Machinery Coverage

Metal Injection Molding Market Definition

Metal injection molding (MIM) is a manufacturing process that combines the versatility of plastic injection molding with the strength and integrity of wrought metals. This advanced technique involves mixing finely powdered metal with a binder material to create a "feedstock" that is then shaped and solidified using injection molding machines. The metal injection molding market consists of sales, by entities (organizations, sole traders or partnerships), of products obtained through metal injection molding, that is used across various industries to produce precise, complex parts that are difficult or cost-prohibitive to manufacture with traditional metalworking techniques.

Industrial Air Filtration Market Definition

Industrial air filtration refers to the process of removing particulate matter, contaminants and pollutants from the air in industrial settings to improve indoor air quality, protect equipment and ensure a safe and healthy work environment. This process involves the use of specialized air filtration systems, equipment and technologies designed to capture and remove airborne particles and pollutants generated by industrial processes, machinery and operations. The industrial air filtration market consists of sales, by entities (organizations, sole traders and partnerships), of industrial air filtration products that are used for systematic removal of pollutants, including particulate matter, gases and volatile compounds, from the air within industrial environments.

Vacuum Valve Market Definition

A vacuum valve, also known as a vacuum control valve or vacuum regulator, is a device used to control the flow of gases or fluids within a vacuum system. These valves are essential components that help control the flow of air and gases in vacuum applications. Different types of vacuum valves are available, such as angle, inline, ball and gate valves, each serving specific functions within a vacuum system. The vacuum valve market consists of sales of vacuum valves that refer to a device mounted in a supply or exhaust line of a vacuum system. Vacuum valves serve multiple functions within a vacuum system, including isolating chambers, controlling gas flow rates, regulating pressure levels and allowing or preventing the passage of gases or fluids.

Hygienic Pumps And Valves Market Definition

Hygienic pumps and valves are specialized equipment designed to meet strict hygiene standards for the processing and handling of sensitive materials, particularly in industries where cleanliness and sterility are paramount. These components are critical in managing the flow of liquids and gases in a manner that prevents contamination, ensuring the safety and integrity of the end products. The hygienic pumps and valves market consists of sales, by entities (organizations, sole traders and partnerships), of hygienic pumps and valves that are constructed with materials and features that prevent contamination, ensure product integrity and facilitate easy cleaning and sterilization processes.

Flexographic Printing Machine Market Definition And Segments

A flexographic printing machine, also known as a flexo press or flexo printer, is a high-speed printing press used in the printing industry for medium to long print runs, especially in label and packaging production. It utilizes flexible photopolymer printing plates to transfer images onto various surfaces efficiently. This printing technology finds widespread application across different sectors, including packaging (for labels, corrugated boxes, and flexible packaging), newspapers, magazines, and various product labeling needs due to its versatility, speed, and capability to print on diverse substrates. The main types of flexographic printing machines are stack press, in-line press, unit common impression cylinder press, and other types. The stack press is a flexographic printing machine that arranges its printing units vertically, allowing for efficient color changes and maintenance. By technology, the market is divided into semi-automatic and automatic machines with printable substances such as polyethylene, paper, and other printable substances. By application, it encompasses labels, packaging, print media, and other applications. The flexographic printing machine market covered in this report is segmented – 1) By Type: Stack Press, In-line Press, Unit Common Impression Cylinder Press, Other Types 2) By Technology: Semi-Automatic, Automatic 3) By Printable Substance: Polyethylene, Papers, Other Printable substances 4) By Application: Labels, Packaging, Print Media, Other Applications The flexographic printing machine market size has grown strongly in recent years. It will grow from $0.69 billion in 2023 to $0.72 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to advancements in printing technology, cost-effectiveness, increasing demand for packaging, environmental concerns, globalization, and market expansion. The flexographic printing machine market size is expected to see strong growth in the next few years. It will grow to $0.90 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to digitalization and industry 4.0 integration, customization and personalization demands, sustainability initiatives, and emerging markets. Major trends in the forecast period include hybrid printing solutions, increased automation, and robotics, focus on operational efficiency, expansion of applications, development of sustainable inks and substrates, and integration of IoT and connectivity.

