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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,...

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...

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,...

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...

The COVID-19 pandemic led to the rapid scaling up of production activities in the pharmaceutical industry. An increase in the number of FDA approvals in biologics has further accelerated biopharmaceutical production, particularly in North America and Asia. With a boom in biopharmaceuticals anticipated in the next 5 to 7 years, the demand for single...

01 Apr 2015  |  Asia Pacific  |  Market Research

Analysis of Southeast Asian Pump Services Market

Focus on Increasing Plant Productivity and Efficiency across Industries Boosts Demand for Pump Services

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The scope of the study includes pump services used in oil and gas, chemicals and petrochemicals, power generation, water and wastewater treatment, food and beverage, and other industries such as pharmaceuticals, pulp and paper, and metals and mining. Services include maintenance, repair, and overhaul (MRO), installation and commissioning (I&C), val...

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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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...

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 ...

Pumps play an important role in a variety of sectors. The energy sector (oil and gas, power generation and petrochemicals) is the largest, but with the emphasis on decarbonization and curbing carbon emissions, the worldwide focus is on developing sustainable industrial practices. Companies, governments, and end users are analyzing various ways to d...