New Product Development
Artificial intelligence (AI) and machine learning (ML) are keystones enabling expansion of the remote construction market. Future Market Insights (FMI) in its recent study forecasts immense possibilities for the market between 2020 and 2030, projecting it to rise at a CAGR of 14.2% during this period. An increasing number of companies are using modern technologies such …
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The global ultrasonic sensors market is estimated to register a CAGR of 12.0% during the forecast period of 2020-2030. Ultrasonic sensors are widely used in robotics as these sensors are not affected by moisture, dust, and dirt and are also used in a dark environment since the light does not affect the sensor’s detection ability. Furthermore, use …
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The demand for stress management in recent years has upped the search for meditation methods, creating a lucrative ground for entry of mindfulness mediation applications. Today, these applications, that come with a promise of anxiety control, have become a serious business worth billions of dollars. A boom of wellness–oriented lifestyles have become a profitable arena …
Future Market Insights predicts that the global telehealth software market will surge at an impressive CAGR of 17% between the forecast years of 2020 and 2030. Use of information and communication technologies in support of healthcare delivery is poised to become indispensable. The adoption of telehealth software is transforming the healthcare delivery phenomenally. With remote monitoring, wireless …
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The penetration of smartphones, tablets, and other mobile devices is increasing rapidly, which is creating growth opportunities for the mhealth solutions market. mHealth has a wide range of uses, from chronic care management to complex population health analysis. Moreover, the increasing shift toward outcome-based delivery and a patient-centric model is creating rapid demand for mHealth for …
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In a recent market study, ESOMAR-certified consulting firm Future Market Insights (FMI) projects the global air transport MRO market to reach US$ 72.6 Bn in 2021. With gradually increasing air travel and cargo transport rates, the market is poised to exhibit a 4.8% CAGR during the assessment period. Sales of air transport MRO services witnessed a downturn in 2020 due to …
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The coconut wraps are yet at an introductory phase but are expected to grow rapidly over the forecast period. As the millennial, keto lovers are taken away by storm and extensively demanding the coconut wraps as they are becoming very popular as an alternative to tortilla. The consumers looking for low carb or an alternative …
According to ESOMAR-certified consulting firm Future Market Insights’ (FMI), the global emission control catalyst market is projected to rise at above 10% CAGR, surpassing the market valuation of US$ 20.06 Bn during the forecast period 2021-2031. As per Future Market Insights (FMI) analysis, the global emission control catalyst market is anticipated to expand at a 6.50% compound annual growth rate (CAGR) during …
On the backdrop of growing power transmission requirements in off road vehicles and material handling systems, Future Market Insights projects a promising growth outlook for the global hydrostatic transmission market for the next decade estimated at a CAGR value of over 5.9% during 2021-2031. By capacity, in terms of value, medium duty segment will continue to represent …
Consumers facing many health problems are now finding organic sweeteners a more viable and favourable option for them. This change in the preference of consumers has added fuel to the growth of use and interest in organic stevia-based sweeteners in the market. Stevia is an herb native to Latin America. High-grade organic stevia sweetener is …
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