The India power tools Industry is expected to witness increasing demand for industrial power tools as compared to household power tools. Industrial power tools segment is anticipated to contribute over 55.8% in terms of revenue to the market; whereas household power tools segment is expected to account for 44.2% in terms of value share by end of 2016. …
Monthly Archives: September 2022
Solar Micro Inverter Market Is Expected To Expand At An Expected CAGR Of 21.6% By 2026 End
The global solar micro inverter market is expected to reach US$ 488.2 Mn by 2016 end and expand at a 16.6% CAGR over the forecast period (2016-2026). The global solar micro inverters market is expected to grow 11.4 percent year on year in 2016, reaching US$ 488.2 Mn in terms of market value. A solar micro inverter is …
Asia Pacific Excluding Japan Is Expected To Be The Second Largest Market Of Vapour Recovery Units, Holding Over 10.4% Of Share In 2022
The global vapour recovery units market was valued at US$ 805.1 Mn in 2013 and is projected to reach US$ 1,202.0 Mn in 2022. The vapour recovery units market is predicted to grow at a 5.6% CAGR during the forecast period (2022-2028). Demand for vapour recovery units is increasing in the oil and gas industry as they are used to restrict loss of …
Benelux Power Tools Market Segment Has Been Projected To Expand At A CAGR Of 4.4% Over The Forecast Period By 2031 End
Power tools continue to witness steady demand in Benelux, with 10 million units expected to be shipped in 2016, up from 9.8 million units in 2015 – a y-o-y growth rate of 2.5%. The Benelux power tools market was valued at US$ 826.4 million in 2015, and is expected to reach US$ 859.1 million in 2016. Over …
South Africa Centrifugal Pumps Market Is Projected To Expand At A CAGR Of Around 5% Through 2031
Global sales of centrifugal pumps are set to be valued at over US$ 29 Bn in 2021, at a CAGR of 4.6%, from an estimated USD 24.3 billion in 2021. Increasing investments in construction industry attributing to rapid urbanization, and high demand for centrifugal pumps in the agricultural sector are the key factors driving the growth of …
Middle East Conveyor Belts Market, Lightweight Segment Is Projected To Exhibit The Highest CAGR Of 5.0% Over The Forecast Period By 2031 End
Conveyor belts are primarily employed for carrying objects from one point to another. Middle East conveyor belts market is projected to register a healthy CAGR of 4.3% in terms of value during the forecast period (2016–2026). This is mainly attributed to various factors, regarding which FMI offers detailed insights in its report. The material to be transported …
North America Commercial Refrigeration Equipment Industry Holds A Dominant Market Share Of 28.5%
As indicated by a recent research study of Future Market Insights (FMI), the market for commercial refrigeration devices will progress at a moderate CAGR over 2022 – 2029. Sustainable and electricity-efficient refrigeration structures are set to emerge as a norm throughout the end-use industries, which ought to compel manufacturers to boom their investments in R&D and product innovations. …
Global Water Softening Systems Market Estimates And Forecast By End Of 2031 | FMI
As per ESOMAR-certified consulting firm Future Market Insights (FMI) recent market survey, the global water softening systems market is anticipated to expand at a robust 6.5% CAGR between 2021 and 2031, surpassing a market valuation of US$ 10.82 Bn in 2021. Product innovations in systems associated with high efficacy, technological advancements, and durability, as well as growing global concerns about water …
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Sales Of Telecom Tower Power Systems Market Is Expected To Increase At 6.7% CAGR By End 2031
The telecom tower power system market is expected to register year-on-year growth at 5.8% in 2021, with the overall valuation forecast to reach US$ 3.5 Bn. As per a Future Market Insights (FMI) analysis, sales of telecom tower power systems is expected to increase at 6.7% CAGR between 2021 and 2031. According to Future Market Insights, increased demand for telecom tower power …