This analysis focuses on the major megatrends in the machine 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 Industrial Internet of Things (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.

• Why are renewables fast becoming important as equipment is being developed to use smart technologies even outside the industrial realm?
• What growth prospects in hybrid pump systems can help optimize fuel consumption and emissions in oilfields and refineries?
• How can your organization identify the top 10 megatrends that will produce a significant impact over time and help uncover new growth opportunities?