The global residual current circuit breaker market is expected to reach $3,411.6 million by 2028, at a CAGR of 6.7 percent. The industry is expected to be worth $2,305.9 million in 2022. According to FMI’s most recent research, the global residual current circuit breaker market grew at a CAGR of 6.5 percent between 2017 and 2021. The …
Monthly Archives: April 2023
Machine Mounts Market Is Anticipated To Witness A Considerable Value CAGR Of 5.5% During The Period Of 2022 And 2027
A growing necessity of automation across various industry sectors has proved to be the most valuable force driving the growth of the global machine mounts market. A machine mount is known for its use as a machine isolation device and is placed at the bottom of the machine tool. As global industrial growth reaches new heights, …
Gas Circuit Breakers Sales Are Expected To Grow At A CAGR Of 3.9% By End 2031: Future Market Insights, Inc.
The gas circuit breaker market worth will total US$ 621.2 Mn in 2021, as per Future Market Insights (FMI) analysis. Overall gas circuit breakers sales are expected to grow at a CAGR of 3.9% between 2021 and 2031 in comparison to 3.5% CAGR registered between 2016 and 2020. Some of the market’s leading circuit breaker players are attempting to strengthen their market position by focusing …
Chilled Beam System Market Is Expected To See A Growth Of 5.5% Through 2031 |Says Future Market Insights
According to FMI, the global chilled beam systems market will be worth US$ 308.5 million in 2021. Because of the increasing adoption of chilled beams systems in healthcare facilities, corporate offices, and universities across various countries, the market is expected to grow at a steady pace, with a 5.5 % CAGR. Smart cities, healthcare facilities, and residential and …
Noise Control System Market Is Expected To Grow At An 3.7% CAGR From 2021 To 2031
A new study by Future Market Insights (FMI) finds that industrial noise control market is expected to grow at a CAGR over 3.7% between 2021 and 2031.The FMI report tracks the industrial noise control market for the period 2021-2031. According to the report, the industrial noise control market is projected to grow at 3.9% volume CAGR through 2031. Growing …
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India Electrical Testing Service Market Is Expected To Reach A Valuation Of US$ 296.02 Million By 2032
The market is expected to grow at a healthy CAGR of 4.4% in terms of revenue from 2016 to 2026, owing primarily to the expansion of end users. Electrical testing services are a type of examination that entails a thorough inspection, scrutiny, and diagnosis of critical heavy duty electrical equipment to ensure its operational performance and longevity. …
Food Extruder Market Is Expected To Increase At A CAGR Of Around 3.9% From 2023 to 2033
The food extruder market is forecasted to thrive at a healthy CAGR of 3.9% between 2023 and 2033. The market holds a share of US$ 59.6 billion in 2023 while it is forecasted to cross a valuation of US4 87.2 billion by 2033. The changing lifestyle that fuels the demand for packaged and processed food is pushing …
Laser Cutting Machine Sales Are Projected To Grow With A Growth Rate Of 5.8% Between 2022 And 2032: Future Market Insights, Inc.
The global market for laser cutting machines will increase at a compound annual growth rate (CAGR) of 5.8% between 2022 and 2032, Future Market Insights (FMI) predicts, reaching a valuation of US$ 5,974.1 Mn in 2032. Laser cutting has emerged as a versatile, cost-effective method that delivers extremely high precision as compared to conventional cutting methods for …
Advanced Process Control Market Is Predicted To Be Worth US$ 2.4 Billion By 2026: Exclusive Report by Future Market Insights, Inc.
Global Advanced Process Control market uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the Advanced Process Control market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the market in the upcoming years. According to FMI, the industrial automation industry is expected to have a …
Adtech Market is Likely to Surge at 13.7% CAGR from 2023 to 2033 | Report by Future Market Insights, Inc.
The global adtech market size is set to reach US$ 1007.60 billion in 2023. Overall sales of adtech are estimated to surge at 13.7% CAGR, taking the forecasted market valuation to US$ 3638.25 billion by the end of 2033. The adtech industry is a diverse landscape of companies and products that empower advertisers to efficiently …