Moreover, adoption of Industry 4.0 has influenced manufacturing firms to increasingly turn to asset tracking and monitoring technologies to efficiently track and monitor asset locations and their status. Image based barcode readers are the core devices for such activities. With the high penetration of extremely sophisticated smart phones, QR codes and bar codes are being used as …
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Submersible Pump Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2033
The submersible pumps market is expected to record a year-on-year increase of 4.6% in 2021, with the overall valuation totalling US$ 8.80 Billion in 2021. As per a recent estimation of FMI, sales of submersible pumps are expected to increase at a 5.1% CAGR between 2021 and 2031. According to the study, the overall submersible pumps market valuation is forecast to top US$14.45 …
Power Tool Gears Market 2022 Key Players, End User, Demand and Consumption by 2030
According to FMI’s analysis report, the global power tool gears market was valued at US$ 5.63 Bn in 2021, and is estimated to exhibit a CAGR of 5.1% over the forecast period of 2022-2030, with a strong impact being felt due to the current shutting down of manufacturing industries in emerging markets in the initial period of forecast. …
Automotive Interior Ambient Lighting System Market to grow at a rate of 5.4% between 2022 and 2030
The global automotive interior ambient lighting system market is worth US$ 3.1 Billion as of now and is expected to reach US$ 4.67 Billion by the year 2030 at a CAGR of 5.4% between 2022 and 2030. Ambient lighting does add to the aesthetic appeal of the vehicle. Stylish interior thus helps in visual appeasement. …
Canine Arthritis Treatment Market is projected to reach a valuation of US$ 3.05 Billion by 2028, at a CAGR 4.2%
The global Canine Arthritis Treatment Market size stands at a net worth of US$ 2.39 Billion in 2022. Worldwide demand for canine arthritis treatment medications is predicted to rise at a CAGR of 4.2% and attain a market valuation of US$ 3.05 Billion by 2028. Canine arthritis treatment medicines accounted for 17.2% share of the global rare inflammatory disease treatment market in 2021. Canine arthritis …
IV Poles Market is expected to reach US$ 306.1 Million by the end of 2029
The global IV poles market size is anticipated to be worth US$ 306.1 Million by 2029, with sales increasing at a 3.6% CAGR from 2022 to 2029. The IV poles market is expected to reach an estimated US$ 238.4 Million in 2022, spurred by the rising prevalence of chronic diseases, rapid expansion in the geriatric …
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Automotive Washer System Market Demand to surpass US$ 39.1 billion by 2032 at a CAGR of 5.2%
The automotive washer system market demand was estimated at US$ 22.3 billion in 2021 and is anticipated to grow to US$ 23.5 billion in 2022. Additionally, due to the rapidly growing automotive industry, it is anticipated that worldwide demand for car washer systems would reach US$ 39.1 billion by 2032, growing at a CAGR of …
Radiation Toxicity Treatment Market is anticipated to reach US$ 5.58 Billion by 2029
According to a recent market analysis conducted by Future Market Insights (FMI), the global Radiation Toxicity Treatment Market was valued at US$ 3.76 billion in 2022 and is predicted to reach US$ 5.58 billion by 2029. Installed base of internal radiation therapy machines has tremendously increased over the past decade. Improving reimbursement scenario and favorable …
Electric Motor Horn Market Share Projected to Reach US$ 56.3 Billion by 2032, Says Future Market Insights
The global electronic motor horn market share is anticipated to grow at a robust CAGR of around 5.7% during the forecast period from 2022 to 2032. The global market is expected to be valued at US$ 35.1 Billion in 2022 and reach an estimation of around US$ 56.3 Billion by 2032. Due to increasing public …
Railway Coupler Market Growth to grow from US$ 3,954.7 Million in 2023 to US$ 5,687.2 Million by 2033
In the present year 2023, the total revenue generated by the global railway coupler market growth is estimated to be around US$ 3,954.7 Million. As per the railway coupler market analysis report, from 2023 to 2033, the overall market share is anticipated to register at a CAGR of 3.7% and attain a market size of …