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Variable frequency drives demand is set to grow at over 4% in 2021, with the growing emphasis on heating, ventilation, and air conditioning (HVAC) systems and automotive pumps which are expected to generate substantial growth opportunities. The projections are based on the latest edition by Future Market Insights (FMI), ESOMAR-certified research and consulting firm. The global …
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Future Market Insights delivers key insights on the global electrical enclosure market in a new publication. The long-term outlook on the global electrical enclosure market remains positive with the market value expected to increase at a CAGR of 4.9% during the forecast period (2018-2028). Among the end-use segments in the electrical enclosure market, the industrial segment is expected to expand …
[238 Pages] The global combi ovens market to grow with a year-on-year value growth of 10.2% in 2022 reaching a value of about US$ 1,996.9 Mn by 2022 end. Combi ovens are available for Convection, steaming, and combination cooking. The combination mode employs both dry heat and steam to maintain precise humidity levels in the food, allowing for more control over …
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According to a new research study by Future Market Insights (FMI), the process liquid analyser market is slated to reach a valuation of about US$4 Bn by 2028. From an estimated value of just under US$2.4 Bn in 2018, this indicates a decadal growth rate of 5.8% from 2018 to 2028. Mass urbanisation across the globe brought about by rapid …
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[284 Pages Report] The transformer monitoring system market sales will total US$2 billion in 2021. Demand outlook remains impressive as the market is forecast to register 10.1% CAGR between 2021 and 2031 Despite challenges posed by COVID-19 outbreak, the transformer monitoring system market registered 10.9% year-on-year growth between 2020 and 2021. Expansion in overseas territories for business development by original equipment …
The newest market research study by Future Market Insights on odour control system includes the global industry analysis for 2014–2018 and market forecast for 2019–2029. The study observes the odour control system market and offers detailed perceptions for the forecast period of 2019-2029. According to the analysis and study done in the report, the global odour control …
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[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$90.5 Bn by 2031. As per FMI, the demand for …
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[280 Pages Report] The agriculture equipment market will expand at a steady CAGR of 4.8% between 2021 and 2031. The market valuation is set to reach US$ 65 Bn by 2021 end. Owing to the increasing adoption of modern farm machinery, agriculture equipment sales are anticipated to reach around 6.7 Mn units by 2031. The Agricultural Equipment Market witnessed a year-on-year …
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Increasing the number of urban and rural infrastructure projects to meet the needs of the increasing population around the world is generating endless growth avenues for the aerial work platforms market. According to Future Market Insights (FMI), the aerial work platform market is expected to surpass US$ 7.09 Bn by 2021. The demand for aerial work …
The global demand for condition monitoring services is projected to surpass the valuation of over US$4 Bn by 2030 end. As suggested by a new Future Market Insights (FMI) report, substantial growth in the condition monitoring service market is mainly backed by the growth of the power generation industry, which holds a prominent share of the overall market value, …