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The BaaS market is currently dominated by strategicpartnerships between major OEMs and battery swapping companies, focusing on developing swappable EV models. from 2024 to 2030, with the number of operational stations expected to more than double to an estimated 8,585 EV swap stations within this period.
By 2030, projections suggest that over 25 million Chinese electric cars will be sold annually, marking a monumental growth trajectory. The rise of Chinese automakers is bolstered by strategicpartnerships and joint ventures, both domestically and internationally.
billion in 2020 to 200 billion in 2030, says Frost & Sullivan. March 4, 2021 – Frost & Sullivan’s recent analysis, Future of Connected Living , reveals that the device-to-person ratio will exceed 20 to 1 by 2030 as the world enters the era of hyperconnectivity and catapults organizations’ digital transformation. .
billion by 2030, up from $15.15 To tap into the growth prospects, on-demand food delivery operators should: Evaluate the potential integration of different industries , especially those related to mobility, including strategicpartnerships, mergers, and acquisitions. Southeast Asian On-demand Food Delivery Market, 2021-2030.
The global fuel cell trucks market is estimated to register 142,858 unit sales by 2030 , with China accounting for 63.9% Regional governments and energy departments are encouraging fuel cell truck adoption through incentives, tax credits and funding. of total global sales. They also are availing demonstration project scenarios.
This strategic move reflects the company’s continued commitment to invest in the region and support its economic development. It will leverage its over 60 years of experience to help Government Agencies, Family Groups and the Private Sector formulate and align strategies to achieve the ambitious goals outlined in The Saudi Vision 2030.
From 2023 to 2030, the total number of agricultural tractors in Brazil is expected to grow at a compound annual growth rate (CAGR) of 1.9%, reaching 1.6 billion by 2030, growing at a 4.7% The market for remanufactured parts in Brazil is expected to grow substantially by 2030. million units. CAGR from 2022.
Overall sales across 10 Caribbean and Central American automotive markets set to surpass 300,000 units by 2030, with battery electric vehicles (BEVs) doubling their share from current levels. BYD has emerged as the frontrunner, forming strategicpartnerships such as its collaboration with ATL Automotive to expand its presence in the region.
Both government and the automotive industry have established hydrogen roadmaps, even as they focus on overcoming challenges related to high production and maintenance costs, nascent supply chains, as well as inadequate refueling infrastructure. of global passenger sales by 2030. China is currently the world’s largest hydrogen producer.
Furthermore, government strategies, such as proposing a 50% reduction in fertilizer losses and a 20% reduction in fertilizer consumption by 2030, are expected to drive innovation in the sustainable agrochemicals market. Form strategicpartnerships for new product development. About Frost & Sullivan.
At the same time, automotive OEMs and battery suppliers are increasingly opting for vertical integration strategies and partnerships to gain a competitive edge. This imperative has taken on even greater urgency for stakeholders in the EV battery market considering global battery demand is projected to reach 6 terawatt-hours (TWh) by 2030.
New policy incentive policies by the Indian Government are set to energize the Indian electric vehicle (EV) market, while intensifying competition between domestic and international players. The market has made consistent gains in the aftermath of the pandemic with Frost & Sullivan estimating a CAGR of 34.45% from 2023 to 2030.
Strategicpartnerships between telematics service providers (TSPs), original equipment manufacturers (OEMs), and other technology facilitators are delivering new value propositions for users. Established technologies, distribution networks, and supply chains will support steady growth until the end of 2030.
Strategicpartnerships between telematics service providers (TSPs), original equipment manufacturers (OEMs), and other technology facilitators are delivering new value propositions for users. Established technologies, distribution networks, and supply chains will support steady growth until the end of 2030.
Strategicpartnerships between telematics service providers (TSPs), original equipment manufacturers (OEMs), and other technology facilitators are delivering new value propositions for users. Established technologies, distribution networks, and supply chains will support steady growth until the end of 2030.
Therefore, while silicon semiconductors will continue to dominate for the next three to four years, Frost & Sullivan projects that they will be overtaken by SiC and GaN semiconductors over 2027 to 2030. billion by 2030. The US CHIPS and Science Act 2022 will reinforce the development of domestic semiconductor manufacturing.
These sessions bring together cross-functional experts to identify growth opportunities, address strategic imperatives, and implement best practices while unlocking future-proof competitive strategies. Which growth opportunities will help your teams build recurring revenue pipelines in semiconductor services?
Additionally, favorable government policies and subsidies will encourage the expansion of the renewable energy sector to meet the feedstock demand for green ammonia production.”. Governments’ focus on developing a hydrogen economy and relevant infrastructure worldwide will encourage the production of ammonia from hydrogen.
Strategicpartnerships and robust EV infrastructure, facilitated by simulation software that can optimize the number and location of charging stations, will be vital for the sector’s growth. Our Perspective Stakeholders, including cities, will need to leverage government regulations promoting sustainable mobility.
billion by 2030 from $2.44 Develop terminals and custom solutions for the marine industry by leveraging their partnership with NGSO and network operators. Consider strategicpartnerships and acquire ICT companies that can analyze marine data and cybersecurity companies that can help secure their services.
