The China Air Compressors Market is expected to reach nearly USD 9.6 billion by 2024. It can register a CAGR over 7.5 % during the forecast period (from 2016 to 2024). This is credited to the growth of economic scale and the demand on variety & quantity of air compressors.
The Asia-Pacific air filtration market was valued at over USD 3.4 billion in 2015. It is projected to grow at a CAGR of 8.6% during the forecast period (2016-2024). The industry will reach nearly USD 6.6 billion by 2024.
Projected to grow at a CAGR of almost 6% from 2016 to 2024, industrial air filtration market is expected to grow significantly over the forecast period owing to growing environmental concerns and rapid urbanization.
The global commercial refrigeration equipment market value is expected to exceed USD 40.87 billion by 2024 growing at an estimated CAGR of over 5.6% from 2016 to 2024.
The global fencing market is expected to be valued at approximate USD 24 billion in 2014 and it is projected to grow at an approximate CAGR of 5% over the forecast period of 2016 to 2024.
The global air compressor market is expected to grow at a CAGR of above 4.5% over the forecast period of 2016 to 2024.
North America air conditioner market size is expected to reach USD 52.56 billion by 2020, growing at a CAGR of 9.0% from 2014 to 2020. Increasing awareness among customers regarding energy optimization is expected to drive the market growth over next six years. In established market such as North America, energy efficiency is the primary concern.
Europe industrial air filtration market size is forecast to reach USD 1.69 billion by 2020, growing at a CAGR of over 7% from 2014 to 2020.
The global pleated filters market is expected to grow at a CAGR of above 6% over the forecast period of 2016 to 2024.
Pneumatic Conveyors market is projected to grow at a CAGR of approximately 6% over the forecast period.
Drawers are extensively used for storing things. For a drawer, slides are the most important part acting as a supporting structure without which drawer could not be installed.
A drilling machine is used to create holes in the solid materials such as metals, woods or other materials. Drilling machine has witnessed rising demand in the end-use industries including non-residential and residential sectors.
The global construction equipment rental market was valued over USD 34.00 billion in 2015 and is expected to show significant growth over the forecast period owing to the expansion of the construction industry in Mexico, India, UAE, and Malaysia.
Global building energy management systems (BEMS) market is projected to grow at a CAGR of 13.59% to reach over USD 7 billion by 2024.
With the worldwide nuclear air filtration market estimated to exceed USD 6.7 billion by 2024, the global Nuclear air filtration market is expected to demonstrate evident growth potential over 2016-2024.
Increasing need for energy efficient products is estimated to drive the North America air conditioning systems market over the forecasted period. The market in this region was accounted at USD 28,809.5 million in 2013, and is projected to achieve USD 52,560.7 million by 2020, increasing at a CAGR of 9.20% from 2013 to 2020.
Increased usage across domestic as well industrial applications is expected to positively impact the sand blasting equipment market growth over the next six years. In 2012, the global sand blasting equipment market was valued over USD 330 million. Further, increasing demand from several industries including construction, aerospace and automotive is also expected to be favorable for the market. High investment by key market participants across robotic technology is also expected to propel sand blasting equipment market growth over the next six years.
The rapidly increasing demand for seasonal foods and eatables in off seasons coupled with their hygienity are the major factors driving the global freeze drying equipment market. Dry freezing is a process of dehydration which is also termed as lyophilisation. This process includes the freezing of a product to eliminate the moisture which is followed by the drying process of the product. As the growth of fungi and bacteria is reticent in a moisture free environment, the freeze drying equipment facilitates longer storage of the products.
Construction equipment market has been witnessing strong growth over the last few years on account of increasing demand from construction sector across the globe. Construction equipment demand has been increasing owing to increasing government spending on infrastructure development including residential and non- residential projects in emerging countries such as India, china and Brazil. Continuous growth in infrastructure is anticipated to enhance the application scope of construction equipment.