Global sales of substation automation are expected to increase at 6% CAGR between 2021 and 2031, estimates Future Market Insights (FMI). With a favorable demand outlook, the substation automation market size is projected to top US$ 37.8 Bn in 2021 and is expected to reach US$ 67.29 Bn by 2031. After countering the initial slowdown caused by the COVID-19 outbreak, recovery of the …
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Lead Acid Battery Market sales to increase at 5.2% CAGR between 2021 and 2031.
[250 pages Report] The lead acid battery market valuation is expected to reach US$ 54.3 Bn in 2021. Future Market Insights (FMI) analysis has forecast the lead acid battery sales to increase at 5.2% CAGR between 2021 and 2031. According to the study, the overall lead acid battery market valuation will top US$ 90.5 Bn by 2031.As per FMI, the demand …
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Automation will Make Further Inroads in Vibration Control System Market: FMI Study
Demand for vibration control systems is likely to witness a revival in 2021, according to the latest edition of the study by ESOMAR-certified market research firm, Future Market Insights (FMI). The study also finds that a significant percentage of industry players are confident of growing investments in automation, a strategy stalled by COVID-19 outbreak. However, the pace …
Pneumatic Actuator Market is set to ascend at over 5% CAGR through 2031.
[302 pages Report] Global pneumatic actuator market is set to ascend at over 5% CAGR through 2031.Requirement for pneumatic actuator grew exponentially over the past years with the surge in application across various sectors such as industrial automation, transportation, and offshore, to name a few. Though the outbreak of the COVID-19 temporarily disrupted the pneumatic …
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Drip Irrigation Offerings to Account for More than 60% of the Micro Irrigation Systems Market: FMI Report
The global micro irrigation systems market is expected to grow at an exponential rate of more than 13% CAGR through the end of 2031, according to insights from the latest study from Future Market Insights (FMI) an ESOMAR-certified research and consulting firm. The report provides a detailed analysis in more than 20 high growth regional markets, with …
Contact Tracing Applications Market Set to Grow at 15% CAGR through 2030
Contact tracing applications are being used to leverage the widespread global penetration of smartphone devices in controlling infectious disease outbreaks. According to Future Market Insights’ latest research, the market is set to grow at 15% CAGR through 2030. Also, Future Market Insights has projected substantial scope of increasing applications in disease control even after the conclusion …
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Gold Plating Chemicals Market to grow at 4.5% CAGR through 2030
Driven by the surging industrial uses, the gold plating chemicals market is forecast to grow at 4.5% CAGR through 2030. Future Market Insights (FMI), in its recent study, has identified the expanding applications in electronics as a chief market driver. As key players in the sector aim at innovation and commercializing their product portfolio, the scope for …
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Positive Displacement Pumps Sales Set to Account for 22% of Oil and Gas Industry Application: Future Market Insights
Global positive displacement pump market is set to be valued at over US$ 2.6 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The report forecasts the market to expand at around 4% CAGR between 2021 and 2031. Growing need in the oil and gas and water distribution sectors …
Aircraft Refurbishing Market 2021 Outlook, Current and Future Industry Landscape Analysis 2031 : FMI
As per Future Market Insights analysis, the aircraft refurbishing market is projected to be valued at US$ 4.2 Bn in 2021. Increasing airline fleet across the globe and the rise in demand for better comfort are expected to boost the aircraft refurbishing market between 2021 and 2031. The market is projected to expand at a CAGR of 5.8% between 2021 and …
Global Gypsum Market to reach US$ 7.4 Bn by 2031 – FMI
The global gypsum market is estimated to expand at 6.2% CAGR over the forecast period between 2021 and 2031, finds Future Market Insights (FMI) in a recent market analysis. Domestic consumers of gypsum are expected to remain dominant end users. This can be attributed to expansion of key end-use industries such as the construction sector, especially in …
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