Global Multifamily Modular And Prefabricated Housing Construction Market

Laboratory automation systems refer to the use of instruments to carry out laboratory tasks with a minimum of human involvement. Clinical laboratories operate more efficiently because of laboratory automation, which helps to standardise tests. The main equipment and software of laboratory automation systems are automated liquid handling, microplate readers, standalone robots, automated storage and retrieval systems, software, informatics, and other equipment. The microplate reader is an instrument that is used to measure biological, chemical or physical reactions of analytes within the wells of the microplate. The various types include modular automation, total lab automation that is used in applications such as drug discovery, clinical diagnostics, genomics solutions, proteomics solutions, and other applications. The end users covered in this market are biotechnology and pharmaceutical industries, research institutes, hospitals, private labs, and academic institutes. The laboratory automation systems market research report is one of a series of new reports from The Business Research Company that provides laboratory automation systems market statistics, including laboratory automation systems industry global market size, regional shares, competitors with a laboratory automation systems market share, detailed laboratory automation systems market segments, market trends and opportunities, and any further data you may need to thrive in the laboratory automation systems industry. This laboratory automation systems 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. The global laboratory automation systems market grew from $5.87 billion in 2022 to $6.21 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The laboratory automation systems market is expected to grow from $7.43 billion in 2027 at a CAGR of 4.6%. Increased demand for microbiology testing and standardization of sample-collection devices for microbiology culture has driven the adoption of automated laboratory systems for culture-based laboratory testing in clinical microbiology. Culture-based microbiology laboratory testing by manual methods is being replaced by automated methods with the help of total laboratory automation. For instance, popular systems such as Becton Dickinson’s Kiestra TLA, Copan’s WASPLab, and others enable total laboratory automation (TLA) for culture-based microbiology testing. The potential to affect laboratory efficiency, turnaround time, and the overall quality of culture-based microbiology testing, is driving the automated laboratory systems market growth. The laboratory automation systems market growth is limited due to a severe shortage of skilled and trained healthcare professionals for operating the advanced laboratory equipment which requires specialized skillsets. These skillsets are limited to some hospitals, research organizations, and medical equipment companies in the USA and Europe, this is expected to be a major restraint on the market. 40% of the healthcare industry was facing difficulties in hiring process development staff due to a shortage of talent. According to the American Society for Clinical Pathology (ASCP) survey, average job-vacancy rates exceed 50% in some states. This shortage also led to a rise in competition and salaries for the limited talent pool available, thereby further limiting the market growth. The hospital laboratories are increasingly adopting RFID technology for laboratory automation systems due to its better productivity and product quality reduced costs for technology, error reduction, faster delivery of samples, and reduced human intervention. Radio Frequency Identification (RFID) technology is an automatic system of identification based on wireless communication, consisting of a tag and a reader which can communicate through radiofrequency. RFID technology is similar to bar code technology but is more beneficial as it can perform some additional functions and actions automatically without human intervention than bar code technology. An RFID system is equipped with a transponder, transceiver, and a data processing unit to meet enhanced identification and tracking requirements in hospital laboratories. Laboratory automated systems use RFID tags attached with patient samples for identification and smart cards to store patients’ data under a workstation that monitors the process in the laboratory. For instance, Mayo Clinic, a healthcare company, adopted RFID-enabled laboratory automation systems to minimize errors by 70%, maximize efficiency and patient safety, and reduce specimen turnaround time by 50%. Food and Drug Administration (FDA) Center for Devices and Radiological Health (CDRH) is responsible for technologies, devices, medical or surgical equipment, support systems, and laboratory instruments, systems, and equipment. FDA sent a device recall notice to enGen Laboratory Automation System, a medical device manufacturer, for its product-enGen Track System with TCAutomation Software Version 4.2. This recall acts as a product correction notification as a laboratory system with TCA Software V4.2 may potentially cause a delay in reporting of results, aid mechanical problems, and inaccurate patient data. To reduce incidences associated with these devices and let the manufacturer communicate and inform about the instructions on how to monitor and correct the issue if it has occurred to the potentially affected enGen customers, the device recall has been made. In March 2021, SPT Labtech, a UK-based automated instrumentation manufacturer, acquired BioMicroLab for an undisclosed amount. The acquisition would strategically expand product offerings of SPT Labtech in the fields of life sciences sample mangament. BioMicroLab is a US-based robotics automation provider for life sciences laboratories. Major players in the laboratory automation systems market are Tecan Group, Perkinelmer, Thermo Fisher Scientific, Agilent Technologies, Danaher, Qiagen, Roche, Abbott, Siemens, and Eppendorf. North America was the largest region in the laboratory automation systems market in 2022. Western Europe was the second largest region in the global laboratory automation systems market. The regions covered in the global laboratory automation systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the laboratory automation systems market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The laboratory automation systems market consists of sales of clinical laboratory machines, equipment, and instruments. 