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This Frost & Sullivan insight provides a neat overview of the UK’s balancing services, with an astute focus on battery energy storage technology. This insight comprises analysis of the markets that are relevant to it. To begin with, an optimal balance between supply and demand is critical for any electricity grid to function at peak performance. Fr...

The shared mobility industry is poised to grow as the shift from private cars to multimodal solutions continues. Though the shared mobility market was battered by the pandemic in 2020, operators quickly re-aligned their business models and emerged stronger. While all segments have rebounded, two have recorded explosive growth in the last 2 years—D...

Globally, the security industry serves customers involved with emergencies and natural disasters. These critical events have prompted drone vendors to accelerate the development of new technologies that can help mitigate disastrous situations. Hurricanes, earthquakes, fires, hostage situations, collapsed buildings, and diving missions are among the...

A digital transformation wave is being experienced across almost every industry. Industries are forming partnerships to develop solutions by utilizing diversified areas of expertise, and exploring new business models. This transformation demands new requirements on connectivity and is setting the stage for the next generation of wireless access tec...

The used premium car sector represents almost 3% of the Mexican used car market; it expanded in the last few years due to global scarcity of materials and auto parts, an absence of new premium vehicles, and increasing prices. In Mexico, most used premium vehicle local transactions are informal due to pricing offered to clients and less bureaucr...

Medicine production supply chains are currently operating under huge stress due to the war in Ukraine, COVID-19-related disruptions, logistics bottlenecks, and inflation. An energy-related shutdown of production would have a detrimental effect on the supply of critical medicines to patients in the EU and worldwide. The excessive amount of pressure ...

Frost & Sullivan s Nutrition & Wellness (N&W) program area tracks the ingredients and related technologies associated with agriculture, personal health, and well-being. These ingredients include agrochemicals, food additives, human and animal nutrition ingredients, and functional and active ingredients for personal and home care applications. Th...

The industrial machinery manufacturing sector registered strong growth in 2023, aided by increased consumer demand and the launch of new technologies and products. Increased collaboration between machinery OEMs, automation, and the Internet of Things (IoT) vendors is expected to help industries such as water and wastewater, chemicals, and oil and g...

30 Nov 2015  |  Global  |  Market Research

Analysis of the Global Material Testing Equipment Market

Pushing Though Despite Economic and Technological Obstacles

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Owing to concerns over the global economy, the material test equipment market has witnessed a gradual slowdown. However, a strong performance from the automotive industry is expected to revive this industry in the mid-term of the forecast period. The rate of technological evolution of these systems still remains a concern. As manufacturing graduate...