Technological advancements and rising penetration of artificial intelligence have paved the way for increased sales of robotic lawn mowers, since they have become much more efficient. Rising dependency on automation in the commercial sector to decrease operating costs and increasing adoption of domestic robots for residential applications are major factors estimated to drive the growth …
Monthly Archives: March 2022
Global Crane Market Set for US$ 57.1 Bn Valuation by 2029 : FMI
In the current market scenario, rising number of construction projects in South East Asian and Latin American countries, and tie-ups with prominent sales channel partners and manufacturing entities for long-term supply, will drive the global crane market. Further, integration of smart solutions and automation in cranes are expected to enhance sales during the forecast period. Strong …
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Type I Products to Account for More than 50% of Glass Bottles Sales through 2031: FMI Report
With a wide range of applications in the pharmaceutical, personal care, chemical, and food and beverage industries the demand for glass bottles is expected to remain strong for the foreseeable future. According to a new Future Market Insights (FMI) report, the market will surpass a valuation of US$ 61 Bn by the end of 2031 at a …
Electric Sub-meter Market to Close in on US$ 13 Bn by 2030 : FMI
In the current market scenario, prominent manufacturers are focusing on R&D activities for developing smart sub-meters in order to cater to several applications. Smart sub-meters help reduce electrical leakages and power cuts, and provide accurate consumption data to customers. Global value of the electric sub-meter market was US$ 9.74 Bn in 2021, and is projected to follow …
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Industrial Robotic Motors Market is anticipated to grow at a CAGR of ~13% -2029.
A new market research study by Future Market Insights on the industrial robotic motors market contains a global industry analysis 2014–2018 and an opportunity assessment 2019–2028. The report investigates the industrial robotic motors market and provides critical insights for the forecast period of 2019-2029. As per the findings of the report, the global industrial robotic motors …
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The Returnable Transport Packaging Market will grow 4.8% due to increased intercontinental trade.
The global returnable shipping packaging market will grow at a CAGR of 4.8% between 2021 and 2031. Government regulations and environmental concerns in favor of intercontinental trade include chemicals, food and beverage, building and construction, and others. Returnable shipping packaging includes reusable IBCs, pallets, cartons, layer pads, drums and cushioning bags. This packaging solution provides safe and secure transportation …
Building Automation Systems Market Is Poised To Grow At A Robust 7.8% CAGR- 2031
As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global building automation systems market totalled US$ 44.6 Bn in 2021. The global building automation system market size is estimated to grow at a CAGR of 7.8% during the forecast period. The growth of the building automation system market is fueled by the …
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The Sales Of Intermediate Bulk Containers (IBC) To Increase At 6.8% CAGR Through 2031
Intermediate bulk containers sales have considerably increased across industries such as FMCG, chemicals, paints, and petroleum. Future Market Insights (FMI) has predicted the sales of intermediate bulk containers (BIC) to increase at 6.8% CAGR through 2031. There are numerous products that are not traded to different regions due to the unavailability of effective packaging types to …
Land Survey Equipment Market Is Expected To Increase At 7.8% CAGR
Global sales of land survey equipment are set to be valued at over US$ 6.0 Bn in 2021, with a stable long-term projection, according to the latest insights by Future Market Insights (FMI). The report estimates the market to expand at over 7.8% CAGR from 2021 to 2031. Get | Download Sample Copy with Graphs & List of …
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Safety Sensors And Switches Market Grow At An Impressive CAGR Of 10.2% -2028
The market for safety sensors and switches in ASEAN countries is likely to grow by more than 8%, yearly, in 2019. As depicted in a new research study of Future Market Insights (FMI), adoption of safety sensors and switches across the ASEAN industries will be prominently driven by those based in Indonesia, Malaysia, and Thailand. …
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