Research Support Specialist, USA
The global industrial computed tomography market was prized by USD 441.43 million in 2020. It is estimated to witness 7.5% CAGR from 2021 to 2028. The rising utilization of technique in the manufacturing procedures, through the diverse industries like electronics, automotive, defense & aerospace plus others, has added to the enlargement of the market for the industrial computed tomography.Read More »
The global portable generator market size was accounted for USD 3.7 billion in 2018. It is projected to grow at a CAGR of 5.2% over the forecast period, 2019 to 2025. A portable generator is used to provide alternating current (AC) current for standalone, and hardwired applications. Additionally, downtime issues due to power outages caused by adverse weather have surged the need for uninterrupted power supply. This is expected to foster the market growth.Read More »
The global industrial refrigeration systems market size was worth USD 19.55 billion in 2019. The market is anticipated to grow at a CAGR of 4.6% over the forecast duration, 2020 to 2027. The demand for industrial refrigeration is gaining traction in the FMCG industry, which in turn, is driving the growth of the market. Increasing demand for packaged and processed food has led to the rising use of refrigeration systems.Read More »
The global welded spiral heat exchangers market size was accounted for USD 1.4 billion in 2018. It is projected to expand at a CAGR of over 4.0% during the forecast period, 2019 to 2025. Increasing demand for heat exchangers in HVAC, petrochemicals, chemical and food & beverages industries across the developing countries in South America and Asia Pacific is mainly boosting the market growth.Read More »
The global computer numerical control machines market size was USD 67.19 billion in 2019. It is projected to grow at the CAGR of 7.3% over the forecast period, 2020 to 2027. Growing development in production technologies has reduced the time in manufacturing operations with better efficiency. Advanced machines are smaller in size and they do not need any supervisor for monitoring application. These benefits help to save operational costs for the company, thereby, leading to higher adoption of CNC machines.Read More »
The harmonic filter market size across the globe was valued USD 768.5 million in 2017. It is projected to witness a CAGR of 7.1% over the forecasted years, 2018 to 2025. The rising demand to reduce harmonic vibrations that are created by unstable loads present in electrical components is projected to trigger the market growth for harmonic filters across the globe.Read More »
The metal fabrication equipment market size across the globe was valued USD 68.36 billion in 2017. It is projected to witness 3.90% CAGR over the forecasted years, 2018 to 2025. Rising adoption of metal processing and machining equipment for the development of finished quality products are expected to drive the market growth in the upcoming years.Read More »
The global heat pump market size was accounted for USD 58.6 billion, in 2018. It is projected to grow at a CAGR of 8.5% over the forecasted period, 2019 to 2025. Increasing demand for renewable energy source coupled with supportive government funding through incentives, subsidies is mainly driving the market growth.Read More »
The stepper motors market size across the globe was valued USD 4.6 billion in 2018. It is projected to witness 4.1% CAGR over the forecasted years, 2019 to 2025. The surging growth of the automation and robotics industry coupled with the need for design and manufacturing process optimization is projected to drive the market growth for stepper motors.Read More »
The precision gearbox market size across the globe was valued at USD 1.6 billion in 2018. It is projected to witness 7.4% CAGR over the forecasted years, 2019 to 2025. Surging need for automation of manufacturing processes, increasing product demand and need for improvement of efficiency and productivity of machines is anticipated to contribute majorly towards the market growth of precision gearboxes across the globe.Read More »
The global vibration control system market size was worth USD 4.3 billion in 2019. It is anticipated to witness 6.0% CAGR from 2020 to 2027. Increasing focus on maintaining balancing and stability of automobile and industrial machineries is attributing to the growth of the market. Read More »
The global welded plate and block heat exchangers market size was worth USD 831.4 million in 2018. It is projected to expand at a 5.9% CAGR over the forecast duration, 2019 to 2025. Increasing demand from several end-user industries such as power generation, petrochemicals, food and beverages, HVAC & refrigeration and others are proliferating the growth of the market.Read More »
The global 3D metrology market size was accounted for USD 7.3 billion in 2018. It is projected to witness 8.8% CAGR over the forecasted years, 2019 to 2025. The rising need for maintaining quality and uniformity in the measurement of components is anticipated to drive its demand. Also, rapid technological advances across the manufacturing industry like industry revolution 4.0 and huge investments for carrying out R&D activities are further projected to fuel up the market growth.Read More »
The global industrial vending machine market size was accounted for USD 2.2 billion in 2019and projected to grow at 9.6% CAGR over the forecast period, from 2020 to 2027. The advent of new technologies in industrial vending machines has enabled firms to monitor inventory management and enhance the proficiency of inventory management.Read More »
The flow meters market size across the globe was valued at USD 7.8 billion in the year 2019. It is projected to witness significant growth with 5.8% CAGR over the forecasted years, 2020 to 2027. This can be attributed to the surging demand for measurement of flow rate in sectors like oil & gas and petroleum across the globe.Read More »
The laser cutting machine market size across the globe was valued USD 3.02 billion in the year 2015. This can be associated with the rising automation technologies across the manufacturing sector coupled with the surging demand for such machines across the end-use industry. Rapid globalization coupled with rising consumer demand at the micron level is projected to create demand for such machines in the upcoming years.Read More »
The global rail mounted gantry crane market size was valued for USD 286.1 million, in 2016. The market is projected to gain momentum over the forecast period, 2017 to 2025. Increasing global trade activities along with growing container traffic, and vessel sizes is boosting the market growth. Growing application of large sized containers and global trade has led to the increase in demand for mounted gantry cranes. In addition, transshipment activities in the Middle East and Asia Pacific region is anticipated to spur market growth.Read More »
The burner management system (BMS) market across the globe was valued USD 5.05 Billion in 2018. It is projected to witness growth with 6.1% CAGR from 2019 to 2025. This growth can be associated with the rising awareness about the safety of burners while start-up, shut down, and operations. Read More »
The global road marking machine market size was accounted for USD 6.05 Billion in 2018. It is anticipated to witness a CAGR of 9.3% during the forecasted years, 2019 to 2025. This growth can be attributed to rising need for road marking for guiding the drivers on roadways. Moreover, increasing accidental cases on roads have created a sense of road maintenance and safety which is expected to propel the market growth in the upcoming years.Read More »
The global spring market size was accounted for USD 23.6 billion in 2019. It is anticipated to register a CAGR of 4.5% over the forecast period, 2020-2027. Wide application of springs across various end-use industries including manufacturing, agriculture & forestry, automotive, and transportation is driving the product demand.Read More »