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The global building automation system (BAS) market is undergoing a significant transformation. The rapid increase in the digitalization of buildings has resulted in a spurt in demand for smart building management solutions and BASs. These technologies are causing significant disruptions, driving a shift away from traditional building administration...

The homes and buildings industry experienced a solid 7.2% growth in 2023, driven by increasing demand for facility management services, smart home devices, transition towards energy-efficient HVAC systems, tech-driven building optimisation solutions, and construction management solutions. This growth was further propelled by the increasing adoption...

12 Jun 2024  |  Global  |  Market Outlook

Global Oil and Gas Industry Outlook and Growth Opportunities, 2024

Transformative Megatrends Drive Oil and Gas Companies to Digitize and Implement Decarbonization Initiatives

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The global energy industry is undergoing an unprecedented transition, bringing exciting new growth opportunities to the oil and gas (O&G) industry. However, shifting to a net-zero future for carbon emissions means many companies struggle with pricing, energy security, and industry disruption. As the industry moves to meet decarbonization and sus...

The global usage-based insurance (UBI) market is experiencing a transformative shift, driven by the rapid adoption of connected technologies and data-driven insights. Traditional insurance models have struggled to keep pace with the evolving automotive landscape, where driver behavior and vehicle usage patterns are becoming more integral to risk as...

Battery energy storage systems (BESS) are crucial in enabling the energy transition. Their deployment is essential to providing electricity systems' flexibility to support higher electrification, relying primarily on variable renewable energy (RE) sources. At the behind-the-meter (BTM) level, batteries are also increasingly recognized as a critical...

26 Dec 2024  |  Global  |  Market Research

Construction and Mining Equipment Electrification Industry, Global, 2024-2035

Sustainability Targets are Driving Transformational Growth

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Electrification in the construction and mining industry has grown significantly in recent years, with the global market size of original equipment manufacturers reaching $241.2 billion in 2023. Unit sales in electric and hybrid models reached 59,909 units in 2023, and Frost & Sullivan projects a 16.5% compound annual growth rate (CAGR), reaching 37...

This Frost & Sullivan analysis examines the botanical extracts market in the nutraceutical and personal care sectors by type, application, and region.In the nutraceutical sector, the market is segmented by type into extracts such as ashwagandha, Boswellia serrata, Ginkgo biloba, elderberry, ginseng, cranberry, psyllium, curcumin, milk thistle, acer...

Soil health has been a key determinant of food production since the invention of agriculture. However, the pressure to produce more food from that soil has intensified, as the global population has increased.Advances in farming technology, especially fertilizers, have allowed food production to increase sufficiently to feed the growing global popul...

The Indian logistics industry is fragmented and under developed. Logistics costs are relatively high due to poor physical and communication infrastructure; high dwell time at ports; low levels of containerization; and a multi-layered tax system contributing to significant delays at border crossing points. Development of transportation and logistic...