Electrical Enclosure Market are anticipated to exceed US$ 62.22 Bn by 2028 : FMI

[451 Pages Report] The global electrical enclosure market is estimated to top US$ 46.64 Bn by the end of 2022. Increasing usage of electrical enclosure in applications such as electricity transmission and distribution, transportation network, and energy & power is expected to facilitate the growth in the market. Attribute Details Electrical Enclosure Market Estimated Size in 2022 US$ 46.64 Bn …

Global vibrating screen market is estimated to increase at a CAGR of ~7.6% During 2029: FMI Study

[295 Pages Report] Sales in the global vibrating screen market are slated to top US$ 1.37 Bn in 2022. Expanding at a healthy 7.6% CAGR, the market size is projected to total US$ 2.3 Bn by 2029. Attribute Details Vibrating Screen Market Estimated Size 2022 US$ 1,370.5 Mn Vibrating Screen Market Value-based CAGR (2022-2029) ~7.6% Vibrating Screen Market Size in Projected …

Electrification Efforts Proliferating the Demand for Electrical Testing Services, Concludes FMI

[333 pages Report] The global electrical testing services market witnessed year-on-year (YoY) growth of 6.3% in 2021. It is projected to grow at a CAGR of 7.1% between 2021 and 2031, reaching US$ 13.4 Bn by the end of the assessment period. As of 2020, the market held nearly 15 to 18% of overall testing, inspection and certification market. During the same year, …

Middle East Conveyor Belts Market Revenue to Reach US$ 242.7 Mn by 2026

Future Market Insights (FMI) delivers key insights on the Middle East Conveyor Belts in its latest report titled, ‘Conveyor Belts Market: Middle East Industry Analysis and Opportunity Assessment, 2016-2026’. Middle East conveyor belts market is projected to register a healthy CAGR of 4.3% in terms of value during the forecast period (2016–2026). This is attributed to various …

Variable Frequency Drives Sales Set to Recover in 2021 as Regenerative Applications Complement Traditional Demand Channels: 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. To remain …

Global Pharmacy Automation Systems Market: Increasing need for Quality Care and Technological Upgrades Boost the Pharmacy Automation Systems market

According to a recent market report published by Future Market Insights titled “Pharmacy Automation Systems Market – Global Industry Analysis and Opportunity Assessment, 2016–2026,” the global Pharmacy Automation Systems market was valued at US$ 3,344.7 Mn in 2016, and is expected to register a CAGR of 6.2% from 2016 to 2026. To remain ‘ahead’ of your competitors, …

High Meat Consumption and Adoption of Automation Underscore Emerging Trends in Poultry Keeping Machinery: FMI

The newest market research study by Future Market Insights on poultry keeping machinery finds that the market was valued nearly at US$ 4.5 Bn in 2018, and is projected to grow by ~3% CAGR during the forecast period of 2019-2029. The study mainly attributes the rise in consumption of poultry meat for the positive growth prospects of the poultry keeping …

Woodworking Router Bits Market Progressing At A CAGR Of 4.8% Over Period 2022-2029

Router bits are used in several woodworking applications such as milling, drilling, grooving, profiling, engraving, carving, etc. High accuracy and precision of carbide-tipped router bits are giving them a competitive edge in the global market. High demand for design furniture is another plus point favouring market growth. Furthermore, high reselling value of carbide-tipped router bits …

Global Vapour Recovery Units Market Is Predicted To Grow At A 5.6% CAGR During 2022-2028

Vapour recovery units arrest vapour escaping from storage tanks, and help reduce VOC emissions by nearly 90%. Growing government restrictions and new regulations on the levels of VOC emissions are anticipated to elevate the sales of vapour recovery units across the world. These units also play a major role in reducing loss of crude oil …

Pallet Pooling Market To Grow With Considerable Value CAGR Of 6.2% During The Period 2022-2029

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 …