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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...

24 Jan 2022  |  Global  |  Market Research

Global X-ray Inspection Systems Growth Opportunities

Industry 4.0 and Compliance with Highly Demanding Standards Create New Opportunities for Innovation in Non-Destructive Industrial Inspection

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The global x-ray inspection system market is forecast to register an approximate 9.6% CAGR from 2021 to 2026. The report follows a specific methodology that includes discussions with senior management of x-ray inspection system manufacturers supported by secondary research. The x-ray inspection systems market, generating $276.2 million in 2...

NDT stands for non-destructive testing, and as the name suggests, the equipment is used to test a material’s properties without destroying its present or prospective usefulness.This analysis examines the key trends in the global NDT equipment market and identifies the factors that drive and restrain market growth. With 2024 as the base year, this i...

As Europe battles unequal growth and environmental, economic, social, and political challenges, Britain has chosen to fight its challenges alone. This study puts forth a hypothetical timeline to the events that might unfold in the next five years and examines the potential trade models that may come to reality between Britain and the European Union...

The distribution infrastructure and delivery sector is undergoing a profound transformation, driven by the explosive growth of digital content consumption, the proliferation of edge computing, and the relentless evolution of security threats in an increasingly interconnected world. The focus in this sector has shifted from simply moving data effici...

Biometric identification and authentication is well positioned to complement and potentially replace existing traditional verification processes such as those using pins and passwords, security questions, and even personal identity verification. The role of biometrics is becoming more important now that the industry is heading towards becoming mobi...

The age of Big Data Analytics has completely shifted how businesses collect data, manage internal operations, and enact many business decisions. These are now based on direct customer data and observed trends rather than guesses or estimates of business needs from indirect observation. Big Data Analytics applications have accordingly changed how an...

The North American managed SD-WAN market continues to grow as enterprises seek flexibility and control over their network technologies, especially in distributed and branch configurations. SD-WAN technology delivers intelligent routing and security functionality via centrally managed software, simplifying deployments, optimizing network costs, and ...

29 Sep 2021  |  Global  |  Market Research

Global Auxiliary Power Unit Growth Opportunities

All-electric Auxiliary Power Units to Drive Sustainable Aviation and Strategic Partnering

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The global auxiliary power unit market is headed toward delivering solutions that will help aircraft become more fuel efficient and involve a lower total cost of ownership. This Frost & Sullivan analysis of the market provides a 10-year forecast from 2020 to 2030. The total market was worth $2.04 billion in 2020 and, considering the impact of the C...