Search results for: 'mega carpentry ad plastics processing'

The circular economy approach involves initiatives across material and product life cycles, supporting sustainable resource consumption and waste prevention by assimilating high-tech solutions. The global resource management sector is transitioning toward greater digital technology adoption using disruptive smart technologies and platform-based sol...

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...

This Frost & Sullivan study tracks digital developments in the global plastics industry and seeks to identify future opportunities for further use of digital technology. Findings are presented as domains of digitalisation (the domains of digitalisation indicated in this study are slightly different from those in other Frost & Sullivan digital tra...

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

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Key Issues Addressed

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...

18 Sep 2020  |  Global  |  Market Research

Value-added Services Backed by Industry 4.0 to Propel the Global Oil & Gas Refinery MRO Services Market, 2020–2024

Leveraging Cloud, Big Data and Analytics will Improve Accessibility for Customers and Enable MRO Service Providers to Generate New Revenue Streams

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Maintenance, repair and overhaul (MRO) services catering to the oil & gas refinery market will be adversely impacted by the Coronavirus 2019 (COVID-19) induced economics slump, alongside the oversupply of oil and lack of storage capacities 2016 to 2024 (the study period of this research). This market is currently (2019) valued at $15.40 billion and...

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

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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...

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

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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...

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...

Buildings continue to evolve rapidly as the requirements of businesses and people change. Responsive, resilient, comfortable, and safe buildings are the need of the hour. Often, residents and owners are concerned about operating costs due to the high expenses incurred during maintenance. Managing building operations using poor-quality technology...