Search results for: 'Repairs and Maintenance'
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08 May 2018  |  Global  |  Market Research
IIoT Predictive Maintenance—Redesigning the Maintenance Repair and Overhaul (MRO) Approach, 2018
Diversification of Companies’ MRO Offerings With Industrial IoT Platform Enables to Reposition Their Role in the Value Chain and Unleash New Revenue Streams
The objective of this research is to analyze and evaluate the strategic opportunities for the maintenance, repair, and overhaul (MRO) market as the entire manufacturing landscape is expected to be influenced by the digital transformation. This study offers holistic analysis of OEMs and end-users requirements and evaluates MRO’s current value propos...
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09 Feb 2022  |  North America  |  Market Research
Global Motor Services Growth Opportunities
Future Growth Potential and Revenue Streams for OEMs Driven by Outcome-based Business Models that Focus on Efficiency
This study identifies the most recent economic and technological trends in the global motor services industry and analyzes the short, medium, and long-term growth prospects. It examines how the shifting landscape and evolving end-user expectations are driving demand for smarter motor solutions that solve major obstacles end users confront. Today’s ...
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11 Dec 2020  |  Global  |  Market Research
IIoT Technologies Improving Process Efficiencies Power Global Calibration and Repair Services Market
Demand for High-quality Instrument Standards and Tightened Regulations Enhances Future Growth Potential
The global calibration and repair services market is anticipated to reach $3,996.9 million by 2024, driven by increased quality awareness, greater adoption by the aerospace and defense and life sciences industries, and tightening regulations imposed by calibration regulatory authorities across the world. The instruments used in industries such as a...
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20 Dec 2022  |  Global  |  Market Research
Global Process Gas Reciprocating and Centrifugal Compressor Services Market in the Oil and Gas Industry
Decarbonization and the Use of Alternative Energy Sources are Key Considerations for Compressor Vendors to Drive Growth
This deliverable examines the key types of compressor services across various regions. The study discusses the revenue generated by servicing, repairs, maintenance, and end-of-life services for process gas centrifugal and process gas reciprocating compressors. The study provides forecasts until 2026, with market data provided on major regions, incl...
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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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27 May 2020  |  North America  |  Market Research
Analysis of the North American Industrial Valves Market, Forecast to 2026
A Bleak Investment Outlook and Prolonged Trade Tensions in the United States Accounted for the Subdued Market Activity
Prolonged geopolitical tensions and a bleak investment climate in North America have negatively impacted the growth of the North American industrial valves market. The market is mature, and it comprises saturated end-user industries, such as oil and gas (O&G) and power generation. After a brief reprieve in 2018 due to the recuperation of the O&G in...
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07 Dec 2023  |  Global  |  Market Research
Internet of Things (IoT) in Commercial Aviation
IoT and Big Data Analytics Form the Core of the Technology Strategies of Aviation Stakeholders
The development and implementation of next-generation technologies, rapid advances in consumer technology, increasing shift to cloud computing, and utilization of IoT, big data, and machine learning to collect and analyze large amounts of data are transforming industry processes. The digitalization of various processes in commercial aviation has sc...
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14 May 2019  |  Global  |  Market Research
Utility 4.0—Impact of Industrial Internet of Things (IIoT) on the Global Power Industry, 2019
Strategies to Implement Digital Technology as a Part of the Overall Organizational Strategy are Made Possible by IIoT
The Industrial Internet of Things, a critical facet of digital transformation that brings together different aspects of technology, is already leaving a lasting footprint on the power industry, and as new decade begins, the impact it could potentially have on the power industry could be a real game changer. Bringing Different Aspects of Technologi...
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04 Oct 2021  |  Global  |  Frost Radar
Frost Radar™: Digital Twins in the Global Water Industry, 2021
A Benchmarking System to Spark Companies to Action—Innovation that Fuels New Deal Flow and Growth Pipelines
Water utility networks are data-rich environments, but information silos can make it difficult for operators to ensure that energy- and cost-intensive assets are working cohesively and at peak performance. An operator may be able to identify a problem in isolation but not fully understand how it could affect an entire system; any delay in rectifica...
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06 Oct 2020  |  North America  |  Market Research
Demand for Asset Efficiency Propels the Global Asset Performance Management (APM) Market
Future Market Enhanced by Growth Opportunities in Connected Assets Management
The emergence of Industrial Internet of Things (IIoT) technologies has accelerated the process of digital transformation across various end-use industries. There is a growing need to monitor, measure, analyze, and manage the failure of assets as a part of digital transformation initiatives. Asset-intensive industries have been grappling with consta...
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