Search results for: 'Services 2.0 (advanced services)'
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24 Sep 2020  |  North America  |  Market Outlook
Zeal for Productivity and Profit Pressures Accelerate the Growth of the Global Automation Lifecycle Services Market, 2019–2022
Growing Technology Complexity and Vanishing Knowhow are Growth Drivers for Lifecycle Services
Amid shifting industry dynamics being driven by decentralization, digitalization, decarbonization and the rise of new business models, the keystone market of industrial automation, lifecycle services, is expected to experience a phase of strong short-term growth. Frost & Sullivans market analysis estimates the market size to grow from $49.56B to $6...
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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
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...
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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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09 Feb 2022  |  Global  |  Market Research
Global Advanced Air Mobility Growth Opportunities
Numerous Technology Development Partnerships Have Formed to Advance Platforms
While advanced air mobility (AAM) as a concept has been widely discussed throughout the modern aviation age, it was only in the past decade that a definite boom was apparent in the development of actual aircraft. This was in line with the technological advancements seen (or proposed) with respect to power systems, battery efficiency, energy storage...
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18 Nov 2021  |  Latin America  |  Market Research
Latin American Pumps Market Growth Opportunities
Innovative Business Models Enable Advanced Services and Continuous Revenue Streams for Stakeholders
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...
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03 Sep 2021  |  Global  |  Market Research
Global Electronics Manufacturing Services (EMS) Growth Opportunities
Embracing Digital Transformation to Enable Factories of the Future Through Artificial Intelligence and Machine Language Based Solutions will Drive EMS Participants Into the Next Phase of Growth
The global electronics manufacturing services market traditionally comprised of companies that manufacture electronic products, predominantly assembling components on Printed Circuit Boards (PCBs) and box builds for OEMs. The market was established more than five decades ago to execute manufacturing designs from government, defense, and research in...
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10 Jul 2019  |  Global  |  Market Research
Global Managed & Professional Security Services Market, Forecast to 2023
Robust Market Growth Gives Way to Moderation
Growth and diversity are prominently on display in the global managed & professional security services market. In terms of revenue, the market grew a significant 18.3% from 2017 to 2018. While all providers Frost & Sullivan evaluated experienced material growth, growth varied. For example, the Top 5 providers, accounting for 42% of the global mar...
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26 Jul 2021  |  Global  |  Market Research
Global Data Center Colocation Services Growth Opportunities
Future Growth Potential with Hyperscale Data Centers and Emerging Economies
The global colocation services market continues to maintain its growth streak through the pandemic and is expected to continue on a high growth trajectory over the next 5 to 7 years. Key factors that will drive growth during this period are increasing demand from hyperscale data centers, high levels of investment pouring in, significant increase in...
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12 Oct 2018  |  Global  |  Market Research
Global Non-Destructive Testing Inspection Services Market, Forecast to 2022
Oil & Gas Market Recovery and Online Monitoring Technologies Drive Growth
The non-destructive testing (NDT) inspection services market rebounded in 2017 after two years of negative growth. It is expected to transform over the next five years with the advent of new technologies, changing customer requirements regarding connectivity and analytics features, and novel business models. The market was worth $8.79 billion in 20...
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12 Jan 2022  |  Global  |  Market Research
Global Vibration Condition Monitoring Growth Opportunities
Wireless Technology to Ensure Future Growth Potential of Vibration Analysis
Vibration condition monitoring (CM) is a method of using sensors and software tools to ensure machine health and maintain safety. Machine sensors use machine monitoring software and other parameters to measure vibration and the thermography of a machine, which offers real-time insight into the health of the machine. For nearly a decade, vibrati...
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