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 global laboratory automation systems market is segmented - 1) By Equipment & Software: Automated Liquid Handling, Microplate Readers, Standalone Robots, Automated Storage And Retrieval Systems, Software And Informatics, Other Equipment 2) By Application: Drug Discovery, Clinical Diagnostics, Genomics Solutions, Proteomics Solutions, Other Applications 3) By End User: Biotechnology And Pharmaceutical Industries, Research Institutes, Hospitals And Private Labs, Academic Institutes 4) By Type: Modular Automation, Total Lab Automation

Industrial control refers to electronic control systems that can control, monitor, and automate industrial processes with high precision, improved product quality, and reliability. The main types of control systems of industrial controls are distributed control systems (DCS), supervisory control and data acquisition system (SCADA,) and manufacturing execution system (MES). A distributed control system (DCS) is a platform for automated plant or industrial process control and operation. Human -machinerface (HMI), logic solvers, historian, common database, alarm management, and a common engineering suite are all combined into a DCS. The various component used includes modular terminal block relays and optocouplers, surge protectors, marking systems, printing, ferules cable lugs, handtools, testers, enclosure products, PCB connectors, and terminals, heavy-duty connectors, analog signal coconditionerselectronics housings, power supplies, industrial ethernet, and Remote IO. Industrial controls are used by automotive, utility, electronics and semiconductors, mining, and other end-users. The industrial controls market research report is one of a series of new reports from The Business Research Company that provides industrial controls market statistics, including industrial controls industry global market size, regional shares, competitors with an industrial controls market share, detailed industrial controls market segments, market trends and opportunities, and any further data you may need to thrive in the industrial controls industry. This industrial controls 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. The global industrial controls market size will grow from $136.82 billion in 2022 to $145.76 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global industrial controls market size is expected to grow to $179.89 billion in 2027 at a CAGR of 5.4%. The growth of manufacturing industries, especially in developing economies is expected to support the growth of the industrial controls market. Industrial controls are monitor and automate industrial processes with high precision, improved product quality, and reliability. For instance, in April 2022, according to Goldman Sachs, a US-based investment banking company, the Indian manufacturing sector had growth of 210% in the fiscal year 2021–2022, compared to the fiscal year 2020–21, as well as a substantial increase in new investment and ordering activity post the pandemic. Compared to 2019–20, the manufacturing sector saw a 460% increase in 2021–22. Similarly, in March 2022, according to the United Nations Industrial Development Organization (UNIDO), an Austrian based agency that assists in economic and industrial development, global manufacturing production increased by 9.4% in 2021. Thus, the growth of manufacturing industries will support the growth of the industrial controls market. The industrial controls market is expected to be aided by rapid growth in investments in smart city projects in many countries globally. Industrial controls are being designed using artificial intelligence (AI) and the internet of things (IoT) that can support energy, telecommunications, surveillance, and other services. Smart city technologies are integrated with electrical and electronic components, thereby benefitting the companies operating in this market. According to the Indian Brand Equity Foundation (IBEF) report in March 2021, India-based government agency for providing economic information, the government of India announced the investment of $ 28.31 billion for the "Smart City Mission" in 2020 and additionally, by 2020, 176,059 crores (US$ 24.31 billion), or 86% of the total, will have been offered to complete projects. For instance, more than 1,000 smart city pilot projects are either ready for or are under construction globally and around 500 of these projects are in China. Malicious cyber-attacks due to a lack of security in industrial infrastructure are acting as a restraint on the industrial controls market. Industrial controls are increasingly being integrated with connected sensors and integrated data systems making them vulnerable to cyber-attacks. For instance, 156 tornado alarm systems in the US city of Dallas were hacked forcing authorities to shut down the emergency system. OEMs are increasingly outsourcing product design and development processes to EMS partners to reduce overall costs and shift from fixed costs to variable costs. Some OEMs are collaborating with EMS partners and moving into new business models such as joint design manufacturing (JDM) and outsourced design manufacturing (ODM). JDM model is further divided into high touch JDM and low touch JDM. ODM model focuses on qualification and system integration testing, thus indicating a shift in the industrial controls manufacturing process. In September 2020, Dover Corporation, an American conglomerate manufacturer of industrial products, acquired XanTec Steuerungs- und EDV-Technik (Maag) for an undisclosed amount. The acquisition enhances Maag’s automation solutions offering with internet of things-enabled technology and positions Maag to grow its presence in aftermarket, remote service, and monitoring solutions for the polymer processing industry and related markets. XanTec Steuerungs- und EDV-Technik (Maag), is a Switzerland-based provider of integrated and customizable process technology solutions for the polymer, chemical, petrochemical, pharmaceutical, and food industries. Major players in the industrial controls market are ABB Ltd., Mitsubishi Electric Factory Automation, Siemens, Honeywell International Incorporation, Emerson Electric Company, Schneider Electric SA, Omron Corporation, Rockwell Automation, Yokogawa Electric Corporation, and Endress+Hauser.  