New Product Development
The marine boiler burner market is expected to grow at a 5.2% CAGR during the forecast period, reaching a market share of US$ 6.85 billion in 2032 from US$ 3.73 billion in 2020, owing to increasing automation in boiler fuel burning technology, such as artificial intelligence (AI). Marine boiler burner is a part of engine combustion system, installed at the …
Continue reading “Marine Boiler Burner Market Size Predictions : US$ 6.85 Billion in 2032”
Considering these factors, analysts at Future Market Insights (FMI) have forecast global adoption data virtualization cloud solutions to rise by 25.2% CAGR during 2020-2030. COVID-19 pandemic has boosted adoption of cloud-based platforms among businesses and small and medium-sized enterprises. Insights from recent studies reveal that over a third (38%) of companies are changing their focus to hybrid cloud structures …
The Concealed Weapon Detection Systems Market size is expected to grow from US$ 637.8 Mn in 2022 and US$ 1.17 Bn by 2031, likely to surge at a vigorous 6.9% CAGR during the assessment period 2022 – 2031 Huge demand for concealed weapon detection systems is being observed in the aviation industry, government sector, and commercial spaces such …
The Mindfulness Meditation Application Market is expected to expand at a CAGR of 9.5% to reach US$ 397.9 Million by the year 2030 and a valuation of US$ 192.7 Million in 2022. The demand for stress management in recent years has upped the search for meditation methods, creating a lucrative ground for entry of mindfulness …
According to FMI’s estimate, the threat intelligence market would develop at a CAGR of 16.9% during the forecast period. The industry’s worth is expected to rise from US$ 11.6 billion in 2023 to US$ 55 billion by the end of 2033. The demand for threat intelligence is expected to rise in the future years as …
The Mobile Money Market is estimated at US$ 106.8 Billion in 2022 and US$ 816.6 Billion by 2032, likely to surge at a vigorous 22.6% CAGR during the assessment period 2022 to 2032. The simplification of money transfers by digital wallets has lured a growing number of users. These wallets use biometric technology for payments …
Continue reading “Mobile Money Market : Notable Developments & Geographical Outlook 2022 to 2032”
Connected solutions for oil & gas sector are expected to surge at a CAGR of 16.3% between 2020 and 2030. VR training emerges as a popular connected solution in the oil and gas market as it remains on the cusp of digital transformation. Connected pipeline solution solving challenges associated with damaging leaks leading to massive losses. …
The demolition equipment market is anticipated to record a CAGR of 6% during the forecast period, up from US$ 902.91 Mn in 2021 to reach a valuation of US$ 1713.99 Mn by 2032. The demolition equipment market is anticipated to show promising growth prospects during the forecast period. Using demolition tools, older buildings are taken down by …
The global dairy machines market is estimated to growth at a CAGR of around 6% to 7% during the forecast period 2022-2032. The processing machine is expected to emerge as a highly remunerative segment, accounting for sales of more than US$ 10 Bn by 2022. The segment is anticipated to surpass a valuation of US$ 15 Bn by the end of 2032, projecting …
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Global sales of multi-deck refrigerated display cases are set to be valued at over US$ 5,937.1 Mn in 2022, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The report estimates the market to expand at over 5.6% CAGR from 2022-2032. The increasing usage of multi-deck refrigerated display cases in retail food …
