Machinery Industry - Market Research Report

 The global industrial refrigeration systems market size is anticipated to reach USD 27.66 billion by 2030, registering a CAGR of 4.4% from 2023 to 2030, according to a new report published by Grand View Research, Inc. The demand for industrial refrigeration is increasing due to the fast-moving consumer goods and retail food which needs efficient storage for perishable edible items. Governments are taking initiatives to support and strengthen the cold chain infrastructure and shifting towards eco-friendly refrigeration systems. Global warming and climate change have alarmed nations to take the necessary step to curb the crisis. As a result, industrial refrigeration system manufacturing companies have expressed concerns regarding the potential of global warming and ozone depletion of their refrigerants. As a result, companies are focusing on technologies to offer improved cost-effectiveness, lesser toxic refrigerants, lower energy consumption, and less toxic materials.   Acc...

 The global industrial fasteners market size is expected to reach USD 131.28 billion by 2030, registering a CAGR of 4.6% over the forecast period, according to a new report by Grand View Research, Inc. The market is anticipated to be driven by factors such as the increasing population, significant investments in the construction industry, and rising demand in industries such as aerospace and automotive. Industrial fasteners are available in two major types: metal and plastic. Metal fasteners dominated the industry; however, the product is expected to witness lower growth as compared to its counterpart owing to the increasing penetration of materials such as plastic in applications such as aerospace and automotive on account of their high corrosion resistance and lightweight characteristics.   Access the Industrial Fasteners Market Size, Share & Trends Analysis Report 2024-2030, published by Grand View Research   The global market is highly competitive owing to t...

How the Exoskeleton Market is Transforming Lives The increasing adoption of medical devices in industries such as automobiles, military, defense, and construction has fueled exoskeleton market growth. Technology is constantly pushing the boundaries of what's possible, and advancements are a prime example of this innovation in action. According to Grand View Research, the global exoskeleton market was estimated at USD 419.5 million in 2023 and has a projected growth rate (CAGR) of 16.6% from 2024 to 2030.   Access the Exoskeleton Market Size, Share & Trends Analysis Report 2024-2030, published by Grand View Research Key Growth Factors The major drivers behind the growth of the exoskeleton market are: Primarily, increased use in the medical field, particularly for rehabilitation purposes, has steered growth. Innovative AI and IoT-powered exosuits are transforming the way healthcare professionals approach physical therapy and mobility assistance. Tech innovations are providing...

  The construction equipment market is at the edge of advancement due to the consistent development of innovative equipment and trending technologies. Construction is the foundation of urbanization, giving a new face to infrastructure and, in turn, transforming villages into smart cities. This sector necessitates advanced equipment to perform various tasks, including developing infrastructure and transporting heavy construction materials. This market is creating opportunities for various raw material dealers, equipment manufacturers, and suppliers. As the market evolves continuously, the development of transformative equipment is on the surge. Such a trend improves safety, efficiency, and sustainability. Nowadays, market players are making efforts and investing largely in developing advanced technology-savvy and efficient equipment, thereby accelerating their demand in the market. The global construction equipment market size was valued at USD 207.14 billion in 2023 and is...

Rapid industrialization and rising environmental concerns are navigating the industrial air filtration market. The world is aware of its carbon footprints, and industries willingly focus on air filtration in their respective plants. Rising air pollution due to carbon and other pollutants such as pollutants such as nitrogen oxide, ammonia, and mercury are causing harm to the environment. Therefore, according to Grand View Research, the global industrial air filtration market is poised for significant growth, with an estimated size of around USD 7.43 billion in 2023 and a projected compound annual growth rate (CAGR) of 6.3% from 2024 to 2030.   Access the Industrial Air Filtration Market Size, Share & Trends Analysis Report 2024-2030, published by Grand View Research Driving Factors of the Industrial Air Filtration Market Multiple factors, such as international mandates like the UN Framework Convention on Climate Change, Montreal Protocol, Kyoto Protocol, COP24, and others, ...