Experts project that within 10 years, reliance on energy storage systems by businesses and homeowners will increase by 700%.
By 2024, global microgrid capacity is expected to exceed 7GW, a 115% increase.
By 2050, global demand for energy in buildings is projected to increase by up to 60%.
An expanding middle class is anticipated to increase global air travel from 3.2 billion passengers in 2014 to an expected 11 billion passengers by 2029.
By 2050, food production must increase by 70% to feed the world's population of 9.1 billion.
On a global basis, data centers consume almost 3% of the world's electricity.
By 2025, consumers in emerging markets are expected to represent 66% of global demand for manufactured goods.
By 2030, China is poised to overtake the U.S. in number of vehicles with a projected 600 million cars, trucks, motorcycles, rural vehicles and buses.
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