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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
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...
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13 May 2019  |  Europe  |  Market Research
European Pumps Market for Commercial Building, Forecast to 2022
Need for Energy-efficient Pumps and Improved Domestic Demand are Driving the Growth
Accommodative monetary policy and low interest rates by the European Central Bank, coupled with increasing investments by Chinese investors in Central and Eastern Europe, had aided the resurgence of European economy in 2017. As part of China’s One Belt One Road project, the 16 Plus 1 initiative has made investments of $3 billion and plans to invest...
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02 May 2019  |  Europe  |  Market Research
European Vacuum Pumps Market, Forecast to 2024
Increasing Focus on Energy Efficiency and Demand From Various New Applications Drives the Demand for Vacuum Pumps
Vacuum pumps are used in majority of industrial applications where there is a requirement for hygiene and pressure below the atmospheric pressure. For example, manufacturing of wafers in the semiconductor industry requires approximately 1,000 turbo pumps and more than 4,000 backing pumps. In R&D applications, a single pump will suffice the vacuum r...
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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
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...
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10 Jun 2019  |  Global  |  Market Research
IoT in Pumps—Mapping Your IoT Monetization Strategy
Assessment of Innovative Business Models to Unlock New Revenue Streams
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 ...
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31 Jan 2020  |  Europe  |  Market Research
Industrial Pumps Market in Russia, Forecast to 2023
Need for Refurbishment of Old Process Plants, Diminishing Sanctions and Revival of the Oil & Gas Industry are likely to Drive Growth
This Market Engineering Research report covers the industrial pumps market in Russia. This report provides market size and forecasts, highlights key trends, presents a breakdown by segments, and provides a competitive and end-user industry analysis, as well as makes predictions for the future. Key market drivers and restraining factors have been di...
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26 Nov 2019  |  Global  |  Frost Radar
Frost Radar in the Top IoT Solutions in the Pumps Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
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...
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Special Price $3,712.50 save 25 %