The global marine powerboat battery market is projected to grow at a steady rate during the forecast period. The market of marine powerboat battery is expected to drive by increasing demand for water sports as leisure activities, increasing tourism for marine and coastal tourism, increasing income, and increasing demand for transportation through marine. In addition to that, the increasing demand from SMEs and vertical provides further boosts the demand for the marine powerboat battery market. T Read more...
The construction machinery filter market is expected to grow at a CAGR of 6.69% over the forecast period to reach a total market size of US$1,304.347 million by 2025, increasing from US$884.404 million in 2019. Construction machinery filters protect the system components from the damage caused due to contamination. The work of each type of filter used in construction machinery is to enable flows and catch impurities such as dust (contaminants in the air), impurities in the fuel Read more...
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 mixin 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 oc 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 re 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 global truck market is projected to grow at a CAGR of 2.37% to reach US$67.125 billion in 2024 from US$58.315 billion in 2018. Trucks are motor vehicles that are employed for logistical services, in various industries such as construction, agriculture, mining, oil and gas, etc. The global truck market is segmented on the basis of transmission t Read more...
The global loaders market is expected to grow at a CAGR of 7.07% to reach US$54.365 billion by 2024, from US$36.075 billion in 2018. Loaders are one of the major machines used in the building and construction industry for a wide range of applications including loading and transferring construction materials, digging, clearing debris, among other th Read more...
The global excavators market was valued at US$46.056 billion in 2018 and is expected to grow at a CAGR of 4.98% over the forecast period to reach a total market size of US$61.633 billion by 2024. Excavator is one of major machines used in building and construction industry for a wide range of applications including excavating, moving construction material and removing debris among others. The demand for excavators is witnessing a significant growth due to rising investment in construction ind Read more...
The construction machinery market is expected to grow at a CAGR of 6.14% to reach US$125.569 billion by 2024, from US$87.808 billion in 2018. Construction machinery includes all those heavy machines used in building the infrastructure. Various developing economies are growing at an enormous rate owing to industrialization and urbanization. Governme Read more...
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