The global market for navigation, imaging, and positioning solutions is expected to exceed $7 billion by 2022. Adoption of these solutions in homes, hospitals, and warehouse management will drive sales at a staggering 27 percent CAGR, pushing the market valuation to around US$ 24 billion by 2032. In the epoch of automation, the ability to …
Monthly Archives: July 2022
Advanced Process Control Market Is Expected To Advance With A Steady CAGR Of 9.31% Through The Forecast Period By 2032
The advanced process control market is expected to grow at a 9.31 percent CAGR during the forecast period. The constant rise in user demand, as well as the adoption of best practises to improve production and quality, as well as advanced automation and process controls, has resulted in significant growth in the APC system. However, …
Marine Base Steering Gear Market Is Likely To Expand At A Steady CAGR Of 5% During The Forecast Period Between 2022 And 2032
Since the dawn of the first ships, which were steered by hand, marine base steering gears have been an essential component of a ship’s machinery. Furthermore, regardless of the ship’s operation, kind, or size, marine base steering gear integrated with a rudder system assists in ship turning when necessary, defining a complete turning mechanism. The global marine …
Prefabricated Building System Market Is Anticipated To Increase At A Robust CAGR Of Over 6.1% Between 2022-2032
Significant intrinsic properties of skeleton prefabricated building system and increasing demand for the new houses has been driving the product’s growth during the forecast period. High strength coupled with low weight and volume are the vital features supporting the increasing sales of skeleton prefabricated building system. Economically viable and cost-effectiveness are other features that is expected to …
Sorting Equipment Market Is Projected To Create An Incremental Opportunity Of US$ 7.5 Bn By The End Of 2032
Also, these equipment sort objects on the basis of structural properties, chemical composition, weight, color, size, shape etc. in automated manner. Sorting equipments are industrial machineries used for separating goods and arranging them in a systematic way and grouping them together. These equipments are designed to make the sorting applications easier and segregate them on the basis …
Platform Lifts Market Niche And Potential Segments And Regions Of The Market That Exhibit Lucrative Growth Opportunities
Platform lifts are used in both indoor and outdoor application in residential and commercial buildings. Platform lifts are primarily designed to give reasonably priced access to people who have difficulty with a staircase. These platform lift are available in the market with different size and shape according to the application. Platform lifts are installed in low rise …
Woodworking Machines Market Strategies Being Used By Major Players And The Product Portfolio Offered
Moreover, the increasing focus of customers to replace old furniture to rehabilitate their office and house is expected to drive growth of the global woodworking machines market. Additionally, the shifting focus of furniture manufactured using conventional tools to furniture manufactured using automatic machines is further projected to escalate the demand of woodworking machines in near future. …
Lathe Machines Market Size: Current And Historical Market Size Along With Projection Of Future Prospects In Terms Of Value And Volume
The global lathe machines market is expected to grow steadily over the next decade and is likely to incur massive revenues during the forecast period. Lathe machines have many applications; lathe machines are used in woodturning, metalworking, metal spinning, glass working and thermal spraying. The main purpose of a lathe machine is to facilitate unfinished to finished …
Gum Turpentine Oil Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2031
Due to increasing demand for various applications like removing stains, as a cleaning agent, as a solvent for many paint oils and for many other uses. According to the latest research, the demand for Gum Turpentine Oil is anticipated to grow with a steady CAGR of about 4% to 6% in between the coming assessment period of …
Road Marking Paint Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2031
Demand for this product will be propelled by increased municipal spending on road safety & maintenance activities across developing and developed world. Due to increased concerns pertaining to road accidents and improvements in road structures and maintenance, the market for this product is set to prosper in upcoming decade. According to research, road marking paint …