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Fierce Competition and Sustainability Imperatives Shape the Market Environmental concerns are reshaping consumer preferences, compelling automakers to focus on cleaner energy, sustainable materials, and battery recycling. Europe is at the forefront of connected mobility, with around 75% of vehicles expected to be connected by 2026.
Frost & Sullivan’s recent TechVision webinar delved into the fascinating realm of ‘Business Impact of Technology Convergence in 2025-2026; Which Technological Combinations Will Drive Multi-Billion Dollar Growth? appeared first on Frost & Sullivan.
Informa invited Frost & Sullivan to MENA Energy Forum 2022 to chair a series of panels focused on the current challenges in the global energy markets and the European Union’s response. This was part of a two-day online event Informa organised for energy industry professionals in the Middle East and North African region.
By 2030, India will fulfill 50% of its energy requirement from renewable energy. The total renewable energy capacity, excluding hydro, in various stages of construction and tendering, add up to 87 GW. It is true that solar energy costs have fallen sharply to nearly Rs.
Despite this, the industry will likely cross 2019 levels by 2026 as halted digital gird deployment projects gradually gather momentum and new projects begin. As a result, the market is likely to garner $9.21 billion in revenue by 2030 from $8.15 billion in 2020, an uptick at a moderate compound annual growth rate of 1.2%.
Renewable energy will dominate the next decade, having already built strong momentum in the late 2010s. This is particularly significant for wind energy, where larger and more efficient turbines will continue to be launched into the market, both for onshore and offshore. Investment in decentralised energy generation will be $846.12
China’s installed base of coal plants is forecast by Frost & Sullivan to peak in 2026 and there will be some closures, but even by 2040, 70% of China’s coal plants are still forecast to be online, securing coal’s place in the global power mix into the longer term.
By 2026, the market is estimated to garner a revenue of $1.99 Latin America: Pressure sensor-based leak monitoring and detection solutions have the highest potential because of added benefits like energy efficiency and resource optimization. billion from $1.23 billion in 2020, up at a compound annual growth rate (CAGR) of 8.4%.
For example, IoT devices can be used to track the movement of assets, monitor equipment performance , and optimize energy consumption. “Manufacturing also is becoming orders of magnitude more efficient and profitable while using less energy in the process, again due to IoT. billion by 2026.
USA regulation is forcing the development of upstream and midstream capabilities that are not planned or operational until 2026. Six ongoing projects by various companies for CAM/PCAM manufacturing facilities within Ontario and Quebec are scheduled to be operational by 2025-2026.
The Honda 0 series is set for launch in 2026, beginning with the North American market. It detailed a vision that encompassed “an entire hydrogen energy ecosystem” over the long-term and commercialization of green hydrogen production technologies over the shorter term. This probably explained its generously proportioned interiors.
Water and energy-as-a-service is likely to have a high adoption rate in the next 2 to 3 years, finds Frost & Sullivan. billion in revenue by 2026 from $5.22 Hudson added: “Water and energy-as-a-service is emerging and likely to have a high adoption rate in the next two to three years. Santa Clara, Calif.
In September, the company launched a three year strategic plan termed PowerUP 2026. PowerUP 26 The creation of Ayvens will energize its ambitious PowerUP 2026 plan, the successor to Move 25. It will mean investments of time, energy and resources to establish a coherent structure and culture.
By 2026, it is projected to support the manufacture of an estimated 250,000 vehicles covering four brands every year. This is seen as yielding advantages in terms of scale and cost competitiveness while allowing battery costs to be halved by 2026 and further reduced by 65% by 2028. million vehicles every year.
North America was the largest market in the world for investments into the industry in 2021, but the APAC region is expected to top it by the end of 2026. The Lithium-ion Era of Energy Storage. Investments into global data centres grew during the pandemic, and show no sign of slowing in the next few years.
billion by 2026 from $3.52 The need to manage buildings remotely is increasing post-COVID-19 and demands the convergence of advanced analytics, artificial intelligence (AI), and emerging technologies with BMSs,” said Viswesh Vancheeshwar , Energy, Environment & Sustainability Industry Principal at Frost & Sullivan. “The
For India, this B2B event comes at a crucial time when the country is set to become the third largest automobile market by 2026, after China and the US. By 2026, India’s automotive aftermarket is projected to reach $ 32 billion, auto component imports are set to touch $23-$28 billion, while exports are poised to increase to $30 billion.
million EVs a year by 2026. The International Energy Agency (IEA) estimated that one in every seven passenger cars sold last year was an EV. Hydrogen has long been considered a promising, green alternative to traditional fossil fuel energy sources. The EV market is currently dominated by BEVs.
The US Department of Energy predicts a five to ten-fold increase in global electric vehicle (EV) battery demand by 2030. Their appeal lies in their high energy density, light weight, better thermal stability, and cost-effectiveness. Prototypes are in the development stage, with mass production likely from 2026 onwards.
As NDT software sales are predominantly tied to testing and inspection requirements across industries, the shift toward electric vehicles (EVs) and renewable energy will augment growth prospects. million by 2026 from $503.8 The NDT testing software market is expected to reach $853.7
million by 2026 from $613.7 With sustainability becoming the overarching theme across industries, focus on electric vehicles (EV), hydrogen fuel cells, and renewable energy sources is growing,” said Ram Ravi, Industry Principal at Frost & Sullivan. Therefore, the global dimensional software market is expected to reach $850.4
billion by 2026 from $18.85 Due to prolonged resource shortages and increasing energy prices, the demand for data-powered logistics services remains high. As a result, the global supply chain management platform market will likely reach $32.31 billion in 2021, expanding at a compound annual growth rate (CAGR) of 11.4%.
