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According to a recent Fact.MR study, over 1,900 units of marine shaft power meter are likely to be sold in 2019. Growth of the marine shaft power meter market can be attributed to various factors including

Resurgent growth in the construction sector since the past years coupled with increasing construction activities and infrastructure development continue to remain instrumental in driving sales of construction equipment, in turn influencing sales of undercarriage components worldwide e. Growing technological advancements in earth moving equipment to meet the increasing demand for new construction projects has significantly fueled the demand for durable and efficient undercarriage components since the past years. Fact.MR envisages that the demand for undercarriage components is projected to expand at a steady rate at a CAGR of 3.2% throughout the period of assessment, 2018-2028. Sales of undercarriage components by the end of the year of forecast is estimated to cross US$ 10,800 Mn, says the report.

Fact.MR has announced the addition of the “ Automotive Switches Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028"report to their offering.

The equipment trends over the past few years depict the success of compact track loaders to be an exceptional one. These versatile and cost-effective loaders have persistently ruled in the compact equipment industry on the backdrop of their efficacy to work in all seasons. Compact track loaders have successfully overpowered wheeled skid-steer loaders in terms of sales volume. Yet, the manufacturers operating in equipment machinery industry aren't predicting the downfall of skid steers any time soon. While a few customers are still observed purchasing skid steers for catering the traditional skid steer applications, others are preferring compact track loaders for strength and robustness in certain applications

In its latest market study, Fact.MR predicts that the lavatory service vehicles market will envisage healthy growth at a 5.0% volume CAGR during the period 2018-2028. According to the study, lavatory service vehicle sales in the Asia-Pacific region excluding Japan (APEJ) will nearly double during the forecast period. The Fact.MR report sheds light on all the salient factors bolstering the sales of lavatory service vehicles in emerging markets, as air traffic has surged with increasing discretionary income of consumers in developing nations.

Developments in road infrastructure and increasing demand for paved roads continue to influence sales of soil compaction machines. Highways and roads being a key facet of infrastructure sector in an economy, their construction becomes an imperative aspect. This factor is likely to remain instrumental in driving the demand for construction equipment such as soil compaction machines. Fact.MR foresees that the demand for soil compaction machines is projected to expand at a CAGR of 4.1% in terms of volume during the period of forecast, 2018-2028. Albeit a steady growth rate, demand for soil compaction machines is expected to translate into sales volume of more than 370,000 units by end of the assessment period, envisages Fact.MR.

Fact.MR has announced the addition of the “ Automotive Gear Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028"report to their offering.

The pedelec market will surpass US$ 26 billion to record a healthy 3.1% y-o-y in 2019, reveals the latest market report published by Fact.MR. The study finds that consumer mindset inclined towards adopting sustainable modes of transportation will provide a fillip to growth of the pedelec market in the upcoming years. The study thoroughly assesses growth parameters of the pedelec market to provide actionable insights for market players to plan salient business strategies for the coming future.

Fact.MR has announced the addition of the “Fillers and Coating Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2027"report to their offering.

The adoption of the cloud has increased tremendously in the recent years and is expected to grow rapidly in the forecast period. The increasing preference of businesses on cloud-based architecture and high return on investment are major factors driving the adoption of cloud. This has also driven a large number of companies to adopt cloud-based services to attain high flexibility and scalability to execute their operations.  These cloud-based services collectively are called as Everything-as-a-Service.