Global Process Automation and Instrumentation Market Remains Afloat amid COVID-19 Pandemic, to Surge Positively, Projects FMI 2021-2027

The global process automation and instrumentation market is expected to grow at a CAGR of 6.0% during the forecast period. The process automation and instrumentation market was valued at US$ 97,192 Mn in 2017, and is projected to grow significantly to reach US$ 174,121 Mn by 2027 end due to the increasing adoption of IoT …

Global Welding Consumables Welding Consumables Market to Reach a Valuation of US$ 26.82 Bn by 2030

Market players are inclining towards automation at diverse stages in the welding process. Technological advancements such as use of computer assisted welding techniques and welding robots are changing modern day welding landscape. These developments are expected to spur growth in the global market. Get | Download Sample Copy with Graphs & List of Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-917 …

Variable Frequency Drive Market Key Players, End User, Demand and Consumption by 2027

Variable frequency drive sales value and volume consumption in the U.S. is projected to expand at the highest CAGR over the forecast period. In 2016, the U.S. variable frequency drive market was valued at more than US$ 3,300 Mn and has been estimated to increase to a little more than US$ 3,500 Mn by 2017 …

Global Gaskets and Seals Market Value to Grow by Almost $42 Billion During 2016-2026

Multiple manufacturing processes adopted across diverse industrial verticals are all contingent upon efficiency of engineering equipment & systems. The need to improve operability of such systems can be met with the use of gaskets & seals – devices that help connect multiple surfaces & systems to complete a mechanical workflow. Apropos a latest report published …

Australia Conveyor Maintenance Market will Reach a Valuation of over US$757 Mn During 2016-2026

The Australia conveyor maintenance market was valued at US$ 542.6 Mn in 2015. The Australia conveyor maintenance market is estimated to be valued at US$ 558.7 Mn by 2016 and is estimated to touch a market valuation in excess of US$ 700 Mn by end of 2026 registering a CAGR of 3.1% over the forecast period (2016 …

Global Bulk Terminals Market Key Players, End User, Demand and Consumption by 2030

Despite current downturns in global seaborne trade due to COVID-19 pandemic, the global minor bulk trade has expanded considerably. Analysts at Future Market Insights (FMI) have estimated that global minor bulk traded has expanded up to 1.74 billion tons. Production of steel and forest products has made up for 43% of minor bulk trade, says …

Global Mobile Cranes Market expanded at nearly 5% CAGR during 2016-2020

Global mobile crane sales are in recovery phase, mimicking broader cues in the heavy equipment category. The uncertainty surrounding construction sector continues to impact new sales although long-term prospects remain positive. The updated edition of ‘Mobile Cranes Market’ study by ESOMAR-certified firm Future Market Insights recalibrates the previous findings, adjusting the forecast for COVID-19 impact. …

Pharmacy Automation Systems Market Value to Grow by Almost $3175.2 Million During 2021-2026

The covid-19 pandemic have created an awareness regarding the need of automotive and robots in pharmaceutical industries. As pharmacy automation system can help in reducing the medication errors, and also reduce medication cost, its demand may have a positive impact during the forecast period. With the help of robots, labour cost can be reduced which …

Poultry Keeping Machinery Market Growth At CAGR 3% During 2019-2029

The newest market research study by Future Market Insights on poultry keeping machinery finds that the market was valued nearly at US$ 4.5 Bn in 2018, and is projected to grow by ~3% CAGR during the forecast period of 2019-2029. The study mainly attributes the rise in consumption of poultry meat for the positive growth …

Shrink Sleeve Labels Market Share by 2027: Upcoming Trends and Analysis

Shrink sleeves labels are one of the most durable and ideal labels for products that are exposed to severe moisture and friction. The major benefits in favor of shrink sleeve labels are 360 degree design coverage, full color, abrasion and moisture resistance, and wide compatibility. As no adhesives are used in the shrink sleeve labels, this property …