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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
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...
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17 Jul 2024  |  Global  |  Market Research
Global Quality AI Growth Opportunities, 2024 2028
AI in Quality Guarantees Productivity, Efficiency, Top-line Growth, and Cost Benefits for Businesses
This study examines the increasing use of artificial intelligence (AI) in quality management. The rapid advancement of AI has led to its use across sectors, particularly quality management, as is evident in the growth of predictive quality analytics and enterprise quality management systems (EQMS). With increasing competitive intensity, it has beco...
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30 Sep 2021  |  Global  |  Market Research
Global Digital Services in Pumps Growth Opportunities
Future Growth Potential and Revenue Streams for OEMs with Outcome-based Business Models Focused on Efficiency
Digital transformation is forming a core part of organization strategy across industry verticals to survive economic headwinds, adapt to dynamic market conditions, and remain relevant in an increasingly competitive global environment. Global pandemic, oil price volatility, political tensions, and climate action have further accelerated the need to ...
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12 Jun 2020  |  Global  |  Megatrends
2025 Vision: Future of Pumps in a Connected World
Innovative Business Models Centered Around Services are Expected to Unlock New Revenue Streams for the Pumps Industry
This study forecasts the future of the pumps industry amidst the onset of a new wave of digitalization and the Industrial Internet of Things (IIoT). The changing market conditions influenced by demand-supply shock, oil price volatility, political tension, and shift in customer preferences are making pump manufacturers revisit their value propositio...
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18 Nov 2021  |  Latin America  |  Market Research
Latin American Pumps Market Growth Opportunities
Innovative Business Models Enable Advanced Services and Continuous Revenue Streams for Stakeholders
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...
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20 Nov 2024  |  Global  |  Market Research
Compressor Growth Opportunities in the Hydrogen Market
Compressor Vendors Exploring Hydrogen Production Technologies as Emissions Regulations Dominate the Climate Agenda
The analysis of the global compressors market in the emerging hydrogen sector discusses key trends and insights into the opportunities available for compressor vendors. Significant developments in hydrogen production from fossil fuels with carbon capture, utilization, and storage (CCUS) have been made despite marginal growth in production from anno...
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18 Jan 2023  |  Global  |  Market Research
Global Commercial Building Pump Growth Opportunities
Transformative Mega Trends, such as Net-zero Energy, are Rising
Buildings continue to evolve rapidly as the requirements of businesses and people change. Responsive, resilient, comfortable, and safe buildings are the need of the hour. Often, residents and owners are concerned about operating costs due to the high expenses incurred during maintenance. Managing building operations using poor-quality technology...
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11 Dec 2024  |  Global  |  Market Research
Software-defined Automation - Charting the Course for Next-generation Manufacturing
Industries are Shifting to Decentralized, Flexible, and Open Automation Architecture
Software-defined automation (SDA) represents a paradigm shift in industrial and manufacturing control systems that addresses traditional operational technology (OT) architectures' limitations. As proprietary, hardware-intensive automation systems reach the end of their life cycles, they increasingly hinder innovation, scalability, and adaptability ...
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10 Jan 2022  |  Europe  |  Market Outlook
Global Compressors Outlook 2022
Rising Need for Compressed Air in Key Industries to Sustain Growth
This outlook on compressors provides information on the total revenue generated in the compressors market. It discusses the impact of the coronavirus on key industries that deploy compressors, besides providing predictions for 2022. Frost & Sullivan has observed a direct correlation between energy security and economic development. Improved researc...
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28 Nov 2016  |  North America  |  Market Research
Global Turbomolecular Pumps Market, Forecast to 2022
APAC Remains the Hotspot, Contributing to 46.2% of the Overall Market Revenue
This study analyzes the global turbomolecular pumps market. Drivers and restraints have been provided for the forecast period, which runs through to 2022, with 2015 as the base year. Revenue and market share have been discussed in terms of end-user segments. The key end users are semiconductors, industry processes, analytical instruments, research ...
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