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20 Jun 2022  |  Global  |  Frost Radar
Frost Radar™: Carbon Capture, Utilization, and Storage—2022
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
The carbon capture, utilization, and storage (CCUS) market is in the growth phase, with many innovative technologies and business models being applied to remediate emissions at existing facilities. Most projects are in either a design or pilot phase (in operation but at a relatively small scale). Large-scale commercial operations in most cases are...
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20 Dec 2022  |  Global  |  Market Research
Global Process Gas Reciprocating and Centrifugal Compressor Services Market in the Oil and Gas Industry
Decarbonization and the Use of Alternative Energy Sources are Key Considerations for Compressor Vendors to Drive Growth
This deliverable examines the key types of compressor services across various regions. The study discusses the revenue generated by servicing, repairs, maintenance, and end-of-life services for process gas centrifugal and process gas reciprocating compressors. The study provides forecasts until 2026, with market data provided on major regions, incl...
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21 Dec 2021  |  Global  |  Market Research
Growth Opportunities for 5G in Process Industries
Integrated Digital Technologies and Internet of Things Connections Drive Smart Manufacturing Transformation
The organizational and economic benefits of industrial digitization are increasingly clear and quantifiable. In addition, the falling prices of technologies such as machine learning, deep learning, edge computing, and big data analytics encourage transformation towards innovative business models where large amounts of interconnected devices are req...
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03 Oct 2022  |  Global  |  Market Research
Growth Opportunities for the Electrification of Oil & Gas Operations
Decarbonization and Net Zero Goals will Stimulate Renewable Energy Investment and Process Electrification
Alongside major trends such as carbon capture, hydrogen production and usage, and energy efficiency, the electrification of oil and gas (O&G) operations using renewable energy sources will be a major area of opportunity for decades to come. Globally, governments are looking for solutions across sectors to mitigate climate change and support deca...
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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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27 Oct 2021  |  Global  |  Market Research
Global Manufacturing Execution Systems (MES) Growth Opportunities
Paperless Shop Floors Drive the Evolution of Intelligent Machines in Process, Discrete, and Hybrid Industries
The increase in volume of data within a shop floor and the complexity of networking within a plant requires systems that make the flow of data easy to handle. Manufacturing Execution System (MES), is considered the heart of data within the process, discrete, and hybrid industries. MES is the layer of controller software that connects the Enterpr...
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05 Feb 2024  |  Global  |  Market Research
Generative Artificial Intelligence (GenAI) Applied for Internet of Things (IoT): Growth Opportunities
Integration Enables Efficiency and Problem-solving in Existing Processes and Revenue Generation from Emerging Opportunities
GenAI refers to algorithms and machine learning models used to create content, including text, audio, images, video, and code. To be a component of the IoT, Frost & Sullivan considers any product, application, or service must be part of a larger solution that comprises these 4 elements: Objects virtualized and imbued with data measurement ca...
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12 Nov 2019  |  Global  |  Frost Radar
Frost Radar in the Industrial Automation Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
The global industrial automation market is set for a paradigm shift as end-user industries step up their investments to concentrate on expanding plant capacity with modular equipment and digital technologies. With a focus on digital transformation, there is an equal emphasis on improving reliability and efficiency of assets on site. Companies are i...
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27 Oct 2022  |  Global  |  Market Research
Oil & Gas Innovation Tracker: Emissions Management
Dynamic Companies Driving Innovation across Emissions Measuring & Monitoring and Digital Platforms
As decarbonization strategies gather pace across industries, emissions management is emerging as a key growth opportunity. Frost & Sullivan has identified a complex and dynamic value chain and set of process steps where opportunities abound: Planning and advisory; measuring and monitoring; mitigation; removal; reporting; and offsetting. Digital pla...
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08 Nov 2021  |  Global  |  Market Research
Global Centrifugal Blowers Growth Opportunities
Innovative Business Models Leverage IIoT Technologies to Focus on Energy Efficiency and Digital Services to Unleash New Growth Potential
In today’s turbulent economic conditions and the challenges brought about by the global COVID-19 pandemic, geopolitical chaos and supply chain gluts have affected investor sentiment. Delays in new project investment, concerns of low RoI, and high operational expenses, especially in the oil and gas upstream sector and the chemical process, power gen...
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