The global concealed weapon detection systems market is estimated to record a value worth more than US$ 180 Mn by the end of 2020, and is estimated to cross the US$ 300 Mn mark by 2030. A huge demand for concealed weapon detection systems is being observed in aviation industry, government sector, and commercial spaces such as …
Category Archives: Business
Data Virtualization Cloud Market By Key Players, Competition Tracking, Applications & Forecast 2030
COVID-19 pandemic has boosted adoption of cloud-based platforms among businesses and small and medium-sized enterprises. Insights from recent studies reveal that over a third (38%) of companies are changing their focus to hybrid cloud structures as core component of their existing cloud strategy. Considering these factors, analysts at Future Market Insights (FMI) have forecast global adoption data virtualization …
Fleet Management Market By Key Players, Competition Tracking, Applications & Forecast 2030
As per the revised report by Future Market Insights (FMI), the global fleet management market is expected to expand at a CAGR of 10.4% over the forecast period (2021-2031). The growth can be attributed to growing adoption of cloud computing and big data analytics solutions for streamlining fleet management operations. The market valuation expected to surpass US$ 11.5 Bn …
Remote Construction Market to Witness a Pronounce Growth During 2020 -2030
Artificial intelligence (AI) and machine learning (ML) are keystones enabling expansion of the remote construction market. Future Market Insights (FMI) in its recent study forecasts immense possibilities for the market between 2020 and 2030, projecting it to rise at a CAGR of 14.2% during this period. An increasing number of companies are using modern technologies such …
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Ultrasonic Sensors Market to Witness a Pronounce Growth During 2020 -2030
The global ultrasonic sensors market is estimated to register a CAGR of 12.0% during the forecast period of 2020-2030. Ultrasonic sensors are widely used in robotics as these sensors are not affected by moisture, dust, and dirt and are also used in a dark environment since the light does not affect the sensor’s detection ability. Furthermore, use …
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Telehealth Software Market Expected to Expand More than Three-Fold through 2030
Future Market Insights predicts that the global telehealth software market will surge at an impressive CAGR of 17% between the forecast years of 2020 and 2030. Use of information and communication technologies in support of healthcare delivery is poised to become indispensable. The adoption of telehealth software is transforming the healthcare delivery phenomenally. With remote monitoring, wireless …
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Air Transport MRO Market to reach US$ 72.6 Bn in 2021
In a recent market study, ESOMAR-certified consulting firm Future Market Insights (FMI) projects the global air transport MRO market to reach US$ 72.6 Bn in 2021. With gradually increasing air travel and cargo transport rates, the market is poised to exhibit a 4.8% CAGR during the assessment period. Sales of air transport MRO services witnessed a downturn in 2020 due to …
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Emission Control Catalyst Market valuation of US$ 20.06 Bn during the forecast period 2021-2031
According to ESOMAR-certified consulting firm Future Market Insights’ (FMI), the global emission control catalyst market is projected to rise at above 10% CAGR, surpassing the market valuation of US$ 20.06 Bn during the forecast period 2021-2031. As per Future Market Insights (FMI) analysis, the global emission control catalyst market is anticipated to expand at a 6.50% compound annual growth rate (CAGR) during …
Hydrostatic Transmission Market for the next decade estimated at a CAGR value of over 5.9% during 2021-2031
On the backdrop of growing power transmission requirements in off road vehicles and material handling systems, Future Market Insights projects a promising growth outlook for the global hydrostatic transmission market for the next decade estimated at a CAGR value of over 5.9% during 2021-2031. By capacity, in terms of value, medium duty segment will continue to represent …
Fifth Wheel Coupling Market stands to grow at 5.7% CAGR between 2021 and 2031
Fifth Wheel Coupling Market Snapshot [375 Pages Report] Sales in the fifth wheel coupling market stands to grow at 5.7% CAGR between 2021 and 2031 in terms of value. Volume demand is estimated to grow at a CAGR of 5.3% over the forecast period. As per Future Market Insights (FMI), the fifth wheel coupling market represents 4% …
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