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According to the analysis, the global tritium light source market would increase at a rate of roughly 2.3% between 2021 and 2031. The report analyses 20+ high-growth markets, providing specific information on how the tritium light sources market will progress over the next decade. According to Future Market Insights (FMI), an ESOMAR-certified research and consultancy firm, global …
Continue reading “Tritium Light Source Market Worth US$ 2,721.23 Million by 2032”
Over the forecast period of 2023 to 2033, the market for water electrolysis machines is expected to grow at a CAGR of 7.7%. The coronavirus pandemic has had a minor impact on the global water electrolysis machine market. Innovations in crude oil processing applications will aid market development. Despite the market’s steady growth, high capital costs …
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. The report claims that the EU is stepping up …
The global demand for water treatment system market was valued at US$ 66,094 Million in 2022 and is expected to grow at a CAGR of 6.8% to US$ 111,922 Million by the end of their forecast period. It has become increasingly important to yield more with fewer resources. As the water treatment system market continues to encounter squeezing pressures, …
Continue reading “Water Treatment System Market Size to be worth US$ 111,922 Million by 2030”
According to Future Market Insight’s recently published report, the image-based barcode reader market is expected to grow rapidly between 2020 and 2030. Rapid adoption of Industry 4.0 has resulted in the deployment of advanced technologies such as robotics, artificial intelligence, and cloud-based computing throughout the manufacturing sector. This has enabled businesses to streamline asset tracking and monitoring, …
Continue reading “Image Based Barcode Reader Market Is Expected to reach CAGR of 7% by 2030”
According to FMI, during the forecast period (2022 to 2028), the router bits segment will account for more than 40% of total market volume, and the global woodworking CNC tools market value will exceed US$ 2.60 billion by the end of 2028. By 2028, one-third of all sales of CNC woodworking tools are anticipated to be made …
Due to rising demand in the energy and utilities sectors, the global electric sub-meters market is expected to accelerate to near US$ 12.8 billion by the end of the forecast period. (2022 to 2030). According to a recent Future Market Insights (FMI) report, the market for electric submeters will grow at a promising rate through 2030. The …
Continue reading “Electric Sub-meter Market is Expected to Grow at a CAGR of 3% By The End Of 2030”
The global CBRN protection equipment market will grow at a healthy CAGR of more than 5.5% between 2022 and 2029, according to a new Future Market Insights (FMI) study. Increased government emphasis on military force safety is a major driver of global CBRN protection equipment sales. Because more bioweapons, bioagents, and chemical weapons are being produced, there …
The conveyor system market grew steadily in 2021, with global revenues increasing 3.5% year on year. According to Future Market Insights (FMI), the conveyor system market will reach US$13.7 billion in 2021 at a CAGR of 4.5%, owing to increased mergers and acquisitions by Tier-1 companies and the incorporation of machine learning and the internet of things …
The robotic lawn mower market is expected to grow from US$ 821.76 million in 2022 to US$ 2,721.23 million in 2032. According to FMI, the market will grow at an 11.5% CAGR during the forecast period. As a result of technological advances and the increasing penetration of artificial intelligence, robotic lawn mowers have become significantly more efficient. …