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M2M is a technology that allows 2 or more intelligent machines to communicate with each other without human intervention via a communication network. Once data is transmitted over the network, it is collected for analysis and assessed properly to extract essential information. M2M technology has been predominantly used in telematics applications. M...

11 Mar 2020  |  North America  |  Market Outlook

Global Homes and Buildings (H&B) Industry Outlook, 2020

Artificial Intelligence (AI)-driven Solutions, Energy Efficiency Directives, Sustainability Targets, Construction Activities, and Stringent Building Safety Codes Drive Overall Industry Growth

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The homes and buildings (H&B) industry is driven by the penetration of IoT at the field level of buildings, by the emerging adoption of artificial intelligence (AI)-driven solutions at the management level, and by cloud-based data analytics. These technologies are significantly impacting the smart homes, LED lighting, building automation, and build...

This Frost & Sullivan research service analyzes the global pneumatic valves and actuators market in detail from 2013 to 2022, where the base year of the study is 2016. This study examines the various product segments, end-user industries, and market shares, and offers a competitive analysis of the global market participants, individually for pneuma...

25 Oct 2024  |  Global  |  Market Research

Testing, Inspection, and Certification (TIC) Sector, Global, 2024‒2028

Digitalization in End-use Industries is Driving Transformational Growth Through Increased Need for TIC Services to Ensure Data Integrity and Compliance

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This analytics examines the key trends in the global testing, inspection, and certification (TIC) sector and identifies factors that drive and restrain market growth. With 2023 as the base year, this in-depth analysis covers the market across TIC services across 14 end-use industries, which are agriculture & food, chemical, construction, consumer g...

The growing global care-dependent population, which includes children, the elderly, the sick, and the disabled, will create a rapidly burgeoning market for care economy-related services. Frost & Sullivan estimates that the global care-dependent population will reach between 3.2 billion and 4.6 billion persons by 2035, representing a sizeable share ...

15 Dec 2021  |  Global  |  Market Research

North American and European Tire Pressure Monitoring System Growth Opportunities

Regulations Mandating Safety Assistance Features and the Impact of Connected Tire Telematics Technology Propel Growth

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The tire pressure monitoring system (TPMS) has been a part of vehicles’ active safety assistance features for over a decade because it improves vehicle performance and safety. TPMS is essential to monitor tire condition parameters such as inflation pressure, temperature, tire wear, and vehicle performance parameters (e.g., fuel economy, safety, and...

31 May 2024  |  Global  |  Market Research

Growth Opportunities in the Excavators and Loaders Industry, 2024 2030

Excavators & Loaders Market Long-Term Growth Driven by Electrification, Smart Equipment, and Business Model Transformation

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Excavators and loaders are versatile machines used in road and infrastructure projects, residential and commercial building construction, and mining operations. The industry has grown significantly in recent years, with a global market size of $55.68 billion in 2023. Frost & Sullivan projects a 5.2% compound annual growth rate (CAGR) to reach $79.4...

Calibration and repair services for instrumentation are witnessing greater demand due to increasing safety and quality requirements. With the proliferation of high-tech products and pervasive connectivity, this market grew steadily over the past few years to reach $1.31 billion in 2015. By 2022, revenues are expected to reach $1.85 billion at a CAG...

The global off-highway (OHW) equipment industry enters 2026 amid a complex and evolving macroeconomic environment characterized by geopolitical uncertainty, energy price volatility, and shifting trade dynamics. While the baseline outlook suggests moderate global GDP growth of about 3%, downside scenarios driven by war, supply chain disruptions, hig...