Asia-Pacific hydraulic equipment market is estimated to grow at a CAGR of 5.2% during the forecast period. Rising investment in oil and gas operations is supporting to drive market growth. As per the Ministry of Natural Resources, from May 2020, foreign firms registered in China with net assets no lower than $43 million will be permitted […]
Category Archives: Technology
North America hydraulic equipment market is estimated to grow at a CAGR of 4.6% during the forecast period. Growth in the aerospace and defense industry is supporting to drive market growth. As per the Aerospace Industries Association (AIA), in 2018, aerospace and defense exports amounted to $151 billion, a rise of5.81% over 2017. Civil aerospace representedthe […]
Germany hydraulic equipment market is estimated to grow at a CAGR of 4.5% during the forecast period. As per the German Association of the Automotive Industry (VDA), the exports of passenger cars reported in the country was 338,440 in November 2020, which increased from 11% compared to November 2019. In December 2020, the production of passenger […]
India hydraulic equipment market is estimated to grow at a CAGR of nearly 6.2% during the forecast period. The expansion of the aerospace and defense industry is offering an opportunity for market growth. Emerging demand for large aircraft from Indian carriers, including Indigo and SpiceJet has been witnessed in the country. Therefore, several India’s aerospace manufacturing […]
Global online casino market is projected to grow at a CAGR of 11.8% during the forecast period 2021-2027. High smartphone penetration, availability of high-speed internet connection along with the legalization of online casino in the countries across the globe is driving the growth of the global online casino market. Online casino playing is legal in major […]
Europe hydraulic equipment market is estimated to grow at a CAGR of 3.8% during the forecast period. Significant oil and gas production is supporting to drive market growth. As per the Eurostat, in 2018, the major oil producers in the EU were Denmark (5.8 million tons of oil equivalent (Mtoe)), followed by Italy (4.7 Mtoe) and […]
European regulatory technology market is anticipated to grow at a significant CAGR of 17.0% during the forecast period. The European regulatory technology market comprised on several European market players such as Acarda Gmbh, ACTICO GmbH, Alyne Gmbh, Blinking, and Cleversoft GmbH among others. These players are focusing on launching innovative regulatory technology solution to minimize the […]
The global industrial fasteners market is estimated to record a substantial CAGR of 4.3% during the forecast period (2021-2027). The world is moving towards the use of renewable energy sources to reduce carbon emissions. Countries such as China, the US, Germany, and India are installing additional wind turbines to promote sustainability. Furthermore, in countries such as Brazil, […]
The US aerial work platform market is anticipated to exhibit a CAGR of 5.7% during the forecast period (2021-2027). Rising e-commerce industry, growing construction activities, and mining expansion projects in the country are the key factors contributing towards the growth of the US aerial work platform market. Increasing demand for consumer products has led to an increase […]
North American Aerial work platform market is anticipated to exhibit a CAGR of 5.6% during the forecast period (2021-2027). Zhejiang Dingli Machinery Co., Ltd., Aichi Corp., Palfinger AG, MEC Aerial Work Platform, Manitou BF SA, among others are the major players operating in the North American aerial work platform market. New product launches made by the key […]