The North America variable frequency drive market is projected to reach US$ 7.79 Bn in revenues by 2027, according to a new research by Future Market Insights. In terms of volume, 6.25 million units of variable frequency drivers are expected to be sold in North America in 2017. The U.S. will continue to dominate sales, accounting for …
Category Archives: Press Release
Off-Highway Vehicle (OHV) Telematics Market Report Covers Detailed Industry Scope, Future Scenario and Elaborates Outlook to 2031
ESOMAR-certified consulting firm Future Market Insights’ report, projects the global OHV telematics market to record growth at 15.40% CAGR over the forecast period of 2021 and 2031. Growing demand from construction industry is accelerating OHV telematics sales across the globe. Demand for OHV telematics is rising extensively in emerging economies as are becoming more aware for the vehicle safety. …
Automotive Pump Market to reach US$ 106.0 Mn by the end of 2031, growing at a CAGR of 6.1% over the years (2021-2031)
The automotive pump market is expected to witness a significant growth in 2021, thanks to the implementation of various carbon emission norms across various countries. A study by Future Market Insights (FMI) on automotive pump market has forecast it to reach US$ 106.0 Mn by the end of 2031, growing at a CAGR of 6.1% …
Automotive Wiring Harness Market sales are set to exceed US$ 48 Bn in 2021
Substantial increase in the investment for automated driving activities and development of electric vehicles charging infrastructure across the globe are expected to remain key defining factors in the global automotive wiring harness market. As per FMI’s analysis, the global automotive wiring harness sales are set to exceed US$ 48 Bn in 2021, whereas in the long-term, …
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Compaction Machines Market are estimated to reach US$ 3,444.3 Mn by the end of 2015, and 6,310.7 Mn by the end of 2025
Future Market Insights (FMI), in its latest report titled “Compaction Machines Market: Global Industry Analysis and Opportunity Assessment 2015 – 2025”, has projected the global compaction machines market to expand at a steady CAGR of 6.2% in terms of revenue during the forecast period 2015–2025. The compaction machines market is estimated to reach US$ 3,444.3 Mn by …
Aircraft Refurbishing Market 2021 Outlook, Current and Future Industry Landscape Analysis 2031
As per Future Market Insights analysis, the aircraft refurbishing market is projected to be valued at US$ 4.2 Bn in 2021. Increasing airline fleet across the globe and the rise in demand for better comfort are expected to boost the aircraft refurbishing market between 2021 and 2031. The market is projected to expand at a CAGR of 5.8% between 2021 and …
Automotive Head-up Display Market is expected to grow at around 14.4% CAGR throughout the forecast period from 21 to 31
According to ESOMAR-certified Future Market Insights’ (FMI) latest research report, in 2021 the automotive HUD market grew by 11.5% year on year, bucking initial scepticism about how the market would perform during a global pandemic. As per the study, the global automotive HUD market is anticipated to grow at around 14.4% CAGR throughout the forecast …
APEJ Automotive Aftermarket is set to exhibit 7.1% CAGR between 2021 and 2031
Future Market Insights (FMI) sees impressive prospects for automotive aftermarket in APEJ. It has forecast the market to US$ 254.5 Bn by the end of 2031. Auto-components are subjected to abrasions and wear-outs by end use. Hence the need of repair and replacement of automotive components in existing vehicles has created an aftermarket system, consisting of multiple vendors …
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APAC Automotive Telematics Market Size (Value & Volume), Future Trends, Opportunities and Sales Channels, Forecast 2031
ESOMAR-certified consulting firm Future Market Insights (FMI) has recently published a report on the global APAC automotive telematics market for the forecast period 2021-2031. According to the report, the market is expected to post impressive gains, expanding at a CAGR of over 9% throughout the forecast period. Increasing production of passenger and commercial vehicles are spurring demand. While the …
Foodservice Equipment Market 2019 Outlook, Current and Future Industry Landscape Analysis 2029
Evolving food industry trends and changing dynamics of manufacturing and delivering methods in the foodservice industry are primarily shaping the market for foodservice equipment. Sales would multiply at a promising CAGR of over 5% during 2019 – 2029, as projected by a new Future Market Insights (FMI) report. Most restaurant owners are shifting towards smaller-sized kitchen …