitoring, and asset management solutions must be deployed.”

According to the report, as the cost of sensors and connectivity falls, utilities are expected to deploy TDSM systems farther and faster than ever before. An advanced sensor, paired with real-time communications and analysis, provides a utility with vital system health information and tools for monitoring asset functionality, assessing safety risks, and preventing extended network interruptions.

The report, , examines the technologies and strategies being adopted to enhance sensing and measurement capabilities on T&D networks. The study provides an analysis of the market issues, including drivers and barriers, associated with TDSM solutions. Global market forecasts for eight TDSM equipment categories, segmented by technology category and region, extend through 2026. The report also examines the key technologies related to sensing and measurement hardware and software in the global T&D market, as well as the competitive landscape. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, T&D Sensing and Measurement Market Overview, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: Global Revenue for Sensing and Measurement...

Technology advancements and customer demand for increased data and building insight are expected to contribute to strong global market growth during the next decade

A new Leaderboard Report from examines the strategy and execution of 15 key influencers in the commercial building market for Internet of Things (IoT) lighting, with Philips Lighting, Acuity Brands, Eaton, and OSRAM ranked as the leading companies.

IoT lighting solutions bring connectivity to devices that were previously not connected and provide data (where data was not available) through the connection. The vendor ecosystem for this market is growing as additional company types, including those that do not manufacture their own luminaires, enter the market to focus on sensors and controls or platforms. : According to a new Leaderboard report from , Philips Lighting, Acuity Brands, Eaton, and OSRAM are the leading market influencers in the IoT for lighting sector.

“The Leaders within this report have separated themselves from the competition through a broad solution portfolio, strong partner relationships, and advanced technology development,” says Krystal Maxwell, research analyst at Navigant Research. “Contenders and Challengers in this market will need to improve in various ways, from expanding their solution offerings to increasing sales to differentiating themselves through unique features and applications.”

During the next decade, Navigant Research expects to see strong global growth for IoT lighting solutions thanks to technology advancements and customer demand for increased data and building insight. According to the report, the total global market for IoT lighting is expected to grow at a compound annual growth rate of 23.9 percent from $808.2 million in 2018 to $5.5 billion in 2027.

The report, , evaluates 15 vendors in the IoT lighting for commercial buildings market. These players are rated on nine criteria: vision; go-to market strategy; partners; technology; geographic reach; sales & marketing; solution performance; solution portfolio; and staying power. Using Navigant Research’s proprietary Leaderboard methodology, vendors are profiled, rated, and ranked with the goal of providing an objective assessment of their relative strengths and weaknesses in the market for IoT lighting solutions in commercial buildings. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, From Smart Grid to Neural Grid, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: Philips Lighting, Acuity Brands, Eaton, and...

» Climate Leadership Conference Navigant Research
February 28, 2018 6:00 pm to March 2, 2018 6:00 pm


Denver, Colorado

Matthew Banks, associate director at Navigant, will be in attendance. To schedule a meeting at this event, 

The annual brings together influential climate, energy, and sustainability professionals from around the globe to address climate change through policy, innovation, and business solutions. Join us for the 7th event to collaborate with an unparalleled group of experts and thought leaders, learn about cutting-edge carbon and energy practices, and navigate the climate policy landscape. for more information or to register.

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