The global skid steer loader market size was valued at USD 2.44 billion in 2017 and is expected to exhibit a CAGR of 3.3% from 2017 to 2025. Availability of technologically advanced equipment and growing online services are expected to drive the market in the coming years. U.S. citizens are focusing on maintenance of their gardens and yards for their own enjoyment as well as for raising value of their home. Furthermore, clean and well-kept property is easier to sell as it helps in achieving a high sales price than a property that is poorly maintained.
The Indian tiling adhesives and grouts market is expected reach a value of USD 68.5 million by 2017. It is anticipated to expand at a CAGR of 8.7% from 2017 to 2024. Increasing standard of living, disposable income of the Indian customers and high preference for aesthetics, enriched with good quality construction chemicals are anticipated to propel market growth.
The global formwork market size was valued at USD 5.17 billion in 2016 driven by a significant emphasis on development of the construction sector owing to its major contribution to the economy. High spending on infrastructure development by various governments is also expected to augment demand for formwork structures in the forthcoming years. Formwork structures and its support (falsework) used in construction industry are made of various raw materials, such as timber and plywood, steel, aluminum, and plastic.
The global nuclear air filtration market size was estimated at USD 97.7 million in 2017. It is anticipated to reach USD 118.2 million by 2025. Market growth is primarily driven by rising demand from a number of nuclear power plant and reactor construction projects across various regions, such as North America and Asia Pacific. Additionally, increasing capacity of existing power plants in countries such as U.S., Finland, and Spain will boost the demand in near future. High energy demand on account of growing population coupled with increasing share of nuclear energy in the global energy matrix is also anticipated to drive the expansion of this industry.
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.
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.
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.
The global heat treating market is an amalgamation of operations involving heating, holding, and cooling of metal in the solid state for the purpose of obtaining a particular desirable surface modification or metallurgical properties. The market is projected to grow over the forecast period owing to wide range of applications in various industry verticals. Heat treatment is used to achieve surface hardening, increase ductility and softness, obtain fine grain size, improve cutting properties of tool steels, and improve electrical and magnetic properties.
The global pneumatic conveying systems market size was estimated to be worth USD 22.11 billion in 2016 and is likely to be driven by the rising demand for robust and advanced material handling equipment
The global safety helmets market size was estimated to be USD 2.1 billion in 2016 and is expected to grow over the forecast period driven primarily by the growth of the construction, mining, and manufacturing sectors.
The global hydraulic pump market size was estimated to be USD 7,894 million in 2016 and is expected to grow over the forecast period driven primarily by the growth in mobility and industrial market
The Compressed Air Treatment Equipment Market size is projected to expand at a CAGR over 6.3 % over the forecast period (from 2016 to 2024). The industry can reach more than USD 11 billion by 2024.
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 7% over the forecast period of 2016 to 2024. Pleated filters are effective, efficient, cost-effective and finest filtration technologies in terms of emission levels, operating pressure, energy efficiency and overall cost.
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.
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.