CBRN Protection Equipment Market is projected to increase at 5.5% CAGR During 2022- 2029 : FMI

The global CBRN (Chemical, Biological, Radiological and Nuclear) protection equipment market will show a healthy CAGR of 5.5% during the forecast period of 2022 – 2029. The greater priority of governments on enhancing the safety of military forces constitutes a major push for global sales of CBRN protection equipment. Increasing production of bioweapons, bio-agents, as well as chemical weapons, …

Emulsion Explosive Market reaching a value of about US$ 2,634.3 Mn by 2022 end: FMI

Global Emulsion Explosive Market is anticipated to reach US$ 2,634.3 Mn in 2022, likely to surge at a healthy 4.9% CAGR during the assessment period. Notable growth in construction, mining, and infrastructure investments across the globe prominently drives the market for emulsion explosives. We cast the sales significance of emulsion explosives to reach nearly 13 million tons by the end of 2029, …

EUV Lithography Systems Market reaching a value of US$ 22,978.6 Mn by 2029: FMI

The global EUV Lithography sales were valued at around US$ 4,648.6 Mn by the end of 2021. The market is projected to report a 21.5% CAGR between 2022 and 2029 reaching a value of US$ 22,978.6 Mn by 2029.  EUV stands for extreme ultraviolet which refers to light’s wavelength. Increasing advanced lithographic systems is one of the key factors accelerating the sales of …

Overhead Conveyor System Market 2022 is set to expand at 3.5% CAGR over the assessment period: FMI

The conveyor system market saw steady growth in 2021 with worldwide revenues up 3.5% year over year. FMI has forecasted the conveyor system market to reach US$13.7 billion in 2021 at a CAGR of 4.5%, backed by increasing mergers & acquisitions by Tier-1 companies and the integration of machine learning and the internet of things in material handling solutions. Conveyor systems …

Collaborative Robots Market Assessed to show an exceptional CAGR of ~26% during 2019-2029: FMI

The global collaborative robots market is calculated to top US$ 1.71 Bn by the end of 2022. FMI states that the sales in the collaborative robots market are anticipated to surpass US$ 8.65 Bn by 2029, growing at a staggering CAGR of 26% over the forecast period 2022-2029. The introduction of advanced robots capable of …

Land Survey Equipment Market Is Expected To Increase At 7.8% CAGR by 2031 : FMI

Global sales of land survey equipment are set to be valued at over US$ 6.0 Bn in 2021, with a steady long-term prediction, according to the latest insights by FMI. The report estimates the market to rise at over 7.80% CAGR from 2021 to 2031. According to the study, the overall land survey equipment market worth is expected to …

Global Carbon Brush Market 2022:Expanding at a healthy 3.8% CAGR :FMI

Carbon Brush Market world business Research and Market Forecast 2022–2029′, scrutinizes the carbon brush market and offers important insights for the forecast amount between 2022 and 2029. As per the report, the worldwide carbon brush market is projected to look at exceptional growth throughout the forecast period, as a result of the aspects comparable to rising …

Commercial Refrigeration Compressors Market is anticipated a value CAGR of more than 4.5% During 2022 – 2029 : FMI

Commercial Refrigeration Compressors Market is calculated to be worth around US$ 3.59 Bn in 2022, likely to surge at a strong 4.5% CAGR during the estimated period 2022 – 2029. An increase in food & beverage production, along with the expansion of cold chain capacities to ensure minimum wastage and efficient storage of food, is anticipated to increase the demand …

Cathodic Protection Industry is anticipated to increase at a CAGR of 5.6% from 2022 to 2028: FMI

According to a recent analysis, by Future Market Insights (FMI), the cathodic protection market will glimpse a robust expansion at about 5.6% CAGR through 2028. According to the National Association of Corrosion Engineers (NACE) ‘International Measures of Prevention, Application and Economics of Corrosion Technology (IMPACT)’ study, the global cost of corrosion was over US$ 2,500 Bn in 2013. Global cathodic protection market revenue currently …

HSS Metal Cutting Tools Market Overview and Industry Outlook 2021 – 2031

Global sales are expected to rise by 5% in 2021 after a period of tepid growth in 2020. With shipments reaching nearly 225,274,037 units in 2021, FMI presents a positive growth outlook for the market. In terms of volume, the HSS tools market is set to expand at a 5.5% CAGR over the course of the assessment period. The …