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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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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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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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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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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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04 Apr 2018  |  North America  |  Market Research
Global Pumps Market in the Oil and Gas Industry, Forecast to 2024
Oil Price Recovery will Drive the Market in the Short Term and Digital Transformation will Disrupt the Market in the Long Term
The oil price crash had sparked economic turmoil and shaken the entire oil and gas industry value chain. Pump manufacturers were severely impacted during the price rout. As the oil price is expected to range between $60 and $70 for the year, there is increased optimism in the market. This is expected to drive a large amount of activities, especiall...
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10 Jun 2019  |  Global  |  Market Research
IoT in Pumps—Mapping Your IoT Monetization Strategy
Assessment of Innovative Business Models to Unlock New Revenue Streams
This Frost & Sullivan study identifies, assesses, and evaluates the lucrative growth opportunities available for pump vendors if they integrate IIoT into their solution offering. Based on interactions with pump, automation, IoT, and end-user companies, Frost & Sullivan has identified 5 growth opportunities that helps pump manufacturers to identify ...
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22 Sep 2020  |  Global  |  Market Research
Demand for Energy-efficient Pumps and Digital Services Powering the Global Centrifugal Pumps Market
Future Growth Potential Enhanced by Growth Opportunities in IoT-based Pump Solutions
This research service covers the growth opportunities for the global centrifugal pumps market. It offers segments by type of pumps such as single-stage, multi-stage, axial and fixed flow, submersible, and sealless and circular. Revenue segmentation is by region and top participants in the market. It mainly discusses 8 growth opportunities: demand f...
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31 Jan 2020  |  Europe  |  Market Research
Industrial Pumps Market in Russia, Forecast to 2023
Need for Refurbishment of Old Process Plants, Diminishing Sanctions and Revival of the Oil & Gas Industry are likely to Drive Growth
This Market Engineering Research report covers the industrial pumps market in Russia. This report provides market size and forecasts, highlights key trends, presents a breakdown by segments, and provides a competitive and end-user industry analysis, as well as makes predictions for the future. Key market drivers and restraining factors have been di...
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25 Oct 2019  |  North America  |  Market Research
Global Heat Exchangers Market, Forecast to 2024
Investments in the Energy Sector, Particularly in North America and APAC, are Likely to Offset the Effects of the Trade War and Drive Long-term Market Growth
This Frost & Sullivan research service analyzes the global heat exchangers market in detail from 2015 to 2024, where the base year of the study is 2018. This study examines the various product segments, end-user industries, and market shares, and offers a competitive analysis of the global market participants. Regional analyses are provided for Nor...
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