As per a recent report published by FMI, the DC switchgear market is expected to record an average CAGR of 6% during the forecast period. The region’s dominance in the global market is due to the implementation of innovative grid programs by several governments in this region and enormous investments for modernizing electricity transmission and distribution networks. Over the …
Author Archives: editor
Domestic Booster Pumps In Europe Currently Contributes 22.9% To The Global Industry Landscape | Future Market Insights
In a new market study, Future Market Insights (FMI) opines global Domestic Booster Pumps Market to surpass US$ 4.63 Bn by 2030, growing at a 7.1% CAGR through 2030. The document attributes the boom of the marketplace to rising recognition among consumers concerning the provision of strength-green technologies. Furthermore, the growth of the e-commerce enterprise is widening the …
Global Woodworking Circular Saw Blades Market Stands At A Valuation Of US$ 50.4 Mn In 2022
The woodworking circular saw blades market is projected to reach a valuation of US$ 68.3 Mn by the end of 2029, as per the latest report by FMI.The rise in the cost of raw materials such as roundwood and timber has increased manufacturing costs and reduced profit margins. The global woodworking circular saw blades market is expected …
Camping and Caravanning Market is Projected to Rise at a CAGR of ~7.6% in 2030 | Europe Region is Expected to Retain its Dominant Position
The global camping and caravanning market is projected to rise at a CAGR of ~7.6% between 2020 and 2030. According to Future Market Insights, the market will expand steadily. Currently, the majority of nations, including the Philippines, India, Thailand, Brazil, and the United Arab Emirates, are investing considerably in their airports to improve arrival/departure facilities …
U.S. Power Transformer Market Is Expected To Grow At A 3% CAGR By 2031, Future Market Insights Inc.
Future Market Insights (FMI) states that, power transformer market revenue grew by 10% between 2019 and 2021, reaching US$ 21.9 billion in 2021 with a healthy CAGR of 4.6%.The power transformer market grew by 4% year on year in 2021, owing to increased efforts to incorporate modern energy solutions into existing power systems and high demand for …
Walk-In Coolers And Freezers Market Is Projected To Register A CAGR Of 5.6% From 2022-2029
The global walk-in coolers and freezers market is estimated to be worth around US$ 9.52 Bn in 2022. With rising trend of installing customized walk-in coolers and freezers, the overall market is projected to expand at a robust CAGR of 5.7% between 2022 and 2029, reaching a valuation of US$ 14.05 Bn by 2029. Consumer acceptance of frozen and processed foods, as well …
Machine Tool Touch Probe Are Likely To Grow At A Growth Rate Of 3.1% By Volume Over The Assessment Period Of 2022-2028
The global machine tool touch probe market is expected to grow by 3.6 percent year on year in 2022, reaching a value of approximately US$ 615.1 Mn by the end of 2022. Machine tool touch probes are widely used in grinding, turning, and milling for fast, precise, and automatic tool setting and workpiece measurement. It has the …
Global Electric & Hydraulic Wellhead Drives for Onshore Application Market Segmentation and Forecast By 2028 End, FMI
The global electric & hydraulic wellhead drives for the onshore application market was calculable to be around US$ 111.7 million in 2017 and is predicted to register a CAGR of 8.4% over the forecast. The estimated value of the international electrical & hydraulic Wellhead Drives for Onshore Application Market in 2017 is US$ 111.7 Mn, with a …
Sales Of Industrial Magnetrons Are Estimated To Reach Approximately US$ 5.82 Bn In Revenues By 2026-End
Future Market Insights’ recently compiled report projects the global industrial magnetron market to exhibit an above-average growth over the forecast period (2022-2026). Global sales of industrial magnetrons are estimated to reach approximately US$ 5.82 Bn in revenues by 2026-end. China is forecast to account for a significant share in the Asia Pacific Industrial Magnetrons Market between 2022 and 2026, reveals …
Global Gasoline Generator Market Is Estimated To Surpass A Valuation Of US$ 768.8 Mn In 2022
The global gasoline generator market is expected to be worth $768.8 million in 2022, with a healthy growth rate of 3.7 percent from 2022 to 2029. The expanding construction industry is a major driver of this expansion. The global market for gasoline generators is highly competitive, and small players in the market must compete to gain market …