In recent years, the manufacturing industry has witnessed sluggish growth owing to various macro-economic factors such as Brexit concerns, fluctuations of oil prices, and foreign trade policies. Tech developments in model-based offerings are expected to play a key role in the future of the sector. According to a recent report by Future Market Insights (FMI), …
Monthly Archives: September 2022
Metrology Software Global Industry Overview & Competitive Landscape till 2031
As per the metrology software industry examination by Future Market Insights (FMI), the interest enrolled in the metrology software market will increment at a CAGR of 7.0% from 2021-2031. The report likewise estimates that the market will outperform a valuation of ~US$ 900 Mn toward the finish of 2021. According to Future Market Insights, a continuous shift …
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Force Sensors Market Growth Factors, Opportunities, Ongoing Trends & Key Players 2022 – 2029
The force sensor market income added up to ~US$ 3,448.8 Mn in 2021. The force sensor market is projected to outperform ~US$ 5,286.2 Mn by 2029, developing at a CAGR of 5.5% for 2022 – 29. Force sensor market represented around 3% of worldwide sensor market. The force sensors like burden cell, capacitive, piezo-resistive, piezo-electric …
Quality and Compliance Management Solution Market Innovations, Technology Growth & Research 2022 to 2030
Quality and compliance management solution market arrived at a valuation of around US$ 23.5 Bn in 2021, to ascend at a high CAGR of 9.4% to surround US$ 44 Bn by 2030. Merchants working in the worldwide quality and compliance management solutions market are completely utilizing mechanical advances in versatile applications and data innovation frameworks by …
Global CHP Market Is Expected To Garner A Market Value Of US$ 2,091.6 Million In 2022 | Exclusive Report by Future Market Insights
The global CHP market is expected to garner a market value of US$ 2,091.6 Million in 2022, expected to register a CAGR of 6.4%. The market is projected to surpass a market value of US$ 3,876.5 Million during the forecast period 2022-2032. The combined cooling heat and power (CHP) plant market is expected to gain traction over the forecast period owing to …
Military Vehicles and Aircraft Simulations Market Worth US$8.4 Billion by 2032, Growing at a CAGR of 7.1% From 2022 – Exclusive Report by Future Market Insights
It is also used in computer experiments to study simulation models. Military vehicles and aircraft simulation have now become critically important due to high safety and security reasons in every part of the world. However, simulation of technology is used in many contexts such as safety engineering, education, training, testing, performance optimization, video games and others. The …
Screw Compressor Market Size To Reach USD 20.8 Billion By 2032 | New Opportunities Planning By Future Market Insights
Global sales of screw compressors are set to be valued at over US$ 14.8 Bn in 2022, with demand increasing at a 3.5% CAGR over the assessment period. According to Future Market Insights, increasing use of screw compressors in the oil and gas, energy and transmission, and automotive and aerospace industries is the primary driver of the …
Global RFID Kanban System Market To Reach US$ 8.4 Billion By 2032, Exclusive Report by Future Market Insight
The benefits will grow dramatically in the future as cloud-based data storage becomes an integral part of RFID systems. RFID Kanban System market size is expected to reach US$ 1.6 Billion in 2022 registering a CAGR of 18.1% from 2022 to 2032, reaching US$ 8.4 Billion. The mobility offered by RFID technology has long been a major …
Mining Hoses Market Is Anticipated To Have A Steady CAGR Of 6.7% During The Period 2022-2032
As per the research at FMI, the mining hoses market was valued at US$ 370.86 Million and is predicted to reach US$ 616.43 Million by 2032, growing at an average 5.6% CAGR. The mining hoses market is being driven by increased production of various minerals such as copper, gold, and iron, as well as some product manufacturing companies …
Coconut Wraps Are Yet At An Introductory Phase But Are Expected To Grow Rapidly In Coconut Flour Market Over The Forecast Period 2030 -FMI
The global Coconut Flour Market is estimated to be valued at USD 2,100 Mn in the year 2022 and is estimated to grow at an unprecedented rate to achieve a value of USD 6,699 Mn by the year 2032 with a CAGR of 12.3% during the assessment period 2022-2032. Key excerpts from Future Market Insights’ latest …