How did manufacturers handle cost reduction? How did they benefit? Did the pandemic boost packaging sales? Did it increase demand for hygiene paper products? What other developments offer business opportunities for automation providers? Know what's new here.
What is the adoption rate of artificial intelligence and machine learning in robots, and what is their growth potential? Get an exclusive section on sustainability and how robots contribute to a reduced carbon footprint, including competitive landscape analysis, and product upgrades.
What opportunities do sensors, data acquisition hardware (wired and wireless), and software offer for structural health monitoring in various verticals? How are advancements like, Internet of Things (IoT)-based sensors and three-dimensional (3D) shape-sensing technologies opening avenues for growth?
Hydrogen is a key part of the solution toolbox in achieving global decarbonisation. Policymakers are focused on creating the necessary framework for the hydrogen economy to flourish, investor appetite to back hydrogen initiatives is high, and industrial conglomerates are busy developing production, transportation, and storage solutions for commercialisation.
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Identify the solutions set to accelerate the growth of energy-efficient and sustainable buildings
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Explore growth drivers like adoption of technology & venture capital investments in life sciences
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Get an in-depth analysis of the space focusing on integrated software and standalone software
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Find out vertical cavity surface emitting laser's descriptions, supply chain stakeholders, and more
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Find out how advancements in communication technology, and space sectors drive growth
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How will digitalization enable the energy transition and this sector’s transformation?
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Which service-based models will impact original equipment manufacturer’s growth prospects?
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How will the importance of RF chips and global initiatives drive the growth of this space?
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Many consumer packaged goods (CPG) manufacturers are affected by supply chain shortages and are taking steps to avoid shortages or overproducing items, not in demand. In October 2022, PepsiCo said it plans to automate and digitize more of its supply chain data to ease ingredient shortages and boost efficiency. PepsiCo CEO Ramon Laguarta and Chief Financial Officer Hugh Johnston said the company is focused on “automating and digitizing our supply chain to support our innovation pipeline with greater agility and speed-to-market”.
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The global automotive space has witnessed a rapid demand surge for electric vehicles (EVs) over the past two years. Despite the severe impact of COVID-19 pandemic, EV sales saw record growth in 2020 and 2021. For instance, in 2021, global EV sales totaled around 5.8 million units, exhibiting a growth of about 79.3% over 2020. It is expected to witness continuous double-digit growth over the next five years.
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Improved safety requirements across industries will drive the non-destructive testing (NDT) equipment space, inflating the demand for integrated software, according to Frost & Sullivan’s recent analysis of the global NDT software sector. As NDT software sales are predominantly tied to testing and inspection requirements across sectors, the shift toward electric vehicles (EVs) and renewable energy will augment growth prospects. The NDT testing software sector is expected to reach $853.7 million by 2026 from $503.8 million in 2021, registering expansion at a compound annual growth rate (CAGR) of 11.1%.
Increasing sector convergence and the emergence of innovative technologies revolutionize the global building management system (BMS) sector. Frost & Sullivan’s recent analysis of the global building management systems sector finds that the need to ensure occupants’ safety and comfort encourages BMS participants to focus on the digitalization of buildings. The global BMS growth will likely reach $5.15 billion by 2026 from $3.52 billion in 2021, witnessing expansion at a compound annual growth rate (CAGR) of 7.9%.
Recently, Frost & Sullivan assessed the 5G new radio (NR) drive test solutions, and, based on its findings, recognizes Infovista with the 2022 Global Leadership Award. The company supports networks ranging from second-generation, third-generation, and fourth-generation long-term evolution (LTE) and LTE advanced technologies to 5G deployments. With its longevity and expertise in drive test solutions technologies, Infovista is well-positioned to support organizations transitioning to 5G. The company’s innovative, end-to-end network testing solutions for existing and next-generation communication systems and operations span the entire network lifecycle.
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