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Collaborative robotics is emerging as a key force in the automation landscape, moving from industrial environments into homes and urban ecosystems. By integrating mechanical compliance, AI-driven perception, and human-aware intelligence, collaborative robots (cobots) are changing the way cities, homes, and institutions provide services in a safe, e...

The Advanced Manufacturing Technology Opportunity Engine provides profiles of innovations related to cobot-enabled vacuum gripping technology supporting flexible pick-and-place automation across dynamic manufacturing environments; automated build-job depowdering systems improving metal additive manufacturing powder handling and post-processing effi...

With the global population expected to reach 9 billion by 2050, the farming industry is under pressure to boost productivity. Digital solutions, encompassing autonomous farming equipment, real-time monitoring, and artificial intelligence (AI), are revolutionizing operations by diminishing manual labor reliance and improving efficiency. Farmers ackn...

This study explores potential growth opportunities for robots in the agriculture industry. Driven by advancements in AI/ML, machine vision, and autonomous navigation, agricultural robots are executing tasks such as planting, weeding, harvesting, spraying, and crop monitoring with greater precision and efficiency. Designed for workforce augmentation...

In the rapidly evolving landscape of 2026, where technological advancements are accelerating, the ability to identify, invest in, and leverage these advancements is becoming increasingly critical for organizations aiming to maintain industry leadership and ensure sustainable growth. Recognizing this imperative, Frost & Sullivan introduces (launches...

The metals and manufacturing sector across the Middle East is undergoing a fundamental structural shift, driven by the convergence of decarbonization mandates, energy transition demand, industrial localization policies, and digital transformation imperatives. This study examines the evolving competitive landscape and identifies ten high-priority gr...

In 2024, the industrial automation and manufacturing sectors will experience a transformational growth journey propelled by state-of-the-art technological advancements and changing dynamics shaped by a complex economic landscape, geopolitical tensions, supply chain disruptions, labor market and workforce issues, stringent regulatory requirements, a...

Asset performance management (APM) systems are critical tools for asset-heavy industries, including oil and gas, petrochemicals and chemicals, mining and metals, and manufacturing, to effectively manage costs and risks in today’s volatile business climate. The APM landscape comprises a mix of traditional industrial automation vendors, hyperscaler...

08 May 2023  |  Europe  |  Market Research

Global Asset Performance Management Market Forecast

Next Generation Real Time Technologies Driving Transformational Growth in Industrial Environments

Infographics

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Key Benefits

An increasingly competitive and regulated industrial environment is forcing all industry verticals to partner with strategic asset performance management (APM) providers to effectively manage costs and risks in today´s volatile business climates. The APM market, with $1,584.9 million in 2022, is one of the fastest-growing automation product lines. ...