Global sales of electric motors are set to be valued at over US$ 104 Bn in 2021, with a stable long projection, in line with the most recent insights by Future Market Insights (FMI). a replacement report calculates the market to extend at over 5.1% CAGR from 2021 to 2031. In line with Future Market Insights (FMI), increasing automation and AI within …
Monthly Archives: May 2022
Auto-Injectors Market Key Players : Sanofi, Pfizer, Inc., Becton, Dickinson and Company, Mylan N.V., Novartis AG
Anaphylactic shock is the most common chronic disease in Europe and North America region. Allergy UK says, approximately 20% of patients struggle with anaphylactic reaction in Europe. Anaphylactic shock requires adrenaline auto injector devices to be treated. Adrenaline auto injectors are sold under various brands, such as Emerade, Epipen and Jext in the UK. The …
Why is Demand for Lead Acid Battery Increasing in the U.S.?
The lead-acid battery market valuation is predicted to surpass US$ 54.3 Bn in 2021. Future Market Insights (FMI) study has indicated that lead-acid battery sales to grow at a 5.2% CAGR between 2021 and 2031. According to the analysis, the overall lead-acid battery market valuation will top US$ 90.5 Bn by 2031. As per FMI, the demand for AGM batteries is foreseen to …
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Global welding consumables market is anticipated to reach a valuation of US$ 26.82 Bn by 2030: FMI
Global welding consumables market is expected to reach a valuation of US$ 26.83 Bn by 2030 end, recording a steady CAGR of 5.7%. Welding contributes to the accomplishment of various tasks across several key industries, including aircraft manufacturing, shipbuilding, defense, and construction. Welding plays a significant role in extending life and repair of manufactured products. …
Hydrogen Electrolyzers with High Capacity Gain Traction for Sustainable Mobility and Energy Generation: FMI
Future Market Insights, an ESOMAR-certified market research provider, opines that the long term perspective for the hydrogen electrolyzer market will stay optimistic with an increase pegged at 10% through 2030. The global electrolyzer market size was USD 321.65 million in 2019. The global impact of COVID-19 has been outstanding and staggering, with the product type witnessing a negative market …
Orthopedic Braces and Support Market valuation of US$ 4.67 Billion by the end of 2024
Future Market Insights (FMI), in its latest report, has revised the global orthopedic braces market growth projection to 6.9% CAGR through 2024. This revised projection considers the sluggishness induced due to the COVID-19 pandemic. Advancements in orthopedic braces and support market have offered umpteen benefits, bringing substantial improvements in average quality of life and lifespans. Tech-driven innovation …
How Will Adoption of Industrial Internet of Things (IIoT) Affect Industrial Valves Marker?
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 …
Tip Location Devices Market is anticipated to progress at a CAGR of 7.0% to reach US$ 70.2 Million by 2030.
The global tip location devices market is likely to surpass USD 35 million in revenues by 2020-end, according to a latest report by Future Market Insights (FMI). The ESOMAR-certified firm has an optimistic outlook on the long-term prospects of tip location devices market, with its latest report forecasting a 6.4% CAGR through 2030. Tip location devices are …
U.S. variable frequency drive market revenue is anticipated to expand at a moderate CAGR over the period 2017–2027
The North American variable frequency drive market is projected to reach US$ 7.79 Bn in revenues by 2027, according to new research by Future Market Insights. In terms of volume, 6.25 million units of variable frequency drivers are expected to be sold in North America in 2017. The U.S. will continue to dominate sales, accounting for nearly …
Who Are The Top Players In The Global Hand Tools Market And What Is Their Total Share?
Customizations such as extended tips to get into hard-to-reach areas or specially designed joints to make the tools, even more, user friendly are in high demand. The global sales of hand tools are anticipated to grow at a CAGR of 5.9% during the period between 2022 and 2032. The demand in China is expected to increase by 6.0% CAGR from …