What is the industry share of leading participants, and how can vendors retain and increase their share? What are the latest developments in various end-user segments like oil & gas, chemicals, power generation, F&B, and life sciences? Read this research to know more.
How is the growing demand for shop-floor measurements augmenting growth prospects? Analyze the top competitors by product segments like articulated-arm and handheld CMMs. Plus, get insights into the prominent distribution channels, annual estimates, forecasts, and more.
What drives the need for efficient and reliable wireless network testing and validation solutions? How are prices shifting in this sector? What post-pandemic hurdles do stakeholders face? What is the industry sizing for segments based on test type? Find out in this research.
In Frost & Sullivan’s 2022 IT Decision-Maker Survey, enriching customer experience, improving brand equity, and promoting digital commerce were cited as the top three business goals for the coming year.
Businesses must leverage the wealth of available data residing in many places to understand ever-changing customer needs fully and meet these goals. Top contact center executives reveal that leveraging data-driven insights is a strategic imperative, but they say while their data is rich, their insights are poor. Forward-thinking companies want to have an entire ecosystem in place to collect data, process it, and turn it into actionable insights.
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How are end-user expectations driving demand for smarter motor solutions?
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Explore product types like bridge, gantry, and horizontal-arm CMMs
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Which opportunities will influence manufacturers’ industry positions?
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Examine the key analytical techniques like liquid chromatography
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Which product areas will drive growth in the forecast period?
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What are the key industry predictions and action items for vendors?
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What is the technology roadmap, and what are the benefits and applications?
Read more Request InfoLifecycle services represent a fast-emerging industrial component that is proving integral in enabling customers to realize their plans and visions for the future. The objective of a lifecycle services approach is to meet customer needs and add value across the entire lifecycle of their plants. It also helps customers achieve their digital transformation goals, bridging context and complexity with ease.
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Organizations in the industrial technologies market are readjusting their supply chains to meet growing demand, presenting lucrative opportunities for market participants. While organizations will continue to emphasize technology, companies that adopt innovative business models and adapt to changing consumer preferences are expected to flourish. Frost & Sullivan forecasts that the global industrial technologies market is estimated to hit revenues of $200 billion by 2025.
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Frost & Sullivan’s recent analysis finds that integration with mobile and robot-mounted systems for rapid measurement is expediting the global stationary coordinate measuring machine (CMM) market growth. The global stationary CMM market revenue is estimated to reach approximately $1.68 million by 2025, up from $1.33 million in 2020 at a compound annual growth rate (CAGR) of 4.8%. Automotive, aerospace and machine shops are the key industry verticals expected to accelerate demand for stationary CMMs over the forecast period.
Frost & Sullivan’s recent analysis, 5G in Process Industries, finds that the limitations of 4G networks are enabling 5G technology to become an important ally for Industry 4.0. The high bandwidth and low latency provided by 5G networks are driving process industries to partner with strategic 5G providers. In addition to the organizational and economic benefits of industrial digitization, falling prices of technologies such as machine learning and Big Data analytics push manufacturers toward technological solutions that improve their quality and efficiency.
Frost & Sullivan’s recent analysis, Global Machine Vision Growth Opportunities, finds that rising demand for automation across industries to enhance operations and productivity is driving the global machine vision market. The industry will likely garner $14.02 billion in revenue by 2025 from $10.28 billion in 2020, an uptick at a compound annual growth rate of 6.4%. However, with supply chain disruptions due to the impact of COVID-19, the sector will cross 2019 levels by 2022, and the positive trends witnessed across industries—pharmaceuticals, food and beverage processing and packaging, electronics and semiconductors, and automotive—will be crucial to prompt the market expansion.
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