Search results for: 'Energy and Power Systems TechVision Opportunity Engine'

The emergence of Industrial Internet of Things (IIoT) technologies is leading to increased adoption of smart sensors, intelligence field devices, intelligence I/O modules, wireless technologies, cloud computing, and smart mobility. With the growth of the IIoT and smart plant technologies, there will be a larger role for IT service providers to play...

Growing safety concerns will drive the market for emergency lighting in India and will encourage innovation in higher technologies such as flame-proof specification, healthy competition through competitive pricing and efficient energy use through LED lamps. Soaring construction and development activities in shopping malls, theatres, airports, infor...

Frost & Sullivan defines CDN providers as companies that offer service-based technology and products that enable the delivery of content from their servers to the end user on the public Internet CDN vendors largely have proprietary infrastructure and use a combination of servers, network routing, and intelligent software to enable the delivery of c...

The sophistication of cyber threats, the growing attack surface, and the cybersecurity talent shortage are the strongest drivers of demand for managed security services. In addition, there is an overdue need for organizations to transform their security practices. An outsider with experience in serving multiple clients across several verticals is w...

This Frost & Sullivan report examines the key trends prevailing in the global electronic test and measurement (T&M) software market. The demand for software-based testing is increasing as it is cost-effective, has simulation capabilities, and requires only limited technical expertise. The focus in the market is on both organic and inorganic growth....

26 Dec 2024  |  Global  |  Market Research

Construction and Mining Equipment Electrification Industry, Global, 2024-2035

Sustainability Targets are Driving Transformational Growth

Infographics

×

Electrification in the construction and mining industry has grown significantly in recent years, with the global market size of original equipment manufacturers reaching $241.2 billion in 2023. Unit sales in electric and hybrid models reached 59,909 units in 2023, and Frost & Sullivan projects a 16.5% compound annual growth rate (CAGR), reaching 37...

Energy use in the construction industry is high. Additionally, the heavy machinery used in construction still leans heavily on fossil fuels, and inefficient electricity use can lead to huge waste of fossil fuels further down the energy supply line. This creates the demand for sustainability drives in the building and construction industry. Sustaina...

Orthopedic implants replace or strengthen a damaged, painful, or deformed bone, cartilage, or joint and restore mobility and flexibility in patients with bone conditions. The demand for orthopedic implants is growing with the increasing number of orthopedic surgeries being performed every year. This is mainly due to the prevalence of musculoskeleta...

This study conducts a detailed assessment of the impact of the new axle load norms on the commercial vehicle (CV) Industry in India. The new norms, applicable from16 July 2018, are meant to bring gross vehicle weights (GVWs) in India at par with that of other global markets. The government believes this will help restrict the vehicle population in ...