The market for ultrasonic sensors is anticipated to increase from US$5,138.4 million in 2022 to US$13,241.8 million by 2030. During the projected period of 2022–2030, the market for ultrasonic sensors is anticipated to grow at a CAGR of 12.0%. Because they are unaffected by moisture, dust, or filth and because they can be utilised in low-light conditions …
Monthly Archives: November 2022
Submarine Cables Market High State Of Affairs, SWOT Analysis, Business Summary and Forecast 2030
Submarine cables market is forecast to exhibit positive rate of growth between 2020 and 2030. Future Market Insights (FMI) in its recent study has projected the market to reach a valuation of US$ 13 bn by the end of 2020. Growing at an impressive 10.7% CAGR, the market is forecast to reach US$ 36 Bn by …
Virtual Event Platforms Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2028
Future Market Insights’ (FMI) recent study opines global virtual event platforms market to witness staggering growth, on account o As organizations switch to cloud computing and augmented reality in the wake of Industry 4.0, various virtual platforms have come into existence. Their scope has further increased in the past few months, with businesses transitioning to remote working …
Storage as a Service Market High State Of Affairs, SWOT Analysis, Business Summary and Forecast 2030
The storage as a services market is expected to expand exponentially between 2020 and 2030. With digital business interactions becoming the norm, and a large portion of the global workforce operating from their homes, the demand for storage as a service offerings are likely to rise faster than pre-pandemic levels. Delays in hardware supply chains and concerns …
Smart Railways Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2031
Adoption of Big Data and Internet of Things (IoT) in railways are expected to deliver smart travel and trade solutions in the coming decade. Equipped with real-time monitoring and schedule updates, end users are expected to benefit from efficient cargo movement with error-tracking. Unique elements such as wake up call for railway passengers, destination alerts, …
Chlorine Market is Projected to Accelerate at a CAGR of 4.3% to top US$ 21.86 Billion by 2032 | Says FMI Analyst
In 2022, the world chlorine market is estimated at 14.35 billion US dollars. The market is forecast to reach nearly US$ 21,862.3 million by 2032, with an increasing CAGR of 4.3% from 2022 to 2032. Chlorine is yellowish-green in color and exists in a gaseous state at average temperature . It is the second lightest member of …
Cryogenic Pump Market will Reach a Valuation of over US$ 1,979.6 Million towards 2032-end | Says FMI Analyst
The global cryogenic pump market is projected to reach a valuation of US$ 1,979.6 Mn in 2032, with sales growing at a healthy CAGR of 6.7% over the forecast period of 2022 to 2032. Rising from an average growth rate of 4.6% from 2016 to 2021, the cryogenic pump market is likely to reach an estimated US$ …
Acaricide Market to Reach US$ 399.8 Million, Globally, by 2032 at 4.3% CAGR | Says FMI Analyst
The Global Acaricide Market is forecast to be worth US$ 399.8 million by 2032, up from US$ 262.4 million in 2022 and the forecast period achieve a CAGR of 4.3%. In agriculture and livestock, acaricides and acaricides are practical pesticides to prevent disease and protect livestock and crops. A growing population, shrinking arable land and a drive towards environmentally responsible …
Boric Acid Market to Receive Overwhelming Hike USD 1,409 Million in Revenues by 2032 | Says FMI Analyst
The global boric acid market is expected to grow from US$840.7 million in 2022 to US$1,409 million in 2022 Year 2032 will grow at a CAGR of 5.3% over the forecast period. Increasing demand for electricity, increased awareness of energy saving techniques and the rapid pace of urbanization are driving the demand for boric acid. In addition, increasing investment in the glassmaking, cosmetics and construction industries in will be driven by the growing population and purchasing power of emerging economies. Boric …
Cold Insulation Market Worth US$ 14.89 Billion by 2032, Growing at a CAGR of 8.1% From 2022 | Says FMI Analyst
The Global Cold Insulation Market is expected to be valued at $6,835.6 million in 2022, forecasts annual growth of 8.1% worth $14,894.8 million from 2022 to 2032 . The growth is attributed to increased demand in the oil and gas industry. Between 2016 and 2021, the thermal insulation market recorded a CAGR of 5.6%. A technology implemented …