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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...

08 Apr 2025  |  Global  |  Technology Research

Technological Advances in Photonic Sensing Impacting the Healthcare and Manufacturing Sectors

Harnessing the Power of Light: Photonic Sensing for Advanced Healthcare and Manufacturing Solutions

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Photonic sensing has become a disruptive force in a few sectors, most notably industry and healthcare. Photonic sensors provide groundbreaking advances that enhance precision, performance, and reliability in critical applications by utilizing the unique properties of light for detection, measurement, and imaging. Photonic sensing is revolutionizing...

13 Mar 2026  |  Global  |  Market Research

Global Pumps Market in Commercial Buildings, 2024–2030

Advanced Data Orchestration by AI Agents to Reshape the Commercial Buildings Sector

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This study on pumps in commercial buildings provides an understanding of key revenue trends and applications of industrial pumps in commercial buildings. It also discusses growth opportunities for pump manufacturers. Industrial pumps play a vital role in the operation, efficiency, and sustainability of commercial buildings by enabling the reliable ...

The safety instrumented systems (SISs) study provides an analysis of the impact SISs have on process industries across the globe. Despite being a mature market, the need to replace and upgrade systems in continuous process industries drives SIS market growth. This research service offers forecasts and analyses of the following segments: emergenc...

This study explores the potential growth opportunities for global industrial inspection robotics. The emphasis on workforce safety and customers' growing interest in automation are significant drivers for adopting robots for inspection services, which are being deployed across several industries, including oil and gas, utility, chemicals, railways,...

This study examines the emerging landscape of neuromorphic computing and its role in enabling low-power, real-time, brain-inspired intelligence across edge and autonomous systems. It reviews advancements in spiking neural networks, memristor-based computing in memory, event-driven vision sensors, and hybrid neuromorphic and conventional architectur...

23 Aug 2022  |  Global  |  Market Research

Growth Opportunities for Digital Twins in Manufacturing

Next generation Digital Twins Enabling Transformational Growth in Industrial Manufacturing

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Key Issues Addressed

Digital twins (DTs) are not a novelty. Different industry verticals have been benefiting from DTs for decades. However, technological enablers such as artificial intelligence, blockchain, and 5G are expanding the limits of DTs and opening up the concept. The next generation of plants and factories are starting to demonstrate success in complementi...

Quantum sensing is transitioning from laboratory research to industrial deployment, driven by the need for ultra-precise, reliable measurement in high-impact sectors such as healthcare, defense, and advanced manufacturing. This shift reflects a broader move from controlled, research-grade environments toward scalable, field-ready systems that meet ...

Multimodal sensor fusion is an advanced perception technology that combines data from multiple sensors, including cameras, LiDAR, radar, ultrasonic sensors, thermal cameras, and inertial measurement units (IMUs), to give robots and autonomous systems a more accurate, reliable, and comprehensive understanding of their environment. It overcomes the l...