The US electron-beam welding (EBW) machine market is estimated to grow at a CAGR of around 6.9% during the forecast period. Pivotal factors that augment the growth of the market include well-developed energy and power sector coupled with the soaring natural gas production. Moreover, the significant automotive production is driving the demand for EBW machine […]
Category Archives: Technology
North America micro welding market is estimated to grow at a significant CAGR during the forecast period. A significant rise in the aerospace industry is contributing to the demand for micro welding in the region. The US aerospace manufacturers are highly competitive across the globe. As per the International Trade Administration (ITA), in 2018, the […]
India micro welding market is estimated to grow at a significant CAGR during the forecast period. Expansion of automobile and electronics production is the major factor contributing to the market growth in the country. As per the India Brand Equity Foundation (IBEF), domestic production of automobiles grew at nearly 2.4% CAGR during the period, 2016-2020 […]
Europe micro welding market is estimated to grow at a moderate CAGR during the forecast period. Significant production of motor vehicles is the major factor contributing to the market growth. As per the European Automobile Manufacturers Association (ACEA), 19.2 million motor vehicles were produced in the European Union in 2018, or some 20% of the […]
Asia-Pacific micro welding market is estimated to grow at a significant CAGR during the forecast period. Significant production of electrical & electronic products is primarily driving the demand for micro welding machines in the region. China is the major provider of electronic products across the globe, which significantly encourages its global trade operations. China exports […]
The global micro welding market is estimated to grow at a moderate CAGR during the forecast period. Micro welding is referred to as a precision welding which is utilized to integrate different small parts. It is a careful type of welding that requires an expert welder. As micro welding is performed on a small scale, […]
The global cellular IoT gateways market is estimated to grow at a CAGR during the forecast period. A cellular IoT gateway router is a smart Internet gateway that allows IoT devices and sensors to connect to the Internet using the gateway router’s cellular WAN connections. This enables the IoT system to function without the need […]
The global asset management and inventory management solution market is anticipated to grow at a significant CAGR during the forecast period. The inventory management system was created to assist firms in managing their inventories. Asset monitoring and inventory management solutions are used to keep track of item numbers, personal assignments, and maintenance requirements. Asset monitoring […]
The global asset management IT solution market is anticipated to grow at a significant CAGR during the forecast period. The rising adoption of technologically complex and networked infrastructure has pushed businesses across industries to establish asset management systems that may assist in the management of operational technologies and the collection of more vital data and […]
The Global Oilfield Communication Market is expected to grow at a significant CAGR during the forecast period. The technology that is used to collect data and information required by the oil and gas sector, from field locations and send it over communication networks, is known as oilfield communications. These communication systems support major oil companies […]