The global demand for water treatment market stood at US$ 66,094 Mn in 2022 and is slated to increase at a CAGR of 6.8% to reach a valuation of US$ 111,922 Mn by the end of their forecast period. The historical growth of water treatment system market from 2015 to 2021 is valued at a CAGR of 5.5%. The growing emphasis on the significance of fresh …
Category Archives: Press Release
Non-destructive testing (NDT) inspection services market to register a CAGR of over 6% between 2020 and 2030
The global non-destructive testing (NDT) Inspection services market is experiencing a spike in revenues as various end users are investing making their methods safe for workers and consumers. Primarily used to identify defects, faults, and cracks, the NDT inspection services play an important role in industries that use machinery for automation. Constant checks ensure evaluation of …
Sales of Agriculture Equipment to Surpass 6.7 Mn Units through 2031
ESOMAR-certified consulting firm Future Market Insights (FMI) in its latest report forecasts that the global agricultural equipment market will register a CAGR of 4.8% between 2021 and 2031, reaching a market volume of around 6.7 Mn units by 2031 end. The swift growth of agricultural equipment market can be attributed to the growing preference for farm mechanization and increasing governmental policies …
Continue reading “Sales of Agriculture Equipment to Surpass 6.7 Mn Units through 2031”
Robotic Lawn Mower Market is anticipated to progress steadily at a CAGR of over 11.5% between 2022 and 2031
Technological advancements and rising penetration of artificial intelligence have paved the way for increased sales of robotic lawn mowers, since they have become much more efficient. Rising dependency on automation in the commercial sector to decrease operating costs and increasing adoption of domestic robots for residential applications are major factors estimated to drive the growth …
Crane Market Set for US$ 57.1 Bn Valuation by 2029 : FMI
In the current market scenario, rising number of construction projects in South East Asian and Latin American countries, and tie-ups with prominent sales channel partners and manufacturing entities for long-term supply, will drive the global crane market. Further, integration of smart solutions and automation in cranes are expected to enhance sales during the forecast period. Strong …
Continue reading “Crane Market Set for US$ 57.1 Bn Valuation by 2029 : FMI”
Electric Sub-meter Market to Close in on US$ 13 Bn by 2030, with Rapid Resurgence Expected Post COVID-19 Pandemic: FMI
In the current market scenario, prominent manufacturers are focusing on R&D activities for developing smart sub-meters in order to cater to several applications. Smart sub-meters help reduce electrical leakages and power cuts, and provide accurate consumption data to customers. Global value of the electric sub-meter market was US$ 9.74 Bn in 2021, and is projected to follow …
Industrial Robotic Motors Market is anticipated to grow at a CAGR of ~13% during 2019-2029.
A new market research study by Future Market Insights on the industrial robotic motors market contains global industry analysis 2014–2018 and opportunity assessment 2019–2028. The report investigates the industrial robotic motors market and provides critical insights for the forecast period of 2019-2029. As per the findings of the report, the global industrial robotic motors market is …
Building Automation Systems Market Is Poised To Grow At A Robust 7.8% CAGR Through 2031
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. Get | Download Sample Copy with Graphs & List of Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-2150 Rapid advancements in building automation systems, coupled with the emergence of connective technologies such as artificial intelligence, machine learning, and cloud computing will …
Land Survey Equipment Market Is Expected To Increase At 7.8% CAGR During 2021 – 2031
Global sales of land survey equipment are set to be valued at over US$ 6.0 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The report estimates the market to expand at over 7.8% CAGR from 2021 to 2031. Get | Download Sample Copy with Graphs & List of …
Safety Sensors And Switches Market Grow At An Impressive CAGR Of 10.2% During Forecast 2022-2028
The market for safety sensors and switches in ASEAN countries is likely to grow by more than 8%, yearly, in 2019. As depicted in a new research study of Future Market Insights (FMI), adoption of safety sensors and switches across the ASEAN industries will be prominently driven by those based in Indonesia, Malaysia, and Thailand. …