Meanwhile, government initiatives promoting food security, sustainability, and minimized wastage are on the rise. This is pushing countries like the UAE and KSA to ramp up local investments that ensure food security, while complementing initiatives like Vision 2030 and the UAE Food Security Strategy 2051.
Blockchain technology is enhancing track and trace capabilities of farm products, thereby addressing supply chain difficulties, environmental, social and governance (ESG) related concerns, and the demand for sustainable procurements.
between 2022-2030. Strategicpartnerships with technology companies and Tier I and II suppliers will accelerate ADAS functionalities. Another aspect of collaboration will require OEMs to work with ecosystem stakeholders, including governments and insurance companies to establish regulatory clarity.
This significant geopolitical event underscored the interdependence between oil-producing and oil-consuming countries and the essential role of governments and international organizations in the ecosystem. At the same time, the industrys partner ecosystem expanded beyond traditional players like service providers and refineries.
The global proteomics industry is poised for significant expansion between 2024 and 2030, driven by advances in research and pharmaceutical applications. Strategicpartnerships with bioinformatics firms and academic institutions will drive next-gen proteomics innovations. of Competitors 80, with revenue greater than $1.0
Strategicpartnerships, infrastructure expansion, battery swapping, battery-as-a-service (BaaS) initiatives, and a focus on innovation and affordability will spark boom in India’s e2W market. Despite the slowdown, the long-term outlook for India’s e2W market remains buoyant.
Such pressures are being aggravated by government policies promoting new car sales. By 2030, the total fleet size is projected to reach 43.1 Government oversight is, meanwhile, facilitating a more regulated market environment. million, growing at a compound annual growth rate (CAGR) of 4.2%.
However, growing investments, strategicpartnerships, and material breakthroughs are highlighting the push toward mass commercialization. Strategicpartnerships have emerged as a cornerstone of SSB innovation. billion by 2030. Hyundais Factorial Electrolyte System Technology is expected to be operational by 2030.
To stay ahead, companies are strategically navigating critical shifts: Key EV Battery Innovations Shaping the Market Solid-State Batteries (SSBs) Representing a major leap in battery technology, SSBs offer improved energy density, safety, and lifespan. By 2030, EV demand will skyrocket forcing OEMs to rethink their battery strategies.
billion by 2030, growing at a 4.0% billion by 2030, at a CAGR of 6.8%. Emerging markets in Asia, Latin America, and the Middle East & Africa present substantial growth opportunities as governments and industries ramp up investments in material recovery infrastructure and waste collection efficiency. billion in 2023 to $18.92
This transition will be propelled by government incentives, declining battery costs, and emissions mandates in construction and mining operations. Such trends are being reinforced by government-led incentives, subsidies, and regulatory frameworks that are encouraging the transition to electrified fleets.
This transition will be propelled by government incentives, declining battery costs, and emissions mandates in construction and mining operations. Such trends are being reinforced by government-led incentives, subsidies, and regulatory frameworks that are encouraging the transition to electrified fleets.
However, the industry faces mounting drug pricing challenges as governments and insurers demand cost-effective solutions, pushing pharmaceutical companies to optimize their value propositions. By 2030, the RLT market is projected to reach $13.07 billion by 2030. Want deeper insights? billion in sales.
The future of battery materials will be defined by the ability to integrate AI-powered analytics, develop sustainable and high-performance materials, and build strategicpartnerships across industries. Sustainability Goals: Governments investing in clean energy storage solutions for urban centers. Want deeper insights?
Middle East: Vision 2030 & Net Zero 2050 are pushing Emirates, Qatar Airways, and Etihad to lead global SAF adoption. APAC: Expected to account for 40% of global SAF demand by 2030 , with Nestes Singapore plant leading production. Regional Insights: India: Government investing in quantum sensing under the National Quantum Mission.
Investment Outlook : Expect accelerated government incentives and private sector adoption as regulations tighten on industrial emissions. Middle East: Governments are building closed-loop battery recycling ecosystems , attracting global recyclers like Li-Cycle and Umicore. Stay Ahead of the Curve Reserve Your Spot Now!
Here, government incentives and strategicpartnerships will be critical in overcoming such financial barriers. Government incentives and increasing environmental awareness are underpinning the appeal of electrified school bus fleets that not only reduce carbon emissions but also support lower, long-term operating costs.
With the global EW market projected to reach $23 billion by 2030 , organizations investing in cognitive and multi-domain EW capabilities are positioning themselves for a significant strategic advantage. Despite its higher production costs, the market is poised for growth due to supportive government incentives and blending mandates.
The cost of cyberattacks is projected to reach $90 trillion by 2030 , underscoring the need for healthcare providers to safeguard sensitive information while leveraging GenAI capabilities. Cybersecurity Concerns: With the rise of sophisticated cyber threats, healthcare organizations must proactively invest in robust cybersecurity solutions.
Strategic Alliances for 5G Expansion : Collaborating with local governments and industry stakeholders to navigate regulatory challenges, secure approvals, and promote local sourcing of 5G components. Telstra prioritizes internal change initiatives and strategicpartnerships to accelerate 5G journeys for its Australian customer base.
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