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The small commercial energy storage segment is expected to experience strong growth in regions where economics and policy provide incentives

A new report from examines the global market for small distributed energy storage systems (SDESSs), providing forecasts segmented by region, technology, and building type, through 2027.

As the market for commercial and industrial behind-the-meter distributed energy storage systems (DESSs) continues to mature, participants are seeing a steady decrease in installed costs, along with a variety of other market drivers. For SDESSs (systems 250 kW or less in size) in particular, savings in the form of tariffs and demand charge reduction, as well as policies favoring energy storage, are pushing the market forward in three main regions. : According to a new report from , North America, Western Europe, and Asia Pacific are expected to account for almost 90 percent of cumulative SDESS capacity between 2018 and 2027.

“The benefits of an onsite energy storage system are often lost on small commercial customers, and educating these customers to deploy SDESSs can be a challenging endeavor,” says William Tokash, senior research analyst with Navigant Research. “But vendors are using creative financing mechanisms such as equipment leases and revenue sharing models, coupled with local incentives, to make storage a more realistic option in the small commercial segment.”

During the next decade, energy storage prices are expected to continue a steady decline, while retail electricity rates and supplemental charges are projected to increase and become more common. Combined, these forces are expected to drive large growth in the SDESS market for the next 10 years, however, deployments are still likely to be confined to specific markets where economics and policy are favorable.

The report, , analyzes the global market for SDESSs that are 250 kW or less in size. The study provides an overview of the market developments, drivers, and barriers that are likely to influence the growth of SDESSs. Global market forecasts, segmented by region, technology, and building type, extend through 2027. The report also examines the regional policy trends and business models related to the small commercial energy storage space. An Executive Summary of the report is available for free download on the .

Contact: Stefanie Bradtner

+49.221.270.70.142

* The information contained in this press release concerning the report, Market Data: Small Commercial Energy 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: North America, Western Europe, and Asia Pacific...

New integrated smart home and distributed energy resources solutions are expected to revolutionize the way people interact with their homes and the Energy Cloud

A new report from examines the evolution occurring in technology and customer-focused solutions for residential utility customers, analyzing how traditional business models are being disrupted.

As the grid evolves into a cleaner, more distributed, and intelligent infrastructure, incumbent utilities are looking to deliver new customer-focused products and services. For some customers, developing a different relationship with their existing utility could provide the best solutions for their needs, while for others, the best option might be working directly with a new technology market entrant. : According to a new report from , new solutions-based business models and technology providers are expected to transform the residential utility market.

“The confluence of new distributed energy resources (DER) and smart home technology has created smarter, greener, and more resilient energy options for residential utility customers,” says William Tokash, senior research analyst with Navigant Research. “These new solutions will revolutionize the way people interact with their homes while also extending the role that residential DER can play in the Energy Cloud.”

For utilities, solutions-based business models that rely on technology platforms offer new opportunities with the potential to scale faster and yield greater profit margins. For non-utility technology disruptors, the integration of smart home and home energy technology coupled with the rise of big data analytics offers opportunities to meet changing customer needs and the potential to partner with utilities for success.

The report, , examines the evolution occurring in technology and customer-focused solutions for residential utility customers. The study analyzes DER, mobility, community energy, and smart home/home energy technology trends that are creating the need for new residential utility customer solutions. It also discusses how traditional utility models for residential customers are being impacted, as well as the new customer segments and business models arising from these trends. An Executive Summary of the report is available for free download on the .

Contact: Stefanie Bradtner

+49.221.270.70.142

* The information contained in this press release concerning the report, Maximizing the Residential Energy Customer Experience with Emerging Solutions, 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: New Solutions-Based Business Models Are...

The diverse horticulture market offers incumbents, startups, and universities opportunities to collaborate on scalable solutions

A new report from examines the global market potential for horticultural lighting, with a focus on light-emitting diodes (LEDs), providing forecasts for lamps and luminaires, segmented by horticulture type, building type, technology type, and region, through 2027.

By offering greater energy efficiency and better crop yields, improvements in LED technology are providing growers larger profits as well as other benefits. Leveraging a growing indoor farming market, today’s lighting manufacturers are providing tunable solutions of LEDs that support plants during different stages of the grow cycle, allowing farmers to monitor every known influence on the crop’s well-being, and encouraging further adoption. : According to a new report from , global luminaire revenue for horticultural applications is expected to reach $3.8 billion by 2027.

“Market growth in horticultural LED applications has helped lower installation costs for luminaires, driving further adoption for LED technology,” says Courtney Marshall, research analyst with Navigant Research. “This feedback loop between more affordable prices and greater adoption rates has created a market environment marked by innovation and experimentation as vendors look to upgrade their offerings with quality research.”

While the industry’s lack of an existing one-size-fits-all approach can be a market challenge, it also presents an opportunity for collaboration among incumbents, startups, and universities to provide customers with proven and scalable lighting offerings. According to the report, by taking advantage of the academic space to conduct controlled experiments, vendors can increase credibility and may also discover successful lighting applications that could speak to an audience as diverse as the horticultural market.

The report, , analyzes the global market potential for horticultural lighting, with a focus on LEDs. The study provides an analysis of the market issues, including drivers and barriers, associated with lighting for horticultural applications. Global market forecasts for lamps and luminaires, segmented by horticulture type, building type, technology type, and region, extend through 2027. The report also examines regional LED horticulture market highlights, 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, LED Lighting for Horticultural Applications, 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 Luminaire Revenue for Horticultural...

Strong market growth is expected in Eastern Europe, Latin America, and the Middle East & Africa

A new report from analyzes the global market for major utility billing/customer information systems (CISs), customer relationship management (CRM) systems, and customer operations analytics, providing market forecasts, segmented by region, application, and segment, through 2027.

While legacy CISs have performed as cash registers for the utility industry, there is increasing pressure to upgrade these vital systems to perform additional functions. At many utilities, current CISs are out of date and in need of upgrades to meet the requirements of more demanding consumers and engaged regulators.  : According to a new report from , global revenue for CIS/CRM and customer analytics is expected to total $61.1 billion over the next decade.

“Billing and CIS solutions are some of the most complicated and expensive IT applications needed by utilities,” says Michael Kelly, research analyst at Navigant Research. “To keep up with the demand for upgraded systems, vendors are responding with increased development of customer management solutions and should expect strong adoption over the forecast period.”

According to the report, increasing investment is expected across Eastern Europe, Latin America, and the Middle East & Africa. In North America and Western Europe, improvements to upgrade older systems are being driven by customer demands for more engagement, integration with mobile devices, and opportunities for increased reliability.

The report, , analyzes the global market for major utility customer management systems: CISs and CRM, as well as customer operations analytics. The study provides an analysis of the market issues, including definitions, drivers, and barriers, associated with customer management solutions. Global market forecasts, segmented by region, application, and segment, extend through 2027. The report also examines the key global market trends related to utility CIS, CRM, and customer analytics solutions. 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, Market Data: Utility Customer Information and Relationship Management Systems, 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: The Global Market for Utility Customer...

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