Search results for: 'asset management decisive'

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...

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...

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

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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...

17 Mar 2020  |  Global  |  Market Research

Global Oil and Gas Pumps Market, 2019

With Short-term Economic Setbacks, There is a Need to Curtail Operating Costs and Improve Well Productivity to Solidify Pump Sales and Boost the Adoption of Industrial Internet of Things (IIoT) Based Solutions in the Long Run

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The aim of this research study is to identify and analyze various market trends impacting and influencing the pumps landscape in the oil and gas industry. Oil price volatility, economic uncertainties, trade conflict, and political tensions have severely affected the investment sentiment in the oil and gas industry. Moreover, the increasing concern ...

10 Jun 2019  |  Global  |  Market Research

IoT in Pumps—Mapping Your IoT Monetization Strategy

Assessment of Innovative Business Models to Unlock New Revenue Streams

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Key Issues Addressed

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 ...

08 May 2020  |  Global  |  Market Outlook

Strategic Outlook of the Global Pumps Market, 2020

Covid-19, the Unforeseen Pandemic, Disrupting Manufacturing Activity with Signs of Economic Crisis; a Phase to Explore New Business Models for Pump Manufacturers

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This research service covers the global opportunities in 2020 for pump companies in the top 3 end-user industry segments (water and wastewater, food and beverages, and construction). It offers regional analysis of how economic factors will impact the market. Opportunities in all end-user industry applications for pump manufacturers are highlighted,...

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...

The global oil-free compressor market generated revenue of approximately $2,948 million in 2018 and is expected to expand at a compound annual growth rate of 3.3% (2018–2023). The objective of this study is to identify and evaluate both current and future trends that influence the global oil-free compressor market. With 2018 as the base year, the ...

21 Dec 2018  |  Europe  |  Market Research

European Pumps Market in the Chemical Industry, Forecast to 2025

Integration of Energy-efficient and IIoT Capabilities is Expected to Unlock New Revenue Streams for Pump Manufacturers

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The objective of this study is to identify and evaluate the growth opportunities for pump manufacturers of centrifugal and positive displacement in the chemicals industry by analyzing the route toward expanding the breadth of their product and service offering. It analyzes both present and future trends influencing the pump manufacturing market tha...