The conveyor system market saw steady growth in 2021 with worldwide revenues up 3.5% year over year. Future Market Insights (FMI) has forecast the conveyor system market to reach US$13.7 billion in 2021 at a CAGR of 4.5%, backed by increasing mergers & acquisitions by Tier-1 companies and integration of machine learning and internet of things in material handling solutions. Conveyor …
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Pallet Trucks Market Is Expected To Register A CAGR Of 6.8% During 2018 – 2028
The global pallet trucks market is expected to register a CAGR of 6.8% during 2018 – 2028 with China, Europe and North America accounting for significant market value shares by the end of the forecast period. FMI delivers key insights on the global pallet trucks market in its report entitled ‘Pallet Trucks Market: Global Industry Analysis 2013 – 2017 …
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Reverse Osmosis Pump Market by Pump Type – Centrifugal Pump and Diaphragm Pump for 2021 – 2031 : FMI
Global reverse osmosis pump market is set to be valued at US$ 6,077.8 Mn in 2021. The market will grow with a stable long-term projection, according to latest insights by Future Market Insights. The report estimates the market to expand at above 8% CAGR from 2021 to 2031. Growing need for reverse osmosis pumps in the residential …
Americas Steel Pipes Market Driven by Growing Oil & Gas Explorations : FMI Study
The demand for steel pipes in the Americas has continued growing through 2020, despite challenges arising from the coronavirus pandemic. Rising public and private sector investments into the energy, oil & gas, and construction sectors are contributing to the rise of the industry. As per a new report by Future Market Insights, the sector is …
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Electric Motors Market to expand at over 5.1% CAGR from 2021 to 2031
Global sales of electric motors are set to be valued at over US$ 104 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). A new report estimates the market to expand at over 5.1% CAGR from 2021 to 2031. According to Future Market Insights (FMI), increasing automation and robotics …
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Automation Gaining Prominence Among Bulk Terminal Market Players : FMI
Despite current downturns in global seaborne trade due to COVID-19 pandemic, the global minor bulk trade has expanded considerably. Analysts at Future Market Insights (FMI) have estimated that global minor bulk traded has expanded up to 1.74 billion tons. Production of steel and forest products has made up for 43% of minor bulk trade, says …
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Steady Demand from Mining and Construction Industries to Boost Growth of Bulk Material Handling Systems Market
Construction and mining industries are major adopters of the bulk material handling systems with demand-driven from activities such as ore extraction, crushing, grinding, site-cleaning, demolishing, decommissioning and others. Moreover, continuous migration, growing urbanization, and high value infrastructure projects with healthy investment drive growth of the bulk material handling market. The bulk material handling systems market was estimated at …
China Industrial Hoses Market: Cryogenics and Air Separation Applications to Reflect 7.1% CAGR
[200 Pages Report] In 2021, the China Industrial hoses market is estimated to record 5.7% year on year growth, bucking initial skepticism about how the market would perform during a global pandemic. In China, the total demand of industrial hoses is expected to reach 548 Mn Meters by 2031. According to the analysis by Future Market Insights (FMI), the …
Global Dredging Market to Experience Deceleration amid COVID-19: FMI
Future Market Insights (FMI), an ESOMAR-certified market research and consulting firm, has published an updated edition to its widely cited report on the global dredging market. The study revises its earlier forecast on dredging market growth, readjusting key indicators for COVID-19 impact. Downturns are largely attributed to volatility in the oil & gas sector, a key …
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Dry Vacuum Pumps Market Demand and Research Insights by 2028
Dry Vacuum Pumps Market report by TMR comprises an elaborated executive summary that offers a snapshot of the market undercurrents, it lists succinct information on drivers, trends, challenges, competition, and regional analysis.There is a continuous thrust on renewable power production across the globe, in the wake of global warming and a sustained need to protect …
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