New Product Development
According to FMI’s recent study, the heat pumps market was valued at around US$ 32 Bn in 2021 and is estimated to expand at a CAGR of 5.4% over the forecast period of 2022-2030, with a limited impact of the current pandemic situation on long-term growth forecasts. Increasing demand for tech-advanced cooling solutions with low carbon footprint, government …
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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 …
Every year, millions of dollars are spent on the replacement of machine tools due to the low performance of lubricants. Machine tool oils are the ideal solution for increasing the lubrication of equipment. Proper synchronisation is required during the operation of equipment for the efficient working of the procedure. In case of improper synchronisation, the …
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Styrene acrylic emulsion polymers are water-based polymers produced by emulsion polymerization of styrene and various acrylate esters such as 2-ethylhexyl acrylate methyl, methacrylate, acrylic acid, and butyl acrylate. Styrene acrylic emulsion polymers are mainly used as construction chemicals and adhesives. They possess exceptional properties such as good durability, UV resistance and low VOCs emission rate …
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Optical spectrum analyzer market is considerably gaining from the rising demand in the IT and telecommunication industry. According to a new study by Future Market Insights (FMI), the market will continue exhibiting steady growth since optical spectrum analyzer is an important tool in signal discrimination that finds application across diverse industries starting from IT to aerospace. …
Surge in the cost of raw materials such as roundwood and timber has increased operational costs and reduced profit margins for manufacturers. This is anticipated to reinforce the sale of powerful and efficient saw blades, so as to reduce material wastage and increase productivity. In addition, carbide material for tips of circular saw blades provide …
The global demand for condition monitoring services is projected to surpass the valuation of US$ 6.79 Bn by 2031 end. As suggested by a new Future Market Insights (FMI) report, substantial growth in the condition monitoring service market is mainly backed by the growth of the power generation industry, which holds a prominent share of the overall market value, …
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 …
The global HID ballast market is expected to decline gradually over the period of 10 years between 2022 and 2027. This market is expected to register a growth rate of -9.8% during the forecasted period. In a bid to sustain revenue growth, key market players are laying emphasis on increasing their product offerings and providing innovative products …
As per the plain bearing market report by FMI, the global market is expected to be worth US$ 10 billion in 2021 and US$ 17 billion by 2032, growing at a modest CAGR of 5% over the forecast period. Get | Download Sample Copy with Graphs & List of Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-14289 The rise of plain bearing applications is propelling the …
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