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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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13 Oct 2022  |  Global  |  Market Research
Global Air Compressors Market, Forecast to 2026
Declining Cost of Renewable Energy to Augment the Future Growth Potential of Green Initiatives in Manufacturing
This air compressors fact book provides information on the key trends affecting the industrial air compressors market. Markets faced significant constraints as COVID-19 disrupted the value chain and restricted the movement of personnel. While most companies bounced back strongly in 2021 with increased orders, growth has not been even. Compressor ma...
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26 Sep 2024  |  Global  |  Market Research
Industrial Roboverse, Global, 2024 2029
Operational Efficiency Gains are Driving Transformational Growth in Industrial Robots due to the Rising Labor Shortage, Pushing Industries to Automate Tasks
This study explores industrial robotics' potential growth opportunities. The global workforce shortage and customers' growing interest in automation are significant drivers for the adoption of robots, which are being deployed across several industries, including retail, manufacturing, healthcare, food and beverage, and agriculture. A few countries ...
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13 Jun 2024  |  Global  |  Market Research
Industrial Roboverse Growth Opportunities in the F&B and Pharmaceutical Industries
Driving Agile Manufacturing While Maximizing Quality, Efficiency, and Compliance Augments Robotic Adoption
This study explores the potential growth opportunities presented by industrial robotics in the food and beverage (F&B) and pharmaceutical industries. The inclination toward robotic automation is increasing in both sectors as workforce scarcity remains a significant issue. Robots are being deployed across various applications within the F&B and phar...
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10 Jun 2024  |  Global  |  Market Research
Global Software-defined Automation Growth Opportunities, 2024
Internal Challenges in Manufacturing are Driving Paradigm Changes in Industrial Automation
Industrial control and automation have been historically dependent on hardware devices and proprietary, vertically integrated systems. Shifting the centralization of logic and intelligence from hardware into software that can run on any capable device is a key step in improving productivity and flexibility in manufacturing. This shift also addresse...
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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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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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02 May 2019  |  Europe  |  Market Research
European Vacuum Pumps Market, Forecast to 2024
Increasing Focus on Energy Efficiency and Demand From Various New Applications Drives the Demand for Vacuum Pumps
Vacuum pumps are used in majority of industrial applications where there is a requirement for hygiene and pressure below the atmospheric pressure. For example, manufacturing of wafers in the semiconductor industry requires approximately 1,000 turbo pumps and more than 4,000 backing pumps. In R&D applications, a single pump will suffice the vacuum r...
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15 Dec 2023  |  Global  |  Technology Research
Advancements in Welding Technologies
Convergence between Artificial Intelligence, Machine Learning, and Robots Drive Trends toward Automation, Digitization, and Sustainability
Welding is a versatile and essential fabrication process that uses heat to join metals together, either similar or dissimilar metals. Unlike brazing and soldering that use a lower temperature to metal fusion, welding technologies operate at very high temperatures. Welding is the most-used fabrication technique across all industry verticals. With f...
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