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The global Automated Guided Vehicle (AGV) market size was estimated at USD 1.12 billion in 2016. The European AGV expected to witness a significant growth over the forecast period primarily driven by increasing demand for material handling equipment and rapid adoption of automation in European manufacturing industries is expected to drive the market growth over the forecast period.The increasing demand for automated process, for material handling application in warehouses, distribution facilities, and automobile assembly centers, is anticipated to boost the industry growth over the forecast period. Read More »
The global automotive metal stamping market size was valued at USD 70.42 billion in 2015. The industry is majorly predisposed to consumption trends of metal in all end-use segments. The use of lightweight metals such as aluminum to enhance the fuel efficiency of the vehicle is expected to drive the demand for stamping technology in the automotive industry.Major aspects driving the industry comprises machining capabilities of manufacturers and lean manufacturing methods used to reduce wastage during the stamping process. Read More »
The global quality management software (QMS) market is anticipated to reach USD 13.94 billion by 2025, according to a new report by Grand View Research, Inc. The market is ... Read More »
The global ceramic matrix composite (CMC) market size is projected to reach USD 6.86 billion by 2025, according to a new report by Grand View Research, Inc., exhibitin... Read More »