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North America is the world’s second-largest commercial vehicle market based on annual unit sales. Commercial vehicles play a major role in determining the purchase price of consumer products: about 65% of the region’s freight is transported by road. The industry has been affected by fluctuating freight rates and significant driver shortages. Accord...

5G deployments are an important trend in the telecom industry. The deployments call for substantial incorporation of network virtualization as the entire 5G spectrum can be split into several virtualized network slices that can be independently owned and managed by any kind of enterprise from any type of industry vertical. 5G will also serve as a p...

In the current dynamic environment, which has uncertain economic conditions, trade wars, price volatility, production slowdown, and intense market competition, manufacturers are striving to improve operational efficiency in their existing plants and are keen to cut down the maintenance and operational related costs occurring due to unexpected failu...

Coordinate measuring machines (CMMs) have changed the way dimensional measurements are made in manufacturing facilities. Their ability to cost-effectively provide accurate measurements and improve productivity has helped the market grow over the past decade. The increased penetration across different manufacturing verticals would have not been poss...

Smart meters are the bedrock component of a future smart grid. The smart meter market is driven by the reduction of non-technical loss, their essential role in effective integration of renewable energy, and government initiatives and regulations. Global AMI metering market revenue grew 29.8% from 2017 to 2018, reaching $6,931.5 million; revenue is ...

12 Dec 2017  |  North America  |  Market Research

IIoT in Agriculture

Unlock the Vast Potential

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The agriculture industry will undoubtedly become more important than ever before in the near future. According to the United Nations Food and Agriculture Organization, the world will need to produce 70% more food in 2050 than currently, in order to feed the growing population. Factors such as climate change, limited arable land, water scarcity, lab...

Increasingly, ubiquitous connectivity and innovation in applications are generating explosive growth for IoT devices globally. While China and Asia-Pacific continue to dominate the market, IoT applications and revenue growth in North America and Latin America drive the innovation in IoT. This study estimates the total number of IoT devices that are...

Chemicals is a highly regulated industry, and it serves as the backbone of several other end-user sectors, including construction, transportation, healthcare, pharmaceuticals, and agriculture. Although the industry is a leading revenue generator, globally, digitalization, product portfolio diversification, enriched social responsibility, and sustai...

15 Jun 2020  |  Global  |  Market Research

Global Defense Industrial and Technology Base (DITB) Trends Outlook, 2019–2024

Transnational Disputes, Operational Concepts and Efficiency Needs Drive Acquisitions and Modernization

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This study is an in-depth analysis of the the global defense industrial and technology base, its drivers, trends, and outlook. To provide for a country’s national security, its industrial base must be secure, robust, and resilient. The defense technology industrial base (DTIB) must be cost effective, cost efficient, and highly productive to ensure...