Market Research Logo

Avoiding the Kodak Moment—Making Sense of IoT, Analytics, and Technology Disruption in the North American Smart Pumps Market

Avoiding the Kodak Moment—Making Sense of IoT, Analytics, and Technology Disruption in the North American Smart Pumps Market

Technology convergence is driving unprecedented change in the manufacturing and process industry. This inspired the term "Kodak Moment," which means a new competitor completely alters the industry’s business model and the incumbent withers away unable to weather the change. The pumps industry is poised to experience the Kodak Moment. This research looks at the transforming pumps landscape, evolving end-user needs, and the gaps in current solutions. It draws inspiration from several other industries to provide insights into how manufacturers can leverage change and capitalize on emerging opportunities through understanding the nuance of the market. Tips are provided on how to develop a compelling solution and create a successful strategy.


  • Executive Summary
    • Market Engineering Measurements
  • Strategic Insights
    • Kodak Moment-Move Fast or Die Soon
    • Analytics Quandary-Software and Pumps are not Mutually Exclusive
    • New Business Model-Doing More of the Same is a Sure Way to Fail
    • Insights Not Data-Focus on Prescriptive Analytics
    • Killer Apps-Develop Key Features Worth Purchasing
    • Talk to Our Experts
  • Market Overview
    • Research Scope and Market Definitions
    • Key Questions this Study will Answer
    • Research Structure
  • Drivers and Restraints-Smart Pumps Market
    • Market Drivers
    • Drivers Explained-Convergence of Industry Forces
    • Drivers Explained-Emergence of Digital Transformation
    • Drivers Explained-Explosion in Connected Devices
    • Drivers Explained-Evolution of Service Models
    • Market Restraints
    • Restraints Explained-Fragmented Vendor Landscape
    • Restraints Explained-Economic Conditions
    • Restraints Explained-Risk of Cyber Security
    • Restraints Explained-End-user Acceptance
  • Market Insights-Forecasts and Trends
    • Market Engineering Measurements
      • Table Smart Pumps Market: Market Engineering Measurements, North America, 2015
    • Smart Pumps Market-Revenue Forecast
      • Table Smart Pumps Market: Revenue Forecast, North America, 2013-2020
    • Smart Pumps Market-3 Case Scenarios
      • Table Smart Pumps Market: Revenue Forecast, North America, 2013-2020
    • Revenue Forecast Discussion
    • Smart Pumps Market-End-user Segments
    • Smart Pumps Market-Opportunity Analysis
    • Vertical Market Revenue Forecast Discussion
  • Technology Insight-Technology Trends, Evolution, and Future Focus for Pumps
    • Changing Process Equipment Landscape: Adapt or Perish
    • Pump Technology Evolution Landscape
    • Challenges with Existing Solutions
      • Table Smart Pumps Market: Key Pump Operational Challenges, North America, 2015
    • Blueprint for Smart Pumps
  • Business Insights-Analytics Case Examples and Implications for Pumps
    • Case Study 1-Evolution of Decision Making
    • Implications for Pumps-Changes in End-user's Approach
    • Implications for Pumps-Energy Efficiency
    • Case Study 2: Smart Farms-Sensorization of Agriculture
    • Implications for Pumps-Systems not Products
    • Implications for Pumps-Push Data to Clients
    • Case Study 3: IoT + Smart Devices
    • Implications for Pumps-Revolutionary Innovation
    • Implications for Pumps: Killer Application
  • Competitive Insights-Forecasts and Trends
    • Existing Ecosystem-Key Value Chain Participants
    • Transformation in Industry Ecosystem
    • Case Study: New Business Model Innovation
    • Smart Pumps: Need for Connected Ecosystem
    • Smart Pump Technology Curve: Top 10 Pump Participants
    • New Entrants Vie for a Slice of IIoT
    • Acquisition Radar
  • The Last Word
    • The Last Word-3 Big Predictions
  • Appendix
    • Additional Sources of Information on the Pumps Industry

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report