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Some of the factors that drive the growth of the heat pump market include replacement of conventional fuel-based heating method by heat pump technology and significant adoption of heat pump technology in residential applications as a cost-effective heating method. Besides this, heat pump technology contributed substantially to the reduction of CO2emission and also complies with …
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The global power tools market is expanding at a significant rate on the back of consumer inclination towards cordless power tools. This is anticipated to remain the key defining factor in the power tool market. As per Future Market Insights (FMI) analysis the global power tools market is expected to be reach US$ 33.36 Bn in 2021. …
The India power tools market is expected to witness increasing demand for industrial power tools as compared to household power tools. Industrial power tools segment is anticipated to contribute over 55.8% in terms of revenue to the market; whereas household power tools segment is expected to account for 44.2% in terms of value share by end of …
The global sales of electrical steel are set to be valued at over US$ 37.5 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The report estimates the market to expand at over 6.5% CAGR from 2021 to 2031. In spite of the recessionary effect of the COVID-19 pandemic …
Global sales of centrifugal pumps are set to be valued at over US$ 29 Bn in 2021, with a steady long-term projection, according to the latest insights by Future Market Insights (FMI). The report estimates the market to expand at 4.6% CAGR from 2021 to 2031. In the centrifugal pumps market, the industrial and domestic segments …
Variable frequency drives demand is set to grow at over 4% in 2021, with a growing emphasis on heating, ventilation and air conditioning (HVAC) systems and automotive pumps which are expected to generate substantial growth opportunities. The projections are based on the latest edition by Future Market Insights (FMI). Manufacturers are likely to experience widening profit …
Witnessing an uptick of 3.4% over 2021, the worldwide sales of commercial refrigeration equipment will exceed revenues worth US$ 51 Bn by 2022 end. As indicated by a recent research study of Future Market Insights (FMI), the market for commercial refrigeration equipment will progress at a moderate CAGR over 2022 – 2029. The demand would be prominently driven by …
FMI has segmented the competitive landscape of the global produced water treatment systems market into treatment systems, mobile systems and rental services, and commissioning and consulting services. Primary treatment technologies employ basic, such as settling, media filtration, floatation, and biological aerated filtering to separate solids from water. According to FMI’s research, Alderley plc is one of the …
The global sales of lead acid battery are set to be valued at over US$ 54.3 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The report has forecast the market to expand at over 5.2% CAGR between 2021 and 2031. According to the market analysis by Future Market Insights, …
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According to a study by Future Market Insights, the global mini crane market is expected to expand at a CAGR of 6.0% during the forecast period from 2021 to 2031.The growing demand compact cranes in various industries such as steel industry, oil & gas, automotive sector, construction, and others is anticipated to drive the mini crane market. …
Continue reading “Mini Cranes Market Segmentation, Outlook, Industry Report to 2031”