Asia-Pacific was the largest region in the industrial controls market in 2022. Western Europe was the second-largest region in the global industrial controls market. The regions covered in the global industrial controls market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial controls market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The industrial controls market consists of sales of supervisory control & data acquisition system (SCADA), distributed control system (DCS), manufacturing execution system (MES), and other industrial controls. 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 global industrial controls market is segmented - 1) By Control system: Distributed Control System (DCS), Supervisory Control & Data Acquisition System (SCADA), Manufacturing Execution System (MES) 2) By End User: Automotive, Utility, Electronics & Semiconductor, Mining, Other End Users 3) By Component: Modular Terminal Block, Relays and Optocouplers, Surge Protectors, Marking Systems, Printing, Ferulles Cable Lugs, Handtools, Testers, Enclosure Products, PCB Connetors and Terminals, Heavy Duty Connectors, Analog Signal Conditioner, Electronics Housings, Power Supplies, Industrial Ethernet, Remote IO

Single-family modular and prefabricated housing construction is the process of building, altering, repairing, improving, or demolishing any single-family residential building or structure developed off-site using the same resources and constructing the same codes and specifications as conventionally designed structures but in about half the time. The main types of single-family modular and prefabricated housing construction are permanent and relocatable houses. A partially or fully assembled building that is created at a building manufacturing facility employing a modular construction technique and meets applicable codes or state standards is referred to as relocatable home construction. Relocatable buildings are intended to be reused or repurposed several times before being transferred to new construction locations. The different materials include steel, wood, concrete, and others and are used in residential, commercial, and industrial applications. The single-family modular and prefabricated housing construction market research report is one of a series of new reports from The Business Research Company that provides single-family modular and prefabricated housing construction market statistics, including single-family modular and prefabricated housing construction industry global market size, regional shares, competitors with a single-family modular and prefabricated housing construction market share, detailed single-family modular and prefabricated housing construction market segments, market trends and opportunities, and any further data you may need to thrive in the single-family modular and prefabricated housing construction industry. This single-family modular and prefabricated housing construction 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. The global single-family modular and prefabricated housing construction market size will grow from $45.08 billion in 2022 to $47.17 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global single-family modular and prefabricated housing construction market size is expected to grow to $56.76 billion in 2027 at a CAGR of 4.7%. The significant focus on cost savings is a key factor driving the growth of the single-family modular and prefabricated housing construction market. Modular design can minimise project deadlines by as much as 50% and costs by 20%. They lead to increased productivity and lower employment expenses associated with purchasing units along a production line. According to a report on modular construction in Europe and the US, the modular market value in new real-estate construction is expected to reach $130 billion by 2030, delivering an annual cost saving of $20 billion. Therefore, the significant cost savings are expected to drive the growth of the single-family modular and prefabricated housing construction market. The risks associated with transportation are a key factor impacting the growth of the single-family modular and prefabricated housing markets. As modules are prefabricated in a factory away from the worksite, they must either be transported specifically to the construction site or assembled in a surrounding venue and then set up. The transporters and operators must be extremely cautious with each module. If one fails during transportation, the entire module may require major repairs or replacements. So, it is necessary for transport and rigging businesses to make a serious effort to trace the routes and plan the mechanics to transfer the modules along their path. For instance, a construction project in Philadelphia had modular units arrive, positioned, and set relatively smoothly, but the interior drywall was cracked due to the raising of the modules. Implementation of Building Information Modeling (BIM) in modular construction is an emerging trend in the single-family modular and prefabricated housing construction market. Building Information Modeling (BIM) is a revolutionary technique for designing, building, and managing construction models. This 3D model-based technology provides a digital representation of a