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The global large synchronous motors market is anticipated to be worth US$ 222 million in 2031. In its analysis, Future Market Insights (FMI) anticipates a stable long-term growth prognosis for the market. According to the analysis, the global massive synchronous motor market will expand at a moderate CAGR from 2021 to 2031. The report looks …
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According to the analysis, the global tritium light source market would increase at a rate of roughly 2.3% between 2021 and 2031. The report analyses 20+ high-growth markets, providing specific information on how the tritium light sources market will progress over the next decade. According to Future Market Insights (FMI), an ESOMAR-certified research and consultancy …
The global industrial temperature controller market is valued at $2.08 billion in 2022 and is expected to grow to $3.03 billion by the end of 2030. The addition of connectivity features for remote control of devices, as well as the reduction in equipment size, has allowed the sector to gain traction. From 2022 to 2030, …
According to a recent research by Future Market Insights (FMI), the elevator and escalator market is focused on cutting-edge technologies to make its products safer and more environmentally friendly. The market is expected to grow at a 5.3% CAGR and reach a value of US$ 232,656.1 Million by 2032. Some of the most prominent corporations …
The global non-destructive testing (NDT) inspection services market will be worth US$ 28 billion by 2030, according to Future Market Insights. The market is soaring as governments throughout the world increase their investments in infrastructure. As urbanisation accelerates, so does the demand for houses, trains, roadways, and airports. Because of their extensive use, these infrastructures …
Throughout the projected period, the compressed air filtration and dryer system market is expected to develop at a moderate CAGR of 6%. The compressed air filtration and drying system market is expected to grow from $5 billion in 2021 to almost $9.8 billion by 2032. Compressed air filters are increasingly being used to boost productivity, and …
The global industrial valves market is expected to be worth approximately $71.8 billion in 2022. With the increasing adoption of industrial valves for regulating material flow, overall demand is expected to rise at a moderate CAGR of 4.3% between 2022 and 2029, totaling US$ 96.2 Bn by 2029. Steel will continue to be the most …
According to a recent market analysis conducted by ESOMAR-certified consulting firm Future Market Insights (FMI), the global ultra-short base line positioning system market is expected to reach US$ 127.7 Million by 2021. Expansion of commercial trade via maritime operations, as well as increased interest in recreational travel, are key trends driving sales of ultra-short base …
The global commercial booster pump market is currently worth $5.41 billion, and it is expected to be worth $10.06 billion by the end of 2030. Global shipments of commercial booster pumps are expected to grow at an 8.1% CAGR between 2022 and 2030. The market will be worth $4.7 billion in 2020, according to the …
In 2022, the global agricultural equipment market is expected to be worth $68.12 billion. With increasing farm mechanisation and OEM investments in agricultural equipment, the overall demand for agricultural equipment is expected to grow at a CAGR of 4.8% between 2022 and 2032, totaling around US$ 108.86 billion by 2032. Agriculture tool demand is increasing …