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$9 Billion Worldwide Conveyor Systems Industry to 2025 - Impact of COVID-19 on the Market


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The global market for Conveyor System is projected to reach US$9 billion by 2025, driven by the strong focus shed on automation and production efficiency in the era of smart factory and industry 4.0. Automating labor intensive operations is the starting point for automation, and as the most labor intensive process in manufacturing and warehousing, material handling is at the bottom of the automation pyramid. Defined as the movement of products and materials throughout the manufacturing process, material handling is labor intensive and expensive. Benefits of automating material handling include reduced human role in unproductive, repetitive and labor intensive tasks and the ensuing freeing up of resources for other core activities; greater throughput capability; better space utilization; increased production control; inventory control; improved stock rotation; reduced operation cost; improved worke ....

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Global Building Energy Management Systems (BEMS) Market to 2027 - Falling Hardware Costs, and Managed BEMS Services to Overcome Cost and Complexity Hurdles


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COVID-19 Crisis Brings the Environment into the Spotlight. With Energy Management Being Vital for Saving the Environment, BEMS is Poised for a 12.4% Growth Run Over the Next 7 Years
The global Building Energy Management Systems (BEMS) is expected to reach US$8.4billion by the year 2027, trailing a post COVID-19 CAGR of 12.4%, over the analysis period 2020 through 2027.
Building Energy Management System (BEMS) are sophisticated systems integrating hardware, software, and services with information and communication technologies for monitoring, automating, managing, and controlling the energy requirements of buildings. BEMS are microcomputer systems that automatically monitor and control energy-consuming electrical and mechanical equipment such as thermostats, HVAC, and lighting within a single building or a group of buildings in order to enhance energy-efficiency and comfort. ....

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