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26 Dec 2024  |  Global  |  Market Research

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

Sustainability Targets are Driving Transformational Growth

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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...

Non-destructive testing (NDT) is the process of inspecting, testing, or assessing materials, components, sub-assemblies, and assemblies for defects (surface and sub-surface level defects) that can compromise product quality and/or cause premature product failures. Industries (process and discrete) have used NDT for decades to ensure the quality of ...

This Frost & Sullivan report analyzes trends in the global battery manufacturing industry that present market opportunities for pumps and valve vendors. It provides insights into the types of pumps and valves utilized in battery manufacturing, as well as the sustainability initiatives implemented by key market participants. It also identifies speci...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in AI-driven energy forecasting, aqueous redox batteries, high-density fusion reactors, high-performance graphite electrodes, high-pressure hydrogen storage, fuel-flexible microturbines, and eletrolyzers, among others.The Energy and Power Systems TOE pro...

Demand for advanced battery management systems (BMS) is increasing in line with the growth of electric vehicles (EVs). This is primarily driven by the rapid adoption of Zero Emission Vehicles (ZEV) to achieve their net zero emission targets. As of 2023, BMS makes up 8% to 9% of the total EV price, which is expected to increase significantly over th...

This edition of the Cyber Security Technology Opportunity Engine (TOE) showcases emerging cybersecurity innovators advancing AI-powered security, identity and access management, data security, threat exposure management, blockchain security, cyber incident response, network protection, and agentic AI security. The edition highlights technologies ad...

The well-established global motive lead acid battery market is expected to witness a CAGR of 4.2% between 2017 and 2024. Material handling equipment is the key application using lead acid batteries, globally. Increase in eCommerce models is driving the need for warehouse. These warehouses need electric forklift for indoor operation that boosts the ...

The rapid evolution of drone technology has propelled their adoption by first responder agencies. This Frost & Sullivan study explores the diverse applications and critical advantages of using drones in emergency situations, highlighting their potential to transform the way emergency responders operate. The report examines the vital contribution o...

Battery energy storage systems (BESS) are crucial in enabling the energy transition. Their deployment is essential to providing electricity systems' flexibility to support higher electrification, relying primarily on variable renewable energy (RE) sources. At the behind-the-meter (BTM) level, batteries are also increasingly recognized as a critical...