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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...

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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Key Issues Addressed

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 ...

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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Key Issues Addressed

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...