Why is the Oil and Gas Sector Highly Lucrative for Pressure Reducing Valves?

FMI reveals that the global pressure reducing valve market enjoys a valuation of US$ 1,998.1 Mn in 2022, and is predicted to expand at a steady CAGR of 4.5% and reach a net worth of US$ 2,588 Mn by the end of 2028. According to the analysis, the demand for pressure-reducing valves is expected to keep increasing over the years. Growing investments in …

Factors will drive demand for glass door merchandizers in various end-use industries: FMI

FMI presents detailed analysis and delivers key insights on the global glass door merchandiser market in its latest report titled ‘Glass Door Merchandiser Market: Global Industry Analysis 2013-2021 & Opportunity Assessment 2022-2028’. The long-term outlook on the global glass door merchandiser market is positive with the glass door merchandiser market expected to be pegged at a value of …

Smart Water Grid Market Market Is Projected To Reach US$ 52,212.3 Million in Revenue By The End Of 2026: FMI

As Per The Latest Study By Future Market Insights (FMI), The Global Smart Water Grid Market Is Likely To Witness Robust Growth During The Forecast Period. Registering 18.8% CAGR, The Market Is Projected To Reach US$ 52,212.3 Million In Revenue By The End Of 2026. Key Priorities Including Carbon Footprint Reduction And Financial Savings Are Driving Water Utilities To Optimize Operations …

Increasing municipal waste production is expected to propel the demand for lamella clarifiers

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 …

Future Outlook for Marine Radar Market in Comparison to Historical Growth Pattern

Future Market Insights (FMI) in a new study has presented an optimistic outlook for the marine radar market, especially with the advent of next-generation solid-state radars. The demand is expected to remain consistent through the forecast period, enabling the market register Y-o-Y growth at little above 2% in 2021. Maritime safety and efficiency is of utmost …

Sales of Sulphur Recovery Technology Market is forecast to exceed US$ 2.7 Bn by 2031:FMI

Newly released data by Future Market Insights (FMI), projects that the sulphur recovery technology market will reach a valuation of US$ 1.2 Bn by 2021 and is expected to grow at a compound annual growth rate (CAGR) of 11% from 2021 – to 2031. The increasing production of shale gas will accelerate the growth with top market players holding 2/5th of sulphur recovery …

Key Challenges for Vibration Control System Industry

Demand for vibration control systems is likely to witness a revival in 2021, according to the latest edition of the study by ESOMAR-certified market research firm, Future Market Insights (FMI). The study also finds that a significant percentage of industry players are confident of growing investments in automation, a strategy stalled by COVID-19 outbreak. However, the pace …

Global Tower Crane Market to grow at 4.8% CAGR till 2031: FMI

The COVID-19 pandemic has caused a severe impact on the global economy at various levels and the impact is seen in 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 several end-users affected …

Multi-stage Pumps to Remain Sought-after, Accounting for Over 37% of Centrifugal Pump Sales in 2021: FMI

The Centrifugal Pumps Market is expected to register positive growth through 2021, with the overall valuation forecast to surpass US$ 29 Bn in 2021. Future Market Insights (FMI) projects centrifugal pumps market sales to increase at 4.6% CAGR between 2021 and 2031.” The Centrifugal Pumps Market is expected to register positive growth through 2021, with the overall valuation forecast …

Respiratory Devices Market to grow at 9.1% CAGR through 2031

Rising prevalence of chronic obstructive pulmonary disease (COPD) and obstructive sleep apnea has been increasing the demand for respiratory devices. Future Market Insights (FMI) in a new study has forecast the market to continue exhibiting high demand through 2031. While 2020 has proven exceptionally crucial to the market, growth will remain positive 2021 onwards, despite …