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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

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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...

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...

The study analyses the global pump services market across various industries. With new pump projects on hold, there will be greater demand for pump services. Analysis is provided by type of pump service (MRO, installation and commissioning, decommissioning, and value added services). Geographic trends across four regions (North America, EMEA, APAC,...

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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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 research service analyzes current and future trends in the global pumps market across various industries. This analysis is in an Excel format. Analysis has been based on the key end-user segment of pumps (oil and gas, chemicals, power generation, construction, pharmaceuticals, food and beverage, metals and mining, water and wastewater, and oth...

25 Jul 2019  |  North America  |  Market Research

Global Mechanical Seals Market, Forecast to 2023

Volatile Oil Prices, Industrial Internet of Things, and Focus on Emerging Markets Open Up Exciting New Opportunities

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This research service analyzes current and future trends in the global mechanical seals market across various industries. This analysis is in a PowerPoint format. This study is based on end-user industries (oil & gas, chemicals, food & beverage, metals & mining, power generation, water & wastewater, and others) within the global mechanical seals ma...

28 Nov 2016  |  North America  |  Market Research

Global Turbomolecular Pumps Market, Forecast to 2022

APAC Remains the Hotspot, Contributing to 46.2% of the Overall Market Revenue

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This study analyzes the global turbomolecular pumps market. Drivers and restraints have been provided for the forecast period, which runs through to 2022, with 2015 as the base year. Revenue and market share have been discussed in terms of end-user segments. The key end users are semiconductors, industry processes, analytical instruments, research ...

Latin America is a region rich in natural resources. As such, the extractive industry plays a crucial role in the countries’ economies. Although the oil and gas industry drives pump sales as the largest end user, other industries such as power generation, water and wastewater, construction, chemical processes, food and beverage, pharmaceuticals, an...

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...