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15 Dec 2020  |  North America  |  Market Research
IIoT-Powered Business Model Transformation of the North American Centrifugal Pumps Market
Digital Pump Services Driven by Smart and Intuitive Technologies Unleash New Revenue Potential and Redefine Customer Experience
The main objective of this growth opportunity analysis is to assess the impact of market trends and challenges influencing growth prospects for pump original equipment manufacturers (OEMs) in the next 7 years. As business uncertainty becomes an inevitable factor, end users across industry verticals are revisiting their strategies to adapt to the ne...
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18 Nov 2021  |  Asia Pacific  |  Market Research
Singapore Building Management System Growth Opportunities
Disruptive Technologies and Competition from Start-ups Stimulate the Progression of Building Management Solutions
The Singapore building management system (BMS) market is forecast to expand with a 7.2% CAGR for 2021–2027. Although the positive growth over the forecast period is attributable to recovery from the pandemic, it will not reach the market size of pre-COVID-19 years. Growth is lower due to slower recovery in the construction sector until 2027. Althou...
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11 Dec 2020  |  Global  |  Market Research
IIoT Technologies Improving Process Efficiencies Power Global Calibration and Repair Services Market
Demand for High-quality Instrument Standards and Tightened Regulations Enhances Future Growth Potential
The global calibration and repair services market is anticipated to reach $3,996.9 million by 2024, driven by increased quality awareness, greater adoption by the aerospace and defense and life sciences industries, and tightening regulations imposed by calibration regulatory authorities across the world. The instruments used in industries such as a...
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25 Nov 2020  |  North America  |  Market Research
Affected by the Steep Decline in Oil Prices due to the COVID-19 Pandemic, the Global Fluid Power Equipment Market is Gradually Recovering
Bleak Investment Activity and the Global Economic Shrinkage will Lead to a Short-term Market Contraction
Owing to the US-China trade war and the global economic slowdown caused by the COVID-19 pandemic, the global fluid power equipment market is projected to face a sharp revenue contraction in 2020. Key end users, including oil and gas, aerospace and defense, and construction, are experiencing unprecedented declines due to the pandemic. The imposition...
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15 Mar 2021  |  Global  |  Market Research
Electricity Market Modernization and Cost Reductions Powering the Global Grid Battery Energy Storage Market
Competitive Strategies from Optimization Services, Flexible System Designs, and Co-located Storage Capturing Growth Opportunities
Power utilities, system operators, and authorities worldwide increasingly regard grid battery energy storage as a core component of energy expansion plans. Key factors driving this consideration are increasing price competitiveness owing to declining technology costs, including for batteries and balance of plant, and the continual expansion of inte...
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05 May 2023  |  Latin America  |  Market Outlook
Latin America Power & Energy Outlook, 2023
Future Growth Potential Enhanced by an Accelerated Energy Transition Global Context and the Advancements in Renewable Energy Deployment
While the world witnesses unprecedented policies and investment announcements to accelerate the energy transition—like the Inflation Reduction Act, the Green Deal Industrial Plan, and China's latest Five-year Plan—what happens in Latin America Will the region join the race for decarbonization seen in the rest of the world How does that affect the p...
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24 Sep 2021  |  North America  |  Market Research
Acquisitions, Vertical Focus, and New Technologies Drive Highly Competitive North American Mobile Field Service Management (FSM) Market
Changing Workforce and Demanding Customers Help Power New Growth Opportunities
North American businesses rank mobile field service automation as one of their top areas of enterprise digital solution investment.* Each year, Frost & Sullivan examines this particular solution category in the context of the North American market. For the purposes of this 2021 study, mobile field service management (FSM) applications are defined a...
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11 Jun 2021  |  North America  |  Market Outlook
Global Connected Cars Outlook, 2021
With a Revenue Potential of $15-$20 Billion by 2025, the Creation of Software-defined Vehicles and Innovative Business Models is more Critical than Ever
The COVID-19 pandemic has accelerated - rather than affected - growth prospects for the global connected cars market. Technology implementation has increased, and the post-pandemic situation appears to be a positive one for all stakeholders. The pandemic is a blessing in disguise as innovative features such as embedded connectivity, bio-based healt...
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22 Dec 2022  |  Global  |  Technology Research
Technology Trends and Advancements in Nuclear Hydrogen
Advancements in High-temperature Electrolysis and the Shift Toward Hydrogen Economy will provide Competitive Intensity to Nuclear Hydrogen Production
While clean energy resources are replacing fossil fuels, hydrogen has emerged as an attractive path to decarbonizing the industrial sector, demonstrating strong potential to have a substantial impact on the energy and transportation sectors. With its high energy density and ability to provide heat and electricity to produce low-cost hydrogen on a l...
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12 Jan 2021  |  North America  |  Market Research
The Global Personal Protective Equipment (PPE) Market in the Wind Energy Industry is being Driven by Government Incentives and Initiatives
Sustainable and Environment Friendly Power Generation Growth Strategies to Create Growth Opportunities
PPE in the wind energy industry was valued at $409.2 million in 2020. The growth in the industry has been driven by an increase in installation and maintenance services of wind farms and resultant employment opportunities, growing awareness about wind energy PPE, riskier work environments, and stringent regulatory compliances. Driven by high compli...
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