building's physical and functional qualities. The technology enables all parties engaged in the built asset's creation and lifespan management to share data and collaborate. During the pre-construction phase, BIM provides specialists with a 3D picture of the structure. It allows specialists to detect potential incompatibilities in mechanical, electrical, and plumbing (MEP) systems and address them at an early stage. For instance, in October 2021, AGACAD, a Lithuania-based software company, launched Panel Packer based on 3D technology. In Autodesk Revit, Panel Packer is a sophisticated tool for organising the sorting, packing, and loading of prefabricated construction components. In January 2020, GS Engineering & Construction (E&C), a South Korea-based construction company, acquired Danwood S.A. from Enterprise Investors for a deal amount of $155 million. Through this acquisition, GS E&S planned to enter the European modular housing market by utilising the strength, networks, and technology of Danwood. Danwood S.A. is a Poland-based company that specialises in the construction of timber-framed houses. Major players in the single-family modular and prefabricated housing construction market are Red Sea Housing Services, Skanska AB, Bouygues Construction, ACS Actividades de Construcción y Servicios SA, Lindal Cedar Homes Inc., Kiewit Corporation, Balfour Beatty PLC., Taisei Corporation, System House R & C Co. Ltd., Larsen & Toubro Limited. Asia-Pacific was the largest region in the single-family modular and prefabricated housing construction market in 2022. Eastern Europe is expected to be the fastest-growing region in the global single-family modular and prefabricated housing construction market during the forecast period. The regions covered in the global single-family modular and prefabricated housing construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the single-family modular and prefabricated housing construction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The single-family modular and prefabricated housing construction market includes revenues earned by entities by residential structures, residential project construction management firms, and residential design-build firms. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. 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 global single-family modular and prefabricated housing construction market is segmented - 1) By Type: Permanent, Re-locatable 2) By Material: Steel, Wood, Concrete, Other Materials 3) By Application: Residential, Commercial, Industrial

3D printing building construction is the process of building, altering, repairing, improving, or demolishing any structures or buildings using 3D print technology. 3D printing is a computer-controlled sequential layering of materials to form three-dimensional shapes. It is particularly beneficial for prototyping and the production of geometrically complex components. The main types of 3D printing building construction are modular and full-building. Modular building entails generating standardised structural components in an off-site factory and then assembling them on-site. The processes used are extrusion, powder bonding, and others, and the materials used are concrete, plastic, metal, hybrid, and others. 3D printing building construction includes residential, commercial, and industrial construction. The 3D printing building construction market research report is one of a series of new reports from The Business Research Company that provides 3D printing building construction market statistics, including 3D printing building construction industry global market size, regional shares, competitors with a 3D printing building construction market share, detailed 3D printing building construction market segments, market trends and opportunities, and any further data you may need to thrive in the 3D printing building construction industry. This 3D printed building construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global 3d printing building construction market grew from $0.03 billion in 2022 to $0.11 billion in 2023 at a compound annual growth rate (CAGR) of 247.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The 3d printing building construction market is expected to grow to $4.03 billion in 2027 at a CAGR of 146.3%. The capability to build complex structures within a stipulated time for a reasonable cost is a major factor driving the demand for 3D printing in the building construction market. 3D printing building construction is cost-effective, saves time, provides more precision, is safe, cuts labour costs, is environmentally friendly, and easily helps build complex building structures. 3D printing in construction is economical in terms of material usage when compared with the traditional manufacturing process. Moreover, 3D printing reduces labour costs by 50%–80%, production time by 50%–75%, and construction waste by 30%–60%. Therefore, the economic benefits offered by 3D printing construction are expected to significantly boost the market's growth. A high initial capital investment requirement is anticipated to impact the growth of the 3D printing building construction market over the coming years. The high cost of 3D printers and their maintenance is a major challenge for industry players. According to Winsun 3D Builders, a 3D printing construction company, the high initial investment of 3D concrete printers is currently at a level that requires high capital and decent construction projects in order to support small and medium-sized companies to overcome the capital requirements for expansion and growth. The requirement of high initial capital to set up the process is expected to hinder the growth of the 3D printing building construction market in the forecast period. Increasing flexibility in 3D printing operations using artificial intelligence technology (AI) is a major trend shaping the growth of the 3D printing building construction market. In October 2022, Luyten 3D, an Australia-based building and construction company providing 3D printing