The fibre laser market will register positive growth with the overall valuation forecast to surpass US$ 3.1 Bn in 2021. The market’s worth will increase at a compound annual growth rate (CAGR) of 11.1% between 2021 and 2031. Growing research and development activities towards designing high beam quality, environment-friendly and low-cost fibre lasers are the key growth drivers. Increasing government …
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Fire Extinguisher Market | Global Industry Analysis, Size, Share, Growth, Trends And Forecast to 2031- FMI
As per a Future Market Insights (FMI) analysis, the fire extinguisher market is projected to be appreciated at over ~US$ 3.6 Bn in 2021, growing at a CAGR of ~5.7% over the prediction period of 2021-2031. Increasing industrial and commercial sector applications of fire extinguishers, coupled with the implementation of stringent regulations and building codes are likely to result in increasing …
Market Insights on Refrigerated Display Cases covering sales outlook, demand forecast & up-to-date key trends
The refrigerated display cases (RDC) market has been registering high growth over the last few years. This growth is projected to continue over the coming years due to increasing demand from the food retail sector. The increasing population and rapid urbanization in emerging economies will create significant opportunities for growth in the next few years. In its …
Global Gaskets and Seals Market predict that global gaskets & seals Industry revenues will surpass US$ 100 Bn by 2026 : FMI
Multiple manufacturing processes adopted across diverse industrial verticals are all contingent upon the efficiency of engineering equipment & systems. The need to improve the operability of such systems can be met with the use of gaskets & seals – devices that help connect multiple surfaces & systems to complete a mechanical workflow. Apropos the latest report published …
Cathodic Protection Industry is anticipated to increase at a CAGR of 5.6% from 2022 to 2028: FMI
According to a recent analysis, by Future Market Insights (FMI), the cathodic protection market will glimpse a robust expansion at about 5.6% CAGR through 2028. According to the National Association of Corrosion Engineers (NACE) ‘International Measures of Prevention, Application and Economics of Corrosion Technology (IMPACT)’ study, the global cost of corrosion was over US$ 2,500 Bn in 2013. Global cathodic protection market revenue currently …
Bulk Material Handling System Market At An Overall Compound Annual Growth Rate Of 2% Through 2031
Construction and mining industries are major adopters of the bulk material handling systems with demand-driven from activities such as ore extraction, crushing, grinding, site-cleaning, demolishing, decommissioning and others. Moreover, continuous migration, growing urbanization, and high value infrastructure projects with healthy investment drive the growth of the bulk material handling market. As per Future Market Insights (FMI) …
Global Market of Barcode Scanner is also anticipated to reflect a CAGR of 7.6% in terms of volume: FMI
The Research Report further cites that the global barcode scanners market will account for almost US$ 7 Bn by 2031-end. During the same period, the market is also anticipated to reflect a CAGR of 7.6% in terms of volume, reaching 38.7 Mn units over 2031-end. The advent of barcode technology has greatly decreased the hassles of tracking supply and commodity sale …
Indian Power Tools Industry is estimated to reach INR 3,532.8 Crore in terms of revenue: FMI
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. …
Global Produced Water Treatment Systems Industry Key Players Analysis Forecast to 2029: FMI
FMI has segmented the produced water treatment systems market based on technology into primary, secondary, and tertiary. The global produced water treatment systems market is estimated to be worth around US$ 4.29 Bn in 2022. With rising oil and gas activities across the world, the overall market is projected to grow at a CAGR of 5.8% between 2022 and 2029, surpassing a …
Change Management Software Market is expected to reach a valuation of US$ 4.4 Bn by 2032
The global change management software market is expected to reach a valuation of US$ 4.4 Bn by 2032 from US$ 1.9 Bn in 2022, rising at a CAGR of 8.8% throughout the forecast period. The change management software market is likely to be driven by an increase in digital transformation and automation of IT processes and applications. The change management software …