Increasing Packaging Industry Is Driving Growth In The Flexographic Machines Market

The growing packaging industry is expected to propel the growth of the flexographic machines market going forward. Packaging refers to designing, producing, and distributing materials and containers for enclosing, protecting, and delivering products to consumers. The packaging industry is growing due to the rapid rise of e-commerce, changing consumer preferences, and health and safety concerns. Flexographic machines print on various packaging materials, such as paper, cardboard, plastic films, and flexible packaging materials. For instance, in August 2022, according to the Flexible Packaging Association (FPA), a US-based industry association representing manufacturers and suppliers in the flexible packaging industry, the packaging industry in the U.S. increased from $34.8 billion in 2020 to $39 billion in 2021. Therefore, the increasing packaging industry is driving the growth of the flexographic machines market. Major companies operating in the flexographic printing machine market are Bobst Group SA, Star Flex International, Shanghai Printyoung International Industry Co., Ltd., Wenzhou Daba Machinery Co., Ltd., BFM S.r.l., Paper Converting Machine Company (PCMC), Koenig & Bauer Flexotecnica S.p.A., UTECO Converting S.p.A., Comexi Group Industries S.A.U., Mark Andy Inc., MGI Digital Graphic Technology S.A., Nilpeter A/S, Rotatek S.A., Karlville Development LLC, Edale Limited, OMET S.r.l., Labelmen Machinery Co., Ltd., Polygraph Limited, Advanced Vision Technology Ltd. (AVT), ETI Converting Equipment Inc., MBO Postpress Solutions GmbH, SPS Technoscreen Ltd., TRESU Group, Orthotec LLC, Pamarco Global Graphics

Technological Advancement In Response To Customer Demand

Major companies operating in the flexographic printing machine market are focusing on developing Flat-top dot technology, such as nyloflex FTV Digital plate, to strengthen their position in the market. nyloflex FTV Digital plate is backed with Flat-top dot technology printing method that produces uniform and consistent ink dots with flat, level surfaces, enhancing print quality and detail. For instance, in March 2023, XSYS, a US-based company that specializes in the flexographic printing industry, launched the nyloflex FTV Digital plate for high-end flexible packaging, developed with inherent flat-top dot technology and a smooth plate surface, designed for flexographic printing on film substrates with solvent inks. It offers exceptional print quality with fine highlight dots optimized for bank and LED exposure. The new formulation reduces plate swelling, resulting in less waste and more extended durability on the press. It achieves high consistency and repeatability, is suitable for optional surface screenings, and is compatible with ThermoFlexX Woodpecker patterns and LED UV-A light technology.

Oasis Flower Plant For Plastic Enhances Printing Capabilities With Acquisition Of Comexi F2 MB Flexographic Press

In September 2022, Oasis Flower Plant for Plastic, a Saudi-Arabia-based provider of PET preforms and HDPE closures, acquired Comexi F2 MB flexographic press for an undisclosed amount. With the acquisition, Oasis Flower Plant for Plastic aimed to elevate its printing capabilities and fulfill the varied needs of its clientele, with a particular focus on the beverage sector. Comexi is a Spain-based printing machine manufacturer that offers technologies for flexible packaging printing, including flexographic printing, offset printing, and digital printing. Asia-Pacifica was the largest region in the flexographic printing machine market in 2023 The regions covered in the flexographic printing machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the flexographic printing machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The flexographic printing machine market consists of revenues earned by providing services such as corrugated packaging, cartons, and flexible packaging services. The market value includes the value of related goods sold by the service provider or included within the service offering. The flexographic printing machine market also includes sales of water-based inks, solvent-based inks, and energy-curable inks. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The flexographic printing machine market research report is one of a series of new reports from The Business Research Company that provides flexographic printing machine market statistics, including global market size, regional shares, competitors with market share, detailed market segments, market trends, opportunities, and any further data you may need to thrive in the flexographic printing machine industry. This flexographic printing machine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Precision Turned Product Manufacturing Market Definition And Segments

