Globally, the hitter-based hand tools market is expected to grow with a CAGR of 3.5% during the forecast period from 2022 to 2030. Hand tools are those that require manual efforts when being handled rather than using some energy or motor. These tools are largely used in household as well as industrial applications.
The satellite dish market worldwide is expected to grow with a CAGR of 3.4% during the forecast period from 2022 to 2030. The satellite industry is rising with more than 3% growth rate annually. A satellite dish is used to transmit information from communication satellite or by radio waves. The satellite dishes are being used for various purposes such as for television, broadband, radio, and mobile among others.
The liquid crystal tunable filter market worldwide is expected to grow with a CAGR of 9.8% during the forecast period from 2022 to 2030, starting from 51.50 Mn in 2021. Rise in demand for tunable filters and wide application of liquid crystal tunable filters are the major growth factors for the market. Due to various benefits of these filters such as good image quality, low cost, quick tenability and controllability, liquid crystal tunable filters are being used in biomedicine, remote application and other industries.
Globally, the industrial hearable market is expected to grow with a CAGR of 35.4% during the forecast period from 2022 to 2030, and was recorded to have a market value of US$ 334.30 Mn in 2021. The hearable technology is a form of hybrid technology, which merges the wearable technology in the hearing devices.
Globally, the blow fill seal equipment market is expected to rise with a CAGR of 6.2% during the forecast period, from US$ 337.3 Mn in 2020. The growth of this market is driven by the increasing demand for blow fill seal technology across pharmaceutical companies across the globe. Pharmaceutical companies are leveraging this technology for the packaging and storage of medicines. The high aseptic packaging nature of the technology along with the high speed of the operation makes it a suitable option for the pharmaceutical packaging.
Globally, the bridge expansion joints market is expected to grow with a CAGR of more than 5.9% during the forecast period from 2019 to 2027, starting from US$856.5 Mn in 2018. Bridge expansion joints are also called as movement joint that allows the bridges to contract and expand with respect to the environmental conditions such as changing temperature. Globally, there is rapid development in the construction industry. This is primarily driving the demand for bridge expansion joints.
Globally, the VXI test equipment market is expected to grow with a CAGR of 25.3% during the forecast period of 2021 to 2029, starting from US$ 23.5 Bn in 2020. VXI is based on the VMEbus it is an old technology, which is being in used since 1980s in various industries. VXI Consortium developed the VXI standards. These standards were developed for standardizing the multi-manufacturers standard, which allows the test solutions to be more compact. VXIbus offers time-tested bus, which supports mechanized test and needs for measurements.
The global theodolite market was valued at US$ 1333.6 Mn in 2020 and is projected to witness noteworthy growth, expanding at a CAGR of 5.4% during the forecast period from 2021 to 2029. Theodolite is an instrument used specifically in archaeology and survey testing for measuring vertical and horizontal angles. A theodolite comprises of a small telescope attached to devices that helps in measuring angles and has a variety of moving parts. They have the same constructional features regardless of their age or level of technology, and all of them basically perform the same functions.
Globally, the navigation equipment market is expected to grow with a CAGR of more than 5% during the forecast period from 2019 to 2027. Navigation equipment were traditionally referred to the services assisting to find a correct route and path guidance. However, the advanced navigation equipment are much more than just that. Technological advancements have improved the navigation equipment in such a way that modern equipment encompasses multiple services and facilities with multiple features and capabilities.
Globally, the fall protection equipment market is expected to grow with a CAGR of 7.2% during the forecast period from 2021 to 2029, starting from US$ 1.88 Bn in 2020. The fall protection equipment market is growing at a significant pace based on various factors such as increasing awareness regarding industrial safety, growing demand of fall protection equipment for recreational activities, growing utilization of fall protection equipment in construction, industrial and utility sectors and stringent government regulations pertaining to safety in various industries.
Equipment Market Research Reports
Machines have changed the whole face of the globe nowadays. It has laid a great impact on the equipment market and revolutionized various platforms across the globe. Machine and equipment continue to propel the industrial growth and fuel advancements in economical and technological developments.
One of the most well-known example of the equipment market is construction and manufacturing sector. Equipment market is growing and expanding at a very rapid pace. For being a part of the booming construction and manufacturing industry, you must possess the knowledge of tools of modern management along with construction equipment use in order to know the method of construction and the overall layout design. One cannot coin a plan, make capital investment or commence a business without taking into consideration any of the main facts about the construction & manufacturing sector specifically the equipment industry.
The construction equipment market is few of the key business markets as the firms in this business rent, lease, sale and buy the equipment to operate their business units by erecting the building edifices effectively. There is no single equipment nor any sole machine in this sector that can achieve any construction task single handedly. Every construction function uses construction equipment to perform most intricate tasks effortlessly and without any hitches . Generally, the construction equipment collection comprise a array of machines like grading, asphalt compaction, hydraulic excavators, wheel dozers, soil stabilizing, soil tiller machines, cranes, JCB, drilling machines, demolition machines , turbines ,cement mixers and road construction equipment.
These equipments are usually deployed in power generation sector, mining industry, , real estate sector, oil , gas & coal industries for smooth running of its operations and functions.
Our market research reports are user friendly and a perfect source of information on market trends and happenings in past, present and future . It helps you to have an insights into the market and know the future growth prospects of your equipment business . The vast collection of market research reports that we source include unique and exceptionally competitive market research reports of the equipment market.
The main focus of Acute Market Reports is to provide in-depth analysis, breakthrough and rational concepts to the customers about the current developments taking place in the equipment market . This is to make them aware of the industrial developments so that they can take future business decisions based on the market analysis and information provided by Acute Market Reports.