Machinery and Equipment Industry News & Updates
The global cooling towers market size is projected to reach USD 3.76 billion by the end of 2026. The increasing industrialization across the world will bode well for the market in the coming years. According to a report published by Fortune Business Insights, titled “Cooling Towers Market Size, Share & Industry Analysis, By Type (Wet […]
The global heating, ventilation, and cooling (HVAC) system market size is projected to reach USD 191.35 billion by 2026, exhibiting a CAGR of 5.7% during the forecast period. Soaring demand for high energy-efficiency rated HVAC units will play a key role in driving the growth of the market, shares Fortune Business Insights™ in its report, […]
The global soft services facilities management market size is projected to touch USD 635.13 billion by 2026, exhibiting a CAGR of 5.2% during the forecast period. Rising government-backed investments in building smart cities will play a crucial role in the growth of this market, according to the Fortune Business Insights™ report, titled “Soft Services Facilities Management Market […]
The global automated forklift trucks market is likely to gain momentum from the rising implementation of Industry 4.0. It consists of the integration of physical and cyber systems, internet of systems, and internet of things (IoT). It is further aiding in the enhancement of the complete production process that is upsurging productivity and enabling persistent manufacturing. Apart […]
The global mobile crane market size is anticipated to reach USD 22.34 billion by 2026 owing to increasing investments in the construction and shipbuilding sectors. This is further attributable to the rapid urbanization and the rise in the number of import and export facilities. Mobile cranes are used for lifting heavy objects and move them for short […]
The global milling machine market is set to gain traction from the rising demand for minimizing wastage and lowering the cost from various industries. These machines require very less production time and deliver superior quality products. This information is provided by Fortune Business Insights™ in a recently published report, titled, “Milling machine Market Size, Share & Industry […]