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Showing posts from February, 2021

Global Conveyor System Market to Roll on till 2022 Owing to Optimization of Internal Processes in Warehouses

  Conveyor systems are mechanical systems able to transport materials within the factory premises from one location to another. They are popular in mining, manufacturing, material handling, and packaging industries due to being handy in transporting sharp items and mass-produced items. Market Research Future (MRFR) estimates projections on growth and revenue on the global conveyor systems market for the period of 2016 to 2022 (forecast period). The COVID-19 pandemic and its impact have been included in the full report. Market Scope The global conveyor systems market is anticipated for fabulous growth over the forecast period owing to applications in various end-use industries. Rise in factory automation and massive construction projects can drive the market demand till 2022. Emphasis on physical distancing and need for safe handling of materials within company premises can drive the demand for conveyor systems. Rapid industrialization and inclination of ecommerce firms towards conv

Global Construction Equipment Market to Witness Increasing Demand Due to the Spurring Rise in Construction Industries| Global Trends, Business Overview, Challenges, Opportunities and Forecast to 2022

  The global construction equipment market is witnessing continual growth. This growth attributes to heavy investments in infrastructure development projects. Besides, the objective of accommodating smart commercial and residential buildings drives the growth of the market. Moreover, increasing numbers of smart city projects escalate the market growth exponentially. According to Market Research Future (MRFR), the global construction equipment market is projected to cross USD 200 BN valuation by 2022, growing at 8% CAGR during the assessment period (2016 – 2022).   The adoption of innovative and technologically advanced construction equipment allows colossal traction. Moreover, the increasing population in urban areas create strong market demand. Over the last decade, construction firms have grown enormously. Innovations in construction equipment have assured a promising fortune for the construction industry, reducing labor and time. Additionally, rising uses of construction equipme

Sustainable Policies to Drive Global Modular Construction Market| Global Trends, Business Overview, Challenges, Opportunities and Forecast to 2023

  Modular construction is the development of buildings done offsite under controlled conditions with the help of prefabricated elements. It adheres to same building codes by other real estate developers and can be constructed in half the time. The global modular construction market report by Market Research Future (MRFR) covers insights and challenges on the industry for the period of 2017 to 2023 (forecast period). The COVID-19 pandemic and its effects are covered in the report. Market Scope The global modular construction market is expected to reach a market size of USD 154.8 million by the end of the forecast period at CAGR of 5.95%. The pressure to increase productivity and emphasis on lowering workplace injuries can drive the market demand. Regular monitoring of construction activity for high quality of finished buildings and demand for wooden structures in Europe can bode well for the market. The COVID-19 pandemic had a negative impact on the construction industry owing to

MRFR Assess COVID 19 Impacts on the Global Elevators Market| Global Trends, Business Overview, Challenges, Opportunities and Forecast to 2022

  The global elevators market is garnering substantial traction. The market growth attributes to the highest standards set by key manufacturers in elevator and escalator innovation, efficiency, safety, and comfort. Besides, the continually increasing pressure for optimization of resources and energy drives the development of the market. Moreover, constant innovation in technology, upgrades of manufacturing plants, and the expansion of manufacturing sectors worldwide accelerate the growth of the market. According to Market Research Future (MRFR), the global elevators market is projected to grow at an exponential CAGR throughout the review period (2016 -2022). Elevators have become a crucial aspect across all applications, whether residential, commercial, or industrial. Rapid urbanization and the changing construction industry foster the growth of the market. Rapid technological transformation in the construction sector has become one of the major growth drivers for the overall elevato