New Product Development
UV lamps are basic lamps that emit ultraviolet radiation with a wavelength ranging between 400 nm and 100nm. UV light is basically classified into three wavelengths: UV-A, UV-B and UV-C. This report covers UV-C, also known as germicidal UV – with wave length ranging between 100 nm to 280 nm – and its purpose is …
Continue reading “UV LED segment is anticipated to expand at a double-digit CAGR from 2015 to 2025.”
Future Market Insights (FMI) digs deep into the global bridge expansion joints market and fetches key information through structured market research. The report titled “Bridge Expansion Joints Market Global Industry Analysis 2016–2020 and Opportunity Assessment 2021–2031” gauges the market and predicts the future demographic and changes. Based on the findings specified in the report, the …
The global industrial robotics market size in 2018 was ~US$ 17 Bn. The industrial robotics market is expected to grow at a CAGR of ~17% during the forecast period of 2019-2029. Increasing demand for articulated robots for applications such as assembly, welding, and packaging has been recently driving the sales of industrial robots. East Asia is likely to account for half …
As per newly released data by FMI, the barcode scanner market is estimated to be worth US$ 7 Bn in 2021. The market is expected to grow at a CAGR of over 7.6% between 2021 and 2031. Increase in healthcare sector is expected to increase the demand for barcode scanners over the assessment period. Despite challenges posed by COVID-19 …
The Conveyor system market will register steady growth with the overall valuation forecast to surpass US$ 13.7 Bn in 2021. The market’s worth will increase at a compound annual growth rate (CAGR) of 4.5% between 2021 and 2031. Global Conveyor system sales are expected to return to 2019 level, with shipments expected to reach 16,000 units by the end of 2031, …
The global pallet trucks market is expected to register a CAGR of 6.8% during 2018 – 2028 with China, Europe and North America accounting for significant market value shares by the end of the forecast period. FMI delivers key insights on the global pallet trucks market in its report entitled ‘Pallet Trucks Market: Global Industry Analysis 2013 – 2017 …
[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. The proliferation of do-it-yourself (DIY) culture owing to the rising labor costs in developed countries such as …
Continue reading “Global Hand Tools Market to reach US$ 25.6 Bn by the end of 2031 :FMI”
Driven by increasing applications in the oil and gas and water treatment sectors, the reverse osmosis pump market size is expected to surpass US$6.1 Bn in 2021, as per latest insights by Future Market Insights (FMI). The reverse osmosis pump demand outlook remains positive, and it is forecast to rise at a CAGR of 8.9% from 2021 to 2031. The market …
The Americas steel pipes market reached a valuation of US$20.5 billion in 2019. This sector is projected to rise at a moderate 3.3% CAGR between 2020 and 2030. The demand for steel pipes in the Americas has continued growing through 2020, despite challenges arising from the coronavirus pandemic. Rising public and private sector investments into the energy, oil & …
According to a recent study of Future Market Insights (FMI), the cathodic protection market will witness a robust expansion at nearly 6% CAGR through 2028. According to the National Association of Corrosion Engineers’ (NACE) ‘International Measures of Prevention, Application and Economics of Corrosion Technology (IMPACT)’ study, the global cost of corrosion was over US$ 2,500 Bn in …