Global positive displacement pump market is set to be valued at over US$ 2.6 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The report forecasts the market to expand at around 4% CAGR between 2021 and 2031. Growing need in the oil and gas and water distribution sectors …
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Global Food Service Equipment Market Size, Share, Scope, Status and Forecasts 2022-2032
Evolving food industry trends and changing dynamics of manufacturing and delivering methods in the foodservice industry are primarily shaping the market for foodservice equipment. Sales would multiply at a promising CAGR of over 5% during 2022 – 2029, as projected by a new Future Market Insights (FMI) report. One of the major driving force for the market …
Conveyor Maintenance Market In Australia To Reach A Valuation Of US$ 757.0 Mn By 2026: FMI
Future Market Insights in its recent report – “Conveyor Maintenance Market: Australia Industry Analysis and Opportunity Assessment, 2016–2026”, offers key insights into the future of the conveyor maintenance market in Australia for the next decade. The research indicates the conveyor maintenance market in Australia to reach a valuation of US$ 757.0 Mn by 2026, witnessing a 3.1% CAGR …
India Electrical Testing Services Market Exhibiting 4.4% CAGR End Of 2026
Due to the economic impact of COVID-19, the demand for electrical testing services declined in 2020. Nevertheless, as economies get back on track, it will lead to recovery of operations across various industries. In turn the demand for electrical testing services will grow. Technological advancements in electrical services have resulted in greater complexity in maintenance …
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Oil And Gas Terminal Automation Market Is Forecast To Register A CAGR Of 7.1% In Terms Of Value Over The Forecast Period By 2026
According to a recent market report titled “Oil and Gas Terminal Automation Market: Global Industry Analysis and Opportunity Assessment, 2016-2026” published by Future Market Insights, revenue from the global oil and gas terminal automation market is estimated to be valued at US$ 850 Mn in 2016. It is projected to exhibit 7.1% value CAGR during 2016-2026, and …
Heat Pumps Market Reaching A Value Of About US$ 50714 Mn By 2030 End
Some of the factors that drive the growth of the heat pump market include replacement of conventional fuel-based heating method by heat pump technology and significant adoption of heat pump technology in residential applications as a cost-effective heating method. Besides this, heat pump technology contributed substantially to the reduction of CO2emission and also complies with regulatory norms. …
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Solar Micro Inverter Market Expand At A 16.6% CAGR Over The Forecast Period Of 2026
The demand for solar micro inverters is expected to witness a significant upsurge on account of increase in the number of photovoltaic (PV) installations and the need to improve overall system efficiency and safety. In 2016, the global solar micro inverters market is anticipated to register a y-o-y growth of 11.4% over 2015, and reach US$ 488.2 …
Adoption of Benelux Power Tools Market: Key Players, Applications, Outlook, SWOT Analysis And Forecasts By 2026
Power tools continue to witness steady demand in Benelux, with 10 million units expected to be shipped in 2016, up from 9.8 million units in 2015 – a y-o-y growth rate of 2.5%. The Benelux power tools market was valued at US$ 826.4 million in 2015, and is expected to reach US$ 859.1 million in 2016. Industrial …
Variable Frequency Drive (VFD) Market: Worldwide Industry Analysis and New Market Opportunities Explored By 2022
Variable frequency drives demand is set to grow at over 4% in 2021, with a growing emphasis on heating, ventilation and air conditioning (HVAC) systems and automotive pumps which are expected to generate substantial growth opportunities. The projections are based on the latest edition by Future Market Insights (FMI). Manufacturers are likely to experience widening profit …
Ultra Violet (UV) Lamps Market Size, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2022
Global UV lamps market revenue is projected to expand at a CAGR of 11.3% during the forecast period due to various factors, regarding which FMI offers vital insights in detail in its report. UV lamps are basic lamps that emit ultraviolet radiation with a wavelength ranging between 400 nm and 100nm. UV light is basically classified into …