Demand for automotive diagnostic scan tools is expected to witness strong growth due to increasing electrification of vehicles worldwide. Automotive diagnostic scan tools are combination of electronic devices and software that are used as interface with diagnostic systems in vehicles. These tools are used for identifying faults or malfunctions in electric systems of vehicles by simply plugging cable into a diagnostic connector and running full scan.
The farm tractors market is expected to grow at a CAGR of 7% during the forecast period of 2023 to 2031. The farm tractor market is a vital segment of the agriculture industry, providing essential machinery for various farming activities. Farm tractors are versatile vehicles used for pulling or pushing agricultural implements, performing tasks such as plowing, tilling, planting, and harvesting. The market revenue of the farm tractors industry has experienced steady growth over the years, driven by the increasing mechanization of agriculture, rising global food demand, and the need for enhanced operational efficiency.
Automotive automatic transmission, also called as auto/self-shifting transmission, refers to a transmission system that is capable of changing automatically as the vehicle starts moving. Unlike manual transmission systems, automatic transmission eliminates the need for human intervention for gear shifting thereby providing better comfort to the driver. The history of automatic transmission dates back to early 1920s (invented by Alfred Horner Munro, Canadian steam engineer.
Material processing (viz. grinding, polishing, deburring and cutting) are among the most crucial operations carried across different industrial applications. Due to immense significance of precise finishing, it becomes highly essential for the industrial manufacturing and processing companies to adopt viable solutions so as to ensure accurate finishing of the concerned products and components.
The demand for X-ray tire inspection systems has been modest in developed markets like North America and Europe. The demand for X-ray tire inspection systems in these regions is expected to witness growth below the global average.
Automotive