Search results for: 'next 2030'

Software-defined automation (SDA) represents a paradigm shift in industrial and manufacturing control systems that addresses traditional operational technology (OT) architectures' limitations. As proprietary, hardware-intensive automation systems reach the end of their life cycles, they increasingly hinder innovation, scalability, and adaptability ...

Rapid urbanization is increasing demand for low voltage switchgear (LVSG) solutions, especially in high-growth markets such as the Asia-Pacific and the Middle East and Africa. The growth of cities and the rise in investment in smart grids and electrification are contributing to the demand for advanced LVSG solutions that are energy efficient, modul...

The refrigeration equipment market is in a new era, fueled by disruptive technologies, transformative megatrends, and competitive intensity. With the increasing cost of energy and the stricter environmental regulations, the Internet of Things (IoT), artificial intelligence (AI), and cloud computing are making refrigeration systems smarter and more ...

This research service provides a snapshot of the Saudi Arabian economy by examining the country’s growth conditions and key policies. Following a steep economic contraction in 2020 on account of the COVID-19 pandemic, Saudi Arabia recorded a rebound of around 8.7% in 2022. Robust growth in non-oil sectors such as manufacturing, transport, governmen...

28 Feb 2020  |  Global  |  Market Research

Future Business Models of Autonomous Vehicle Services, 2030

The Global Autonomous Vehicle Service Market is likely to Reach $203 Billion by 2030

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OEMs, who have been traditionally maintaining industry leadership and also tight control over the ecosystem, have realized that the ongoing shift towards holistic mobility solutions presents a substantial threat to their position and dominance. They have also realized that the emergence of autonomous vehicles will not only disrupt the way we travel...

•The demand for data storage technologies stems from the need to efficiently and quickly process large data sets in critical applications such as Big Data, AI, and IoT. Over the years, data storage technologies have evolved on the back of advancements in the components used in storage devices and technologies. •The key factors driving the growth ...

The programmable power supply (PPS) market is expected to witness a medium-to-high growth rate during the forecast period (2025-2030), driven by factors such as demand for devices that can provide stable and clean power, consumer demand for high-quality products tested under various conditions, and stringent regulations to ensure compliance with st...

The Asia-Pacific (APAC) B2B digital payments market is experiencing rapid transformation, driven by surging digital adoption, advancements such as API standardization (e.g., ISO 20022 and Open API frameworks), and regulatory harmonization for payment interoperability (e.g., ASEAN payment connectivity and India’s Unified Payments Interface [UPI]). K...

With the growing demand for electric vehicles (EVs) and renewable energy storage systems, the need for high-performance batteries is increasing. The shift toward improved battery technologies with higher energy density, longer lifespan, and increased safety is pushing technical advancements in next-generation (next-gen) battery material technologie...