What are the key drivers and restraints influencing centrifugal pumps industry growth in North America? Who are the leading players? What are the transformative growth opportunities in this mature sector, and how can pump companies capitalize on them?
This research provides critical information by analyzing key regions and highlights developments and industry restraints in each. Track the significant opportunities for growth, investment prospects, important participants, ways to increase revenue, and much more in this in-depth analysis.
This exclusive research examines this landscape from 2016 to 2026 in detail and highlights the various techniques used, breakthrough innovations shaping the sector, factors that will fuel growth, emerging challenges for customers to overcome, the emerging opportunities, and much more.
Do you have a clearly defined innovation process and know specifically how that ties to your growth pipeline?
Are you satisfied knowing that it is highly likely your team will answer “we are average or below average†to the simple question “Do you have a clearly defined innovation process and know specifically how that ties to your growth pipeline?â€
For the last nine months executives from around the world, some of them perhaps reporting to you have answered this way in our Growth Pipeline Diagnostic™. Let me back up for a second and explain where I am coming from. Frost & Sullivan has for 60 years been driving our clients’ growth pipeline and in doing so have identified the best practices for creating a company with the strongest characteristics of innovation and growth. The evidence is stark with 57 of the top 100 companies seeing their revenues decline in the last three years. As a response, our team developed ten insightful questions, each with three best practice benchmarks associated to help our clients deal with the reality of their innovation & growth strategies in place. We were blown away by the responses. This was no normal survey because the way we executed it was different than any other assessment of this kind. Instead of survey blasting out a questionnaire, we chose two methods to compare the way executives respond.
Schedule a consultation with an industry xpert at no charge by contacting us at myfrost@frost.com. We are taking unprecedented action to make our team available to help you cut through the media and politics to get factual one-to-one guidance for the issues and opportunities that matter most to your business.
Disruptive Innovations in Global NDT Inspection Services and Third-party NDT Technologies
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In-house Servicing Capabilities and Sustainability Initiatives Driving the Growth of Oil-free Compressors
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Novel Growth Prospects and New-age Technologies Powering the Adoption of 3D Optical Profilometers
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Innovative Growth Models Boosting Global Fluid Power Equipment Sector Following Declining Oil Prices
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Automated Inspection Systems Propelling the Growth of Global In-line Dimensional Metrology Equipment
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Cobots Transforming the Global Industrial Robotics Industry: Key Highlights and Growth Opportunities
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Industry Convergence and IIoT Accelerating Growth of Calibration and Repair Services
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Growth in the Global Automation Lifecycle Services Sector: Zeal for Productivity and Profit Pressures
Read more Request InfoThe response of most industrial
companies to the COVID-19 pandemic has been to
retrench and cut back, lower operating costs
and ride out the crisis. With revenues taking a
huge hit for a majority of companies, the
top-of-mind issues for executive leadership
have been risk mitigation, cash flow management
and, in many cases, simply survival.
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Microjobs today are a niche area, but
with growing awareness and participation. Frost
& Sullivan sees increasing opportunity in this
space with the convergence of several key
trends such as the rise of the digitally savvy
Gen Z population, the growing elderly
population, technological advancement and
pervasiveness of AI and IoT, and evolving
regulatory trends focused on contract work.
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The global ship recycling industry is
dominated by ship-breaking yards in South East
Asia. In 2019, approximately 90% of all
obsolete ships ended up on beaches in India,
Pakistan or Bangladesh, according to the NGO
Shipbreaking Platform. These shipbreaking yards
demolish obsolete vessels under rudimentary
conditions through “beaching.â€
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Many cities around the world are planning for, purchasing, and bringing online their SmartSafe City programs and technology systems to integrate their public safety, health, city services, and citizen engagement capabilities to better serve and safeguard citizens. Frost & Sullivan’s recent analysis finds that the SmartSafe City solutions sector is expected to reach a market value of $12.2 billion by 2030, from $10.6 billion in 2019, driven by an increase in demand for digital threat remediation measures.
Frost & Sullivan’s recent analysis, 2020 Global Fluid Power Outlook, finds that the adoption of digital technologies and industrial internet of things (IIoT) will be imperative to lessen the overall impact of COVID-19 on the industry. Due to a growing need for remote monitoring and advanced analytics, participants are likely to shift to virtual field services and programs to meet the industry’s current demands.
Frost & Sullivan’s recent analysis, Newer Welding Techniques to Enable Growth in the Digital Age, reports that increasing competition in the global welding equipment and consumables market has led manufacturers to focus on energy efficiency, operational excellence and reducing maintenance costs. Amid the uncertain economic conditions caused by COVID-19, the industry is forecast to reach $21.74 billion by 2024, growing at a CAGR of 1.3%.
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