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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...

The global medical plastics market includes commodity thermoplastics (CTP), engineering thermoplastics (ETP), thermoplastic elastomers (TPE), thermosets, and high performance polymers (HPP). By end-product family type, the market has been divided into devices, equipment and instruments (DEI), prosthetics & implants (P&I), and healthcare packaging (...

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 ...

22 Jan 2020  |  Global  |  Market Research

Artificial Intelligence (AI) in the Global Freight Transportation Industry, Forecast to 2025

AI Plays an Important Role in Creating an Intelligent Operational Network, Enabling Transformational Growth Strategies in the Global Freight Transportation Industry

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This study analyses the key trends and applications of artificial intelligence in the freight transportation industry by mode of transport i.e. road, rail, air, and ocean freight transportation. This research also analyses the disruptive impact of artificial intelligence on freight transportation business operations and discusses its adoption prosp...

17 Jan 2023  |  Global  |  Market Research

Analysis of Mergers & Acquisitions in the Global Vehicle Leasing, Rental, and Subscription Industry

Leasing Contributed Top 3 M&A Deals in 2021 with Total Transaction Value of $59.7 Million

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Vehicle leasing solves several challenges associated with organizations’ mobility needs, such as vehicle funding, fleet maintenance, and residual value risk. To concentrate their focus on core products and services, businesses do well to outsource support activities related to mobility, from purchasing new fleet vehicles to remarketing used ones. U...

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....