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The global energy industry is undergoing an unprecedented transition, bringing exciting new growth opportunities to the oil and gas (O&G) industry. However, shifting to a net-zero future for carbon emissions means many companies face pricing, energy security, and industry disruption struggles. As the industry moves to meet decarbonization and su...

Spacefaring and lunar exploration are among the biggest endeavors of civilization. In this report, Frost & Sullivan explores growth opportunities that can unlock space as the next frontier. The study includes an overview of the global space industry, top emerging megatrends, competitive landscape, innovation and technology landscape, opportuniti...

05 Apr 2023  |  Asia Pacific  |  Market Outlook

Asia-Pacific Pharmaceutical Industry Outlook, 2023

Disruptive Technology Adoption and Outsourcing Growth is Advancing Innovation in the Pharmaceutical Industry

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Asia-Pacific’s pharmaceutical market is forecast to record 4.2% growth from 2022 to 2027, with China and Japan dominating the market in terms of value. Generics dominate the regional markets based on volume, directly impacting innovator molecule uptake. Nevertheless, Asia-Pacific is establishing itself as a global innovation hub, with China, Japan,...

The need to decarbonize the industrial economy is becoming ever more important. Much has been achieved so far in the decarbonization of power generation, but progress in the realm of industrial decarbonization has been relatively slow. This is now gradually changing as businesses seek to comply with environmental, social, and governance (ESG) goals...

Industrial electrification is rapidly shifting from a niche decarbonization effort to a central driver of competitiveness, resilience, and long‑term industrial growth. Process heat dominates manufacturing energy demand and relies heavily on fossil fuels, leaving industry exposed to emissions regulations, fuel price volatilities, and geopolitical ri...

Across various industrial sectors, digitalization has rapidly developed, utilizing several existing and emerging digital technologies, including AI, Big Data analytics (BDA), IoT, machine learning (ML), natural language processing (NLP), robotics, and automation. While the chemicals industry was relatively slow to adopt these technologies, the tran...

An increasing focus on biologics, genomics, and multi-omics; the adoption of digital technologies; and a shift to patient-centric models are transforming the life sciences industry. At the same time, the emergence of value-based models, R&D activities to treat complex diseases, and healthcare consumerism provide an impetus to precision medicine. Wi...

This report covers the aftermarket for Class 1–3 vehicles’ brake pads, brake rotors, brake calipers, compressors, radiators, batteries, air filters, oil filters, cabin air filters, spark plugs, starters, alternators, and wipers in terms of volume (in million units) and value ($ million) across the United States and Canada. It highlights the unit sh...

Artificial intelligence (AI) is ushering in a new era of possibilities for intelligence gathering and analysis. While AI has been a part of the US Intelligence Community (IC) for some time, the rapid acceleration of AI capabilities is drastically transforming the landscape. The vast amount of information that the US IC collects from an array of se...