Vestas again led all turbine vendors in terms of order capacity between January and June

A new report from Navigant Research tracks all publicly announced wind turbine orders between January and June 2017, providing details on orders placed by region, country, and vendor, as well as a breakdown of the vendor market of the top countries.

During the last year, several shake ups have rattled the global wind turbine industry, including Nordex’s acquisition of Acciona and the merger of Siemens and Gamesa. Additionally, a change from a feed-in tariff structure to a competitive bidding process in India led to market uncertainty, causing a decrease of almost two gigawatts (GW) in turbine order capacity. Click to tweet: According to a new report from @NavigantRSRCH, global wind turbine orders announced in the first half of 2017 reached 11.6 GW, representing a decline from 14.7 GW of orders in the second half of 2016 and 13.4 GW in the first half of 2016.

“Despite this year’s decrease in order capacity, the average turbine rating continues to grow, with many of the top turbine vendors having weight average ratings near 3 megawatts (MW) or higher. Total wind farm sizes are also increasing” says Adam Wilson, research analyst with Navigant Research.

According to the report, Vestas once again led all turbine vendors during the first half of 2017, with 4.3 GW of turbine orders between January and June 2017.  Regionally, Asia Pacific led wind turbine order capacity with 2.8 MW signed in the first half of the year.

The report, Wind Turbine Order Tracker 4Q17, tracks all publicly announced wind turbine orders between January and June 2017 (1H 2017). The report contains analysis of orders placed by region, country, and vendors, as well as a breakdown of the vendor market of the top countries. Note that this report excludes orders for the Chinese market due to the opaque state of order reporting in that market. Analyses of turbine technologies such as rotor diameter, turbine rating, and specific power are also presented, and the offshore wind market is compared against the onshore wind market. An Executive Summary of the report is available for free download on the Navigant Research website.

Contact: Lindsay Funicello-Paul

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* The information contained in this press release concerning the report, Wind Turbine Order Tracker 4Q17, 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.

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Improvements in technologies, new business models, regulatory and market conditions are expected to drive the energy storage market forward

A new report from Navigant Research tracks global energy storage projects, providing data on the country, region, market segment, capacity, status, technology vendor, systems integrator, applications, funding, investment, and key milestones of each effort.

Energy storage, once considered a complementary addition to renewable energy projects, has now shifted to a standalone solution that provides customers and system owners with valuable flexibility and profitability. In addition, thanks to advanced battery energy storage systems, projects are being deployed in the shortest timelines in the history of the industry. Click to tweet: According to a new report from @NavigantRSRCH, worldwide, more than 1,700 energy storage projects exist.

“The global energy storage industry is poised to continue to grow quickly over the next several years, especially in emerging economies,” says Ian McClenny, research analyst with Navigant Research. “With emerging infrastructure becoming increasingly integrated, dynamic, and complex, flexible resources like storage will provide added value to existing and new power generating assets.”

Navigant Research anticipates that energy storage will increasingly become a practical option to costly grid and substation upgrades to meet changes in load, according to the report. Additionally, improvements in energy storage technologies, regional regulatory and market drivers, and new business models are all expected to drive the market forward.

The report, Energy Storage Tracker 3Q17, provides a comprehensive resource of global energy storage projects. The Tracker includes a database of 1,712 projects and tracks the country, region, market segment, capacity, status, technology vendor, systems integrator, applications, funding, investment, and key milestones of each project. In addition, the report includes an analysis of the technology choice within each major region for energy storage, analysis of the leading regions for energy storage capacity and projects, and market share analysis for technology vendors for deployed projects and projects in the pipeline. An Executive Summary of the report is available for free download on the Navigant Research website.

Contact: Lindsay Funicello-Paul

+1.781.270.8456

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* The information contained in this press release concerning the report, Energy Storage Tracker 3Q17, 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: Navigant Research’s Energy Storage Tracker...

Networked lighting controls and easy-to-use sensors are driving the evolution from intelligent lighting control systems to Internet of Things lighting systems

A new report from Navigant Research examines the global market for Internet of Things (IoT) lighting solutions within commercial buildings, providing use cases, case studies, and forecasts for revenue, through 2026.

