Group items tagged

The 3D Metrology Market is expected to grow from USD 11.28 billion in 2017 to USD 17.05 billion by 2023, at a CAGR of 7.1% between 2017 and 2023. The major driving factors for the 3D metrology market are the highly accurate inspection owing to 3D data for modelling and analysis, increasing focus on quality control, and inability of traditional measurement devices to address many manufacturing issues.

The Legal Metrology Act defines certain rules and regulations for the trading of products of weights and measures. Certain specific standards of the metrology act are to be followed by every business that deals in import, export, selling, or trading of products of weights and measurement. Department of consumer affairs under the Ministry of Consumer Affairs defines the standards, rules, and regulations of this Act. Obtaining this license is mandatory as non-licensed firms may have to face heavy penalties. This Act also benefits the company as it reduces their transaction cost, it helps them prevent any unlawful trading of products, it helps them to reduce technical barriers and makes the trading smooth, and builds consumers' trust. So get your company your legal license and avoid any penalties. Consult an expert now!

Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No.03/2019-Customs dated 31st January, 2019 to modify Circular No. 38/2018-Customs dated 18th October, 2018 to the extent, to allow the trade and industry to undertake certain operations such as Labelling/packing requirements etc. to fulfil a statutory obligation under legislations pertaining to legal metrology, FSSAI, DGFT, State Excise laws etc. in all Customs Bonded Warehouse without the requirement of taking permission under Section 65 of the Customs Act,1962.

The recently published report titled, "SMT Equipment Market: Opportunity Analysis and Future Assessment 2022-2030" in the database of the Reports and Insights be of assistance to a paradigm solution for clearer and greater understanding of the market. It is beneficial in determining the size of the market for particular products. These leading players functioning in this market are in rigorous competition in terms of innovation, technology, product pricing and product development. Moreover, the market study helps in establishing sales prophecies for its products and therefore, creating symmetrical adjustment between demand and supply of its products.  The SMT equipment market is estimated to reach at a value of US$ 6,219.8 Mn by the end of 2022 and expected to reach at a value of US$ 9,025.3 Mn by 2030 with a significant CAGR of 4.8%. Request a Sample Copy of this Report @: https://reportsandinsights.com/sample-request/3254 Reports & Insights Overview The non-identical approach of Reports and Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort. A research report on the SMT Equipment market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market. Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market. Wish to Know More About the Study? Click here to get a Report Description: https://reportsandinsights.com/report/smt-equipment-market SMT Equipment Market Segmenta