launched Platypus X12 concrete printer, an AI-powered mobile concrete 3D printer for application in the building and construction industry. It is one of the world’s largest printers and flexible to transform in size of 12 x 6 mobile crane in 20 minutes, which helps in expanding its capability to print large-scale structures. It has the capabilities of integrating acoustic and optical-based artificial intelligence for data-driven concrete printing. Moreover, the printer has an anti-clogging head that is patented. In May 2022, India Cements, a company engaged in manufacturing cement, collaborated with Tvasta Manufacturing Solution, a start-up providing 3D printing for construction industry. Through this collaboration, India Cements and Tvasta would conduct research and development (R&D) and exchange technology to create new raw material formulations for 3D printing applications and provide support to major projects to create affordable and time-efficient housing solutions. Tvasta Manufacturing Solution was founded in 2016 and is focused in leveraging robotics in 3D printing platform. Major players in the 3D printing building construction market are XtreeE, Winsun (Yingchuang Building Technique), Skanska, Apis Cor, Al build, Branch Technology, Zhuoda Group, Cazza Construction Company, Contour Crafting Corporation. Asia-Pacific was the largest region in the 3D printing building construction market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global utility system construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the utility system construction market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The 3D printing buildings construction market includes revenues earned by entities by constructing 3D printing buildings. The 3D printing buildings construction work performed includes new work, additions, alterations, maintenance, and repairs. The 3D printing building is constructed using a 3D printer machine that deposits material or concrete layer by layer. These are particularly used for prototyping or building complex components. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. 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 global 3d printing building construction market is segmented - 1) By Construction : Modular, Full Building 2) By Process: Extrusion, Powder Bonding, Other Processes 3) By Printing Material: Concrete, Plastic, Metal, Hybrid, Other Materials 4) By End User : Residential , Commercial, Industrial

A relay is defined as an electromagnetic switch that opens or closes a circuit to regulate the flow of electricity in single or multiple circuits controlled by one signal. Industrial control refers to electronic control systems that can control, monitor, and automate industrial processes. The main control systems of relay and industrial control are distributed control systems (DCS), supervisory control & data acquisition systems (SCADA), and manufacturing execution systems (MES). A distributed control system (DCS) is a platform for automated plant or industrial process control and operation. Human-machine interface (HMI), logic solvers, historians, common database, alarm management, and a common engineering suite are all combined into a DCS. The various component used are modular terminal blocks, relays, optocouplers, surge protectors, marking systems, printing, ferules cable lugs, hand tools, testers, enclosure products, PCB connectors and terminals, heavy-duty connectors, analog signal conditioners, electronics housing, power supplies, industrial ethernet, and remote IO. Relay and industrial control are used for automotive, industrial, communications, household appliances, and other applications. The relay and industrial control market research report is one of a series of new reports from The Business Research Company that provides relay and industrial control market statistics, including relay and industrial control industry global market size, regional shares, competitors with a relay and industrial control market share, detailed relay and industrial control market segments, market trends and opportunities, and any further data you may need to thrive in the relay and industrial control industry. This relay and industrial control 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. The global relay and industrial controls market size will grow from $143.36 billion in 2022 to $152.59 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global relay and industrial controls market size is expected to grow to $188.65 billion in 2027 at a CAGR of 5.4%. The relay and industrial control manufacturing market is expected to be supported by rapid growth in investments in smart city projects in many countries globally. Industrial controls are being designed using artificial intelligence (AI) and the internet of things (IoT) that can support energy, telecommunications, surveillance, and other services. Smart city technologies are integrated with electrical and electronic components, therefore benefitting the companies operating in this market. According to the International Data Corporation (IDC) 2019, the global spending on smart city initiatives will total nearly $124 billion in 2020 and increase by 18.9% over 2019 spending. The smart cities concept is also increasingly being adopted in developing nations. For instance, more than 1,000 smart city pilot projects are either ready or are under construction globally and around 500 of them are in China. High power consumption by relays and the presence of alternatives such as optocouplers (opt-isolators) is a major restraint on the relay and industrial control market. Relays are used to turn on or turn off a circuit electronically or electromechanically. Relays pose a problem in cases where power consumption needs to be kept minimum. For instance, to switch on a small LED light, the power consumed by the relay could be more than the power consumed by the light. Also, PV solar systems may require larger solar panels and batteries to compensate for the excess power consumption by relays. This increases