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Industrial Gasket Market Size, Share, Opportunities And Trends By Material Type (Metallic, Semi-Meta....

Industrial Gasket market is projected to grow at a CAGR of 2.46% to reach US$1,775.126 million by 2024, from US$1,534.393 million in 2018. Stringent environmental regulation against leakage to prevent any damage to human health and environment is one of the major drivers of industrial gasket market. Rising E&P activities worldwide is also boosting the demand for industrial gaskets across the oil and gas sector. The increasing number of refineries in APAC region will further continue to bol Read more...

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Medical Robots Market Size, Share, Opportunities And Trends By Product (Surgical Robotic Systems, Re....

The medical robots market is projected to grow at a CAGR of 12.96% to reach US$4090.663 million by 2024, from US$1968.884 million in 2018. Hospitals make use of medical robots worldwide for tasks requiring precision and promptness. In the United States and Europe, robots are used for mixing and measure medicines especially those used in chemotherap Read more...

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Industrial Hose Market Size, Share, Opportunities And Trends By Media Type (Water, Hot Water and Ste....

The industrial hose market is estimated to witness a CAGR of 4.37% to reach US$9.277 billion in 2024 from US$7.176 billion in 2018. Industrial hose is widely used in the manufacturing and distribution sector for the purpose of moving the hazardous chemical, fluids, and air in different areas that aid in the overall functioning. The demand for the i Read more...

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Motor Management Market Size, Share, Opportunities And Trends By Type (Hardware, Software & Solution....

The motor management market is estimated to witness a CAGR of 4.40% to reach US$5.015 billion in 2024 from US$3.872 billion in 2018. Motor management is concerned with the electrical, mechanical, and maintenance solutions for the electrical equipment installed in a facility. Industries consume a significant proportion of electricity, and there is a Read more...

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CNC Machine Market Size, Share, Opportunities And Trends By Type (Lathe Machine, Milling Machine, Ro....

The CNC machine market is projected to grow at a CAGR of 7.62% to reach US$76.058 billion by 2024, from US$48.965 billion in 2018. In contrast to the conventional machines that requires continuous operator’s presence for optimal functioning, CNC machines does the mechanical process based on the pre-defined parameters embedded in computerized control unit which gives it instruction regarding the tool control, feed rate, coordinate systems etc. The growing competitive environment is resulting in Read more...

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Steam Trap Market Size, Share, Opportunities And Trends By Type (Mechanical, Thermodynamic, Thermost....

The steam trap market is projected to grow at a CAGR of 4.86% to reach US$2.593 billion by 2024, from US$1.951 billion in 2018. A steam trap is an automatic valve system that allows air and non-condensable gases to be discharged from the steam system. The optimal functioning of the steam system tends to improve the overall steam plant efficiency, thus, resulting in the delivery of high quality steams required in the production process. As such, the growing use of steam for different applications Read more...

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Membrane Bioreactor (MBR) Market Size, Share, Opportunities And Trends By Product (Hollow Fiber, Fla....

Membrane bioreactor (MBR) market is projected to grow at a CAGR of 7.83% to reach US$5.406 billion by 2024, from US$3.440 billion in 2018. Growing concerns regarding water and wastewater treatment due to global water scarcity are the major driver of membrane bioreactor market. The rising number of industries across the globe has raised environmental concerns regarding the increasing amount of sewage and industrial sludge disposal from industries including food and beverage, pharmaceutical, and Read more...

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Fluid Handling System Market Size, Share, Opportunities And Trends By Component (Pumps, Valves, Seal....

The fluid handling system market is projected to grow at a CAGR of 4.05% to reach US$307.592 billion by 2024, from US$242.371 billion in 2018. The growing population and simultaneous increase in the proportion of the urban population are leading to the rising demand for consumer goods, energy, and power. This is leading to the growth of the fluid handling system market as these systems are used in the production of the demanded products. Moreover, the growing trend of automating plant operatio Read more...

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Network Traffic Analyzer Market Size, Share, Opportunities And Trends By Component (Software, Servic....

The network traffic analyzer market was valued at US$600.302 million in 2017 and is expected to grow at a CAGR of 26.05% over the forecast period to reach a total market size of US$2,408.217 million by 2023. Rapid growth of industries across the globe and increasing penetration of digitizing technologies into business processes across industries have been two of the major factors propelling the growth of this market. Rapid growth of cloud computing in many regions has been adding to huge volumes Read more...

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Application Testing Services Market Size, Share, Opportunities And Trends By Type (Enterprise Applic....

The application testing services market was valued at US$XX.XX billion in 2017 and is expected to grow at a CAGR of XX.XX% over the forecast period to reach a total market size of US$XX.XX billion by 2023. The growth of this market is majorly attributed to rapid growth of communication and technology industry across all major regions around the globe. Continuous digitization of business processes across industries is fueling the development of software applications. This is driving with it the d Read more...

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