The market for industrial power monitoring systems is anticipated to grow at a CAGR of 4.2 percent from 2022 to 2032, reaching US$ 4,318.6 Million by 2022’s end. The industrial power monitoring system market is anticipated to reach a value of US$ 6,534.7 Million by the end of the aforementioned forecast period. The growth is attributed to a mounting focus on cost-cutting measures, …
Monthly Archives: September 2022
North America Emerging as an Opportunistic Dust Control System Market-FMI
Presence of Leading Market Players in The Region Provide Opportunity for The Growth of the Market in The Region North America’s dust control systems market has dominated the global market in terms of market revenue. Better hygiene and the availability of sophisticated machinery have been key factors driving this regional market. North America accounts for a …
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Global Commercial Kitchen Ventilation System Market Is Anticipated To Be Appraised At US$ 3621.4 Million By 2032
The global commercial kitchen ventilation system market is anticipated to be appraised at US$ 3621.4 million by 2032, up from US$ 2476.1 million in 2022 with a CAGR of 3.9% during the forecast period. Technological advancement has led to wide adoption of effective equipment across home settings. One such technology that is gaining high prominence among users …
Market for Switched Reluctance Motors is Forecast to Reach Nearly US$ 950 Million by 2032: FMI
The globally switched reluctance motors market size was valued at approximately US$ 499.3 Mn in 2021 and is expected to exceed a valuation of nearly US$ 950 Mn by 2032, exhibiting a strong CAGR of 6.28 percent during the forecast period (2022-2032). The increasing use of switched reluctance motors in electric vehicles, fuel pumps, electric power steering, vacuum blowers, and other applications …
Industrial PC Market Set to Witness an Uptick Size US$ 9.4 Bn by the end of 2032: Future Market Insights, Inc.
The industrial PC market size was worth US$ 5 billion in 2021 and is expected to reach US$ 9.4 billion by 2032, increasing at a CAGR of 6% over the forecast period as indicated by the industrial PC market report by FMI. As per FMI, the industrial PC market in China is expected to grow at the highest CAGR during the forecast …
Electrical Digital Twin Market Worth US$ 3.13 Bn by 2032 | CAGR 12% – By FMI
As per a new market research report on the electrical digital twin market published by Future Market Insights, the sales of electrical digital twin will advance at a CAGR of 12 % from US$ 0.9 billion in 2021 to US$ 3.13 billion in 2032. Demand for electrical digital twin is being driven by the increased acceptance of innovative technologies such as IoT and …
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Painting Robots Market New Technological Development Projecting Massive Growth till 2031
The painting robots market will register increasing growth as a result of high demand from various industries including HVAC, furniture, sanitary ware, textiles and heavy engineering equipment. Global painting robots market to exhibit year-on-year (YoY) growth of 8.3% to total US$ 2.9 Bn in 2021. As per the study, the demand for robotic arms will increase by 8.8% CAGR between 2021 …
Heavy Duty Heat Pump Market Size, Share 2031: Present Scenario and Growth Prospects
Demand for heavy duty heat pumps was moderate in 2020 due to COVID scenario. However, considering the possibility of a stimulus in many countries, the long-term outlook on the market remains positive. The report estimates the global heavy duty heat pump market to grow at nearly 2.9% during 2021-2031. The report offers analysis in 20+ high-growth markets, …
Downhole Tractor Market Analysis Report by Marketing Strategy, Promotions, New Product Launches and Emerging Trends by 2031
The global downhole tractor market is anticipated to continue to be significantly shaped by the development of integrated well intervention technologies like production logging and pipe inspection and cleaning. According to a recent study by Future Market Insights, the global downhole tractor market is anticipated to reach US$ 312.9 million in 2021, growing at a CAGR of …
Retinal Biologics Market – Business Opportunities and Global Forecast to 2028
Retinal biologics market growth value surpassed US$ 19.96 billion in 2021 and projected to grow at 11.1% y-o-y in 2028, as per a new FMI study. The projected growth of the market can be attributed to, Increasing prevalence of diabetic eye diseases and age-related macular degeneration (AMD) Significant R&D investments engaged in developing biologics for infectious and non-infectious …
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