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As per the market analysis report by Future Market Insights (FMI), the global composite insulators market is forecasted to reach a value of US$ 4.2 Bn in 2032 from US$ 2 Bn in 2021 by recording an impressive CAGR of 7% during the forecast years. The growing demand for revamping the existing electrical network aided with more …
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The global PV Inverter market is poised to grow at a moderate CAGR of over 5.1% during the forecast period of 2022-2032, reaching a value of about US$ 2.15 Bn in 2032 from the US$ 1.28 Bn in 2021. Solar (PV) inverters are the heart of photovoltaic panels installed for harnessing solar energy by converting direct current …
Substantial increase in the focus on developing integrated flow metering solutions with automation and digitalization technologies, suitable for various applications are expected to drive the global subsea multiphase flowmeter market. As per Future Market Insights (FMI), the global subsea multiphase flowmeter market is projected to be valued at ~US$ 616.6 Mn in 2021. The ongoing COVID-19 crisis …
Future Market Insights (FMI) has published a new research study on the global solar charge controller market titled ‘Solar Charge Controller Market: Global Industry Analysis 2013–2017 and Forecast, 2018–2028’. According to FMI, the solar charge controller market was valued at US$ 1.4 billion at the end of 2017 and is anticipated to grow at an impressive CAGR to …
The digital substation market size was valued at US$ 6.5 Bn in 2021 and is expected to be worth US$ 14.11 Bn by 2032, growing at a 7.3% CAGR from 2022 to 2032. The global digital substation market has grown at a rapid pace in recent years, and it is expected to do so again over the next several years. This …
The district heating market was valued at USD 170 Bn in 2021 and is expected to grow at a CAGR of 4% to approximately USD 260 Bn by 2032. District energy is a rapidly growing industry around the world, fueled by the aggressive climate goals set by the world’s economies. Request a sample for this@ https://www.futuremarketinsights.com/reports/sample/rep-gb-14331 Based on preliminary …
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According to a recent analysis issued by FMI, the gas engines market share is likely to reach US$ 7.47 billion by 2032, up from US$ 4.6 billion in 2021, expanding at a steady CAGR of 4%. The analysis concludes that the increasing demand for gas engine generators is proportional to the increase in gas engine use. Consumption of energy on a global …
According to a recent thermoplastic pipe market report by Future Market Insights (FMI), the thermoplastic pipe market was valued at US$ 2.5 Bn in 2021, is projected to reach US$ 8.5 Bn by 2032, and is anticipated to grow at a CAGR of around 4.5% over the projected period of 2022-2032. The immediate consequence of the COVID-19 pandemic resulted in a …
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As per a recent gas turbine market analysis by Future Market Insights (FMI), the global market was valued at over US$ 19 Bn in 2021 and is projected to expand at a modest CAGR of 4% over the forecast period. The steady requirement of efficient power generation technology in developed countries and flourishing industrial sector in developing economies …
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The global oil & gas seals market is likely to exhibit significant deceleration, pegged at -6.5% in 2021 over 2020. This downturn is majorly ascribed to the recessionary impact of the COVID-19 pandemic on the oil & gas industry across the world, according to ESOMAR-certified market research company Future Market Insights (FMI). Fortunately, recovery is on the …
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