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Predictive maintenance market to reach $26.5 billion
News November 24, 2023
Predictive maintenance market to reach $26.5 billion
A recent market study shows that the predictive maintenance market is expected to grow from $5.3 billion in 2021 to $26.5 billion by 2028. The market is anticipated to grow at a CAGR of 27.4% from 2022 to 2028.
3D motion capture market to top $670 million by 2032
News November 17, 2023
3D motion capture market to top $670 million by 2032
According to a recent research study, the demand of global 3D Motion Capture System Market size & share was valued at approximately $340 Million in 2022 and is expected to reach $373 Million in 2023 and continue to grow through the decade to reach a value of around $670 Million by 2032.
Equipment leasing survey shows small year to date gains
News November 16, 2023
Equipment leasing survey shows small year to date gains
The Monthly Leasing and Finance Index is a survey of 25 companies representing a cross-section of the $1 trillion equipment finance sector that shows, in near real-time, that the overall new business volume for September was $9.7 billion, down 5 percent year-over-year from new business volume in September 2022.
Company increases R&D for heat pump project
News November 14, 2023
Company increases R&D for heat pump project
Worksport Ltd. announced that its subsidiary, Terravis Energy, Inc.. has increased R&D for its Cold Climate Residential Heat Pump, which is also a cooling product, due to expected large-scale growth in the North American and global markets.
Robot market to grow to more than $230 billion by 2030
News November 10, 2023
Robot market to grow to more than $230 billion by 2030
The robot market, in terms of revenue, was estimated to be worth $74.10 billion in 2022 and is poised to reach $231.48 billion by 2030, growing at a CAGR of 15.3% from 2022 to 2030 according to a new report published by The Insight Partners.
What will be the manufacturing trends in 2024?
News November 8, 2023
What will be the manufacturing trends in 2024?
Rising costs and supply chain disruptions are rated top concerns by over 50% of manufacturers surveyed for a new report of North American manufacturers. Automation leads to 30% higher revenue growth in face of rising costs and supply chain disruption.

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