Global positive displacement pump market is set to be valued at over US$ 2.6 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The food and beverage industry requires food grade pumps and therefore, companies introduced new pumps which adhere to the standards provided by bodies such as the …
Monthly Archives: September 2022
High Demand for Helicopter Fleet to Offer Rescue Hoist Systems US$ 822.3 Mn Opportunity by 2032
According to the latest insights by Future Market Insights (FMI), the global rescue hoist systems market is set to be valued at over US$ 569.8 Mn in 2022. The market is anticipated to expand at over 3.7% CAGR between the assessment period of 2022 to 2032. It is likely to reach US$ 822.3 Mn by …
Automated Material Handling Equipment Market size worth $ 70 Billion, Globally, by 2032 at 9.4% CAGR | FMI
The automated material handling systems market is predicted to increase at a CAGR of 9.4% from 2022 to 2027, rising from USD 28.8 billion in 2022 to USD 45.1 billion in 2027. Due to the commencement of COVID-19, the automated material industry is developing primarily due to increased demand for ASRS in the e-commerce industry. The material handling industry is expected …
Demand For Industrial Air Compressors Market Is Expected To Witness Steady Growth By End 2031, Future Market Insights Inc.
Increased investments in mechanical equipment will pave the way for the industrial air compressor market to expand in the coming years. According to a Future Market Insights (FMI) analysis, the industrial air compressor market is expected to be worth US$ 26.7 billion in 2021. Manufacturers of industrial air compressors are focusing on the development of digitally controlled …
Water Electrolysis Machine Industry Rising Demand for Green Hydrogen in China | From 2022-2030
The market for water electrolysis machines is anticipated to surge ahead at a CAGR of 7.7% over the forecast period of 2022 to 2030. The global water electrolysis machine market has been impacted marginally by the coronavirus pandemic. Innovations in crude oil processing applications will support developments in the market. The market for water electrolysis machines is anticipated to grow a …
Growing Consumption of Automatic Industrial Nailers to Augment Market Growth By 2022-2030
A new study by ESOMAR-certified firm, Future Market Insights, offers detailed insights on key factors likely to influence industrial nailers market in the long run. Global demand for industrial nailers is likely to grow at nearly 8%, with end-users showing a marked preference for cordless industrial nailers. The global industrial nailers market is valued at around US$ …
Asia Pacific Excluding Japan Emerging as a Leading Tunable Diode Laser Analyzer Market
Tunable diode laser analyzers are gaining a wide range of applications across industries such as petrochemical, food & beverage, oil & gas, and energy & utility for identifying the proportion of gases such as carbon dioxide, methane, and water vapors, flare gas, tail gas, and others. These measuring devices makes use of highly responsive and accurate …
Non-destructive Testing (NDT) Inspection Services Market Growing Network of Pipe for Transportation of Oil and Gas Demands Early Detection of Fault Lines
The global non-destructive testing (NDT) Inspection services market is experiencing a spike in revenues as various end users are investing making their methods safe for workers and consumers. Primarily used to identify defects, faults, and cracks, the NDT inspection services play an important role in industries that use machinery for automation. Constant checks ensure evaluation of …
Sales In North America Robotic Lawn Mower Market Will Continue Rising At 12.0% CAGR, Backed By Increasing Demand | FMI
According to FMI’s recent market study, the robotic lawn mower market is projected to progress at a high CAGR of 11.5% and reach a valuation of US$ 2 Bn by the end of the forecast period (2021-2031). Some of the leading robotic lawn mower are focusing on mergers & acquisitions, and partnerships to strengthen their position in …
Asia Pacific Excluding China (APEC) Crane Market Is Likely To Hold Approximately 20.1% Of The Share In 2022 | FMI
In the current market scenario, rising number of construction projects in South East Asian and Latin American countries, and tie-ups with prominent sales channel partners and manufacturing entities for long-term supply, will drive the global crane market. Further, integration of smart solutions and automation in cranes are expected to enhance sales during the forecast period. Sales …