The global industrial wireless in discrete industries market is expected to grow at a significant CAGR of 11.2% during the forecast period (2021-2027). The major factors propelling the growth of the global industrial wireless in discrete industries market include the rising demand for the combination of machines placed in remote locations for functions such as […]
Category Archives: Industrial Automation
The global heat pumps market is estimated to record a substantial CAGR of 7.8% during the forecast period. With the demand for meeting zero energy emissions by 2050, the HVAC industry is witnessing a rapid phase lift where COP and SEER ratings are being increased to meet modern requirements. The heat pump associations of various […]
The European heat pumps market is anticipated to at a remarkable CAGR during the forecast period. With climate-friendly policies and stringent frameworks, the contributions from major forerunners such as Germany, France, Italy, Spain, Norway, and Sweden have made a significant impact in the global heat pumps market However, major economies like UK is yet to […]
The Asia-Pacific heat pumps market is estimated to witness a strong CAGR of 8.7% during the forecast period (2020-2026). Asia-Pacific is set to be the dominant and influential economy across the globe. It consists of powerful nations such as Japan, China, India, South Korea, and Australia. The growth in the Asia-Pacific economy was estimated at […]
The US heat pumps market is anticipated to grow at a significant CAGR during the forecast period. The US was estimated to be the largest end-user for heat pumps, concerning revenue. The rising demand for heating and cooling applications alongside increasing utility bills are expected to drive the heat pumps market for the next 5 […]
The North American heat pumps market is anticipated to grow at a remarkable CAGR during the forecast period. North America accounted for more than 25% of the global volume share for heat pumps in 2019 which is expected to witness growth following the pandemic in 2020. With fossil fuels dominating the market in most of […]
Indian is expected to grow at the fastest rate in the heat pumps market owing to its sustainable policies, underpenetrated market scenario, rising urbanization rates, higher disposable income, and growth in the middle-class economy. Further, the business-friendly policies and growing construction sector can contribute to the growth of industrial and commercial heat pumps as well. […]
The global industrial metrology equipment market is anticipated to grow with a considerable CAGR of 9.3% during the forecast period (2020-2026). Factor fueling market of the industrial metrology equipment includes the rapid industrialization across the globe. The industrialization has driven the requirements for focus on quality control in various industries thereby increasing the demand for […]
The US factory automation market is projected to grow at a significant CAGR during the forecast period. The market growth is backed by the growing industrial robotics in various industries in the country. Furthermore, the US is projected to showcase considerable growth in the number of domestic robotic solutions, owing to the country’s government policies […]
The UK factory automation market is projected to grow at a significant CAGR during the forecast period. The major factors that propel the market growth in the country include the growing number of robots in the country, significant growth in the manufacturing sector, and others. With the innovative combination of hardware and software, the manufacturers […]