As per a new market research report on the electrical digital twin market published by Future Market Insights, the sales of electrical digital twin will advance at a CAGR of 12 percent from US$ 0.9 billion in 2021 to US$ 3.13 billion in 2032. The increased acceptance of innovative technologies such as IoT and cloud for digital twin applications and …
Category Archives: Press Release
Global Tower Crane Rental Market Expanding at a 5.7% CAGR over the forecast period,
The global tower crane rental market is projected to top US$ 6.49 Bn in 2021, according to a recent market analysis by ESOMAR-certifies consulting firm Future Market Insights (FMI). With a favorable demand outlook, the market is estimated to grow at a 5.7% CAGR, reaching 54,685 units in terms of volume. Get | Download Sample Copy with Graphs & List …
Pre-Insulated Pipe Market has witnessed significant growth in recent year : FMI
Global pre-insulated pipe sales are set to be valued at US$ 5,470.5 Mn in 2021, with a stable long-term projection, according to the latest market study from Future Market Insights, ESOMAR-certified research, and consulting firm. The report estimates the global pre-insulated pipes market to grow at nearly 5.8 % during 2021-2031. The report offers analysis in 20+ high-growth …
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Conveyor System market’s worth will increase at a compound annual growth rate (CAGR) of 4.5% between 2021 and 2031
The conveyor system market saw steady growth in 2021 with worldwide revenues up 3.5% year over year. Future Market Insights (FMI) has forecast 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 material handling solutions. Conveyor …
Electric Motor Market Valued At Over US$104 Bn In 2021, Will Expand To Over 5.1% CAGR From 2021 To 2031: FMI
The Electric Motor Market to exhibit year-on-year (YoY) growth of 4.2% in 2021 to total 1.2 billion units. As per the report, demand in the DC motors segment will grow by 2.2% to 339 million units in 2021, while the AC Motors segment was up 5.1% to 837 million units. Global sales of electric motors will be valued at over US$104 Bn in 2021, with a stable long-term projection, according to …
Barcode Scanner Market Is Expected To Grow At A CAGR Of Over 7.6% Between 2021-2031
The global barcode scanner market is estimated to be valued worth US$ 7 Bn in 2021, according to FMI. The market is expected to register robust growth on the backdrop of healthy demand from retail, e-commerce and logistics, healthcare, and manufacturing sectors. Get | Download Sample Copy with Graphs & List of Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-2871 The advent of barcode technology …
U.S. High Pressure Processing Market is expanding at a CAGR of 16.7% during 2016-2026
In its latest report, Future Market Insights (FMI) has identified few of the major trends governing the overall market for high pressure processing equipment (HPPE). In brief, rapid adoption of high pressure processing technique among premium juice manufacturers, automation and technological innovation and growing number of HPP tolling service providers are playing a major role in shaping the market …
Global Barcode Printers Market Projected to Register a CAGR of 7.4% Between 2016 -2026
The global Barcode Printers market is projected to register a CAGR of 7.4% in terms of sales over the forecast period of 2016 to 2026 primarily driven by factors affecting its end-use. Barcode printers are dedicated printing devices utilized for printing barcodes and product labels. Barcode printers differ slightly from traditional printers as these printers use different types of consumables to achieve …
Global Solar Micro Inverters Market to expand at a 16.6% CAGR over the forecast period
The global solar micro inverter market is expected to reach US$ 488.2 Mn by 2016 end and expand at a 16.6% CAGR over the forecast period (2016-2026).Solar Micro Inverter is a DC to AC inverter used with photovoltaic installations. Unlike conventional string/central inverters, a micro inverter works on Module Level Power Electronics i.e. power conversion takes place …
Lead Acid Battery sales to increase at 5.2% CAGR between 2021 and 2031 : FMI
The global sales of lead acid battery are set to be valued at over US$ 54.3 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The report has forecast the market to expand at over 5.2% CAGR between 2021 and 2031. According to the market analysis by Future Market …
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