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Data science, software engineering, and materials knowledge researchers must collaborate to bridge the gaps in materials R&D and accelerate digital transformation. To introduce digital innovation into the lab, scientists need to develop new skills and manage larger data volumes more efficiently using tools such as artificial intelligence (AI), big ...

17 Jun 2024  |  Global  |  Technology Research

Materials Industry: R&D Outlook and Technology Growth Opportunities, 2024 2028

Steady Funding and the Focus on Investments are Bolstering R&D Efforts in Material Development

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The materials industry stands on the brink of transformative innovation, driven by an unwavering commitment to research and development (R&D) excellence and the allure of technological advancements. In the industry's rapidly evolving landscape, characterized by global integration and evolving consumer demands, stakeholders face a multitude of chall...

Virtual simulation and modeling technologies are transforming chemicals and materials research and development (R&D) by enabling precise design, testing, and optimization of materials and processes. These technologies facilitate the modeling of complex chemical reactions, allow for accurate predictions of material properties, and make production pr...

05 Sep 2024  |  Global  |  Technology Research

R&D Investment Analysis of the Medtech Sector

Artificial Intelligence Integration and Medical Devices Miniaturization to Drive Transformational Growth

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Before the COVID-19 pandemic, medical technology (medtech) registered significant investment in R&D. However, the investment trend declined post-pandemic but is gradually picking up momentum. Top medtech companies invest about 7% to 8% of their total revenues toward the R&D of novel products or to enhance existing products. The key sources for medt...

24 Jul 2024  |  Global  |  Technology Research

Radar R&D Portfolio Assessment and Opportunity Analysis

Millimeter-Wave Radar and Radar-on-Chip Solutions are Driving Market Growth

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Radar technology will experience rapid growth because of improvements in enabling technologies and growing demand in the automotive, defense, aerospace, consumer electronics, manufacturing, and energy industries. The technology has diverse applications and use is expanding with the adoption of IoT devices and penetration of 5G technology. The lo...

A common challenge faced by researchers during material R&D is from a data perspective, such as availability of highly fragmented information due to data systems that vary from application to application, fluctuating data quality and inability to access curated external research activities effectively. Integration of digital technologies such as...

A growing demand for safety and convenience features has amplified the development and adoption of advanced driver assistance systems (ADAS) and autonomous driving (AD) features in passenger vehicles. Original equipment manufacturers seek to adopt level-2-and-above features in their mass-market vehicles to gain a competitive advantage. The United S...

Automotive manufacturers are currently focusing on building fully connected and completely autonomous vehicles, as drivers expect next-generation digital technologies in their cars. As autonomous and connected technologies go hand-in-hand in building efficient self-driving cars, connected car technologies will create a drift in the automotive ecosy...

Global public R&D institutes have always been the main driver of innovation and technology domain in the energy sector. The importance of public R&D for energy sector is further highlighted by the need for accelerated commercialization of emerging technologies that have been identified as vital for deep decarbonization of the global energy sector b...