(ZY.2.07) Management [New] The first LNG import facility is being developed in the Philippines, with Luzon LNG expected to begin operations using an Excelerate FSRU starting in Q3 2021. Twenty-five percent of customer service and support operations will integrate virtual customer assistant (VCA) or chatbot technology across engagement channels by 2020, up from less than two percent in 2017. By 2030, global spending in construction is expected to touch $17.5 trillion, with China, the United States and India leading the way and accounting for 57 percent of all global growth. As the global energy demand is expected to grow by ~1.2 percent over the next two decades, oil and gas together are likely to continue to play a key role in the global energy mix, accounting for 52 percent of the energy basket in 2040. Wind and solar power will dominate the electricity generation additions across the US in 2020, accounting for an overwhelming 76 percent of all new capacity set to begin commercial operation this year. The CSP-TES cost values follow linear interpolations between the 2016 cost value, the current value of 10.3 ¢ / kWh in 2022 (the year in which current bids could begin operations), and the 2030 cost target. Kuwait, Saudi Arabia to resume joint oil production - Al-Khafji Joint Operations and Wafra Joint Operations will resume crude oil production in the Saudi-Kuwaiti divided zone in 2020, starting gradually but targeting year-end production of 325,000 b/d. China is already the world's largest electricity user with consumption projected to rise by over 70 percent by 2040, accounting for 40 percent of global demand growth. Installing methane digesters on more than 8,000 dairy and swine operations across the United States where it's feasible could save farms $1.7 billion a year in electricity costs. The global population is expected to grow significantly over the next 25 years to 8.8 billion by 2040, with the developing world accounting for the majority of population growth. In 2020, the world's most powerful neutrino detector will begin construction and could provide the first glimpse of proton decay when it starts operations. Air taxi operations are forecast to commence in 2022 in the Middle East and grow at a compound annual growth rate of 45.9% to reach 430,000 units in operation globally by 2040. Revenues for cobots will reach $5.6 billion in 2027, accounting for almost one third of the total robotics market, and that < 5 kg and 5-9 kg cobots, popular in small to medium-sized industrial settings, will represent the majority of sales in 2023. One-quarter of all customer service and support operations will integrate AI chatbots by next year, up from less than two percent in 2017. The global market for aircraft airframe maintenance, repair, and operations (MRO) can achieve a growth rate of approximately 4% during the forecast period (2018-2025). North America held the largest regional market, accounting for a market share of more than 36% in 2015, and is expected to dominate the global market for rapid microbiology tests in the 2016-2022 forecast period. North America will retain its number one spot in the business jet market, accounting for an estimated 66% of all new deliveries within the next ten years. By 2030, UK wind farms will increase spend on operations and maintenance from around £600 million per year today to approximately £2 billion per year by 2030: In Europe, the USA and China similar dramatic increases are expected as installed capacity grows. Demand for office space will continue to rise next year as business and IT-BPM players expand operations. Expanded mobile use will drive the market, accounting for 86% of its total value by 2024. IDC expects 190 million 5G smartphones to ship in 2020, accounting for 14% of total smartphones shipped, which far exceeds the first year of 4G shipments (2010) at 1.3%. By 2100, continued high emissions would lead to a projected 60 extra deaths per 100,000 population, even accounting for adaptation. Amazon has announced three major renewable energy deals, including the largest corporate wind power purchase agreement in Europe, as it pushes towards a goal to source 100% renewable energy across its global operations by 2030. See full forecast Last updated: 15 February 2020 Hi, Would you like a quick online demo of our service from an experienced member of our team? Yes No
