The global concrete transport truck market is expected to grow at a CAGR of 2.90% during the forecast period, reaching a total market size of US$12.454 billion in 2025 from US$10.492 billion in 2019 owing to the easy and convenient transfer of concrete from the loading point to the construction site. Concrete transport trucks are a type of vehicle that are used to mix concrete and transport it to the construction site. Generally, the barrel is filled with dry materials and water and the mixing Read more...
The Global Personal Protective Equipment market was valued at US$30.484 billion in 2018 and is projected to expand at a CAGR of 13.66% over the forecast period to reach US$65.724 billion by 2024. Growing demand for personal protective equipment to ensure the safety of employees working in mining, petrochemicals and various other industries will fuel the growth of the personal protective equipment market. Personal protective equipment (PPE) includes clothing and equipment worn by employees, wor Read more...
The global commercial aerospace testing market was valued at US$23.470 billion in 2018 and is expected to grow at a CAGR of 0.09% during the forecast period to reach a total market size of US$23.591 billion in 2024. Increasing number of aircraft deliveries owing to growing global travel and tourism industry is one of the major drivers of aerospace testing market. Stringent aviation regulations regarding aircraft safety across different countries is further boosting the demand for aerospace tes Read more...
Global Pin Inspection Equipment market is projected to grow at a CAGR of 5.12% during the forecast period. The pin inspection equipment is the quality checker of PCB pins for helping in ruling out any defects such as missing or potential pin offsets, and for identifying co-planarity. Growing miniaturization of electronics is the major driver of the pin inspection equipment market. Increasing usage of PCB components in electronics is boosting the demand for pin inspection equipment. As su Read more...
Wastewater aeration systems market is projected to witness a CAGR of 2.94% during the forecast period, reaching a total market size of US$144.920 billion in 2024 from US$121.768 billion in 2018. Wastewater Aeration is an integral part of most biological water treatment systems in which air is added into the wastewater so that aerobic biodegradation of the pollutant components can be allowed. Unlike chemical treatments, this method uses microorganisms to degrade the water contaminants which occ Read more...
Aerial lifts market is projected to grow at a CAGR of 2.97% during the forecast period. Aerial lifts are vehicle-mounted devices which are used to access utility lines and other above-ground job sites. Aerial lifts have replaced ladders and platforms on many sites because of its mobility and flexibility. It is used as a means of cable transport in which cabins, cars or open chairs are pulled above the ground using the cables. Aerial lift systems are generally used in mining and mountainous reg Read more...
Armored vehicles MRO market is projected to grow at a CAGR of 5.26% during the forecast period, reaching a total market size of US$7.461 billion in 2024 from US$5.485 billion in 2018.Armored vehicles are protected by uranium or stainless-steel and equipped with robust weapons, which needs proper maintenance, repair, and operations. Aging military equipment, internal and external security threats, and technological advancements are the drivers of the market. The armored personnel carrier (APC) Read more...
The robotic vehicle market was valued at US$8,191.389 million at 2018 and is projected to grow at an impressive rate during the forecast period. Robotic Vehicles are classified as remotely operated or autonomous. In general, these vehicles move by themselves with the help of sensors and computational resources onboard to guide their motion. However, such robotic vehicles are usually integrated with some form of human oversight or supervision of the motion. The demand for these vehicles is spur Read more...
The global brewery equipment market is projected to grow at a CAGR of 8.84% to reach a value of US$13.748 billion by 2025, from US$8.271 billion in 2019. The production of beer is increasing globally to meet the increasing demand owing to the popularity of beer as a recreational beverage, which in turn is facilitated by the increasing disposable income of the middle-income and low-income population. People are spending more premium beer. Thus, growing global beer consumption is encouragi Read more...
The aerospace testing market was valued at US$23.470 billion in 2018 and is expected to grow at a CAGR of 0.09% during the forecast period to reach a total market size of US$23.591 billion in 2024. Increasing number of aircraft deliveries owing to growing global travel and tourism industry is one of the major drivers of aerospace testing market. Stringent aviation regulations regarding aircraft safety across different countries is further boosting the demand for aerospace testing service, thus Read more...
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