Paper Canisters Market: Overview The purpose of packaging is not just to protect and prevent product from damaging. In addition to these functions, packaging also serves the purpose of promotion and marketing. Paper canisters are cylindrical shaped solutions which are appealing yet protective product for packaging. Paper canisters are suitable for various products, offer superior …
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Industrial air compressor market will register a CAGR of ~4.6% over 2021-2031 : 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 …
Global Switchgear Market to grow at nearly 6.9 % CAGR during 2021-2031
Global Switchgear sales are set to be valued at US$ 72.44 Bn in 2021 and is expected to have a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The report has forecast the global switchgear market to grow at nearly 6.9 % CAGR during 2021-2031. The report offers analysis of …
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Water Treatment System Market is slated to increase at a CAGR of 6.8% by 2022-2030 : FMI
The global demand for the water treatment market stood at US$ 66,094 Mn in 2022 and is slated to increase at a CAGR of 6.8% to reach a valuation of US$ 111,922 Mn by the end of their forecast period. The historical growth of the water treatment system market from 2015 to 2021 is valued at a CAGR of 5.5%. The growing emphasis on the significance of …
Non-destructive testing (NDT) inspection services market to register a CAGR of over 6% 2020 – 2030
The global non-destructive testing (NDT) Inspection services market is experiencing a spike in revenues as various end users are investing making their methods safe for workers and consumers. Primarily used to identify defects, faults, and cracks, the NDT inspection services play an important role in industries that use machinery for automation. Constant checks ensure evaluation of …
Global Sales of Agriculture Equipment to Surpass 6.7 Mn Units through 2031
ESOMAR-certified consulting firm Future Market Insights (FMI) in its latest report forecasts that the global agricultural equipment market will register a CAGR of 4.8% between 2021 and 2031, reaching a market volume of around 6.7 Mn units by 2031 end. The swift growth of agricultural equipment market can be attributed to the growing preference for farm mechanization and increasing governmental policies …
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Robotic Lawn Mower Market is anticipated to progress steadily at a CAGR of over 11.5% 2022 – 2031
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 …
Global Crane Market Set for US$ 57.1 Bn Valuation by 2029 : FMI
In the current market scenario, rising number of construction projects in South East Asian and Latin American countries, and tie-ups with prominent sales channel partners and manufacturing entities for long-term supply, will drive the global crane market. Further, integration of smart solutions and automation in cranes are expected to enhance sales during the forecast period. Strong …
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Type I Products to Account for More than 50% of Glass Bottles Sales through 2031: FMI Report
With a wide range of applications in the pharmaceutical, personal care, chemical, and food and beverage industries the demand for glass bottles is expected to remain strong for the foreseeable future. According to a new Future Market Insights (FMI) report, the market will surpass a valuation of US$ 61 Bn by the end of 2031 at a …
Electric Sub-meter Market to Close in on US$ 13 Bn by 2030 : FMI
In the current market scenario, prominent manufacturers are focusing on R&D activities for developing smart sub-meters in order to cater to several applications. Smart sub-meters help reduce electrical leakages and power cuts, and provide accurate consumption data to customers. Global value of the electric sub-meter market was US$ 9.74 Bn in 2021, and is projected to follow …
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