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The global residential, light commercial, and HoReCa water hydration treatment systems market is expected to witness a 7-year CAGR of 6.1% to generate above $30 billion by 2025. Emerging markets such as China, South Korea, India, and Japan, especially in segments such as light commercial and HoReCa, are witnessing high growth. The increasing aware...

The COVID-19 pandemic forced lockdowns and border closures, which subsequently curtailed global travel. Industry revenue in fiscal year (FY) 2020–2021 amounted to $328 billion—the nominal equivalent to revenue generated in FY 2000–2001. Due to grounded aircraft and cancelled flights, the reasons for the shift in passenger behavior, government restr...

21 Dec 2017  |  Global  |  Market Research

World Building Automation Systems (BAS) Markets, Forecast to 2022

Energy Efficiency Initiatives and Converging Technologies will Establish Mass Adoption of BAS solutions

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Key Issues Addressed

The global building automation systems (BAS) market is poised for healthy growth in the next five years. The key driving factors are growing use of internet of things (IoT) technology, the rising popularity of LED lights for utilization of energy efficiently, increased reliance on wireless technology, and concern for overall energy consumption in b...

A battery management system (BMS) is the brain behind the battery pack. It monitors and protects cells in a battery pack. The BMS market is diverse, with multiple applications that use a large number of battery packs. Rising demand for electric vehicles, energy storage systems, and aerospace and defense equipment powered by batteries make BMS an im...

The demand for intelligent transportation system (ITS) has also evolved with the progress transportation systems have made over the years. However, effective utilization of transportation systems depends on proper management of input data sources which describe the performance of the system and the state of system controls. The nature and quality...

17 Jan 2023  |  Global  |  Market Research

Regulations and Evolving Markets Drive Growth in the Quality Management Software Industry

The Enterprise-wide Capacities of Quality Management Software Drive Growth Opportunities

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As the QMS Systems market grows at a vertiginous pace, Frost & Sullivan provides a thorough, in-depth analysis of the dynamics shaping the industry to companies seeking entry as well as those who have already joined the fray. Quality applies to the entire product life cycle. It has implications across the entire enterprise value chain, so there...

The forklift market in the industrial equipment industry has grown significantly in recent years, with a global market size of OEMs reaching $65.5 billion in 2023. Unit sales in electric models reached 1,517,165 units in 2023; Frost & Sullivan projects the figure to increase to 2,599,553 units in 2030 at an 8% compound annual growth rate (CAGR). Fa...

Talent reskilling has emerged as a pivotal response to the evolving demands of industries and the workforce, especially given the sizable impact of geopolitical shocks, disruptive technologies, and automation in the manufacturing and services sectors. This report explores the technological, economic, and societal shifts set to shape the reskillin...

Body-worn cameras are essential for law enforcement agencies to ensure transparency and accountability in police interactions with the public. The body-worn camera market is expanding as demand for law enforcement accountability and transparency skyrockets. This Frost Radar™ analysis benchmarks global body-worn camera solutions vendors offering bes...