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Laboratory information management systems (LIMS) for the life sciences industry can streamline research programs and improve lab efficiency and collaboration between stakeholders. Of more than 120 participants in this space, this Frost Radar™ highlights the top 12 companies that generated revenue from these systems between 2019 and 2022. These indu...

The global pharmaceutical market is projected to reach approximately $1.72 trillion in 2026, with large molecules driving most incremental growth while small molecules remain the sector’s cash flow base. The current growth cycle concentrates on cardiometabolic and oncology, led by GLP-1 platforms and antibody–drug conjugates (ADCs). Competitive adv...

This study presents a strategic overview of the evolving global energy landscape and identifies 20 companies poised to shape the future of power generation. It highlights the relationship between innovation, integration, and sustainability as the industry adapts to transformative megatrends, disruptive technologies, and geopolitical uncertainties.T...

Changing regulatory landscapes significantly impact the chemical industry s evolution in technological advancement, product development, vertical integration, and consolidation activities. In a recent Frost & Sullivan report titled The Impact of Regulations on the Chemical Industry (PE52), we found that one of the key areas of regulation is in P...

Technological advancements are disrupting the healthcare industry. There is an increasing trend toward personalized and precise medical treatments, such as personalized genomics, which provide outputs at a much lower cost and at a faster speed than has ever been possible. Precision medicine has also driven the development of targeted drug delivery,...

This study explores the potential growth opportunities for global industrial inspection robotics. The emphasis on workforce safety and customers' growing interest in automation are significant drivers for adopting robots for inspection services, which are being deployed across several industries, including oil and gas, utility, chemicals, railways,...

This Frost Radar™ report analyzes the top 8 players from the quantum computing market actively investing in future potential use cases with OEMs and Tier-1 suppliers in the automotive industry. It includes a mix of pure-play quantum hardware players, quantum software specialist companies, and comprehensive end-to-end quantum solution providers that...

Frost & Sullivan’s security practice area covers a wide variety of solutions and technologies associated with commercial and public security as well as cybersecurity. Some of the markets studied under these two sectors include identity access management, endpoint protection, biometric solutions, border security, and managed security services. I...

18 Dec 2023  |  Global  |  Technology Research

Technologies Enabling Industrial Electrification

Global Efforts to Deliver Net-zero Carbon Emissions Will Spur the Decarbonization and Electrification of Emissions-intensive Industries

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The global industrial sector is responsible for nearly 30% of carbon emissions annually. To achieve carbon reduction targets, demand is increasing for the electrification of key manufacturing processes. Focus is currently on achieving direct electrification, which involves replacing fossil fuels used in various industrial processes with technologie...