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08 May 2023  |  Europe  |  Market Research

Global Asset Performance Management Market Forecast

Next Generation Real Time Technologies Driving Transformational Growth in Industrial Environments

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Key Benefits

An increasingly competitive and regulated industrial environment is forcing all industry verticals to partner with strategic asset performance management (APM) providers to effectively manage costs and risks in today´s volatile business climates. The APM market, with $1,584.9 million in 2022, is one of the fastest-growing automation product lines. ...

This research is an overview of program funding and contract activity for the United States (U.S.) Department of Defense (DoD) Radar (Radio Detection and Ranging) programs and activities. Radar technology transmits radio waves which bounce off objects in their path and are used to determine the range, altitude, direction, and speed of both moving a...

The emergence of Industrial Internet of Things (IIoT) technologies has accelerated the process of digital transformation across various end-use industries. There is a growing need to monitor, measure, analyze, and manage the failure of assets as a part of digital transformation initiatives. Asset-intensive industries have been grappling with consta...

Asset performance management software solutions use asset-related data, predictive analytics, and Industry 4.0 technologies to anticipate failure or life of an asset and to recommend a maintenance solution that will improve the reliability of the asset. End users in the process industries acknowledge the effectiveness of deploying an APM suite of s...

Opportunities for imaging radars are largely driven by the needs for high precision and high resolution imaging required in land surveillance for assessment of vegetation, topography, hydrology in turn enabling governments or influencing organizations make informed decisions. A key area where imaging radars are finding extensive adoption is for us...

The Earth observation (EO) sector is undergoing a significant transformation, driven by rapid advancements in radar, optical, and laser sensor technologies. These developments are reshaping the landscape of satellite-based monitoring, offering unprecedented capabilities for various industries. Central to this transformation is the integration o...

Automotive perception sensors based on cameras, LiDAR, ultrasonics, and conventional 2D radars have come far in their detection, range, resolution, and processing capabilities but still have inherent limitations. High deployment costs and the inability to detect in adverse weather conditions, see through solid objects, or meet other safety requirem...

The Microelectronics Technology Opportunity Engine covers innovations pertaining to Silicon Photonics, GaN, Radar and Neuromorphic Edge AI.The Microelectronics Technology Opportunity Engine captures global electronics-related innovations and developments on a weekly basis. Developments are centered on electronics attributed by low power and cost, s...

Concerns about climate change and carbon emissions have put enormous pressure on nations to reduce emissions and move toward carbon neutrality. Decarbonization of industry, transport, heating, and energy has become imperative, and stakeholders must act now to reach climate targets and prevent further damage to the environment. The global electro...