Search results for: 'security system'

The rising demand for faster and more secure transactions along with full transparency has made Blockchain one of the fastest growing technology markets in the world. Banks and technology providers are investing heavily in R&D activity related to verifying and recording finance transactions. Also, major US technology companies such as IBM, Microsof...

In May and June 2023, Frost & Sullivan conducted a global survey of network decision makers to understand businesses perceptions and purchasing decisions regarding software-defined wide area network (SD-WAN) and secure access service edge (SASE). This report examines responses from Latin American (LATAM) businesses of various sizes across vertical...

The non-destructive testing (NDT) market is undergoing transformational growth, driven by several emerging opportunities. This Frost & Sullivan report identifies and analyzes the top 10 strategic imperatives influencing the future of this market. Geopolitical chaos, characterized by political instability in certain regions, significantly impacts ND...

The semiconductor industry is approaching the physical and economic limits of traditional lithography, driving the emergence of next-generation patterning technologies essential for scaling beyond 3 nm and into the sub-2 nm era. This report explores the technological evolution, ecosystem enablers, and strategic implications of next-gen lithography,...

This study focuses on the transformative impact of extended reality (XR) and its evolution in the global automotive industry from 2025 to 2031. XR encompasses virtual reality), augmented reality, and mixed reality. It has been driving a paradigm shift across the value chain, enabling immersive design, accelerated prototyping, and enhanced customer ...

Strong renewable energy growth, aging grids, industrial electrification, increasing regional interconnections, and power loads from data centers have collectively driven growth in power transformers. More than 30% of large power transformers have been in operation for more than 30 years, creating high replacement demand. A lack of available manufac...

This report examines how decentralized clinical trials (DCTs), enabled by blockchain, digital twins, and artificial intelligence, are reshaping global clinical research. It traces the shift from site-centric to patient-centric models and quantifies the growing scale, globalization, and complexity of clinical trials that make decentralization necess...

Demand for seamless connectivity in the automotive sector is advancing technology innovations beyond in-vehicle boundaries to connect with other vehicles and surrounding infrastructure (entities such as traffic management, infrastructure control systems, home, grid, and cloud systems), heralding the future of vehicle to everything (V2X). This re...

09 May 2025  |  Global  |  Market Research

Solar PV Inverter Industry, Global, 2024–2035

Record Investment Levels in Solar PV Drives Solar Inverter Revenues

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Solar PV accounted for 45% of all power generation investment in 2024, and it is forecast to maintain this throughout the next decade. Inverters are one of the key components within a PV system, accounting for anywhere from 5% to 15% of the total system value, depending on the end customer segment. This study assesses the global market potential an...