Search results for: 'knowledge driven intelligent tools'

16 Dec 2022  |  North America  |  Market Research

North American Class 3-6 Driveline Replacement Aftermarket Growth Opportunities

Competitive Intensity is Driving Aftermarket Growth

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Frost & Sullivan's study on the class 3–6 driveline replacement aftermarket in North America forecasts market size through 2028; the base year is 2021, and the study period is from 2018 to 2028. The study analyzes key class 3-6 driveline replacement trends in the aftermarket. Market forecasts are derived from miles driven, usage patterns, replaceme...

15 May 2023  |  North America  |  Market Research

The North American Class 1–3 Air Suspension Replacement Aftermarket Growth Opportunities

Luxury Vehicle Segment Will Ensure Future Growth Potential of Air Suspension Replacement

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: Frost & Sullivan's research analytics on the class 1–3 air suspension replacement aftermarket in North America forecasts market size through 2029; the base year is 2022, and the study period is from 2019 to 2029. It analyzes key class 1-3 air suspension components, including air springs, air struts, and air compressors. Market forecasts are deriv...

The $953 million APAC video conferencing devices market is undergoing fundamental shifts due to massive work and workplace transformation. In 2023, most customers took a measured approach to video-enabling meeting rooms due to budget rationalization and reassessment of investment priorities in the post-pandemic workplace. Adverse macroeconomic cond...

Frost & Sullivan estimates the global HVAC equipment industry at $229.85 billion in 2023 and is projected to grow at a 7% CAGR in the forecast period. The HVAC industry is undergoing a transformation that emphasizes energy efficiency, sustainability, and evolving customer demands in a post-pandemic world. HVAC systems offering real-time monitor...

Demand for advanced battery management systems (BMS) is increasing in line with the growth of electric vehicles (EVs). This is primarily driven by the rapid adoption of Zero Emission Vehicles (ZEV) to achieve their net zero emission targets. As of 2023, BMS makes up 8% to 9% of the total EV price, which is expected to increase significantly over th...

With persistent geopolitical tensions and the resultant trade fragmentation continuing to shape the global economy, policy priorities among countries advanced and emerging are shifting toward macroeconomic frameworks that will insulate them from external shocks. Incremental reforms that support sustainability and Industry 5.0 practices will have pr...

Global grid-scale battery energy storage system (BESS) deployment experienced unprecedented growth in 2023, expanding 159.5% from 2022. The year 2024 will break another record in new installations, with deployments of 41.84 GW/104.67 GWh. BESS has rapidly become the fastest-growing clean energy technology, driven by the growth of wind and solar ...

13 Sep 2024  |  Global  |  Market Research

Growth Opportunities in the Data Acquisition Market, Global, 2021 2028

Fast Industrial Internet of Things Adoption is Driving Transformational Growth and Demand for Data Acquisition

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In modern business operations, data is an essential factor in making crucial decisions. The drivers that contribute to the growth of the data acquisition (DAQ) market share a common thread the need for more data analysis at every stage, from design to manufacturing and operations. Powerful factors drive this market, such as the widespread adoption ...

The Asia-Pacific (APAC) integrated facility management (IFM) market has experienced steady growth, primarily driven by developing economies. While mature markets have shown slower progress, the overall trend is positive. Strong regulatory support, particularly from the public sector, and a growing emphasis on energy efficiency have fueled IFM ad...