According to a recent market report published by Future Market Insights titled “Pharmacy Automation Systems Market – Global Industry Analysis and Opportunity Assessment, 2016–2026,” the global Pharmacy Automation Systems market was valued at US$ 3,344.7 Mn in 2016, and is expected to register a CAGR of 6.2% from 2016 to 2026. To remain ‘ahead’ of your competitors, …
Monthly Archives: March 2022
High Meat Consumption and Adoption of Automation Underscore Emerging Trends in Poultry Keeping Machinery: FMI
The newest market research study by Future Market Insights on poultry keeping machinery finds that the market was valued nearly at US$ 4.5 Bn in 2018, and is projected to grow by ~3% CAGR during the forecast period of 2019-2029. The study mainly attributes the rise in consumption of poultry meat for the positive growth prospects of the poultry keeping …
Fiber to the Home (FTTH) Market : Notable Developments & Geographical Outlook 2022 to 2029
Increase in the installation of smart systems at home, and rise in the usage of mobile apps are the two crucial parameters that are boosting the demand for high speed Internet. On the back of these factors, the demand for fiber to the home (FTTH) is projected to increase during the forecast period of 2022-2029. Growing adoption …
Optical Networking Market 2022 Industry Research, Segmentation, Key Players Analysis and Forecast to 2029
Witnessing a robust CAGR between 2022 and 2029, the global optical networking market is poised to hit revenues of US$ 24 Bn towards the end of 2029. Adoption will be majorly driven by the arrival of fifth-generation (5G) wireless systems, as suggested by a new Future Market Insights (FMI) study. The report opines that Asia Pacific excluding Japan …
Fire Alarm Systems Market 2022 Key Players, End User, Demand and Consumption by 2029
Global sales of Fire Alarm Systems Market stood at around US$ 21,069 Mn in 2021, and is slated to increase at a CAGR of 5.8% to reach a valuation of US$ 33,521 Mn by 2029. Fire alarm systems market is nearly 30% of fire protection system market. The fire alarm systems market growth will continue to accelerate due to the continuous developments in fire detection …
Micro-electromechanical System (MEMS) Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2029
Micro-electromechanical systems offer significant benefits such as time-efficient, effective power consumption, and reduced weight as compared to traditional macro systems for mechanical and electrical functions. These benefits make MEMS-based devices more attractive for communication and connectivity applications. Radiofrequency (RF) MEMS technology is specifically designed for electronics in wireless communication applications such as radars, steerable antennae, …
Advanced Distribution Management Systems Market 2022 | Present Scenario and Growth Prospects 2029
Global sales of advanced distribution management systems market stood at around US$ 2,872.0 Mn in 2021, and is slated to increase at a CAGR of 20.0% to reach a valuation of US$ 12,102.0 Mn by 2029. Advanced distribution management systems market is nearly 5% of energy management system market. The advanced distribution management systems market growth will continue to accelerate due to the continuous developments …
Woodworking Router Bits Market Progressing At A CAGR Of 4.8% Over Period 2022-2029
Router bits are used in several woodworking applications such as milling, drilling, grooving, profiling, engraving, carving, etc. High accuracy and precision of carbide-tipped router bits are giving them a competitive edge in the global market. High demand for design furniture is another plus point favouring market growth. Furthermore, high reselling value of carbide-tipped router bits …
Global Vapour Recovery Units Market Is Predicted To Grow At A 5.6% CAGR During 2022-2028
Vapour recovery units arrest vapour escaping from storage tanks, and help reduce VOC emissions by nearly 90%. Growing government restrictions and new regulations on the levels of VOC emissions are anticipated to elevate the sales of vapour recovery units across the world. These units also play a major role in reducing loss of crude oil …
Secure Web Gateway Market 2022 Development Status, Competition Analysis, Type and Application 2029
As our reliance on the Internet increases and the need to protect our data from malware and cyber attacks increases, the need for efficient and secure web gateway systems has increased. Providers of secure web gateway solutions and services track and analyze these threats to develop and enhance top-notch, high-performance and security solutions. Secure web …