The global CNC metal cutting machine tools market is anticipated to grow rapidly growing at a CAGR of 6.14% during the forecast period 2018 to 2023. The global CNC metal cutting machine tools market is driven by heavy industrialization in fast developing countries. These factors have helped shape the CNC metal cutting machine tools market and are expected to boost the growth. Companies in the CNC metal cutting machine tools market could also face challenges such as shortage of skilled…

The laser cutting machine market size is anticipated to develop at a 9% CAGR between 2018- 2023, as per the current Market Research Future (MRFR) analysis. Laser cutting, simply put, is a technology that uses lasers like fiber, solid-state, and carbon dioxide to cut materials. It can cut materials from plastic to steel with absolute precision. This is a vital manufacturing tool that is needed by industries for manufacturing components having complex geometry. Laser cutting machines have wide…

The development of the solar power sector is estimated to leave a favorable market on the vacuum coating machine market 2020. The industrial automation & equipment industry reports are created by Market Research Future, which centers on market choices for expansion. The market is set to perceive a surge in CAGR to 6.36% during the forecast period.

The rise in the application of vacuum deposition equipment in the electronics industry is expected to stimulate the progress of the…

The global food service equipment market is registering an impressive growth rate year by year. Commercial food service equipments play a vital role in preparing and serving a variety of food items. Hence, they are extensively used for food handling and processing applications in quick service/full-service restaurants, catering businesses, hotels, and clubs. The burgeoning hospitality industry and the rising number of hotels and restaurants worldwide predominantly drive the market…

As per Market Research Future’s report on COVID-19 facts and insights, the global bearing market has been amongst the least affected sectors due to COVID and is estimated to reach approximately USD 190 billion by the year 2025, at a pace of ~8.5% CAGR over the assessment period (2019–2025).

The report indicates that industrial automation and equipment companies have not only regained the share price drop since the start of lockdown, but the share prices are also now higher even in YTD…

The global market for battery analyzer is expected to be valued at USD 546 million by 2026, with ~4% CAGR during the forecast period, 2020–2026. Battery Analyzer are used to measure the voltage, capacity, and other technical specifications of batteries.

In 2019, Asia-Pacific dominated the global battery tester market in terms of share: MRFR

The global battery tester market has been segmented into five regions, namely, Asia-Pacific, the Middle East & Africa, Europe, North…

Global Remote Renewable Management Systems Market is projected to grow at a CAGR of 7.28% during the forecast period, 2020–2026. Renewable energy resources are increasingly used as potential energy generating resources. Therefore, requirement of flexible and scalable SCADA architecture is needed to support the growing business of renewable power. As a result, remote renewable energy management system is used for remote management of these resources wherein different components are used to…

Global Power Tool Battery Market size at a CAGR of 8.52% during the forecast period, 2020–2026. Power tool batteries are used to run the tools such as saws, crimpers, hammers, drills, and so on. Battery-powered tools are able to run for a longer time on one charge and provides high efficiency.

The power tool battery market has been segmented into five regions, namely, Asia-Pacific, the Middle East & Africa, Europe, North America, and South America. Asia Pacific is base and…

Global Green Hydrogen Market size is projected to be valued at USD XX by 2026, at a XX% CAGR during the review period, 2020–2026. Green hydrogen is made using a large amount of water, a big electrolyzer, and significant supplies of electricity. Moreover, this electricity supply generally comes only from renewable energy resources.

The global green hydrogen market has been segmented into five regions, namely, Asia-Pacific, the Middle East & Africa, Europe, North America, and South…

Global Residential Solar Energy Storage Market size is projected to be valued at USD 100 Million by 2026, with 14% CAGR during the forecast period, 2020–2026. Residential solar energy storage equipment is used to store solar energy harnessed from solar panels. Energy storage can be defined as a technology that provides a source of power as and when required without backsliding to conventional energy sources. These energy systems are efficient and can be used whenever needed.

