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20 Oct 2021  |  Global
Oil & Gas Market Recovery and Online Monitoring Technologies Drive Growth
The non-destructive testing (NDT) inspection services market is recovering well after a phase of decline caused by the oil price crash. It is currently worth $9381.9 million, and is expected to grow at a compound annual growth rate (CAGR) of 4.5% from 2018 to 2023.The NDT oil & gas inspection market expected to reach $5291.9 million by 2023 with a ...
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29 Sep 2021  |  Global
Growing Structural Complexity Of Components, Tighter Tolerances, Evolving CT Software Solutions With AI/ML Capabilities, and Growing Additive Manufacturing (AM) Integration in Production Flow Will Drive Next Phase of Growth in Industrial CT Systems
Industrial Computed Tomography (CT) systems are equipment used for dimensional measurement and defect inspection for external and internal aspects of manufactured parts, assemblies, and sub-assemblies. A key factor driving the need for industrial CT systems is the growing complexity in design and manufacturing of components that utilize new process...
16 Sep 2021  |  Global
Future Growth Potential of Software Testing Solutions Due to Presence of 5G Across Infrastructure
The global electronic T&M market is estimated to experience an approximate 4.2% compound annual growth rate (CAGR) from 2020 to 2027. Some of the key market trends prevailing in the electronic T&M market include: • The communications and defense sectors provide growth opportunities for software test solutions with focus on big data analysis. ...
26 Aug 2021  |  Global
ADAS and 5G Deployment to Enhance the Future Growth Potential of C-V2X Testing
Automotive OEMs and suppliers are investing a lot of money into the development of new technologies, V2X being one of them. V2X is an umbrella term for technologies which facilitate communication between a vehicle and another vehicle (V2V), infrastructure (V2I), or pedestrian (V2P). V2X works on either dedicated short-range communications (DSRC) or...
25 Aug 2021  |  Global
Future Growth Potential of the Solutions due to Demand in the Automotive, Aerospace, and Medical Industries
This research service analyzes the global trends in the optical shaft metrology market. The niche global optical shaft metrology market witnessed steady growth with an emphasis on quality control, especially in the automotive and aerospace industries. The onset of COVID-19 disrupted the supply chain globally and demand contracted across the automot...
24 Aug 2021  |  Global
High Automation Demand and Post-COVID-19 Changes in End-user Habits Drive the Market
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...
14 Jul 2021  |  Global
Future Growth Potential will be Enhanced by Opportunities in 5G NR across eMBB, URLLC, and mMTC Use Cases
This Frost & Sullivan research service analyzes the global mobile network drive test equipment market in detail from 2020 to 2025, with 2020 as the base year. This research deliverable provides an in-depth look at the dynamics influencing and challenging the growth of the mobile network drive test equipment market and analyzes the wireless network ...
03 Jun 2021  |  South Asia, Middle East & North Africa
Thermal Cameras are Redefining the Predictive and Contactless Identification Landscape; Rising Adoption among End Users and Widespread Usage Across Applications will Drive Market Growth
In India, thermal cameras are seeing moderate demand in the test and measurement (T&M) industry. Traditionally, these cameras have been used in defense, healthcare, and firefighting (surveillance purposes); today, the focus has moved to industrial segments, and thermal cameras are used for detection, monitoring, inspection, and testing purposes. Te...
21 Apr 2021  |  Global
Emphasis on Zero-defect Manufacturing Powers the Demand for the Global Material Test Equipment Market
The Growth Potential of this Market is led by the Drive to Improve Sustainability in the Automotive and Aerospace Industries
This research analyzes the global trends in the material test equipment market across different industries. This is a mature market and material test equipment finds use in verticals such as automotive, aerospace, metals and plastics. The Covid-19 pandemic had a considerable impact on the CAPEX spending of customers both in the automotive and aeros...
16 Apr 2021  |  North America
Information Technology and Operations Technology (IT-OT) Convergence Powers the Global Industry 4.0 Market for Mechanical Test Applications
Customer Experience, Driven by Digitally Led Business Models, Creates New Growth Opportunities
The impact of the convergence of Information Technology (IT) and Operational Technology (OT) has been tremendous in recent times. Benefits of this convergence can be seen even in traditional markets (e.g., mechanical testing). The world is staring at an economic mess propelled by the catastrophic outbreak of COVID-19. In 2020, the demand for digita...