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ABB India reaches 5 gigawatt milestone for solar inverters
ABB India has surpassed the 5 GW milestone for the supply of solar inverters in India. From schools to airports, canal tops and mega solar plants, ABB's solar inverters with global technology Made In India power various solar installations across the country. As per market reports, India is set to become the third largest solar market in the world in 2017, expected to touch about 5 per cent of the global solar capacity and ABB India is ready to support this growth.Read 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
Performance elastomers market predicted to reach USD 16.75 bn by 2022
The global market is estimated to grow from USD 11.69 billion in 2017 to USD 16.75 billion by 2022, at a CAGR of 7.5 per cent. Globally, people are opting for the products that deliver outstanding performance and have a long life cycle.Read more
Gates conducted its marketing reach-out program in Tamil Nadu region
To support One India Gates vision 2020, Gates organised 'Reach-out' campaign in July 2017 for Tamil Nadu region. Under this campaign, a roadshow was hosted by Gates team and its authorised distributor India Hydraulics towards channel engagement and empowerment.Read more
Aircraft sensors market to reach USD 2.25 bn by 2022
The aircraft sensors market is projected to grow from USD 1.68 billion in 2017 to USD 2.25 billion by 2022, at a CAGR of 6.01 per cent during the forecast period. Increase in aircraft orders is one of the key factors driving the aircraft sensors market. Read more
ABB motor reaches almost 100 per cent energy efficiency - saves half a million dollars
Tests carried out on a 44 megawatt 6-pole synchronous ABB motor shortly before delivery showed an efficiency 0.25 per cent greater than the 98.8 per cent stipulated in the contract, resulting in the world record for electric motor efficiency. This efficiency improvement could save approximately USD 500,000 in electrical energy costs over the course of a 20-year lifetime for each motor.Read more
Mitsubishi Motors and China joint-venture reaches 5,000,000 units
Tokyo, May 2017 – Mitsubishi Motors Corporation (MMC) announced today that cumulative engine production reached five million units at Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co., Ltd. (SAME), MMC's engine joint-venture in Shenyang, China.Read more