costs and limits the usage of relays in such applications. Plug-in relays are increasingly being used in the automotive sector due to their light weight compared to electromechanical relays. These relays can handle high-rated current and operating voltage similar to that of electromechanical type relays. Plug-in relays are being used in automobile applications such as electrically heated catalytic converters, heater controls, windscreen wipers, motors and pumps, and body electronics, such as door locks, seat controls, window lifters, and others. For instance, Omron’s plug-in automotive relays that range from 20A to 70A are used in automotive applications such as artery motors, heater controls, windscreen wipers, and any applications that require high continuous current switching. In January 2022, TE Connectivity, a Swiss-based technology company, acquired Phoenix Contact Group (GEIS) for an undisclosed amount. The acquisition expands TE's relay portfolio for the factory automation, elevator, and rail markets by adding a single-pole, force-guided offering. Phoenix Contact Group is a Germany-based component and systems manufacturer for connectivity solutions. Major players in the relay and industrial control market are ABB Ltd., Siemens, Honeywell International Incorporation, Emerson Electric Company, Schneider Electric SA, Mitsubishi Electric Factory Automation, Omron Corporation, Rockwell Automation, Yokogawa Electric Corporation, and Fuji Electric. Asia-Pacific was the largest region in the relay and industrial control market in 2022. North America was the second-largest region in the global relay and industrial controls market. The regions covered in the global relay and industrial controls market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the relay and industrial control market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The relay and industrial control market consists of sales of PCB power relays, signal relays, plugin relays, rheostats industrial controls, pushbutton, selector, and pilot switches, and other relay and industrial controls. They are used in various industries such as the military, industrial automation, mining, electronics, and semiconductors. 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 global relay and industrial controls market is segmented - 1) By Application: Automotive, Industrial, Communications, Household Appliance, Other Applications 2) By Control system: Distributed Control System (DCS), Supervisory Control & Data Acquisition System (SCADA), Manufacturing Execution System (MES) 3) By Component: Modular Terminal Blocks, Relays & Optocouplers, Surge Protectors, Marking Systems, Printing, Ferulles Cable Lugs, Handtools, Testers, Enclosure Products, PCB Connectors & Terminals, Heavy Duty Connectors, Analog Signal Conditioner, Electronics Housing, Power Supplies, Industrial Etherne, Remote IO

The modular uninterruptible power supply (UPS) is a device where each module in modular UPS is embedded with hardware and software required for autonomous operation. In modular uninterruptible power supply (UPS) each module is provided with critical components and thereby eliminating the weak points. Through decentralized static bypass switches and controls, modular UPS systems eliminate single points of failure. The main types of products in modular uninterruptible power supply (UPS) are online or double-conversion, line-interactive and off-line or standby. Modular online or double conversion UPS systems provide continuous power to critical loads by sorting and transferring incoming utility power to DC power, which is then converted to a perfect AC output from the inverter. The power capacities in modular UPS systems vary from 0-50kVA, 51-100kVA, 101-300kVA, and 301-and above kVA. These systems are implemented in various verticals such as data centers, industries, telecommunications, commercial, BFSI, government and others. The modular uninterruptible power supply (UPS) market research report is one of a series of new reports from The Business Research Company that provides modular uninterruptible power supply (UPS) market statistics, including modular uninterruptible power supply (UPS) industry global market size, regional shares, competitors with a modular uninterruptible power supply (UPS) market share, detailed modular uninterruptible power supply (UPS) market segments, market trends and opportunities, and any further data you may need to thrive in the modular uninterruptible power supply (UPS) industry. This modular uninterruptible power supply (UPS) 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. The global modular uninterruptible power supply (UPS) market size grew from $3.56 billion in 2022 to $3.99 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The modular uninterruptible power supply (UPS) market size is expected to grow to $5.68 billion in 2027 at a CAGR of 9.3%. An increasing number of data centers is contributing to the modular uninterruptible power supply (UPS) market growth. The upcoming and existing data centers are being provided with modular UPS systems to attain higher standardization, greater flexibility, and expandability. Data centers are also being assisted with modular UPSs for ensuring continuous and reliable power supply and support of the systems during power outrage. For instance, in 2020, Amazon bought 100 acres in Virginia, the USA to build data centers, Iron Mountain is constructing three buildings in 40 acres near Phoenix, USA. According to a survey conducted by Turner & Townsend, in 2020, 85% of the survey respondents believed that data construction demand in 2021 will be more than it was in 2020. Therefore, the increasing number of data centers is expected to propel the growth of the modular uninterruptible power supply (UPS) market. The modular uninterruptible power supply (UPS) manufacturers are developing innovative products to meet the future infrastructure development trend and demand from modular data centers. For instance, in January 2021, Huawei, a China-based provider of information and