How is the evolution of manufacturing driving the shift from manual to automated solutions? What is the role of advanced hardware and software in this landscape? Which factors are driving and restraining growth? Discover the emerging prospects that major players can leverage.
How can research and development efforts help improve the performance parameters of PICs and determine new materials (III-V materials)? Which optical chips accommodate multiple photonic functions? How does this sector address the gaps in electrical integrated circuits (EICs)?
Explore the demand patterns across different regions. Analyze major end-use industries, including automotive, aerospace and defense, semiconductor, and energy and utilities. Examine the revenue shares of key competitors with forecasts and identify new opportunities for stakeholders.
From raw materials sourcing to production and final delivery, the journey of a product in today’s global supply chain is rife with environmental and societal issues. Excessive energy and water consumption, high waste production with low reuse rates, human rights issues, and abuse of labor are just some of the core issues plaguing supply chains globally. A supply chain is a vast network between large companies and their suppliers to develop, manufacture and distribute finished products to end users. More companies are becoming increasingly aware that their supply chain and sourcing decisions have a critical impact, not just on the environment but on society as well.
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Gain detailed insights on significant types of products and applications in this sector
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Explore important considerations such as power consumption, size, and much more
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Examine a holistic picture of prospects for test equipment vendors across the world
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Discover the total, regional, and country-wise revenues, along with growth rates
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Take a look at the application landscape and its applicability across different industry verticals
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Analyze how their implementation in smartphones can enable new possibilities in AR and VR
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Explore the transformation of supply chain management and customer engagement opportunities
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Assess the current scenario, level of progress in industrial manufacturing, the adoption of LNPs, and more
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The global automotive market has witnessed a rapid demand surge for EVs over the past two years. Despite the COVID-19 pandemic severely impacting the automotive market, EV sales saw record growth in 2020 and 2021. For instance, in 2021, global EV sales (BEVs and PHEVs) totaled around 5.8 million units, exhibiting a growth of about 79.3% over 2020. The market is expected to witness continuous double-digit growth over the next five years.
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The largest economy amongst the Gulf Cooperation Council members, Saudi Arabia, is striving to position itself as the logistics hub of the region with its Vision 2030 initiatives, driving growth in the logistics sector. Under Vision 2030, The Kingdom launched the National Industrial Development and Logistics Program (NIDLP), which has since added five new shipping lines to the country’s ports leading to Europe, Africa, and Asia. It has also established strong interconnectivity between local as well as regional networks for cross-border trade and freight movement to flourish with streamlined and digitalized customs procedures.
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Based on Frost & Sullivan’s recent research of the North American digital supply chain operations market, it recognizes ParkourSC with the 2022 North American Digital Supply Chain Operations Enabling Technology Leadership Award. The company delivers a digital supply chain operations platform that integrates end-to-end digital-twin modeling, intelligence orchestration, and extended-enterprise collaboration into real-time supply chain operations. Digital-twin modeling digitizes supply chain operations at multiple levels and monitors end-to-end supply chain performance. It enables customers and their users to see their entire network graphically.
Frost & Sullivan recently analyzed the Industrial Internet of Things (IIoT) edge computing solutions industry, and, based on its research results, recognizes Stratus, an SGH company (Nasdaq: SGH), the global leader in simplified, protected, and autonomous computing solutions, with the 2022 Global Product Leadership Award. The company delivers high-availability, fault-tolerant computing, enabling companies to securely and remotely run business-critical operations without downtime at the data center and Edge.
Frost & Sullivan’s recent analysis finds that the evolution of automated manufacturing is leading to a paradigm shift away from manual metrology solutions to automated metrology solutions. With the integration of inspections into shop-floor processes, there is a need to perform measurements without human intervention to minimize errors and reduce the time required for inspections. This triggers the demand for robot-based metrology tools across industries. The buoyant global robot-based metrology market will likely reach $396.2 million by 2026 from $189.9 million in 2021, registering an impressive expansion at a compound annual growth rate (CAGR) of 15.8%.
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