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This report examines the key strategic transformations shaping growth in the construction materials industry throughout 2026 and beyond. It analyzes the impacts of geopolitical instability on supply chains, resulting in cost volatility, increased localization of production, and diversification of raw material sourcing. Sustainability, as a prevalen...

In the realm of technological progress, artificial intelligence (AI) has emerged as a transformative force with the potential to reshape industries of the future. 89% of enterprises believe Generative AI technology will be a disruptive technology for enterprises to create strategic market differentiation. As AI evolves, its profound impact on bus...

20 Aug 2021  |  North America  |  Frost Radar

Frost Radar™: Communications Platforms as a Service Industry, 2021

A Benchmarking System to Spark Companies to Action—Innovation that Fuels New Deal Flow and Growth Pipelines

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Frost & Sullivan defines Communications Platforms as a Service (CPaaS) as any cloud-based platform that enables developers to programmatically embed voice, video, chat, and messaging services within their business or consumer applications. In nearly all cases, the embedded communications and collaboration services leveraged through a CPaaS are a fe...

5G with low latency and greater bandwidth accelerates the rate of data download, enabling the of use real-time data in the industrial operations. Images and data can be downloaded much faster with 5G integrated IIoT devices. As the result, data can be easily shared remotely. Connected factories: High speed data sharing is achieved using 5G integra...

Lubricants are typically employed to reduce friction between interacting components, serving a crucial function in preventing equipment malfunctions and operational disruptions across diverse industries. From 2020 to 2023, global lubricant consumption registered slow growth. Owing to restrictions during the COVID-19 pandemic, many industries observ...

Welding is a versatile and essential fabrication process that uses heat to join metals together, either similar or dissimilar metals. Unlike brazing and soldering that use a lower temperature to metal fusion, welding technologies operate at very high temperatures. Welding is the most-used fabrication technique across all industry verticals. With f...

04 Dec 2024  |  Global  |  Market Research

Residential Heat Pump Industry, Global, 2024-2035

The Need to Decarbonize Residential Buildings is Driving Transformational Growth

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The global residential heat pump (HP) market is forecast to reach 17.0 million units by 2035, up from 7.6 million in 2024. Market definitions are important to the market forecast, and Frost & Sullivan excludes the sale of HPs for air conditioning. Market revenues are forecast to reach $80.43 billion by 2035, at a CAGR of 8.5% from 2024 to 2035. As ...

The global low voltage (LV) and medium voltage (MV) commercial & industrial (C&I) transfer switch industry is expected to experience sustained growth between 2025 and 2035, driven by datacenter and digital infrastructure build out, the need for on-site back-up power, electrification of industries and industrial load and the integration of renewable...

In 2026, the global ADAS and autonomous driving market is transitioning to standardization, with Level 1 and Level 2 features becoming baseline across vehicle segments. This shift is driven by regulatory frameworks in North America and Europe, along with rising consumer demand for vehicle safety in emerging markets such as India and Southeast Asia....