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Indian firms to spend Rs 1 trillion on maintenance capex

Corporates are likely to show an unwillingness to invest in long-term projects due to muted demand and significant leverage, despite a low interest rate environment, says Priyanka Poddar.Read more

Geofencing market to grow at 27.5% CAGR to 2022

The global geofencing market size is expected to grow from USD 542.7 million in 2017 to USD 1,825.3 million by 2022 at a CAGR of 27.5% driven by the technological advancementsRead more

Industrial coatings market to reach USD 50.47 billion by 2021

Growing usage of industrial coatings in general industrial applications, as well as automotive sector is all set to escalate the industrial coatings market. The global industrial coatings market is estimated to grow at a CAGR of 5.0 per cent during the forecast period and will reach USD 50.47 billion by 2021. Additionally, growing emphasis on renewable energy facilities also drives the usage of industrial coatings. Read more

Pumps And Valves: Growing At a Steady Clip

Assurance about growth is like music to the ears. So is the case with the Indian pumps and valves industry. According to Frost and Sullivan, the compounded annual growth rate (CAGR) for the pumps and valves industry would be between 15-17% for the next five years. The pump industry is growing at the rate of 15% per year. The organised sector size is around Rs 2,500 crore and the unorganised is around Rs 2,500 crore.Read more

Gas generator market to grow 8.01 per cent CAGR by 2021

The latest trend gaining momentum in the market is emerging alternative backup power equipment. Generators have been in use as auxiliary power equipment for a long time in residential households. However, the emergence and growing popularity of alternative backup power equipment will have a negative impact on the global gas generator market, especially the portable gas generator segment.Read more

HVAC equipment market to grow at 4.9 per cent CAGR by 2021

July 2017 – The latest trend gaining momentum in the HVAC equipment market is rise in incorporation of building automation systems. BAS control and monitor HVAC systems that are incorporated in buildings. BAS are embedded with digital communication tools that allow enhancing energy efficiency in these systems.Read more

Industrial valves market growing at a CAGR of 3.60 per cent

The industrial valves market for the oil and gas industry is expected to account for the largest market share by 2023 as a result of increasing oil and gas projects, replacement of structurally obsolete valves, and continuous increasing demand from oil and gas industries from emerging economies.Read more

SiC market offers growth at a CAGR of 17.4 per cent during 2017 to 2022

Pune, India, May 2017 /PRNewswire/ – The silicon carbide has entered the growth phase and is expected to grow further in the coming years. The market is expected to be worth USD 617.4 million by 2022, at a CAGR of 17.4 per cent between 2017 and 2022. Read more

Chatbots market growing at a CAGR of 35.2 per cent during 2016 to 2021

Pune, India, May 2017 – Chatbots market size grows from USD 703.3 million to USD 3,172.0 million, at a CAGR of 35.2 per cent from 2016 to 2021, due to the strong need to understand consumer behavior, adoption of cloud-based technology, and proliferating demand of intelligent customer engagement.Read more

Data integration market growing at a CAGR of 13.7 per cent during 2017 to 2022

Pune, India, May 2017 /PRNewswire/ – Data integration market size is estimated to grow from USD 44 billion to USD 12.24 billion, at a CAGR of 13.7 per cent from 2017-2022. Read more

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