The global switched reluctance motors market size was valued at around US$ 499.3 Mn in 2021 and is expected to surpass a valuation of nearly US$ 950 Mn by 2032, exhibiting a robust CAGR of 6.28% during the forecast period (2022-2032). Rising applications of switched reluctance motors in electric vehicles, fuel pumps, electric power steering, vacuum blowers, etc. is pushing the demand for switched …
Monthly Archives: October 2022
Membrane Air Dryers Market Size to Reach US$ 1,200 Mn by the end of 2032: FMI
The global membrane air dryers market size is estimated to surpass a valuation of US$ 1,200 Mn by the end of 2032. The sales on membrane air dryers are expected to top US$ 730 Mn by 2022, exhibiting growth at a CAGR of 6.5% over the forecast period 2022-2032. Increasing adoption of membrane air dryers in pneumatic brakes for automotive vehicles and trains …
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Cold Forging Machines Market will reach a value at US$ 38 Billion from 2022 to 2032: FMI
Global Cold Forging Machines market demand is expected to be valued at US$ 22.16 billion in 2022, rising at a CAGR of 5.5 percent to US$ 38 billion between 2022 and 2032. The increasing use of cold forging machines in the global market can be attributed to the high quality of the products produced, as well as …
Woodworking Circular Saw Blades Market Size to be worth US$ 68.3 Mn by 2029 | Future Market Insights
The woodworking circular saw blades market is projected to reach a valuation of US$ 68.3 Mn by the end of 2029, as per the latest report by FMI. Surge in the cost of raw materials such as round wood and timber has increased operational costs and reduced profit margins for manufacturers. From 2022 to 2029, the market …
Weatherization Services Market Is Expected to reach US$ 43.8 Bn by the end of 2028 | FMI
The global weatherization services market value to grow with a year-on-year growth of 4.0%, reaching US$ 35 Bn by the end of 2022. Weatherization enhances energy efficiency while lowering energy usage, saving money on energy bills and improve the comfort of home. According to the report’s findings, the market is expected to grow steadily over the forecast period, driven by rising …
Contact Lenses Market to Achieve A High CAGR Of 4.6% During Forecast Period -2029
The global contact lenses market size is set to reach US$ 12.5 Bn in terms of revenues by the end of 2029. A new Future Market Insights (FMI) study reveals that the contact lenses market will see a moderate CAGR over 2029. Soft contact lenses are the most prescribed contact lenses, while toric lens designs are significantly gaining …
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Card Printer Ribbons Market to Hit US$ 997 Mn By The End Of The Year Of Assessment (2028) | FMI
The global card printer ribbons market size is projected to expand at a CAGR of 4% over the forecast period of 2022-2028. In 2021, sales of card ribbon printers reflected a value of US$ 759 Mn, which is predicted to top US$ 997 Mn by the end of the year of assessment (2028). Future Market Insights has come up with a strong research …
Tennis Equipment Market Research Report Predicts the Industry to Attain a Revenue of US$ 10.8 Bn by The End of 2029
The global tennis equipment market size is likely to reach US$ 9 Bn in 2022. According to the report, the tennis equipment market is projected to expand at a CAGR of ~2.9% during the forecast period. Racquets are expected to contribute the highest revenue share in the global tennis equipment market in 2022. In recent years, increasing number of women participation …
Cosmetics ODM Market is Expected to Reach a Valuation of Over US$ 12,029.6 Mn
The cosmetics ODM market size is expected to surpass a valuation of US$ 12.02 Bn through 2021, likely to surge at a vigorous 6.2% CAGR during the assessment period. This growth is majorly driven by the expansion of the urban population across the globe, characterized by the urban upper class and high net worth individuals. A new …
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Get Business Insights on the Cleanroom Technologies Market for 2032
The cleanroom technologies market study conducted by Future Market Insights is projected to expand at a CAGR of 6% to US$ 13.29 Bn by 2032, up from US$ 7 Bn in 2021. The rising demands for sterilized pharmaceutical formulations and the growing demand for medical device cleanrooms are driving this cleanroom technologies market growth. In the subsequent years, technological advancements in cleanroom technology and rising demand for …
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