Energy Industry Analysis: What is on the Cards for the Energy Industry By 2020?

Nov 8, 2017

The energy industry will witness exponential growth due to the widespread use of technology and digitization. Curious to know what trends are shaping the future of the energy industry? Here is our energy industry analysis – Vision 2020.

Smart Batteries

From phones to watches, everything is getting smarter by the day, thanks to the growing implementation of digital technology. As the energy sector is looking at new and intelligent ways to improve its processes, the focus on implementing innovative methods of energy storage has increased. Extensive energy industry analysis done by our experts show that the falling price of batteries in the market has proved beneficial for the energy sector, this has made the players in the energy industry look at intelligent energy storage technologies for their companies. Energy providers have started using batteries to power the grid and are gradually refraining from building inefficient and expensive power plants.

to Technavio’s “Global Smart Solar Market 2016-2020” energy industry analysis report, the global solar market will grow steadily with an impressive CAGR of more than 15% by 2020. Request a free proposal to know more.

Energy Management Goes Digital

With smartphones ruling the world, energy managers now have powerful technologies at their disposal – quite literally! Our energy industry analysis for the year 2020 shows that the customers are expected to be more connected with their energy providers through their smartphones. This means that the residential and industrial customers can get multiple benefits, which include real-time self-diagnostics and alerts that will help in energy savings.

To know more about energy industry analysis, the trends impacting growth, and strategies to innovate – request more info.

We help our clients make smarter decisions to achieve rapid business growth

Our strength lies in the unrivaled diversity of our international market research teams, innovative research methodologies, and unique viewpoints that merge seamlessly to offer customized solutions for your every business requirement.

Recent Thoughts

Market Sizing – When is it most effective?

Market Sizing – When is it most effective?

Written By: Gaurav Sharma Overview Market Size of a product/service is necessary for every business. But why? It’s an indicator that can help you assess the profit potential of your business. You always want to be a step ahead of your competitor(s) when doing business...

read more


Our knowledge hub offers exclusive access to a collection of free resources and downloadable articles that provide insights into market developments and details on how our services can benefit your business.