Open its doors and captured the attention of global mobility enthusiasts with 117 world premiere vehicles and 278 new energy models, supported by >500 component companies and tech firms from 13 countries and all over the world. Analysts from Frost & Sullivan were present to capture the latest market dynamics.
.” These smart EVs are set to be available in Japan and North America from 2026. Even the sporty, sleek long-range Vision EQXX concept EV sedan could not distract from Mercedes-Benz’s plans to set up its own high-speed EV charging networks in collaboration with ChargePoint and MN8 Energy. Charging All the Way. Up and Away.
Cummins has a dedicated New Power business focused on future energy technologies. Even as incentives are phased out, our research indicates that eLCVs will attain total cost of ownership (TCO) parity with their ICE counterparts by 2023-2024, while eMCVs/eHCVs will achieve this landmark by 2026-2027.
Toyota President Koji Sato noted that AreneOS, Toyota’s software platform would, in the future, allow users to “share electricity in the energy grid mode.” Honda announced an early 2026 target for the launch of its robotaxi in Japan. The robotaxi is being developed in collaboration with Cruise. Mazda showcased its MX-30 BEV model.
Department of Energy, for instance, has set an agenda to fast track the production, processing, delivery, storage, and use of clean hydrogen. Toyota’s next generation Mirai is set for launch in 2026 and is expected to be almost 50% cheaper than the current version. of global passenger sales by 2030.
For instance, this agenda promotes the sustainable use of resources and renewable energies, smart cities, and the preservation of ecosystems and biodiversity. The European Energy Exchange Group ( EEX ) classifies credits commercialized in the voluntary carbon market in a similar way but with different terminology.
For India, the rapidly growing auto market is expected to reach $300 billion by 2026. Overall, there is a bright future for the aftermarket industry, especially in India where it is expected to reach $32 billion by 2026 (InvestIndia 2 ). Auto components industry exports are expected to grow 5X in the next 10 years (InvestIndia 2 ).
It claimed to have multiple commercial use cases in Manufacturing, Energy & Environment, Financial Services, Transportation (e.g. Testing will begin in 2025, and commercial launch with partners in 2026. In the UK the service has not yet been launched. Both cellular and satellite network access is enabled by a single IoT eSIM.
They are investing all their energy to “pivot”, that is they are tactically adapting their traditional business model to pursue new market opportunities in the Covid-19 world. Vision 2026, however suffered from three shortcomings that made its implementation ineffective. 95% of companies today operate in survival mode.
Some of the more prominent decarbonization technologies and their adoption have been highlighted below: Prominent technologies Renewable Energy : Renewable energy sources such as solar, wind, hydro, and geothermal power are naturally replenished and have a low carbon footprint. The total investment value for this project is $8.4
Representing the Industrial practice at Frost & Sullivan, I naturally gravitated toward the Cannabis & Psychedelics , Environment & Energy , and Instrumentation & Nanoscience tracks. Thats why Im particularly excited about PITTCON 2026 , especially since it will be in my hometown of San Antonio, TX, USA.
Source This takes a toll on the nurses energy, and burnout is a common thing. This means that most travel nurses dont have the time or energy to also care for the services and upkeep of their accommodation. Studies have even shown that by 2026, the short-term rental market is expected to reach a valuation of approximately $8,907.1
Collaboration Between Renewable Energy Firms and Cooling Tech Companies The convergence of industries is expected to lead to significant advancements in energy efficiency technologies, potentially reducing energy consumption in cooling systems by up to 30%.
Unlike conventional lithium-ion (Li-ion) batteries, SSBs replace liquid electrolytes with solid materials, promising superior energy density, faster charging times, and enhanced safety. This expansion will be fueled by increasing demand for high-performance batteries across the EV, consumer electronics, and renewable energy storage sectors.
Compression of Value Chains Expanding Deployment of Directed Energy Weapons Directed energy weapons are transforming combat strategies by minimizing ammunition requirements and increasing precision. These systems are streamlining battlefield logistics and redefining offensive and defensive tactics globally.
It wastes huge amounts of time, energy and money. Fundraising income grew from 182million in 2018 to 260million in 2026 (42% growth in eight years). Collective energy Once you have the new ambition you can use it to get your colleagues fired up and united to raise the money. Internal conflict is draining.
This unprecedented decision forms part of a larger plan to save €10 billion by 2026. However, the current restructuring plan would not only jeopardize thousands of jobs but would also require existing employees to accept pay cuts and freezes through 2026.
Here are our top picks from this years event: Hondas 0 Series electric vehicles (EVs) , comprising an SUV and saloon, are set to debut in North America by 2026. There was a buzz over its ambitious Emerald City smart city initiative , designed to optimize mobility and energy efficiency.
Rise of Quantum Computing Affecting Data Storage Solutions The global cybersecurity market is projected to grow from $217 billion in 2021 to $345 billion by 2026, driven by increasing data breaches. This efficiency could reduce physical space requirements and energy consumption by up to 90%.
We got a peek at the Avinya EV, featuring a refined design with a sloping roofline, with a market launch expected in 2026. Meanwhile, the Sierra EV merges retro aesthetics with modern technology, while its ICE variant features subtle design tweaks.
We got a peek at the Avinya EV, featuring a refined design with a sloping roofline, with a market launch expected in 2026. Meanwhile, the Sierra EV merges retro aesthetics with modern technology, while its ICE variant features subtle design tweaks.
A proposed 25% tariff on Mexican and Canadian goods, excluding Canadian energy products, which face a reduced 10% rate, is also in the pipeline. Mexico: 2025-2026 Contraction in the Making Mexico, deeply integrated into US supply chains, is highly vulnerable to US tariffs.
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