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17 Mar 2020  |  Global  |  Market Research
Global Oil and Gas Pumps Market, 2019
With Short-term Economic Setbacks, There is a Need to Curtail Operating Costs and Improve Well Productivity to Solidify Pump Sales and Boost the Adoption of Industrial Internet of Things (IIoT) Based Solutions in the Long Run
The aim of this research study is to identify and analyze various market trends impacting and influencing the pumps landscape in the oil and gas industry. Oil price volatility, economic uncertainties, trade conflict, and political tensions have severely affected the investment sentiment in the oil and gas industry. Moreover, the increasing concern ...
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05 Sep 2024  |  Global  |  Market Research
Growth Opportunities in Autonomous Security Robots, 2024
Advanced AI and Robotics are Transforming Security Operations Across Industries
The autonomous security robot market is undergoing rapid expansion driven by escalating security concerns, advancements in technology, and the pursuit of operational efficiency. This analysis delves into the primary growth prospects within this domain, encompassing the exploration of new verticals such as airports, events, and the BFSI sector. By s...
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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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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 May 2019  |  Europe  |  Market Research
European Pumps Market for Commercial Building, Forecast to 2022
Need for Energy-efficient Pumps and Improved Domestic Demand are Driving the Growth
Accommodative monetary policy and low interest rates by the European Central Bank, coupled with increasing investments by Chinese investors in Central and Eastern Europe, had aided the resurgence of European economy in 2017. As part of China’s One Belt One Road project, the 16 Plus 1 initiative has made investments of $3 billion and plans to invest...
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26 Nov 2019  |  Global  |  Frost Radar
Frost Radar in the Top IoT Solutions in the Pumps Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
In the current dynamic environment, which has uncertain economic conditions, trade wars, price volatility, production slowdown, and intense market competition, manufacturers are striving to improve operational efficiency in their existing plants and are keen to cut down the maintenance and operational related costs occurring due to unexpected failu...
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08 Nov 2021  |  Global  |  Market Research
Global Centrifugal Blowers Growth Opportunities
Innovative Business Models Leverage IIoT Technologies to Focus on Energy Efficiency and Digital Services to Unleash New Growth Potential
In today’s turbulent economic conditions and the challenges brought about by the global COVID-19 pandemic, geopolitical chaos and supply chain gluts have affected investor sentiment. Delays in new project investment, concerns of low RoI, and high operational expenses, especially in the oil and gas upstream sector and the chemical process, power gen...
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21 Jun 2019  |  Europe  |  Market Research
Analysis of the European Industrial Valves and Actuators Market, Forecast to 2024
Automation and Initiatives Like Industrie 4.0 and IIoT are Expected to Drive the Market
In the last couple of decades, the valve manufacturing industry was focused on identifying low-cost manufacturing destinations as ‘Outsourcing’ had huge pricing benefits. Despite the pricing benefits, low quality and late delivery were serious concerns to the manufacturers and end users. Has the situation changed in recent years? Are valve manufact...
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18 May 2021  |  Global  |  Market Research
Industrial Internet of Things (IIoT) Drives Innovation in Digital Solutions for the Global Gear Pump Market
New Pump-as-a-Service Business Models Lead OEMs toward Transformational Growth
This study analyzes the global gear pump market and its growth prospects in the short, medium, and long terms. The COVID-19 pandemic has created unforeseen circumstances for businesses around the world, affecting overall growth of the manufacturing sector. This research offers a growth outlook for the global gear pump market from 2021 to 2025. The...
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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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