Search results for: 'global 2024 2024'

This Frost Radar™ highlights seven start-ups actively engaged in testing and developing Level 4 autonomous trucks in the United States and Europe to alleviate driver shortages and reduce accidents while making truck transportation more efficient. The analysis includes an overview of each company’s product offerings, research and development endeav...

14 Aug 2025  |  Global  |  Market Research

Mining Equipment Industry, Global, 2024-2030

Electrification, Automation, and Operational Intelligence are Driving Transformational Growth

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The mining equipment segment of the off-highway equipment industry has grown significantly in recent years, with a global market size of $62.23 billion in 2024. Frost & Sullivan projects a 2024-30 compound annual growth rate (CAGR) of 4.6%, reaching $81.58 billion in revenue by 2030. Factors driving industry growth include demand for critical miner...

Global emergency lighting is estimated to have grown at a rate of 5.5% in 2024. Market revenue is forecast to reach $7.42 billion by 2030, at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2030.The global emergency lighting market benefits from rising investments in the construction sector, with growth projected at 4.4% annually through ...

Flame retardants (FRs) are chemical additives deployed to mitigate flame propagation in various sectors, including construction, wire & cable, transportation, and electrical & electronics. Regional regulations and standards set by different end-use industries significantly impact the FR industry. Moreover, a global increase in high-rise fires highl...

Fears of a global recession have been compounding in the recent past, with emerging signs of weakness in economic growth and other high-frequency parameters. The Russo-Ukrainian war has weakened global economic sentiment, with aggressive central bank interest rate hikes to curtail inflation also fueling recessionary fears. To provide decision-ma...

04 Dec 2024  |  Global  |  Market Research

Residential Heat Pump Industry, Global, 2024-2035

The Need to Decarbonize Residential Buildings is Driving Transformational Growth

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The global residential heat pump (HP) market is forecast to reach 17.0 million units by 2035, up from 7.6 million in 2024. Market definitions are important to the market forecast, and Frost & Sullivan excludes the sale of HPs for air conditioning. Market revenues are forecast to reach $80.43 billion by 2035, at a CAGR of 8.5% from 2024 to 2035. As ...

Global economic conditions in Q2 2026 are defined by heightened geopolitical stress, energy market volatility, and supply chain and trade disruptions. The outbreak of the US–Iran conflict has altered the global growth trajectory, trimming roughly 0.3 percentage points from annual expansion (compared to 3.4% in 2025) and pushing Q2 2026 growth to it...

Despite the global economy outperforming expectations and avoiding a recession in 2023, Frost & Sullivan expects a mild growth slowdown in 2024 as tight monetary conditions, diminishing consumer confidence, weak trade prospects, and subdued housing markets in key regions weigh on momentum. However, with policymakers managing to put inflation on...

This study explores industrial robotics' potential growth opportunities. The global workforce shortage and customers' growing interest in automation are significant drivers for the adoption of robots, which are being deployed across several industries, including retail, manufacturing, healthcare, food and beverage, and agriculture. A few countries ...