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The global Industrial Automation Market is expected to have a significant CAGR of 7% during the forecast period to reach a valuation of US$ 51 Bn by 2026, up from US$ 36 Bn in 2021. The efficient flow of information across multiple units in an industry allows for the most efficient conversion of raw materials to completed goods, emphasizing the importance of the …
Continue reading “Industrial Automation Market is to reach a valuation of US$ 77 Bn by 2032”
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 growth trajectory …
Continue reading “Switchgear Market is projected to expand at a 5.7% CAGR-FMI”
The global automotive semiconductor market is currently valued at $54.9 billion and is expected to reach $94.99 billion by the end of 2030. From 2022 to 2030, it is anticipated that shipments of automotive semiconductors would grow at a CAGR of 7.1 percent. The automotive semiconductor market is growing remarkably quickly. Future Industry Insights (FMI) projects that …
The overall Storage-Area Network (SAN) market is expected to be valued at US$ 19,576 Mn in 2021, and to grow at a CAGR of 3.9% to reach US$ 26,867 Mn by 2029. The SAN market accounts for approximately 7% of the total state-of-the-art data storage market. The market for storage area networks (SANs) is expected to grow …
The market for security advisory services was estimated to be worth $11.1 billion. By the end of 2032, the market is forecast to be worth US$ 41.4 Bn, with a CAGR of 12.1% over the following ten years. The rise of the market is being driven by the quick development of IT infrastructure and technology. The CISO …
The lead-acid battery market is expected to be worth $54.3 billion in 2021. According to Future Market Insights (FMI), lead-acid battery sales will grow at a 5.2% CAGR between 2021 and 2031. According to the study, the total market value will exceed US$ 90.5 billion by 2031. According to FMI, the demand for AGM batteries is expected to rise rapidly, with …
According to a new market study by Future Market Insights (FMI), the global data virtualization cloud market is forecasted to witness substantial growth in terms of value between 2020 and 2030. The report attributes the growth of the market to the growing trend of business resilience, cost optimization, and Infrastructure as a Service (IaaS) in the IT …
Continue reading “Data Virtualization Cloud Market Demand And Forecast 2022 – 2030”
Train Contactors is an electronic equipment used in railroad vehicles for application like Lighting, ventilator, braking, door control and heating. This product are used to enhance the security of the electronic assemble in any rolling stock vehicle. Train Contactor have its application in almost all types of railroad vehicles. It does not only facilitate the …
Strong focus on ‘test & trace’, and growing clamor for mass testing will continue to drive demand for Covid-19 diagnostics in 2020 and beyond, according to a new research by ESOMAR-certified firm Future Market Insights (FMI). The study provides a long-term outlook on the Covid-19 testing kits market, providing a likely scenario until 2030. Although successful vaccines …
With 1000+ market research reports and 1 billion+ data points, Future Market Insights (FMI) serves each and every requirement of the clients operating in the global packaging industry. FMI deploys digital intelligence solutions to offer compelling insights to report buyers that help them in overcoming market challenges, especially at the time of a crisis. Our …