Mini cranes are used to lift materials in plants and factories where larger cranes are not permitted. Mini cranes are thought to be ideal for transporting materials during the construction of a home. It is their specialty to navigate courtyards and easily access cliff edges, which larger cranes cannot do. According to a study conducted by future …
Monthly Archives: September 2022
According To A Report By Future Market Insights, Inc., Switchgear Market Will Experience The Highest CAGR Of 6.9% From 2017 To 2031
Global Switchgear sales are set to be valued at US$ 72.44 Bn in 2021 and is expected to have a stable long-term projection, according to latest insights from Future Market Insights (FMI). An ESOMAR-certified research and consulting firm. The report has forecast the global switchgear market to grow at nearly 6.9 % CAGR during 2021-2031. The report offers analysis of growth trajectory …
According To FMI, Market For Steel Pipes In America Is Anticipated To Grow At A Moderate 3.3% CAGR Between 2020 And 2030
The steel pipes market in the Americas is expected to grow steadily but moderately, with growth in niche end use sectors such as mining and automotive production. The Americas steel pipes market is projected to rise at a moderate 3.3% CAGR between 2020 and 2030. However, the industry is likely to face challenges in terms of substitute pipe …
Market For Refrigeration Leak Detectors Is Anticipated To Grow At A 3.1% CAGR From 2020 To 2030: FMI
Future Market Insights in its latest market research, the global refrigeration leak detector market is poised to record 3.1% CAGR during the assessment period, 2020-2030. North America is anticipated to register substantial growth in the next decade. The region is expected to create an incremental $ opportunity worth US$ 5.5 Mn by 2030, with the U.S contributing the maximum revenue share. …
By The End Of 2030, Bond Magnet Market Is Projected To Grow At A Healthy CAGR Of 5% And Reach US$3.52 Billion: FMI
The market for bonded magnets is currently estimated to be worth around US$ 2.38 billion, and by the end of 2030, it is expected to grow at a healthy CAGR of 5% to reach US$ 3.52 billion. In 2021, sales of bonded magnets represented an 8% market share worldwide. Rising competition in the electronics industry worldwide is fostering innovations in the material development of lightweight …
Agriculture Equipment Sales Are Anticipated to Reach 6.7 Million Units by 2031: FMI
Agriculture equipment sales are projected to reach about 6.7 Mn units by 2031 due to the growing use of modern farm machinery. The top 5 market players collectively held a 44 percent market share in 2021, as the Agricultural Equipment Market experienced year-over-year (YOY) growth of 3.7 percent between 2020 and 2021. Between 2021 and 2031, the market for agricultural equipment will grow at a consistent CAGR of 4.8 percent. By the end of 2021, the market value is anticipated to reach US$ 65 Bn. Request a Sample PDF@ https://www.futuremarketinsights.com/reports/sample/rep-gb-523 Growing popularity of precision farming …
Fortified Foods Market is Projected to Reach a Value of US$ 234,253.7 Mn by 2031 | FMI
The global fortified food market is projected to reach a value of US$234,253.7 Mn by 2031, growing at a positive CAGR of 6.3% for the forecast period of 2021-2031. Driven by rising health awareness and consumers’ willingness to spend more on fortified food in emerging economies, the fortified food market- valued at US$127,161.0 Mn in 2021- is …
Conveyor System Market Is Anticipated To Grow At A Robust 4.5 Percent CAGR During The Assessment Period: FMI
The market for conveyor systems will continue to expand, and in 2021, it is anticipated that the total market value will surpass US$ 13.7 billion. Between 2021 and 2031, the market’s value will reach at a (CAGR) of 4.5 percent. According to FMI, shipments of conveyor systems are expected to reach 16,000 units by the end of 2031, …
Magnetic Separator Market is estimated to reach US$ 1.3 Bn in 2022: FMI
In 2022, the market for magnetic separators is anticipated to grow to US$ 1.3 billion. The demand in the market is being driven by an increase in the use of magnetic separators to remove undesirable particles during the metal recycling processes across numerous industries. This will cause the market valuation to rise to US$ 1.7 billion in 2029. Over …
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By 2029, Carbon Brush Market Is Anticipated To Be Worth US$3.6 Billion, According To FMI
As per the report, the worldwide carbon brush market is projected to look at exceptional growth throughout the forecast period, as a result of the aspects comparable to rising demand from industrial applications, automotive, and electrical hand tools. The global carbon brush market is expected to exceed US$ 2.7 billion in 2022. The market is expected to reach US$ 3.6 …