Search results for: 'market analysis 2024'

The COVID-19 pandemic outbreak has resulted in a global economic downturn, as countries imposed movement control orders and shut down businesses. Similar to most other markets worldwide, the demand for industrial robots is forecast to plummet in 2020. The high initial costs and lack of supportive infrastructure are likely to impede market growth in...

Asset performance management software solutions use asset-related data, predictive analytics, and Industry 4.0 technologies to anticipate failure or life of an asset and to recommend a maintenance solution that will improve the reliability of the asset. End users in the process industries acknowledge the effectiveness of deploying an APM suite of s...

10 Jan 2018  |  Global  |  Market Research

Global Enterprise Asset Management Software Market, Forecast to 2022

Integration of IIoT Technologies to Ease Asset Maintenance, Establish Connected Environments and Promote Steady Growth

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The objective of this study is to identify and evaluate various growth opportunities for enterprise asset management (EAM) vendors in the present business scenario which is challenged by uncertain economic conditions and the emergence of a new wave of digital manufacturing. There is a pressing need for end-users, particularly in asset-intensive ind...

The industrial landscape is undergoing a radical transformation. The Digital Industrial Accelerators Program aims to harness the power of the latest innovations in the commercial world and apply them to the manufacturing sector. These innovations include • The metaverse: a virtual environment where people can interact, create, and share experie...

04 Dec 2017  |  Global  |  Market Research

Global Programmable Logic Controllers Market, Forecast to 2021

Impact of IIoT–PLCs in the Current Form to Remain the Choice of Future Machine-builders

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Programmable logic controller (PLC) as a digitally operating electronic system, designed for use in an industrial environment, is used to control different types of machines or processes. The global PLC market, which comprises of Nano PLC, Small PLC, Medium PLC, Large PLC, Programmable Automation Controllers (PAC), Software, and Services, is expect...

23 Dec 2020  |  North America  |  Frost Radar

Frost Radar™: Global Autonomous Mobile Robot Market, 2020

A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines

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The rapid growth of the eCommerce industry around the world and the pursuit of automation in warehousing and logistics management are fueling the demand for autonomous mobile robots (AMRs). Lockdowns in the early months of the COVID-19 pandemic in 2020, ongoing social distancing practices, and recurring stay-at-home orders and restrictions on busi...

17 Aug 2018  |  Global  |  Market Research

Global Manufacturing Execution Systems (MES) for Discrete Industry, Forecast to 2022

IIoT-enabled MES Solutions Will Help Overcome the Challenges of Legacy System, Uncertain Demand, and Complex Supply Chains

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Manufacturing execution systems are the integrated software applications that provide companies with the means to plan and schedule, track, direct, and implement their operations. The MES market is growing with the adoption of cloud computing and data analytics in distinct industry applications around the world. The market is likely to grow with th...

18 Mar 2022  |  Global  |  Market Research

Global Digital Industrial Platforms Growth Opportunities

Industrial Mega Trends are Digitally Transforming the Manufacturing Landscape and Creating New Business Paradigms

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This Frost & Sullivan study was created, developed, and published to: • bring to the industrial ecosystem Frost & Sullivan’s understanding and comprehensive characterization of digital industrial platforms • define and describe market segmentation based on participants, offerings, verticals, and geographies • offer a high-level overview of t...

Metal 3D printing has experienced increased demand in the additive manufacturing market. However, the high cost of printers, slow speed, and limited part size have somewhat limited the volume opportunities for metal 3D printers in industrial applications. The rapidly evolving manufacturing industry has recognized the significance of additive manufa...