Search results for: 'propel market'

The emergence of Industrial Internet of Things (IIoT) technologies has accelerated the process of digital transformation across various end-use industries. There is a growing need to monitor, measure, analyze, and manage the failure of assets as a part of digital transformation initiatives. Asset-intensive industries have been grappling with consta...

Increasing focus by end-users on reliability and safety is expected to mobilise the industrial compressor services market. Repairs and maintenance activities have assumed greater significance post the 2008-09 economic recession, which diminished the capital expenditure for new projects. The impact of European Union sanctions (on account of the geo-...

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...

17 Jan 2020  |  Asia Pacific  |  Market Research

Asia-Pacific Machine Tool Market, Forecast to 2023

Manufacturing Industries Shifting Toward Low-cost Production, Coupled with Globalization of Markets, is Propelling the Consumption of Machine Tools in Asia-Pacific

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Growing per-capita income of middle-class consumers has led to a rise in spending on goods. To meet the demand and grab the opportunity in the Asian market, manufacturing industries are investing in new production plants and machines. Additionally, low-cost manufacturing competitiveness such as lower labor costs, young populations, and low cost of ...

In 2024, the industrial automation and manufacturing sectors will experience a transformational growth journey propelled by state-of-the-art technological advancements and changing dynamics shaped by a complex economic landscape, geopolitical tensions, supply chain disruptions, labor market and workforce issues, stringent regulatory requirements, a...

12 Mar 2026  |  Global  |  Market Research

Diesel Pumps Market, Global, 2025–2026

Aftermarket and Replacement Demand, Especially Across the Asia-Pacific, is Driving Market Growth

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This Frost & Sullivan analysis offers an understanding of the diesel pumps market and the key trends shaping adoption. Recent trends show end users shifting toward cleaner energy sources. However, some regions still present opportunities. The main challenge for suppliers is to provide reliable, off-grid pumping solutions where electric infrastructu...

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...