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06 Aug 2026  |  Global  |  Market Research

Machine Tools Sector, Global, 2023–2030

The Shift to High-precision and Multi-functional Machines is Driving Transformational Growth

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This study provides an in-depth understanding of the machine tools industry. It discusses the key trends and challenges faced by machine tool manufacturers, in addition to providing forecasts until 2030. The study provides a region-wise breakdown with discussions on key industries. Machine tool manufacturing is being reshaped by a combination of di...

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 ...

This RS analyses the trends in the global machine tools and cutting tools market, particularly the trend of increased investment in automobile, aerospace and defence, and civil construction sectors in Brazil, Russia, India, and China (BRIC). The driving forces, such as the exploration of new oil and gas fields and the expansion of the mining indust...

The additive manufacturing sector has seen significant growth in recent years owing to growing demand for customized products and complex geometries in various sectors, including automotive, defense, aerospace, consumer electronics, manufacturing, and energy. AI has a wide range of applications in additive manufacturing at various levels and is a k...

The study analyses the global pump services market across various industries. With new pump projects on hold, there will be greater demand for pump services. Analysis is provided by type of pump service (MRO, installation and commissioning, decommissioning, and value added services). Geographic trends across four regions (North America, EMEA, APAC,...

This study examines the future of the process automation market, analyzing the shift from traditional hardware-centric systems to software-defined, AI-driven autonomous operations within process and hybrid industries. The research employs ISA-95 technology layer segmentation to assess market evolution and competitive dynamics across oil & gas, chem...

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...

This study analyses the size, drivers, restraints, trends, opportunities, and competitive environment of the Australian industrial pumps market from 2017 to 2024. The Australian industrial pumps market is undergoing significant changes in its competitive and technological environment. Driven by the demand from key end markets and for technological ...

09 Jul 2025  |  Global  |  Market Research

Industrial Services Market, Global, 2025–2029

Transformational Growth is due to Increasing Customer Expectations, Digital Transformation, and the Rise of Advanced Services Offerings

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Industrial services ensure maximum performance of equipment and processes. Spare parts replacement, calibration, repairs, predictive maintenance, advanced services, and training improve productivity, minimize cost, and extend the useful life of products and systems, and give customers in process, hybrid, and discrete industries a faster return on t...