The global residential robotic vacuum cleaner market will possibly attain a value worth US$ 1,491.0 Mn by 2016, up from US$ 1,255.0 Mn recorded in 2015. In-house robotic vacuum cleaner will remain a leading product type segment, whereas Europe will continue to be the largest regional market for residential robotic vacuum cleaner. Rising urbanisation is the primary …
Category Archives: Press Release
Consumer Electronics Market to expand at a CAGR of 5.6% through 2031
Global consumer electronics shipments are set to surpass 12 billion units in 2021, as success with COVID-19 vaccination and gradual reopening raise consumer confidence. Sales will be supported by relatively less precarious COVID-19 scenario in Asia Pacific, home to some of the fastest growing consumer electronics markets in the world. In the updated edition of …
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Managed File Transfer (MFT) Market is anticipated to grow from a valuation of US$1.6 Bn in 2020 to US$ to over US$4.5 Bn by 2031
According to a study by Future Market Insights (FMI), the managed file transfer (MFT) market will surpass US$ 1.7 Bn in 2021 on the Back of increasing adoption in BFSI and IT & Telecom industries. Rising adoption of cloud solution to securely transfer and share various types of data is expected to propel demand for managed file …
High Voltage Direct Current (HVDC) Transmission System Market to register an 8.8% CAGR during the projected period 2016-2026
According to Future Market Insights’ report titled “High Voltage Direct Current (HVDC) Transmission System Market: Global Industry Analysis and Opportunity Assessment 2016-2026,” the global market for high voltage direct current transmission systems, which is now valued at US$ 6,191.8 Mn, is likely to reach US$ 14.36 Bn in market value by the end of 2026 – attaining expansion at a CAGR of 8.8%. …
Transformer Monitoring System Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2031
The transformer monitoring system market exhibited year-on-year growth of 10.9% in 2021, backed by increasing adoption of green transformers leading to up-gradation of associated monitoring system and growing emphasis on improving reliability of power grid. FMI states that, transformer monitoring system market revenue grew by 8.5% between 2016 and 2020. It is predicted that sales revenue will …
Odour Control System Market 2022 Expectations & Growth Trends Highlighted Until 2029
The newest market research study by Future Market Insights on odour control system includes the global industry analysis for 2014–2018 and market forecast for 2019–2029. The study observes the odour control system market and offers detailed perceptions for the forecast period of 2019-2029. According to the analysis and study done in the report, the global odour control …
Tower Crane Market 2022 Assessment and Key Insights Analyzed Till 2031
Global tower crane sales are set to be valued at US$ 19.3 Bn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The report estimates global tower crane market to grow at nearly 4.8% during 2021-2031. The report offers analysis in 20+ high-growth markets, …
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Aircraft Ground Support Equipment Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2031
Future Market Insights (FMI) in its latest analysis forecasts that the aircraft ground support equipment market will expand at a healthy CAGR of 6.5% between 2021 and 2031. The market valuation is set to reach US$ 9.7 Bn by 2021 end. FMI also forecasts that the airport ground support equipment sales to top 27,000 units by 2031-end owing to the increasing passenger …
Water Treatment Market : Notable Developments & Geographical Outlook 2022 to 2029
The global water treatment market is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights. Demand for potable water, changing government regulations, and awareness of the negative impact of untreated water are tipped …
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Centrifugal Pumps Market 2022 Industry Research, Segmentation, Key Players Analysis and Forecast to 2031
Global sales of centrifugal pumps are set to be valued at over US$ 29 Bn in 2021, with a steady long-term projection, according to the latest insights by Future Market Insights (FMI). The report estimates the market to expand at 4.6% CAGR from 2021 to 2031. In the centrifugal pumps market, the industrial and domestic segments …