Automatic fire suppression system is also used in vehicles to control and extinguish fire. The system is specially designed for vehicles to withstand vibrations of vehicles and the system doesn’t require any power supply to make them use anywhere and anytime. The system is easily integrated with the vehicles, due to its low weight. The …
Monthly Archives: May 2022
Water Electrolysis Machine Market Is Projected To Register 7.7% CAGR And Top A Valuation Of US$ 21.26 Bn By 2030
The global water electrolysis machine market has been impacted marginally by the coronavirus pandemic. As per a new report by Future Market Insights (FMI), the industry surpassed US$ 10.6 billion in 2019 and is estimated to reflect a healthy 7.6% CAGR through 2030. Innovations in crude oil processing applications will support developments in the market. Despite the …
Industrial Nailers Market Attain A Valuation Of US$ 1.15 Bn By The End Of 2030
Global demand for industrial nailers is likely to grow at nearly 8%, with end-users showing a marked preference for cordless industrial nailers. A new study by ESOMAR-certified firm, Future Market Insights, offers detailed insights on key factors likely to influence industrial nailers market in the long run. The maximum brunt of this shortfall is being felt by …
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Commercial Refrigeration Equipment Market Is Progressing At A CAGR Of 4% During 2022-2028
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 …
Water Treatment System Market Is Slated To Increase At A CAGR Of 6.8% During 2022-2030
As worldwide population is expected to reach around 9.7 billion by 2050, it has become increasingly important to yield more with less resources. As the water treatment market continues to encounter squeezing pressures, particularly due to impacts of severe climate change, governments across the world are focusing on improving resilience and sustainability of water treatment systems. …
Hand Tools Are Anticipated To Grow At A CAGR Of 5.9% During 2022-2032
The proliferation of do-it-yourself (DIY) culture owing to the rising labor costs in developed countries such as the UK, U.S., and Germany is anticipated to play a pivotal role in increasing the demand for hand tools. A study by Future Market Insights (FMI) has predicted the global hand tools market to reach ~US$ 25.6 Bn by the …
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Precision Gearbox Machinery Market Reaching US$ 8.95 Bn By 2032
The global precision gearbox machinery system industry is poised to increase at a steady CAGR of 5.8%, reaching US$ 8.95 Bn by 2032 from US$ 5 Bn in 2021. Technological advancements in the manufacturing sector to improve energy efficiency, accuracy, and reliability in operations is likely to fuel the industry growth. With the Industry 4.0, many companies …
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Cathodic Protection Market Will Witness A Robust Expansion At Nearly 6% CAGR Through 2028: FMI
According to a recent study of Future Market Insights (FMI), the cathodic protection market will witness a robust expansion at nearly 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 …
Medium Voltage Transformer Market attain a valuation of US$ 16.1 Bn by 2028
Future Market Insights has published a new market research report on the medium voltage transformer market that contains global industry analysis during and opportunity assessment during 2022–2028. The report covers the latest trends, key success factors, market influencing factors, key information, forecasting factors, macroeconomics factors, and past market scenario. The report analyzes the medium voltage transformer market …
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Compost Turning Machines Are Anticipated To Rake In Revenue Worth US$ 148.5 Mn By 2028
A new research report of Future Market Insights (FMI) tracks global compost turning machine market performance over 2022-2028 and analyzes the demand patterns of compost turning machine on the basis of various attributes such as product type, output capacity, end-use industries, and region. Over 3,200 compost turning machines were sold globally, in 2021, which is likely to …