The China Industrial hoses market is expected to rise by 5.7 percent year on year in 2021, defying early concerns about how the business would fare during a worldwide pandemic. The entire demand for industrial hoses in China is estimated to reach US$ 548 million metres by 2031. According to Future Market Insights (FMI), the China …
Monthly Archives: March 2023
Glass Reactors Market Outlook, Growth Opportunity & Demand Analysis by 2031
The global market for glass reactor is anticipated to grow at a CAGR of 5.6% over the forecast period 2021-2031, registering sales of 400 thousand units. Despite the challenges posed by COVID-19 outbreak, the market registered 4.6% year-on-year growth in 2021. Expansion of chemical and industrial sectors is propelling demand for glass reactors. Sales of glass reactors will …
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Reverse Osmosis Pump Market Development Trends, Competitive Analysis & Key Manufacturers Report by 2031
The reverse osmosis pump market is expected to exceed US$ 6.1 billion in 2021, owing to rising applications in the oil and gas and water treatment industries, according to FMI. Between 2021 and 2031, demand for reverse osmosis pumps is predicted to grow at an 8.9% CAGR. From 2020 and 2021, the market surged by …
Domestic Booster Pumps Market Outlook, New Business Opportunity & Demand Analysis during Forecast 2022 to 2030
Future Market Insights (FMI) predicts the global Domestic Booster Pumps Market will be US$ 4.63 billion by 2030, increasing at a 7.1% CAGR through 2030. The research credits the market’s expansion to increased consumer awareness of the availability of energy-efficient solutions. Furthermore, the e-commerce industry’s growth is broadening the sales channel for household booster pumps. …
Image Based Barcode Reader Market: Key Players, Applications, Outlook, SWOT Analysis by 2030
Future Market Insights, an ESOMAR-certified research and consulting firm, conducted a new study on the image-based barcode reader market. The growing adoption of Industry 4.0 has accelerated the deployment of advanced technologies such as cyber-physical systems, cloud computing, robotics, artificial intelligence (AI), big data, and autonomous techniques throughout the manufacturing industry. This assists manufacturing firms …
Power Tool Gears Market Comprehensive Shares, Historical Trends & Forecast 2022 to 2030
The global power tool gears market is expected to be worth US$ 5.63 billion by 2022. The increasing use of power tools in the building and construction sector for woodworking and metal fabrication operations is driving market growth. As per Future Market Insights (FMI) states that the demand in the global power tool gears market is …
Turbidimeter Market Development Status, Competition Analysis, Type & Application by 2022 to 2029
According to Future Market Insights (FMI), the Global Turbidimeter Market will grow at a 5.6% year-on-year rate in 2022, reaching a value of approximately US$ 641.8 Million by the end of 2022. The global business is anticipated to witness a considerable value CAGR of 4.0% during the period of 2022 and 2029. “Analyzing turbidity readings …
Conveyor System Market: Overview with Geographical Segmentation & Revenue by 2031
The conveyor system market saw steady growth in 2021 with worldwide revenues up 3.5% year over year. FMI has forecasted the conveyor system market to reach US$ 13.7 billion in 2021 at a CAGR of 4.5%, backed by increasing mergers & acquisitions by Tier-1 companies and the integration of machine learning and the internet of things in material handling solutions. The mining industry’s demand …
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Handheld Ultrasound Scanners Market is expected to reach US$ 1.1 billion by 2032
According to market projections, the global handheld ultrasound scanners market is expected to grow at a compound annual growth rate (CAGR) of 9.1% from 2022 to 2032, with an estimated value of US$ 472.1 million by the end of 2022. By 2032, sales are anticipated to exceed a valuation of approximately US$ 1.1 billion. The …
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Breast Pump Market is expected to reach US$ 2.45 Billion by the end of 2030
It is projected that the breast pumps market will experience a compound annual growth rate (CAGR) of 4.6% during the forecast period from 2022 to 2030, resulting in a market valuation of US$ 2.45 Billion by the end of 2030, compared to US$ 1.72 Billion in 2022. The world of infant feeding has been witnessing …
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