Precision turned product manufacturing refers to the process of creating precise and intricate components through the use of turning machines, which remove material from a workpiece to produce the correct form, size, and finish. It is often performed using computer numerical control (CNC) machines, which precisely control cutting tool movement to provide accurate and consistent results. The main types of precision turned product manufacturing are automatic screw machines, rotary transfer machines, computer numerical control (CNC), and lathes or turning centers. Automatic screw machines refer to precision machining tools that automate the process of manufacturing turned parts. It can be operated by manual operation or CNC (computerized numerical control) operation, and it is used by several end users, including automobiles, electronics, defense, and healthcare. The precision turned product manufacturing market covered in this report is segmented – 1) By Type: Automatic Screw Machines, Rotary Transfer Machines, Computer Numerically Controlled (CNC), Lathes Or Turning Centers 2) By Operation: Manual Operation, CNC Operation 3) By End User: Automobile, Electronics, Defense, Healthcare The precision turned product manufacturing market size has grown strongly in recent years. It will grow from $96.51 billion in 2023 to $102.97 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to increasing demand for high-precision component, globalization and outsourcing, innovation in materials, emphasis on cost efficiency. The precision turned product manufacturing market size is expected to see strong growth in the next few years. It will grow to $134.34 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to demand for sustainable manufacturing, rapid prototyping, additive manufacturing, supply chain resilience, regulatory compliance and Industry standards. Major trends in the forecast period include digital transformation, additive manufacturing Integration, customization and personalization, reshoring and localization.

Impact Of Growing Aerospace Industry On The Precision Turned Product Manufacturing Market

The growing aerospace industry is expected to propel the growth of the precision-turned product manufacturing market going forward. The aerospace industry refers to the sector involved in the design, manufacturing, and maintenance of aircraft, spacecraft, and related systems. The aerospace industry is experiencing growth due to increasing global investments in military aircraft and defense systems to enhance national security and respond to evolving threats. Precision-turned product manufacturing is used to produce high-quality components with tight tolerances essential for safety and performance in aerospace systems. Precision-turned products improve aerospace systems' overall efficiency and functionality, enabling smoother operation, fuel efficiency, and decreased maintenance requirements. For instance, in November 2022, according to a report published by the Aerospace Industries Association, a US-based trade association, aerospace industry revenue in 2021 grew by 2.1% to $892 billion, while aerospace and defense exports increased by 11.2% to $100.4 billion between 2020 and 2021. Therefore, the growing aerospace industry is driving the growth of the precision turned product manufacturing market. Major companies operating in the precision turned product manufacturing market are Stanley Black & Decker Inc., Parker Hannifin Corporation, Doosan Corporation, Sandvik AB, NSK Ltd., FANUC Corporation, Moog Inc., DMG MORI Co. Ltd., Kennametal Inc., Barnes Group Inc., Gleason Corporation, Haas Automation Inc., Tsugami Corporation, Hardinge Inc., Tompkins Products Inc., Hurco Companies Inc., Tornos Holding AG, Creed Monarch, Greystone of Lincoln, Brother Industries Ltd., Mahr GmbH, Alpha Grainger Mfg, Herker Industries, Hydromat Inc., Swiss Precision Machining Inc.

Introducing Advanced Solutions In Precision Turned Product Manufacturing

Major companies operating in the precision turned product manufacturing market are developing advanced solutions, such as a 2-axis vertical turning lathe, to provide a standard solution for machining and unmatched accuracy. A 2-axis vertical turning lathe, also known as a vertical turret lathe (VTL), is a type of machine tool used for the machining of cylindrical workpieces. For instance, in November 2023, WIDMA Machining Solutions, an India-based manufacturer of metalworking tools, launched the VT850 vertical turning lathe, a precision machining tool used for turning, drilling, and threading operations on large workpieces. The VT850 features heavily ribbed FEA (Finite Element Analysis)-optimized structures made of FG300 cast iron, enhancing rigidity and vibration dampening during operations. This tool is designed to enhance the company's standard product portfolio, improve turnaround time for customers, and ensure consistent performance. Additionally, key features of the VT850 include a double row cylindrical roller bearing, enhancing the spindle’s stiffness and rigidity.

