New Product Development
Future Market Insights (FMI), in its new study, evaluates the ongoing developments in the underground mining equipment market and projects their impact on the growth of the market between 2022 and 2029. The study projects that the sales of underground mining equipment worth ~US$ 15.9 Bn were recorded in 2022. However, the market value is likely to grow at …
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As per Future Market Insights analysis, the painting robots market is projected to be valued at ~US$ 2.9 Bn in 2021, expanding at a CAGR of ~10.1% over the forecast period of 2021-2031. The painting robots market will register increasing growth as a result of high demand from various industries including HVAC, furniture, sanitary ware, textiles and heavy engineering equipment. …
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Global machine tool touch probe market to grow with a year on year growth of 3.6% in 2022 reaching a value of about US$615.1 Mn by 2022 end. Machine tool touch probe is significantly used for fast, precise and automatic tool setting and workpiece measurement in grinding, turning and milling. It has the potential to cut setup time while enhancing dimensional …
Social Employee Recognition Systems Market is set to hold a net value of US$ 13.3 Bn in 2022, at a stellar CAGR of 14% for 2022-2028. The market is reach an estimated valuation of US$ 29.2 Bn by the end of 2028. Future Market Insights (FMI) has published a new market research report on social employee …
Future Market Insights (FMI) delivers essential insights on the worldwide clad pipe market in an exceedingly new report. The long-term perspective of the Global clad pipe market is expected to stay positive with the clad pipe market price expected to extend at a CAGR of 5.6% during the forecast period. The geographical region and Africa, Western Europe and South-East …
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Global condition monitoring system sales will be valued at US$ 3,293.9 Mn in 2021, with a steady long-term projection, according to the latest insights by Future Market Insights. The report estimates the market to expand at 7 to 8% CAGR from 2021 to 2031 Power generation segment, automotive segment, chemical, and petrochemical segments’ revenue totalled US$ 2,062.1 million for …
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 …
Enterprise Asset Management Market is predicted to close in on a valuation of US$ 4.86 Bn by 2028, surging ahead at a CAGR of 7.1% from 2022 to 2028. Future Market Insights has recently published a market research report titled “Enterprise Asset Management Market – Global Industry Analysis 2014 – 2021 and Opportunity Assessment 2022 – 2028.” …
The animal feed probiotics market value is expected to total US$ 3,113.3 Mn in 2021, according to Future Market Insights (FMI). The overall animal feed probiotics market value is expected to reach US$ 6,997.2 Mn by 2031, growing at a CAGR of 8.4%. Over the last decade, the rise in the number of homes with pets has played a crucial part in maintaining the …
Popularity of vegan diets can be attributed to popularity of veganism and rising focus on sustainable living. As per Future Market Insights (FMI), these factors will create conducive environment for the expansion of the plant based milk market. The report also forecasts the sales of plant-based milk to increase at 8.8% CAGR between 2021 and 2031, the overall market …