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The micromobility sharing industry is rapidly expanding, fueled by the promise of sustainable urban transportation and convenient last-mile connectivity. The path to profitability, however, remains complex and elusive for many operators. This study examines the multifaceted landscape of micromobility, analyzing the strategic drivers and challenges ...

The traditional car key is on its way to becoming a thing of the past, likely confined to the glove compartment. In Europe and North America, the automotive digital key market is rapidly expanding, driven by consumer demand for seamless, secure, digitally integrated interfaces and technologically advanced car access experiences. Additionally, digit...

This study highlights a range of transformative trends shaping the Asia-Pacific region and unlocking quantifiable opportunities through 2035. Business Model Transformation: This framework identifies dynamic shifts that will push businesses to adopt new business models such as circular value chains, value chain compression, direct-to-consumer (D2C)...

The multilayered architecture of cloud-native applications, involving containers, microservices, and underlying infrastructure, complicates threat detection and incident response. Attacks can move across these layers, starting at the application level, exploiting API or unknown vulnerabilities, and moving laterally through the container layer to th...

The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to Micromobility transforming Urban Transportation with Advanced Geofencing Technology, V2G technology, Scalable Smart Charging And Energy Management Platform, Advanced Vision Solution for Automotive Display and Design, Autonomous shuttles using lidar, radar, and machin...

The Advanced Manufacturing Technology Opportunity Engine highlights a diverse set of advanced robotics and additive manufacturing innovations shaping next-generation industrial and autonomous systems. It features a hybrid wheeled-humanoid robot enabling agile, multi-modal mobility across complex terrains, alongside mobile robotic welding systems de...

The Sensor Technology Opportunity Engine provides profiles of innovations related to high-speed Hall sensor technology enabling next-generation X-by-Wire motor control and precise position sensing; sustainable electromyography (EMG) sensor technology for enhanced neuromuscular monitoring and improved clinical efficiency; networked radar sensing pla...

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...

The rise of digital platforms is empowering the military, enabling a better continuity of operations and bringing armed forces at a new level of combat readiness. However, the Digital Transformation is also bringing new players into the market place, where traditional industries have been used for decades to well-established business and working pr...