Industrial Filtration Market Size to Grow $45.2 Billion by 2027

Industrial Filtration Market
According to the new market research report “Industrial Filtration Market by Type (Air & Liquid), Product (Filter Press, Bag, Drum, Depth, Cartridge, HEPA, ULPA), Filter Media (Activated Charcoal, Fiberglass, Filter Paper, Metal, Nonwoven Fabric), Industry and Region – Global forecast to 2027″, published by MarketsandMarkets™, the global Industrial Filtration Market is projected...

Electric Motor Market will Escalate Rapidly in Near Future

Electric Motor Market
The global Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast period. Increased demand for HVAC systems in residential, commercial, and industrial end-users in the Middle East and Asia Pacific regions along with growing use of electric motors across major industries is the driving factor for...

Smart Meters Market expected to Grow $30.2 billion by 2026

Smart Meters Market
According to the new market research report “Smart Meters Market by Type (Electric, Gas, Water), Communication Type (RF, PLC, Cellular), Component (Hardware, Software), Technology (AMR, AMI), End user (Residential, Commercial, Industrial), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, The Smart Meters Market size will grow to  USD 30.2 billion by...

Small Gas Engines Market to Hit Big Revenues in Near Future

Small Gas Engines Market
The global small gas engines market is expected to grow from an estimated $2.38 billion in 2016 to $2.91 billion by 2021, growing at a CAGR of 4.15% from 2016 to 2021. North America and Europe are likely to be the largest markets for small gas engines. The growth is likely to be driven by a growth in the construction industry and a rise in demand for rented outdoor power equipment. The demand for...

Industrial Power Supply Market expected to Grow $9.7 Billion by 2026

Industrial Power Supply Market
According to the new market research report “Industrial Power Supply Market By Type (AC-DC and DC-DC Converter), Output Power (Very Low Output(up to 500W), Low Output(500-1,000W) Medium Output(1,000W–10kW), High Output(10-75kW), Very High Output(75-150kW), Vertical, Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global Industrial Power Supply Market size...

Smart Electric Meter Market expected to Grow $11.33 Billion by 2023

Smart Electric Meter Market
The global Smart Electric Meter Market is projected to grow from an estimated USD 9.27 Billion in 2018 to USD 11.33 Billion by 2023, at a CAGR of 4.11%, from 2018 to 2023. The market in Asia Pacific is estimated to be the largest market for smart electric meters, followed by the North American and the European market in 2018. This trend is expected to continue until 2023. The growth can be attributed...

Electric Motor Market Likely to Boost Future Growth by 2026

Electric Motor Market
The global Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast period.Increased demand for HVAC systems in residential, commercial, and industrial end-users in the Middle East and Asia Pacific regions along with growing use of electric motors across major industries is the driving factor for the growth...

Light Management System Market is Thriving with Rising Latest Trends by 2023

Light Management System Market
The global Light Management System Market is expected to grow from an estimated $11.66 billion in 2018 to $21.51 billion by 2023, at a CAGR of 13.03%, during the forecast period. The increasing adoption of energy-efficient lighting automation systems is the major driver of the lighting management system market. The growing demand for building automation in North America and Europe make them potential...

Heat Pump Market to Grow CAGR of 11.68% to Reach $94.42 Billion by 2023

Heat Pump Market
The global Heat Pump Market is projected to reach a market size of USD 94.42 billion by 2023 from an estimated USD 54.34 billion in 2018, growing at a CAGR of 11.68% during the forecast period. In 2018, the market in Asia Pacific is estimated to be the largest for heat pumps, followed by Europe. This trend is expected to continue until 2023. The heat pump market is set to witness growth because of...

Industrial Gearbox Market expected to reach $31.90 Billion by 2023

Industrial Gearbox Market
The global Industrial Gearbox Market is expected to grow from an estimated $25.91 billion in 2018 to $31.90 billion by 2023, at a CAGR of 4.25% from 2018 to 2023.  Increasing requirement for efficient energy gearbox and clean energy sources are driving the growth of the industrial gearbox market. The increasing automation in manufacturing technology is facilitating the growth of the industrial...