Industrial Automation

 The  automated material handling systems market  is predicted to increase at a CAGR of 9.4% from 2022 to 2027, rising from USD 28.8 billion in 2022 to USD 45.1 billion in 2027. Due to the commencement of COVID-19, the  automated material  industry is developing primarily due to increased demand for ASRS in the e-commerce industry. The  material handling  industry is expected to benefit from the growing trend toward smart factories. In order to evaluate operating efficiency and decrease waste, the entire manufacturing floor now requires monitoring at every step of the process. In such cases, smart factories with  handling equipment  provide continuous monitoring of all processes. Furthermore, many intuitive technologies included in material handling systems, such as cloud connectivity and data analytics, improve asset performance and give real-time actionable data. Wireless remote-control systems that help give better diagnostics and save commissioning time are also provided by the

 Industrial health and safety regulations are strictly enforced around the globe and the requirement to use industrial safety solutions in the workplace is a key factor propelling the  industrial and workplace safety market  statistics . According to the  industrial and workplace safety market study , the demand for workplace safety solutions is surged by the growing concerns about occupational. The study also finds that the high demand for dependable safety systems to ensure asset and personal protection further drives the  industrial and workplace safety market growth  significantly. Intelligent clothing, smart safety, autonomous vehicles, and smart  construction PPE  are new,  emerging trends in the industrial and workplace safety market  that will most likely augur well for the industrial and workplace safety market. The increasing integration of big data in safety tools, as well as the use of safety information as a predictive tool for risk management, is anticipated to pr

 Global sales of  multi-deck refrigerated display cases  are set to be valued at over US$ 5,937.1 Mn in 2022, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The report estimates the market to expand at over 5.6% CAGR from 2022–2032. The increasing usage of multi-deck refrigerated display cases in retail food and beverage sector will facilitate the market growth. Increasing disposable income as a result of economic growth has fueled spending on consumables in various developing economies. Therefore, the increasing number of middle-class consumers and rising brand consciousness among them have been driving the market for food and grocery retail sector. Increasing urbanization has significantly increased the dependence on the storage and transportation of food & beverages. Moreover, the growth in number of quick services restaurants is creating conducive environment for sales of multi-deck refrigerated display cases. The urban s

 The global  anechoic chamber market  is anticipated at US$ 1.2 Billion in 2021 while US$ 2 Billion by 2032 by the end of the forecast period. The market is projected at a CAGR of 21.7% from 2022 to 2032. The growing development of outsourcing testing, inspection, and certification services is anticipated to play a significant role in driving the market in the forecast period. Another salient factor contributing to the market expansion is the increasing need for testing electronics. Moreover, the growing demand for anechoic chambers for electromagnetic compatibility pre-compliance testing and the rising application of industry-specific customized anechoic chambers are other vital factors bolstering the industry in the forecast period. On the contrary, increasing incidents of errors and high expenses involved in electromagnetic compatibility testing are expected to hinder the market growth in the forecast period. Also, increased lead time for overseas qualification assessment is ano

 According to industry estimates, the global market for  automated parcel delivery terminals  will reach US$ 720 Million   by 2022 and is expected to reach US$ 2 Billion by 2032 while recording a CAGR of 10.9% during the forecast period from 2022 to 2032. With a growing demand for more deliveries and increasing pressure for shorter response times, there is a growing need for shorter transportation times in the automated parcel delivery terminals in the market. Increasing demand for online medicine delivery apps as well as same-day delivery systems has resulted in significant growth in the market for automated parcel delivery terminals. Market participants are experiencing new methods of parcel delivery with the growing adoption of innovative distribution channels. E-commerce companies, retailers, and manufacturers are working together in order to meet consumer demands in real-time while minimizing operational costs. To provide customers with individualized service, companies are in

 The global absorbent glass mat(AGM) battery market is estimated to garner US$ 18 Billion while exhibiting a 4.8% CAGR during the forecast period. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure US$ 11.2 Billion in 2022. The number of research and development by the leading manufacturer and the production of maintenance-free and non-spillage batteries with loner life is the primary factor driving the growth of the absorbent glass mat (AGM) battery market.  The increasing demand for renewable energy projects across the globe is also expected to fuel the demand of the market over the forecast period. The UPS segment is likely to offer remunerative opportunities for the global absorbent glass mat(AGM) battery market. Several emerging economies are making significant developments in their automotive sector, thereby, providing lucrative opportunities to players in the market.   Key Takeaways:

