With a predicted CAGR of 13.7% throughout the forecast period, the global solid state power controller market is anticipated to generate US$ 5,646.9 million in revenue by 2032, up from US$ 1,562.4 million in 2022. Solid state power controllers are semiconductors that control the power sent to the load. As a result of their effectiveness in identifying overload conditions and preventing accidents like …
Category Archives: Press Release
Electronic Equipment Repair Service Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2032
According to the market analysis report by Future Market Insights (FMI), the electronic equipment repair service market is forecasted to reach a net worth of US$ 228.2 Bn in 2032 growing up from US$ 121.2 Bn in 2022. It is estimated to witness an impressive CAGR of 6.5% through these years. With the improving economic conditions and development of worldwide electricity network systems, there has …
Electronic Equipment Repair Service Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2032
According to the market analysis report by Future Market Insights (FMI), the electronic equipment repair service market is forecasted to reach a net worth of US$ 228.2 Bn in 2032 growing up from US$ 121.2 Bn in 2022. It is estimated to witness an impressive CAGR of 6.5% through these years. With the improving economic conditions and development of worldwide electricity network systems, there has …
Multi-Deck Refrigerated Display Cases Market Potential Growth, Share, Demand and Analysis of Key Players Forecasts to 2032
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 increased use of multi-deck refrigerated display cases in the retail food and beverage …
Hydraulic Cylinder Market High State Of Affairs, SWOT Analysis, Business Summary and Forecast 2032
The global hydraulic cylinder market is expected to grow at a moderate CAGR of 4.2 %, reaching nearly US$ 22.3 billion by 2032, up from US$ 14.2 billion in 2021. Increased spending on infrastructure development and natural resource mining is expected to be the primary factor driving hydraulic cylinder market sales. The global market is being driven …
Precision Gearbox Machinery Market Global Revenue Growth Expectations in the Near Future
The global precision gearbox machinery system industry is poised to increase at a steady CAGR of 5.8%, reaching US$ 8.95 Billion by 2032 from US$ 5 Billion in 2021. “The use of precision gearbox machinery in robotic operations and experiments is significant, giving a push to the market and making it more adaptable for the next generation …
Industrial Automation Market Potential Growth, Share, Demand and Analysis of Key Players Forecasts to 2032
he global Industrial Automation Market is expected to have a significant CAGR of 7% during the forecast period to reach a valuation of US$ 51 Bn by 2026, up from US$ 36 Bn in 2021. The efficient flow of information across multiple units in an industry allows for the most efficient conversion of raw materials to completed goods, emphasizing the importance of the …
Plain Bearing Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2032
As per the plain bearing market report by FMI, the global market is expected to be worth US$ 10 billion in 2021 and US$ 17 billion by 2032, growing at a modest CAGR of 5% over the forecast period. The rise of plain bearing applications is propelling the market forward. In addition, increased infrastructure spending, emerging technological projects, and heavy machinery development in China, India, the …
Conveyor Dishwasher Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2033
The conveyor dishwasher market is anticipated to thrive at a CAGR of 4.2% between 2023 and 2033. The market holds the share of US$ 4 Billion in 2023 while it is estimated to cross a valuation of US4 6 billion by 2033. The growing market space for outside eateries and food outlets has led to the adoption …
Wood Plastic Composite (WPC) Floorings Market to be Worth US$ 3,643.3 Million by 2030
Having analyzed and scrutinized all the aforementioned facets in its new market study, Future Market Insights (FMI) projects that the global WPC floorings market will grow in value at a healthy CAGR of 7.0% between 2020 and 2030. Over the years, the demand for wood-plastic composites (WPC) has significantly increased on the back of the high need for environment-friendly …