New Product Development
The growth of the construction industry has led to a rise in the number of people using the term “hydraulic” in the past few years. According to a recent Future Market Insights (FMI) study, the global hydraulic gear pumps market will reach a valuation of US$ 2.54 billion by the end of the forecast period …
Continue reading “Fluid Power in Motion: Unraveling the Hydraulic Gear Pumps Market 2030”
At a CAGR of 6.7 percent, the global residual current circuit breaker market is expected to reach US$ 3,411.6 million by 2028. In 2022, the industry is expected to be worth US$ 2,305.9 million. The global residual current circuit breaker market grew at a CAGR of 6.5 percent between 2017 and 2021, according to FMI’s …
According to Future Market Insights (FMI), the global pressure reducing valve market is projected to be worth US$3746.9 million by 2033. Global demand for pressure reducing assets is expected to grow at a CAGR of 4.7% during the forecast period. The global market will continue to evolve as pressure reducing technologies are increasingly used in various …
The market is expected to grow by 5.2% per year starting in 2022, reaching a value of US$ 1,948.07 million by 2032. Tool HoldersMarket are required to securely and effectively connect high-speed tools such as drills, taps, and milling cutters to a machine. Germany, the world’s leading manufacturer of machine tools, has made a significant …
The Bariatric Walking Aids Market has experienced remarkable growth in recent years, owing to the rising prevalence of obesity and related mobility challenges. These aids, designed to support individuals with obesity or weight-related mobility issues, have become essential tools in improving their quality of life and promoting independence. This blog delves into the significance of …
The global dry vacuum pumps market is expected to be worth US$ 2.25 billion by the end of 2022 and US$ 3.22 billion by the end of 2028, expanding at a CAGR of 6.1% during the forecast period. Because electronics and semiconductors are becoming more common, the industry is adopting dry vacuum pumps for related …
In recent years, the pharmaceutical industry has witnessed an exciting and transformative development in the field of biologic therapies – the emergence of Remicade Biosimilar Market. Remicade, a widely used biologic drug, has been highly effective in treating various autoimmune diseases such as rheumatoid arthritis, Crohn’s disease, and psoriasis. However, the high cost associated with …
The market for US Hitter-Based Hand Tools is expected to grow at a CAGR of 3.3 % from 2022 to 2028, reaching US$ 687.1 million. Because of the region’s expanding building and DIY industries, FMI has focused on the US market for hitter-based hand tools. It has also been investigated how various drivers, trends, opportunities, …
The market for refrigeration and air conditioning compressors is expected to grow at a CAGR of 3% over the forecast period. The market is expected to be worth US$ 35.1 billion by 2023, and US$ 47.2 billion by 2033. Which End-use Industries are Influencing the Global Market? Several end-use industries influence the global market as …
Medical technology has been transformed by gastrointestinal (GI) endoscopy, which enables doctors to see and identify a wide range of digestive system disorders. Esophagoscopes and gastroscopes Market are two crucial tools in this area. These adaptable, minimally intrusive tools are essential for inspecting the upper gastrointestinal system, stomach, and oesophagus. We will explore the uses, …
