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According to Future Market Insights (FMI), the plastic tubes market will gain traction due to the expansion of cosmetic & pharmaceutical industry. Sales of plastic tubes are expected to increase at a CAGR of 5.0% between 2021 and 2031. Plastic tubes are expected to register a sharp rise in demand due to the rapid expansion of cosmetics industry …
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In the latest study conducted by FMI, a rise in edible oil consumption along with growing demand for petroleum products is anticipated to fuel the global demand for jerry cans. Global sales of jerry cans are expected to reach US$ 2.1 billion in the year 2022 and grow to US$ 3.2 billion by the year 2031. …
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The global surface protection films market is anticipated to expand at a CAGR of 5.7% over the forecast period of 2022-2030. The market is witnessing a demand upsurge to protect metal & plastic sheets, glass & mirrors, pre-painted surfaces, carpets, and furniture surfaces from vibrations and dust scratches. Various types of surface protection films, such as transparent, …
With a wide range of applications in the pharmaceutical, personal care, chemical, and food and beverage industries the demand for glass bottles is expected to remain strong for the foreseeable future. According to a new Future Market Insights (FMI) report, the market will surpass a valuation of US$ 61 Bn by the end of 2031 at a …
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In recent years, the manufacturing industry has witnessed sluggish growth owing to various macro-economic factors such as Brexit concerns, fluctuations of oil prices, and foreign trade policies. Tech developments in model-based offerings are expected to play a key role in the future of the sector. According to a recent report by Future Market Insights (FMI), …
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The force sensor market revenue totaled ~US$ 3,448.8 Mn in 2021. The force sensor market is projected to surpass ~US$ 5,286.2 Mn by 2029, growing at a CAGR of 5.5% for 2022 – 29. Force sensor market accounted for around 3% of global sensor market. The force sensors such as load cell, capacitive, piezo-resistive, piezo-electric are majorly used for monitoring & control and test & …
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As per a new market report distributed by Future Market Insights named, “Energy Management System Market – Global Industry Analysis 2012 – 2016 and Opportunity Assessment, 2017 – 2025”, the worldwide energy management system market was esteemed at US$ 6340 Mn in 2016, and is relied upon to enroll a CAGR of 14.8% from 2017 to 2025. …
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The report reveals, the global embedded security for internet of things held US$ 2,525 Mn in 2016 and is projected to secure almost US$ 11,125 Mn by the end of 2027. The market is anticipated to exhibit high double-digit CAGR throughout the forecast period (2017-2027), in terms of revenues. The market in APEJ (Asia Pacific excluding Japan) …
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Rugged Thermal Camera Market is anticipated reaching US$ 3.5 Bn by 2030, progressing at a high CAGR of 8.4% from 2022 to 2030. Thermal imaging finds immense utilization in the aviation industry, primarily for military purposes. Its application radar consists of diverse domains including, navy, automotive, geological survey, agriculture, and fault detection. Given a drop in …
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HVDC Transmission System Market is estimated at US$ 10.3 Bn in 2022, likely to surge at a vigorous 8.9% CAGR during the assessment period 2022 – 2028. On the basis of FMI’s study, the global market for HVDC transmission systems will witness prominent demand generation from power transmission industries. Increasing demand for HVDC transmission systems in …
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