Attractive Opportunities in the Quantum Cascade Laser

The quantum cascade lasers (QCL) market size is projected to grow from USD 355 million in 2019 to USD 422 million by 2025, at a CAGR of 3.9% during the forecast period. The drivers fueling the growth of the market are increase in the use …

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 …

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 …