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The global penetration rate for smart metering is forecast to increase from just over 40% at the start of 2022 to 65% by 2030. This growth will lead to an increased demand for meter data management (MDM) software. First-generation meters largely focus on basic functions such as billing and time-of-use pricing. With the growth of decentralized energ...

05 May 2020  |  Global  |  Market Research

Growth Opportunities in Distributed Energy, Forecast to 2030

Nearly $1 Trillion is Expected to be Invested Over the Course of the Decade as the Power Sector Continues to Transition to a More Decarbonised and Flexible System

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With 41.76 billion active IoT connected devices expected in 2023, IoT providers must be prepared to address growing demands across new verticals. Collaboration with ecosystem partners will be crucial as businesses enter a challenging and hectic digital phase. This study presents Frost & Sullivan’s predictions for the IoT industry in 2023. These ...

22 Jan 2021  |  Global  |  Market Research

Digital Industrial and Energy Guidebook

Future Growth Opportunities and the 2020 Class of Top 50 Supplier Best Practitioners

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The world is facing unrelenting swings that are causing severe uncertainties, volatility, and complexity. As organizations look to cut operational costs and preserve their bottom line, digital transformation is a much sought after aspect to sustain performance. Frost & Sullivan has identified that the digital journey for customers is not a case of ...

Across various industrial sectors, digitalization has rapidly developed, utilizing several existing and emerging digital technologies, including AI, Big Data analytics (BDA), IoT, machine learning (ML), natural language processing (NLP), robotics, and automation. While the chemicals industry was relatively slow to adopt these technologies, the tran...

The factbook on Industrial Couplings provides a detailed understanding on the total revenue generated in the couplings market. The base year for the study is 2021, and forecast years are from 2022 until 2026. The factbook breaks down revenue by 3 coupling types: mechanical flexible couplings, material flexible couplings, and fluid couplings. The st...

22 Oct 2021  |  Global  |  Market Research

Global Industrial Valves and Actuators Growth Opportunities

Future Growth Potential Driven by the Shift Toward Sustainable Energy and Technology Enabled New Business Models

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This study is an analysis of the global industrial valves and actuators market. It also details the growth potential of this market in the short, medium, and long terms. There is also an in-depth coverage of the growth of valves in the green technology sector. As the valves market is mature, Frost & Sullivan has highlighted valve applications in...

Advancements in technologies that improve navigation and object detection, communication between vehicles and infrastructure, image processing algorithms, data analytics, and machine vision have created opportunities for automotive manufacturers to discover a wide range of solutions for the automotive IoT arena. Enhanced safety and cost-effectivene...

Globally, the building industry accounts for about one-third of energy consumption and emissions. According to the International Energy Agency (IEA), as of 2019, the building industry’s energy consumption reached 130 Exajoule (EJ) and has increased by 20% compared to 2010 levels. Growing ownership and use of air-conditioning and extreme weather con...