The power device analyzer market is projected to advance at a modest rate with a CAGR of 5% during the forecast period 2022-2032, as per the power device analyzer market report by Future Market Insights (FMI). Attributes Details Power Device Analyzer Market CAGR (2022 – 2032) 5% Power Device Analyzer Market (2032) US$ 770 Mn Power Device Analyzer Market …
Monthly Archives: March 2022
Polyacrylate Rubber Market Share, Development by Companies Outlook, Growth Prospects and Key Opportunities by 2022-2031
According to latest research conducted, the global market of Polyacrylate Rubber is anticipated to grow with a CAGR of 7% to 8% in between the assessment period of 2021-2031. Polyacrylate Rubber, also otherwise known as Acrylic Rubbers (ACM), are unsaturated polar rubbers that have a strong resistance to oxygen, ozone, and high temperatures, as well …
DC Switchgear Market is expected to record an average CAGR of 6% during the forecast period- FMI
The DC switchgear industry growth is likely to be boosted by the shifting preference towards energy-efficient distribution networks, as well as increased concerns about transmission network stability, security, and reliability. Growing investments in renewable energy sector also holds high potential for creating lucrative DC switchgear market opportunities over the forecasted period. The COVID-19 pandemic led …
Industrial Air Compressor Market is projected to be valued at ~US$ 26.7 Billion in 2021
Increasing investments in mechanical equipment will pave the way for the expansion of the industrial air compressor market in the coming years. As per a Future Market Insights (FMI) analysis, the industrial air compressor market is projected to be valued at ~US$ 26.7 Bn in 2021. The ongoing crisis caused by the COVID-19 pandemic has caused a …
Demand in T&D Utilities will Account for Over 46% of Sales in Switchgear Market: Study
Global Switchgear sales are set to be valued at US$ 72.44 Bn in 2021 and is expected to have a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The report has forecast the global switchgear market to grow at nearly 6.9 % CAGR during 2021-2031. The report …
Water Treatment System Market is slated to increase at a CAGR of 6.8% to reach a valuation of US$ 111,922 Mn by 2022-2030 : FMI
The global demand for water treatment market stood at US$ 66,094 Mn in 2022 and is slated to increase at a CAGR of 6.8% to reach a valuation of US$ 111,922 Mn by the end of their forecast period. The historical growth of water treatment system market from 2015 to 2021 is valued at a CAGR of 5.5%. The growing emphasis on the significance of fresh …
Non-destructive testing (NDT) inspection services market to register a CAGR of over 6% between 2020 and 2030
The global non-destructive testing (NDT) Inspection services market is experiencing a spike in revenues as various end users are investing making their methods safe for workers and consumers. Primarily used to identify defects, faults, and cracks, the NDT inspection services play an important role in industries that use machinery for automation. Constant checks ensure evaluation of …
Sales of Agriculture Equipment to Surpass 6.7 Mn Units through 2031
ESOMAR-certified consulting firm Future Market Insights (FMI) in its latest report forecasts that the global agricultural equipment market will register a CAGR of 4.8% between 2021 and 2031, reaching a market volume of around 6.7 Mn units by 2031 end. The swift growth of agricultural equipment market can be attributed to the growing preference for farm mechanization and increasing governmental policies …
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Robotic Lawn Mower Market is anticipated to progress steadily at a CAGR of over 11.5% between 2022 and 2031
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 …
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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