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Future of Hyperconnectivity Offers Billion-dollar Opportunities in the Connected Living Ecosystem

Frost & Sullivan

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. .

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How Will Your Organization Navigate Transformative Megatrends in the Semiconductor Industry to Optimize Growth Strategies?

Frost & Sullivan

Furthermore, the following are spurring transformative change in the global semiconductor ecosystem: The rise of wide bandgap (WBG) semiconductors is accelerating due to the increased use of electric vehicles (EVs), which demand more efficient and high-performance power semiconductors.

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Lowered Production Costs and Improved Infrastructure will be Key to Driving Success of Hydrogen Powered, Fuel Cell Electric Vehicles in Passenger Vehicles Market

Frost & Sullivan

The global push towards decarbonizing transport, efforts at realizing affordable production, and a fast-evolving ecosystem are poised to open up exciting growth opportunities for hydrogen powered, fuel cell electric vehicles (FCEVs) in the passenger vehicles segment. China is currently the world’s largest hydrogen producer.

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Accelerated Vehicle Electrification and Shift to 800V Architecture Spotlight Strong Growth Prospects for Wide-Bandgap (WBG) Semiconductors in North American Electric Vehicles Market

Frost & Sullivan

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.

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Fuel Cell Trucks Market Gains Momentum as Auto Industry Embraces a Hydrogen Economy Transition

Frost & Sullivan

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.

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Bus Advanced Driver Assistance System (ADAS) Market in Europe and North America to Receive Impetus from Regulatory Clarity, Focus on Safety, and Greater Strategic Collaboration

Frost & Sullivan

between 2022-2030. Strategic partnerships 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.

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Innovation-led Growth to Transform the Global Agricultural Tractor Market

Frost & Sullivan

Advances in precision agriculture, electrification, automation/robotics, and autonomous tractors, paralleled by new business models such as digital advisory, online marketplaces, P2P renting and leasing are set to shake up the global agricultural tractor ecosystem. s acquisition of Raven and AFS Connect.