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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. …
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FMI’s report on the power generator for military market highlights the specific needs of the defense and military sector. It identifies hidden growth opportunities for the market players, besides cautioning them against potential threats. Uninterrupted and reliable sources of power supply are vital for successful military operations. Power generators have application across diverse segments within the military …
According to Future Market Insights (FMI), the expansion valves market will register 4.0% CAGR through 2021-2031 as demand grows in residential, automotive, commercial, and other sectors. Global sales of expansion valves are set to be valued at over US$ 10.7 bn in 2021, with a stable long-term projection, according to latest insights by FMI. The report also …
Rising dependency on automation in the commercial sector to decrease operating costs and increasing adoption of domestic robots for residential applications are major factors estimated to drive the growth of the robotic lawn mower market during the forecast period. According to FMI’s recent market study, the robotic lawn mower market is projected to progress at a high …
Continue reading “Robotic Lawn Mower Industry Companies, Share, Size And Analysis Report: FMI”
Global condition monitoring system sales are set to be valued at US$ 3,293.9 Mn in 2021, with a steady long-term projection, according to 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 totaled …
The electric sub-meter market registered sluggish growth amid the COVID-19 pandemic in 2020. Contraction in growth is particularly attributable to restrictions in production, logistics, and sales enforced by governments worldwide. In the current market scenario, prominent manufacturers are focusing on R&D activities for developing smart sub-meters in order to cater to several applications. Smart sub-meters help reduce …
Continue reading “Electric Sub-meter Market Is Projected To Register 3% CAGR End Of 2030: FMI”
The conveyor system market saw steady growth in 2021 with worldwide revenues up 3.5% year over year. Future Market Insights (FMI) has forecasted the conveyor system market to reach US$13.7 billion in 2021 at a CAGR of 4.5%, backed by increasing mergers & acquisitions by Tier-1 companies and integration of machine learning and internet of things in material handling solutions. Rising per capita …
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A new market research study by Future Market Insights on the robotic gripper market contains global industry analysis 2014-2021 and opportunity assessment 2022-2028. The report investigates the robotic gripper market and provides critical insights for the forecast period of 2022-2028. As per the findings of the report, the global robotic gripper market is anticipated to experience substantial …
Continue reading “Robotic Gripper System Industry Size Is Projected To Total US$ 2.8 Bn By 2028”
A new market research study by Future Market Insights on the collaborative robots market contains global industry analysis 2014–2021 and opportunity assessment 2022–2029. The report investigates the collaborative robots market and provides critical insights for the forecast period of 2022-2029. As per the findings of the report, the global collaborative robots market is anticipated to experience substantial …
Rising adoption of automatic underground mining equipment among manufacturers to sync with the ongoing trends in the ever-evolving mining industry is set to incur tech-driven transformations in this landscape, opines the study. In addition, stringent emission regulations regarding controlled diesel emission and personnel safety in the mining industry are likely to stimulate innovations that can …