Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Industry 4.0, Sustainability, and New Business Models Drive New Growth Opportunities
save 10 %
* Required Fields
Pay by invoice
This study identifies, analyzes, and evaluates the existing and upcoming trends impacting the global compressors market. Amid uncertain economic conditions exuberated by the COVID-19 pandemic and small pockets of opportunities in some end-user industries, such as food and beverages, water and wastewater, and life sciences. It seeks to provide insights into the growth prospects for compressor manufacturers for the year 2020. It discusses the product, market, and technology-based growth opportunities impacting the industry’s future. The regions covered include North America, Latin America, Europe, the Middle East, Africa, and Asia-Pacific. The study sheds light on the industry convergence of three major trends: sustainability; technology such as industry 4.0; and the shift from capital expenditure to operating expenditure (CAPEX to OPEX). • Technology Trends: Industry 4.0 technologies such as IIoT and digitalization are accelerating, and companies can leverage this competitive advantage.• Sustainability Trends: Companies are focusing on reducing environmental impact toward being carbon neutral and net-zero emissions.• CAPEX to OPEX––Service-Based Trends: Companies are shifting from Capital Expenditure (CAPEX) to Operational Expenditure (OPEX) as it allows them to free valuable resources, reduce capital cost, and become more agile.Furthermore, it analyzes six major growth opportunities that are likely to influence compressor manufacturers’ market position in the future. The following key growth opportunities are analyzed in the study. • Compressor energy usage benchmarking for compressed air systems• Carbon capture and storage for process gas compressors• Clean air requirements driven by the COVID-19 pandemic drive demand for oil-free compressors• Industrial internet of things (IIoT) for industrial and process compressors• Compressed air-as-a-service for process and discrete industries• Parts-certainty-as-a-service for the process industryIIoT is a major trend affecting compressor manufacturers, as end-users continue to focus on improving plant maintenance and curb operational expenditure (OPEX). The current dynamic environment has uncertain economic conditions, trade wars, price volatility, production slowdowns, and intense market competition. Manufacturers are striving to improve operational efficiency in their existing plants and are keen to decrease maintenance and operational costs occurring due to unexpected failure and asset downtime. Realizing that the future of manufacturing is likely to be driven by IIoT, companies have concerns about data ownership, security, integration with existing infrastructure, and return on investment (ROI) achieved from these solutions.For the study, a specific methodology comprised of discussions with the senior management of compressor manufacturers, supported by secondary research, has been followed.Author: Anand Mugundhu Gnanamoorthy
GROWTH OPPORTUNITIES IN 3D PRINTING, ROBOTIC GRIPPERS, AUTONOMOUS MOBILE ROBOTS, AND INDUSTRIAL AUTOMATION
GROWTH OPPORTUNITIES IN COBOTS, 3D PRINTING, EXOSKELETONS, AND DIGITAL MANUFACTURING
GROWTH OPPORTUNITIES IN WINDOW CLEANING ROBOTS, WEEDING ROBOTS, COBOT WELDING SYSTEMS, ADDITIVE MANUFACTURING, AND DIGITAL MANUFACTURING
Global Manufacturing Execution Systems (MES) Growth Opportunities
GROWTH OPPORTUNITIES IN ADDITIVE MANUFACTURING, INDUSTRIAL AUTOMATION, AND ROBOTICS
GROWTH OPPORTUNITIES IN COBOTS, AUTONOMOUS MOBILE ROBOTS, 3D PRINTING, AND INDUSTRIAL AUTOMATION
GROWTH OPPORTUNITIES IN 3D PRINTING, ROBOTIC SOLUTIONS, AND WEARABLE EXOSKELETONS
Global Solar Pump Growth Opportunities
Emerging Opportunities for Robotic Arms in Manufacturing
Global Safety Instrumented Systems (SISs) for Process Industries Growth Opportunities
alternative energy market
health supplement market
electric vehicle market analysis
commercial lighting market
fuel cell market
smart lighting market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.