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In 2025, organizations across all industries and geographies are focused on artificial intelligence (AI): specifically, how to reap the benefits while minimizing risks. The rapid evolution of AI technologies is driving investment throughout the stack: in infrastructure, processing and storage, data frameworks, cybersecurity, and AI-infused applic...

19 Nov 2020  |  Global  |  Market Research

Digital Transformation and the Internet of Things Propel the Global Heating, Ventilation, and Air Conditioning Equipment Market, 2020

Strategies Centered on Solution-based HVAC Offerings and Clean Air for the Built Environment Create New Growth Opportunities

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Frost & Sullivan estimated HVAC equipment market revenue at $102.5 billion in 2019. Revenue is expected to grow at a nominal rate through 2026 to reach $140.6 billion. Demand for HVAC products because of climate change and the need for clean air in buildings is fueling market growth. Environmentally friendly, energy-efficient systems that save mone...

The availability of digital pricing engines, the growth of online platforms, and the shift to organized platforms play a key role in market growth. Several companies, including Cars24, CarWale, CarDekho, Maruti Suzuki True Value, and Mahindra First Choice, offer various value-added services, such as vehicle inspection, free servicing, and easy fina...

The Asia-Pacific web application firewall (WAF) solutions market experienced growth at a healthy 22.4% year-over-year rate in 2019 driven by high adoption from both the on-premises and cloud-based deployment segments. Particularly for cloud-based deployment, the rapid growth of this segment will lead it to achieve parity with the on-premises segmen...

The commercialization of the space industry in recent years has led to a growing space market, established the NewSpace economy, and boosted demand for more sustainable solutions. This resulted in technological advancement across space products and, in particular, innovation within the propulsion arm of the aerospace market for launch solutions and...

This research service provides an overview of the European military helicopter market. Helicopter fleets are an essential asset for European militaries. However, maintaining them at a state-of-the-art level to ensure mission readiness requires constant investments and upgrades, often entailing the incorporation of new technologies into legacy platf...

Healthcare systems in Europe are strained because of an ageing population and an increasing number of chronic disease patients. This causes tremendous cost pressures to shift from acute-care settings to lower-cost settings—including a patient’s home. Remote patient monitoring (RPM) technology can help with this shift. This research service analyses...

This research service covers the growing North American micro liquid natural gas (LNG) opportunities for process equipment suppliers. The study covers the micro LNG development in the US market, opportunities for process equipment manufacturers, and future potential growth for the product segments and key end-user segments. Growing energy requireme...

The CALA UCaaS market exhibited strong performance in 2019, with double-digits growth in terms of users and high single-digit growth in terms of revenue. Future growth is expected and forecast in the double-digit rates zone, driven by a growing number of offerings in the market, an increasing acceptance of the cloud as a proven modality for technol...