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European countries are experiencing unprecedented economic changes, forcing manufacturers to optimise product cost by implementing energy-efficient systems, which, in turn, is increasing the demand for electric drives in various end-user segments. This research service offers segment breakdowns for the low- and medium-voltage electric drives with a...

This research service examines current and emerging trends in the global mechanical seals market across several sectors. The study is based on the global mechanical seals market's end-user industries (oil & gas, chemicals, food & beverage, metals & mining, power generation, water & wastewater, and others). The study is further broken down by produc...

The industrial machinery manufacturing sector registered strong growth in 2023, aided by increased consumer demand and the launch of new technologies and products. Increased collaboration between machinery OEMs, automation, and the Internet of Things (IoT) vendors is expected to help industries such as water and wastewater, chemicals, and oil and g...

The study examines key trends shaping the global motor services industry and provides comprehensive data on service types across industries and regions. There is also information on the market shares of key competitors. The study encompasses services such as maintenance, repairs/replacement, testing, and optimization of electric motors used across ...

This study covers the medium and high voltage motors used in major end user industries such as minerals and mining, oil and gas, power, chemicals and petrochemicals, water and wastewater, and others. It discusses the drivers and restraints affecting the medium and high voltage motors market. The study provides the total market revenue forecasts til...

17 Jan 2020  |  Asia Pacific  |  Market Research

Asia-Pacific Machine Tool Market, Forecast to 2023

Manufacturing Industries Shifting Toward Low-cost Production, Coupled with Globalization of Markets, is Propelling the Consumption of Machine Tools in Asia-Pacific

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Growing per-capita income of middle-class consumers has led to a rise in spending on goods. To meet the demand and grab the opportunity in the Asian market, manufacturing industries are investing in new production plants and machines. Additionally, low-cost manufacturing competitiveness such as lower labor costs, young populations, and low cost of ...

01 Mar 2021  |  Global  |  Market Research

Industry Convergence to Accelerate Adoption of Smart Solutions in the Global Industrial Equipment Industry

IIoT and Leasing Models Enhance Future Growth Potential of Industrial Equipment

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Industry 4.0 revolves around integrating information technology (IT) and operational technology (OT) with near-real-time connectivity to provide actionable intelligence to decision makers. This research focuses on the adoption of digital technologies and smart devices in the industrial equipment industry. Industrial tools are the leading industry ...

This research presents the scenario in the global electric motors and electric drives market in 2019 including sales by different geographic regions, by different motor technologies, by different motor power ratings, drive technologies, and by major end-user industries. In addition to this, the research discusses the latest technology and business ...

This study examines the technology landscape, commercialization progress, and future growth opportunities of wide-bandgap (WBG) semiconductor materials, with a primary focus on silicon carbide (SiC), gallium nitride (GaN), and gallium oxide (Ga₂O₃) for power and RF electronics. It evaluates how these materials enable higher efficiency, greater powe...