Future Market Insights, an ESOMAR-certified market research provider, opines that the long term outlook for hydrogen electrolyzer market will remain optimistic with growth pegged at 10% through 2030. With costs of renewables substantially dropping, making them more competitive with conventional fuels, their use as feedstock for hydrogen electrolysis will boost market growth subsequently. Research for hydrogen fuel …
Category Archives: Press Release
Global Scissor Lifts Market lifts to reach a market value of ~US$ 4.5 Bn by 2031.
Surging construction activities will be boost sales of scissor lifts. In a new study Future Market Insights (FMI) has projected the global market for scissor lifts to reach a market value of ~US$ 4.5 Bn by 2031. With rental companies playing a pivotal role in the scissor lifts market, organization in the rental industry are …
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Industrial Valves Market is expected to grow at a CAGR of ~4% : FMI
Up from the revenues worth US$61 Bn registered in 2018, the global market for industrial valves is projected to witness modest growth by the end of 2019. A new market research report by Future Market Insights (FMI) suggests that the increasing exploration activities for new water sources will predominantly favour the growth of market over coming years. The steady …
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Agricultural Equipment Market Sales to Exceed 6.7 Mn Units by 2031-end,
As per a recent survey by FMI, the global agricultural equipment market is expected to total US$ 65 Bn in 2021. In response to surging demand for advanced and automated technologies in the agricultural sector, the market is anticipated to register steady demand. As per FMI, the global agricultural equipment market will expand at 4.8% CAGR between 2021and 2031 …
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Barcode Scanner Market is expected to grow at a CAGR of over 7.6% between 2021 and 2031
As per newly released data by FMI, the barcode scanner market is estimated to be worth US$ 7 Bn in 2021. The market is expected to grow at a CAGR of over 7.6% between 2021 and 2031. Increase in healthcare sector is expected to increase the demand for barcode scanners over the assessment period. Despite challenges posed by COVID-19 outbreak, the …
Power Tools Market | Present Scenario and outlook remains positive as FMI forecasts the market to rise at ~5.1% between 2021-2031.
The global power tools market is expanding at a significant rate on the back of consumer inclination towards cordless power tools. This is anticipated to remain the key defining factor in the power tool market. As per Future Market Insights (FMI) analysis, the global power tools market is expected to reach US$ 33.36 Bn in 2021. The …
Flooded Battery to Remain Top Choice across Industries, Accounting for 49.0% of Global Lead Acid Battery Market Sales in 2021: 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 …
Over 60% of Hand Tools Sales to Concentrate in Industrial Applications: New Study
The proliferation of do-it-yourself (DIY) culture owing to the rising labor costs in developed countries such as the UK, U.S., and Germany is anticipated to play a pivotal role in increasing the demand for hand tools. A study by Future Market Insights (FMI) has predicted the global hand tools market to reach ~US$ 25.6 Bn by the …
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Commercial Refrigeration Equipment Market: Worldwide Industry Analysis and New Market Opportunities Explored By 2021
Witnessing an uptick of 3.4% over 2018, the worldwide sales of commercial refrigeration equipment will exceed revenues worth US$ 46 Bn by 2019 end. As indicated by a recent research study of Future Market Insights (FMI), the market for commercial refrigeration equipment will progress at a moderate CAGR over 2019 – 2029. The demand would be prominently …
Automotive Smart Antenna Market Insights, Deep Analysis of Key Vendor in the Industry 2021-2028
Automotive smart antenna is a signal receiving and signal transporting device through which wireless devices, Bluetooth devices, 3G/4G services, and others are connected. The connection may be done via wire or wireless medium. All wireless information pertaining to vehicle’s safety and security depends upon an automotive smart antenna. In conventional vehicles, automotive smart antenna is …