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With the advent of Industry 4.0 and smart factories, digital manufacturing technologies have been experiencing exponential technological growth. Disruptive technologies are playing a vital role in the revolutionary transformation of many key industries, such as aerospace, automotive, industrial automation, healthcare, and oil and gas. 3D printing, ...

30 Jul 2019  |  Global  |  Megatrends

Data Monetization, Forecast 2018–2022

Powering Innovation Through Data Monetization

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An increasing number of companies are starting to build data-driven strategies to fuel growth in the upcoming data economy. Though in its nascent stages, data monetization is having a huge effect on many industry verticals. Every company will, at some stage, transform into a data company through direct or indirect approaches. However, there is a la...

10 Sep 2019  |  Global  |  Market Research

Global Aluminum Castings Market, Forecast to 2023

Automotive Lightweighting to Drive the Demand for Aluminum Castings

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Key Issues Addressed

This research service provides an analysis of the global aluminum castings market. The global market for aluminum castings is in a mature stage, with demand expected to be largely driven by growth in end-use industries such as automotive, industrial, and building and construction. The market is highly fragmented with the presence of numerous region...

Economies of the Middle Eastern countries will remain modest due to higher oil exporting revenue being moderately offset by recession in Iran. Higher oil prices are expected to drive oil and gas and hydrocarbon sector in the region, with Saudi Arabia leading the pack in 2019. OPEC oil production dipped in November 2018 due to fall in Iranian produc...

12 Mar 2026  |  Global  |  Market Research

Consumption Pattern Transformations, Global, 2026–2040

Emerging Markets as Consumption Hotbeds, India as a Top 3 Consumer, and Gen Z-Driven Shifts

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Consumption and demand patterns will shift considerably over the next decade as populations age, new consumption centers emerge, and younger generations increasingly dominate the consumer market.In this report, Frost & Sullivan identifies strategies and business opportunities for companies looking to expand market share, drive market penetration, a...

Businesses have already realized that sharing assets will bring not only multiple, sustainable added values but also financial and social benefits. Consumption within businesses will shift from the ownership model to the usership model. Businesses have realized that reducing the use of natural resources through sharing helps bring down CO2 emiss...

27 Feb 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

GCC Metal Industry Outlook, 2020

Non-oil Economic Diversification Policies, Localization Drives, and Growing Consumerism will Boost Growth in the Ferrous and Non-ferrous Industries in 2020

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The year 2020 is anticipated to be a step forward for the Gulf Cooperation Council (GCC) region's effort towards non-oil diversification and manufacturing sector growth. The nascence of the metal downstream industry has led to import dependency in the GCC. Government initiatives towards the development of the downstream metal industry have resu...

Digital twin is a virtual replica of an actual product, facility, asset, equipment, or plant, which are either hosted on premises or in the cloud. Companies are using digital twins to better understand the real world scenarios remotely, aiming to provide real-time assistance instead of reactive-based assistance. Digital twin technology is mostly u...

Like other economies, countries in the GCC have been rendered vulnerable by the COVID-19 pandemic. Wholesale and retail trade, transportation and storage, and finance and insurance, which accounted for nearly 50% of Dubai’s gross domestic product (GDP) in 2018, have all been affected. In the oil and gas industry, plunging jet fuel demand and higher...