 The global screw air end market is set to reach a valuation of US$ 4 Bn in 2022. Expanding at a 4.5% CAGR, the market valuation is set to reach US$ 6.2 Bn by 2032.   According to Future Market Insights, growing usage of screw air compressor will significantly augment sales in the oil and gas, energy and transmission, and automotive and aerospace will augment the growth in the market over the forecast period. As the screw air end is a key unit in a rotary screw air compressor, it is responsible for the compression process of the air after the suction. Manufacturers are expanding their product lines with new screw air end compressors. These air compressors are designed to be extremely energy efficient; oil-injected screw air end compressors may cut energy usage by up to 50%. This endeavour improves the compressor's efficiency by 15%, and it's meant to take up less space, generate less noise, and give 12 per cent more free air than prior models. In the Global Screw Air End

  RFID Kanban System market size is expected to reach US$ 1.6 Billion in 2022 registering a CAGR of 18.1% from 2022 to 2032, reaching US$ 8.4 Billion. The mobility offered by RFID technology has long been a major selling point in the market. The benefits will grow dramatically in the future as cloud-based data storage becomes an integral part of RFID systems. As data is stored in the cloud, it can be accessed in real time to improve stock accuracy, replenishment, and product availability. Cloud services can improve productivity and accuracy throughout the entire supply chain, making warehouse employees, IT experts, and other critical members of business more efficient. Industry leaders will continue to develop new ways to take advantage of RFID Kanban system features beyond materials and technology. These systems will become increasingly valued as more than just tags, providing integrated solutions encompassing a wide range of applications and platforms. Key Takeaways: ●      

 The  testing, inspection, and certification market  is predicted to increase at a CAGR of 1.8% through 2032, reaching USD 256.9 billion by 2032 from USD 215 billion in 2022. The testing, inspection, and certification sector contributes significantly to the global economy by helping to improve the quality of products used by diverse end-users across industries. The high cost of testing, inspection, and certification services owing to disparities in standards and regulations is projected to pose significant risks to the testing, inspection, and certification market key trends & opportunities. The digital revolution of consumer services and the quick adoption of breakthrough technologies help them carve out testing, inspection, and certification market growth. The factors impeding testing, inspection, and certification market growth are increased competition and limited awareness among small scale manufacturers. The variables that are opportune for testing, inspection, and ce

 As per the high-quality report of ,  the  industrial cyber security market  is predicted to increase at a CAGR of 7.7%, from USD 20.7 billion in 2022 to USD 29.99 billion in 2027. The driving factors of increased  demand for industrial cyber security products  in the  power  industry. The pandemic caused chaos in the  global  economy at the start of 2020, causing unprecedented chaos and disruption for  organizations  and individuals all across the world. The pandemic has resulted in the introduction of a work-from-home option for most employees, posing  operational  issues for enterprises. The  Internet of Things  has made it much easier to do difficult activities and has eased the lives of millions of people. It provides a new approach for contemporary  companies  to handle, store, and process data in  the cloud  and  data centres . Customers,  businesses , and  communication   service  providers all interact differently because too  smart  gadgets. They’ve made it possible to 

 According to the  industrial automation market  analysis by Future Market Insights (FMI), the market is poised to attain a CAGR of 7% during the forecast period 2022–2032. The  industrial automation market growth  can be attributed to rising demand for real-time data analysis across geographies and increased adoption of cutting-edge technology across end-use industries to improve performance. The significance of predictive maintenance and asset management solutions, which provide users with better visibility into their equipment condition, is accelerating the  demand for industrial automation solutions . The efficient flow of information across different units in an industry allows for the most efficient conversion of raw materials to finished goods, highlighting the significance of the connected enterprise system, which augurs well for  industrial automation market future trends . Industrial automation solutions adoption trends  are likely to be favoured by governments across

 FMI offers an exhaustive overview of the  elevator and escalator market  along with its potential, growth drivers and restraints. Infrastructural development witnessed across the world, besides increase in population is encouraging growth in the construction industry. This has been creating growth opportunities for the elevator and escalator market. Despite requiring expert handling and maintenance expenditure, the demand for elevators and escalators are projected to increase further in the coming years. Some of the leading companies are incorporating IoT technologies in connected elevators and escalators. This has allowed them to control various parameters such as load capacity, frequency of usage, and others. Such technological improvements are expected to bode well for the overall market. The recent COVID-19 outbreak has resulted in declining market growth. However, several factors are expected to drive the elevator and escalator market during the forecast period. According

