EUV lithography market is estimated for a staggering CAGR of 21.5% during the forecast period of 2022-2029. Miniaturization of integrated circuits and microchips elevated wafer production, and consistent growth of the semiconductors industry is anticipated to propel the adoption of EUV lithography into chip manufacturing across the globe. Currently, many IDMs and foundries are cautious in the adoption of …
Category Archives: Press Release
The Growing Demand for Conductive Fibers Market in Smart Clothing Technology to Total US$ 4.9 Billion by 2031
Conductive fibers recorded a volume sale of approximately 42 thousand tons, equating to a value of US$ 1.2 billion in 2022. As per the insights culled by the latest report of Future Market Insights (FMI), the global conductive fibers market is likely to spectate high growth throughout the forecast period, driven by a plethora of factors. The …
Europe Wood Pellet Heating Systems Market To Reach A Valuation Of US$ 6.83 Billion By 2029: Future Market Insights, Inc.
The European wood pellet heating systems market was valued at US$ 5.33 billion in 2022 and is expected to grow at a CAGR of 3.6 percent between 2022 and 2029. This expansion is primarily driven by rising demand for wood pellet heating systems in the commercial, residential, and industrial sectors. In recent years, the pellets market has …
Compressor Oil Market is Set to Witness an Uptick Size USD 9,298.7 Million by End of 2031
The surge in demand for synthetic compressor oil from the power generation industry is expected to contribute significantly towards the growth of the compressor oil market, finds Future Market Insights (FMI) in a study. According to the report, the market is forecast to exhibit a CAGR of 4.6% by 2031. Growth will continue, especially as the …
Global Underground Mining Equipment Market Is Expected To Reach A Valuation Of US$ 18.8 Billion By 2029
The study projects that the sales of underground mining equipment worth ~US$ 15.9 Bn were recorded in 2022. However, the market value is likely to grow at a passive CAGR of 2.4% through 2029. Additionally, the mining industry’s strict emission regulations for managed diesel emissions and worker safety are likely to spur innovations that could help more …
Building Automation Systems Market Is Predicted To Grow At 7.1% CAGR From 2023 To 2033
The market for building automation systems is anticipated to be worth US$ 52.2 billion in 2023 and US$ 103.4 billion by 2033. Building automation system sales are anticipated to increase during the forecast period at a significant CAGR of 7.1%. Building automation systems (BAS) are increasingly in demand all over the world. With a CAGR of 5.7%, …
From 2023 To 2033, Carbon Brush Market Is Likely To Register Acceleration Owing To A Slow 4.5% CAGR | Future Market Insights, Inc.
In 2023, the market for carbon brush is anticipated to reach US$ 2,900 million. Due to a slow 4.5% CAGR from 2023 to 2033, the market is likely to experience growth. The market should be worth more than $4,503.6 million in 2033. Additionally, the market seems capable of creating a US$1,603.5 million absolute dollar opportunity between 2023 …
Global Cathodic Protection Market Is Likely To Reach A Valuation Of US$ 4,680.2 Million Through 2032: Says Future Market Insights
The market for cathodic protection is anticipated to reach US$ 4,605.0 Mn in 2022 and expand at a CAGR of 5.2% from 2022 to 2032. By 2032, the market will probably be valued at US$ 4,680.2 Mn. Small to large industries use cathodic protection to prevent and lessen the effects of corrosion. Therefore, the oil & gas, …
Hyaluronic Acid Products Market | Sanofi, Ferring B.V., Viatris Inc., Croma-Pharma | By 2030
FMI expects global Hyaluronic Acid Products Market to recover, exhibiting growth at 6.1% CAGR through 2030. Hyaluronic acid products have been gaining the momentum backed by massive use in therapies intended at the treatment of osteoarthritis, vesicoureteral reflux (VUR), and dry eye diseases, besides diverse aesthetic applications. Future Market Insights (FMI) in a new study …
Pneumonia Diagnostics Market in China is set to expand at a CAGR of 6.4% from 2022 to 2032
The global Pneumonia Diagnostics Market is expected to enjoy a valuation of US$ 521.1 Mn by the end of 2022, and further expand at a CAGR of 5.6% from 2022 to 2032, reaching a valuation of ~US$ 899.4 Mn by 2032. Rising prevalence of pneumonia along with growing need for early detection of this medical condition for initiating a proper treatment is a …