Industrial Automation

  Future Market Insights (FMI) has forecasted the global   Oil and Gas Fittings Market   to register year-on-year growth of 3.2% in 2022 reaching a value of about US$ 1,326.8M by 2022 end. A new market research report by Future Market Insights on the Oil and Gas Fittings Market includes global industry analysis 2014–2021 and opportunity assessment 2022–2029. The report investigates the oil and gas fittings market and provides critical insights for the forecast period of 2022–2029. As per the findings of the report, the global oil and gas fittings market is expected to experience moderate growth during the forecast period due to multiple factors such as new oil and gas drilling projects and new pipeline contracts across the globe. The global oil and gas fittings market is estimated to reach ~US$ 1.2B in 2019, and increase at a CAGR of ~3% in the forecast period 2022–2029. This growth is majorly driven by the increasing consumption of oil and gas fittings in upstream and downstream opera

  The global sales of   laser safety glass   are projected to reach 6.3 Mn units by the end of 2028, which translates into a robust 10% volume CAGR during the forecast period (2022–2028). A new Future Market Insights (FMI) report says that sales of laser safety glass are primarily driven by the growing usage of laser machines across end-use sectors. Laser safety glass is widely used in the healthcare industry, particularly dentistry and dermatology. Strict government regulations about the usage of personal protection equipment will remain crucial in fostering the demand for laser safety glass. Get | Download Sample Copy : https://www.futuremarketinsights.com/reports/sample/rep-gb-885 Key Takeaways — Laser Safety Glass Market Study Stringent regulations related to laser safety glass will drive the demand for laser safety glass in the global market. For instance, European standard (EN) 207:20091 outlines the requirement of laser safety glass to ensure workers’ safety and protection. This

  The global market for   industrial motors   is expected to grow at a   3.5%  CAGR from 2022 to 2032, reaching a value of more than   US$ 917.3 million   in 2032. Several government agencies such as the European Water Association (Europe), the Environmental Protection Agency (the United States), and the India Water Works Association (India) are actively engaged in developing laws and regulations linked to water projects for disposal or reuse. For example, In the Unites States, the Environmental Protection Agency (EPA) has made it essential for industries to treat water before it is disposed of. In this context, specifications for maximum allowable contamination levels have been developed. Also, stringent government regulations have been put in place for the development of water projects to generate power, treat water waste, and stop exploitation of deposits, treatment of dischargeable water and others. These industrial water and wastewater projects are anticipated to directly influenc

  The global   vacuum cleaner filter market   was valued at   US$ 1924.1 million   in 2022. The report estimates the market to expand at a positive CAGR of   9.3%   from 2022 to 2032. During this period, it is projected that the rising awareness among end users, growing demand for vacuum cleaners from the healthcare sectors, and changing lifestyles will drive the market for vacuum cleaner filters. The expansion of the global economy is speeding up urbanization across developing countries. This is resulting in increasing disposable incomes, giving consumers the required purchasing power to invest in vacuum cleaners equipped with the latest filtration technologies. Vacuum cleaner filters allow vacuum cleaners to do their jobs properly. They can keep contaminants and airborne particles intact and filter air to ensure thorough cleaning. As adoption of vacuum cleaners is set to increase across commercial, industrial, and residential sectors, the global market for vacuum cleaner filters is s

  The global   crane aftermarket   is predicted to register a   CAGR of 6%   over the forecast period, as per FMI’s analysis. The industry’s market size is anticipated to rise from   US$ 7.42 billion  in 2023 to   US$ 13.29 billion  by 2033 end. The crane aftermarket is projected to be driven by the increasing demand for energy the world over, which is pushing the demand for robust power grids. In recent years, many countries have vowed to offer substantial monetary and non-monetary resources for the modernization and expansion of power grids and for invigorating the distribution infrastructure. In addition to this, the significant investments to promote the construction of solid energy transmission and distribution (T&D) networks, while upgrading the existing networks, are projected to push the aftermarket for cranes. The market is further projected to witness steady growth on account of surging adoption of cranes in the manufacturing and industrial sectors. The escalating deploym

  From 2023 to 2033, the   fire pits market   is projected to record a CAGR of 6.5%, reaching a value of US$ 7.24 billion in 2023. In 2033, it is predicted that the fire pits market would be worth US$13.59 billion. The fire pits market is being driven by homeowners’ rising demand to evoke an inside ambiance in outdoor locations. One of the favored trends among homeowners looking to improve their outdoor living spaces by the installation of fire pits. Global expansion of outdoor recreational activities is propelling market expansion. Camping, hiking, adventure racing, mountaineering, cycling, and other outdoor pursuits are examples of leisure activities. Customers are utilizing fire pits for both indoor and outdoor pleasure. These elements are projected to fuel market expansion. Download Sample PDF:  https://www.futuremarketinsights.com/reports/sample/rep-gb-16609 Emerging Technologies by Manufacturers to Speed Up Market Expansion It is anticipated that technological advancements made b

  The   industrial gearbox market   is predicted to be worth US$ 30.08 billion in 2023, and rise to US$ 47.16 billion by 2033. Demand is expected to increase at a CAGR of 4.6% during the projected period. Given that industrial gearboxes are used to control the speed and torque of production-related machinery and components, demand for these gearboxes is expected to rise as smart manufacturing becomes more common. The adoption of smart manufacturing is anticipated to raise the sales of industrial gearboxes, which are a crucial component of the industrial automation process. As the robotics industry develops and new technologies become available, manufacturers are likely to expect higher profit margins. Due to this technology, industrial gearbox makers now have greater opportunities. With the ability to precisely control the movements of industrial robots, gearboxes can be made to provide more precise motion control for industrial processes. Governments of different nations have taken a