The global demand for automotive glass has declined significantly in 2020, with the Covid-19 pandemic restricting automotive production and reducing new orders in the manufacturing sector. However, long-term prospects remain bullish, with a new report by FMI projecting 4% CAGR through 2030. The report opines that market players will benefit from smart glass technology and the rising …
Category Archives: Business
Advanced Driver Assistance System (ADAS) Testing Equipment Market reached US$ 222,486 Thousand in 2021 | Konrad GmbH, AB Dynamics plc, National Instruments Corporation, TKH Group NV
As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global ADAS testing equipment market reached US$ 222,486 Thousand in 2021. Development of sophisticated ADAS equipment, coupled with increasing adoption of autonomous vehicles in various countries, is identified as key growth accelerators in the report. Owing to these factors, FMI has projected the market …
Electric Bike Market 2021 | Latest Trends, Demand, Growth, Opportunities & Outlook Till 2027 | Top Key Players: ECCITY Motocycles, Hero Electric Vehicles Private Limited, Gogoro Inc., GOVECS Gmb
FMI delivers key insights on the global electric bike market in its latest report titled “Electric Bike Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027.” The long-term outlook on the global electric bike market remains positive with the market value expected to increase at a CAGR of 3.1% during the forecast period (2017-2027). Among the battery …
Aerial Work Platform (AWP) Market will expand at a CAGR of 12.0%
[192 pages Report] An aerial work platform (AWP) Market are commonly used for all kinds of maintenance and construction activities, especially when it needs to be done at a certain height. It is used extensively in maintaining overhead lines in the power and telecommunications and in arboriculture industries. Aerial work platforms might even have advanced …
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CBRN Protection Equipment Sales Majorly Upheld by Personal Protection Equipment; Global Market Revenues Poised for 5% CAGR Through 2029
A new Future Market Insights (FMI) study suggests that the global CBRN (Chemical, Biological, Radiological and Nuclear) protection equipment market will exhibit a healthy CAGR of more than 5% during the forecast period of 2019 – 2029. Greater emphasis of governments on enhancing safety of military forces constitutes a major push to global sales of CBRN protection …
50% Mud Pumps Market Revenue Concentrated Among 10 Manufacturers: Study
In its latest report, Future Market Insights estimates global mud pumps market to surpass US$ 1.18 Bn by 2031, on the back of broader developments in oil & gas sector. The market will also be influenced by mushrooming of mid-sized companies, especially in North America. For instance, EOG resources, a US company headquartered in Houston, has been extensively dabbling …
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Demand for EUV lithography is set to grow 7x by 2029, accounting for revenue worth around US$ 22 Bn.
Miniaturization of integrated circuits and microchips, elevated wafer production, and consistent growth of the semiconductors industry are anticipated to propel the adoption of EUV lithography into chip manufacturing across the globe. EUV lithography market is estimated for a staggering CAGR of 22% during the forecast period of 2019-2029. EUV Lithography Market Key Takeaways Reduction of microchip sizes to …
Elevator and Escalator Market Records Growth as Demand from Building & Construction Industry Surges: FMI
Companies operating in the elevator and escalator market are focusing on cutting-edge technologies to make their products safer and eco-friendly, finds Future Market Insights (FMI) in a recent study. Get | Download Sample Copy with Graphs & List of Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-12768 Some of the leading companies are incorporating IoT technologies in connected elevators and escalators. This has allowed …
Painting Robots Market 2021 | Present Scenario and Growth Prospects 2026
Future Market Insights (FMI)’s upcoming research study on the global Painting Robots market lays bare undercurrents and opportunities for key market stakeholders. The report provides in-depth insights on the Painting Robots market through a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. Valuable information and forecast statistics …
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Water Electrolysis Machine Market Driven by Growing Sustainability Initiatives: FMI Report
The global water electrolysis machine market has been impacted marginally by the coronavirus pandemic. As per a new report by Future Market Insights (FMI), the industry surpassed US$ 10.6 billion in 2019 and is estimated to reflect a healthy 7.6% CAGR through 2030. Innovations in crude oil processing applications will support developments in the market. Despite the …