The global medium voltage transformer market stands at a net worth of US$ 11.7 Bn in 2022 and is anticipated to rise at a CAGR of 4.6% over the forecast period (2022-2028) to achieve a valuation of US$ 16.1 Bn by 2028. Medium voltage transformer sales accounted for a 38% share of the global transformer market in 2021. As per the key conclusions of the report, …
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Global Chilled Beam System Market to rise at a steady 5.5% CAGR by 2031: FMI
Growing demand for energy-efficient and cost-effective cooling systems across different infrastructural projects is pushing sales in the global chilled beam system market. Future Market Insights (FMI) in its recent market survey projects the market to rise at a steady 5.5% CAGR over the estimated period 2021 to 2031.” Product customisations in chilled beam systems, along with the establishment of …
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Global Process Automation Instrumentation Market: Emerging Trends and New Technologies Research 2027: FMI
The global process automation and instrumentation market is expected to expand at a CAGR of 6.0% during the projection period. The process automation and instrumentation market was appreciated at US$ 97,192 Mn in 2017 and is projected to grow immensely to reach US$ 174,121 Mn by 2027 end due to the increasing adoption of IoT platforms, digital transformation and development in the Web …
Global Painting Robots Market will grow by 10.1% CAGR between 2021-2031 : FMI Study
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. …
Liquid Discharge System Market Set to Grow at 5.4% as Demand for Wastewater Reuse Solutions Continues to Rise: FMI
As per a recent market analysis by ESOMAR-certified consulting firm Future Market Insights (FMI), the Africa Zero Liquid Discharge System Market is projected to be valued at US$ 27.7 Mn in 2021, expanding at a CAGR of 5.4% over the forecast period of 2021-2031. The outbreak of COVID-19 in 2020 muted CAPEX investments and installations of process equipment in various …
Reverse Osmosis Pump Market is projected to surpass a valuation of US$ 14.3 Bn by 2031: FMI
The global reverse osmosis pump market will be valued at US$ 6,077.8 Mn in 2021. The market will grow with a stable long-term projection, according to the latest insights by Future Market Insights. The report estimates the market to expand at above 8% CAGR from 2021 to 2031. The growing need for reverse osmosis pumps in the …
Industrial air compressor market will register Significant growth at CAGR of ~4.6% over 2021 to 2031 : FMI
The industrial air compressor market is projected to be valued at ~US$ 26.7 Bn in 2021. Industrial air compressors are capable of producing pressure to power large-scale, complex systems. They are widely used to run major industrial and manufacturing equipment, including those that incorporate hydraulic or pneumatic operating components. Air compressors have gained a considerable amount of popularity …
Rockbreakers Market to expand at a CAGR of 5.9% by during the forecast period of 2021-2031: FMI
This growing demand for metals across various industrial sectors is one of the leading driving factors of the global rockbreakers market. The mining sector has seen significant growth in the past few years and it is expected to persist in upcoming years. The increasing demand from the mining sector is expected to enable growth in the coming …
Glass Bonding Adhesive Market Growth, COVID Impact, Trends Analysis Report Forecast to 2027
The use of adhesives and glues as a bonding agent between glass and other materials is increasing now a days. The glass bonding adhesives has a wide renege of applications in automotive industry for bonding the glass in vehicles, manufacturing of water tanks and optical glasses, bonding of window glass to frame or structure etc. …
UV Cured Coatings Market Expectations & Growth Trends Highlighted Until 2026
The UV cured coatings has adopted by many industries such as automotive, telecommunications, glass and plastic decorations and graphic arts. The demand of the UV cured coating is increasing rapidly due to its higher productivity in less time, with a reduction in the waste, no environmental pollutants and no loss of coating thickness which leads …
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