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In 2020, the global fire safety equipment revenue declined by 28.7% due to the pandemic. Cancellation and postponement of construction and inauguration of new buildings drastically reduced the revenue from new fire safety equipment installations. Nonetheless, building construction projects largely resumed in 2021, and global economic recovery led t...

Globally, the commercial aviation industry emphasizes sustainability, with aircraft OEMs focusing more on developing energy-efficient aircraft. They also aim to increase electrification on aircraft and make them compatible with sustainable aviation fuel. In the commercial aircraft manufacturing market, the barrier to entry is high due to the sub...

This edition of the Cyber Security Technology Opportunity Engine (TOE) highlights breakthrough innovations across AI-driven threat detection, extended detection and response (XDR), behavioral analytics, deception technologies, and human-centric security platforms. Notable developments include GenAI agents for autonomous threat sweeping, post-quantu...

Data-driven materials informatics is transforming the discovery and development of advanced materials, enabling faster innovation across polymers, coatings, and catalytic systems. By integrating experimental data, computational simulations, and AI and ML models, these platforms enable predictive design, efficient formulation optimization, and accel...

Military intelligence (MILINT) AI is a growing phenomenon that generates conceptual transformation in future battlefield concepts of operations (ConOps), gathered by demand for AI-analytics-based sensors paradigm. It increases intelligence resources in defense budgets, and becomes a strategic national asset that reflects deeply international superp...

The Transformational Health team at Frost & Sullivan provides critical insights into the US and EU upstream bioprocessing market, highlighting drug demand trends, installed capacity developments, market revenue forecast by various segments, competitive landscape, and key growth opportunities that currently exist or are set to develop during the for...

The global oil and gas market is currently going through an unprecedented transformation, triggered by efforts to reduce carbon emissions and rely on more renewable and environmentally friendly energy sources. The digitalization and automation of processes accompanying this shift represent enormous opportunities, and the market is poised to witness...

Because of the increasing population, land acquisition costs are increasing, which presents a challenge for the conventional land-based solar power industry. Floating solar photovoltaics (FSPVs), also known as floatovoltaics, do not require land and will play a major role in the renewable industry in the coming years. FSPVs float on bodies of water...

12 Jun 2023  |  Global  |  Market Research

Global Oil and Gas Industry Automation Growth Opportunities

Disruptive Technologies Driving Efficiency, Safety, and Sustainability in Upstream Operations

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The global oil and gas market is currently going through an unprecedented transformation triggered by efforts to reduce carbon emissions and rely on more renewable and environmentally friendly energy sources for the future. The digitalization and automation of processes accompanying this shift represent enormous opportunities, and the market is poi...