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24 Sep 2020  |  North America
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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15 Sep 2020  |  North America
Benchmarking Future Growth Potential
Asset performance management software solutions use asset-related data, predictive analytics, and Industry 4.0 technologies to anticipate failure or life of an asset and to recommend a maintenance solution that will improve the reliability of the asset. End users in the process industries acknowledge the effectiveness of deploying an APM suite of s...
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27 May 2020  |  North America
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...
10 Mar 2020  |  North America
Reduction in Global Trade Tensions and Continued Demand for Energy Efficiency are Expected to be Key Market Drivers this Year
This research presents the scenario in the global electric motors and electric drives market in 2020 including sales by different geographic regions, motor technologies, power ratings, drive technologies, and by major end-user industries. In addition, the research discusses the latest technology and business trends, latest news about motor and driv...
26 Feb 2020  |  North America
Investments in the Energy Sector are Expected to Offset the Effects of the Trade War and Drive Long-term Market Growth
The North American heat exchangers market is currently recording steady growth after a period of prolonged economic depression due to the weakening of the oil and gas industry. The emergence of the United States as a powerhouse in the oil and gas industry and the high availability of natural gas are driving market investments for heat exchangers. I...
17 Feb 2020  |  North America
Growing need for higher-efficiency motors, the electrification trend and growth in factory automation are the top market drivers
This research presents the forecast scenario in the North American electric motors market from 2020 to 2024 –including sales by geographic regions, motor technologies, motor power ratings and major end-user industries. Geographic segments included are the United States and Canada. Motor technologies included are AC Induction/Asynchronous motor;...
07 Feb 2020  |  North America
Where are the End Users?
While several manufacturing enterprises are still struggling to understand what Industry 4.0 implementation really means to them, the benefits that Industry 4.0 promises to deliver are too hard to ignore. Globally, several strategic initiatives that can guide manufacturers to successfully manage their digital transformation journey are underway. Se...