Industry Insights

Ultrafast Mode-Locked Diode Lasers Industry Is Slated To Be Valued At US$ 5.2 Bn By The End Of 2031

The worldwide ultrafast laser market is expected to be worth US$ 1.4 Bn in 2021. According to Fact.MR, the global market value will total US$ 5.2 Bn by 2031, expanding at an astounding 14% CAGR across the 2021-2031 forecast period. Ultrafast lasers have become critical across automotive, medical devices, and consumer electronics industries, due to

Industry Insights

Dry Current Transformers Market Is Anticipated To Add 1.4x Value In 2030

Current transformers are designed to decrease or increase alternating current in its primary. This function provide the power to disconnect devices and relay windings.Current transformers are used in power plants, substations, industries, and commercial spaces for metering and protection purposes. The energy and manufacturing sector use metering current transformers where direct connection of metering devices is not

Industry Insights

Growth Of The Coal Handling System Market Is Likely To Be Threatened By Increasing Inclination Of Industrial Sectors By 2030

Consumption of coal remains strong across industries due to its low price, which is also leading to strong sales of coal handling systems, globally. These systems are an integral part of a plant’s material flow and coal quality management. Coal handling system are largely used across industries, especially at coal mining plants, thermal power stations, and ports.

Industry Insights

Worldwide Sales Of Magnetic Induction Heating Devices Are Projected To Increase At A CAGR Of 4.2% From 2022 To 2032

Worldwide sales of magnetic induction heating devices are projected to increase at a CAGR of 4.2% from 2022 to 2032. As of 2022, the global magnetic induction heating devices market accounts for a revenue of US$ 518 million and is anticipated to reach US$ 781.6 million by the end of 2032. Increasing focus on sustainability and growing need to reduce fossil

Industry Insights

Global Robotic End Of Arm Tools (EOAT) Market Is Likely To Witness Growth At A CAGR Of Over 10% Through2028

The report offers actionable and valuable market insights of Material Removal Tool. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Material Removal Tool Market across

Industry Insights

Elevators Market Is Projected To Register A Volume CAGR Of Nearly 10% Through 2029

According to a new study by Fact.MR, the global sales of elevators are estimated to surpass 900 thousand units in 2019. The elevators industry continues to remain influenced by various factors, which range from the resurgent growth in new residential construction, to innovative developments in modern elevator designs such as cloud predictive maintenance and intuitive