In its recent research, Future Market Insights (FMI) projects the global IoT security product market to register a staggering expansion at 14.9% CAGR through 2027. In 2017, the market will account for revenues worth US$ 12,007.9 Mn, and it is further estimated to reach nearly US$ 50,000 Mn by 2027-end. This growth is primarily attributed to …
Monthly Archives: September 2022
Weather Information Technology Market Analysis, Key Players, Segments & Forecast 2022-2029
The worldwide weather information technology market is set to partake in a valuation of US$ 4,772.7 Mn in 2022, and further extend at a CAGR of 6.1% to arrive at US$ 7,216.3 Mn continuously 2029. New correspondence organizations and figure frameworks, for example, advanced information base determining, nowcasting frameworks, remote correspondence and others are arising and giving …
Between 2022 And 2028, Market For Industrial Vacuum Cleaners Is Anticipated To Expand At A CAGR Of 5.2 Percent.
At a CAGR of 5.2 percent from 2022 to 2028, the market for industrial vacuum cleaners is projected to grow from an estimated US$ 569.1 Mn in 2022 to US$ 771.2 Mn by 2028. Sales of industrial vacuum cleaners currently account for 20% of the global vacuum cleaner market. Pneumatic industrial vacuum cleaners are anticipated to account for about …
According To FMI, Market For Hydrogen Electrolyzers Is Expected To Grow At A CAGR Of More Than 10%.
The market for hydrogen electrolyzers was worth $350.6 million USD in 2021. Sales are anticipated to increase at a CAGR of 24.2% during the forecast period, reaching US$ 3.7 billion by 2032. The market is anticipated to profit from the rising popularity of hydrogen energy over the course of the forecast period. The use of hydrogen electrolyzers is anticipated to increase …
Agriculture Nets Market Expected to Reach CAGR of 5% by the end of 2030
The worldwide agriculture net market will exceed US$1.0 Bn in 2020 and is expected to grow at a CAGR of 5% between 2020 and 2030. There has been a remarkable movement toward increasing crop yield in order to reduce reliance on imports, which has increased demand for farm nets. These nets are widely used in both …
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Market For Noise Control Systems Will Expand At A Rate That Is Greater Than 3.7% Annually: FMI
In a recent analysis, Future Market Insights (FMI) predicted that the industrial noise control market would expand between 2021 and 2031 at a CAGR of more than 3.7%. The following are significant elements that are influencing the industrial noise control market’s expansion: With the growth of the Covid-19 issue, the market for noise control systems experienced a decline. …
Through 2031, Market For Pneumatic Actuators Is Anticipated To Grow At A 5% CAGR
The market for pneumatic actuators is projected to grow at a CAGR of more than 5% through 2031. The need for pneumatic actuators has recently increased dramatically as a result of more applications in numerous industries, including offshore, transportation, and industrial automation, to name a few. Pneumatic actuator market growth was temporarily slowed by the COVID-19 outbreak at the …
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According To FMI, Industrial Valves Market Is Anticipated To Grow At A Consistent CAGR Of 4.2 Percent Between 2022 And 2029.
In 2022, the market for industrial valves is anticipated to be worth approximately US$71.8 billion. The overall demand is anticipated to increase at a moderate CAGR of 4.3 percent between 2022 and 2029, totaling a valuation of US$ 96.2 Bn by 2029, as industrial valves are increasingly used to control the flow of materials. A new market research report by Future …
According To FMI, Pooling Pallets Will Drive Market Growth To $12.9 Billion By 2032.
In 2022, it is anticipated that the global pallet pooling market will be worth US$ 7.1 billion. By 2032, the market is expected to reach US$ 12.9 Bn, with sales expected to grow at a steady 6.1 percent CAGR. Operators of warehouses prefer pallet pooling because it eliminates the need to repair, maintain, and sort individual pallets, saving time and resources. …
According To FMI, Market For Equipment For High Pressure Processing Will Surpass USD 430 Million
The market for high pressure processing equipment is expected to reach a value of more than USD 430 million by 2026, with a volume CAGR of 12.3% and a value CAGR of 13.7% during that time. Due to the launch of new clean label products and growing consumer awareness of their benefits, it is anticipated that the market for high pressure processing …