CMI Latest Insights

  The global Security Robot Market is estimated to be valued at US$ 11.8 billion in 2022 and is expected to exhibit a CAGR of 12.87% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Security robots are autonomous machines designed to enhance security and surveillance activities. These robots are equipped with advanced technologies, such as artificial intelligence, machine learning, and computer vision, to perform various security tasks efficiently. The need for improved security measures and the increasing adoption of automated security systems in various end-use industries are driving the demand for security robots. Security robots offer numerous advantages over traditional security measures. They can be deployed in hazardous environments, providing real-time monitoring and threat detection without risking human lives. These robots can patrol large areas consistently and can be programmed to follow pre...

  The progressing cavity pump market has emerged as a significant player in diverse industries, from oil extraction to wastewater treatment. Progressing cavity pumps, known for their ability to pump fluids at a steady rate, regardless of viscosity or pressure, have seen a surge in demand due to their efficiency and versatility. According to Coherent Market Insights, The global Progressing Cavity Pump Market was valued at US$ 1,360.7 Mn in 2021 and is forecast to reach a value of US$ 1,695.7 Mn by 2028 at a CAGR of 3.3% between 2022 and 2028. The rise in the progressing cavity pump market can largely be attributed to the growing oil and gas industry. The extraction of oil, particularly from unconventional sources such as oil sands or shale, necessitates robust pumping solutions, making progressing cavity pumps the ideal choice. Further, the growing emphasis on wastewater treatment globally has also propelled the progressing cavity pump market. These pumps play a critical role in ha...

  Piling Machine Pile driving machines are used in the construction of ports and harbors to construct foundation structures that can withstand the forces of water and waves. These machines also help in constructing roads and bridges to support heavy loads. According to Coherent Market Insights, The global Piling Machine market is estimated to be valued at US$ 1,309.0 million in 2021 and is expected to exhibit a CAGR of 6.5% over the forecast period (2021-2028). Pile foundations are one of the most popular methods for building strong, stable structures. They are especially suited for situations where the soil has an insufficient load-bearing capacity. There are many different types of piles, including concrete, steel, and wood. Piles can be installed by driving or drilling. The former involves hammering the pile into the ground, whereas this method can limit the size of the pile and cause damage to surrounding soil and construction areas. A piling Machine is used to drive piles int...

Refractories Market The Refractories Market, which serves as a critical component in high-temperature industries, is experiencing a dynamic shift driven by emerging trends. In this blog, we will explore the key insights and analysis of the latest developments shaping the Refractories Market. By understanding these trends, industry professionals, investors, and stakeholders can make informed decisions and capitalize on opportunities. One of the prominent trends in the Refractories Market is the increasing demand for sustainable solutions. With a growing focus on environmental consciousness and regulatory compliance, manufacturers are investing in eco-friendly and energy-efficient refractory materials. Recycled refractories, lightweight variants, and alternative raw materials are gaining traction due to their ability to deliver optimal performance while reducing carbon footprints. The adoption of sustainable refractories not only aligns with environmental goals but also presents cost-s...

Gas Leak Detector Market   Gas detectors detect the presence of various gases in the air and are used to protect people from being poisoned or killed by toxic gases, and are frequently used as part of a safety system. A petrol detector can alert operators in the area where the leak is occurring, giving them time to leave. Generally, Gas detectors are recognized as fire alarms or carbon monoxide detectors. Leak detectors, also known as sniffers, are a type of instrument that is specifically designed to detect small leaks in enclosed gas systems. In industrial or commercial settings, the use of pressurized gases in pipelines and vessels is very common. Gas leak detection offerings are primarily required for health purposes. Combustible gases have the potential to start fires or cause explosions in homes and workplaces, injuring living beings.  Long-term exposure to petrol leaks can also cause health problems. Some petrol leaks are even deadly in silence. The growing oil and ...

The global digital manufacturing market is predicted to grow at a CAGR of 16.5 percent from 2021 to 2030. The use of a computer system to create or construct items is known as digital manufacturing. It employs technologies such as computer-aided design (CAD), computer-aided modelling (CAM), the Internet of Things (IoT), and big data analytics. Digital manufacturing offers benefits like increased productivity, higher quality, lower operating costs, and less repetitive work. The COVID-19 outbreak had a mixed impact on the growth of the digital manufacturing business, since the COVID-19 lockdown allowed for widespread adoption of modern technologies, allowing projects to continue in a virtual and digital environment even when participants were unable to meet in person. The epidemic has prompted manufacturing businesses to create safer and smarter ways to run smoothly and effectively. The market, on the other hand, was impeded by the lockdown, which limited production activity. The introd...

What's Driving Industrial Router Demand? The growing trend of high-speed internet access, the availability of smartphones, and economic affordability are all boosting demand for internet access, which is driving demand for industrial routers all around the world. Furthermore, market growth is likely to be fueled by lower technology costs per MB of data and a lack of fixed-line access in certain developing regions. Industrial routers increase productivity across all industry verticals while lowering operational expenses. This is one of the most important elements pushing the use of industrial routers in many industries. During the period 2021-2031, the Industrial Routers market is predicted to develop at a CAGR of 9%. Industrial routers facilitate the development and acceleration of industrial communication. These routers are coupled with security technologies to defend the infrastructure against any hacking threats. Another key element driving demand for industrial connection is t...