New Product Development
The global EUV Lithography sales were valued at around US$ 4,648.6 Mn by the end of 2021. The market is projected to report a 21.5% CAGR between 2022 and 2029 reaching a value of US$ 22,978.6 Mn by 2029. EUV stands for extreme ultraviolet which refers to light’s wavelength. Increasing advanced lithographic systems is one of the key factors accelerating the sales of …
Continue reading “EUV Lithography Systems Market reaching a value of US$ 22,978.6 Mn by 2029: FMI”
The conveyor system market saw steady growth in 2021 with worldwide revenues up 3.5% year over year. FMI has forecasted the conveyor system market to reach US$13.7 billion in 2021 at a CAGR of 4.5%, backed by increasing mergers & acquisitions by Tier-1 companies and the integration of machine learning and the internet of things in material handling solutions. Conveyor systems …
The global collaborative robots market is calculated to top US$ 1.71 Bn by the end of 2022. FMI states that the sales in the collaborative robots market are anticipated to surpass US$ 8.65 Bn by 2029, growing at a staggering CAGR of 26% over the forecast period 2022-2029. The introduction of advanced robots capable of …
Global sales of land survey equipment are set to be valued at over US$ 6.0 Bn in 2021, with a steady long-term prediction, according to the latest insights by FMI. The report estimates the market to rise at over 7.80% CAGR from 2021 to 2031. According to the study, the overall land survey equipment market worth is expected to …
Continue reading “Land Survey Equipment Market Is Expected To Increase At 7.8% CAGR by 2031 : FMI”
DDI Market is expected to reach US$ 1532.2 Mn in 2028, likely to surge at a vigorous 15.6% CAGR growth between 2022 to 2028. Estimated to observe a whopping 15% rate of the yearly growth in revenue, the global DDI market projected for an impressive growth outlook. According to a new Future Market Insights’ study, SMEs are …
Continue reading “DDI Market DDI Market is Expected to Reach US$ 1532.2 Mn by 2028”
Carbon Brush Market world business Research and Market Forecast 2022–2029′, scrutinizes the carbon brush market and offers important insights for the forecast amount between 2022 and 2029. As per the report, the worldwide carbon brush market is projected to look at exceptional growth throughout the forecast period, as a result of the aspects comparable to rising …
Continue reading “Global Carbon Brush Market 2022:Expanding at a healthy 3.8% CAGR :FMI”
Commercial Refrigeration Compressors Market is calculated to be worth around US$ 3.59 Bn in 2022, likely to surge at a strong 4.5% CAGR during the estimated period 2022 – 2029. An increase in food & beverage production, along with the expansion of cold chain capacities to ensure minimum wastage and efficient storage of food, is anticipated to increase the demand …
According to a recent analysis, by Future Market Insights (FMI), the cathodic protection market will glimpse a robust expansion at about 5.6% CAGR through 2028. According to the National Association of Corrosion Engineers (NACE) ‘International Measures of Prevention, Application and Economics of Corrosion Technology (IMPACT)’ study, the global cost of corrosion was over US$ 2,500 Bn in 2013. Global cathodic protection market revenue currently …
Global sales are expected to rise by 5% in 2021 after a period of tepid growth in 2020. With shipments reaching nearly 225,274,037 units in 2021, FMI presents a positive growth outlook for the market. In terms of volume, the HSS tools market is set to expand at a 5.5% CAGR over the course of the assessment period. The …
Continue reading “HSS Metal Cutting Tools Market Overview and Industry Outlook 2021 – 2031”
The global carbide tools market size was appreciated at US$ 7.0 Bn in 2022 and is projected to reach US$ 10.7 Bn by 2029, registering a CAGR of 7.2% from 2022 to 2029. Carbide is a key segment (the chemical compound in nature) that is often paired with other natural elements such as boron, silicon, metal, or steel. Carbide-based tool holders …
Continue reading “Carbide Tools Market is projected to reach US$ 10.7 Bn 2022 to 2029: FMI”