Search results for: 'pfnt growth captur'

Materials science is at the core of every industry, as its innovations will lead to more sustainable manufacturing practices. In this study, we explore sustainable materials, their types, and the innovation observed across several industries. Sustainable materials are classified as follows: 1) Organic Material 2) Natural Biodegradable Polym...

This Frost & Sullivan research service focuses on US Department of Defense (DoD) command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) budget spending. The study includes research, development, test, and evaluation (RDT&E); procurement; operations and maintenance (O&M); and other services. C4ISR spe...

In 2024, the industrial automation and manufacturing sectors will experience a transformational growth journey propelled by state-of-the-art technological advancements and changing dynamics shaped by a complex economic landscape, geopolitical tensions, supply chain disruptions, labor market and workforce issues, stringent regulatory requirements, a...

HVAC systems have been witnessing a major transformation with the inclusion of novel technologies, including IoT and artificial intelligence/machine learning. These technologies offer various benefits and improvements for legacy HVAC systems, such as improved efficiency, remote monitoring and control, energy savings, and reduced carbon emissions. ...

This Frost & Sullivan research service provides the reader with an overview of the current state and key trends in Russian eCommerce. It showcases Russia as one of the fastest-growing and most-promising eCommerce markets in the world. Acknowledging the attractiveness of Russian eCommerce in recent years, the research service provides a perspective ...

23 Aug 2022  |  Global  |  Market Research

Growth Opportunities for Digital Twins in Manufacturing

Next generation Digital Twins Enabling Transformational Growth in Industrial Manufacturing

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Key Issues Addressed

Digital twins (DTs) are not a novelty. Different industry verticals have been benefiting from DTs for decades. However, technological enablers such as artificial intelligence, blockchain, and 5G are expanding the limits of DTs and opening up the concept. The next generation of plants and factories are starting to demonstrate success in complementi...

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...

The global approach to sustainability and circular economies hinges on increased efficiency, fit-for-purpose solutions, and greater transparency with data sharing to enable meaningful actions. Digitalization will figure largely in this transition, enabling data integration for measuring, managing, verifying, and communicating actions as well as for...

Generating energy, specifically renewable natural gas (RNG), from landfill gas (LFG), is an opportunity that has been gaining momentum in recent years. In 2018, the United States generated 292.4 million tons of waste, 146.1 million tons of which were sent to landfills. These landfills are one of the main emitters of methane, a greenhouse gas with a...