Top 2019 Trends
Impacting the World’s Escalating Demand for Data and Power
For the past several decades, the topic of ‘power’ has been consistently viewed as a challenge focused primarily on incremental improvement in making devices run more efficiently and less expensively. Today, the conversation is changing as energy efficiency has grown into a strategic initiative in increasingly power-reliant industries such as data centers, electric vehicles, renewable energy systems, industrial motors, and consumer electronics.
Those industries rely on the ability to efficiently store, move, process, and analyze vast quantities of data. This requires 90,000 of megawatts of energy. With the beginnings of the escalation in other data-intensive technologies such as blockchain, AI, IoT, and robotic autonomy – the pressures on power demand and energy-efficiency technologies will notably increase.
In 2018, it became increasingly clear that the future of transportation revolves around electric and autonomous vehicles. There are on the road today 4 million electric vehicles, with more than half of global sales in China. New entrants challenged entrenched leaders and global governments mandated low to zero emission protocols.
The increase in fuel efficiency regulations and demand for eco-friendly automotive will continue to drive demand for electric vehicle alternatives.
In 2018, we saw autonomous robots powered by AI transforming factories, and our environment, including the remote-controlled, floating, trash-collecting robots that eliminate trash from Chicago’s rivers. IoT-enabled smart cities, such as Barcelona, Singapore and Denver, are already saving millions in energy and labor efficiency while improving citizen services and public safety. 5G services will be available in U.S. cities in 2019, ushering in new augmented reality mobility applications that will make Pokémon Go seem like a relic of the past.
The ever-increasing influx of massive amounts of data and the explosive demand for energy will continue to be deeply linked – and will become even more so demanding with the rise of 5G, AI, and blockchain technologies.
In 2018, we saw technology, business economics, and social imperatives merge as the world’s need to address climate change and pollution has transformed the need for renewables from a secondary to a 24/7 constant source of power. New products are being developed that reflect a focus on connecting into the sometimes-unreliable energy grid in areas prone to catastrophic storms. A growing number of home energy storage projects are underway in several cities around the world. One such project highlighted was Mandalay Homes, a new housing development in Prescott Valley, AZ where 2,900 residences will be outfitted with solar and 8 kilowatt-hour energy storage systems.
One of the most significant trends in power electronics is wireless charging. As consumers continue to accumulate laptops, smart phones, wearables, e-bikes and e-scooters, the need for the convenience of wireless charging will take precedence. And, as industrial markets integrate more drones and robots into the supply chain and delivery processes, the charging of those devices needs to become more efficient, effective and long-lasting.