Search results for: 'transforms environment'

The COVID-19 pandemic has disrupted the compressor services value chain as most countries restricted the movement of personnel, affecting compressor servicing to a certain degree. The Frost & Sullivan study on the global compressor services market provides an overview of key market trends, total and regional revenues, and growth areas until 2025. T...

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...

Process industries such as oil & gas, chemical, and power generation are undergoing digital transformation to gain the competitive edge. With a focus on digital transformation, there is an equal emphasis on improving reliability and efficiency of assets on site. In addition, a surge in unplanned maintenance of applications and process systems is la...

This research service covers the growing North American micro liquid natural gas (LNG) opportunities for process equipment suppliers. The study covers the micro LNG development in the US market, opportunities for process equipment manufacturers, and future potential growth for the product segments and key end-user segments. Growing energy requireme...

26 Sep 2018  |  North America  |  Market Research

North American Pump Services Market, Forecast to 2023

Industry 4.0, IIoT, and Smart Services are Disrupting the $3.47 Billion Market

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Key Issues Addressed

This research study analyzes the North American pump services market across various industries. With increasing oil prices, the demand for pump services is expected to grow. Analysis is provided by type of pump service (MRO, installation and commissioning, decommissioning, and value-added services). Besides, the study sheds light on the key factors...

27 May 2020  |  North America  |  Market Research

Analysis of the North American Industrial Valves Market, Forecast to 2026

A Bleak Investment Outlook and Prolonged Trade Tensions in the United States Accounted for the Subdued Market Activity

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Key Issues Addressed

Prolonged geopolitical tensions and a bleak investment climate in North America have negatively impacted the growth of the North American industrial valves market. The market is mature, and it comprises saturated end-user industries, such as oil and gas (O&G) and power generation. After a brief reprieve in 2018 due to the recuperation of the O&G in...

23 Dec 2020  |  North America  |  Market Research

In-house Servicing Capabilities and Sustainability Initiatives Driving the Oil-free Compressors Market

Innovative Business Models With Technology as the Crux Will Enable Growth

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This study on the global oil-free compressors market provides an understanding on the key trends affecting the market in the current scenario, the total revenue generated by region and the growth areas until 2025. The study covers the market share of key participants, growth, and action items for vendors to enable them to retain and improve their m...

25 Aug 2021  |  North America  |  Market Research

Global Centrifugal Pumps Growth Opportunities

Shift toward Sustainable Energy and Technology-enabled New Business Models Drive Future Growth Potential

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There is increasing emphasis on curbing carbon emissions and moving toward sustainable industrial practices worldwide. Governments, organizations, and end users are evaluating different ways to reduce emissions, with the energy sector focusing on green strategies to drive the next decade of innovation. As the COVID-19 pandemic causes severe uncerta...