Industrial and Infrastructure

The global variable frequency drives market accounted for a value of USD 17.5 billion in 2019. The global variable frequency drives market is projected to register growth at CAGR of 3.8% during the forecast period.
COVID-19 has impacted all the businesses over the globe. It has impacted variable frequency drives market negatively. The production is on halt. The supply chain was also affected due motion restriction and lockdown policies raw material supply is facing difficulties. Thus, the VFD market is expected to witness decline during forecast period.

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The global heat pump market accounted for a value of USD 45.2 billion by 2019. The global heat pump market is projected to register growth at a 6.7% CAGR of during the forecast period.
COVID-19 has impacted the global heat pump market negatively. The production is on halt and activities of residential and commercial sectors are also halted due to which there is a significant decline in demand of heat pump. The supply chain was also affected due motion restriction and lockdown policies. The raw material supply is facing difficulties. Thus, the heat pump market is expected to witness decline during forecast period.

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The global screw compressor market accounted for a value of USD 8.8 billion in 2019. Screw compressor market projected to register growth at a CAGR of 5.8% during forecast period.
COVID-19 has impacted all the businesses over the globe. The supply chain of raw material and finished products is disrupted due to travel restriction and international border closer. The manufacturing facilities have to shut down due to lockdown. The screw compressor market is estimated to witness decline in growth due to COVID-19.

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The global industrial gearbox market accounted for a value of USD 29.9 billion in 2019. Industrial gearbox market is projected to register growth at a CAGR of 3.9% during forecast period.
COVID-19 has impacted all the businesses over globe. The supply chain of raw materials and finished products is disrupted due to travel restrictions. The automotive manufacturing facilities have shut or halt their production activities and others industries also halted their plants which leads to decline in growth of industrial gearbox during the COVID-19.

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The global gear motors market accounted for a value of 21.7 USD billion in 2019. Gear motors market projected to register growth at a CAGR of 4.9% during forecast period.
COVID-19 has impacted all the businesses over globe. The supply chain of raw materials and finished products is disrupted due to travel restrictions. The manufacturing facilities have shut or halt their production activities and end-users industries have witnessed decline in demands which leads to decline in growth of gear motors during the COVID-19.

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The global AC drives market accounted for a value of USD 10.7 billion in 2019. AC drives market is project to grow at a CAGR of 5.5% during forecast period.
COVID-19 has impacted all the businesses over the globe. The AC drives market is impacted due to spread of corona virus across the world. The supply chain of raw materials and finished products is disrupted due to travel restriction and the manufacturing facilities have to shut down due to lockdown in many regions. The demand and adoption of AC drives has witnessed decline during corona period.

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The global 3D printing construction market accounted for a value of USD 3.5 million in 2019. 3D printing construction market projected to register growth at a CAGR of 235.2 % during forecast period.
COVID-19 has impacted all the businesses over the globe. COVID-19 has impacted 3D printing construction market significantly. The demand for 3D printing construction is declining due to global pandemic across end-user industries. The supply chain has been affected due to travel restriction. The manufacturing units have to halt its production. The growth in this has been negatively affected due to spread of corona virus

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The global facility management market accounted for a value of USD 38.4 billion in 2019. Facility management market is projected to register growth at a CAGR of 8.5% during forecast period.
COVID-19 has impacted all the businesses over globe. The facility management services and solutions is facing decline in demand due to COVID-19 outbreak. The supply chain of raw materials and finished products is disrupted due to travel restriction. The production activities are halted due to lockdown in various segments such as transportation, real estate and manufacturing etc. and there is a huge decline in all these sectors which leads to reduction in demand for facility management and services and solution. However the demand for facility management will be increase due to gradual reopening of businesses.

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The global construction market accounted for a value of USD XX billion in 2019. Construction market projected to register growth at a CAGR of XX% during forecast period.
COVID-19 has impacted several businesses over the globe. The demand for construction industries is declining across the world due to spread of corona virus outbreak. The supply chain of raw material is disrupted due to travel restrictions. The manufacturing facilities have to shut their production due to lockdown. The market is likely to witness growth from 2021.

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The global modular construction market accounted for a value of USD 73.8 billion in 2019. Modular construction market projected to register growth at a CAGR of 4.9% during forecast period.
COVID-19 has impacted all the businesses over the globe. The manufacturing facilities have to shut down due to lockdown. The supply chain of raw material and finished products is disrupted due to travel restriction. The demand for the modular construction has been declined across world due to decline in construction activities. The construction activities were halted. There is a huge decline in construction industry due to spread of corona virus outbreak. The modular construction market is estimated to witness decline in growth due to COVID-19.

