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Machinery and Equipment

Global Smart Machine Market 2021

Smart machines are devices or systems that integrate machine to machine (M2M) technology, which enables them to solve problems or make decisions without human intervention. The global smart machine market is set to grow by US$ 82.15 billion during 2021-2027, growing at a compound annual growth rate (CAGR) of 12.7% during the forecast period, according to data and analytics company StrategyHelix. The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the smart machine market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

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Global Smart Transducer Market 2021

An intelligent or smart transducer is the integration of an analog or digital sensor or actuator element, a processing unit, and a communication interface. Smart transducer takes input from the physical environment and uses built-in compute resources to perform predefined functions upon detection of specific input and then process data before passing it on. The global smart transducer market is set to grow by US$ 183 million during 2021-2027, growing at a compound annual growth rate (CAGR) of 7.8% during the forecast period, according to data and analytics company StrategyHelix. The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the smart transducer market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

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Global Welding Supplies Market 2021

Welding is a fabrication process whereby two or more parts are fused together by means of heat, pressure or both forming a join as the parts cool. The bulk of materials that are welded are metals and their alloys, although the term welding is also applied to the joining of other materials such as thermoplastics. The global welding supplies market is set to grow by US$ 3 billion during 2021-2027, growing at a compound annual growth rate (CAGR) of 4.2% during the forecast period, according to data and analytics company StrategyHelix. Expansion in process industries and manufacturing activities, growth in automotive & construction industry, and increase in global energy infrastructure investment are expected to boost the market growth in the coming years. The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the welding supplies market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

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Global Welding Equipment Market 2021

Welding is a fabrication process whereby two or more parts are fused together by means of heat, pressure or both forming a join as the parts cool. The bulk of materials that are welded are metals and their alloys, although the term welding is also applied to the joining of other materials such as thermoplastics. The global welding equipment market is set to grow by US$ 2 billion during 2021-2027, growing at a compound annual growth rate (CAGR) of 4.4% during the forecast period, according to data and analytics company StrategyHelix. Expansion in process industries and manufacturing activities, growth in automotive & construction industry, and increase in global energy infrastructure investment are expected to boost the market growth in the coming years. The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the welding equipment market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

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Global Fusion Splicer Market 2021

A fusion splicer is the machine used to weld (fuse) two optical fibers together. Fusion splicing is a preferred way to join two fibers together by using heat. This process ensures optimal performance, the lowest loss, and the lowest amount of reflectance when compared to a mechanical splice. The global fusion splicer market is set to grow by US$ 325 million during 2021-2027, growing at a compound annual growth rate (CAGR) of 6.5% during the forecast period, according to data and analytics company StrategyHelix. The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the fusion splicer market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

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Global IoT Devices Market 2021

IoT devices are the nonstandard computing devices that connect wirelessly to a network and have the ability to transmit data, such as the many devices on the internet of things (IoT). In 2020, the global IoT devices market in terms of volume was estimated at 26,487 million units and is anticipated to grow to 73,513 million units in 2027 with a growth rate of 15.7% over this period, according to data and analytics company StrategyHelix. This is due to fact that internet is now being used extensively and also due to the greater usage of smart phones. The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the IoT devices market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

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Global Material Testing Equipment Market 2021

The global material testing equipment market is set to grow by US$ 156 million during 2021-2027, growing at a compound annual growth rate (CAGR) of 3.2% during the forecast period, according to data and analytics company StrategyHelix. Increasing demand from emerging application markets, growing need for high-quality products in this low-tolerance industry, technology enhancements are expected to boost the market growth in the coming years. The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the material testing equipment market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

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Global Nondestructive Testing Equipment Market 2021

Nondestructive testing (NDT) is a testing and analysis technique used by industry to evaluate the properties of a material, component, structure or system for characteristic differences or welding defects and discontinuities without causing damage to the original part. The global nondestructive testing equipment market in terms of revenue is set to grow by US$ 12 billion during 2021-2027, growing at a compound annual growth rate (CAGR) of 8.1% during the forecast period, according to data and analytics company StrategyHelix. Increase in oil & gas and power generation projects, stringent regulations mandating safety, increase in need for extending the life of obsolete infrastructure are the driving forces for improvements and developments in the NDT industry. The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the nondestructive testing equipment market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

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Global Welding Equipment & Consumables Market 2021

Welding is a fabrication process whereby two or more parts are fused together by means of heat, pressure or both forming a join as the parts cool. The bulk of materials that are welded are metals and their alloys, although the term welding is also applied to the joining of other materials such as thermoplastics. The global welding equipment & consumables market in terms of revenue is set to grow by US$ 5 billion during 2021-2027, growing at a compound annual growth rate (CAGR) of 4.3% during the forecast period, according to data and analytics company StrategyHelix. Expansion in process industries and manufacturing activities, growth in automotive & construction industry, and increase in global energy infrastructure investment are expected to boost the market growth in the coming years. The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the welding equipment & consumables market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

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Global Automated Guided Vehicle Market 2021

Automatic guided vehicles (AGVs) are autonomous vehicles used to transport materials or accomplish specific tasks in many different industrial settings. AGVs are most commonly used in large factories to move materials from one place to another and have, in many cases, replaced the need for a human work force to perform certain tasks. The global automated guided vehicle market in terms of revenue is set to grow by US$ 4 billion during 2021-2027, growing at a compound annual growth rate (CAGR) of 18.5% during the forecast period, according to data and analytics company StrategyHelix. electrical & electronics is the most significant revenue contributor in the global automated guided vehicle market. The region is expected to witness significant developments in the automated guided vehicle market. Rapid growth in e-commerce and the emergence of flexible manufacturing systems, rising demand for automation, increased emphasis on workplace safety, technological advancements in the field of automated material handling systems are the key factors driving market growth. The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the automated guided vehicle market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

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