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06 Sep 2022  |  Global  |  Market Research
Growth Opportunities for Digital Technology in Carbon Capture, Utilization, and Storage (CCUS)
Technology Strategy and Upcycling Support the Transition to Carbon Neutrality
Carbon capture, utilization, and storage (CCUS) will have a huge role to play in the global decarbonization trend of industries. As energy transition speeds up and impending deadlines for the carbon neutrality approach, the CCUS market will present dynamic growth opportunities across regions and industrial sectors until 2030. In addition to th...
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22 Mar 2024  |  Global  |  Market Research
Top 10 Growth Opportunities in Machines, 2024
Performance Monitoring Features and Renewables to Offer Opportunities for Machinery Manufacturers
The industrial machinery manufacturing sector registered strong growth in 2023, aided by increased consumer demand and the launch of new technologies and products. Increased collaboration between machinery OEMs, automation, and the Internet of Things (IoT) vendors is expected to help industries such as water and wastewater, chemicals, and oil and g...
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24 Sep 2020  |  North America  |  Market Outlook
Zeal for Productivity and Profit Pressures Accelerate the Growth of the Global Automation Lifecycle Services Market, 2019–2022
Growing Technology Complexity and Vanishing Knowhow are Growth Drivers for Lifecycle Services
Amid shifting industry dynamics being driven by decentralization, digitalization, decarbonization and the rise of new business models, the keystone market of industrial automation, lifecycle services, is expected to experience a phase of strong short-term growth. Frost & Sullivans market analysis estimates the market size to grow from $49.56B to $6...
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20 May 2019  |  Global  |  Customer Research
IoT in Pumps—2018 End-user Feedback on IoT Implementation and Challenges
End-user Analysis on the Market Receptiveness towards IoT Asset Monitoring Solutions
The onset of the Industrial Internet of Things (IIoT) is transforming the entire manufacturing ecosystem by redefining the production process, supply chain, and end-product delivered to the customers. The business environment is turbulent due to uncertain economic conditions, a shift in customer preferences towards custom-made products, fluctuating...
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03 May 2007  |  Latin America  |  Market Research
Latin America Gas and Steam Turbines Markets
Owing to the sudden impetus in economic growth attributed by various factors and an ever-increasing population, the demand for electricity has been growing at a rapid pace. In order to meet these growing demands, considerable amounts of capacity are needed to be installed throughout the region. Steam and gas turbines, mainly through combined-cycl...
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15 Dec 2020  |  North America  |  Market Research
IIoT-Powered Business Model Transformation of the North American Centrifugal Pumps Market
Digital Pump Services Driven by Smart and Intuitive Technologies Unleash New Revenue Potential and Redefine Customer Experience
The main objective of this growth opportunity analysis is to assess the impact of market trends and challenges influencing growth prospects for pump original equipment manufacturers (OEMs) in the next 7 years. As business uncertainty becomes an inevitable factor, end users across industry verticals are revisiting their strategies to adapt to the ne...
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01 Jun 2020  |  Global  |  Technology Research
Technology Advancements in Energy Analytics Transforming Power Grids
Integration of Predictive Analytics, Machine Learning, and Internet-of-Things (IoT) will Enable Digitization of Power Grids
Ongoing transformation of digitisation of electricity grid has paved strong foundation for the integration of intelligent energy management technologies. Development of single source virtual platforms to increase consumer engagement toward ensuring energy optimization and sustainability have positively influenced the business outlook. Moreover, th...
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27 Oct 2021  |  Global  |  Market Research
Global Manufacturing Execution Systems (MES) Growth Opportunities
Paperless Shop Floors Drive the Evolution of Intelligent Machines in Process, Discrete, and Hybrid Industries
The increase in volume of data within a shop floor and the complexity of networking within a plant requires systems that make the flow of data easy to handle. Manufacturing Execution System (MES), is considered the heart of data within the process, discrete, and hybrid industries. MES is the layer of controller software that connects the Enterpr...
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06 Nov 2023  |  Global  |  Technology Research
Technological Advances that Overcome Challenges to Alternative Protein Development and Commercialization
A Visionary Perspective on R&D and Innovation Effort
The growing global demand for sustainable and ethical food sources has led to significant advancements in alternative proteins. From plant-based proteins to cellular agriculture and novel fermentation techniques, researchers and industry pioneers are leveraging biotechnology, data analytics, and process optimization to enhance the efficiency and sc...
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18 Oct 2024  |  Global  |  Technology Research
Innovations in Vertical-axis Wind Turbines, Manganese-phosphate Cathodes, Lead-acid Batteries, Hybrid Power Generation Systems, Fission Reactors, & PEM Electrolyzers
This edition of the Energy & Power Systems (EPS) TOE features information on vertical-axis wind turbine (VAWT) for urban energy solutions. The TOE also covers the innovations within virtual power plants to connect residential and commercial battery storage for optimized energy management. The TOE focuses on emerging innovations in long-life lead-ac...
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