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The global autoclaved aerated concrete (AAC) market accounted for a value of USD 16.1 billion in 2019 and is projected to register growth at a CAGR of 5.5.0% during forecast period.
COVID-19 has impacted all the businesses over the globe. The manufacturing facilities have to shut down due to lockdown. The supply chain of raw material and finished products is disrupted due to travel restriction. The demand for the AAC has been declined across end users due to slow market growth of such users. The construction activities were halted. There is a huge decline in construction industry due to spread of corona virus outbreak. The autoclaved aerated concrete market is estimated to witness decline in growth due to COVID-19.

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The global electric motor market accounted for a value of USD 115.5 billion in 2019. Electric motor market is projected to register growth at a CAGR of 4.7% during forecast period.
COVId-19 has impacted electric motor market significantly during forecast period. The supply chain of raw material and finished products is immensely disrupted due to travel restriction which resulted in delay in delivery and slow manufacturing. The manufacturing facilities have to shut down due to nation wise lockdown. The exports and imports of parts and have been stopped due to international border closer. Various components of electric motor come from China, US and Europe and all these parts are not available for manufacturing. There will be significant decline in electric motor market for next one or two years.

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The global submersible pump market accounted for a value of USD 10.1 billion in 2019. Submersible pump market projected to register growth at a CAGR of 5.0% during forecast period.
COVID-19 has impacted all the businesses over the globe. The manufacturing facilities have to shut down due to lockdown. The supply chain of raw material and finished products is disrupted due to travel restriction. The demand for the submersible pump has been declined across end users due to slow market growth of such users. The submersible pump market is estimated to witness decline in growth due to COVID-19.

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The global centrifugal pump market accounted for a value of USD 36.9 billion in 2019. Centrifugal pump market is projected to register growth at a CAGR of 3.3% during forecast period.
COVID-19 has impacted all the businesses over the globe. The manufacturing facilities have to shut down due to lockdown. The supply chain of raw material and finished products is disrupted due to travel restriction and international border closer. The demand for the centrifugal pump has been declined across end users due to slow market growth of such users. The centrifugal pump market is estimated to witness decline in growth due to COVID-19.

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The global BLDC motor market accounted for a value of USD 8.3 billion in 2019 and is projected to register growth at a CAGR of 9.0% during forecast period.
COVId-19 has impacted BLDC motor market significantly during forecast period. The supply chain of raw material and finished products is immensely disrupted due to travel restriction which resulted in delay in delivery and slow manufacturing. The manufacturing facilities have to halt its production due to nation wise lockdown. The exports and imports of parts and have been stopped due to international border closer. Various components of BLDC motor come from China, US and Europe and all these parts are not available for manufacturing. There will be significant decline in BLDC motor market for next one or two years.

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The global industrial valves market accounted for a value of USD 40.3 billion in 2019 and is projected to register growth at a CAGR of 9.9% during forecast period.
COVID-19 has impacted the industrial valves market. The manufacturing facilities have to halt its production due to lockdown and the supply chain of finished products and raw material got disrupted due to travel restriction. The oil & gas industry is impacted significantly due to outbreak of corona virus as the oil prices are slashing and major oil producers are running out of storage space for and demand is declining adversely. The international borders are closed which leads to suspension of import and export activities and the foreign trade is restricted to control transmission of corona virus. This leads to reduction in demand and adoption of valves in the market however, the vales market is likely witness growth post COVID-19.

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The global IoT in construction market accounted for a value of USD 8.9 billion in 2019 and is projected to register growth at a CAGR of 13.5% during forecast period.
COVID-19 has impacted IoT construction market significantly. The adoption of IoT technology is declining due to global pandemic across construction market and investment in IoT technology is also decreasing. The supply chain of various equipments has been affected due to travel restriction. The construction activities have to halt due to lockdown. The growth of IoT in construction market is negatively affected due to spread of corona virus.

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The global oil & gas pump market accounted for a value of USD 5.4 billion in 2019 and is projected to register growth at a CAGR of 5.5% during forecast period.
COVID-19 has impacted the oil & gas pump market. The oil & gas industry is negatively affected due to outbreak of corona virus. The oil & gas exploration and production activities are significantly impacted due to COVID-19. The projects are getting delayed due to outbreak of pandemic and the supply chain and construction activities are disrupted due to lockdown and travel restriction. The oil & gas pumps market is likely to witness decline due to COVID-19.

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