New Product Development
FMI reveals that the global pressure reducing valve market enjoys a valuation of US$ 1,998.1 Mn in 2022, and is predicted to expand at a steady CAGR of 4.5% and reach a net worth of US$ 2,588 Mn by the end of 2028. According to the analysis, the demand for pressure reducing valves is expected to keep increasing over the years. …
Continue reading “Pressure Reducing Valve Market to reach a net worth of US$ 2,588 Mn by 2028: FMI”
An aerial work platform (AWP) Market are commonly used for all kinds of maintenance and construction activities, especially when it needs to be done at a certain height. It is used extensively in maintaining overhead lines in the power and telecommunications and in arboriculture industries. Increasing the number of urban and rural infrastructure projects to …
The global electrical testing services market witnessed a year-on-year (YoY) growth of 6.3% in 2021. It is projected to grow at a CAGR of 7.1% between 2021 and 2031, reaching US$ 13.4 Bn by the end of the assessment period. As of 2020, the market held nearly 15 to 18% of the overall testing, inspection and certification market. During the same …
Social Media Analytics market is increasing progressively due to rising usage of text analysis for improving customer experience and development of image analysis solutions. Moreover, increased diverse features and functions available on analytics platform which makes customer demand for customized dashboards and other features within the licensed price. Social Media Analysis is a process wherein …
Silicon has comparatively better technical features than graphite, hence it is used as a utility negative electrode in lithium-ion batteries. Its application within the automotive sector is expected to skyrocket especially in response to the increasing production of electronic vehicles. While the automotive sector currently holds dominance, the consumer electronics sector will trail closely, exhibiting …
Continue reading “Silicon Anode Battery Market will grow at 21.5% CAGR between 2021 and 2031.”
Asia Pacific excl. Japan and North America are expected to dominate the global oil and gas terminal automation market during the forecast period. Surplus oil and gas production in North America, especially, in the U.S. has, over the recent past, driven the growth in investment towards setting up of oil and gas export facilities in …
According to a recent market report published by Future Market Insights titled, “Barcode Printers Market – Global Industry Analysis & Opportunity Assessment, 2016-2026,” revenue generated from sales of barcode printers globally is estimated to be valued at US$ 2,758.0 Mn and pegged at 3,086.8 ‘000 units by 2016 end. It is expected to increase at a CAGR of 7.4% over the …
Global sales of land survey equipment are set to be valued at over US$ 6.0 Bn in 2021, with a steady long-term prediction, according to the latest insights by FMI. The report estimates the market to rise at over 7.80% CAGR from 2021 to 2031. According to the study, the overall land survey equipment market worth is expected to …
The power tools market in India is anticipated to register a Y-o-Y growth of 6.7% by end of 2016 and is estimated to reach INR 3,532.8 Crore in terms of revenue. Growing industrialisation and widespread availability of a wide range of power tools will continue to drive the growth of the Indian power tools market. …
The North American variable frequency drive market is projected to reach US$ 7.79 Bn in revenues by 2027, according to new research by Future Market Insights. In terms of volume, 6.25 million units of variable frequency drivers are expected to be sold in North America in 2017. The U.S. will continue to dominate sales, accounting for nearly …