As per a recent market survey by Future Market Insights (FMI), the global heat shrink tubing and sleeves market is projected to reach US$ 1,879 Mn in 2021, expanding at a healthy 5.9% CAGR over the forecast period of 2021-2031. Rapid advancements in industrial sectors across the globe, along with increasing investments in mechanical equipment are key factors driving sales of …
Monthly Archives: June 2022
Switchgear Market Growth Is Projected To Continue Due To The Increase In Demand For Energy: FMI
Global Switchgear sales are set to be valued at US$ 72.44 Bn in 2021 and are expected to have a stable long-term projection, according to the latest insights from Future Market Insights (FMI). ESOMAR-certified research and consulting firm. The report has forecasted the global switchgear market to grow at nearly 6.9 % CAGR from 2021-to 2031. The report offers an …
Urea Strippers Market Increasing Population Propelling Market Growth by End Of 2030
FMI reports that the extensive use of urea strippers in the fertilizer industry and other commercial sectors will help the market grow in value. Urea strippers also have been verified useful in recycling methods because of their primary layout and the fact they allow heat recovery. Packages of urea strippers throughout diverse industries such as remedy, agriculture, …
Commercial Refrigeration Compressor Market Has Predicted The Market To Surge At A CAGR Of 4.3% To Reach A Valuation Of US$ 13,090.8 Mn By 2032
The global demand for commercial refrigeration compressors is expected to show promising growth, with a value CAGR of higher then 4% over 2022-2029. An increase in food & beverage production, along with the expansion of cold chain capacities to ensure minimize wastage and efficient storage of food, is expected to increase the demand for commercial refrigeration compressors, …
Mud pumps Market Future Outlook Remains Positive in Comparison to Sales Registered, Future Market Insights Inc.
In its latest report, Future Market Insights estimates global mud pumps market to surpass US$ 1.18 Bn by 2031, on the back of broader developments in oil & gas sector. The market will also be influenced by mushrooming of mid-sized companies, especially in North America. For instance, EOG resources, a US company headquartered in Houston, has been extensively dabbling …
Hydrostatic Testing Over The Forecast Period Owing To Increasing Demand From End-Use Applications: FMI
The global market for hydrostatic testing is significantly fragmented, with most players involved in the manufacturing of testing pumps and other associated equipment, mostly catering to their respective regional markets. Manufacturers of hydrostatic testing equipment and service providers are focusing on various acquisition activities to enhance their global presence. As projected in a recently released market intelligence …
Vibrating Screen Market Grow Is the Development of Unique Features Helping: FMI
The polyurethane vibrating screens assure noise-abated operations as they have a high vibration-absorbance. They offer screening processes with an efficacy of about 2-5 times that of the usual vibrating screen and load-handling capacity of about twice that of a rubber sieve. Vibrating screens made of polyurethane materials are ideal for grading, dehydration and processing of coal, iron ore, …
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Poultry Keeping Machinery Market Advanced Technologies Emerging as Product Differentiators among Farm & Agriculture Equipment Manufacturers: FMI
The study mainly attributes the rise in consumption of poultry meat for the positive growth prospects of the poultry keeping machinery market. The poultry keeping machinery market has a high potential to grow in regions such as Latin America, Asia Pacific excluding Japan and North America, according to the study. The newest market research study by Future …
Middle East Conveyor Belts Market Is Projected To Register A Healthy CAGR Of 4.3%, Future Market Insights Inc.
Conveyor belts are primarily employed for carrying objects from one point to another. Middle East conveyor belts market is projected to register a healthy CAGR of 4.3% in terms of value during the forecast period (2016–2026). This is mainly attributed to various factors, regarding which FMI offers detailed insights in its report. The material to be …
High Altitude Aeronautical Platform Stations Market Future Scenario, Key Insights, Top Companies 2027
High Altitude Aeronautical Platform Stations (HAAPS) is a technology which facilitates wireless narrowband and broadband telecommunication services as well as broadcasting services with the help of different kind of platforms such as airships or aircrafts. High altitude aeronautical platform stations can cover a service area of approximately 1000 km diameter. This coverage of service area depends …