Wood chipper machines market to grow and registered global market value of US$ 302.4 Mn in 2017 and anticipated to exhibit a growth with a CAGR of 2.3% from 2018 to 2026. Wood chipper machine or wood chipper reduce tree trunks and small branches into smaller woodchips and sawdust.
Woodworking machines market is set to exhibit a considerable growth from US$ 4.23 Bn in 2017 to US$ 5.85 Bn in 2026 growing at a steady CAGR of 3.7% throughout the forecast period from 2018 to 2026. Several end-use industries including furniture, craft, building construction, and marine among others extensively use wood in different forms. Woodworking machines are the medium that is used to cut, process, shape and assemble wood into purposeful final products for the aforementioned industries. Woodworking claims a considerable share for more than 60% in the global furniture industry having market value of more than US$ 400 Bn.
Rubber Diaphragm market expected to grow at a CAGR of 4.2% from 2018 to 2026 and reach US$ 11.42 Bn in 2026. A diaphragm is defined as a flexible barrier that spans the gap between a moving and stationary units/members. The basic function of diaphragm is to prevent fluid interchange between two separated chambers.
The global industrial hose market was valued at US$ 10.75 Bn in 2017 and expected to expand at a CAGR of 4.8% during the forecast period from 2018 to 2026. Booming construction and real estate industry due to economic stability is one of the prominent factors driving demand for industrial hoses worldwide.
Roller chain drives has become an inseparable part of every modern manufacturing and processing industries. Although manufacturing industries are the biggest consumer of roller chain drives, these drives are also extensively used for several other end-use industries including transportation & logistics, construction & mining and agricultural equipment among others. Chain drives are considered as one of the most efficient power and motion transmission drives as they are capable of delivering with almost 99% efficiency.
Odor control systems market value expected to hit US$ 4,070.5 Mn by 2026, expanding with a CAGR of 3.6% during the forecast period from 2018 to 2026. Principally governed by Asia Pacific, odor control systems market majorly driven by rising regulations for environmental protection by several governing bodies.
Industrial manufacturing and processing across several products witnessing a more sophisticated and organized approach by incorporating material handling equipment. The equipment is used to sort, transport, orient and handle material used during a production or storage process quickly and effectively. Owing to these properties almost every industry is approaching to make material handling equipment as a part of their production line.
Humans are producing more waste than ever and hence reducing the volume of waste has become an utmost necessity to reduce the landfills. The volume reduction can be done efficiently with the help of industrial shredders. Consequently, industrial shredders market registered market value of US$ 809.7 Mn in 2017.
Even though simple in construction and operation, flow meters serves one of the most important functions of measuring flow across several industries dealing with liquid and gases. Technological evolution is making flow meter more intelligent and giving an edge to flow meter beyond their traditional functions.
The development journey of plasma cutting machines is quite significant since its first introduction in the 1950s. As a non-conventional machining process, plasma cutting is one of the most widely used machining processes fro different conducting metals and allows across variety of industries.
Since the early bronze age, metal joining process has been one of the most important and inseparable fragment of metal work. Among the several methods, riveting made a special place in permanent fastening and still has no replacement for several end-use applications such as construction of heavy structures and tanks & boilers vessels. Riveting is reliable fastening process and hence, the demand for preventing machines are observing a steady growth over decades and is not expected to cease for years to come.
The global explosion proof equipment market expected to expand at a CAGR of 7.3% during the forecast period from 2018 to 2026. The anticipated growth in demand for explosion proof systems can be largely credited to their widespread adoption among oil & gas, energy & mining, and industrial manufacturing verticals.
Stone crushing equipment market expected to hit the global market value of US$ 4.5 Bn in 2026 and accounted to demonstrate the promising growth with a steady CAGR throughout the forecast period. Stone crushing industry proved as vital industrial sector across the world, involved in producing crushed stone of various sizes subject to the requirement.
As a significant role to play, bending machines never lost their edge from metal forming and shaping processes. However, bending machines went through a lot of evolution since their first introduction in their mechanical version. Bending machines have grown more sophisticated and accurately automated machines, unlike the conventional hydraulic or pneumatic, powered. Consequently, the demand for modern bending machines is gaining momentum from past few years.
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