New Product Development
The growth of global shunt reactor market is linearly associated with energy demand worldwide, states a new study by Future Market Insights (FMI). Consumption of primary energy stood globally at 576 exajoules in 2019, with China, the US, and India leading the way. Alerted by increasing carbon footprint, the industrial sector is rapidly investing in renewables, which …
Continue reading “Shunt Reactor Market 2022 | Present Scenario and Growth Prospects 2030”
According to FMI’s recent study, the global heat pumps market was valued at around US$ 32 Bn in 2019 and is estimated to expand at a CAGR of 5% over the forecast period of 2020-2030, with a limited impact of the current pandemic situation on long-term growth forecasts. Increasing demand for tech-advanced cooling solutions with low carbon …
A new study by Future Market Insights (FMI), uncovers hidden opportunities within the global acetone market. Driven by the rising applications across diverse sectors, the market is forecast to reach US$ 6.3 Bn by 2021. Despite a temporary setback amidst restrictions imposed to contain COVID-19, the market will continue showcasing growth at a positive rate between …
Continue reading “Acetone Market 2022 | Scope of Current and Future Industry 2031”
Future Market Insights delivers key insights on the sputter coatings market in a new publication titled “Sputter Coatings Market: Global Industry Analysis and Opportunity Assessment, 2016 – 2026”. The global sputter coatings market is expected to increase with a moderate growth rate of 4.0% to reach a valuation of US$ 4,803.3 Mn by the end of 2016. …
Modular Uninterrupted Power Supplies (UPS) Market Overview Modular UPS is the combination of small modules of the UPS connected in series that enables the user to change any of the failed module without shutting down whole system. Modular UPS enhances power supply capacity and reduces operational and maintenance cost. Additionally the efficiency of a modular …
The global machine condition monitoring market is expected witness a CAGR of 5% between the forecast period of 2020-2030. Growing need to reduce the maintenance cost and unexpected downtime have fuelled the growth of global machine condition monitoring market. Demand for Longer Life of Machine Parts to Sustain Growth for Market Machine conditioning essentially determines the …
The vehicle electrification market is expected to grow significantly in the forthcoming years owing to the inclination of automotive and automobile manufacturers towards the electrified vehicles and the growing emphasis given to environment-friendly alternatives in the automobiles. Vehicle electrification is being adopted by various key players in the automobile industry such as Toyota. The vehicle …
The global market for automotive brake systems is expected to witness a rise of 3% CAGR between the forecast years of 2020-2030. The market is poised to take a hit as COVID-19 disrupts automobile production. Furthermore, economic downturn will also hamper the market in a negative manner in the coming days. Despite the gloomy picture, …
Green UPS Market Overview As the technology evolves, people are now living a better life with all IT convenience at its repose. However, all comforts come at certain costs. Soaring energy costs is significantly impacting the operating expenses of companies. In recent years, the electricity costs has increased considerably. With depleting natural resources, we need …
Body in White Market: Introduction Body in white refers to the phase during automotive manufacturing when the automotive body components/frameworks of the automotive structure are joined together with the help of different techniques, such as riveting, welding, laser brazing, bonding and clinching. Body in white is a term used to refer to the structure before …