Search results for: 'back up power systems'

Generation Z currently makes up 24% of the global population and are set to have significant spending power. This "digitally native" population cohort, born between 1993 and 2007, will be an important customer base in the future. This age cohort is expected to be the most ethnically diverse and tolerant generation yet. It is also a socially and env...

Generation Z, the generation that comes after millennials, is now coming of age, entering the workforce, and growing in consumer power. By 2027, Gen Z will represent 20% of the US population--about 70 million people. In the United States, it is estimated that Gen Z has a direct spending power of at least $143 billion and an indirect spending power ...

28 May 2021  |  Global  |  Megatrends

Transformative Mega Trends Enabling Lights Out Manufacturing

Post-pandemic Manufacturing Shifts will Usher Future Growth Potential of ‘Lights Out’ Environment

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The COVID-19 pandemic has not only hindered global manufacturing output but has also hastened the shift toward Industry 5.0. Digitalization and automation are rapidly shaping business strategy, with nearly 90% of companies embracing digital transformation in the short term. In an effort to become more resilient and shock-proof, manufacturers, espec...

24 Nov 2017  |  Asia Pacific  |  Market Research

Growth Opportunities for District Heating and Cooling in Asia, Forecast to 2021

Increasing Adoption of DHC Creates Abundant Opportunities for Growth

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District heating and cooling is not a new concept, but this technology is gaining traction in Asia in the current era of urbanization, energy insecurity, and climate change mitigation. The study period is 2014–2021, with the base year as 2016, and forecast period as 2017 to 2021. This research covers East Asia (Japan, South Korea, and Taiwan) and S...

With a strong resurgence in traffic volumes and shifting customer demands, rail is becoming the favoured choice as cities across the globe seek the most economical and fuel-efficient modes of travel. Western Europe is the largest market, and Germany is expected to require a vast number of regional and commuter transport vehicles in the next 10 ye...

23 Sep 2021  |  Global  |  Megatrends

Trend Opportunity Profiles—Future of Humanless Construction

Future Growth Potential Enhanced by Advancements in Robotics and Automation

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Developers are increasingly investing in digital tools like robotics and automation to improve productivity. 3D printing and other new technologies will lead to rapid advancements in prefabrication and modularization. These advancements, in turn, will improve productivity and reduce overreliance on on-site processes. With a rapidly aging workfor...

02 Jul 2018  |  Asia Pacific  |  Market Research

Growth Opportunities in the Asia-Pacific Demand Response Market, Forecast to 2025

Actual Accumulated Demand Response Resources to Cross 30GW by 2025

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The Asia-Pacific demand response market is in the growing stage with countries such as South Korea, Japan, and New Zealand in the forefront. The liberalization of electricity markets and increasing distributed energy resources have a major role in driving the growth of demand response. However, lack of standardized procedures and absence of incenti...

Educational technology serves as an excellent means to deliver multimedia and interactive course content to today’s generation of digitally connected students anytime, anywhere, and across devices. The global educational technology market crossed $17.7 billion in revenue in 2017 and is expected to grow to $40.9 billion by 2022, at a Compound Annual...

26 Jan 2017  |  North America  |  Megatrends

The Future of the United States

The Social and Technological Forces Reshaping the Country

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Frost & Sullivan's research service on The Future of the United States offers a comprehensive analysis of the Mega Trends that will impact American citizens and businesses through 2025. In this research, Frost & Sullivan's expert analysts highlight the imminent challenges and opportunities for growth stemming from the following trends: Social, Hig...