communication technology (ICT) and smart devices launched next-generation of large- and medium-sized UPS5000-H series products which are part of the ultra-high density UPS series. The modular UPS has a high-capacity configuration of a 1Mmega watt power cabinet with the installation of 10 modular UPS 100KW@ 3U in one cabinet. In March 2021, Eaton Corporation PLC., an Ireland-based company involved in offering power management systems acquired Tripp Lite for an undisclosed amount. The acquisition by Eaton Corporation PLC. is focused on expanding its product offering and business presence in computing and distributed IT portfolio, and single-phase UPS sector. Tripp Lite is a US-based provider of power quality products and connectivity solutions including single-phase uninterruptible power supply systems, rack power distribution units, surge protectors, and enclosures for data centers. Major players in the modular uninterruptible power supply (UPS) market are ABB, Eaton, Schneider Electric, Huawei , Delta Electronics, AEG Power Solutions, Vertiv, Emerson Electric, Rittal, Toshiba International Corporation (TIC), Gamatronic, and Tripp-Lite. North America was the largest region in the modular uninterruptible power supply (UPS) market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the modular uninterruptible power supply (UPS) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the modular uninterruptible power supply (UPS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The modular uninterruptible power supply (UPS) market consists of sales of online or double-conversion uninterruptible power supply (UPS), line-interactive uninterruptible power supply (UPS) and off-line or standby uninterruptible power supply (UPS). 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 global modular uninterruptible power supply ups market is segmented - 1) By Product Type: Online Or Double-Conversion, Line-Interactive , Off-line Or Standby 2) By Power Capacities: 0 – 50 kVA, 51 – 100 kVA, 101 – 300 kVA, 301 and Above kVA 3) By End-User: Data Centers, Industrial, Telecommunication, Commercial, BFSI, Government, Other End-Users

A modular kitchen is also referred to as modern kitchen furniture that consists of a furniture layout with modules of cabinets, which hold kitchen commodities. It facilitates the effective usage of kitchen spaces which are fitted together with symmetry to create whole functional furniture with proper segmentation. The main types of modular kitchens are floor cabinets, wall cabinets, and tall storage. Floor cabinet refers to base cabinet that generally sits on the floor and which usually gives support to the countertops. and is used for good storage, aesthetics, and for many functionalities. The various designs of a modular kitchen are L-shape, U-shape, parallel, straight, and island. Modular kitchens are made from different types of raw materials, including lacquered wood, wood sheets and melamine, metals, high-pressure laminates, and others (glass, acrylic, etc.). Modular kitchen products are sold through online and offline distribution channels. The modular kitchen market research report is one of a series of new reports from The Business Research Company that provides modular kitchen market statistics, including modular kitchen industry global market size, regional shares, competitors with a modular kitchen market share, detailed modular kitchen market segments, market trends and opportunities, and any further data you may need to thrive in the modular kitchen industry. This modular kitchen 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. The global modular kitchen market size grew from $22.17 billion in 2022 to $23.04 billion in 2023 at a compound annual growth rate (CAGR) of 3.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The modular kitchen market size is expected to grow to $27.34 billion in 2027 at a CAGR of 4.4%. The rapid growth in the residential construction industry is significantly contributing to the growth of the modular kitchen market. The growing number of real estate projects and the increase in demand for space-saving homes are helping the modular kitchen market grow. For instance, the US construction industry is estimated to grow by 8.7% between 2020-2025. Also, according to the US Census Bureau and the US Department of Housing and Urban Development, in December 2021, there were 1,873,000 building permits granted while the number of housing completions stood at 1,295,000. Therefore, the rapid growth in the residential construction industry is driving the modular kitchen market. Technological advancement and automation is the key trend being followed by the companies operating in the modular kitchen industry. For instance, in May 2021, RTA Outdoor Living introduced a new modular outdoor kitchen system (MOKS) that allows customers to choose designs and place ready assembled outdoor kitchen. The other concepts that are being incorporated are the introduction of technology and automation for the worktop, chimney, and other key areas such as eco-friendliness (anti-bacterial kitchens) as a key focus area of the modular kitchen. In November 2021, The TTK Prestige Company, an India-based manufacturer of kitchen appliances, and cookware, under the Prestige brand, acquired a 51% stake in Ultrafresh Modular Solutions (UMSL) for a deal amount of $4 million. This acquisition would engage in the business of modular kitchens and kitchen appliances having 85 franchise outlets across India. TTK Prestige will be able to utilize the network of Ultrafresh and enhance the reach of Prestige products in new households. Ultrafresh Modular Solutions (UMSL), is an Indian-based modular kitchens and kitchen appliances company, established in 1992. Major players in the modular kitchen market are Nobilia GB Ltd., Hafele GmbH & Co KG, Hettich Group, IFB Industries, Häcker Küchen GmbH & Co. KG, LINEADECOR, Snaidero Cucine, Bulthaup, Boston Cabinets Inc., Pedini, SieMatic, Spacewood, V3 ENGINEERS, Timbor Home, Godrej and Boyce Mfg., Lispo Total Kitchen Solution, and Meine Kuche. Europe was the largest region in the modular kitchen market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the modular kitchen report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the modular kitchen market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The modular kitchen market consists of sales of kitchen spaces, cabinets and storage spaces. 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 global modular kitchen market is segmented - 1) By Design: L-Shape, U-Shape, Parallel, Straight, Island 2) By Product: Floor Cabinet, Wall Cabinet, Tall Storage 3) By Raw Material: Lacquered Wood, Wood Sheets and Melamine, Metals, High-Pressure Laminates, Other Raw Materials (Glass, Acrylic) 4) By Distribution Channel: Offline (Contractors, Builders), Online

