Growing demand for air compressors in the petrochemical industry for production processes is expected to fuel medium voltage drives market growth. As power consumption varies with load size, installing MV drives that produce significant energy-saving effects can save a significant amount of energy. In 2021, the medium voltage drives market was valued at more than USD 1.5 billion, and it is expected to grow …
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Micro Inverter Market Outlook Pricing Strategy, Industry Latest News, Top Company Analysis, Research Report Analysis and Share by Forecast 2029
With an estimated CAGR of 9.6% during the projected period, the micro inverter market share is expected to reach US$ 4.36 Billion by 2032 from US$ 1.55 Bn in 2021, finds a recent report published by FMI. Furthermore, the study finds that the rising demand for solar micro inverters technology proportionately reflects the adoption of micro inverters in emerging nations. Attribute Details …
Green Ammonia Market 2022 Outlook, Current and Future Industry Landscape Analysis 2032
According to a recent green ammonia market report by Future Market Insights (FMI), the green ammonia market is anticipated to advance at a phenomenal rate of 90% over the forecast period 2022-2032. At the regional level, the green ammonia market share has a small number of manufacturers. The study on green ammonia market finds that the solar and wind energy have advanced at a …
Oil and Gas Hose Assemblies Market Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities Till 2030
As per Future Marketing Insights (FMI), the global oil and gas hose assemblies market is anticipated to expand at a CAGR of 4.3% during 2020-2030. The market is mainly fueled by growing investments in oil & gas projects. The surge in demand for high-pressure hose assemblies all over varied industries such as chemical, agriculture, oil & gas, …
Solar Pumps Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2029
FMI has released a new market research study on the solar pumps market that includes global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates the solar pumps market and provides critical insights for the forecast period of 2019-2029. As per the study, the solar pumps market is projected to experience generous growth throughout the forecast …
Intelligent Pigging Services Market Top Scenario, SWOT Analysis, Business Overview, Forecast to 2029
The latest market research study by Future Market Insights on intelligent pigging services includes the global industry analysis and opportunity assessment for 2029. The study observes the intelligent pigging services market and offers thorough insights for the forecast period of 2029. According to the analysis and study done in the report, the global intelligent pigging services market …
The market for AI-enabled testing tools is anticipated to grow at a stellar 16.9% CAGR between 2022 and 2030
The latest analysis from Future Market Insights (FMI) projects that through 2030, the global market for AI-enabled testing tools will increase at a CAGR of over 13%. AI-Enabled Testing Tools Market Size (2022) US$ 364.5 Mn Sales Forecast (2030) US$ 1.27 Bn Global Market Growth Rate (2022 to 2030) 16.9% CAGR Share of Top 5 Players …
Remote Desktop Software Market 2022 Growth Opportunities, Top Players, Regions, Application, and Forecast to 2030
The Remote Desktop Software Market is currently valued at US$ 2.31 Bn in 2022 and US$ 5.9 Bn in the year 2030, likely to surge at a vigorous 12.4% CAGR during the assessment period 2022 – 2030. The report attributes the growth of the market to continual demand in IT and telecommunication sectors, coupled with the penetration …
Automotive Semiconductor Market Upcoming Trends and Transformation, Growth Outlook 2022-2030
The automotive semiconductor market is growing remarkably quickly. Future Industry Insights (FMI) projects that the global automotive semiconductor market would expand at a 7.1 percent CAGR between 2022 and 2030, notwithstanding the difficulties brought on by the continuing pandemic. The market for automotive semiconductors is anticipated to reach US$ 54.9 billion in 2022 and US$ …
Remote Construction Market Expecting Massive Growth During 2022-2030
The Remote Construction Market is anticipated to be valued at US$ 853.2 million in 2022 and to grow at a CAGR of 14.3 percent to reach US$ 2.5 billion by the end of 2030. A growing number of businesses are adopting cutting-edge technology like artificial intelligence (AI) and machine learning to assess project-specific data and …
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