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The conveyor system market saw steady growth in 2021 with worldwide revenues up 3.5% year over year. Future Market Insights (FMI) has forecasted the conveyor system market to reach US$13.7 billion in 2021 at a CAGR of 4.5%, backed by increasing mergers & acquisitions by Tier-1 companies and integration of machine learning and internet of things in …
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The global demand for water treatment system market was valued at US$ 66,094 Million in 2022 and is expected to grow at a CAGR of 6.8% to US$ 111,922 Million by the end of their forecast period. It has become increasingly important to yield more with fewer resources. As the water treatment system market continues to encounter …
According to Future Market Insight’s recently published report, the image-based barcode reader market is expected to grow rapidly between 2020 and 2030. Rapid adoption of Industry 4.0 has resulted in the deployment of advanced technologies such as robotics, artificial intelligence, and cloud-based computing throughout the manufacturing sector. This has enabled businesses to streamline asset tracking …
The global electric sub-meters market is expected to accelerate near US$ 12.8 billion by the end of the forecast period due to rising demand in the energy and utilities sector (2022 to 2030). A recent Future Market Insights (FMI) report predicts that the market for electric sub-meters would develop at a promising rate through 2030. …
According to FMI’s analysis report, the global power tool gears market was valued at US$ 5.63 Billion in 2021 and is expected to grow at a CAGR of 5.1% between 2022 and 2030, with a significant impact felt in the initial period of forecast due to the current shutdown of manufacturing industries in emerging markets. …
According to a new Future Market Insights (FMI) study, the global CBRN protection equipment market will grow at a healthy CAGR of more than 5.5% between 2022 and 2029. Increased government emphasis on improving military force safety is a major driver of global sales of CBRN protection equipment. The increased production of bioweapons, bioagents, and …
According to Future Market Insights (FMI), the Global Deployable Military Shelter Market will grow at a 4.7% year-on-year rate in 2022, reaching a value of approximately US$ 1,068.2 million by the end of 2022. The evolving battleground requirements have necessitated increased military unit deployment in distant warzones and diverse terrains for strategic operational and training …
In its latest report, titled ‘Glass Door Merchandizers Market: Global Industry Analysis 2013 to 2021 & Opportunity Assessment 2022 to 2028,’ FMI presents detailed analysis and key insights on the global glass door merchandizers market. The long-term outlook for the global glass door Merchandizers market is positive, with the market expected to be valued at …
The global process liquid analyzer market is estimated to be worth around US$ 3.0 Billion in 2022. With rising adoption of process liquid analyzer across various industries such as oil & petrochemicals, water & wastewater treatment, and food & beverages, the overall demand is anticipated to rise at a moderate CAGR of 5.9% between 2022 and 2028, totaling a valuation of over US$ …
According to Future Market Insights’ most recent report, the global busbars market is expected to exceed US$ 23,177.7 Million by the end of 2028, up from US$ 18,278.9 Million in 2022, at a CAGR of 4.0%. Increased application in commercial venues such as hotels, research facilities, hospitals, and residential structures helped to sustain demand. This …