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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...

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...

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...

06 Jul 2022  |  Global  |  Market Research

Global Positive Displacement (PD) Pumps Growth Opportunities

Innovative Business Models for PD Pumps to Drive Transformational Growth

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This study evaluates the impact of industry trends and challenges on the growth prospects of the positive displacement (PD) pump market over the next five years (2022–2026) and analyzes how end users across verticals are revising their strategies to adapt to the current market conditions. The vertical markets analyzed in this study are oil and ...

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 ...

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...

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

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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...

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...