IoT lighting solutions bring connectivity to devices that were previously not connected, can provide data through the connection, and allow devices within or outside of lighting systems to communicate. Opportunities for energy and operational cost savings, occupant health and well-being, and insights from data analytics are driving this market forward. Click to tweet: According to a new report from @NavigantRSRCH, global market revenue for IoT lighting is expected to grow from $651.1 million in 2017 to $4.5 billion in 2026.

“Data generation has increased due to the continual growth of connected devices,” says Krystal Maxwell, research analyst at Navigant Research. “The level of granular data produced from an IoT lighting system can be utilized by other building systems and provide greater insight into the building as a whole, making lighting an ideal entrance for IoT in commercial buildings.”

With the aid of networked lighting controls and easy-to-use sensors, the evolution from intelligent lighting control systems to IoT lighting systems is accelerating, according to the report. While lighting controls were originally designed for dimming or daylighting, they have evolved to also assist with space utilization, conference room management, increased employee productivity, and improved operational efficiency through the removal of labor required by facility managers or other building personnel.

The report, IoT for Lighting, analyzes the global market for IoT lighting solutions, including hardware, software, and services, within commercial buildings. The study examines use cases and provides case studies highlighting IoT lighting solutions in select building types. Global market forecasts for revenue, segmented by offering type, building type, and region, extend through 2026. The report also analyzes market issues, including key drivers and barriers for IoT lighting solutions in commercial buildings, as well as prevalent and emerging communication protocols for IoT lighting systems. An Executive Summary of the report is available for free download on the Navigant Research website.

Contact: Lindsay Funicello-Paul

+1.781.270.8456

This email address is being protected from spambots. You need JavaScript enabled to view it.

* The information contained in this press release concerning the report, IoT for Lighting, 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 Market Revenue for Internet of Things...

Industrial Internet of Things strategies can help lower operational costs and drive new revenue streams

A new report from Navigant Research analyzes the industrial Internet of Things (IIoT) market, providing global forecasts, segmented by region and sector, through 2027.

IIoT, part of the overall IoT megatrend, provides businesses of all shapes and sizes the opportunity to leverage technology platforms that can drive growth, lower costs, improve margins, and develop new revenue streams. Through enhanced predictive and preventive maintenance capabilities, IIoT platforms enable more efficient use of energy as the software makes intelligent adjustments regarding energy consumption, while data from sensors yields enhanced insights on optimized equipment maintenance. Click to tweet: According to a new report from @NavigantRSRCH, combined cumulative global revenue for IIoT devices, software, and services is expected to total more than $1 trillion between 2017 and 2027.

“We are starting to see more and more companies across the spectrum adopt IIoT strategies, deploying hardware and software platforms to help lower operational spend, and to serve as a competitive differentiator that can help them sell products and services at lower costs,” says Neil Strother, principal research analyst with Navigant Research. “IIoT technologies also support a broad digital transformation initiative within a business, enabling it to offer customers enhanced services and improved experiences.”

Initially, IIoT solutions can appear overwhelming to managers unsure how to harness the array of hardware, software, and service choices, according to the report. Though there are bumps along the way in these types of deployments at this relatively early market stage, companies are starting to see their investments translate into real benefits.

The report, Industrial Internet of Things, examines the emerging global IIoT market and provides practical guidelines regarding how companies can implement IIoT hardware, software, and services. The study analyzes the key market drivers and inhibitors, technologies, and regulatory frameworks related to IIoT. Global market forecasts, segmented by region and sector, extend through 2027. The report also examines regional IIoT trends, select vendor solutions, and IIoT case studies in eight industry sectors. An Executive Summary of the report is available for free download on the Navigant Research website.

Contact: Lindsay Funicello-Paul

+1.781.270.8456

This email address is being protected from spambots. You need JavaScript enabled to view it.

* The information contained in this press release concerning the report, Industrial Internet of Things, 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 Industrial Internet of Things...

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