Monthly Archives: May 2023

Industrial Transceivers Market Innovations, Technology Growth and Research 2027

Future Market Insights (FMI) published a market report titled ‘Industrial Transceiver Market – Global Industry Analysis 2013-2018 and Opportunity Assessment 2018-2027’ Industrial transceivers are most commonly used in the telecommunication, data management & data processing, and industrial automation sectors. The transmitting component as well as the receiving component are integrated into a single housing and are made …

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Antibodies Market is projected to reach US$ 32.5 Billion by 2033 at a CAGR of 14.5%

The Antibodies Market is anticipated to develop at a CAGR of 13.4% from 2023 to 2033, and it is anticipated to reach US$ 236.9 billion in 2023. By 2033, it is expected that the antibody industry would be worth US$ 834.2 billion. The total market value of the antibodies sector, at US$ 597.3 Billion, is …

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Tritium Light Source Market to grow at a CAGR of 2.5% during Forecast 2023 to 2033, Get Insights FMI

The global tritium light source market is anticipated at US$ 6.6 billion in 2022. The sector is gaining pace as companies provide technologically improved tritium light sources with various integrated technologies. The market is expected to accumulate a valuation of US$ 8.6 billion in 2033, recording a CAGR of 2.5% from 2023 to 2033. The market is likely to secure US$ 6.7 billion in …

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Europe Woodworking Power Tools Market Key Players, Drivers, and Challenges during Forecast by 2030

A recent Future Market Insights report attributes the growth of the Europe woodworking power tools market to the region’s construction and carpentry sectors (FMI). The European woodworking power tools industry, dominated by Germany, the United Kingdom, and France, is anticipated to be valued US$ 363.9 million in 2030. According to the report, the EU is …

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Image Based Barcode Reader Market: Overview, Data Updates, Reports Analysis & Forecast by 2030 | FMI

According to a recent report published by Future Market Insights, the image-based barcode reader market is expected to grow rapidly between 2020 and 2030. Rapid Industry 4.0 adoption has resulted in the deployment of advanced technologies such as robotics, artificial intelligence, and cloud-based computing across the manufacturing sector. Businesses have been able to streamline asset …

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Global Robotic Lawn Mower Market Projected to Surpass US$ 2,721.23 Million from 2022 to 2032: Analysis of Growth Drivers and Opportunities

According to a new FMI market report, the global robotic lawn mower market will grow at a rapid 11.5% CAGR and reach US$ 2,721.23 Million by the end of the forecast year 2022 to 2032. As a result of technological advances and the increasing penetration of artificial intelligence, robotic lawn mowers have become significantly more …

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Global Woodworking CNC Tools Market to Reach US$ 2.60 Billion from 2022 to 2028: Analysis of Key Players, Drivers, and Challenges

According to FMI, the router bits segment will account for more than 40% of total market volume from 2022 to 2028, and the global woodworking CNC tools market will be worth more than US$ 2.60 billion by the end of 2028. MDF is expected to account for one-third of total woodworking CNC tool sales by …

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Woodworking Router Bits Market to Expand at a Steady 4.8% CAGR from 2022 to 2029, Get Insights FMI

The global woodworking router bits market is expected to reach US$ 110.7 million in 2022 and US$ 154.2 million by the end of 2029, growing at a CAGR of 4.8% throughout that time. Router bits account for 14% of the overall market for woodworking tools worldwide. An increasing trend towards automation in many industries is expected to boost …

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Inventory Management Software Market is Expected to Grow at US$ 3,291.1 Million by 2028 | Report by FMI

The Inventory Management Software revenue totalled US$ 1,528.3 million in 2021 and is expected to reach US$ 3,291.1 million by 2028, growing at a CAGR of around 11.2% between 2022 and 2028. By the end of the forecast period, North America is expected to have a sizable market value share. Retailers in the United States are focusing …

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Radio Frequency Integrated Circuit (RFIC) Market Present Scenario and Growth Prospects 2031

The global radio frequency integrated circuits (RFIC) market is anticipated to grow at around 8% CAGR through the period of 2021 to 2031, and reach a valuation of US$ 45 Billion by 2031-end. In the past decade requirement for the RFIC products increased with the growing demand for optical, wireless, and other high frequency consumer electronic products. Radio …

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