Industrial Automation & Machinery

  Pressure Vessel Market   accounted for US$ 41.23 billion in 2020 and is estimated to be US$ 63.62 billion by 2030 and is anticipated to register a CAGR of 4.50%. Pressure vessels are used in manufacturing industry in order to hold liquids and gases at high pressure. Pressure vessel has high pressure with high temperature. Sometime flammable fluids or highly radioactive material is present in pressure vessel. It has to be design carefully to cope with the operating temperature and pressure. Pressure vessels are designed primarily based on diameter and thickness of their cylinder portion. These vessels are manufactured by using stainless steel and assembled by welding. Operation and manufacturing of pressure vessel is highly governed by authorities supported by legislation. The report " Global Pressure Vessel Market, By Material (Steel Alloy, Other Alloy, and Composites), By Product Type (Boiler, Nuclear Reactor, Separator, and Others), By End Use Application (Oil an...

  Industrial Laser Market   accounted for US$ 4.40 billion in 2020 and is estimated to be US$ 9.05 billion by 2030 and is anticipated to register a CAGR of 7.50%. The industrial laser market has grown rapidly in recent years. Industrial lasers are utilised in a wide range of applications in industry. These applications can include material processing as well as any other application. Cutting, welding, and drilling are all examples of material processing. This type of application typically necessitates the use of high-power lasers.Laser processing is becoming more popular in businesses because it is easily mechanised to allow computer and robot control. The usage of industrial lasers in fibre optics has opened up previously inaccessible areas. The report " Global Industrial Laser Market, By Type (Co2, Fiber, Solid-State, and Others), By Application (Micro Machining, Macro Machining, and Laser Marking), By End-user (Aerospace and Defense, Automotive, Healthcare, Consum...