Helio Technologies Expands Precision Manufacturing Portfolio With Acquisition Of Schulte's Precision Manufacturing

In January 2023, Helio Technologies, a US-based industrial manufacturing company, acquired Schulte’s Precision Manufacturing Inc. for an undisclosed amount. Through this acquisition, Helio Technologies aims to broaden their product offerings, strengthen their position in the precision manufacturing sector, and provide profitable engineering services for customer-specific solutions beyond their current product offerings. Schulte’s Precision Manufacturing Inc. is a US-based high-precision specialist in CNC (Computerized Numerical Control) milling, lathe turning, Swiss machining, and assembly. North America was the largest region in the precision turned product manufacturing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the precision turned product manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the precision turned product manufacturing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The precision turned product manufacturing market consists of sales of precision shafts, fasteners, threaded components, hydraulic components. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The precision turned product manufacturing market research report is one of a series of new reports from The Business Research Company that provides precision turned product manufacturing market statistics, including precision turned product manufacturing industry global market size, regional shares, competitors with a precision turned product manufacturing market share, detailed precision turned product manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the precision turned product manufacturing industry. This precision turned product manufacturing market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Robotic Refueling System Market Definition And Segments

Robotic refueling systems refer to automated systems that refuel vehicles or machinery without human interaction, primarily used in industries where efficiency, safety, and precision are critical. This system comprises robotic arms equipped with specialized tools, sensors, and software algorithms to precisely locate and connect fuel nozzles to vehicles or machinery for proper fueling procedures. The main components of robotic refueling system components are hardware and software. Hardware pertains to the tangible components of a computer system or any electronic device. It is focused on enhancing satellite servicing capabilities and facilitating extended deep space exploration missions. It can pump various fuels, including gasoline, natural gas, petrochemicals, and others, and includes several payload-carrying capacities, such as up to 50 kg, 50.01-100.00 kg, and 100.01-150.00 kg. It is used by different end-user industries such as automotive, aerospace, construction, marine and shipping, mining, military and defense, oil and gas, warehouse and logistics, and others. The robotic refueling system market covered in this report is segmented – 1) By Component: Hardware, Software 2) By Fuel Pumped: Gasoline, Natural Gas, Petrochemicals, Other Fuels Pumped 3) By Payload-Carrying Capacity: Up To 50 Kg, 50.01-100.00 Kg, 100.01-150.00 Kg 4) By End User: Automotive, Aerospace, Construction, Marine And Shipping, Mining, Military And Defense, Oil And Gas, Warehouse And Logistics, Other End Users The robotic refueling system market size has grown exponentially in recent years. It will grow from $0.27 billion in 2023 to $0.41 billion in 2024 at a compound annual growth rate (CAGR) of 51.7%. The growth in the historic period can be attributed to surge in robotics demand, growing demand for automation, increased safety concerns, need for efficient fuel dispensation, increase in service centers by robotic refueling system vendors. The robotic refueling system market size is expected to see exponential growth in the next few years. It will grow to $2.20 billion in 2028 at a compound annual growth rate (CAGR) of 52.1%. The growth in the forecast period can be attributed to rise in the production of oil and gas, rising need for enhanced security, increasing demand for minimum-cost operations in mining, rising adoption of autonomous haulage trucks, rapid surge in globalization and industrialization. Major trends in the forecast period include adoption of autonomous technology, product innovations, increasing number of strategic collaborations, technological advancements, incorporation of innovations and modifications in existing products by robotic manufacturers.

