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Emerging Technologies—The Future of Pump Services in North America : Industry 4.0 Impact on Pump Services Market

Convergence of sensors, machines, work pieces, and IT systems will enable fully integrated data and product flow across various parts of the connected ecosystem in the manufacturing and process industries. Advances in 8 key automation technologies— e.g., Big Data and Analytics, augmented reality, virtualization, 3D printing, and cloud—are the foundation for Industry 4.0 and will spur unprecedented change while pump manufacturers and service providers experience “Uberization,” a complete disruption of the status quo. This research looks at the changing pumps landscape highlighting emerging technologies for specific services, evolving end-user needs, and innovative game changers delivering niche products as pump manufacturers slowly adapt.

Key Findings

Convergence of sensors, machines, workpieces, and IT systems will enable fully integrated data and product flows across various parts of the connected ecosystem.

This convergence is driving advances in 8 key automation technologies that form the foundation for Industry 4.0.

This digital transforming is ushering a set of disruptive technologies that is transforming the manufacturing and process industries and upending the existing vendor ecosystem.

Pump manufacturers and service providers will experience “Uberization” wherein a competitor with an entirely different business model disrupts the existing ecosystem.

Table Of Contents

Emerging Technologies—The Future of Pump Services in North America 
1 EXECUTIVE SUMMARY

Executive Summary
1. Key Findings

2 MARKET OVERVIEW

Market Overview
1. Market Overview
2. Market Scope and Abbreviations
3. Market Definitions
4. Current Market Landscape
5. Market Opportunity Analysis

3 FUTURE OF AUTOMATION

Future of Automation
1. Visi-MAP 2.0
2. Industrial Revolution 4.0 and Convergence of Business Models
3. TIDE—Totally Integrated Digital Enterprise
4. AGE Is Driving the TIDE
5. Key Automation Technologies Transforming the Factory of the Future
6. Future of Automation in Factories of Future
7. Case Example—Making Sense of IoT Data With Analytics
8. Case Example—Using Sensors to Drive Real-time Operations and Inventory Visibility

4 IMPACT OF AUTOMATION TECHNOLOGY ON PUMP SERVICES MARKET

Impact of Automation Technology on Pump Services Market
1. Impact of Automation Technology on Pump Services Market
2. Impact of Big Data and Analytics—Prescriptive Analytics
3. Impact of IIoT—Smart Maintenance
4. Impact of 3D Printing—Smart Parts Management
5. Impact of Cloud and AR—Smart Monitoring
6. Legal Disclaimer

5 THE FROST and SULLIVAN STORY

The Frost and Sullivan Story
1. The Frost and Sullivan Story
2. Value Proposition: Future of Your Company and Career
3. Global Perspective
4. Industry Convergence
5. 360º Research Perspective
6. Implementation Excellence
7. Our Blue Ocean Strategy

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