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As autonomy becomes the key objective of industries across the globe, artificial intelligence (AI) and machine learning (ML) systems too are being driven to adopt a more decision making role with an objective to find and implement the most effective methods of executing business goals. A key area of interest for businesses is to implement ML system...

11 Dec 2023  |  Global  |  Market Research

Global Grid Equipment Growth Opportunities

Electrification and Decarbonization Trends Drive Future Grid Investments

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Rising electricity demand complemented by sustained scaling up of renewable energy worldwide will boost investments in power transmission and distribution (T&D) infrastructure and grid assets, including transformers, switchgear, and cables. Frost & Sullivan expects the global grid equipment market revenue to reach $232.74 billion in 2030, with cabl...

25 Aug 2021  |  North America  |  Market Research

Global Centrifugal Pumps Growth Opportunities

Shift toward Sustainable Energy and Technology-enabled New Business Models Drive Future Growth Potential

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There is increasing emphasis on curbing carbon emissions and moving toward sustainable industrial practices worldwide. Governments, organizations, and end users are evaluating different ways to reduce emissions, with the energy sector focusing on green strategies to drive the next decade of innovation. As the COVID-19 pandemic causes severe uncerta...

The facility management (FM) market in Thailand is still developing, and various opportunities linked to expanding economic sectors, such as industrial and healthcare, support its growth, along with end-users’ increasing maturity. As the outsourcing culture gains wider acceptance and the market continues to expand in response to infrastructure inve...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in direct drive technology for wind energy, N-type TOPCON photovoltaic module technology, proton exchange membrane fuel cells, solar thermal power generation, modular molten salt reactors, hard carbon-tin composite battery anodes, and alkaline battery sy...

Advancements in sensor technologies have facilitated the emergence of connected living. The development of sensors that detect multiple parameters enables the Internet of Things (IoT), which is communication between devices. However, sensors as a standalone device would not be able to play a vital role in the IoT space as only partial data would re...

Orthopedic procedures spans the spectrum from diagnosis to surgery, from implants to exoskeleton devices, and from a technology perspective, from biomaterials to digital innovations improving orthopedic outcome. TechVision's latest research service provides an overview of the innovations that are propelling the orthopedics industry along devices, i...

This industry insight covers the opportunity for 5G in relation to the industry-wide adoption of virtual reality (VR) and augmented reality (AR) technology in select use cases. The insight seeks to answer the following questions: What is the status of global 5G deployments? How will 5G help VR/AR technology applications? What are the challenges and...

The current slowdown in the mining sector and significant reduction in budgets across public sector agencies will have a dampening effect on FM demand. The Australian FM market is driven primarily by construction activity levels, demand for maintenance and refurbishment services, and a strong case for outsourcing. This study uses Frost & Sullivan's...