Industrial Automation & Machinery

  Electric Motor Market   accounted for US$ 114.2 billion in 2020 and is estimated to be US$ 205.60 billion by 2030 and is anticipated to register a CAGR of 6.1%. The rise in demand for greater machine control in the automotive industry, owing to the high efficiency of AC synchronous motors, drives the growth of the electric motor market. Regulations such as the Minimum Energy Performance Standards (MEPS) promote the global growth of the energy efficient electric motors market. Material handling systems are the primary consumers of fractional horsepower (FHP) motors, increasing their global demand. Furthermore, due to heat dissipation, the adoption of motors ranging from 21 to 60 V in HVAC sectors is expected to be high in the approaching years. The report " Global Electric Motor Market, By Type (Hermetic Motors, Alternate Current (AC) Motor (Synchronous AC Motor and Induction AC Motor), and Direct Current (DC) Motor (Brush DC Motor and Brushless DC Motor)), By Outpu...

  The report  " Commercial Vehicles Market , By Product (Light Commercial Vehicles (LCVs), Heavy Trucks, and Buses & Coaches), By End Use (Industrial, Mining  Construction, Logistics, Passenger Transportation, and Others), and Region - Global Forecast to 2029"  Global commercial vehicles market is projected to grow from US$ 268.6 billion in 2020 to US$ 428.0billion by 2029. Growing urbanization and increasing spending on infrastructure development in emerging economies are major factor driving growth of the global commercial vehicles market. In addition, network services such as accident warnings, weather reports, traffic data, and updates on roadwork provide numerous benefits, including enhanced safety and preventing unauthorized access to vehicles is anticipated to boost the global market growth. Furthermore, adoption of electric vehicles and semi autonomous commercial vehicles are expected to positively support growth of the global commerci...

  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...