New Product Development
Global sales in the telescopic masts market are projected to be valued at over US$ 374.0.8 Mn in 2022, expanding at a 4.9% CAGR over the forecast period. According to Future Market Insights (FMI), increasing usage of telescopic masts in the military sector is driving the market. Military vehicles are equipped with small portable telescopic or pneumatic masts for …
Continue reading “By 2032, Market For Telescopic Masts Is Expected To Reach $603.1.1 Million”
As per a recent market survey by Future Market Insights, sales in the global shot blasting machine market are expected to increase at a healthy 5% CAGR, reaching a valuation of US$ 1.8 Bn in 2031. Shot blasting machines play a vital role in the metal industry. With increasing demand from industries such as aerospace and automotive, sales will rise across …
Continue reading “Shot Blasting Machine Industry Is Anticipated To Grow At A 5% CAGR-FMI”
The market for water pumps in Europe is predicted to grow annually (YoY) by 3.8% to reach $8 Bn in 2021. According to the study, between 2021 and 2031, the demand for water pumps in Europe will grow at a 3.6% CAGR. Axial and mixed flow water pump sales will increase by over 4.3% CAGR in the …
Continue reading “Europe Water Pumps Market Will Expand At A CAGR Of More Than 3.6 Percent”
Global sales of traction motors reached around 11.7 Billion in 2022. The overall demand is projected to increase at a CAGR of 13.0% between 2022 and 2032, surpassing valuation of 30.0 Billion by 2032. Growth registered in the traction motors market is attributable to the increasing demand for high performance motors from diverse industries such as automotive and electric & electronics. Additionally, the …
The European wood pellet heating systems market was valued at US$ 5.33 billion in 2022 and is expected to grow at a CAGR of 3.6 percent between 2022 and 2029. This expansion is primarily driven by rising demand for wood pellet heating systems in the commercial, residential, and industrial sectors. Wood pellets, particularly in Europe, have emerged …
The global water treatment market is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights. Growth in the global water treatment market is expected to be driven by increased demand for potable water, changing government …
As per Future Market Insights (FMI), the demand in the global industrial robot controller market is projected to surge at a robust CAGR of 8.9% during the forecast period 2022-2029. As in line with the findings of the document, the global commercial robot controller market is anticipated to peer significant boom over the forecast length, set in movement by means of …
As per the report, the worldwide carbon brush market Demand 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$ …
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Between 2022 and 2029, the market for CBRN protection equipment is expected to grow at a CAGR of 5.5 percent. According to Future Market Insights (FMI), the market for CBRN protection equipment will be worth US$ 8.3 billion by 2029. Greater emphasis of governments on enhancing safety of military forces constitutes a major push to global sales of CBRN protection equipment. Increasing production of bioweapons, bio-agents, as well as chemical weapons has strengthened the demand for CBRN filtration systems, integrated COLPRO systems, and decontamination shelter systems. Demand for personal protective equipment such as gloves, boots, body …
Witnessing the industry’s much-anticipated shift from the traditionally preferred gypsum board to sustainably superior spray foam, the global air barrier market value will exceed US$ 16,932.8 Mn by 2022 end. A recent research study by Future Market Insights (FMI) suggests that the overall growth of the market for air barriers will be moderate during the period forecast, 2022 – …