As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global building automation systems market totaled US$ 44.6 Bn in 2021. Rapid advancements in building automation systems, coupled with the emergence of connective technologies such as artificial intelligence, machine learning, and cloud computing will continue augmenting market growth during the forecast period. FMI projects the market …
Category Archives: Press Release
World Sirens Market Share by 2031: Upcoming Trends and Analysis : FMI
Future Market Insights (FMI)’s upcoming research study on the global Sirens market lays bare undercurrents and opportunities for key market stakeholders. The report provides in-depth insights on the Sirens market through a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. Valuable information and forecast statistics covered in …
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Optical Spectrum Analyzer Market Records Growth as Demand from IT and Telecommunication Rises: FMI
Optical spectrum analyzer market is considerably gaining from the rising demand in the IT and telecommunication industry. According to a new study by Future Market Insights (FMI), the market will continue exhibiting steady growth since optical spectrum analyzer is an important tool in signal discrimination that finds application across diverse industries starting from IT to aerospace. …
Tool Holders Market expected to witness a considerable value CAGR of 5.4% during the period of 2022 and 2028.
[248 Pages] The global tool holders market to grow with a year on year growth of 5.2% in 2022 reaching a value of about US$ 1,173.4 Mn by 2022 end. Tool holders are necessary for connecting high-speed tools such drills, taps, milling cutters to a machine in an efficient and safe manner. It is very crucial in mechanised procedures that need …
Power Tools Market demand by 5.1% CAGR between 2021 and 2031.
[298 Pages Report] The global power tools market size is expected to reach US$ 33.36 Bn in 2021. Increasing sales of cordless power tools will drive growth in the power tools’ demand by 5.1% CAGR between 2021 and 2031. As per the latest Future Market Insights (FMI) analysis, demand for electric power tools and portable power tools will rise exponentially in …
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Robotic Grippers Market is anticipated to grow at a CAGR of ~ 10% during the forecast period
A new market research study by Future Market Insights on the robotic gripper market contains global industry analysis 2014-2018 and opportunity assessment 2019-2029. The report investigates the robotic gripper market and provides critical insights for the forecast period of 2019-2029. As per the findings of the report, the global robotic gripper market is expected to experience substantial …
Walk-in Coolers and Freezers Market a robust growth with a CAGR of ~5% over the forecast period
Future Market Insights (FMI), in its new report, estimates worldwide sales of walk-in coolers and freezers at US$ 8.6 billion in 2019. Widespread consumer acceptance of frozen and processed food, along with a steep rise in the demand for efficient refrigeration facilities to store and maintain the shelf life of these products, allude a brighter future …
Carbide Tools Market Is Projected To Reach US$ 10,726.3 Mn By The End Of The Forecast Period
[315 Pages Report] The global Carbide Tools market is projected to reach US$ 10,726.3 Mn by the end of the forecast period while growing at a value CAGR of 7.0%. According to Future Market Insight’s volume analysis, the global Carbide Tools Market is estimated to have reached 187,652.6 thousand units by 2018 end and is expected to reach 365,280.9 thousand …
Woodworking Router Bits Market Value to US$ 150 Mn by 2029
Router bits are used in several woodworking applications such as milling, drilling, grooving, profiling, engraving, carving, etc. High accuracy and precision of carbide-tipped router bits are giving them a competitive edge in the global market. High demand for design furniture is another plus point favouring market growth. Furthermore, high reselling value of carbide-tipped router bits …
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Heat Pumps Market to Hit US$ 50 Bn Mark by 2030 : FMI
According to FMI’s recent study, the global heat pumps market was valued at around US$32 Bn in 2019 and is estimated to expand at a CAGR of 5% over the forecast period of 2020-2030, with a limited impact of the current pandemic situation on long-term growth forecasts. Increasing demand for tech-advanced cooling solutions with low carbon footprint, government initiatives to curb greenhouse …
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