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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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14 Nov 2024  |  Global  |  Market Research
Computer-aided Design Market, Global, 2023‒2030
Design Innovation is Driving Transformational Growth through the Adoption of Advanced Technologies and Cloud-based Deployments in Manufacturing
Computer-aided design (CAD) is an essential tool for designers in manufacturing. As products and demands change, CAD must evolve to accommodate these transformations. A new market landscape is emerging as software-defined products become the norm, prompting manufacturers to adapt and manage the mechanical and electronic dimensions of their products...
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27 Dec 2024  |  Global  |  Frost Radar
Frost Radar™: Mechanical Computer-aided Design, 2025
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
The Frost Radar™ on mechanical computer-aided design (MCAD) offers a competitive benchmark analysis derived from Frost & Sullivan’s CAD Growth Opportunities report. It ranks eight companies on their growth potential and ability to innovate. MCAD revenue amounted to $6.4 billion in 2023. Frost & Sullivan expects revenue to reach $10.46 billion by 2...
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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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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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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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26 Feb 2024  |  Global  |  Market Research
Top 8 Growth Opportunities in Digital Industry Accelerators, 2024
Expect a Massive Rollout of New Digital Transformation Projects across the Manufacturing and Process Sectors
In 2024, a new multipolar world will emerge, reshaped by digital industries that have become mainstream following the 2020 COVID-19 pandemic. This shift signals an accelerated push toward digitalization, unveiling eight novel growth opportunities in digital industries, each marking a significant step in industry progress and offering vast potential...
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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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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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