New Product Development
Future Market Insights (FMI) has published a new research report on automotive seat heaters. According to the report, the global automotive seat heater market demand is projected to witness a CAGR of 6.2% from 2022 to 2028. The market is expected to be worth US$ 922.6 Mn in 2022 and touch a valuation of US$ …
Continue reading “Automotive Seat Heater Market Demand to be worth US$ 1,678.9 Million by year 2028”
The global Wedge Wire Screen market was worth US$ 0.68 billion in 2021 and is expected to grow at a CAGR of 4% to reach US$ 0.71 billion in 2022. The wedge wire screen market is expected to grow in the approaching years because to its high strength, rigidity, and weight carrying capacity. The whole structure is then compressed and made safe …
The global optoelectronic transducers market is expected to be worth US$ 3645.8 million by 2032, up from US$ 2403.5 million in 2022, with a CAGR of 4.3% over the forecast period. Optoelectronic is a critical foundation technology used to encompass electronic devices for the emission, modulation, transmission of light signals. Optoelectronic transducers detect the light …
Over the forecast period of 2022-2032, the global combi cooler market is expected to grow at a 3.7% CAGR, reaching a valuation of more than US$ 332.3 Mn by 2032. The combi cooler market is expected to expand due to rising demand from end-use industries such as oil and gas, chemical, energy and transmission, automotive …
Global aerospace fibre optics market is expected to be valued at US$ 3,998.2 million in 2022, rising at a CAGR of 6.3% to US$ 7,338.2 million between 2022 and 2032. A transparent optical fibre is made of glass threads that are slightly larger in diameter than a human hair. These glass threads can transmit light …
During the forecast period of 2022 to 2032, the global thickness planers market is expected to grow significantly. The increasing use of thickness planers by woodworkers and DIY (do-it-yourself) enthusiasts around the world is driving growth. The market for Thickness Planers is projected to witness robust growth owing to increasing popularity of portable bench-top models Thickness Planers …
The market for woodworking router bits is anticipated to reach US$ 110.7 million in 2022 and is anticipated to grow to US$ 154.2 million by the end of 2029, at a CAGR of 4.8% during that time. In the world market for woodworking tools, router bits represent 14% of the total market. Over the next few years, an increasing trend toward automation in …
The global solar invertor 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 renewables energy will augment the growth in the market. Hig adoption of solar invertors in the residential, commercial, and industrial and utilities will …
From 2022 to 2029, the market for woodworking circular saw blades is expected to generate US$ 50.4 million in revenue, representing a 4.4% compound annual growth rate. By 2029, it is anticipated that shipments of circular saw blades for woodworking will generate a net worth of US$68.3 million. At present, sales of woodworking circular saw blades comprise 8% of the world …
Future Market Insights (FMI) has predicted the ice cream processing equipment sales to grow at over 3.7% CAGR in the next ten years, reaching a market valuation of US$ 2.1 Bn through 2021 & beyond. With the increasing consumption of ice cream and other dairy products, the manufacturing of automated ice cream machinery has increased. Evolving eating habits and demand for innovative flavors …