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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...

23 May 2016  |  North America  |  Market Research

Global Pumps Market in the Oil and Gas Industry

Process Equipment Companies Will Continue to Wait out the Brutal Economic Scenario in the Short Term

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The oil price crash has sparked economic turmoil and has shaken the entire oil and gas industry value chain. Pump manufacturers are definitely feeling the effects. This research service analyzes current and future trends in the global pumps market in the oil and gas industry, based on usage in the upstream, midstream, and downstream sectors. The m...

This research service analyzes current and future trends in the global pumps market in the oil and gas industry. Analysis is based on end users and product types and is segmented by centrifugal and positive displacement pumps. Various market drivers and restraints and any challenges and their impact over time are discussed. This research outlines t...

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...

This Frost & Sullivan research service analyzes the global heat exchangers market in detail from 2015 to 2024, where the base year of the study is 2018. This study examines the various product segments, end-user industries, and market shares, and offers a competitive analysis of the global market participants. Regional analyses are provided for Nor...

30 Sep 2021  |  Global  |  Market Research

Global Digital Services in Pumps Growth Opportunities

Future Growth Potential and Revenue Streams for OEMs with Outcome-based Business Models Focused on Efficiency

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Digital transformation is forming a core part of organization strategy across industry verticals to survive economic headwinds, adapt to dynamic market conditions, and remain relevant in an increasingly competitive global environment. Global pandemic, oil price volatility, political tensions, and climate action have further accelerated the need to ...