Motor Monitoring Market Receive Fuel Flexibility Boost
The Motor Monitoring Market refers to the industry that provides solutions and services for monitoring the performance, condition, and health of electric motors. Electric motors are widely used in various industrial applications such as manufacturing, energy, automotive, and others, and monitoring these motors is critical to ensure their efficient operation, prevent unexpected failures, and optimize...
Servo Motors and Drives Market Will Escalate Rapidly in the Near Future
The global servo motors and drives market is expected to grow at a CAGR of 5.7% to USD 15.8 billion by 2027, up from an estimated USD 12.0 billion in 2022. The rising trends of automation and Industry 4.0, are improving the productivity and reliability of production processes in industries of various countries is driving the market for servo motors and drives.
The rise in smart manufacturing initiatives...
Cold Plasma Market Dynamics: Identifying Key Trends and Opportunities
The global cold plasma market in terms of revenue was estimated to be worth $1.6 billion in 2021 and is poised to reach $3.3 billion by 2026, growing at a CAGR of 15.0% from 2021 to 2026. This technology has the potential to revolutionize the way we treat a variety of medical conditions, as well as improve industrial processes. As the technology advances, the potential applications of cold plasma...