PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1857179
				PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1857179
The Top Transformations Impacting Future Growth Potential
This deliverable focuses on the major trends in the machines industry, as companies look to identify and invest in areas that support energy savings. Many emerging developments aim to achieve a balance between efficiency and growth. In the IIoT era, manufacturers are looking to identify emerging industries to target that will likely become key contributors to revenue over the next decade.
With water management becoming more important than ever before, operators are investing in high-capacity diesel pumps to extract water from deep underground sources and looking to use eco-friendly fuels. Renewables are fast becoming important as equipment is being developed to use smart technologies even outside the industrial realm. In oilfields and refineries, hybrid pump systems are being used to combine diesel power with electric or battery-driven motors to optimize fuel consumption and emissions, making them best suited for areas with inconsistent power demand. Frost & Sullivan has identified 10 trends that will produce a significant impact over time.