Infiniti Research Identifies Market Opportunities for Technological Innovation in the Energy Sector

LONDON–(BUSINESS WIRE)–#CleanEnergy–The energy sector is one of the most versatile industries and is continuously
witnessing technological innovation backed by huge demand from
emerging markets. With the introduction of a few unique sources of
energy, demand has reached significant levels but Infiniti
Research notes various factors which are innovating, may also
disrupting the energy sector.

View the study: https://www.infinitiresearch.com/thoughts/whats-changing-the-face-of-the-global-energy-sector

Environment

Being one of the major contributors to pollution and GHG emissions, it
is only natural for the environment to play a disruptive role in the
energy sector. Due to strict rules and regulations being levied by the
government, there is a growing need for technological advancement in the
field which will reduce the production and effects of harmful air
getting released. Conventional energy like fossil fuels are still
dominating the market, but the market
for renewable energy has also shown a significant
increase. The growing demand for renewable sources of energy has made
countries like India and China to make huge investments on green energy
resources.

Technology

Technology has a massive influence on the energy sector. The
introduction of electric vehicles (EVs) is having a significant impact
on the automotive
industry as well as the energy sector. Analysts forecast that
the demand for EVs will grow manifold through the year 2020 and this
will decrease the usage of conventional vehicles. The introduction of
renewable sources of energy will reduce the demand for liquid fuel
considerably.

Entry of minor players

Lastly, contrary to popular perception, it is not the major players but
the minor ones who are going to give an edge to the energy sector. With
new avenues of capital sourcing, the small players are leaving no stone
unturned in rolling out region-specific energy solutions. While this
trend has disrupted the monopoly of large players in the industry, it
has also opened new doors for innovation and changes in the energy
sector.

The entry of minor players in the market will give the energy sector a
considerable edge over the major players. With huge amount of investment
happening in various countries, the minor players are trying to focus
more on region-specific energy solutions. This new trend has brought
over a huge change by eliminating the monopolistic business take over by
the major players, and leaving space for huge technological development.

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