  Water treatment systems  have been considered reliable and essential aspect of societies and a key contribution to public health during the global pandemic. Utilities’ initial response to the pandemic by optimizing disinfection doses has been the key step in protection and avoidance of both utility workers and the receiving water ecosystem and minimizes the potential contagion of the coronavirus. For instance, remote sensing of water that helps with non-revenue water remediation, and water accounting, Internet of Things (IoT) that enables water quality control, and smart irrigation. Coupled with new computing capacity, IoT enables market players to devise complex models for water management. Key Takeaways of Water Treatment System Market Study Worldwide adoption of water treatment systems to surge at  6.0% CAGR over 2022–2031 Preliminary treatment systems to procure leading revenue share, tantamount to 40% Application in process water/water treatment t

 Demand for  vibration control systems  is likely to witness a revival in 2021, according to the latest edition of the study by ESOMAR-certified market research firm, Future Market Insights (FMI). The study also finds that a significant percentage of industry players are confident of growing investments in automation, a strategy stalled by COVID-19 outbreak. However, the pace of recovery is likely to be muted in 2021, with a robust recovery anticipated in 2022 onward. As the key end-use industries such as mining & quarrying, food manufacturing, textiles, and others are subject to expend further, the vibration control system manufacturers are expected to witness significant demand in the future. Key Takeaways High demand for anti-vibration cylinders likely to be witnessed Original Equipment Manufacturers (OEM) continue to be preferred by end-users Rise in requirement from transportation industry to fuel sales of vibration control systems Sales

  A s per the research at FMI,  the mining hoses market  was valued at US$ 370.86 Million and is predicted to reach US$ 616.43 Million by 2032, growing at an average 5.6% CAGR. Increased production of various minerals such as copper, gold, and iron, including some product manufacturing companies implementing mining programs, are driving the mining hoses market.  The booming construction sector as developing countries like India and China build and reform their infrastructure to support consistent economic development along with building and repairing highways is also flourishing the growth of the mining hoses market in new markets.  Cost-effective and environmentally friendly construction techniques are integrating with modern construction practices, including transportation and building, which are driving the market's growth and expanding its market size worldwide.  Increased production of minerals and mineral-based products like mineral powders in emerging economies like

 The  surge arrester  market is estimated to expand at a CAGR of 5% over the forecast period, reaching US$ 2.6 Bn by 2032. Improvements in the electrical line infrastructure in developing nations is expected to remain a key growth driver for the surge arrester market during the forecast period.  Rise in the electricity demand across the globe, as well as a growing focus on increasing renewable energy capacity, are encouraging authorities to invest in electricity transmission and distribution networks, as well as electrification projects. Surge arrester demand is expected to rise as a result of these investments and plans, as well as investments to replace ageing electric infrastructure across various countries.    Surge arresters are widely used in substations, transmission lines, and other electrical network components, with significant coverage of the application areas. Furthermore, one of the primary factors driving the market is increased investment in transmission and distribu

 The global  dredging market  is predicted to grow at a CAGR of 3.7%, reaching a valuation of more than US$ 22.3 billion by 2032. The dredging market is anticipated to benefit from rising demand for gulf coast restoration activities. Dredging service providers are adopting dredger monitoring systems and upgradation of their equipment to increase efficiency and productivity. Rising government investments for dredging activities in emerging economies will create opportunities for growth in the market in the forthcoming years. Various developing and developed countries’ governments are investing in harbors, channels, and waterways that are dredged in a timely and cost-effective manner to meet environmental protection, restoration, and enhancement goals. Further, increase in trade activity, urban development projects and coastal protection activities are driving the demand for dredging services globally. Manufacturers are introducing new and innovative service methods with maintaining

  According to Future Market Insights (FMI), over the forecast period of 2022–2032, the lightning arrester market is expected to grow at a CAGR of 6.5% to reach a valuation of US$ 1,466.7 Mn by the end of 2032. During the projection period, growing focus on electrical equipment safety in the home, as well as other applications like infrastructure, power plants, and others, will play a key role in boosting the lightning arrester market.   Stringent regulatory environment coupled with rising power demand of skyscraper have led to a increased in lightning arrester sales. A lightning arrester is a device that is installed on the electrical system of a building to protect it from damage caused by lightning. The arrestor dissipates the energy of the lightning strike, preventing it from entering the building and causing a fire or electrical shock.   Rising electricity demand, combined with growing focus on boosting renewable energy installed capacity, is driving utilities to invest in