The…

Hydraulic equipment refers to equipment that uses pressurized fluids to perform machining operations. Hydraulic systems use liquids (usually oil) to transmit power and have a few advantages over electrical and mechanical equipment. Hydraulic systems can easily produce linear motion using hydraulic cylinders, whereas electrical and mechanical methods require mechanical devices to convert rotational motion into linear motion. Hydraulic components include motors, pumps, cylinders, valves,…

The global report on the water cut monitors market size is showing chances of surpassing USD 282 million by 2023 while reaching up to 5.11% CAGR for the forecast period of 2018 to 2023. Water cut monitors can be defined as solid-state electronic instruments that try to analyze the water content level in the emulsion. This provides valuable clues regarding the water injection process. Its popularity also depends a lot on the application of it in de-watering or de-salters. Market Research…

According to MRFR, Global Power Monitoring System Market size is projected to reach USD 5,530.0 Million by 2025, with 6.11% CAGR between 2019 and 2025.  

Growing commitment to minimizing electricity costs and optimizing the efficiency of electrical services is the key motivating force for the global demand for power control systems. The tools and systems for automated control of power networks include high-voltage transmission devices, wireless grids, and microgrids. This growth has…

The global pipeline & process services market size is projected to reach USD 4.3 billion by 2025. It is expected to expand at a CAGR of 4.51% over the forecast period.

Major drivers of the market are investments by oil & gas manufacturers and consumption of natural gas. The expansion of the natural gas pipeline network and construction of various pipelines in the design and development phases can positively impact the market growth. In 2019, GAIL India Pvt. Ltd. had decided to…

The Global Lithium Iron Phosphate Batteries Market Size is projected to be valued at USD 11.11 Billion by 2025, with 4.97% CAGR during the forecast period, 2019–2025. Lithium iron phosphate batteries are rechargeable batteries that feature LiFePO4 as a cathode. These batteries are one of the types of lithium-ion batteries, which is capable of charging as well as discharging at a higher rate when compared to other types of batteries.  These batteries are also known as lithium ferrophosphate…

As per the analysis by Market Research Future Reports (MRFR), the global current transducer market size is estimated to value USD 733.3 million, with a CAGR of 3.26% during the forecast period from 2019 to 2025. The global current transducer market is estimated to experience high growth during the forecast period. The increasing usage of battery-powered applications and technological development in current transducers has contributed significantly to the expansion. The significant players…

The Global Progressive Cavity Pump Market size is expanding ahead with a massive USD 4.29 Billion projects to score between 2019 and 2025. The net worth of the market is supposed to rise by 6.84% CAGR, claims Market Research Future, in its latest study.

Top Impacting Factors

The global progressive cavity pumps market has been witnessing an ascending graph of demand owing to the soaring need for pumping shear-sensitive or viscous elements. The mechanism of a progressive cavity…

As per the MRFR report, the global Micro Battery Market Size is projected to reach USD 636 Million by 2025, with 26.7% CAGR over the assessment period (between 2019 and 2025).

Market Highlights

The major factors driving the growth of the global micro-battery industry are the inherent advantages of solid-state micro-batteries, development in wearable device adoption, and the need for lightweight medical device batteries. The facility has provided an annual capacity of 10 million…

The extensive study by Market Research Future (MRFR) on the global recloser control market 2020 reveals that it can touch a valuation of USD 1.75 Billion by the end of 2025. The exhaustive research also confirms that the recloser control market size can progress at a rate of 6.49% between 2019 and 2025 (which is the evaluation period).

Primary Drivers and Main Challenges

The energy demand all over the world is escalating at a considerable pace, backed by the surge in…

Market Research Future (MRFR), in its new published research report, asserts that the global fault current limiter market 2020 is flourishing and poised to rise exponentially over the review period, recording a substantial fault current limiter market size valuation of USD 7.17 billion by 2025, and a healthy 8.16% CAGR in the forecast period.

Drivers and Restraints

Growing concerns for efficient and reliable power supply among the consumers is expected to fuel the fault current…