New Product Development
The Global Sales Of Electrical Steel Are Set To Be Respected At Over US$ 37.5 Bn In 2021, With A Steady Long-Term Prediction, According To The Latest Insights By Future Market Insights (FMI). The Report Estimates The Market To Grow At Over 6.5% CAGR From 2021 To 2031. According to the annual market analysis performed by Future Market Insights, the growth …
Continue reading “Electrical Steel Sheets Market is expected to reach US$ 70.5 Bn by 2031”
The Centrifugal Pumps Market is anticipated to grow favourably through 2021, with the estimated global valuation expected to surpass US$ 29 billion in that year. Sales of centrifugal pumps are expected to grow at a 4.6% CAGR between 2021 and 2031, according to Future Market Insights (FMI). The agricultural sector will experience faster growth than industrial applications, which are predicted to …
In recent years, the variable frequency drives (VFD) market has seen significant growth, owing to increased opportunities for infrastructure development in emerging regions, which has boosted demand for heating and ventilation systems. VFD development is currently shifting toward offering industry-specific solutions with the goal of lowering costs and reducing operational downtime, prompting a slew of manufacturer innovations. …
As per ESOMAR-certified consulting firm Future Market Insights (FMI) recent market survey, the global water softening systems market is anticipated to expand at a robust 6.5% CAGR between 2021 and 2031, surpassing a market valuation of US$ 10.82 Bn in 2021. Product innovations in systems associated with high efficacy, technological advancements, and durability, as well as growing global concerns about water …
The telecom tower power system market is expected to register year-on-year growth at 5.8% in 2021, with the overall valuation forecast to reach US$ 3.5 Bn. As per a Future Market Insights (FMI) analysis, sales of telecom tower power systems is expected to increase at 6.7% CAGR between 2021 and 2031. Report Attribute Details Estimated Base Year Value (2022) US$ 4.53 Bn …
According to the report, the silicon anode battery market is expected to surpass US$ 2.09 Bn by 2031. Applications of these batteries are rising steadily across industries, as a replacement anode for graphite. Applications in automotive and consumer electronics will drive silicone anode batteries sales, finds Future Market Insights (FMI) in a new study. Its application within …
The Global Machine Mounts Market to grow with a year on year value growth of 5.4% in 2022 reaching a value of about US$ 1,752.5 Mn by 2022 end. Machine Mounts is significantly used for fast, precise and automatic tool setting and workpiece measurement in grinding, turning and milling. It has the potential to cut setup time while enhancing dimensional accuracy. The …
Demand in the Industrial Hearables Market is projected to increase at a robust 7.8% CAGR between 2022 and 2026. Future Market Insights (FMI) forecasts the market value to top US$ 991.5 Mn in 2026. Industries are the potential area in which hearable technology is evolving on a larger basis which helps in augmenting hearing and improves the hearing faculty over the …
Continue reading “According To FMI, Industrial Hearing Aids Market Would Grow At A 7.8% CAGR”
Extruder and compounding machine sales are projected to reach $14.47 billion USD worldwide in 2022. Due to the growing use of extruders and compounding machines across numerous industries, the overall market is anticipated to grow at a steady CAGR of 4.7% between 2022 and 2027, surpassing a valuation of US$ 18.21 Bn by that year. Rapid industrialization and a rise …
In 2022, sales in the global market for retail printers are anticipated to reach US$ 3.8 billion. The market is anticipated to grow at a healthy 6.7% CAGR and reach US$ 4.9 Bn by 2026. Retailers are focusing on providing a personalised experience to their customers as the competition in the retail sector heats up. This streamlines their activity in the …