Search results for: 'training data cloud'

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

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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...

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

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Key Issues Addressed

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...

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

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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...

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...

04 Sep 2024  |  Global  |  Market Research

Growth Opportunities in the Augmented Connected Worker Sector, Global, 2023 2030

Internal Challenges are Driving Transformational Growth in Industrial Software

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Manufacturing tasks are becoming increasingly complex frontline workers must interact with multiple vertical systems on a daily basis and companies are finding it difficult to find and train suitable new workers. Additionally, an increasing number of small and medium-sized manufacturing companies are beginning their digital transformation. Many ven...

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...

The Frost Radar on product lifecycle management (PLM) offers a competitive benchmark analysis derived from Frost & Sullivan s Global PLM Growth Opportunities study published in April 2024. It ranks 11 companies that best re?ect the PLM industry landscape on their growth potential and ability to innovate and disrupt. Global PLM industry revenue...

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

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Key Issues Addressed

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...

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 ...