New Product Development
The global precision gearbox machinery system industry is poised to increase at a steady CAGR of 5.8%, reaching US$ 8.95 Bn by 2032 from US$ 5 Bn in 2021. Technological advancements in the manufacturing sector to improve energy efficiency, accuracy, and reliability in operations is likely to fuel the industry growth. With the Industry 4.0, many companies …
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According to a recent study of Future Market Insights (FMI), the cathodic protection market will witness a robust expansion at nearly 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 …
Future Market Insights has published a new market research report on the medium voltage transformer market that contains global industry analysis during and opportunity assessment during 2022–2028. The report covers the latest trends, key success factors, market influencing factors, key information, forecasting factors, macroeconomics factors, and past market scenario. The report analyzes the medium voltage transformer market …
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A new research report of Future Market Insights (FMI) tracks global compost turning machine market performance over 2022-2028 and analyzes the demand patterns of compost turning machine on the basis of various attributes such as product type, output capacity, end-use industries, and region. Over 3,200 compost turning machines were sold globally, in 2021, which is likely to …
The global sales of laser safety glass are projected to reach 6.3 Mn units by the end of 2028, which translates into a robust 10% volume CAGR during the forecast period (2022-2028). A new Future Market Insights (FMI) report says that sales of laser safety glass are primarily driven by the growing usage of laser machines across …
The study mainly attributes the rise in consumption of poultry meat for the positive growth prospects of the poultry keeping machinery market. The poultry keeping machinery market has a high potential to grow in regions such as Latin America, Asia Pacific excluding Japan and North America, according to the study. The newest market research study by Future …
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The arc fault detection devices market is projected to grow with an impressive CAGR of 5.5% during the forecast period 2021-2031. Over the years, the installation of electrical components deteriorate in buildings. The deterioration severity depends on humidity, heat, damage during usage, aging insulation and corrosive chemical reactions. So, installation of electrical components should be …
Software-Defined Camera market is expected to grow at a CAGR of around 14% during the forecast period 2021-2031. A software-defined camera works on the continuous development and evolution of artificial intelligence (AI) algorithms. In addition, manufacturers of software-defined cameras are trying to create a wide variety of security scenarios such as face checkpoint, situation awareness, vehicle checkpoints, …
The single layer capacitors market is projected to grow at an expected CAGR of 10.9% during the forecast period 2021-2031. Single layer capacitors are those capacitors, who have a structure of rectangular piece of dielectric material with metallization across the bottom and top of the ceramic. A bottom electrode contact and top electrode contact are …
The ring laser gyroscope market is estimated to grow by more than 6.3% CAGR from 2021-2031 owing to increasing growth of aerospace and defense industry across the globe over the years. Ring laser gyroscope used to calculate angular rotation of a wide range of platforms such as spacecraft, aircrafts, and naval ships. Ring laser gyroscopes …
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