Woodworking Machines Market is largely adopted in countries, such as the U.S., China and Germany to deliver highly precise and quality products as per customer needs. These machines largely help manufacturers reduce wastage of wood and thereby, improve their profitability margin. Moreover, the increasing focus of customers to replace old furniture to rehabilitate their offices and …
Monthly Archives: August 2022
Electric Vehicle Battery Market Revenue Growth Predicted by 2027
FMI delivers key insights on the global electric vehicle battery market in its latest report titled “Electric Vehicle Battery Market: Global Industry Analysis and Opportunity Assessment 2017-2027.” The long-term outlook on the global electric vehicle battery market remains positive with the market value expected to increase at a CAGR of 8.5% during the forecast period (2017-2027). Among …
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Vapour Barrier Market to Reach $25,851.9 Million, Globally, by 2027 at 4.4% CAGR: Future Market Insights
Sales of vapour barriers are projected to witness steady rise in the following years, prominently propelled by sustained consumption by the building & construction industry. As suggested by a new Future Market Insights (FMI) report, global vapour barrier market will exhibit a CAGR of around 4% during the forecast period of 2022-2029. Water condensation can damage the …
Viscosity Index Improvers Market is Anticipated to Witness a Considerable CAGR of 2.9% during the Period of 2022 and 2029
Increasing demand for high-performance lubricants with optimum viscosity has been a vital factor pushing consumption of viscosity index improvers. Although the global market for viscosity index improvers has been projected to exceed the US$ 5 Bn mark by 2029 end, the overall growth outlook would remain sluggish. Consistently soaring consumption of vehicle lubricants such as engine oil, …
Automotive Garage Equipment Market to Grow at Robust CAGR by 2029
Future Market Insights’ new market research study on the automotive garage equipment market contains global industry analysis 2017 – 2021 and opportunity assessment 2022 – 2029. The report investigates the automotive garage equipment market and provides critical insights for the forecast period of 2022 – 2029. As per the key findings of the report, the …
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Automotive Repair & Maintenance Services Market Size, Growth Trends, and Forecast Analysis to 2031
Global automotive repair & maintenance services market is forecast to reach a US$ 544.5 Bn in 2021, with a stable long-term projection, as per the latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The demand for automotive repair & maintenance services declined in 2020 due to the COVID-19 outbreak. However, sales are …
Automotive Wires Market : Value Chain, Stakeholder Analysis and Trends by 2031
According to Future Market Insights (FMI), sales in the automotive wires are projected to rise at a 5.9% CAGR over the assessment period, reaching a valuation of US$ 9.8 Bn in 2021. Increasing sales of electric vehicles, along with growing adoption of digital modules in commercial vehicles are expected to propel sales of automotive wires …
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Lathe Machines Market Share, Global Industry Size, Growth, SWOT Analysis, Top Companies, Competitor Landscape, Regional Outlook 2022-FMI
Lathe machine market is a tool that rotates any workpiece on its axis in order to carry out numerous operations such as cutting, deformation or drilling, knurling and so on with tools applied on that workpiece to create a symmetrical object about an axis of rotation. In short, a lathe machine is used to shape …
Automotive ABS and ESC Market Expectations and Growth Trends Highlighted Until 2029
A recent research report delivered by Future Market Insights (FMI) has projected the global market for automotive ABS and ESC to exhibit an undulating expansion over the forecast period, 2022 to 2029. Global sales of automotive ABS and ESC has been estimated to surpass US$ 100 Bn in revenues by 2029-end. In 2021, the market …
Construction Chemicals Market is Expected to Grow by more than 5% CAGR through the Assessment Period of 2031
The essential nature of construction chemicals in the construction and engineering sector is expected to support market growth for the duration of the assessment period from 2021 to 2031. In a new market report, Future Market Insights (FMI) has stated the valuation of the market at US$ 39 Bn in 2020. Construction chemicals play critical roles in construction …