New Product Development
As per an exhaustive analysis by FMI, the global submersible pumps market is poised to total US$ 14.45 Billion by 2031 in comparison to the US$ 8.42 Billion registered in 2020. Increasing demand for submersible pumps from construction, mining, and oil & gas industries is favoring the growth in the market. Driven by this, the market is expected to expand at a …
Continue reading “Submersible Pump Market Business Opportunities and Global Forecast to 2031”
Technological advancements and rising penetration of artificial intelligence have paved the way for increased sales of robotic lawn mowers, since they have become much more efficient. Rising dependency on automation in the commercial sector to decrease operating costs and increasing adoption of domestic robots for residential applications are major factors estimated to drive the growth …
In the current market scenario, prominent manufacturers are focusing on R&D activities for developing smart sub-meters in order to cater to several applications. Smart sub-meters help reduce electrical leakages and power cuts, and provide accurate consumption data to customers. Global value of the electric sub-meter market was US$ 9.74 Bn in 2021, and is projected to follow …
Continue reading “Electric Sub-meter Market Leaders & Key Revenue Pockets”
A new Future Market Insights (FMI) study suggests that the CBRN Protection Equipment Market is expected to reach US$ 5,717.0 Mn in 2022, likely to surge at a vigorous 5.5% CAGR during the assessment period. The greater emphasis of governments on enhancing the safety of military forces constitutes a major push for to global sales of CBRN protection equipment. Increasing …
Continue reading “CBRN Protection Equipment Market Major Revenue Gain is Predicted by 2029”
Witnessing the industry’s much anticipated shift from the traditionally preferred gypsum board to sustainably superior spray foam, the global air barrier market value will exceed US$ 16,932.8 Mn by 2022 end. A recent research study of Future Market Insights (FMI) suggests that the overall growth of the market for air barrier will be moderate during the period of …
The Europe wood pellet heating systems market was valued at ~US$ 4.7 Bn in 2018, and is estimated to increase at a CAGR of ~3% during the forecast period of 2019-2029. This growth is majorly driven by the increasing consumption of wood pellet heating systems in commercial, residential, as well as industrial sectors. The Europe …
As per the findings of Future Market Insights’ (FMI) report, the diamond core drilling market is projected to experience positive growth over the forecast period. The market is poised to expand at over 6% CAGR on the account of increasing mining and construction activities across the globe. Due to the need for improved infrastructure and to improve economic conditions, governments in …
Continue reading “Diamond Core Drilling Market is Expected to Generate Huge Profits by 2033”
As per Future Market Insights (FMI), the demand in the global industrial robot controller market is projected to surge at a robust CAGR of 8.9% during the forecast period 2022-2029. As in line with the findings of the document, the global commercial robot controller market is anticipated to peer significant boom over the forecast length, set in movement by means of …
In a new report, Future Industry Insights (FMI) assesses current changes in the underground mining equipment market and forecasts their impact on market growth between 2022 and 2029. According to the survey, sales of underground mining equipment of US$ 15.9 billion would be recorded in 2022. However, until 2029, the market value is expected to increase at …
Also, the oil & gas market research report assesses the prominent forecasting factors that are projected to further augment the growth of the oil & gas valves market on a global level as well as regional level. Further, the report offers the key industry dynamics affecting the global oil & gas valves market across its supply chain …