The global truck mounted cranes market is expected to reach US$ 2,420.0 Mn in 2022, growing at a CAGR of 4.5% from 2022 to 2032, according to Future Market Insights. It is likely to be valued at US$ 3,769.7 Mn in 2032. Truck-mounted cranes play a significant role in the construction, infrastructure, mining, and automotive industries. The demand for novel equipment in the …
Monthly Archives: November 2022
Market For Industrial Solar Water Heaters Registered A CAGR Of 3.7% | Exclusive Report by Future Market Insights, Inc.
The market for industrial solar water heaters is anticipated to reach a market value of US$ 1,138.9 Million by 2032, growing at a CAGR of 3.7% over the forecast period of 2022-2032. The market is anticipated to reach a market value of US$ 791.8 Million in 2022. Growth of the industrial solar water heaters market can be attributed to the …
Die Bonder Equipment Market to be US$ 6.0 Billion by [2022-2032] | Future Market Insights
Demand for Die Bonder Equipment is projected to reach US$ 4.2 billion in 2022 and to increase to US$ 6.0 billion between 2022 and 2032 at a CAGR of 4%. Growth is being fueled by an increase in the use of stacked die technology in Internet of Things (IoT) devices. Therefore, die bonder equipment is extensively used …
Synthetic Camphor Market: Overview, Data Updates, Reports Analysis & Forecast | FMI
The global synthetic camphor market is predicted to be worth US$ 322.3 million by the end of 2018 and US$ 571.6 million by the end of 2028, expanding at a 5.9% CAGR during the forecast period. Between 2018 and 2028, the global market is expected to generate incremental opportunity worth US$ 249.3 Mn. Traditionally, the …
Industrial Cleaners Market to be worth US$ 32.45 Bn by 2028, Get Insights FMI
The industrial cleaners market is highly fragmented owing to the presence of a large number of global and domestic players who are leveraging product differentiation to stay ahead in the game. Improved aesthetics and fragrance coupled with innovative production processes to increase product shelf life is pushing revenues in the market for industrial cleaners, as elucidated in …
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Rising Preference for Cost Effective Inverters in India Will Spur Demand for Solar Inverters Market
The global solar inverter market is set to reach a valuation of US$ 11 Bn in 2022. Sales in the market are forecast to increase at a 6% CAGR over the forecast period. Increasing usage of solar panels and renewable energy will augment the growth in the market. Hig adoption of solar inverters in the residential, commercial, industrial and utilities …
Di-electric Gases Market to grow at a rate of 7.6% by 2031 | Get Customized Reports
Surge in demand for SF6 gases from the power industry is expected to remarkably contribute towards the expansion of the di-electric gases market, finds Future Market Insights (FMI) in a study. According to the report, the market is forecast to exhibit 7.6% CAGR by 2031. Growth will continue especially as the demand from power utilities continues …
Surge Arrester Market Overview by Product Type, End-Use, Application, Voltage & Region And Forecast 2022 – 2032 – FMI
The global surge arrester market is expected to reach US$ 1.5 billion in 2021, representing a 4.1 percent year-on-year increase. Surge arrester sales are predicted to grow at a CAGR of 5.0 percent, reaching a valuation of US$ 2.6 billion by 2032. Growth can be ascribed to rising global energy demand, growing industrialization, and improved urban infrastructure. …
According To A Thorough Research Report By FMI, The Automated Parcel Delivery Terminals Market Will Reach US$ 2 Billion By 2032
According to industry estimates, the global market for automated parcel delivery terminals will reach US$ 720 Million by 2022 and is expected to reach US$ 2 Billion by 2032 while recording a CAGR of 10.9% during the forecast period from 2022 to 2032. With a growing demand for more deliveries and increasing pressure for shorter response times, …
Magnetic Drive Pump Market will grow at a CAGR of 5.3 percent by the end of 2031 – FMI
According to a recently published report by Future Market Insights (FMI), the demand for magnetic drive pumps is expected to increase by 4.4% YoY in 2021, with shipments expected to reach 822,539 units. According to FMI, sales of positive displacement pumps increased by 4.5% to reach 390,000 units, while sales of centrifugal pumps increased by …