The global heat exchangers market is anticipated to grow at a considerable CAGR of 7.1% during the forecast period (2021-2027). The key factors driving the heat exchanger market are advancement in technology and steps taken to increase the heat transfer efficiency. Due to rise in demand various market players are expected to invest in technology development […]
Category Archives: Industrial Automation
China industrial air compressor market is estimated to grow modestly at a CAGR of around 5.6% during the forecast period. Rapid industrialization owing to the cohesive government policies to promote industrialization is making a significant contribution to the market growth in China. Announced in 2015, the “Made in China 2025” is one of the ambitious […]
The global wire drawing machine market is anticipated to grow at a significant CAGR of 6.7% during the forecast period. The growing automobile industry is the key factor driving the demand for wire drawing machines globally. These wire drawing machines are used in the production of cables, wires, springs, and various other products. The cables […]
The North American manufacturing execution system market is estimated to grow significantly during the forecast period. The growth of the market is attributed to the increasing application of these systems in end-user industries such as automobile, aerospace & defense, oil & gas and healthcare industry among others. The well-established ICT infrastructure of the region has […]
The major factor that propels the market growth includes the growing robotics automation in the manufacturing sector in the country. The general industry sector, particularly the food and beverage industry (more than 64%) and the plastic and chemical products industry (more than 30%), had the highest growth in the country. The advanced technologies such as […]
The global market for manufacturing execution system is projected to have considerable CAGR of around 5.6% during the forecast period. The market growth is mainly backed by the growing industrial automation in various sector such as automotive, oil & gas, pharmaceuticals and others. By applying the management execution system with automation technology, the manufacturers are […]
The global sortation system market is anticipated to grow at a significant CAGR during the forecast period. Based on the application, the market is segmented into food & beverage, healthcare, retail, e-commerce & logistics, airports, and others. Retail, e-commerce & logistics segment is projected to hold a significant share in the market owing to the […]
Industrial Automation
Global Fraud Analytics Software Market Size, Share, and Trends Analysis Report, By Type (Predictive Analytics Software, Customer Analytics Software, Social Media Analytics Software, Big Data Analytics Software, and Behavioral Analytics Software), By Application (Telecommunication, Government/Public Sector, Healthcare, Real Estate, Energy and Power, and Manufacturing), Forecast (2022-2028)
The global fraud analytics software market is anticipated to grow at a CAGR of 8.0% during the forecast period (2022- 2028). Fraud detection software is designed to monitor, investigate and block fraudulent activity on the website. It is frequently used to prevent fraudulent transactions made with stolen credit card details. Real-time monitoring, a machine learning […]
The global energy management software market is anticipated to grow at a CAGR of 11.0% during the forecast period (2022-2028). Energy management software (EMS) refers to a range of energy-related software applications that may provide utility bill tracking, real-time metering, building HVAC and lighting control systems, building simulation and modeling, carbon and sustainability reporting, IT […]
The global sortex machine market is anticipated to grow at a considerable CAGR of 5.7% during the forecast period. Over the forecast period, the market is likely to be driven by the increased federal government and regulatory initiatives to maintain stringent food quality standards. For instance, in October 2019, the US Food and Drug Administration […]