Search results for: 'Beyond ChatGPT: Understanding the Impact of Large Language Model Driven Generative AI'

This study examines the increasing use of artificial intelligence (AI) in quality management. The rapid advancement of AI has led to its use across sectors, particularly quality management, as is evident in the growth of predictive quality analytics and enterprise quality management systems (EQMS). With increasing competitive intensity, it has beco...

02 Dec 2024  |  Global  |  Technology Research

Technological Advances in Robotics Impacting the Space Industry

Global Adoption of Advanced Automation and Strategic Initiatives Are Transforming Space Exploration Efforts

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The space industry has long been at the forefront of developing and adopting robotic solutions for various critical applications. As humanity’s ambitions extend further into space, robotic technologies are increasingly vital in enabling and enhancing these missions. From exploring distant planetary surfaces to spacecraft maintenance, robots are pro...

22 Oct 2021  |  Global  |  Market Research

Global Industrial Valves and Actuators Growth Opportunities

Future Growth Potential Driven by the Shift Toward Sustainable Energy and Technology Enabled New Business Models

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This study is an analysis of the global industrial valves and actuators market. It also details the growth potential of this market in the short, medium, and long terms. There is also an in-depth coverage of the growth of valves in the green technology sector. As the valves market is mature, Frost & Sullivan has highlighted valve applications in...

This research service covers the growing North American micro liquid natural gas (LNG) opportunities for process equipment suppliers. The study covers the micro LNG development in the US market, opportunities for process equipment manufacturers, and future potential growth for the product segments and key end-user segments. Growing energy requireme...

12 Jun 2020  |  Global  |  Megatrends

2025 Vision: Future of Pumps in a Connected World

Innovative Business Models Centered Around Services are Expected to Unlock New Revenue Streams for the Pumps Industry

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Key Issues Addressed

This study forecasts the future of the pumps industry amidst the onset of a new wave of digitalization and the Industrial Internet of Things (IIoT). The changing market conditions influenced by demand-supply shock, oil price volatility, political tension, and shift in customer preferences are making pump manufacturers revisit their value propositio...

Software-defined automation (SDA) represents a paradigm shift in industrial and manufacturing control systems that addresses traditional operational technology (OT) architectures' limitations. As proprietary, hardware-intensive automation systems reach the end of their life cycles, they increasingly hinder innovation, scalability, and adaptability ...

The autonomous security robot market is undergoing rapid expansion driven by escalating security concerns, advancements in technology, and the pursuit of operational efficiency. This analysis delves into the primary growth prospects within this domain, encompassing the exploration of new verticals such as airports, events, and the BFSI sector. By s...

As a result of Saudi Arabia's decision to keep producing oil to retain its share in the global oil and gas market, the price of oil dropped below $30 for the first time in a decade, seriously impacting the CAPEX. The aim of this private market insight is to analyze the demand-supply gap in the crude oil market. The demand-supply gap is caused by se...

18 Sep 2020  |  Global  |  Market Research

Value-added Services Backed by Industry 4.0 to Propel the Global Oil & Gas Refinery MRO Services Market, 2020–2024

Leveraging Cloud, Big Data and Analytics will Improve Accessibility for Customers and Enable MRO Service Providers to Generate New Revenue Streams

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Maintenance, repair and overhaul (MRO) services catering to the oil & gas refinery market will be adversely impacted by the Coronavirus 2019 (COVID-19) induced economics slump, alongside the oversupply of oil and lack of storage capacities 2016 to 2024 (the study period of this research). This market is currently (2019) valued at $15.40 billion and...