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14 Nov 2024  |  Global  |  Market Research
Computer-aided Design Market, Global, 2023‒2030
Design Innovation is Driving Transformational Growth through the Adoption of Advanced Technologies and Cloud-based Deployments in Manufacturing
Computer-aided design (CAD) is an essential tool for designers in manufacturing. As products and demands change, CAD must evolve to accommodate these transformations. A new market landscape is emerging as software-defined products become the norm, prompting manufacturers to adapt and manage the mechanical and electronic dimensions of their products...
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27 Dec 2024  |  Global  |  Frost Radar
Frost Radar™: Mechanical Computer-aided Design, 2025
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
The Frost Radar™ on mechanical computer-aided design (MCAD) offers a competitive benchmark analysis derived from Frost & Sullivan’s CAD Growth Opportunities report. It ranks eight companies on their growth potential and ability to innovate. MCAD revenue amounted to $6.4 billion in 2023. Frost & Sullivan expects revenue to reach $10.46 billion by 2...
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17 Jul 2024  |  Global  |  Market Research
Global Quality AI Growth Opportunities, 2024 2028
AI in Quality Guarantees Productivity, Efficiency, Top-line Growth, and Cost Benefits for Businesses
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...
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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
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...
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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
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...
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15 Dec 2023  |  Global  |  Technology Research
Advancements in Welding Technologies
Convergence between Artificial Intelligence, Machine Learning, and Robots Drive Trends toward Automation, Digitization, and Sustainability
Welding is a versatile and essential fabrication process that uses heat to join metals together, either similar or dissimilar metals. Unlike brazing and soldering that use a lower temperature to metal fusion, welding technologies operate at very high temperatures. Welding is the most-used fabrication technique across all industry verticals. With f...
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23 Dec 2021  |  Global  |  Market Research
Global Single-use Pumps Growth Opportunities
Disruptive Technologies and Innovative Business Models to Unleash Cost-efficient, Safe, and Sustainable Single-use Solutions
The COVID-19 pandemic led to the rapid scaling up of production activities in the pharmaceutical industry. An increase in the number of FDA approvals in biologics has further accelerated biopharmaceutical production, particularly in North America and Asia. With a boom in biopharmaceuticals anticipated in the next 5 to 7 years, the demand for single...
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20 Nov 2024  |  Global  |  Market Research
Compressor Growth Opportunities in the Hydrogen Market
Compressor Vendors Exploring Hydrogen Production Technologies as Emissions Regulations Dominate the Climate Agenda
The analysis of the global compressors market in the emerging hydrogen sector discusses key trends and insights into the opportunities available for compressor vendors. Significant developments in hydrogen production from fossil fuels with carbon capture, utilization, and storage (CCUS) have been made despite marginal growth in production from anno...
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08 Nov 2021  |  Global  |  Market Research
Global Centrifugal Blowers Growth Opportunities
Innovative Business Models Leverage IIoT Technologies to Focus on Energy Efficiency and Digital Services to Unleash New Growth Potential
In today’s turbulent economic conditions and the challenges brought about by the global COVID-19 pandemic, geopolitical chaos and supply chain gluts have affected investor sentiment. Delays in new project investment, concerns of low RoI, and high operational expenses, especially in the oil and gas upstream sector and the chemical process, power gen...
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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
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...
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