Search results for: '20 post'

In the fast-paced global economy, a successful business must be an agile business—one that can anticipate and respond quickly to changing economic, regulatory, and market conditions. However, no one anticipated the COVID-19 pandemic, which has tested just how agile companies are. With no time to gather data, consider options, install systems, or re...

24 Jun 2022  |  North America  |  Market Research

Global Elevator and Escalator Growth Opportunities

Increasing Digitalization Bolstering Transformational Growth of the Industry in the Post-Pandemic Era

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After a highly challenging pandemic-filled 2020, the elevator and escalator market recovered in 2021 to register a global growth of 5.7% in revenues. While activity in the early part of 2021 were somewhat hampered by the pandemic, the later part of the year recovered well to post much higher growth than 2020. The recovery speed varied with the regi...

01 Sep 2021  |  Asia Pacific  |  Market Research

Australia Facility Management Growth Opportunities

Technology Adoption and Service Efficiency to Advance FM as the Economy Improves Post-pandemic

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The Australian facilities management (FM) market registered disruption due to the COVID-19 pandemic in 2020, recording negative growth. It is forecast to remain negative in 2021. Frost & Sullivan expects the FM market to record stable development in 2022 as the economy recovers and fully recover by 2025 or 2026. New infrastructure development, h...

24 Jan 2017  |  North America  |  Market Research

US Weighing Equipment Market, Forecast to 2020

Fastest-Growing Verticals are Expected to Also Become the Largest within 20 Years

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The weighing equipment market is mature but is one that has been the mainstay of business for more than 100 vendors in the United States. Growing but at a sedate pace, external influences such as regulations and changes in standards, and technological improvements in end-user industries, are expected to impact the market through 2020. This study ex...

24 Aug 2021  |  Global  |  Market Research

Global Machine Vision Growth Opportunities

High Automation Demand and Post-COVID-19 Changes in End-user Habits Drive the Market

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The global machine vision market revenue in 2020 is $10.28 billion and is forecast to record a 6.4% CAGR between 2020 and 2025. The market took a major hit in 2020 due to the COVID-19 pandemic, with sales declining 4.6% from 2019. However, Frost & Sullivan expects that market to register 3.8% growth in 2021. Positive trends in pharmaceuticals, food...

Digital certificates and the underlying public key infrastructure (PKI) are embedded in many aspects of daily digital communication extending well beyond the traditional use case of leveraging SSL/TLS certificates to secure public-facing websites. In a hyperconnected world, digital certificates provide confidence in use cases ranging from authentic...

The European facility management (FM) market suffered a significant shock due to the COVID-19 pandemic. However, the market is bouncing back, with future growth focused on technology and sustainability. The industry is undergoing a major transformation, driven by technology innovation, new business models, emerging value propositions, competitive d...

The machine vision market for the electronics and semiconductor industry is highly competitive, with a mix of international players and small and mid-sized component manufacturers. Several smaller players or startups innovating in specific segments, such as lenses, software, and artificial intelligence (AI) in machine vision systems, are also prese...

28 May 2021  |  Global  |  Megatrends

Transformative Mega Trends Enabling Lights Out Manufacturing

Post-pandemic Manufacturing Shifts will Usher Future Growth Potential of ‘Lights Out’ Environment

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Key Issues Addressed

The COVID-19 pandemic has not only hindered global manufacturing output but has also hastened the shift toward Industry 5.0. Digitalization and automation are rapidly shaping business strategy, with nearly 90% of companies embracing digital transformation in the short term. In an effort to become more resilient and shock-proof, manufacturers, espec...