China mobile cranes market is estimated to grow at a CAGR of 6.2% during the forecast period. Some pivotal factors encouraging market growth include the rising industrialization and growth in the construction industry. Rising industrialization has been reported in the country owing to the Chinese government initiatives to promote industrialization. For instance, in May 2015, […]
Category Archives: Business
European mobile cranes market is estimated to grow at a CAGR of 4.9% during the forecast period. The market was valued at nearly $3.2 billion in 2019, which is estimated to reach nearly $4.5 billion in 2025. Growing construction spending and rising industrialization is supporting to drive market growth. As per the Office for National […]
Germany mobile cranes market is estimated to grow at a CAGR of 4.8% during the forecast period. The rising investment in the construction industry and developed port infrastructure in the country are some factors driving market growth. As per Destatis, in 2019, the investment in the construction industry has witnessed an increase of nearly $325 […]
North American mobile cranes market is estimated to grow at a CAGR of 6.1% during the forecast period. The market was valued at nearly $4.1 billion in 2019, which is estimated to reach nearly $6.2 billion in 2026. The major factors encouraging market growth include the rising infrastructure spending and growing mining sector in the […]
Heat sink market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period (2024-2031). A heat sink is a passive heat exchanger that transfers the heat generated by an electronic or a mechanical device to a fluid medium, often air or a liquid coolant, where it is dissipated away from the […]
Portable air purifier market is anticipated to grow at a significant CAGR of 11.3% during the forecast period (2024-2031).The market growth is attributed to the rising pollution levels and the increasing prevalence of airborne diseases globally.HEPA-filtered portable air purifiers offer a cost-effective way to reduce the spread of infections via the air, often with comparable […]
Forestry equipment market is anticipated to grow at a CAGR of 4.5% during the forecast period (2024-2031). The forestry equipment market is primarily driven by the increasing demand for timber and wood-based products across various industries such as construction, paper, and furniture. This growing demand is fueling investments in forest management and logging activities, leading […]
Piling machine market is anticipated to grow at a CAGR of 10.4% during the forecast period (2024-2031). A piling machine also known as a pile driver or piling rig, is a specialized construction equipment used for driving piles (vertical structural elements) into the ground to provide support for various types of structures, such as buildings, […]
Agricultural ventilation fans market is anticipated to grow at a CAGR of 7.4% during the forecast period (2024-2031). The global agricultural ventilation fans market is poised for significant growth during the forecast period. Factors such as increasing demand, technological advancements, and regulatory compliance are expected to contribute to this growth. This forecast reflects the market’s […]
Blockchain technology in manufacturing market is anticipated to grow at a significant CAGR of 68.0% during the forecast period. Blockchain technology is an advanced database mechanism that allows transparent information sharing within a business network. A blockchain database stores data in blocks that are linked together in a chain. The technology supports the creation of […]