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31 Mar 2023  |  Asia Pacific  |  Market Outlook
Asia-Pacific (APAC) Power and Energy Market Outlook 2023
Greater Emphasis on Energy Security, Renewable Energy Adoption, and Grid Investments Drive Growth
Frost & Sullivan observed that 2022 was a mixed year for the APAC power and energy sector. While the region benefitted from ending COVID-19 restrictions and increased economic activity, Russia's invasion of Ukraine meant it faced new energy security challenges as commodity prices rose, particularly for liquified natural gas. This has increased the ...
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21 Nov 2023  |  Global  |  Market Research
Growth Opportunities in Machine Vision for Robotics
The Promise of Precise Automation and Inspection Indicates Transformative Change for the Nascent Industry
In a robot-based machine vision solution, a camera takes an image of an object, analyzes it, and sends accurate coordinates to a robot that then moves its arm in a specified position. Thus, a robot-based machine vision solution has two major aspects: robotic system and machine vision system. The machine vision system includes lighting, lenses, imag...
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11 Jan 2023  |  North America  |  Megatrends
Trend Opportunity Profiles—Future of Construction
Innovation Culture and New Product Development Enable Growth and Innovation until 2030
In this report, Frost & Sullivan covers construction's global and future aspects, focusing on upcoming trends. The study details opportunities for mobility, industrial, fast-moving consumer goods (FMCG), retail, information and communications technology (ICT), business and financial services, and supply chain and logistics. It offers industry sta...
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28 Apr 2023  |  Global  |  Market Research
Global Microgrids Growth Opportunities
Demand for Electrification, Renewables, and Grid Resilience Drive Future Growth Potential
The global microgrids market revenue is forecast to increase from $3.37 billion in 2022 to $8.00 billion in 2030. While North America is projected to remain the largest regional market over the forecast period, the Asian region is expected to outpace its growth. With a largely secure grid infrastructure, the European Union has limited microgrid dev...
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02 Oct 2023  |  Global  |  Frost Radar
Frost Radar™: Industrial Robotics, 2023
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
The Frost Radar™ on industrial robotics identifies and plots key robotics vendors across two parameters: Innovation and Growth. Frost & Sullivan estimates close to 3.3 million robots are in use globally. Although the COVID-19 pandemic led to a decline in industrial robot installations in 2020, this market bounced back in 2021, with more than 515,00...
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11 Apr 2023  |  Global  |  Market Outlook
Global Homes and Buildings Industry Outlook 2023
Technology-enabled, Data-driven Software Platforms Vital for Solid Industry Growth
The homes and buildings industry recorded a robust 8.6% growth in 2022, driven by demand for facility management services, smart home devices, customer experience platforms, and construction management solutions. Increasing adoption of internet of things (IoT) and artificial intelligence (AI)-driven smart building solutions also contributed to the ...
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06 Mar 2023  |  Latin America  |  Market Outlook
LATAM Circular Economy of Waste Management Market Outlook 2023
Growth Strategies to Improve Waste Management and Promote a Circular Economy in the Region
Latin America faces several waste management problems, with recycling rates that do not exceed 10%, a large number of open-air dumps, high levels of informality in the workplace, and more than 40% of incorrectly managed waste. Finding a solution to this problem is imperative due to new transformative Mega Trends, such as sustainability and the circ...
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07 Mar 2023  |  Global  |  Market Research
Conversational AI in Healthcare
The Utility of Chatbots and Voice AI Is Poised for Rapid Acceleration
The impact of the digital revolution continues to disrupt the healthcare industry. This includes evolving digital technological capabilities, new business models and marketing approaches, the healthcare consumerism trend, the changing regulatory environment, and competitive threats from new market entrants, such as digital-native companies—particul...
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04 Apr 2023  |  North America  |  Market Outlook
United States and Canada Waste Management and Circular Economy Market Outlook 2023
Disruptive Technologies and Transformative Mega Trends Improve Recycling Rates
The waste management and circular economy market of the United States and Canada is in full growth. With new recycling targets that must be reached before 2030 and current recycling values close to 30%, countries and stakeholders should focus on improving waste segregation at source, source separation, materials recovery facility optimization, and ...
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25 May 2023  |  Global  |  Technology Research
Emerging Opportunities for Robotics in Military and Defense Applications
Surveillance, Logistic Support, Explosive Detection and Neutralization are High Impact Sectors
Various military operations increasingly choose to deploy robots due to the advantages they provide in various safety, surveillance, and rescue operations. These robots help troops improve the accuracy of a task, provide flexibility to perform multiple functions, shorten time required to complete tasks, enable traversing in hazardous environments, ...
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