New Product Development
According to FMI, in the Asia Pacific region, heat pumps will dominate the market for, followed by North America. By the end of 2030, it is anticipated that APAC and North America will hold a combined revenue share of 73.9 percent of the global market. According to Future Market Insights (FMI), by the end of 2022, the heat pump …
Continue reading “Heat Pumps Market is to grow at 4.3% During the Forecast Period 2021 to 2031”
The global slitting machine market was worth $498 million in 2022 and is expected to reach $682 million by 2032, growing at a CAGR of 3.2% during the forecast period. Slitting paper, plastic film, and metal foil is a common task for a slitting machine. Soft material can be slit using either circular or straight …
During the forecast period, the global spiral freezer market is expected to grow at a 4.6% CAGR, reaching a value of US$ 6,089.1 million by 2032. The market is currently valued at US$ 3,884.2 million in 2022. You can freeze food in batches or individually. The components of these systems must be extremely durable due …
In 2022, the market for sirens is expected to be worth US$ 170.1 million. By 2032, the market for sirens is expected to grow at a CAGR of 3.7%, reaching a value of US$ 244.0 million. The use of sirens is expected to increase, whether for announcements or on emergency vehicles such as ambulances, police …
Continue reading “Sirens Market is projected to secure a CAGR of 3.7% during Forecast 2022 to 2032”
According to Future Market Insights (FMI), the EMC shielding and test equipment market will be worth US$ 11 billion in 2032, up from US$ 7.1 billion in 2022. It is expected to grow at a healthy 4.5% CAGR over the forecast period. Because of the increased use of consumer communication devices, there has been an …
The report provides in-depth analysis of more than 20 high-growth regional markets, as well as comprehensive information on the prospects of micro irrigation systems over the next decade. According to Future Market Insights (FMI), an ESOMAR-certified research and consulting firm, the global micro irrigation systems market is expected to grow at an exponential rate of …
Continue reading “Rapid Growth and Potential of Micro Irrigation Systems Market by 2031”
The global desiccant wheel market is expected to grow at a 5.1% CAGR from 2022 to 2032, rising from an initial valuation of US$ 431.5 Million in 2022 to US$ 708.4 Million in 2032. Desiccant dehumidifiers have proven to be significantly more effective and faster than compressor-based dehumidifiers, increasing the market share of desiccant wheels. …
According to a recent FMI report, the DC switchgear market is expected to grow at a 6% CAGR over the forecast period. The region’s dominance in the global market is the result of several governments in this region implementing innovative grid programmes and massive investments in modernising electricity transmission and distribution networks. DC switchgear statistics …
Positive displacement pumps are used to move fluids between and within facilities. According to the most recent Future Market Insights data, the global positive displacement pump market is expected to be worth more than US$ 2.6 billion in 2021, with a stable long-term projection (FMI). Because the food and beverage industries require food-grade pumps, companies …
During this procedure, the chemical resin naturally fills or covers all gaps and irregularities, making the hole airtight and enhancing adhesion. Chemical anchors are being used in a majority of steel constructions, column bases, and scaffold anchoring owing to their superior characteristics compared to their counterparts. Chemical anchoring improves adherence, adding superfluous strength. Just a few of …