Global respiratory inhaler device shipments are likely to grow at over 4% in 2021, as the medical device industry makes a gradual recovery. Innovation in smart inhaler technologies is likely to be a key focus area, but manual inhalers will still account for 90% of total demand. This stark contrast reflects the status-quo in the global medical …
Monthly Archives: May 2023
High Content Screening Market Size, Share Production & Consumption Analysis With Forecast To 2031
The increasing demand for cell visualization and quantification using advance technique has been enabling growth in the global high content market. As per a study by Future Market Insights (FMI), driven by rising application in pharmaceutical and biotech companies, the market is poised to reach a valuation of US$ 1.5 Bn by the end of …
Computer Aided Engineering Market is Expected to Register a CAGR of 8.3% from 2022 to 2032 | Report by FMI
As per a new report by Future Market Insights, the worldwide computer aided engineering market is supposed to enroll a CAGR of 8.3% by gathering a market worth of US$ 20.19 Billion of every 2032 from US$ 9.1 Billion out of 2022. An outright dollar development worth US$ 11.09 Billion is normal for the computer aided engineering …
Oilfield Communications Market to Reach US$ 6.4 Billion, Globally by 2032 at 5.4% CAGR: Future Market Insights, Inc.
The oilfield communications market is expected to grow at a CAGR of 5.4%, from US$ 3.8 Billion in 2022 to USD 6.4 billion by 2032. Increasing investments in network infrastructure, rising demand for oilfield communications from oil and gas operators to scale the production of mature oilfields, and rising technological advancements for communication across oilfields are expected to drive the adoption of the oilfield communications market. Businesses …
Ensuring Safety: Fire Extinguisher Market Addresses Growing Demand for Effective Fire Suppression Solutions
The global fire extinguisher market is expected to be worth more than US$ 3.6 billion in 2021, rising at a CAGR of 5.7% between 2021 and 2031, according to a Future Market Insights (FMI) report. Increased use of fire extinguishers in the industrial and commercial sectors, as well as the implementation of stringent regulations and building requirements, …
Industrial Valves Market to Witness Exponential Growth, Exceeding US$ 96.2 Billion by 2029
The global industrial valves market is expected to be worth approximately US$ 71.8 billion in 2022. Overall demand for industrial valves for controlling material flow is expected to grow at a moderate 4.3% CAGR between 2022 and 2029, reaching US$ 96.2 billion by 2029. The most common material used to make industrial valves will still be steel. …
Smart Water Grid Market: Accelerated Growth Expected with a 16.8% CAGR by 2032, Revolutionizing Water Management
The global smart water grid market was valued at around US$ 18,664.5 Million in 2021 and is expected to grow at a CAGR of 16.8% to reach US$ 101,248.3 Million by 2032. Smart water grid technology is expected to grow in popularity due to its cost-effectiveness, efficiency, time and energy savings, and dependability. Some of the cutting-edge …
Glass Tempering System Market Gains Momentum, Surpassing US$ 166.5 Million by 2032, Fueling Advancements in Glass Industry
The global glass tempering system market is anticipated to reach US$ 166.5 million in 2032, with market growth expected to stagnate at a CAGR of 3.9% from 2022 to 2032. The market for glass tempering systems, which was valued at US$ 109.5 million in 2021, is anticipated to grow to US$ 113.6 million in 2022. Over the …
Industrial Robots Market Set to Revolutionize Manufacturing, Expected to Reach US$ 55.66 Billion by 2032
A recently published study by FMI expects the global industrial robots market to augment at a 12% CAGR from 2022 to 2032. By the end of the said assessment period, a valuation of US$ 55.66 Billion is expected for the market. Increasing adaption of industrial robots in end user industries such as automotive, food & beverage and pharmaceutical industry is positively influencing the …
Marine Fuel Injection System Market Set to Sail Towards US$ 7,954.2 Million by 2032, Driven by Maritime Industry Advancements
The global marine fuel injection system market is expected to generate US$ 7954.2 million by 2033, up from US$ 5568.6 million in 2023. From 2023 to 2033, the target market is expected to grow at a sluggish CAGR of 3.63%. During this time period, the marine fuel injection system market is expected to grow 1.4 times. The …