New Product Development
Moreover, adoption of Industry 4.0 has influenced manufacturing firms to increasingly turn to asset tracking and monitoring technologies to efficiently track and monitor asset locations and their status. Image based barcode readers are the core devices for such activities. With the high penetration of extremely sophisticated smart phones, QR codes and bar codes are being …
Continue reading “Image Based Barcode Reader Market Segmentation, Outlook, Industry Report to 2030”
Submersible pumps manufacturers are focusing on launching cost-effective and high efficiency products to improve sales. Governments of emerging economies in Africa and Asia, particularly in countries such as India, China and South Africa, are increasing efforts to improve access to drinking water in rural as well as urban areas, which in turn is benefiting the …
Continue reading “Sales Of Submersible Pumps Are Expected To Increase At 5.1% CAGR End of 2031”
Power tool gears are integral components of equipment such as drilling machines, saws, hammers, and grinding machines. They play an important role in adjusting the speed and torque of aforementioned equipment. However, in the long run, the requirement of new and advanced power tools amongst woodworking personnel and metal fabricators will push the growth of …
Some of the leading robotic lawn mower are focusing on mergers & acquisitions, and partnerships to strengthen their position in market, further enhancing their product portfolio. Rising dependency on automation in the commercial sector to decrease operating costs and increasing adoption of domestic robots for residential applications are major factors estimated to drive the growth …
Woodworking CNC tools are pre-programmed computer software dedicated equipment and machineries which are used in carpentry shops to increase productivity and to enhance the level of work precision and quality. As per an FMI study, in terms of volume, the router bits segment is projected to account for more than 40% share throughout the forecast …
Global value of the electric sub-meter market was US$ 9.74 Bn in 2021, and is projected to follow a stable growth curve during the forecast period of 2022-2030. In the current market scenario, prominent manufacturers are focusing on R&D activities for developing smart sub-meters in order to cater to several applications. Smart sub-meters help reduce electrical leakages …
According to FMI’s pricing analysis, owing to the lower price of manual and hand operated rivet guns, the revenue share of these guns remains lower as compared to pneumatic and battery operated rivet guns. However, superior functional operations and demand for advanced tools across industries are likely to account for growing demand for pneumatic and …
As per a recent market research intelligence report released by Future Market Insights (FMI), with governments of major developed economies having increased their overall military budget and spending in the last few years, demand for military parachutes, too is estimated to grow. Growing instances of joint para-trooping exercises and increasing air-borne combing will substantially contribute …
The Busbars market study covers various perspectives of the market, including market dynamics, value chain, pricing analysis, competition analysis, regional and segmental growth comparison and macro-economic and industry growth analysis, along with market segment level projections in a comprehensive manner. As per the findings of the Busbars market study and perspectives of industry participants, the …
Future Market Insights has recently published a new market research study and brief analysis on the rig and oilfield mats market that provides global industry analysis for 2016-2020 and opportunity assessment for 2021-2031. The report investigates the rig and oilfield mats market and provides noteworthy perceptions for the forecast period of 2021-2031. As per the analysis, the rig …