Worldwide hall-effect current sensor market request is expected to be esteemed at US$1128.0Million in 2022, estimate to develop at a CAGR of 9.4%to be esteemed at US$2765.0Million from 2022 to 2032. Development is credited to the rising interest in end-use enterprises like modern mechanization, car, and customer hardware. From 2016-2021 a CAGR of 7.4% was …
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Retail E-Commerce Packaging Market 2022 Research, Segmentation, Key Players Analysis and Forecast to 2027
Retail e-commerce packaging is gaining increased traction owing to expanding e-commerce sector. The cross border shopping has picked up steam and is pushing the growth of the e-commerce sector. This in turn has led to the emergence of innovative packaging solutions, thus giving a boost to the global retail e-commerce packaging market. Several key players in the …
Consumer Appliances Market 2022 Industry Analysis, Segmentation, Key Players, and Forecast to 2029:FMI
Future Market Insights, in its recent survey, states that the sales in the global consumer appliances market are estimated to rise at 4.3% CAGR over the forecast period from 2022 to 2029. As per FMI, Europe is anticipated to remain the most remunerating consumer appliances market, contributing nearly more than 1/4th of the overall sales through 2031. The U.S., Germany, China, …
Medical Device Packaging Market : Notable Developments & Geographical Outlook 2027
The adoption of medical device packaging solutions has witnessed a substantial rise, due to the rise in demand for flexible packaging and microbial packaging worldwide. Additionally, increasing efforts by governments in various countries, especially in developing regions such as South and East Asia, to provide basic healthcare facilities to the middle-class group is estimated to create substantial …
According To FMI, Value Of The Mud Pump Market Is Expected To Nearly Double Between 2021 And 2031
In its latest report, Future Market Insights estimates global mud pumps market to surpass US$ 1.18 Bn by 2031, on the back of broader developments in oil & gas sector. The market will also be influenced by mushrooming of mid-sized companies, especially in North America. For instance, EOG resources, a US company headquartered in Houston, has been extensively dabbling in …
Market For Electrical Enclosures Is Expected To Grow 1.4x Between 2022 And 2028: FMI
By the end of 2022, the global electrical enclosure market is expected to exceed US$ 46.64 billion. The growing use of electrical enclosures in applications such as electricity transmission and distribution, transportation networks, and energy and power is expected to drive market growth. According to a comprehensive study conducted by Future Market Insights (FMI), the global electrical enclosure …
Between 2021 And 2031, Sales Of Centrifugal Pumps Will Increase At A CAGR Of 4.6%: FMI
The Centrifugal Pumps Market is expected to grow favourably through 2021, with a global valuation exceeding US$ 29 billion in that year. According to FMI, global sales of centrifugal pumps are expected to grow at a CAGR of 4.6 percent between 2021 and 2031. The agricultural sector will grow faster than industrial applications, which are …
Retail Printers And Consumables Markets Are Expected To Grow At A Healthy 5.3% And 5.0% CAGR’s, Respectively: FMI
The Global Retail Printers and Consumables Market is expected to grow at a healthy CAGR of 5.3% and 5.0%, respectively, in terms of value from 2017 to 2027, owing primarily to increased application in end-use industries. Xerox Corporation, Sun Chemical Corporation, Siegwerk Druckfarben AG &Co. KGaA, H.P. Development Co., Saati S.P.A, Nazdar Ink Technologies, Canon Inc., DIC Corporation, Eastman …
According To FMI, Substation Automation Market Is Expected To Reach US$ 67.29 Billion By 2031
In 2021, the value of the substation automation market is expected to exceed US$ 37.48 billion. Sales of retrofit conventional substations will increase through 2031 due to high demand. Substation automation will continue to be widely used across manufacturing units. Future Market Insights (FMI) predicts that sales in commercial and civic power utilities, as well as oil and gas …
Lead Acid Battery Market Is Anticipated To Nearly Double By 2031, According To Future Market Insights
The lead-acid battery market is expected to be worth $54.3 billion in 2021. According to Future Market Insights (FMI), lead-acid battery sales will grow at a 5.2% CAGR between 2021 and 2031. According to the study, the total market value will exceed US$ 90.5 billion by 2031. According to FMI, the demand for AGM batteries is expected to rise rapidly, with …