The application of thermal cameras with data analytics will become a significant growth opportunity. Examine how improvisation in image processing and the small form factor will allow these cameras to be used for mainstream purposes across small and medium-sized businesses.
IIoT is impacting manufacturers as end users increasingly prioritize improving plant maintenance and reducing operating expenditure. Growth opportunities for pump OEMs, digital transformation, energy efficiency, the effects of oil prices, and the US trade war are also explored.
This research assesses the impact of industrial innovations and challenges influencing growth prospects for positive displacement pump original equipment manufacturers in the next five years. Find out what the competitive landscape is like and identify the key participants.
1.Time for change
2021 will (fingers crossed) go down in history as the year the world started to take climate change seriously. In April, the UK and Chinese governments announced ambitious goals of achieving carbon zero by 2050 and 2060 respectively. America plans to achieve a 50-52% reduction from 2005 levels in economy-wide net greenhouse gas pollution by 2030.
In the corporate world, high-tech businesses such as Microsoft, Apple and Novo Nordisk and service companies such as EY, Sky and KPMG have set their sights on achieving carbon zero by 2030. The more energy intensive industries including manufacturers (Cemex, Holcim and Tetrapak), oil and gas firms (BP, Shell and Total) and airline companies (BA, American Airlines and Japan Airlines) plan to reach this target by 2050.
Schedule a dialog or email us at myfrost@frost.com to connect with an industry expert at no charge. We are taking unprecedented action to make our team available to help you cut through the media and politics to get factual one-to-one guidance for the issues and opportunities that matter most to your business.
MicroLED R&D Portfolio Assessment and Potential Growth opportunities
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Growth of Sensor Technologies in Automated Guided Vehicles
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Growth Avenues for IIoT in Small- and Medium-Scale Enterprises
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Growth of Metal Injection Molding Technology in Manufacturing
Read more Request InfoFrost & Sullivan finds that the digital identity management market is expected to register strong growth over the next decade and has the potential to unlock investments worth $80 billion globally by 2030. The public sector, financial services, insurance, and healthcare industries increasingly deploy pilot projects to test the market’s effectiveness and applicability.
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COVID-19 has compelled consumers to interact more with technology and has impacted the way we work, make purchases, and spend our free time. It has also irrevocably changed the workplace dynamic. For team building and maintaining professional connections, digital collaboration has proved more crucial than ever.
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Frost & Sullivan’s recent analysis, Global Safety Instrumented Systems (SISs) for Process Industries Growth Opportunities, finds that the need for process industries to comply with regulatory policies, adjust to fluctuating oil prices, and replace and upgrade obsolete parts is propelling the global SISs market. Globally, SISs is a highly mature area with slower growth and minimal technological developments compared to other industrial automation tools.
Based on its recent analysis of the European sensor data fusion for autonomous driving applications market, Frost & Sullivan recognizes BASELABS GmbH with the 2021 European Enabling Technology Leadership Award for its software for sensor fusion, BASELABS Create Embedded. The configurable software uses information from multiple sensors for object, pedestrian, and traffic detection to help automobile manufacturers improve performance and safety.
Frost & Sullivan’s recent analysis of the global material test equipment market finds that end verticals’—automotive, aerospace, primary metals, and plastics—emphasis on zero-defect manufacturing is inflating the demand for material test equipment, assuring high-quality products with international standards. The market is classified as universal testing machines (UTM), servo-hydraulic (SH) testing machines, impact testing (IT), and hardness testing (HT) machines based on product segmentation.
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