The precast construction refers to a technology that consists of various precast elements and some customized elements which are standardized and designed for stability market. It consists of the large panel, frame, slab-column system with the shear wall, erection sequence, beams, and others. The main structure type of precast construction is beam & column system, floor & roof system, bearing wall system, and facade system. Beam & column systems are horizontal and vertical components that support double tees, hollow-core, solid slabs, and occasionally other beams and columns that are used to hold up beams and spandrels. These precast constructions are applied in modular and manufactured homes. These precast constructions are used by residential, and non-residential users. The precast construction market research report is one of a series of new reports from The Business Research Company that provides precast construction market statistics, including precast construction industry global market size, regional shares, competitors with a precast construction market share, detailed precast construction market segments, market trends and opportunities, and any further data you may need to thrive in the precast construction industry. This precast construction 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. The global precast construction market size grew from $135.22 billion in 2022 to $144.36 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The precast construction market size is expected to grow to $184.51 billion in 2027 at a CAGR of 6.3%. The growth in urbanization and industrialization is expected to propel the precast construction market. The rise in income of the middle class leads to discretionary spending and a change in consumption patterns, generating demand for construction and thus opportunities for the precast construction industry. The share of the urban population has increased to 56.2%, which leads to an increase in demand for construction services that offer high-quality construction while saving time and resources. According to the India Brand Equity Foundation (IBEF), in April 2022, the infrastructure sector had become the Government of India's primary focus. India intends to spend $1.4 trillion on infrastructure between 2019 and 2023 to ensure the country's long-term development. Therefore, the increase in infrastructure and construction is leading to a growth in urbanization and industrialization, which drives the precast construction market. Sustainable construction techniques are a key trend that is gaining popularity in precast construction. The construction industry consumes a lot of natural resources. However, with the growing threat of climate change and finite natural resources, construction firms are under increasing pressure to reduce their environmental impact. The improvement of efficiency and assurance of sustainable development in construction depends on the broader application of progressive technologies, Government regulations, controlling cost, materials, and modern methods of sustainable construction techniques. For Instance, In November 2021, in a report published by Dodge Construction network, there is an estimated increase in the use of green products and systems across various construction categories. Furthermore, an elevated level of growth is expected in the next three years (2024) among those who plan to do more than 60% of their green projects. In 2021, Cementos Molins, a Spain-based building material company specializing in marketing, distribution, and manufacturing of cement through its subsidiary Precon, acquired Pretersa Prenavisa for an undisclosed amount. This acquisition will boost Cementos Molins' expansion in precast concrete solutions in Spain, Portugal, and France, which will expand the company's offering of innovative and sustainable building solutions while also boosting its presence in these countries. Pretersa-Prenavisa is a Spain-based construction company that is dedicated to the design, manufacture and assembly of precast concrete infrastructure. Major players in the precast construction market are CRH plc, Bouygues Construction, Larsen & Toubro Limited, Taisei Corporation, Balfour Beatty plc, Kiewit Corporation, Laing O’Rourke, Julius Berger Nigeria PLC., Red Sea Housing Services, ACS Group, Elematic, LafargeHolcim, Coltman Precast Concrete Limited, and Cemex S.A.B. de C.V. Asia-Pacific was the largest region in the precast construction market in 2022 and is also expected to be the fastest-growing region in the forecast period. The regions covered in precast construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the precast construction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The precast construction market includes revenues earned by entities by building and designing substantial buildings that can manage loads better by avoiding the need for additional columns and beams. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. 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 global precast construction market is segmented - 1) By Structure System: Beam & Column System, Floor & Roof System, Bearing Wall System, Facade System 2) By Construction Type: Modular, Manufactured Homes 3) By End User: Residential, Non-residential