Typically, ductless heating and cooling systems are two-way heat pumps that transfer heat between indoor and outdoor air. A refrigerant is used to inflate or contract this air. The ductless systems use a refrigerant vapour compression cycle, which is similar to a standard refrigerator cycle. They use a refrigerant (cooling) cycle to gather heat from …
Category Archives: Industrial News
Machine Control System Market size is expected to surpass US$ 13.6 Billion during Forecast 2022 to 2032
Demand for machine control systems was valued at US$ 4 billion in 2021, and it is expected to grow at an annual rate of 8% throughout the forecast period. According to machine control system market research, the increased demand for precision in heavy machinery control and navigation is expected to drive global growth. Machine control …
Power Device Analyzer Market is expected to register a healthy CAGR of 5.0% during Forecast 2022 to 2032
According to the power device analyzer market study by Future Market Insights, the industry is expected to grow at a moderate pace with a CAGR of 5% from 2022 to 2032. (FMI). Asia-Pacific is likely to dominate the industry in the next years, thanks to rising demand for electric vehicles (E.V.s) and tougher government restrictions. …
Gas Insulated Substation Market: Worldwide Industry Analysis & Growth Opportunities Explored 2023 to 2033
Throughout the forecast period, the worldwide gas insulated substation market is expected to grow at a rapid 5.4% CAGR. The market for gas-insulated substations is currently valued at US$ 14.6 billion in 2023. The market for gas-insulated substations is expected to reach a high valuation of US$ 24.6 billion by 2033. Switchgear technological developments and …
Glass Reactors Market Outlook, Growth Opportunity & Demand Analysis by 2031
The global market for glass reactor is anticipated to grow at a CAGR of 5.6% over the forecast period 2021-2031, registering sales of 400 thousand units. Despite the challenges posed by COVID-19 outbreak, the market registered 4.6% year-on-year growth in 2021. Expansion of chemical and industrial sectors is propelling demand for glass reactors. Sales of glass reactors will …
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China Industrial Hoses Market Trends, New Business Opportunity & Demand Analysis by 2031
The China Industrial hoses market is expected to rise by 5.7 percent year on year in 2021, defying early concerns about how the business would fare during a worldwide pandemic. The entire demand for industrial hoses in China is estimated to reach US$ 548 million metres by 2031. According to Future Market Insights (FMI), the China …
Reverse Osmosis Pump Market Development Trends, Competitive Analysis & Key Manufacturers Report by 2031
The reverse osmosis pump market is expected to exceed US$ 6.1 billion in 2021, owing to rising applications in the oil and gas and water treatment industries, according to FMI. Between 2021 and 2031, demand for reverse osmosis pumps is predicted to grow at an 8.9% CAGR. From 2020 and 2021, the market surged by …
Domestic Booster Pumps Market Outlook, New Business Opportunity & Demand Analysis during Forecast 2022 to 2030
Future Market Insights (FMI) predicts the global Domestic Booster Pumps Market will be US$ 4.63 billion by 2030, increasing at a 7.1% CAGR through 2030. The research credits the market’s expansion to increased consumer awareness of the availability of energy-efficient solutions. Furthermore, the e-commerce industry’s growth is broadening the sales channel for household booster pumps. …
Image Based Barcode Reader Market: Key Players, Applications, Outlook, SWOT Analysis by 2030
Future Market Insights, an ESOMAR-certified research and consulting firm, conducted a new study on the image-based barcode reader market. The growing adoption of Industry 4.0 has accelerated the deployment of advanced technologies such as cyber-physical systems, cloud computing, robotics, artificial intelligence (AI), big data, and autonomous techniques throughout the manufacturing industry. This assists manufacturing firms …
Turbidimeter Market Development Status, Competition Analysis, Type & Application by 2022 to 2029
According to Future Market Insights (FMI), the Global Turbidimeter Market will grow at a 5.6% year-on-year rate in 2022, reaching a value of approximately US$ 641.8 Million by the end of 2022. The global business is anticipated to witness a considerable value CAGR of 4.0% during the period of 2022 and 2029. “Analyzing turbidity readings …