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The quality management system (QMS) market is growing fast. Regulatory compliance is one of the key drivers for the implementation of a QMS, especially as frequently changing geopolitical situations make it harder for companies to effectively act in accordance with requirements worldwide. Drug manufacturers, for example, must manage the complexitie...

09 Dec 2022  |  Global  |  Frost Radar

Frost Radar™: Baggage Management Systems, 2022

A Benchmarking System to Spark Companies to Action—Innovation that Fuels New Deal Flow and Growth Pipelines

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Air transport continues to recover as COVID-19 evolves from the pandemic to endemic stage, accelerating the reopening of international borders as governments relax travel restrictions. Frost & Sullivan estimates that 3.54 billion passengers will return to the skies in 2022 (representing 78% of the pre-pandemic load factor of 4.54 billion), with com...

Insurtech risk assessment and analytics has grown because of the digitization of the insurance industry and the demand for online insurance products and secure data management. Companies in this segment leverage artificial intelligence (AI), machine learning (ML), and big data analytics to provide insurers with more accurate and actionable risk...

The Building Energy Management Systems (BEMS) is a globally evolving market that is poised for double-digit growth for the next 7 years. BEMS is primarily driven by the trend of high peak demand charges, customers’ commitment towards sustainability, energy efficiency regulations, state incentives for buildings to install energy management systems, ...

This Frost Radar analyzes the industrial electric motors market. By definition, industrial electric motors are the electric motors used specifically for industrial applications such as power generation, oil and gas, transportation, water and wastewater, metals and mining, food and beverage, buildings, data centers, logistics, and others. Traction m...

Process industries such as oil & gas, chemical, and power generation are undergoing digital transformation to gain the competitive edge. With a focus on digital transformation, there is an equal emphasis on improving reliability and efficiency of assets on site. In addition, a surge in unplanned maintenance of applications and process systems is la...

The global gas sensors, detectors, and analyzers market is estimated to have revenue of $4.7 billion in 2025, and the market is expected to grow at a CAGR of 3.8% between 2018 and 2025. A growing awareness of gas-related dangers in the workplace are driving the adoption of gas sensors, analyzers, and detectors, especially in the oil and gas, chemic...

The age of Big Data Analytics has completely shifted how businesses collect data, manage internal operations, and enact many business decisions. These are now based on direct customer data and observed trends rather than guesses or estimates of business needs from indirect observation. Big Data Analytics applications have accordingly changed how an...

This Frost Radar analyzes the compressor market. The analysis includes industrial air compressors and process gas compressors. Among others, the key end-user analysis includes the chemicals, construction and mining, food and beverages, general manufacturing, life sciences, oil and gas, and power generation industries. In addition to providing an i...