Industrial Robotics Market: Analysis & Forecast With Upcoming Trends 2027

Henry Jones24 Feb, 2022Technology

From an end-user industry perspective, the automotive sector is one of the most promising sectors for industrial robotics. Currently, several OEMs are using robotic arms in painting, welding, assembly, material removal, part transfer, and machine tending. In fact, in a fully automated setup, the majority of the functions are performed by an industrial robot. Apart from the automotive sector, industrial robotics are widely used in sectors like semiconductor and IT product manufacturing where precision is of key importance.

Industrial Robotics Market Trends Estimates High Demand By 2027

Henry Jones24 Feb, 2022Business

The global industrial robotics market was estimated at USD 68 billion in 2020 and it is anticipated to grow at a CAGR of 14% – 15% from 2020 to 2027. APAC is expected to demonstrate the highest growth rate geographically. China is also the largest market for industrial robotics globally, followed by two other Asian countries; South Korea and Japan. Other major markets for industrial robotics are the US and Germany.

Industrial Robotics Market Trends Estimates High Demand By 2027

Henry Jones24 Feb, 2022Business

Industrial robotics is a robot that is used in manufacturing. Often, they are colloquially called robotic arms. Industrial robots are programmed and automated to do very specific tasks. Usually, they are capable of movement of three or more axes. The most common functions that the industrial robots perform are assembly and handling, cutting and welding, packaging and palletizing, painting, and dispensing. Rising automation trends and industry 4.0 standards are resulting in the requirement of such robotic arms.

Mechanical Electrical and Plumbing Services Market To Set Phenomenal Growth By 2027

Henry Jones24 Feb, 2022Science

The mechanical electrical and plumbing services market in the US was valued at USD 32.8 billion in 2020 and it is expected to grow at a CAGR of 14.2% by 2027. It also holds the highest market share among other geographies. The demand for mechanical electrical and plumbing services in the US will be driven by new construction as well as retrofit and renovation demand.

Mechanical Electrical and Plumbing Services Market To Make Great Impact In Near Future By 2027

Henry Jones24 Feb, 2022Technology

The MEP industry has evolved over the years. Back in the early 2000s, MEP was considered a specialized service offering. However, with the progress in facilities management, the facility management service providers have incorporated elements of mechanical, electrical, or plumbing services so that they can provide a comprehensive package with the added value of MEP services. Additionally, there is the incorporation of software services that help perform diagnostics of the functionalities that MEP services are concerned with.

Mechanical Electrical and Plumbing Services Market Overview, Research & Analysis To 2027

Henry Jones24 Feb, 2022Business

Mechanical electrical and plumbing services in the planning, design, and maintenance of different elements of a building which can be classified under one or more of the headers; mechanical, electrical, and plumbing services. Commonly known as MEP, these services are essential not only during the construction of a building but also during its lifetime. The major services offered under the MEP service provider are maintenance of the HVAC system, installation, and maintenance of electrical lines and power circulation, maintenance of pipes and the plumbing system to ensure proper cleaning and water sanitation.

IT Asset Recovery Services Market – Current Trends And Industry Overview, 2025

Henry Jones23 Feb, 2022Science

The global market for IT asset recovery services was valued at USD 13.4 billion in 2020 and is expected to grow a steady CAGR of 7.9% to reach USD 19.6 billion by 2025. The market can be segmented by the type of device recovered or by service type (for example, de-manufacturing and recycling, remarketing and value recovery, data destruction, sanitation, or recovery, and logistics management and reverse logistics).

IT Asset Recovery Services Market Trends Estimates High Demand By 2025

Henry Jones23 Feb, 2022Business

Once IT equipment reaches the end of its usage for a particular user (not necessarily the end of their lifecycle), the equipment is recovered and re-invested back to the present system. This recovery and re-investment process helps the companies save costs that would have otherwise been spent on procuring surplus equipment. IT asset recovery services, therefore consist of two parts. The first part is where assets are recovered which is also known as asset disposition and the second part is where the asset is used back into the system.

Medical Coveralls Market To Make Great Impact In Near Future By 2027

Henry Jones23 Feb, 2022Health

Woven & non-woven fabric and seam are the major raw materials used for medical coveralls production. The cost of raw material accounted for more than 40% of the overall cost of production. The raw materials should be certified with ISO 16604, EN 14126, ISO 22611, and ISO 22612 certifications. Both mask and body coverall share similar raw material.

Medical Coveralls Market Current Scenario And Future Growth Analysis By 2027

Henry Jones23 Feb, 2022Health

The global medical coveralls market was estimated at ~USD 1.7 billion in 2020 and it is expected to grow at a CAGR of ~6% from 2020 to 2027. The demand for medical coveralls has surged significantly since the outbreak of Covid-19. It is extensively used during the pandemic to shield healthcare employees, such as nurses, doctors, and other medical personnel.

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