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Smarter building infrastructure is expected to play a very important role in reducing the amount of energy required by the building stock globally. European Commission estimates that the energy needs of buildings in Europe corresponds to approximately 40% of the total energy generated in Europe and EIA estimates the energy consumed by the commercia...

02 May 2022  |  Global  |  Market Research

United States Transportation Growth Opportunities

Shared Mobility Services, Public Transit Electrification, Multimodal Connectivity, and Autonomous Mobility to Spur Transformational Growth

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The United States provides fertile ground for stakeholders in the transportation sector to develop, adapt, and implement futuristic transportation technologies. The country is the pioneer of ride-hailing services and has one of the most forward-looking regulatory landscapes for autonomous vehicle development, testing, and deployment. Many autonomou...

The global shipping industry alone emits approximately 1000 million tones of (CO2) annually according to the International Maritime Organization (IMO) and the European Commission. This level is expected to increase by approximately 50% to 250% by the year 2050. IMO has been framing policies and developing capacity building programs to reduce the e...

With the global focus on optimizing commuters’ safety, there is high demand for technologies providing 360-degree view of surrounding vehicles to reduce accidents. An autonomous vehicle is poised to witness adoption of breakthrough sensing solutions such as solid-state LiDARs for depth sensing and Blockchain for data security. Autonomous vehicles...

Frost & Sullivan’s research service assesses the size of the global medium- and heavy-duty (MD and HD) truck parts and services aftermarket and its growth opportunities from 2022 to 2027. This global study highlights major Class 4–8 truck aftermarket trends with specific regional analysis into North America, Latin America, Europe, Asia-Pacific, and...

World Health Organization statistics state that by 2030, one out of six people will be 60 years of age or more. The aged population will likely increase from 1 billion in 2020 to 1.4 billion in 2030 and 2.1 billion by 2050. The senior population typically experiences a gradual decrease in physical and mental capacity. This causes a high disease and...

The global building construction market saw a decline in output in 2020 due to the COVID-19 pandemic. However, following the reopening of economic activities in 2021, market recovery in many countries resulted in an extraordinary growth of 14.7% that year. The market will register a CAGR of 5.8% from 2022 to 2028. Three major strategic imperatives...

The machine vision market for the electronics and semiconductor industry is highly competitive, with a mix of international players and small and mid-sized component manufacturers. Several smaller players or startups innovating in specific segments, such as lenses, software, and artificial intelligence (AI) in machine vision systems, are also prese...

Optical wireless communication (OWC) technologies, such as visible light communication (VLC) and free space optics (FSO) utilize visible spectrum wavelength for high-speed data communication, easing the congestion in lower radio frequency bands that are typically used for wireless communication. With advancements in technologies, OWC is capable of ...