As per the findings of Future Market Insights’ (FMI) report, the diamond core drilling market is projected to experience positive growth over the forecast period. The market is poised to expand at over 6% CAGR on the account of increasing mining and construction activities across the globe. Due to the need for improved infrastructure and to improve economic conditions, governments in …
Monthly Archives: February 2023
Growing Air Traffic and Expansion of Airports to Drive Aircraft Ground Support Equipment Market by 2031
The global aircraft ground support equipment (GSE) market is expected to grow at a CAGR of 6.5% between 2021 and 2031, reaching a market volume of around 27,000 units by the end of 2031, according to Future Market Insights (FMI), an ESOMAR-certified consulting firm. The construction of new airports, combined with increased global air traffic, …
Rising Demand for Seabed Development and Land Reclamation Projects to Drive Dredging Market from 2022 to 2032
Dredging revenues are expected to increase from $15.7 billion in 2022 to $22.3 billion by 2032. According to FMI, the market will grow at a CAGR of 3.7% during the forecast period. Growing global trade and urbanisation projects support growth, assuming that over 70% of trade by volume and 80% of trade by value is …
Automation and Integration of Bulk Material Handling Systems to Drive Market Growth by 2031
Bulk material handling system sales are expected to increase from 13,000 units in 2021 to more than 14,000 units by the end of 2031. According to Future Market Insights, the bulk material handling system market revenue is expected to reach $5.1 billion by 2021. (FMI). The market will grow by 2.10 percent per year in …
Digital Transformation of Oil & Gas Industry to Propel Oil & Gas Terminal Automation Market from 2022 to 2032
The global oil and gas terminal automation market is expected to be worth US$ 1303.1 million in 2022, up from US$ 1258.0 million in 2021. Overall demand for oil and gas terminal automation is expected to grow at a 7.8% CAGR between 2022 and 2032, reaching a value of approximately US$ 2761.6 Million by 2032 …
Rising Adoption of Smart Grids and Renewable Energy Sources to Drive Transformer Monitoring System Market from 2022 to 2032
In 2022, the global transformer monitoring system market is expected to be valued at $2,785.2 million. From 2022 to 2032, it is expected to grow at an 8.9% CAGR, reaching a valuation of US$ 6,539.2 Million by the end of 2032. The transformer monitoring system is a process-oriented system that measures quantities such as voltage …
Explosive Growth of Green Hydrogen Economy to Fuel Water Electrolysis Machine Market from 2022 to 2030
The market for water electrolysis machines is expected to grow at a 7.7% CAGR between 2022 and 2030. The coronavirus pandemic has had only a minor impact on the global market for water electrolysis machines. Innovations in crude oil processing applications will help the market grow. Despite steady growth in the market, high capital costs …
Industrial Robot Controllers Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2029
The global Industrial Robot Controller Market is expected to exceed US$ 909.9 Million by the end of 2022. Growing trend of industrial automation for increasing productivity and declining production time, especially across the electronics and semiconductor industries is favoring the growth in the market. Future Market Insights (FMI), in its recent research study, unveils that the Industrial Robot Controller Market …
Underground Mining Equipment Market High State Of Affairs, SWOT Analysis, Business Summary and Forecast 2031
In a new report, Future Industry Insights (FMI) assesses current changes in the underground mining equipment market and forecasts their impact on market growth between 2022 and 2029. According to the survey, sales of underground mining equipment of US$ 15.9 billion would be recorded in 2022. However, until 2029, the market value is expected to increase at …
Regenerative Medicine Market is expected to reach US$ 85.3 Billion by 2032 | FMI
The global Regenerative Medicine Market is expected to grow at a rate of 23.9% by the end of 2022, with an estimated value of around US$ 9.9 billion, and to reach an estimated value of US$ 85.3 billion by 2032. According to Future Market Insights’ historical analysis, tissue engineering by therapy type will lead market …
Continue reading “Regenerative Medicine Market is expected to reach US$ 85.3 Billion by 2032 | FMI”