New Product Development
Ultrasonic Sensors Market size is expected to grow from US$ 5,138.4 Mn in 2022 to ~US$ 13,241.8 Mn by 2030. The global ultrasonic sensors market is estimated to register a CAGR of 12.0% during the forecast period of 2022-2030. Ultrasonic sensors are widely used in robotics as these sensors are not affected by moisture, dust, and dirt …
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Submarine Cables Market expected to witness moderate growth, registering 4.8% CAGR during the forecast period (2022-2030) and projected to reach US$ 4.38 Bn by the end of 2030. Through the course of the report’s forecast period, the market is expected to be driven by increasing investment towards infrastructure intended to better international communications. Besides transmitting communication, …
Registering a year-on-year growth rate of 7.9%, the global synchronous condenser market reached around US$ 1.01 Bn in 2022. However, with rising adoption of synchronous condenser from diverse end-use industries, the overall market is anticipated to rise at robust CAGR of 8.2% between 2022 and 2029, totaling a valuation of US$ 1.76 Bn by 2029. Attribute Details Synchronous Condenser Market Estimated Size in 2022 …
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The global medium voltage transformer market stands at a net worth of US$ 11.7 Bn in 2022, and is predicted to rise at a CAGR of 4.6% over the forecast period (2022-2028) to attain a valuation of US$ 16.1 Bn by 2028. Medium voltage transformer sales accounted for 38% share of the global transformer market in 2021. Medium Voltage Transformer Market Size (2022) US$ 11.7 Bn …
A lamella clarifier is a type of settler designed to remove particulates from liquids. It is often used in primary water treatment in place of conventional settling tanks. The working principle of a Lamella Clarifier is based on settling under gravity, which provides a series of inclined plates to give a large projected surface area …
A new report by Future Market Insights titled “Herb & Spice Extracts Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027)” presents a holistic view of the global herb and spice extracts market and provides useful data and insights on key market dynamics, market growth, and trends and opportunities likely to prevail over …
The global pneumatic actuator market is set to ascend at over 5% CAGR through 2031. Requirement for pneumatic actuators grew exponentially over the past years with the surge in application across various sectors such as industrial automation, transportation, and offshore, to name a few. Though the outbreak of COVID-19 temporarily disrupted the pneumatic actuator market growth earlier …
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The global industrial valves market is estimated to be worth around US$ 71.8 Bn in 2022. With rising adoption of industrial valves for regulating the flow of materials, the overall demand is anticipated to rise at a moderate CAGR of 4.3% between 2022 and 2029, totaling a valuation of US$ 96.2 Bn by 2029. Attribute Details Industrial valves Market Estimated Size in 2022 …
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Pallet pooling is the practice of renting or leasing pallets from a shared pool. This reduces the costs related to transportation and supply chain management. Owning and maintaining an inventory of pallets can be expensive for companies. Hence pallet pooling is a good cost reducing opportunity. Wooden pallet pooling contributes to almost 90% of the global …
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Consumers have become increasingly conscious about the environmental damages, which is attributable for the trend of shifting to a vegan protein diet which is more sustainable. Future Market Insights (FMI) in a new study sees this as one of the key factors enabling growth in the hydrolysed vegetable protein market, which is expected to surpass US$ …