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After two consecutive years of economic contraction in 2019 and 2020, Latin America achieved a ~7% real GDP growth in 2021. Some of the larger Latin American nations are emerging market growth leaders across the globe, and the region is known for its commodity exports, robust trade, and cost-effective labor. Amidst shifting socio-economic trends po...

Sensors have the potential to transform any industry owing to the various benefits associated with them. Traditionally, different types of sensors have been deployed for homeland security, which are however undergoing advancements to develop newer technologies such as electronic noses (e-noses) and electronic tongues (e-tongues), which have the cap...

17 Nov 2021  |  Global  |  Market Research

Profiles of the Top 5 Global Off-highway Equipment OEMs and Growth Opportunities

Digitization, Automation of Operations, and Growing Green Initiatives Drive OEMs to Enhance Product Offerings

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The off-highway equipment industry is becoming highly technology-oriented amid labor shortages, conditions arising from the COVID-19 pandemic, and increasing demand for productivity in agriculture, construction, and mining. These challenges drive market players to enhance their product portfolios with digitization, connectivity and telematics solut...

Plant biomass contains a high amount of cellulose (long linear chain polysaccharides), hemicellulose (short cross-linked chained polysaccharides that hydrogen bond to the cellulose), and lignin (non-carbohydrate organic compound). Cellulosic materials such as cellulose and hemicellulose are hydrophilic polysaccharides commonly found in plant biomas...

The medical imaging industry is undergoing a transformative shift as it grapples with escalating challenges such as the surge in imaging exams, leading to radiologists’ increasing workloads, complex diagnostic tasks, and a global shortage of trained staff, which has placed a growing burden on radiologists and healthcare systems alike. In response, ...

The Asia-Pacific contact center applications market generated $825.3 million in revenue in 2021, registering an annual growth of 9.5%. Though COVID-19 clouded the outlook at the beginning of the year, technology upgrades, cloud migration, and the adoption of analytics, automation, and self-service applications drove market growth. The market is set...

This Frost & Sullivan study explores the lighting industry's dynamic landscape, with a focus on the adoption of digital technologies to revolutionize lighting systems for built environments. Frost & Sullivan estimates the market to grow at a compound annual growth rate (CAGR) of 18.4% between 2022 and 2028. The escalating global demand for energy-...

Labor shortages, inflation, and higher operational costs will force companies to accelerate the pace of advancement and explore various formulas to upgrade technology. The need to increase efficiencies, handle extreme loads, and customize solutions to customer requirements drive the development of autonomous technologies in warehouses across North ...

The rapidly growing space industry has created new opportunities that will generate value from the use of space. The commercial space station industry is one such promising field that is now under development, by providing important services, such as astronauts and human habitation services, microgravity research, in-space manufacturing, and space ...