In 2022, the market for transformer monitoring systems is anticipated to be worth US$2,785.2 Mn. By the end of 2032, it is anticipated to have grown at a CAGR of 8.9%, placing a value of US$ 6,539.2 Mn. Recent years have seen an increase in electricity consumption due to rapid urbanisation and increased industrial activity. As the world moves toward smart …
Category Archives: Press Release
Asia-Pacific Is Growing At Highest CAGR In The Automated Material Handling Market
The automated material handling systems market is predicted to increase at a CAGR of 9.4% from 2022 to 2027, rising from USD 28.8 billion in 2022 to USD 45.1 billion in 2027. Due to the commencement of COVID-19, the automated material industry is developing primarily due to increased demand for ASRS in the e-commerce industry. The material handling industry is expected to benefit from the growing trend …
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Global Softgel Encapsulation Machine Market Is Likely To Experience Steady Growth
The market for softgel encapsulation machines is anticipated to reach US$ 104.5 million in 2022 and expand at a CAGR of 4.3% from 2022 to 2032. By 2032, the market is projected to be worth US$ 159.6 Mn. Because of improvements in technology, production methods, and integration, it is anticipated that the production of softgel capsules will rise, driving growth in the market …
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North America Pressure Regulating Valves is currently valued at US$ 782.9 Mn – 2022
According to Future Market Insights analysis, the North America Pressure Regulating Valves Market is expected to reach US$ 782.9 Mn in 2022, growing at a CAGR of 5.1% from 2022 to 2032. The growing population in the North American region and the rising need for expanding residential construction are some of the primary factors that have witnessed growth during the historical years …
In 2022, Europe Dominated The Global Palletizing System Market With A Share Of 22.7%
The market for palletizing systems is projected to be worth US$2,134.1 million in 2022. The market is anticipated to reach US$ 3,412.6 million in value by 2032 and continue to grow at a steady CAGR of 4.8%. Palletizing systems are the equipment that helps in the automatic compiling of products on a pallet. A palletizer is designed and structured to …
Global Theodolite Market Is Projected To Exhibit A CAGR Of 6.1% By 2032 – FMI
Theodolite use in numerous infrastructure and large-scale construction projects is expected to be a major factor in the market’s expected growth to $ 826.5 mn by 2032. It is anticipated that this sector will see significant usage growth. Before any kind of construction work starts, a theodolite tool, a type of surveying equipment, is used to determine …
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Age-Related Molecular Degeneration Market is predicted to reach a valuation of US$ 22.19 Mn | FMI Analyst
The global Age-Related Molecular Degeneration Market is currently valued at US$ 11.28 Million in 2023 and is anticipated to expand at a CAGR of 7%. Owing to the technological advances in healthcare the market is likely to propel to US$ 22.19 Million by 2033. The increasing prevalence of AMD and a strong product pipeline are anticipated to be …
Contract Lifecycle Management Market is expected to reach ~US$ 2,413.9 Mn by 2029, growing at a CAGR of 12.2% for 2022 – 2029
The market for contract lifecycle management is anticipated to reach $2,413.9 million in US dollars by 2029, expanding at a CAGR of 12.2% from 2022 to 2029. According to the report, the contract lifecycle management industry will rise through 2029 as a result of a greater emphasis on risk assessment, trend forecasting, and client behaviour analysis. Integration …
Motion Control Software in Robotics Market surpassing a valuation of US$ 37.86 Bn by 2029
The Motion Control Software in Robotics Market is anticipated to grow at an impressive CAGR of 19.6% between 2022 and 2029, surpassing a valuation of US$ 10.81 Bn in 2022 and US$ 37.86 Bn by 2029. With automation and robotics gradually taking over industries, the focus is now shifting towards robotics software. It is believed that innovation …
Level Sensor Market is anticipated to grow at a CAGR of 6.3% during 2022-29
The Level sensor market size is anticipated to reach US$ 6.4 billion by 2029, growing at a 6.3% CAGR between 2022 and 2029. Additional market gains are predicted to be supported by a variety of causes, including the application of smart level sensors and the sheer spread of innovative industrial technology. The growing demand for intelligent devices, …
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