Industrial Automation

  The global   power tools market   is predicted to reach a value of US$ 51.2 Bn in 2032, with sales growing at a moderate CAGR of 5.1% from 2022 to 2032. Driven by the surging demand for electric power tools and portable power tools, the target market will reach an estimated US$ 33.36 Bn in 2022. Increasing application in aerospace, automotive, construction, and other industry verticals further fuels the growth of the power tools market during the forecast period. Owing to the rising application of power tools in various industries such as aerospace, automotive, furniture, and others will drive the target market growth. Again, more and more manufacturers are increasingly presenting intelligent solutions for corded and non-corded power tools, and features like electric motors, and power tools applications are reducing the need for manual labor. These factors bode well for the target market. Again, benefits associated with power tools like portability and easy maneuverability will contr

  The global   vision guided robots market  is projected to secure a CAGR of 7.8% during the forecast period, and attain a value of US$ 27,238.3 million by 2032. The current valuation of the market stands at US$ 12,810.0 million in 2022. The demand for vision guided robots is rising due to increased flexibility in discrete sectors and new product development. The vision guided robots operate freely and increase the efficiency of production, and are therefore being adopted on a large scale, which is contributing to the market growth of vision guided robots. A robot is a multifunctional, reprogrammable manipulator intended to move materials, tools, parts, or specified devices through variable programmed motions. Robots are designed to perform a variety of tasks and a robot fitted with a camera and a computer to provide visual feedback is referred to as a vision guided robot. Vision guided robots work on a technology wherein the camera(s) acts as a sensor, which provides a feedback sugges

  The   industrial PC market   size was worth US$ 5 billion in 2021 and is expected to reach US$ 9.4 billion by 2032, increasing at a CAGR of 6% over the forecast period as indicated by the industrial PC market report by FMI. As per FMI, the industrial PC market in China is expected to grow at the highest CAGR during the forecast period, owing to the rapid penetration of automation across manufacturing industries, favorable government support, growing popularity of advanced products like Advantech industrial PC, and large base of leading industrial PC manufacturers. Over the years, rapid economic growth and increased government spending have fueled the expansion of China’s manufacturing industries. China accounted for 28.4% of global manufacturing output in 2018, according to the World Economic Forum. As these manufacturing industries embrace modern technologies to increase productivity while minimising human intervention, demand for industrial PCs in the United States will skyrocket i

  A CAGR of 5.1% is expected for the global   inspection machines market   due to the growing demand during the forecast period. It is anticipated to be appraised at US$ 1,053.5 Mn by 2032, up from US$ 643.1 Mn in 2022. There has been a rising number of inspection checkpoints throughout the production line. This is likely to drive the sales of inspection machines. With the advancement of industrial automation process, the demand for inspection machines is constantly growing. These solutions are not only expanding its footprint in manufacturing sectors, but also growing its demand in non- manufacturing applications. Inspection Machines are a types of machines which are used in scrutinizing products specially, packaging components or packages in order to ensure the specifications. Evolving technologies have also increased the inspection tasks which can be easily performed. For instance, earlier the metal detectors were limited to detect ferrous metals but nowadays, with the help of diffe

  The global   steel pipe market   is projected to reach a value of US$ 1,51,905 Mn by 2032, with the market growing at a steady CAGR of 5.4% from 2022 to 2032. In 2022, the target market is expected to reach US$ 90,122 Mn. The surge in oil & gas production to cater to the demands of the transportation industry will aid the growth of the steel pipe market during the forecast period. Steel pipes and tubes are widely used in the oil and gas industry, which is one of the target market’s major growth drivers. Steel pipes are used to transport gas and liquid in the oil and gas industry, which contributes to the target market’s growth. Steel pipes are most commonly made from alloy steel and carbon steel. As a result, many manufacturers are concerned about raw material prices and have reserved suppliers who provide cost savings to their target consumer base. Download Sample PDF:  https://www.futuremarketinsights.com/reports/sample/rep-gb-4941 The properties of steel pipes such as resistan

  The global   factory automation and industrial controls market size   is expected to be valued at US$ 130.84 Billion in 2022. The overall demand for Factory Automation and Industrial Controls is projected to grow at a CAGR of 5.2% between 2022 and 2032, totaling around 216.65 Billion by 2032. Automation is the use of mechanical and informational technologies in conjunction with manufacturing processes to build a productive and intelligent manufacturing infrastructure. The operational costs of manufacturing can be reduced with the aid of industrial control systems and factory automation. In order to increase quality, they also aid in standardising the manufacturing process. The setup comes with a high upfront cost. However, in the long run, investment in automation can help any firm save on manpower costs by reducing labor in factories and quality control and auditing and minimizing the cost of rework as robots are highly effective and low on errors. The use of automation also improve

  The global   thermostatic radiator valves market   is projected to amass a revenue of around US$ 404.0 million by 2032, up from US$ 279.0 million in 2022 moving forward with a CAGR of 3.8% during the forecast period. Thermostatic radiator valves are used in high capacity steam and hot water heating systems and the sales of thermostatic radiator valves is rising owing to its provision of individual control of radiators and baseboard heating units. Thermostatic radiator valves are considered as an efficient way to control the heat inside the house and can also help to save up to 40–45% on heating bills. They are provided with different settings in each room as they are installed on each radiator, which can easily be turned off in rooms if not in use. Few unique range of thermostatic radiator valves consist of petite version, decorative model, thermostatic radiator valves bodies, remote sensor heads and kits. Thermostatic radiator valves are considered to be perfect for various projects

  The   sirens market   is likely to secure a valuation of US$ 170.1 Million in 2022. The sirens market is estimated to reach a value of US$ 244.0 Million by 2032 with a CAGR of 3.7% by 2032. Increasing threats and accidents in developing economies have led to a rapid increase in the number of victims and a loss of potential business. Adoption of security solutions, such as sirens is an effective way of tackling these challenges. Motorized sirens are used for home security, whereas long range sirens are suitable for mining and industrial applications. Omni-directional sirens can be used in areas of high noise levels and those with large population densities as they provide a greater area of coverage. Sirens have external controls with triggers, which can be customized according to needs. The lightening types of sirens include bulb revolving, LED flashing and xenon lamp strobe. The loud speakers in sirens are adopted from latest piezoelectric ceramic technology. Download Sample:  https: