ABB Executive Committee Member Anders Jonsson to Retire

ABB announced that the Board of Directors will propose Johan Forssell and Mats Rahmström as new members for election at the company’s Annual General Meeting (AGM) on March 21, 2024.

According to a new report published by Allied Market Research, the submersible pumps market size was valued at $12.7 billion in 2022, and is estimated to reach $24.4 billion by 2032, growing at a CAGR of 6.9% from 2023 to 2032.

Parker Hannifin is launching a new network of Certified Mobile Electrification Centers across Europe, the Middle East and Africa to accelerate the transition to low-carbon mobile equipment operations.

Interact Analysis has been covering the motor and drive space since its inception. Within the AC motor and drive market, low voltage is commonly understood as being less than 690V. During last year’s edition of our annual low voltage AC motor drive market research, we noticed a common term being mentioned – “Ultra Low Voltage”.

The anticipated size of the end suction pump market in 2022 was US$ 3.93 billion and is estimated to be US$ 4.2 billion in 2023. The market for global end suction pump market is important with the rise in improvement in business and infrastructures worldwide. Further, demand for the end-suction market has hugely expanded with the modernization of agriculture and wastewater treatment in vegetation.

TECHINDIA is a leading Business Exhibition on Engineering and Manufacturing. The 11th edition scheduled during 1-3 September 2023, at Bombay Exhibition Centre, Mumbai (India) will showcase the exhaustive range of innovations and technological refinements in the complete product segment of “Pumps, Valves & Compressors”, “Gears, Motors & Controls” and “Bearings, Shafts & Couplings” and other allied sectors.