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The overall submersible pumps market valuation is forecast to top US$ 14.45 Bn by 2031. Borewell submersible pumps will remain highly sought-after. Meanwhile, the sales of openwell submersible pumps will increase at a steady pace, exhibiting growth at a 5.7% CAGR in between 2021 and 2031. Globally, sales in the submersible pumps market are set to be valued at US$ 978.5 Mn in …
Continue reading “Sales Of Submersible Pumps Are Expected To Increase At 5.1% CAGR By 2031 End, FMI”
According to Future Market Insights (FMI), the expansion valves market will register 4.0% CAGR through 2021-2031 as demand grows in residential, automotive, commercial, and other sectors. According to the most recent FMI research, global sales of expansion valves are expected to exceed US$ 10.7 billion in 2021, with a stable long-term forecast. The market is also expected …
In the current market scenario, rising number of construction projects in South East Asian and Latin American countries, and tie-ups with prominent sales channel partners and manufacturing entities for long-term supply, will drive the global crane market. Further, integration of smart solutions and automation in cranes are expected to enhance sales during the forecast period. Strong …
The global building automation system market is expected to grow at a 7.8 percent CAGR during the forecast period. The increasing demand for energy-efficient facilities with enhanced security systems is driving the growth of the building automation system market. Furthermore, advances in wireless communication technologies have reduced the complexity and cost of installing building automation systems …
The global industrial battery chargers market is projected to witness growth at a CAGR of 8.5%, to create an absolute $ opportunity of more than US$ 2.25 Bn in 2022. The sales in industrial battery chargers are expected to exceed US$ 3.67 Bn by the end of 2028. According to a recent market research intelligence presented by Future …
As per Future Market Insights’ analysis, the high speed steel (HSS) tools market is projected to be valued at ~US$ 5.5 Bn in 2021, expanding at a CAGR of ~5.9% over the forecast period of 2021-2031. Industrial advancements across the globe and increasing investments in mechanical equipment are key factors fuelling the demand for HSS tools. The …
Continue reading “High Speed Steel (HSS) Tools Market Will Rise At 5.9% CAGR By End 2031”
A new Future Market Insights (FMI) study forecasts robust growth prospects for the global carbide tools market, prominently driven by fostering rate of adoption for automotive and fabrication applications. Sales in the global carbide tools market are slated to top US$ 7.0 Bn in 2022. Expanding at a healthy 7.2% CAGR, the market size is projected to total US$ 10.7 Bn by 2029. …
The global downstream processing market is slated to touch a value of about US$ 25,800 Mn in the year 2022 and display a robust CAGR during the assessment period. Downstream processing is used to manufacture antibiotics, antibodies, hormones, vaccines and also used for the production of industrial enzymes. In downstream processing, the purification and recovery of …
Molecular imaging is an emerging diagnostic technology that allows visualization, differentiation, and quantify various biological processes occurring inside a living organism at the molecular and cellular level. The global molecular imaging market is estimated to be valued approximately at US$ 4 Bn in 2021, finds Future Market Insights (FMI) in a study. Molecular imaging targets molecular pathways …
As per the findings of the report, the global multiplex biomarker imaging market is projected to experience significant growth over the forecast period, due to growing demand for advanced immunofluorescence techniques that help in better diagnosis and management of tumors at a cellular level. The global multiplex biomarker imaging market was valued US$ 300 Mn in 2018, …
