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Future Market Insights (FMI) has recently published a report titled “Motor Control IC Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027.” Motor Control IC is a device or a group of devices that governs the performance of an electric motor in a specific manner. The motor control IC also helps to control the LEDs, heater …
Continue reading “Motor Control IC Market market is expected to grow at a CAGR of 5.2% by 2027: FMI”
According to industry estimates, the global market for automated parcel delivery terminals will reach US$ 720 Million by 2022 and is expected to reach US$ 2 Billion by 2032 while recording a CAGR of 10.9% during the forecast period from 2022 to 2032. With a growing demand for more deliveries and increasing pressure for shorter response times, …
Future Market Insights (FMI), in its new study, evaluates the ongoing developments in the underground mining equipment market and projects their impact on the growth of the market between 2022 and 2029. The study projects that the sales of underground mining equipment worth ~US$ 15.9 Bn were recorded in 2022. However, the market value is likely to grow at …
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As per Future Market Insights analysis, the painting robots market is projected to be valued at ~US$ 2.9 Bn in 2021, expanding at a CAGR of ~10.1% over the forecast period of 2021-2031. The painting robots market will register increasing growth as a result of high demand from various industries including HVAC, furniture, sanitary ware, textiles and heavy engineering equipment. …
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Global machine tool touch probe market to grow with a year on year growth of 3.6% in 2022 reaching a value of about US$615.1 Mn by 2022 end. Machine tool touch probe is significantly used for fast, precise and automatic tool setting and workpiece measurement in grinding, turning and milling. It has the potential to cut setup time while enhancing dimensional …
Future Market Insights (FMI) delivers essential insights on the worldwide clad pipe market in an exceedingly new report. The long-term perspective of the Global clad pipe market is expected to stay positive with the clad pipe market price expected to extend at a CAGR of 5.6% during the forecast period. The geographical region and Africa, Western Europe and South-East …
Continue reading “Global Clad Pipe Market is Expected to Expand at a CAGR of 5.6% By 2028 : FMI”
Global condition monitoring system sales will be valued at US$ 3,293.9 Mn in 2021, with a steady long-term projection, according to the latest insights by Future Market Insights. The report estimates the market to expand at 7 to 8% CAGR from 2021 to 2031 Power generation segment, automotive segment, chemical, and petrochemical segments’ revenue totalled US$ 2,062.1 million for …
Customizations such as extended tips to get into hard-to-reach areas or specially designed joints to make the tools, even more, user friendly are in high demand. The global sales of hand tools are anticipated to grow at a CAGR of 5.9% during the period between 2022 and 2032. The demand in China is expected to increase by 6.0% CAGR from …
The study mainly attributes the rise in consumption of poultry meat to the positive growth opportunities of the poultry-keeping machinery market. The poultry-keeping machinery market has a high possibility to grow in regions such as Latin America, and the Asia Pacific except for Japan and North America, according to the study. The global poultry-keeping machinery market is set to …
The global water treatment market is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights. Demand for potable water, changing government regulations, and awareness of the negative impact of untreated water are tipped to be the primary …