In 2021, the market for electrical testing services experienced year-over-year growth of 6.3%. Between 2021 and 2031, it is anticipated to increase at a CAGR of 7.1 percent, reaching US$ 13.4 Bn by the end of the assessment period. By 2020, the market accounted for roughly 15 to 18% of the entire testing, inspection, and certification market. In the same year, …
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According To FMI, Market For Silicon Anode Batteries Would Expand At A 21.5 Percent CAGR Until 2031
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 …
From 2022 To 2029, Market For Synchronised Condensers Is Anticipated To Expand At A CAGR Of 8.2%
The global synchronous condenser market reached approximately US$ 1.01 Bn in 2022, growing 7.9 percent annually. But due to increased synchronous condenser adoption across a range of end-use industries, the market as a whole is projected to grow at a strong CAGR of 8.2% between 2022 and 2029, reaching a valuation of US$ 1.76 Bn by that year. As per the key …
According To FMI, Market For Sulphur Recovery Technology Is Expected To Surpass US$ 2.7 Billion By 2031
Newly released data by Future Market Insights (FMI), projects that the sulphur recovery technology market will reach a valuation of US$ 1.2 Bn by 2021 and is expected to grow at a compound annual growth rate (CAGR) of 11% from 2021 – to 2031. The increasing production of shale gas will accelerate the growth with top market players holding 2/5th of sulphur recovery …
Market For Odour Control Systems Is Predicted To Grow At A Moderate Rate Of 4.7 Percent
According to estimates, the global market for odour control systems will be worth $1.19 billion in 2022. The overall sales are expected to increase at a moderate CAGR of 4.7 percent between 2022 and 2029, reaching US$ 1.57 Bn by 2029, due to the increasing adoption of odour control systems for improving air quality levels across a variety of industries. According …
Aircraft Ground Support Equipment Market Exhibiting Demand At A CAGR Of 6.5%-FMI
According to Future Market Insights’ (FMI’s) most recent analysis, the market for aircraft ground support equipment will grow at a 6.5 percent CAGR between 2021 and 2031. By the end of 2021, the market is expected to be worth US$ 9.7 billion. A further prediction made by FMI is that the sales of ground support equipment for airports will surpass …
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Sales Of Centrifugal Pumps Will Grow At A CAGR Of 4.6% Between 2021 And 2031, According To FMI.
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 …
LED Lights Market Current and Future Demand, Analysis, Growth & Forecast 2022-2032
The LED Lights market is expected a CAGR of 14% during the gauge time frame, up from US$ 76 Bn in 2022 to arrive at a valuation of US$ 161 Bn by 2026. Sales of LED Lights are expected to rise as usage of energy-efficient lighting solutions is exploding. In addition to this, demand for LED Lights is …
Video Intercom Device Market Research, Segmentation, Key Players Analysis & Forecast by 2027
The worldwide video intercom device market is supposed to enroll a CAGR of 13.1% during 2017 – 2027, with North America, Western Europe, and APEJ representing striking offers toward the figure time frame’s end. FMI has conveyed the critical experiences on the worldwide video intercom device market in its report named “Video Intercom Device Market: Global Industry …
Smart TV Market Key Players, End User, Demand & Consumption by 2031
With the surge in the need for smart TVs, leading manufacturers have now shifted their focus on technologies that cater to multi-functional consumer needs. Future Market Insights (FMI) in its latest study has forecasted the smart TV market to rise at a CAGR of ~24.7% between 2021 and 2031. Innovations are transforming the television industry by …
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