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In 2020, the global fire safety equipment revenue declined by 28.7% due to the pandemic. Cancellation and postponement of construction and inauguration of new buildings drastically reduced the revenue from new fire safety equipment installations. Nonetheless, building construction projects largely resumed in 2021, and global economic recovery led t...

29 Nov 2022  |  Global  |  Technology Research

Coatings for Carbon Capture: Technology Growth Opportunities

Carbon Emission Mitigation from Non-point Sources Drives Development of Carbon Capture Coatings

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Growing industrialization and urbanization have raised carbon dioxide in the Earth’s atmosphere from 393 parts per million (ppm) in 2012 to 414 ppm in 2022. As carbon emissions rise, so does the focus of governments and carbon capture and storage firms to develop novel strategies to mitigate carbon emissions. Regulatory bodies are expected to conti...

Current text processing solutions are capable of analyzing tabular structured data formats with numerous rows and columns that are easier to process and store. This includes names, phone numbers, and addresses. Text artificial intelligence (AI), also referred to as text mining, is a technology that uses natural language processing (NLP) to con...

The COVID-19 pandemic has significantly affected the global automation industry. Its slow recovery drives growth opportunities for companies and end users willing to capitalize on technology to overcome weaknesses in the industrial value chain. The global distributed control systems (DCS) market witnessed a revenue decline in 2020, mainly because o...

24 Nov 2022  |  Africa  |  Market Outlook

South African Diesel Genset Industry, Outlook 2025

Innovation, Integration, and Transition to Renewable Energy Sources Drive Future Growth Opportunities

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South Africa is arguably sub-Saharan Africa’s most developed economy and home to the region’s largest energy sector. However, the country’s chronic energy crisis, most evident from the frequent loadshedding, largely stems from the failure of the national power utility, Eskom, to provide reliable, constant power supply due to its ailing coal-powered...

The automation market experienced steady growth in 2017, as a result of a moderate investment climate. This research service provides key trends and predictions for the global automation industry in 2018, analyzing developments across end-user industries. The automation market is set for a paradigm shift due to digitalization in the end-user indust...

This study analyzes the current position of South America in the global commercial unmanned aerial system (UAS) market and examines how current international events will shape its development in the upcoming years. Relevant growth opportunities have been highlighted to show which market segments will experience the highest growth rate in the region...

This in-depth study of 1,934 IT decision makers was designed to measure the current use and future decision making behavior toward information technology (IT) around the globe and across verticals. More than half of the respondents were C-Level executives. IT solutions covered include Enterprise Mobility Management, eCommerce/mCommerce, Unified Com...

The Association of Southeast Asian Nations (ASEAN) will be the fastest-growing economic bloc, growing at an average real GDP growth rate of 4.4% between 2024 and 2032. This growth will significantly outpace its own 3.3% growth recorded between 2018 and 2023. A young and growing workforce, coupled with rising labor force participation, will anchor p...