In past few years, wireless battery monitoring market has witnessed significant growth rate, and it can be assumed that the organization is still in its early phase in this market. Wireless battery monitoring system provides continuous supply for critical systems and performs preemptive battery monitoring in organizations. It provides the opportunity to exclude any unscheduled …
Monthly Archives: November 2022
Aseptic Fillers Market Advancing at a CAGR of 5.6% during the forecast period: FMI
The global aseptic fillers market is likely to reach US$ 32,301.4 million by 2032, up from US$ 18,734.1 million in 2022, advancing at a CAGR of 5.6% during the forecast period. Sensitive products require sterile packaging that not only protects the product from contamination or leakage, but also follows careful packaging technique, which is exactly met by …
China Elevator Ropes Market is projected to grow at a CAGR of 4.5% between 2022 and 2032 | Future Market Insights, Inc.
As per FMI, the elevator ropes market in China is estimated to be valued at US$ 202.2 Mn in 2022 and is further expected to grow at a CAGR of 4.5% between 2022 and 2032, reaching a valuation of US$ 314.6 Mn by the end of 2032. Rapid growth of building and construction industry coupled with increasing installation of elevators in residential and …
At A 6.7% CAGR, The Compact Power Equipment Rental Market Is Anticipated To Reach US$ 204,453.2 Mn In 2032.
In 2022, the size of the rental market for Compact Power Equipment was estimated to be worth US$ 107,234.1 million. The market’s main growth drivers are anticipated to be the rising market value and variety of applications. Compact power equipment rental as a whole is anticipated to grow at a strong CAGR of 6.7% between 2022 and 2032, reaching a …
Demand for Advanced Integrated Gas Solutions is Being Driven by Industry 4.0-FMI
Integrated gas systems occupy nearly 1/3rd of the volume, as compared to conventional gas delivery systems. Also, unlike gas panels, these do not have a complex gas pipe system. Therefore, it is easy to automate the precise gas flow rates through integrated gas systems, which is the prime requirement in the semiconductor manufacturing process. Large-scale manufacturers …
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According To FMI, Sales Of Full Body Scanners Are Expected To Reach US$ 876.0 Million By 2032.
Full body scanner sales are predicted to reach US$ 311.0 million in 2022 and US$ 876.0 million by 2032, growing at a CAGR of 10.9%. Growth is attributed to increased application in end-user industries. From 2016 to 2021, the full body scanner market experienced a CAGR of 7.0%. Both backscatter X-ray technology and millimetre wave technology are used by …
MENA Commercial Vehicles (Trucks) Market Key Opportunity, Analysis, Growth, Trends 2027
A new report published by Future Market Insights titled ‘Commercial Vehicles (Trucks) Market: Middle East & North Africa (MENA) Industry Analysis 2017 – 2021 and Opportunity Assessment 2022-2027’ studies the performance of MENA commercial vehicles (trucks) market over a 10 year assessment period from 2017 to 2027. The report presents the value and volume forecasts of the MENA commercial vehicles (trucks) market …
Hybrid Vehicles Market : Top Trends and industry overview to watch By 2032
The global hybrid vehicles market is expected to create a lucrative growth opportunity over the estimation period from 2022 to 2032 by registering a CAGR of 21.6%. The market is anticipated to be valued at US$ 192.7 Bn in 2022 and is expected to reach a valuation of US$ 1,362.3 Bn by 2032. According to the historical …
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Cargo Bike Market Share, Growth, Outlook, Analysis and Forecast by 2031
The global demand for cargo bikes is expected to rise at 10.8% year-on-year in 2021 with sales reaching over US$ 900 million. Future Market Insights (FMI) projects the cargo bike market to grow at 11.6% CAGR between 2021 and 2031. With the rise of e-commerce operations, logistical flows are witnessing significant expansion, creating transport and time-sensitive operational challenges. According to a recent report …
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Automotive Repair & Maintenance Services Market Size and Forecast Analysis to 2031
Global automotive repair & maintenance services market is forecast to reach a US$ 544.5 Bn in 2021, with a stable long-term projection, as per the latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The demand for automotive repair & maintenance services declined in 2020 due to the COVID-19 outbreak. However, sales are …