New Product Development
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 the Internet of Things (IoT) devices. Therefore, die bonder equipment is extensively used in the manufacturing of …
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The global Cryogenic Systems market is valued at US$ 12.9 Bn in 2021 and is expected to reach US$ 25.5 Bn by 2032, expanding at a CAGR of 6.5% between 2022 and 2032. According to Future Market Insights, market research and competitive intelligence provider, global Cryogenic Systems consumption has increased at a CAGR of roughly 5.1% between 2017 and 2021. The increased demand for Cryogenic Systems across …
Continue reading “Cryogenic Systems Market Set to Witness an Uptick Size USD 25.5 Bn to 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. Furthermore, rising investments in smart cities are …
The Micro-irrigation systems market is expected to grow exponentially by more than 13% CAGR through 2031. Increasing demand for food, particularly in rising economies in Asia and geographical regions generates demand for advanced irrigation technologies, in keeping with insights from the newest study from Future Market Insights (FMI) ESOMAR-certified analysis and consulting firm. The report provides a close …
The market for environmental testing, inspection, and certification was estimated to be worth US$ 15,648.6 million in 2021 and is anticipated to be worth US$ 17873.8 million in 2022. The overall demand for environmental testing, inspection, and certification is also anticipated to grow at a 6.4% CAGR between 2022 and 2032, reaching a total of roughly US$ 33,237.9 Mn by 2032 as a result …
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The size of the global industrial PC market, which surpassed US$ 5 Bn in 2021, is anticipated to increase at a healthy CAGR of 6% between 2022 and 2032, surpassing a valuation of US$ 9.4 Bn by the end of that year. The global industrial PC market is expanding as a result of the increasing demand for industrial PCs from a variety …
Demand for automotive business process management is expected to reach US$ 2,277.0 Million in 2022 and is projected to increase at a CAGR of 11.0% to US$ 6,436.7 Million from 2022 to 2032. Automotive industry has countersigned a long run of success with its ability to effortlessly adapt to changing consumer demands in terms of design and …
Organizations are gradually seeking a need to minimize their time spent in maintaining infrastructure without neglecting the performance, elasticity, and control on its offerings. Hence, the enterprises are switching to private cloud services to get benefited by the flexible managed services and full customization of the private cloud services that they want to choose. These …
The worldwide printed sensors market is guage to be evaluated at US$ 151.2 Billion by 2032, up from US$ 91.8 Billion out of 2022. The printed sensors piece of the pie is projected to observe a CAGR of 5.1% during the estimate time frame. Printed sensors, as a market has gained power in recent times due to …
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By 2032, the market for Power over Ethernet (PoE) controllers is anticipated to be valued at US$ 437.1 million, up from US$ 287.8 million in 2022, growing at a CAGR of 4.3%. Enabling systems to transfer power and data safely to remote devices has necessitated the need for adopting Power over Ethernet (PoE) controllers. In an Ethernet …