Submersible pump is a type of centrifugal pump which operates, while completely submerged in the liquid and dredge pumps used to transport of underwater sediments from one region to another. Moreover submersible dredge pumps are defined as the compact multifunctional dredging pumps, dedicated to slurry transport. Submersible dredge pumps are either powered by the hydraulic or …
Monthly Archives: June 2022
Sales Of Woodworking Router Bits Market Increasing Adoption of Woodworking Equipment to Drive Demand
According to a new research report published by Future Market Insights (FMI), the global woodworking router bits market is estimated to exhibit a CAGR of close to 5% during the forecast period of 2022-2029. Router bits are used in several woodworking applications such as milling, drilling, grooving, profiling, engraving, carving, etc. High accuracy and precision of carbide-tipped …
Compound Semiconductor Materials Market Growth, Size, Share, Trends Analysis & Forecast to 2030
Compound semiconductor materials are critical building blocks for next-gen electrification technologies, and are slated to be at the core of nearly every prominent industrial sector of the 21st century. Recent analysis by Future Market Insights (FMI) reveals that global compound semiconductor material market will grow at 7.2% CAGR through 2030. Think tanks in various regions are striving to develop new …
Reactive Diluents Market Outlook, Opportunity and Demand Analysis, Forecast to 2030
Future Market Insights (FMI) sees this as chief driver of the reactive diluents market, which is expected to grow at a positive pace between 2020 and 2030.As reactive diluents are used for improving consistency of paints & coatings and adhesives & sealants, they are in high demand across a multitude of sectors including building & construction, …
Gypsum Market 2031 is likely to witness a growth at 6.2% CAGR Development Trends, Competitive Analysis &Feasibility Studies by Future Market Insights, Inc.
Future Market Insights (FMI) has forecast the gypsum market value to surpass US$ 4 Bn in 2021. The gypsum industry is expected to be driven by growing construction of residential, commercial and institutional buildings across the globe. The market is likely to witness a growth at 6.2% CAGR during the assessment period between 2021 and 2031. Gypsum is a vital construction …
Offshore Structural Analysis Software Market 2022 | Scope of Current and Future Industry 2032
As per the study at FMI, the offshore structural analysis software market was valued at US$ 637.2 Mn in 2022 and is predicted to reach US$ 1.1 Bn by 2032, growing at a 5.4% CAGR. The demand for offshore structural analysis software is rising due to growing demand for environmentally friendly building work and increasing …
Woodworking Circular Saw Blade Market Rising Popularity of Diamond-coated Tools to Hinder Market Growth Potential
Surge in the cost of raw materials such as roundwood and timber has increased operational costs and reduced profit margins for manufacturers.The woodworking circular saw blades market is projected to reach a valuation of US$ 68.3 Mn by the end of 2029, as per the latest report by FMI. This is anticipated to reinforce the sale of …
Demand For Emulsion Explosive Market Factors Will Drive In Various End-Use Industries
Witnessing moderate expansion of more than 4% in consumption volume, emulsion explosive market is slated for a steady growth outlook over the forecast period of 2022-2028. Water resistant capabilities of emulsion explosives and lesser complexities associated with their transportation would remain key factors fueling their sales in global market. Notable increase in construction, mining, and infrastructure investments …
Global Power Transformer Brand share and Market Share Analysis By 2022
The power transformer market exhibited year-on-year growth of 4% in 2021, backed by increasing efforts towards incorporating modern energy solutions in existing power system and high demand of efficient and reliable power supply. Future Market Insights (FMI) states that, power transformer market revenue grew by 10% between 2019 and 2021, reaching US$ 21.9 billion in 2021 with …
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Conveyor System Market Key Product Innovations and Regulatory Climate by The End of 2031
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 …