Industry Insights

Trend of Digitalization in e-Commerce Accelerating Growth of Intralogistics Space

Market Development During the COVID-19 pandemic, the intralogistics sector gained high importance as most companies shifted their ways to digital platforms. Intralogistics is paving its way ahead in terms of system integration with the warehouse and distribution networks of end-use industries. Increasing penetration of developing and developed countries in the logistics and automobile end-use sectors

Industry Insights

Temporary Power Market Projects Over 6% CAGR For The Market Through 2026

The temporary power market has come to the forefront to bridge the energy demand from semi-permanent sources. Usage of temporary power in the building, construction, and renovation industries is imperative. While temporary power sources save electricity to fit the bill, its installation requires applicable codes, standards, and regulations. The perks of using temporary power over conventional one

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.