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Global sales of substation automation are expected to increase at 6% CAGR between 2021 and 2031, estimates Future Market Insights (FMI). With a favorable demand outlook, the substation automation market size is projected to top US$ 37.8 Bn in 2021 and is expected to reach US$ 67.29 Bn by 2031. After countering the initial slowdown caused by the COVID-19 outbreak, recovery of the …
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The Global Retail Printers and consumables market is projected to grow at a healthy CAGR of 5.3% and 5.0%, respectively, in terms of value over the forecast period of 2017 to 2027 primarily driven owing to increasing application in end-use industry. Retail printers are electronic devices typically designed for printing of labels and receipts that are used …
As per a Future Market Insights (FMI) analysis, the fire extinguisher market is projected to be valued at over ~US$ 3.6 Bn in 2021, expanding at a CAGR of ~5.7% over the forecast period of 2021-2031. Increasing industrial and commercial sector applications of fire extinguishers, coupled with the implementation of stringent regulations and building codes are likely …
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The COVID-19 pandemic has caused severe impact on the global economy at various levels and the impact is seen on the construction industry as well. The tower crane market also is projected to be affected by the COVID-19 pandemic crisis and is expected to witness a significant plunge in demand in 2020.With a number of end …
Continue reading “Global Tower Crane Market to grow at 4.8% CAGR through 2031: FMI”
The global odour control system market is estimated to be worth around US$ 1.19 Bn in 2022. With rising adoption of odour control system for improving the air quality levels across diverse industries, the overall sales are anticipated to rise at a moderate CAGR of 4.7% between 2022 and 2029, totaling US$ 1.57 Bn by 2029. Attribute Details Odour Control System Market Estimated …
The electrical device observance system market exhibited year-on-year growth of 10.9% in 2021, backed by increasing adoption of inexperienced transformers leading to up-gradation of associated monitoring systems and growing stress on rising the reliableness of the facility grid. FMI states that transformer monitoring system market revenue grew by 8.5% Between 2016 and 2020. it’s expected that sales revenue …
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Growing consumption as a solvent continues to primarily drive the revenue growth of mixed xylene market worldwide. Slated at robust yearly revenue growth in 2022 and ahead, the global mixed xylene landscape is also likely to witness consistently soaring consumption of paraxylene by PET manufacturers. Towards 2022, the global revenue of mixed xylene market is …
With swelling exploration activities of new mines, across key targeted regions, the global demand for mining collectors—used in the froth flotation process and the recovery of heavy metal sulfides from ores—is anticipated to witness a steady year-on-year of 5.4 percent, in 2019. The mining collectors market, however, is projected to lie in the steady growth-low value …
As the surging natural and shale gas production levels are accelerating the ongoing shift to membrane gas separation technology, an escalating number of gas processing and biogas projects also continues to trigger the sales of gas separation membrane at a global level. As indicated by a new intelligence study presented by Future Market Insights, the …
While FMI in a recent intelligence report on cold flow improver market scenario offers an exhaustive market value and volume-wise evaluation through 2027, it thoroughly examines the regional and competitive outlook of the cold flow improver landscape for deeper yet precise insights. At an estimated year on year revenue growth of 4.6%, cold flow improver is likely …