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 …
Monthly Archives: November 2022
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 …
Ship Repair and Maintenance Services Market : Industry Future Set To Massive Growth With High CAGR Value By 2031
As per Future Market Insight (FMI), the ship repair and maintenance services market is expected register year-on-year (YoY) growth of 5.9%, reaching US$ 23.6 Bn in 2021. Ship repair and maintenance services market is set to be valued at US$ 44.3 Bn, expanding at 6.5% CAGR through 2031, according to latest research conducted by Future Market Insights (FMI). Request a Sample of this …
Automotive Wiring Harness Market | Growth Opportunities, Business Insights And Forecast To 2032
Based on the market research conducted by FMI, the automotive wiring harness market is expected to grow at a considerable CAGR of 7.9% through 2032. The automotive wiring harness market is expected to hit US$ 110.78 billion by 2032. The market is valued at US$ 51.79 billion as of 2022, and in 2021 the automotive wiring harness …
Automotive Wheel Rims To Undertake Strapping Growth By The End 2032 | FMI
The market for automotive wheel rims is anticipated to reach US$ 44,944.6 million in 2022 and to rise at a robust 6.20% CAGR from 2022 to 2032, reaching US$ 82,020.5 million by that year. Wheel Rims is outer edge of a wheel, which are designed to hold tyre. Wheel rims must be strong enough to bear vehicle …
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