Decarbonization and Electrification Set to Accelerate Hydrogen Electrolyzer Market Growth, as Market Players Focus on Sustainable Hydrogen Production, Says FMI

Future Market Insights, an ESOMAR-certified market research provider, opines that the long term outlook for hydrogen electrolyzer market will remain optimistic with growth pegged at 10% through 2030. With costs of renewables substantially dropping, making them more competitive with conventional fuels, their use as feedstock for hydrogen electrolysis will boost market growth subsequently. Research for hydrogen fuel …

Industrial Valves Market is expected to grow at a CAGR of ~4.3% : FMI Study

[308 Pages Report] The global industrial valves market is estimated to be worth around US$ 71.8 Bn in 2022. With rising adoption of industrial valves for regulating the flow of materials, the overall demand is anticipated to rise at a moderate CAGR of 4.3% between 2022 and 2029, totaling a valuation of US$ 96.2 Bn by 2029. Up from the revenues …

Implementation of Barcoding in Businesses to Maintain Assets Boosting the Global Barcode Scanners Market

The global barcode scanner market is estimated to be valued worth US$ 7 Bn in 2021, according to FMI. The market is expected to register robust growth on the backdrop of healthy demand from retail, e-commerce and logistics, healthcare, and manufacturing sectors. The advent of barcode technology has greatly reduced the hassles of tracking supply and commodity sale records …

Pallet Pooling Market By Structural Design, Material & Region – Forecast 2019-2029 : FMI

Pallet pooling ensures the availability of pallets at the operational location, which results in a lean supply chain. Lean supply chain management leads to effective operational lead time. Owing to the rising inclination of most end users towards cost reduction, along with optimum lead time, the pallet pooling market is estimated to gain noteworthy traction in the …

Hand Tools Market Competitive Growth Strategies Based on Type, Applications, End User and Region

[192 Pages Report] Global Hand Tools Market to reach ~US$ 25.6 Bn by the end of 2031, growing at a CAGR of 3.9% over the forecast years (2021-2031).The construction sector has grown substantially over the past few decades. This growth trend is expected to continue in the next few years as a result of the growing …

Heat Pumps Market to Hit US$ 50 Bn Mark by 2030 : FMI Study

According to FMI’s recent study, the global heat pumps market was valued at around US$ 32 Bn in 2019 and is estimated to expand at a CAGR of 5% over the forecast period of 2020-2030, with a limited impact of the current pandemic situation on long-term growth forecasts. Increasing demand for tech-advanced cooling solutions with low carbon …

Construction Applications to Account for Over Three out of Ten Power Tools Sold through 2030:FMI New Study

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. …

India Power Tool Market is expected to register healthy CAGR of 8.9% in terms of value, and 9.5% in terms of volume during 2016–2026

India power tools market is expected to register healthy CAGR of 8.9% in terms of value, and 9.5% in terms of volume over the forecast period (2016–2026). Growth of the power tools market in terms of revenue is attributed to various factors, regarding which FMI offers detailed insights in the report. To remain ‘ahead’ of your competitors, request for a …

Sodium Sulfur Batteries Market Size, Share & Trends Analysis Report 2025

Unlike banking accounts, where one saves money and use it afterwards whenever required; electricity is an asset which needs to be consumed as exactly when it is being generated. When compare to energy generation, energy storage is quite complicated process. Most of the times we refer how the energy could be saved when it is …

Electrical Steel Market 2022 | Present Scenario and Growth Prospects 2026

The electrical steel market is expected to register year-on-year growth at 5.3% in 2021, with the overall valuation forecast to reach US$ 37.5 Bn. A Future Market Insights (FMI) analysis estimates electrical steel sales to increase at 6.5% CAGR between 2021 and 2031. According to the study, the overall electrical steel market is expected to reach US$ 70.5 Bn by 2031. While …