Future Market Insights (FMI) projects a strong year-over-year growth of over 5% in revenue for the global cardiac reader system market, with total sales approaching USD 1.5 billion in 2019. Benchtop analyzers, which make up more than 80% of total cardiac reader system sales, continue to dominate due to their robust functionality, though compact analyzers …
Category Archives: Press Release
Global Condition Monitoring Service Market to Reach $9.7 Billion by 2033 with a 9.8% CAGR Growth
The global demand for condition monitoring services is projected to surpass the valuation of US$ 9.7 Billion by 2033 end. As suggested by a new Future Market Insights (FMI) report, substantial growth in the condition monitoring service market is mainly backed by the growth of the power generation industry, which holds a prominent share of the overall …
Global Crane Market to Reach US$ 67.6 Billion by 2033, Driven by a 4.0% CAGR Growth
The global Crane Market is projected to witness significant growth in the coming years, driven by rapid urbanization, large-scale infrastructure projects, and increasing industrial activity across various regions. Cranes, essential for lifting and transporting heavy materials, are pivotal in construction, mining, shipping, and manufacturing sectors. As global demand for construction and industrial machinery rises, the …
Photonic Integrated Circuit & Quantum Computing Market Poised for Significant Growth by 2033
The global Photonic Integrated Circuit & Quantum Computing Market is set to experience transformative growth from 2023 to 2033, driven by innovations across telecommunications, data processing, and artificial intelligence applications. This market, valued at US$ 1.5 billion in 2023, is expected to reach a substantial US$ 9.8 billion by 2033, marking a robust projected compound annual growth rate (CAGR) …
Mercury Testing Service Market Poised for Growth Amid Rising Regulatory Standards and Health Concerns
Future Market Insights (FMI) has published its latest research on the mercury testing service market, covering the period from 2018 to 2028. According to the study, the market reached approximately USD 800 million in 2018 and is expected to see a year-over-year growth of 5% in 2019. Increasing regulatory attention on mercury emissions is driving …
Global Agriculture Testing Services Market Expands as Demand for Quality Assurance and Increased Production Rises
Agriculture testing services perform essential quality checks on various samples, including water, soil, seeds, food, and fertilizers, to ensure high-quality standards and optimize agricultural yields. Growing global demand for these services is driving substantial market growth. The agriculture testing services market is segmented by sample type (water, soil, seed, fertilizer, food, and others), service type …
Global XRF Analyzer Market Expected to Reach 5.7% CAGR through 2027, Driven by Mining, Manufacturing, and Quality Control Applications
According to Future Market Insights, the global XRF (X-ray Fluorescence) Analyzer market, valued at USD 2.2 billion in 2018, is set to grow at a CAGR of 5.7% from 2019 to 2027. XRF analyzers are seeing widespread adoption in the mining sector, where they enable on-site geochemical analysis of materials like ceramics, glass, and metals. …
Global Grant Management Software Market: Key Players Empowering Non-profits and Businesses with a 10.3% CAGR Forecast by 2033 | Future Market Insights, Inc.
The grant management software market is predicted to be worth US$ 2,522.1 million in 2023 and rise to US$ 6,742.4 million by 2033. The global industry was expanding at a CAGR of 8.2% from 2018 to 2022. SMEs are becoming prevalent in developing nations and are likely to utilize software-based automated solutions. As SMEs place huge emphasis …
North America Enterprise Video Market is Anticipated to Expand at 11% CAGR and is Likely to Cross US$ 44,299.9 Million by 2033 End | Future Market Insights, Inc.
The North American enterprise video market was worth US$15,647.2 million in 2023. It is anticipated to expand at an 11.0% CAGR from 2023 to 2033, reaching about US$44,299.9 Million by 2033. The industry for video-based goods and services is the definition of the market for enterprise videos in North America. Enterprises utilize them to promote training, …
Global IoT Communication Protocol Market to Surpass US$ 24.6 Billion by 2032 Amid Skyrocketing Demand for Smart Home Appliances | Future Market Insights, Inc.
In 2032, the IoT communication protocols Market is anticipated to be worth US$ 24.6 Billion. In 2022, its estimated value was US$ 15.9 Billion. It is likely to see a CAGR of 4.5% between 2022 and 2032. Consumer electronics are integrating IoT communication protocols as they enable connectivity and communication across devices. These facilitate the development of …