Technological advancements and rising penetration of artificial intelligence have paved the way for increased sales of robotic lawn mowers, since they have become much more efficient. Rising dependency on automation in the commercial sector to decrease operating costs and increasing adoption of domestic robots for residential applications are major factors estimated to drive the growth …
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Variable Frequency Drives Sales Set to Recover in 2021 as Regenerative Applications Complement Traditional Demand Channels: FMI Study
Variable frequency drives demand is set to grow at over 4% in 2021, with growing emphasis on heating, ventilation and air conditioning (HVAC) systems and automotive pumps which are expected to generate substantial growth opportunities. The projections are based on the latest edition by Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. Get | …
global vibrating screen market is estimated to increase at a CAGR of ~7% During 2019 and 2029.
Future Market Insights (FMI), in its latest research, evaluates the vibrating screen market which includes global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates the vibrating screen market and provides critical insights for the forecast period of 2019-2029. As per the research, the global vibrating screen market was valued at ~ US$ 1 Bn in …
Global Walk-in Coolers and Freezers Market Value to Grow by Almost $8 Billion During 2019-2029
Future Market Insights (FMI), in its new report, estimates worldwide sales of walk-in coolers and freezers at US$ 8.6 billion in 2019. Widespread consumer acceptance of frozen and processed food, along with a steep rise in the demand for efficient refrigeration facilities to store and maintain the shelf life of these products, allude to a …
Global Electric Motor Market Will Rise At 5.6% CAGR Between 2021 And 2031
The Electric Motor Market to exhibit year-on-year (YoY) growth of 4.2% in 2021 to total 1.2 billion units. As per the report, demand in the DC motors segment will grow by 2.2% to 339 million units in 2021, while the AC Motors segment was up 5.1% to 837 million units. The electric motors market however registered moderate decline in its sales volume in FY2020 due to …
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Carbide Tools Market: Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2018-2028
The report on the Carbide Tools market covers comprehensive information about market trends, volume (Thousand Units) and value (US$ Mn) projections, recent developments, dynamics (drivers, restraints, trends & opportunities) and competition landscape pertaining to the global Carbide Tools market for the study period 2018 to 2028. The global Carbide Tools market is projected to reach …
Woodworking Router Bits Market Is Estimated To Exhibit A CAGR Of Close To 5% Between 2019-2029
Gains in the woodworking router bits market would be realized by grooving operations, which will capture nearly half of overall market stack. Their applicability in almost all wood types such as plywood, chipboard, medium-density fiberboard (MDF), and hardwood is reflecting value-capture prospects for manufacturers. Get | Download Sample Copy with Graphs & List of Figures: …
Global Power Tools Market Is Expected To Reach US$ 33.36 Bn In 2021 And Growth Rate 5.1% CAGR Between 2021-2031
The global power tools market is expanding at a significant rate on the back of consumer inclination towards cordless power tools. This is anticipated to remain the key defining factor in the power tool market. As per Future Market Insights (FMI) analysis the global power tools market is expected to be reach US$ 33.36 Bn in 2021. …
Global Heat Pumps Market To Expand At A CAGR Of 5% Over The Forecast Period Of 2020-2030
Energy-efficiency and environment-friendliness continue to be buzz words that impact production and demand of heat pumps. However, given that construction, especially in the residential segment, is a key determinant for demand of heat pumps, the drop in construction activity in almost all countries due to the COVID-19 pandemic has severely hurt the market. Get | …
Global Consumer Appliances Market Is Expected To Grow At A CAGR Of Approx. 4% Between 2019-2029
According to the findings of an independent report, food preparation equipment accounts for around 30% of the restaurant’s energy bill. Rising energy costs resulted in the growing consumer demand for energy star-labelled equipment. Governments of several countries are promoting green technologies, by offering schemes such as tax credit programs. Get | Download Sample Copy with …