Impact Of Oil And Gas Production Growth On The Robotic Refueling System Market

The increase in oil and gas production is expected to propel the growth of the robotic refueling system market going forward. Oil and gas refer to hydrocarbons, naturally occurring substances in rocks in the earth's crust. The increase in oil and gas production is driven by technological innovation, market forces, geopolitical dynamics, and regulatory frameworks that shape the global energy landscape. Robotic refueling systems help minimize downtime by streamlining the refueling process, ultimately enhancing overall productivity in oil and gas production. For instance, according to the Energy Information Administration (EIA), a principal agency of the U.S. Federal Statistical System, in 2023, crude oil production in the United States was an average of 12.4 million barrels per day (b/d) and is forecast to increase to 12.8 million b/d in 2024. Therefore, the rise in oil and gas production is driving the growth of the robotic refueling system market. Major companies operating in the robotic refueling system market are The Boeing Company, Airbus S.A.S, ABB Ltd., Neste Oyj, Fanuc Corporation, KUKA AG, Stäubli Ltd., Plug Power Inc., Scott Technology Ltd., Shaw Development LLC, Husky Corporation, Balyo SA, Imenco AS, Gazpromneft-Aero, Orbit Fab Inc., Aerobotix Inc., Tatsuno Corporation, Stratom Inc., Rotec Engineering B.V., Mine Energy Solutions Pty Ltd., Fuelmatics AB, Autofuel AB, Green Fueling Inc., Wilder Systems Inc., Simon Group Holding

Innovative Solutions In The Robotic Refueling System Market

Major companies operating in the robotic refueling system market are focused on developing autonomous refueling systems such as RAPID to better serve customers with advanced features. RAPID is an autonomous refueling system that enables vehicles or aircraft to refuel without human intervention. For instance, in August 2022, Stratom Inc., a US-based manufacturer of autonomous robotic systems, launched RAPID, an autonomous system for refueling, recharging, and liquid transfer in challenging environments. RAPID is designed for both autonomous and human-operated scenarios. It enables remote operation from a safe distance and eliminates the need for vehicle operators to exit their vehicles during refueling, enhancing efficiency and safety.

Madison Dearborn Partners Acquisition Ignites Strategic Growth For Shaw Development

In October 2023, Madison Dearborn Partners LLC, a US-based private equity firm, acquired Shaw Development for an undisclosed amount. With this acquisition, Madison Dearborn will enhance its presence in the fluid management solutions sector, particularly by focusing on advanced technologies such as robotic refueling systems and expanding its capabilities in robotic refueling systems. Shaw Development LLC is a US-based fluid management systems company providing robotic refueling systems in various industries. North America was the largest region in the robotic refueling system market in 2023. The regions covered in the robotic refueling system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the robotic refueling system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The robotic refueling systems market consists of revenues earned by entities by providing services such installation and integration services, customization and configuration, maintenance and support contracts, remote monitoring and diagnostics, and consulting and advisory services. The market value includes the value of related goods sold by the service provider or included within the service offering. The robotic refueling systems market includes sales of fuel pumps, fuel handling equipment and robotic arms. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The robotic refueling system market research report is one of a series of new reports from The Business Research Company that provides robotic refueling system market statistics, including robotic refueling system industry global market size, regional shares, competitors with a robotic refueling system market share, detailed robotic refueling system market segments, market trends and opportunities, and any further data you may need to thrive in the robotic refueling system industry. This robotic refueling system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Portable Fire Extinguisher Market Definition

A portable fire extinguisher is a piece of equipment designed to extinguish a fire. It functions by releasing an extinguishing agent that cools the fuel, removes or displaces the oxygen, or stops the chemical reaction that causes the fire. This equipment is used for controlling or extinguishing small fires, often in emergency situations. Portable fire extinguishers are essential safety tools found in a variety of settings, including residential, industrial and commercial spaces. They are commonly used to address initial fire outbreaks before they escalate into larger, unmanageable fires, thereby playing a crucial role in fire safety and prevention. The portable fire extinguisher market consists of sales of portable fire extinguishers by entities (organizations, sole traders or partnerships) that manufacture portable fire extinguishers.