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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
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 ...
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05 Apr 2022  |  Global  |  Market Outlook
Global Pumps Outlook, 2022
The Water and Wastewater Industry, IIoT-based Pump Solutions, and Energy Transition Projects to Fuel Future Growth Potential Despite Economic Hurdles
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 ...
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20 May 2019  |  Global  |  Customer Research
IoT in Pumps—2018 End-user Feedback on IoT Implementation and Challenges
End-user Analysis on the Market Receptiveness towards IoT Asset Monitoring Solutions
The onset of the Industrial Internet of Things (IIoT) is transforming the entire manufacturing ecosystem by redefining the production process, supply chain, and end-product delivered to the customers. The business environment is turbulent due to uncertain economic conditions, a shift in customer preferences towards custom-made products, fluctuating...
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08 May 2020  |  Global  |  Market Outlook
Strategic Outlook of the Global Pumps Market, 2020
Covid-19, the Unforeseen Pandemic, Disrupting Manufacturing Activity with Signs of Economic Crisis; a Phase to Explore New Business Models for Pump Manufacturers
This research service covers the global opportunities in 2020 for pump companies in the top 3 end-user industry segments (water and wastewater, food and beverages, and construction). It offers regional analysis of how economic factors will impact the market. Opportunities in all end-user industry applications for pump manufacturers are highlighted,...
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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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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
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...
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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
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 ...
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02 Feb 2021  |  Global  |  Market Research
Big Data Analytics and Artificial Intelligence are Driving the Global LIMS Market
Data-based Decision Making and Laboratory Automation are Driving Market Growth
A laboratory information management system (LIMS) is a type of application that is designed to enhance laboratory quality and performance by keeping track of data relating to samples, tests, workflows, and equipment. Cloud LIMS and data integration analysis are driving demand for LIMS across the world. Pharmaceuticals and life sciences applicatio...
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04 Mar 2022  |  Global  |  Customer Research
Global AI Maturity Survey Analysis
Analysis from the 2021 Frost & Sullivan Global AI Survey
AI holds the potential to deliver significant benefits for economies and societies—from enabling new business models and driving operational efficiencies to the provision of accurate predictive outcomes. As AI promises to create immense value, organizations have started adopting it. However, the deployment of AI is a journey as organizations st...
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23 Dec 2021  |  Global  |  Market Research
Global Single-use Pumps Growth Opportunities
Disruptive Technologies and Innovative Business Models to Unleash Cost-efficient, Safe, and Sustainable Single-use Solutions
The COVID-19 pandemic led to the rapid scaling up of production activities in the pharmaceutical industry. An increase in the number of FDA approvals in biologics has further accelerated biopharmaceutical production, particularly in North America and Asia. With a boom in biopharmaceuticals anticipated in the next 5 to 7 years, the demand for single...
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