Thermal Management Market | Size, Share, Industry Analysis and Market Forecast to 2024

Thermal management market size was worth USD 11.1 billion in 2019 and is projected to reach USD 16.2 billion by 2024, at a CAGR of 8.0% during 2019–2024. Major drivers for the market are the rising demand for effective thermal management solutions and systems in …

What are the current investment trends in the industrial hose market ?

An industrial hose is a small pipeline or a pipe, which is designed for the transportation of various fluids from one location to another. It is used as a connector in different kinds of equipment used in multiple industries, such as automotive, infrastructure, oil & …

Storage function to be largest market for automated storage and retrieval system from 2019 to 2024

An automated storage and retrieval system is a device used in manufacturing plants, warehouses, and distribution centers for storing and retrieving loads from one storage location to another. An ASRS comprises various computer-controlled systems and equipment that are used to store and accurately retrieve materials …

Conveyor System Market Development, Opportunities, and Growth to 2025

conveyor system market

The Conveyor System Market is projected to grow at a CAGR of 4.33% during the forecast period, to reach USD 9.9 billion by 2025 from an estimated USD 7.4 billion in 2018. Increasing industrialization and automation have led to improved productivity and efficiency in the …

What are the upcoming industry applications for mass flow controller?

The mass flow controller market is expected to grow from USD 1.1 billion in 2019 to USD 1.5 billion by 2024, at a CAGR of 6.21%. Growing opportunities in pharmaceutical and medical equipment, and increasing demand for mass flow controllers for space applications provide lucrative …

Growing Building Automation Market and Its Significance for Your Business

building-automation-market

Distributed control systems assist in the process of controlling the production like in a manufacturing industry. it is an umbrella term that comprises of several types like electronic power grids, traffic signals, water management, radio signals, oil refining, building automation, etc. building automation is one …

Servo Motor Market to grow at a Steady CAGR- What it Means

servo-motor-market

Servomotors are popularly used for attaining control over velocity, angular position and acceleration. They work on servomechanism, which uses error-sensing feedbacks to correct the functioning. It is one of the most commonly used automation tool in various application industries, which makes it highly essential on …

Will MicroGrid Market Be Able to Provide Reliable Energy Services through the Decade?

Microgrid-Market

MicroGrids are commonly used for grouping of electricity generation and are connected to the regular electrical grids. Localization of electricity generation also helps in energy storage, with efficient and reliable services. Employment of numerous types of distributed energy technologies is driving the global MicroGrid market …

Global Smart Glass Market – New Revenue Pocket – Forecasted $3.83 Billion by 2017

smart-glass-market

According to the market research report “Global Smart Glass market 2012-2017, by technology (Thermochromics, Liquid Crystal (LC), Suspended Particle Display (SPD), Electrochromics, Photochromic), Applications (Architectural [Commercial, Residential], Transportation [Automotive, Rail, Aviation, Marine])” published by MarketsandMarkets, the total Smart Glass market is expected to reach $3.83 …

Global Building Automation Market is Booming Thanks to Huge Demands

building-automation-market

Building automation is one of the most common types of distributed control system. Automation of the building is also an essential aspect of building control systems across the globe. Growing global demands for these services is expected to mark exceptional growth in the global building …

Steady Growth in Process Automation Market is a Positive Sign for Companies

process-automation-market

Energy efficient equipment is the need of the hour for the automation and instrumentation industries. It also influences the cost, sustainability and resource efficiency. It is also the reason why process automation market holds importance in different industrial verticals. It deals with control room automation …