The facility management services market is expected to increase at a CAGR of over 12.6% from 2022 to 2032, finds a study by Future Market Insights. Increased investments in the real estate and construction industries around the world are credited with the rising facility management services market share. Demand for cloud-based facilities management systems is surging to boost market …
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Precision Gearbox Machinery Market Expected to Expand at a CAGR of 5.8% from 2022 – 2032
The Asia Pacific precision gearbox machinery market holds the biggest portion of the market and is likely to follow the streak in the forecast period. The factors driving the market in this region are increased capital investments from the government to procure equipment for military operations. Global Precision gearbox machinery market survey distributes the market into five major regions that …
Industrial Automation Market Is Expected to Expand at a CAGR Of 7% By 2032 : FMI
According to the industrial automation market analysis by Future Market Insights (FMI), the market is poised to attain a CAGR of 7% during the forecast period 2022-2032. The industrial automation market growth can be attributed to rising demand for real-time data analysis across geographies and increased adoption of cutting-edge technology across end-use industries to improve performance. The significance of predictive …
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Plain Bearings Market is set to reach a valuation in excess of USD 17 Billion in 2032 : FMI
As per the plain bearing market report by FMI, the global market is predicted to be worth US$ 10 billion in 2021 and US$ 17 billion by 2032, expanding at a modest CAGR of 5% over the forecast period. The rise of plain bearing applications is propelling the market forward. In addition, increased infrastructure spending, emerging technological projects, and heavy machinery development in China, India, the United States, …
Ultra-Short Base Line Positioning System Demand to Grow by 5.8% through 2031, Applications to Concentrate in ROV, AUV Vessel Positioning: Future Market Insights
As per a recent market analysis by ESOMAR-certified consulting firm Future Market Insights (FMI), the global ultra-short base line positioning system market is projected to reach a valuation of US$ 127.7 Mn in 2021. Expansion of commercial trade via marine operations, coupled with growing interest in recreational travel are key trends bolstering sales of ultra-short base line …
Heavy Duty Heat Pump Share, Global Industry Size, Growth, SWOT Analysis, Top Companies, Competitor Landscape, Regional Outlook 2021
Global heavy duty heat pump sales are set to be valued at US$ 454.9 Mn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The report estimates the global heavy duty heat pump market to grow at nearly 2.9% during 2021-2031. The …
Refrigeration Leak Detector Market to Witness Soaring Popularity of Multifunctional Leak Detectors to Streamline Business Operations: Future Market Insights
Future Market Insights in its latest market research, the global refrigeration leak detector market is poised to record 3.1% CAGR during the assessment period, 2020-2030. The refrigeration leak detector market has witnessed increased uptake in recent years as it helps to eradicate the harmful effect of climate change and global warming. These detectors aid in holding harmful …
Worldwide Chopper Pumps Market is anticipated to reach a valuation of US$ 1.21 Bn by 2030: FMI
Chopper Pumps Market is expected to reach US$ 818.4 Mn in 2022, likely to surge at a vigorous 5% CAGR during the assessment period. Chopper pump manufacturers are ramping up efforts to raise the pumping efficiency of chopper pumps. FMI’s study calculates that an efficiency growth by a mere 2%-3% would incur cost savings to the tune of thousands …
Worldwide Router Bits Market to Eyewitness Tremendous Growth by 2029 | Freud Tools, Amana Tool, Woodcraft Supply:FMI
According to a new research report published by Future Market Insights (FMI), the global woodworking router bits market is estimated to exhibit a CAGR of close to 4.8% during the forecast period of 2022-2029. Router bits are used in several woodworking applications such as milling, drilling, grooving, profiling, engraving, carving, etc. The high accuracy and precision of …
Commercial RAC PD Compressor Market are slated to top US$ 5.1 Bn in 2022. Expanding at a healthy 4.0% CAGR: FMI
A new market research report by Future Market Insights on the commercial RAC PD compressor market is slated to top US$ 5.1 Bn in 2022, likely to surge at a vigorous 4.0% CAGR during the assessment period 2022 – 2028. The report investigates the commercial RAC PD compressor market and provides key insights over the forecast period of 2019-2029. A …