Search results for: 'transform 2023'

The global Supervisory Control and Data Acquisition (SCADA) market is a well-established market and is witnessing a period of medium-to-low growth. It was valued at $5.29 billion in 2018 and is projected to reach $5.76 billion by 2023, growing at a CAGR of 1.7% from 2018 to 2023. The market has been holistically analyzed through 3 main segments, in...

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...

08 May 2023  |  Europe  |  Market Research

Global Asset Performance Management Market Forecast

Next Generation Real Time Technologies Driving Transformational Growth in Industrial Environments

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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. ...

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...

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...

Process standardization across plants located in different regions is key for accurate manufacturing intelligence. Further, the need for real-time visibility in manufacturing operations, the progressive transformation into a demand-driven economy, and the need to effectively manage evolving challenges will drive the market. This study provides mark...

Autonomous robotics technology has been undergoing a major technological growth in the recent years. This novel technology is playing a crucial role in the transformation of many key industries like automotive, aerospace, warehouse, and logistics. With the advent of Industry 4.0 and smart factories, all industries across the spectrum are adopting a...

This Frost & Sullivan research service analyzes the global industrial automation market from 2020 to 2025, with 2020 as the base year. The deliverable offers an in-depth look at the dynamics influencing and challenging the growth of the industrial automation market and analyzes the process automation technology segments across process, discrete, an...

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...