By the end of 2021, the mud pump market is anticipated to expand at a CAGR of roughly 3.4%. Mud pump sales are increasing as exploration activities increase to meet the soaring demand for energy in various regions. Due to the smooth operation, low vibration, and low noise of electric mud pumps, demand will continue …
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Market For Industrial Noise Control Worldwide Is Anticipated To Expand At A CAGR Of 4.6% Through 2028
Over 152 million units of industrial noise control systems were sold in 2021, totalling a market value worth US$ 4.8 billion. A new study by Future Market Insights (FMI) finds that industrial noise control market is expected to grow at 3.7% y-o-y in 2022. The global industrial noise control sales were valued at around US $5,529.1 Mn at the end of …
By 2031, Flexible Machine Concepts Will Spur The Growth Of The Fibre Laser Market | FMI
Traditional operations used for machine marking, such as chemical etching and ink-based printing, are expected to be replaced by automation in the fiber laser market. They are simple to use, and digitization has reduced their size, making them ideal for high-power applications. These factors are expected to drive fiber laser sales in the coming decade. Increasing …
Market Demand For Hydraulic Gear Pumps During The Predicted Period By 2030
A recent Future Market Insights (FMI) study projects a steady growth outlook for the global hydraulic gear pumps market, reaching the valuation of US$ 2.5 Bn at the end of forecast period. Hydraulic gear pump sales continue to grow strong with the construction industry’s growth, sustained automobile sales, and adoption by mining industry operators. Greater emphasis …
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Demand In Japan Stainless Steel Welded Pipe Market Is Expected To Accelerate In 5.2% CAGR By End 2031
Global stainless steel welded pipe market is expected to reach US$ 16.36 Bn in 2021 with a stable long-term projection, according to latest insights from Future Market Insights, an ESOMAR-certified research and consulting firm. The report offers analysis of 20+ high-growth markets, providing detailed insights on the stainless steel welded pipe market’s growth in the next decade. …
Popularity of Dry Vacuum Pumps Market Rising on Account of Low Oil Contamination Aspect | Forecast 2022-2028
The global dry vacuum pumps market is projected to increase from a valuation of US$ 2.25 Bn in 2022 to US$ 3.22 Bn by 2028. Dry vacuum pumps are predominantly used in end-use industries, such as electronics and semiconductors, and pharmaceutical and chemical industries. There is a continuous thrust on renewable power production across the globe, in the wake of global warming …
U.S. Hitter-Based Hand Tools Market Is Anticipated To Exhibit A CAGR Of 3.4% Between 2022 And 2028
The hitter-based hand tools market in the United States is expected to grow by 3.3 percent year on year in 2022, reaching a value of approximately US$ 562.1 Mn. Hitter-based hand tools includes hitting and striking hand tools, such as hammers, axes, mallets, shovels and crowbars. Growing demand in households coupled with increasing number of do-it yourself …
U.S. Electrical Testing Services Market To Remain Highly Lucrative Through The Forecast Period By 2031 End
Electrification efforts of emerging economies are providing a progressive platform to electrical testing services market. The developments in electricity infrastructure of the countries is thriving at rapid pace, and the move is intended to provide affordable and uninterrupted electricity to different parts across the globe. This also demands installation of power transmission equipment such as transformers, …
Activated Carbon Scrubber Remains Highly Sought After For Odour Control In China Market | Forecast 2022-2029
The newest market research study by Future Market Insights on odour control system includes the global industry analysis for 2014–2021 and market forecast for 2022 – 2029. The study observes the odour control system market and offers detailed perceptions for the forecast period of 2022-2029. According to the analysis and study done in the report, the global …
By The End Of 2031, Sales Of Telecom Tower Power Systems Are Anticipated To Grow At A 6.7% CAGR | FMI
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. 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. The expansion of telecom infrastructure facilities to cover …