Refrigeration compressors find a large number of applications, such as in domestic refrigeration, commercial refrigeration, and in refrigeration systems used in the transportation industry. The major use of a refrigeration compressor is in the process of food preservation. Various refrigeration compressors are available depending upon the type of application, such as in equipment cooling, and …
Monthly Archives: January 2023
Automotive NFC Market Size, Growth Analysis Report, Forecast to 2032
The global automotive NFC market is anticipated to grow at a CAGR of 30.2 percent from 2022 to 2032, reaching US$ 35 billion. In 2022, the market is expected to be worth US$ 3.26 billion, up from US$ 2.5 billion in 2021. The government’s increasing rules requiring the use of Advanced Driving Assistance Systems (ADAS) are anticipated …
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Digital Signage System Market is likely to surpass US$ 55.63 Bn by 2032
The global digital signage system market is estimated to be worth US$ 18.73 billion and expected to reach US$ 55.63 billion by 2032. From 2022 to 2032, the demand for digital signage systems is anticipated to increase at a CAGR of 11.5%. A wired or wireless network connectivity platform enhances the system’s capabilities by allowing it …
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Automotive MEMS Sensor Market Regional Outlook, Trends, Key Companies Profile, CAGR and Forecast 2032
The global market for automotive MEMS sensors is anticipated to reach US$ 2.41 billion in 2022 and to grow at a CAGR of 15% to reach US$ 9.75 billion by the end of the assessment period (2022-2032). The global adoption of technologically improved cars is responsible for the market’s expansion. Automotive Micro-Electro-Mechanical Systems Sensors are computer systems that …
Southeast Asia Submersible Pumps Market 2022 Assessment and Key Insights Analyzed Till 2032
As per Future Market Insights (FMI), the Southeast Asia submersible pumps market is expected to reach US$ 1,076.8 Mn in 2032. It is anticipated to showcase steady growth at a CAGR of 5.5% between 2022 and 2032. In 2022, more than 56.9% of the market share is likely to be occupied by bore well submersible pumps in the region owing to their increasing …
Traffic Sign Recognition System Market to Witness a Pronounce Growth by year 2032
The traffic sign recognition system market size is anticipated to reach a valuation of US$ 37.81million in 2022, according to a recent market analysis by Future Market Insights (FMI). The market is anticipated to expand by a CAGR of 3.5% over the forecast period. Traffic sign recognition systems became more sophisticated and work with great precision in the …
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Microgrid Market is expected to develop at an 11.4% CAGR between 2022 and 2032
The microgrid market size is anticipated to be worth US$ 19.95 billion in 2022 and US$ 32.19 billion by 2032. Between 2022 and 2032, eBook sales are anticipated to grow at a CAGR of 4.9%. The report presents an in-depth analysis of key growth drivers and trends that are likely to impact the market in upcoming …
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Latin America Hydraulic Filtration Market High State Of Affairs, SWOT Analysis, Business Summary and Forecast 2032
Latin America hydraulic filtration market size reached US$ 150.1 Mn in 2021 and it is likely to surpass a valuation of US$ 156.4 Mn in 2022. Furthermore, with rising adoption across various end use sectors, the overall demand for hydraulic filtration products across Latin America is expected to rise at 4.9% CAGR between 2022 and 2032, totaling a valuation of US$ 251.9 Mn by …
Transmission Components Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2032
The global transmission components market is estimated to grow at a CAGR of 5.3% during the forecast period from 2022 to 2032. The market is projected to reach a valuation of US$ 80,279.2 Mn by the end of 2032 from US$ 47,966.7 Mn in 2022. Development of advanced electrical line infrastructure in emerging countries is anticipated to propel the global transmission components …
Wood Chipper Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2032
As per Future Market Insights, the global wood chipper market size is expected to grow from US$ 430.4 Mn to US$ 598.6 Mn by 2032, with overall sales accelerating at 3.4% CAGR throughout the forecast period. The wood chipper market in China is anticipated to expand at 3.7% CAGR during the forecast period of 2022 and 2032. The pulp & paper industry holds a …