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  1. 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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