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The International Air Transport Association (IATA) has forecast passenger traffic to nearly double from 3.8 billion in 2015 to 7.2 billion by 2030. This increase will reflect in the number of checked baggage each year with forecasts pegging the number at close to 6.5 billion bags by 2030. As airport operators revise their plans and strategies to ha...

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...

Sustainable living, green environment, zero waste goals, zero carbon emissions, and circular economy are gradually becoming key themes in the agendas of governments and private organizations the world over. As economies progressed with rapid industrialization, globalization, technological innovations, better standards of living and improved consume...

This Frost & Sullivan research service analyzes the impact of Industrial Internet of Things (IIoT) technologies on Manufacturing Execution Systems (MES). This research also identifies some visionary companies that have developed best-in-class IIoT-enabled MES solutions. The manufacturing sector is shifting towards the execution of production operat...

The widespread outbreak of COVID-19 across the world has overburdened hospitals with a huge influx of patients. Traditional hospitals that rely on manual and analog methods have been unable to handle the huge patient load with limited resources and this has severely impacted the ability of hospitals to provide quality care to patients. To address t...

21 Apr 2021  |  Global  |  Market Research

A Dynamic Threat Landscape Propels the Global Maritime Port Security Market

Increasing Global Trade Coupled with Port Modernization through Digital Technologies Driving Investments in Security Technology

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The shipping industry is responsible for about 90% of global trade by volume. Governments prioritize the safe and secure transportation of goods, including from land to sea at port sites, to ensure economic stability and growth. Ports are regarded as national infrastructure and are both a potential terrorist target and an entry point for terro...

This study focuses on track and trace solutions used in the container shipping industry, specifically dry and reefer containers. Track and trace solutions are used to track (identify location and history) shipments throughout the entire supply chain, from supplier to consumer, using radio frequency identification (RFID), GPS tracking, and/or barcod...

The Satellite-based IoT sector is poised for unprecedented growth, driven by technological advancements and increasing demand for global connectivity. This study explores the pivotal growth opportunities within the sector, highlighting how innovations in satellite technology, strategic industry convergence, and emerging market dynamics are shaping ...

19 Nov 2020  |  Global  |  Market Research

Digital Transformation and the Internet of Things Propel the Global Heating, Ventilation, and Air Conditioning Equipment Market, 2020

Strategies Centered on Solution-based HVAC Offerings and Clean Air for the Built Environment Create New Growth Opportunities

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Key Issues Addressed

Frost & Sullivan estimated HVAC equipment market revenue at $102.5 billion in 2019. Revenue is expected to grow at a nominal rate through 2026 to reach $140.6 billion. Demand for HVAC products because of climate change and the need for clean air in buildings is fueling market growth. Environmentally friendly, energy-efficient systems that save mone...