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2020 Insights on the Impact of COVID-19 on the Asia-Pacific Energy and Environment Industry – New Opportunities as a Result of Economic Disruption – ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Disruptive Global Pandemic Calls for Business Innovations in the Asia-Pacific Energy and Environment Industry, 2020" report has been added to ResearchAndMarkets.com's offering.

Coronavirus 2019 (COVID-19) has brought in new opportunities and business ideas in the midst of economic disruption. The entire value chain in energy and environment industries is affected and it is almost certain that most industry players will register a decline in growth rates in 2020. However, some immediate and mid- to long-term opportunities are present, and it is imperative that companies take ownership to thread through such trying times with the available opportunities. The need for various innovative and redefined digital platforms and new business models will be more important in the next 1 to 2 years.

Immediate impacts on the energy and environment industries are:

  • Overall sluggish growth in 2020
  • Local suppliers to benefit due to travel lockdowns
  • Post-pandemic to call for safety measures in buildings
  • Waste management will prevail due to rising clinical waste and disposal of wearables (face mask, etc.)
  • Utilities will continue to be innovative in improving resource supply (electricity and water) in supporting activities that will lead to an economic rebound

Some of the growth opportunities present in the energy and environment industries are IR 4.0 in Oil & Gas, whereby enormous value can be unlocked through the integration of digital technologies such as 3D printing, 3D printing, artificial intelligence (AI), drones, digital twins, and predictive analytics across the value chain. Another growth opportunity is in wind power generation, where there will be a positive outlook in wind power generation as many countries move towards offshore wind farms; this market will be led by Taiwan and China. In the microgrid segment, behind-the-meter application will come into sharp focus in the ASEAN region in 2020.

Innovative business models for this segment will help power rural areas in the region. Co-working space and flexible workspace will bring mid- to long-term business opportunities. Heightened hygiene and security practices will force operational innovation and technology adoption in this segment; Asia-Pacific is the fastest-growing region in flexible workspace management. In conclusion, most growth opportunities will bring a renewed focus on technologies that promote efficiency and operational cost reduction. With the growing need for digitalization and the increasing prominence of operational efficiency, technology OEMs have to explore new business offerings and/or expand their roles across the industry value chain in order to stay competitive and relevant to their customers.

Key Topics Covered:

1. Executive Summary

2. Scope and Segmentation

3. Key Trends-Oil & Gas

  • Impact of COVID-19 on the Overall O&G Industry in APAC
  • Trend 1-Oil Price Likely to Stabilize After Witnessing Historic Lows
  • Trend 2-Drilling Activities to Decelerate Due to Depressed Demand for Oil Products
  • Trend 3-Construction of New Gas Pipelines is Likely to be Delayed
  • Trend 4-LNG Demand to Fall in 2020
  • Trend 5-Oil Storage Capacities Soon to Run Out Amidst Supply Glut
  • Trend 6-Downstream Sector to Witness an Early Rebound
  • Key Takeaways for the O&G Industry

4. Key Trends-Energy

  • Impact of COVID-19 on the Overall Energy Industry in APAC
  • Trend 1-Local Suppliers to Benefit Due to Travel Restrictions
  • Trend 2-Utilities to Accelerate with Advanced Digital Solutions
  • Trend 3-Brownfield Opportunities to be More Promising than New Projects
  • Trend 4-Investments in Coal Power Plants in Asia Likely to Remain Soft
  • Trend 5-Asia's Growth in Solar Power to Hit a Speed Bump in 2020
  • Trend 6-Renewed Focus to Drive Positive Outlook in Offshore Wind Power Generation
  • Trend 7-Grid Equipment Replacement to Offer Short-Term Opportunities
  • Key Takeaways for the Energy Industry

5. Key Trends-Buildings

  • Impact of COVID-19 on the Overall Buildings Industry in APAC
  • Trend 1-Building Construction and Building Automation to Charter Different Paths Post COVID-19
  • Trend 2-Building Technologies to Aid Post-Pandemic Recovery
  • Trend 3-FM Growth in 2020 Likely to Decline, Full Rebound Expected in 2022
  • Trend 4-Cost and Safety Concerns Lead to Curated FM Strategies
  • Key Takeaways for the Buildings Industry

6. Key Trends-Sustainability

  • Impact of COVID-19 on the Overall Sustainability Industry in APAC
  • Trend 1-Uninterrupted Water Supply to Become a Priority
  • Trend 1-Uninterrupted Water Supply to Become a Priority (continued)
  • Trend 2-Smart NRW Management to Support Efficiency in Supply and Cost
  • Trend 3-Post-Pandemic Situation to Call For New World Order in Sanitation and Waste Management
  • Key Takeaways for the Sustainability Industry

7. Key Trends-Climate Change

  • Impact of COVID-19 on Climate Change
  • Trend 1-Green Bonds to Witness More Investments
  • Trend 2-Sustainability Reporting a Must to Stay Competitive Globally
  • Trend 3-Emissions Trading Schemes (ETS) and Carbon Taxes Gaining Popularity
  • Key Takeaways for Climate Change

8. Growth Opportunities and Call to Action

  • Growth Opportunity 1-IR 4.0 in Oil & Gas
  • Growth Opportunity 2-Wind Power Generation
  • Growth Opportunity 3-Solar Power Generation
  • Growth Opportunity 4-Coal Investment
  • Growth Opportunity 5-Transmission and Distribution
  • Growth Opportunity 6-Behind-the-Meter
  • Growth Opportunity 7-Co-working Space and Flexible Workspace
  • Growth Opportunity 8-Crowd Analytics
  • Growth Opportunity 9-BIM and Smart FM
  • Growth Opportunity 10-Virtual BAS
  • Growth Opportunity 11-Smart Waste Management
  • Strategic Imperatives for Success and Growth

9. Conclusions

10. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/oiza2a

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