Search results for: 'thing device'

18 May 2021  |  Global  |  Market Research

Industrial Internet of Things (IIoT) Drives Innovation in Digital Solutions for the Global Gear Pump Market

New Pump-as-a-Service Business Models Lead OEMs toward Transformational Growth

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This study analyzes the global gear pump market and its growth prospects in the short, medium, and long terms. The COVID-19 pandemic has created unforeseen circumstances for businesses around the world, affecting overall growth of the manufacturing sector. This research offers a growth outlook for the global gear pump market from 2021 to 2025. The...

25 Jul 2019  |  North America  |  Market Research

Global Mechanical Seals Market, Forecast to 2023

Volatile Oil Prices, Industrial Internet of Things, and Focus on Emerging Markets Open Up Exciting New Opportunities

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This research service analyzes current and future trends in the global mechanical seals market across various industries. This analysis is in a PowerPoint format. This study is based on end-user industries (oil & gas, chemicals, food & beverage, metals & mining, power generation, water & wastewater, and others) within the global mechanical seals ma...

17 Mar 2020  |  Global  |  Market Research

Global Oil and Gas Pumps Market, 2019

With Short-term Economic Setbacks, There is a Need to Curtail Operating Costs and Improve Well Productivity to Solidify Pump Sales and Boost the Adoption of Industrial Internet of Things (IIoT) Based Solutions in the Long Run

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The aim of this research study is to identify and analyze various market trends impacting and influencing the pumps landscape in the oil and gas industry. Oil price volatility, economic uncertainties, trade conflict, and political tensions have severely affected the investment sentiment in the oil and gas industry. Moreover, the increasing concern ...

The COVID-19 pandemic has disrupted the compressor services value chain as most countries restricted the movement of personnel, affecting compressor servicing to a certain degree. The Frost & Sullivan study on the global compressor services market provides an overview of key market trends, total and regional revenues, and growth areas until 2025. T...

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...

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 and subsequent outbreak of new variants have forced pump OEMs to revisit their manufacturing and supply chain strategies to remain relevant and resilient in a volatile business landscape. This research outlook provides an overview of various global opportunities and roadblocks that will influence pump OEMs’ growth performance ...

22 Sep 2020  |  Global  |  Market Research

Demand for Energy-efficient Pumps and Digital Services Powering the Global Centrifugal Pumps Market

Future Growth Potential Enhanced by Growth Opportunities in IoT-based Pump Solutions

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This research service covers the growth opportunities for the global centrifugal pumps market. It offers segments by type of pumps such as single-stage, multi-stage, axial and fixed flow, submersible, and sealless and circular. Revenue segmentation is by region and top participants in the market. It mainly discusses 8 growth opportunities: demand f...

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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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 ...