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The global oil demand has been increasing at a near constant rate and increasing deep-sea oil and gas finds are leading to more deep-sea rigs. A growing number of ROVs per rig has resulted in a nearly 33.0 percent increase in market size and opportunity. A skewed balance between supply and demand presents significant opportunities for new market pa...

Robotics technology has been undergoing major technological growth in recent years. With the advent of Industry 4.0 and smart factories, all industries across the spectrum are adopting advanced robotic automation solutions for varied applications according to industry requirements. Currently, the main robotic technologies are categorized under col...

26 Oct 2016  |  Global  |  Market Research

Manufacturing in the Cloud

The Dawn of Digital Services

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The global industrial cloud market is in the nascent stage of development, yet as companies increasingly become aware of its growing importance, a gap remains in understanding the implications for their businesses. The focus of this research on the industrial cloud market is to present the analysis from a vendor’s standpoint. The study could be ext...

This research service focuses on the convergence of technologies in industrial operations. Various digital technologies are emerging from startup and leading companies worldwide over the last 5 years to leverage and streamline workflow in industrial operations. Some of the digital technologies have been converged through new product innovations, pa...

14 Feb 2018  |  Global  |  Market Research

Global MES in Process Industry, Forecast to 2022

Cloud-based Integration of MES and ERP is Likely to Boost Adoption

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Key Issues Addressed

Manufacturing execution systems (MES) are the integrated software applications that provide companies the means to plan and schedule, track, direct and implement their operations. The MES market is growing due to the rapid adoption of cloud computing and data analytics in distinct industry applications around the world. The market is likely to grow...

14 Nov 2024  |  Global  |  Market Research

Computer-aided Design Market, Global, 2023‒2030

Design Innovation is Driving Transformational Growth through the Adoption of Advanced Technologies and Cloud-based Deployments in Manufacturing

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Computer-aided design (CAD) is an essential tool for designers in manufacturing. As products and demands change, CAD must evolve to accommodate these transformations. A new market landscape is emerging as software-defined products become the norm, prompting manufacturers to adapt and manage the mechanical and electronic dimensions of their products...

The condition monitoring equipment market will undergo a significant transformation over the next 5 or 7 years due to the advent of new technologies, changing requirements for connectivity and analytics features, other equipment specifications. The condition monitoring market generated $1.92 billion in 2018. Although the revenue trajectory varies ...

18 Sep 2020  |  Global  |  Market Research

Value-added Services Backed by Industry 4.0 to Propel the Global Oil & Gas Refinery MRO Services Market, 2020–2024

Leveraging Cloud, Big Data and Analytics will Improve Accessibility for Customers and Enable MRO Service Providers to Generate New Revenue Streams

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Maintenance, repair and overhaul (MRO) services catering to the oil & gas refinery market will be adversely impacted by the Coronavirus 2019 (COVID-19) induced economics slump, alongside the oversupply of oil and lack of storage capacities 2016 to 2024 (the study period of this research). This market is currently (2019) valued at $15.40 billion and...

27 Oct 2021  |  Global  |  Market Research

Global Manufacturing Execution Systems (MES) Growth Opportunities

Paperless Shop Floors Drive the Evolution of Intelligent Machines in Process, Discrete, and Hybrid Industries

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The increase in volume of data within a shop floor and the complexity of networking within a plant requires systems that make the flow of data easy to handle. Manufacturing Execution System (MES), is considered the heart of data within the process, discrete, and hybrid industries. MES is the layer of controller software that connects the Enterpr...