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The COVID-19 pandemic marked a major global change that transformed manufacturing. Political tensions, such as the US-China conflict and the Russo-Ukrainian War; economic uncertainties, such as high inflation rates and de-dollarization initiatives; and continuous supply chain disruptions have forced manufacturers to invest in technology to secure r...

The Digital Thread is not a single technology but an entire ecosystem that links various enabling technologies to ensure smooth, continuous data flow. It integrates diverse tools and systems to maintain an uninterrupted stream of information across the manufacturing lifecycle. Industrial IoT sensors gather real-time data from machines, while cloud ...

With the advent of Industry 4.0 and smart factories, it has become a necessity for industries to adopt advanced technologies to improve their manufacturing processes. Asset tracking and monitoring technology is currently adopted by industries for tracking and monitoring asset location and status. Sophisticated monitoring technology can also be cate...

01 Mar 2021  |  Global  |  Market Research

Industry Convergence to Accelerate Adoption of Smart Solutions in the Global Industrial Equipment Industry

IIoT and Leasing Models Enhance Future Growth Potential of Industrial Equipment

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Industry 4.0 revolves around integrating information technology (IT) and operational technology (OT) with near-real-time connectivity to provide actionable intelligence to decision makers. This research focuses on the adoption of digital technologies and smart devices in the industrial equipment industry. Industrial tools are the leading industry ...

The main objective of this growth opportunity analysis is to assess the impact of market trends and challenges influencing growth prospects for pump original equipment manufacturers (OEMs) in the next 7 years. As business uncertainty becomes an inevitable factor, end users across industry verticals are revisiting their strategies to adapt to the ne...

A 25% reduction in carbon dioxide (CO2) emissions by 2030 is necessary to keep global warming to 1.5°C. One of the most promising ways to reduce greenhouse gas emissions is to use hydrogen as an energy carrier, making it a critical fuel in the move to sustainable energy generation. Since new generation pumps are vital for increased hydrogen product...

This tracker offers a quantitative model with revenue and forecasts for the humidity and moisture sensors market by the end user, region, product, measurement, and technology. It describes drivers and restraints and gives an overview of the competitive landscape of the market. It traces key factors that have led to the change in market shares of va...

Latin America is a region rich in natural resources. As such, the extractive industry plays a crucial role in the countries’ economies. Although the oil and gas industry drives pump sales as the largest end user, other industries such as power generation, water and wastewater, construction, chemical processes, food and beverage, pharmaceuticals, an...

This research service assesses the trends in the European substation automation market. The economic recession of 2009 led to a shortage of investment funds in virtually all markets, so that most planned projects were either stalled or completely shelved. This study analyses and determines the impact of the economic recession on the substation auto...